Top Subsidiary Executive leads, plans and directs all aspects of a subsidiary organization's policies, objectives, and initiatives approved by the parent organization. Defines the vision and develops short and long-term goals and strategy that drive the achievement of maximum financial performance. Being a Top Subsidiary Executive builds and leads a team of executives with required expertise and skills to deliver results on the goals and nurtures a culture that supports the organizations objectives. Develops budgets and allocates funding to support the strategy, and adjusts funding based on major expenditures. Additionally, Top Subsidiary Executive requires a bachelor's degree. Typically reports to Chief Executive Officer (CEO) of parent company. The Top Subsidiary Executive manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)
The Virginia Tech Foundation, Inc. (Foundation) was established in 1948 to receive, manage, and disburse private gifts in support of Virginia Tech programs. The Foundation is a 501(c)(3) nonprofit corporation governed by its board of directors. The Foundation serves the university by generating funding from private sources and aggressively managing its assets to provide funding which supplements state appropriations. The Foundation provides additional operating support to colleges and departments, assists in the funding of major building projects, and provides seed capital for new university initiatives.
Responsibilities:
Prepare/review necessary transactions for the related subsidiaries of VTF (CRC, Hotel Roanoke, WVTF, River Course) in order to assist in the preparation of VTF financial statements in accordance with GAAP. Review and approve daily cash receipts and journal entries and serve as backup for the Program Support Technician and Accountant-Fixed Assets.
Qualifications:
Education, Licensure, and Certification required for entry into position:
For complete details, please see the attached job description.
Virginia Tech Foundation is an Equal Opportunity Employer
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