Vice President of Finance and Administration and Chief Financial Officer

Keck Graduate Institute; Claremont (CA); On-site; USD 250,000 - 270,000; Full time

Job summary

Keck Graduate Institute is seeking a Vice President of Finance and Administration and Chief Financial Officer. This executive role involves overseeing financial and administrative operations while ensuring compliance with laws and best practices. The ideal candidate will have a strong background in finance within the higher education sector and demonstrate exceptional leadership and strategic planning skills.

Qualifications

• 8+ years of experience in finance with progressively increasing responsibilities in not-for-profit organizations.
• Experience working with diverse constituencies in higher education.
• Strong organizational and analytical skills necessary.

Responsibilities

• Oversee financial accounting and reporting for the Institute.
• Manage financial long-range planning and budgeting.
• Ensure compliance with regulatory financial practices.

Skills

Financial management

Strategic planning

Leadership

Analytical skills

Interpersonal communication

Education

Bachelor’s degree in Business or Accounting

Master’s degree, preferably in business

Tools

Financial management software

Job description

Vice President of Finance and Administration and Chief Financial Officer

Vice President of Finance and Administration and Chief Financial Officer

Job Posting Title

Vice President of Finance and Administration and Chief Financial Officer

Job Posting Title

Vice President of Finance and Administration and Chief Financial Officer

Job Description

Position Overview:

Reporting to the President, the Vice President of Finance and Administration and Chief Financial Officer for the Institute is responsible broadly for the financial and administrative affairs of the Institute, including accounting, budgeting, financial analysis, endowment oversight, student accounts, treasury functions, facilities management, information technology, and campus safety and security.

The Vice President of Finance and Administration and Chief Financial Officer for the Institute is expected to oversee the financial and administrative functions of the institution and staff the trustee committees responsible for investments, budgeting, and audit.

Keck Graduate Institute seeks to recruit, develop, and retain faculty, staff, and administration of the highest caliber.

Keck Graduate Institute (KGI) was founded in 1997 as the first higher education institution in the United States dedicated exclusively to education and research related to the applied life sciences. KGI offers innovative postgraduate degrees and certificates that integrate life and health sciences, business, pharmacy, engineering, and genetics, focusing on industry projects, hands-on industry experiences, and team collaborations. KGI employs an entrepreneurial approach and industry connections that allow students to become leaders in healthcare and the applied life sciences.

Located in beautiful Claremont, California, KGI is a member of the Claremont Colleges, a consortium of five undergraduate liberal arts colleges, two graduate institutions, and The Claremont Colleges Services, which provides shared institutional support services. Each nationally recognized college has its own campus, students and faculty, and distinctive mission, and each offers top-notch curricula, small classes, distinguished professors, and personalized instruction. The Claremont Colleges consistently place at the top of national college rankings, including Forbes, Money and U.S. News and World Report, and the Princeton Review.

Education And Experience

A Bachelor’s degree in Business or Accounting, preferably an MBA or CPA, or a related field, with at least eight years of experience working with high-profile professionals, making financial and strategic decisions, making independent judgments, and working with a wide diversity of people and constituencies, including progressively increasing management responsibility within not-for-profit enterprises.

The Vice President of Finance and Administration and Chief Financial Officer for the Institute must appreciate higher education culture, including shared governance. In addition to accounting, budgeting, and finance skills, the Vice President of Finance and Administration and Chief Financial Officer for the Institute should have strong organizational, analytical, writing, and interpersonal communication skills and be able to work effectively in a demanding but collegial environment.

A Master’s degree, preferably in business or a related field, is preferred.

Essential Functions and Responsibilities: Individuals must possess knowledge, skills and abilities to successfully perform the essential function of the position, or be able to explain or demonstrate how the essential functions may be performed, with or without, reasonable accommodations, using some other combination of skills and abilities.

• Serve as a member of the President’s cabinet in shaping the Institution’s financial future and administrative policies, and participate in relevant Board committees, including the Audit, Finance, and Investments.
• Oversee and manage the financial accounting and reporting, control of financial operations, financial long-range planning and budgeting, and management of assets and liabilities within prescribed policies.
• Ensure compliance with regulatory and generally accepted accounting practices and rules.
• Direct the institute's administrative and fiscal functions and policies (accounting, budget management, purchasing, facilities, IT, property management, and investments).
• Align financial and administrative procedures with the Institute’s objectives and establish systems to ensure compliance with Institute expenditures and student needs.
• Provide oversight of the Institute’s finances and investments to the Board of Trustees.
• Interpret operating reports and results as they affect the Institute's financial aspects and make specific recommendations for cost reduction and/or profit improvement as needed.
• Signs tax returns, checks, and other financial documents as required.
• Lead and supervise Facilities and IT, including oversight of all accounting, financing of capital projects and improvements, investing Institute endowment, annual audit, and other fiscal functions.
• Provide clear direction and oversight of all department activities in order to develop and achieve annual goals, including budgeting, planning, and staff development. Responsible for monitoring and evaluating direct reports and overall division staff performance and daily assignments.
• Collaborate within the Claremont Consortium and represent the Institute’s interests in key areas.
• Look for methods to improve quality, efficiency, and productivity, reduce costs, increase profits, or improve control measures.
• Evaluation of financial advice on the impact of introducing new programs and strategies.
• Perform other related duties as requested by the President.
  
  

Required Knowledge, Skills and Abilities: Individuals must possess knowledge, skills and abilities to successfully perform the essential function of the position, or be able to explain or demonstrate how the essential functions may be performed, with or without, reasonable accommodations, using some other combination of skills and abilities.

• Thorough knowledge of the applicable laws and administrative policies governing university finance practices and procedures and the principles and practices of not-for-profit accounting.
• Capable of collaborating and communicating across all levels of the organization and adept at preparing and delivering presentations.
• Extensive financial and budget management experience, preferably with some endowment accounting expertise. Exposure to higher education is a strong preference.
• Demonstrated ability to develop and execute strategic financial plans that drive revenue growth.
• Ability to conceptualize and operationalize goals and objectives for the department.
• Proven ability to promote teamwork and collaboration within teams and with colleagues across the Institute.
• Extensive problem-solving skills and the ability to organize and manage complex functions are required.
• Must be skilled in using financial management software commonly used in higher education.
• The ability to work with confidential and sensitive information and records and commit to the highest ethical standards is necessary.
• Must interact effectively with a culturally and ethnically diverse population of students, faculty, staff, and external constituencies.
  
  

Hours, Classification, And Status

This is a regular, full-time, benefits-eligible, exempt position.

The regular hours of this position are Monday-Friday 8:00 am-5:00 pm. Hours may vary due to the needs of the College or department.

Salary range: $250,000-$270,000 annualized. The salary of the finalist(s) selected for this role will be set based on a variety of factors, including but not limited to, internal equity, experience, education, specialty, and training.

Physical And Mental Requirements

Ability to maintain good concentration level while dealing with interruptions; attention to details with emphasis on accuracy; capable of giving, receiving, and analyzing information, formulating work plans, and articulating goals and action plans. Sitting in a normal seated position for extended periods of time. Standing for extended periods of time. Reaching and extending hand(s) or arm(s) in any direction. Finger dexterity required to manipulate objects with fingers rather than the whole hand(s), or arm(s), for example, using a keyboard. Communication skills using the spoken word. Ability to see within normal parameters. Ability to hear within normal parameters. Ability to bend and stoop, for example, to file. Ability to move about. Ability to lift and carry short distances up to 20 lbs., for example to lift or move office supplies, files, books and packages.

Ability to drive locally, depending on business needs. Occasionally, will be required to stand for prolonged periods of time at activities/events on and off-campus.

To Apply

A confidential review of applications, nominations, and expressions of interest will begin immediately and will continue until an appointment is made. To be ensured full consideration, please upload a letter of interest, resume, and three professional references (a manager, a direct report, if applicable, and a coworker).

Equal Employment Opportunity Policy

Keck Graduate Institute is an equal opportunity employer. It does not discriminate against qualified employees or applicants based on race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship status, age, marital status, physical disability, mental disability, medical condition, sexual orientation, military or veteran status, genetic information, or any other characteristic protected by applicable state or federal law. Equal employment opportunity will be extended to all persons in all terms and conditions of employment.

Keck Graduate Institute (KGI) is a participating employer in E-Verify. We use E-Verify to confirm the employment eligibility of all newly hired employees as required by federal law. For more information about E-Verify, please visit www.e-verify.gov.

Seniority level

• Seniority level

  Executive

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Higher Education

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