Assume supporting responsibility to ensure that revenue collected and expenditures made conform to Generally Accepted Accounting Principles, state and federal regulations, donor restrictions and Foundation policy.
Prepare and present reports and analyses as necessary to the Foundation's governing bodies.
Support annual Foundation operating budget process and monitor budget performance.
Manage endowment, working capital, and cash assets under the policies, guidelines, and performance benchmarks established by the Foundation.
Support to ensure that all required federal and state returns and filings are timely and accurate.
Keep abreast of changes in GAAP, FASB and IRS rules and regulations as they apply to the Foundation, and implement changes as necessary.
Serve as support contact with external auditor, coordinate preparation of all schedules and provide information requested by the auditor as it relates to endowments and investments.
Work with the Investment Consultant to oversee implementation of the approved investment policies, asset allocation, and investment manager selection as determined by the Board of Directors and Investment Committee.
Serve as supporting staff for the Foundation's Audit, Investment, and Governance Committees.
Supervise up to two supporting members of Foundation staff.
Report directly to the ASU System Foundation President.
Prepare reconciliations on a monthly basis.
Assume additional duties as assigned.