Chief Financial Officer

Central State University; Wilberforce (OH); Sur place; USD 130 000 - 190 000; Plein temps

Résumé du poste

Central State University, located in Wilberforce, Ohio, seeks a Chief Financial Officer to steer strategic budgeting and financial planning for the university’s revenue streams, including state funds and tuition. The role reports to the COO and collaborates with the president’s cabinet.

The CFO will oversee short- and long-term budgeting efforts, provide financial leadership, and manage fiduciary operations across the Finance Division. This is a full-time, exempt, senior leadership position.

Qualifications

• Bachelor’s degree from an accredited college or university.
• Minimum of 10 years of progressively responsible high-level public-sector finance and administration.
• Experience in managing fiscal, financial and capital budgets and projects.
• Extensive knowledge of public sector budget processes, accounting principles, and practices.
• Strong budgetary, financial, and statistical expertise.

Responsabilités

• Develop yearly plans and periodic forecasts; allocate fiscal resources and manage fiscal accountability.
• Lead development of the annual operating budget in collaboration with deans, department chairs, and admin units.
• Provide annual budget and periodic information to the president and Board of Trustees on financial matters.
• Represent the institution to the Ohio Department of Higher Education and Ohio Office of Budget and Management on budgetary matters and participate in statewide committees.
• Assess finance impact of policy, fiscal and operational issues; perform complex budgetary, management and financial analysis.
• Lead all financial audits for university and university-affiliated organizations.
• Ensure timely preparation and accuracy of monthly, quarterly, and annual financial statements.

Connaissances

Interpersonal skills

Communication

Strategic leadership

Public sector finance knowledge

Formation

Bachelor's degree from an accredited college or university

Description du poste

Job Summary

The Chief Financial Officer provides strategic direction ofdivision responsibilities and ensures the financial health of theinstitution as well as oversight of the fiscal planning andfiduciary operation of the University through proper management,direction, control and coordination for all financial activities ofthe Division of Finance. The position reports to the ChiefOperating Officer with substantial collaboration with the presidentand may be a member of the president’s cabinet.

The CFO will develop and execute short- and long-term strategicbudgeting and financial planning efforts related to universityrevenue including tuition, fees, room and board, state appropriatedgrants, Land Grant funds and all other revenue for theUniversity.

This is a full-time, exempt, senior leadership position.

Duties and Responsibilities

• Develop and maintain yearly plans and periodic forecasts;allocate fiscal resources and manage the elements of fiscalaccountability.
• Lead development of the annual operating budget incollaboration with deans, department chairs, and administrativeunits.
• Provide annual budget and periodic information as necessary tothe president and Board of Trustees regarding all financialmatters.
• Represent the institution to the Ohio Department of HigherEducation and Ohio Office of Budget and Management on budgetarymatters and participates in statewide committees andinitiatives.
• Assesses finance impact of policy, fiscal and operationalissues; perform complex budgetary, management and financialanalysis.
• Lead all financial audits for university and universityaffiliated organizations.
• Ensure timely preparation and accuracy of monthly, quarterly,and annual financial statements.
• Overall managerial oversight of all University financialoperations, from daily payments and student accounts receipts, toworking capital cash position, short-term and long-terminvestments, to debt issuance and capital structure.
• Report on financial results and key metrics against appropriatebase comparison (prior year budget forecast, in-depth analysis toprepare and present projection and deviations from plan).
• Provide administrative management to the following offices:Budget, Controller, Management.
• Manage institutional cash flow, banking relationships, andshort-term investments.
• Oversee endowment reporting in coordination with the investmentcommittee and/or outside investment managers.
• Evaluate debt financing options, manage existing debtobligations, and maintain favorable credit ratings.
• Provide overall leadership and management responsibility forthe centralized financial functions, including, but not limited to,monetary asset management (cash management), financial accounting,financial reporting, external audit, accounts payable, accountsreceivable, fixed assets accounting, capital budgets, and financialstatements.
• Participate and collaborate in the negotiation of majorcontracts for services, lease of property or facilities, majorconstruction and renovation projects with diverse vendors, sale orpurchase of real estate, and other key transactions relevant to thefiscal status of the University.
• Lead the evaluation and enhancement of the University’s riskmanagement framework, identify and mitigate financial risks.
• Oversee and evaluate current insurance programs, ensureadequate coverage and compliance.
• Perform other duties assigned.

Minimum Qualifications

• Bachelor’s degree from an accredited college or university
• Minimum of 10 years of progressively responsible high-levelpublic-sector finance and administration
• Experience in managing fiscal, financial and capital budgetsand projects
• Extensive knowledge of public sector budget processes,accounting principles, and practices.
• Strong budgetary, financial, and statistical expertise

Required Knowledge, Skills and Abilities

• Excellent interpersonal relationships with all internal andexternal stakeholders, staff, faculty, students, professionalcolleagues, and others within the community.
• Excellent communication skills both verbal and written
• Ability to manage several priorities and departments
• Ability to maintain an atmosphere of cooperation, sharing, andtolerance
• Ability to define problems and recommend alternativesolutions
• Extensive knowledge of public finance policies and proceduresrelated to the fiscal activities of a state university or otherpublic sector institution with complex fiscal and financialresponsibilities.

Preferred Qualifications

• Certified Public Accountant ( MBA desirable)
• Prior CFO or VP of Finance experience in a higher educationinstitution, preferably at a small or mid-size college oruniversity.
• Extensive knowledge of state of Ohio budget processes and stateof Ohio accounting principles and practices
• Familiarity with Title IV federal financial aid regulations andrelated compliance requirements
• Familiarity with Higher Education Enterprise Resourcemanagement system especially Banner

Work Authorization

Applicants must be legally authorized towork in the United States at the time of hire and throughout theiremployment. The University is not able to sponsor employment visasfor this position now or in the future.

Background Check

All offers of employment at Central StateUniversity are contingent upon the successful completion of acomprehensive background check. This may include, but is notlimited to, verification of education and employment history,criminal history check, driving record (if applicable), drugscreening, and tax compliance review.

Certain positions may require additional screenings based on jobresponsibilities, regulatory requirements, or fundingsources.

Failure to successfully complete the required background check orprovide accurate and complete information may result in withdrawalof an offer or termination of employment.

Position Category

Staff - Monthly (Exempt)

Budgeted Annual Salary

Commensurate with experience

Required Documents

1. Resume
2. Cover Letter
3. Unofficial Transcripts