Associate Director for Asset Management

Title: Associate Director for Asset Management
Division Name: University Advancement
Department: Advancement & Foundation Operations

Job Summary

The Associate Director for Asset Management reports to the Director of Accounting Operations and manages Foundation assets to ensure financial assets are properly stewarded, reconciled, and reported. This position serves as a strategic resource to Foundation leadership, the Foundation Board, campus administrators, and works collaboratively with external vendors, Advancement Operations, Development, Financial Aid, the Office of the Provost, and university partners, to maximize the impact of financial resources and ensure compliance with all legal and policy obligations. This position serves as the in-house expert on budget, investments, tax, audit, and asset management.

Additional Information

This position will work within Advancement Operations, which houses Accounting Operations, Advancement Technology Services, Gift Processing, Prospect Research, and Donor Engagement.

University Benefit Highlights:

- Insurance benefits, including health, dental, vision, and life
- Retirement and supplemental retirement planning options
- Tuition waiver benefits available to staff as well as their eligible dependents
- Paid holiday/administrative closures during Thanksgiving and Winter Breaks
- Paid benefit time

Additional University Benefit information, including information regarding eligibility to participate in the State Universities Retirement System and the State of Illinois Group Insurance program, can be reviewed here: https://hr.illinoisstate.edu/benefits/

Salary Rate / Pay Rate

$70,000 to $75,000 annual

Required Qualifications

1. A. Bachelor's degree with a major in Accountancy or a related field AND two (2) years of professional level accounting experience.
OR
B. Possession of current registration as a Certified Public Accountant (CPA), Certified Management Accountant, or a valid license to practice Public Accounting (LPA).
OR
C. Master's degree in Accountancy or a related field.
2. Minimum of five years of full-time or part-time equivalent professional level experience in accounting, finance, or foundation operations.
3. Excellent written and verbal communication skills
4. Ability to analyze data, review accounting and financial documents, and utilize software to achieve positive outcomes
5. Creative problem-solver who can identify gaps and opportunities
6. Demonstrated ability to behave in a manner that ensures confidentiality

Preferred Qualifications

1. Experience with financial asset management.
2. Experience with CRM software, accounting software, and banking/investment software
3. Strong organizational skills, ability to manage long-term projects, and flexibility to deal with changing priorities
4. Self-starter, motivated

Work Hours

Core work hours are 8:00am to 4:30pm, Monday through Friday

Functional Expectations

Must be able to complete the following with or without a reasonable accommodation:

1. Effectively communicate on a daily basis.
2. Remain at a workstation for extended periods.
3. Distinguish colors on a monitor.
4. Move about in various locations on and off campus as needed to complete day-to-day work.

Proposed Starting Date

March 2026

Required Applicant Documents

Resume

Please Note: These documents are required to be submitted online in order to complete the application process. Please have these documents ready prior to clicking on "Apply"

Optional Applicant Documents

Transcripts - See Special Instructions section for additional options
Current registration as a Certified Public Accountant (CPA), Certified Management Accountant, or a valid license to practice Public Accounting (LPA)
Certification of Retirement Annuity

Please Note: These documents may be submitted online in order to complete the application process. Please have these documents ready prior to clicking on "Apply"

Special Instructions for Applicants

Please fully complete the entire application including, but not limited to, the education and work history portions. Be specific on your work history, including employment dates (i