Director of Accounting, University Foundation

Thank you for your interest in employment with Louisiana Tech University.

The Director of Accounting will oversee the day-to-day accounting operations of the Foundation and its subsidiaries while ensuring accuracy, compliance, and timely financial reporting. This position will manage general ledger activities, reconciliations, accounts payable/receivable, and gift accounting, while maintaining strong internal controls to safeguard assets and uphold donor intent.

The growth in contributions, endowment management, and diversified revenue streams has increased transaction volume and complexity, requiring dedicated leadership in accounting. This position is essential to maintaining the Foundation’s high standards of financial stewardship, accountability, and mission support for Louisiana Tech University.

1. Analyze the financial status of the non-for-profit organizations: Louisiana Tech University

   Foundation, Inc. (LTUF); Louisiana Tech University Alumni Association, Inc. (LTUAA); 

   Louisiana Tech Research Corporation (LTRC). Prepare monthly financial statements.

   As directed by the CFO, present financial reports to the board and committee meetings.

   Maintain accounting procedures and internal operation controls to ensure fiduciary

    responsibility of funds and compliance with accounting standards.  Prepare monthly budget.

2. Work with CFO and investment managers to develop effective and efficient processes

    for maintaining professorship and chair accounts and for completing all reporting as

   required by the Board of Regents. Prepare income projections to include the university's

   budgeting process for chair and professorship expenditures.

3. Authorize payments for internal operating costs and restricted education expenditures.

   Prepare IRS 941 and L-1. Supervise the preparation of W-9s, 1099s, and other IRS reports.

   Supervise entry process of contributions, dues, and receipts.

4. Provide support to the Director of Donor Engagement and Stewardship, Director of Gift

   Processing, and the Director of Estate Planning and Donor Relations to monitor

   scholarships and endowment agreements. Prepare income projections for endowments 

   for university annual scholarship awards. Provide financial data for endowment

   reporting as needed.

5. At the direction of the CFO, arrange and coordinate annual audits and reports for the 

   Foundation, Association, and Professorships and Chairs. Work with auditors in

   preparation of schedules, confirmations, field work, final audit reports, and board

   presentations.

6. At the direction of the CFO, coordinate annual preparation of informational returns Form 990

   for LTUF, LTUAA, and LTRC.

7. Prepare financial and statistical reports in conjunction with the University for national and 

    state organizations and publications. Also prepare reports for directors, staff, and volunteers

    to further development goals.

8. Other duties as assigned by the Chief Financial Officer.   

PURPOSE OF POSITION--Fiscal management for the Louisiana Tech University Foundation, Alumni Association, and Louisiana Tech Research Corporation based on each organization's goals and objectives as established by their respective boards serving as support for the education activities of the University.

QUALIFICATIONS/REQUIREMENTS--Bachelor's degree in accounting, Certified Public Account or candidate preferred; minimum of 3-5 years experience in accounting, or related business experience with preference in higher education and/or not-for-profit; demonstrate leadership, supervisory, and administrative skills; excellent communication skills to relate to a diverse university and business community.

ESSENTIAL FUNCTIONS OF JOB--Excellent knowledge of accounting principles, system controls, and fund accounting; knowledge of not-for-profit accounting preferred; general knowledge of computers, with good computer skills required; good communication skills, both verbal and written; and flexible work schedule allowing for after-hours and weekend time as required.

SUPERVISORY RESPONSIBILITY (if applicable)--Position titles of your subordinates: Sr. Director of University Services and Accounts Payable Director of Gift Processing Nature of supervision: Assist in questions/issues that arise. Approve time off reques