Chief Financial Officer

Virginia Union University; Richmond (VA); On-site; USD 170,000 - 200,000; Full time

Job summary

An established industry player in higher education is seeking a Chief Financial Officer (CFO) to lead financial operations and strategic planning. This full-time role offers an exciting opportunity to innovate and enhance processes in a mission-driven environment. The ideal candidate will have extensive experience in financial planning and analysis, along with a strong background in procurement and leadership. With a commitment to diversity and excellence, this role is pivotal in supporting the university's growth and ensuring operational efficiency. Join a dynamic team dedicated to making a difference in the educational landscape.

Qualifications

• Minimum six years of experience in finance and procurement.
• Detailed knowledge of GASB regulations is required.

Responsibilities

• Oversee financial operations and budgeting for the university.
• Lead innovation and enhance organizational processes.

Skills

Financial Planning and Analysis

Procurement

Leadership

Analytical Skills

ERP Systems Knowledge

Problem-Solving

Education

Undergraduate degree in accounting or finance

Tools

ERP Systems

Job description

Virginia Union University invites nominations and applications for the position of Chief Financial Officer (CFO). Reporting to the President, the CFO will oversee and manage the financial operations of the University and play a critical role in planning and executing the organization’s growth and evolution. This is an excellent opportunity for an innovative and disciplined finance manager with a proven record of creative problem-solving and strengthening infrastructure in a mission-driven organization.

About Virginia Union University

Located in Richmond, Virginia, VUU has achieved record enrollment growth, increased revenue and net assets, and reduced long-term debt. Fundraising has increased by 350% over pre-pandemic levels. Under Dr. Hakim Lucas, VUU ranks #39 among HBCUs and has improved in ranking for seven consecutive years. The university’s enrollment surged to 2,068 students for the 2023-2024 academic year, an 11% increase from 2022.

Position Overview

The CFO will provide leadership and oversight of VUU's Finance functions, including accounting, auxiliary services, payroll, student accounts, procurement, control, and budgeting. The role involves enhancing organizational processes and infrastructure to support VUU’s mission and growth. The CFO will be a key member of the leadership team, responsible for operational efficiency and capacity building.

Candidate Qualifications

• Undergraduate degree in accounting, finance, or related field.
• Minimum of six years of progressively responsible experience in procurement, financial planning and analysis, payroll, and auxiliary services.
• Experience in higher education preferred.
• Detailed knowledge of GASB regulations required.
• Proven ability to lead innovation and change in a growth organization.
• Technology savvy with success in leveraging technology for innovation.
• Ability to oversee multiple projects and lead a team of high-performing finance professionals.
• Strong analytical skills and in-depth knowledge of ERP systems.

Application Process

Screening begins immediately and continues until the position is filled. Applications, including a CV and cover letter addressing your interest, leadership philosophy, and commitment to diversity, should be submitted electronically. Nominations and inquiries can be directed to:

• Euris E. Belle, Managing Director
• Christine Falcone, Senior Search Associate

The Diversified Search Group, One Commerce Square, 2005 Market Street, Suite 3300, Philadelphia PA 19103.

Additional Information

VUU is an Equal Opportunity Employer. We consider qualified applicants regardless of race, color, religion, sex, national origin, sexual orientation, disability, gender identity, veteran status, or other protected classes.

Compensation

This full-time position is based in Richmond, VA. The salary range is $170,000 - $200,000, commensurate with experience, with a comprehensive benefits package. The position may require a background check.