Chief Financial Officer

02/15/2022
Application Due:
Open Until Filled
Category:
Business and Financial Services
Reports to:
The President
Position Type:
Full-time
Compensation:
Commensurate with experience
Application Deadline:
Open until filled - first review February 28, 2022
The Chief Financial Officer (CFO) is the most senior financial professional at the College and is responsible for the fiscal health of the institution. Reporting to the President, the role of the Chief Financial Officer (CFO) role is two-fold: Oversee the organization's financial activities, including being responsible for the finance and accounting professionals who perform operations functions, and serve in a strategic advisory role for the President and leadership team. In addition to meeting revenue and earnings goals, effectively managing cash flow is in the CFO's purview.
The CFO leads business, financial and information technology operations for the College and may help set technology direction and make recommendations on everything from supply chain to marketing based on fiscal insights and industry knowledge. The CFO has an eye toward the future, working closely with top leadership, including the Board of Trustees, and recommends strategic moves.
Specific duties include:
Helping select skilled staff for the finance team, and working with departments to allocate budget for human capital management
Coordinating the development of and adherence to College-wide and program budgets and long-range financial planning
Aligning budgets with strategic priorities
Identifying and exploring alternative revenue streams
Ensuring that accounts payable obligations are paid in full, and controlling expenses so that enough cash is on hand to meet financial obligations
Overseeing information technology programs, including intensive end user support
Overseeing human resources initiatives and functions
Assisting with WSCUC and AACSB accreditation-related initiatives
Overseeing the management of payroll, benefits administration, and employee records, and all systems that support those functions
Maintaining a strategic focus on ensuring a strong return on investment (ROI)
Coordinating and overseeing mandated audits
Accurately predicting likely future outcomes, which includes financial forecasting and modeling based on past performance, as well as on internal and external factors that may affect future revenue and expenses
Ensuring financial reports including income statements, balance sheets, and cash flow statements that help both internal leaders and external stakeholders understand the financial state of the College
Attesting that the statements are accurate and complete in accordance with generally accepted accounting principles (GAAP)
Promoting and engaging in program assessment activities
Preparing Board agendas and other materials, and writing minutes of the Board committee meetings
The CFO must be a forward-looking leader with strong strategic and analytical skills, proven success in ensuring access and maintaining diversity, and an excellent manager, mentor, and collaborator. The CFO facilitates a shared leadership culture through the development of functional teams, and is accountable for developing and implementing the means to accomplish the College's financial goals.
Qualifications:
Ten years' experience in a senior role, with demonstrated experience in accounting and financial services preferably in higher education
MBA, other master's degree in accounting, finance or economics, or an equivalent combination of education and experience
A successfully-completed Certified Public Accountant (CPA) examination preferred
Up-to-date knowledge of current financial and accounting computer applications
Excellent verbal, analytical, organizational and written communication skills
Demonstrated experience working independently or in teams with diverse constituents with the ability to anticipate and initiate next steps
Successful track record of managing and supervising professional staff
Demonstrated experience in strategic and operational planning, as well as budget development
Skills/Abilities:
Proven ability to effectively articulate organizational objectives orally and in writing
Excellent inter-personal skills with diverse groups of individuals
Organized and detail-oriented
Ability to manage multiple projects and work collaboratively
Critical thinking skills with the ability to make independent decisions and take initiative
Competency to monitor and control resources
Outstanding analytical and math skills
Interested individuals should submit a letter of interest specifying why they aspire to be the next CFO, with salary requirements and a resume/CV. Please include a list of five references.
The College is committed to a firm policy of equal employment opportunity. All prospective employees are required to satisfy a background check and have fully completed their COVID-19 vaccinations (including a booster) or have an approved exemption. A negative PCR test will be required prior to employment. All employees that operate a motor vehicle on behalf of the College must be cleared annually using Department of Motor Vehicle records.
The College is an equal opportunity employer.
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