About this opportunity
PHILANDER SMITH COLLEGE lists this Vice President for Fiscal Affairs & Chief Financial Officer opportunity in little rock, Arkansas. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Job DetailsJob Location: Philander Smith University - LITTLE ROCK, AR 72202Position Type: Full TimeEducation Level: Graduate DegreeSalary Range: $160,000.00 - $180,000.00 SalaryTravel Percentage: Up to 25%Job Shift: DayJob Category: ExecutivePosition Summary
Philander Smith University seeks an experienced, strategic, and highly collaborative Vice President for Fiscal Affairs & Chief Financial Officer (VPFA/CFO) to provide executive leadership for the University's financial operations, fiscal strategy, financial planning, and long-term financial sustainability.
Reporting directly to the President and serving as a member of the President's Executive Cabinet, the VPFA/CFO is the University's chief financial officer and principal advisor to the President on budgeting, accounting, treasury, liquidity, investments, debt and capital financing, financial reporting, and financial sustainability.
The CFO leads the University's financial enterprise and partners across the institution to align financial strategy, operations, and resources with University priorities.
Organizational Oversight
Controller's Office
Accounting
Budget and Financial Planning
Treasury and Cash Management
Accounts Payable
Payroll
Procurement and Purchasing
Student Accounts/Bursar
Financial Reporting
Business Services
Essential Duties and Responsibilities
Strategic Financial Leadership
Serve as the University's chief financial strategist and principal financial advisor to the President.
Develop long-range financial strategies and models supporting institutional priorities and sustainability.
Evaluate the financial implications of major institutional initiatives and advise on resource allocation.
Financial Operations and Controls
Direct accounting and financial operations and ensure timely monthly, quarterly, and annual financial statements.
Maintain financial records in accordance with GAAP and applicable standards.
Establish and maintain financial policies, procedures, internal controls, and appropriate segregation of duties.
Oversee cash management, treasury, banking relationships, investments, and liquidity planning.
Budget, Forecasting, and Enrollment Revenue
Lead annual operating and capital budget development and administration.
Maintain multi-year financial forecasts incorporating enrollment, tuition and fees, institutional aid, personnel costs, debt, capital needs, and other significant drivers.
Partner with Enrollment Management and appropriate offices to model enrollment, retention, discounting, net tuition revenue, housing, and auxiliary revenue.
Monitor budget-to-actual performance and recommend timely corrective actions.
Executive Financial Reporting and Dashboards
Maintain a forward-looking executive financial dashboard covering liquidity, revenues, expenses, receivables, debt, capital commitments, and major financial risks.
Provide regular financial reporting to the President, Executive Cabinet, Board of Trustees, and Finance & Audit Committee.
Debt, Capital Financing, and Treasury
Lead debt portfolio management, capital financing strategy, and long-term capital obligation planning.
Evaluate financing alternatives and advise the President regarding affordability, structure, timing, and risk.
Monitor debt covenants, debt-service requirements, and financing agreements.
Procurement, External Audit, and Systems
Provide executive oversight of procurement and purchasing and promote transparent, competitive, and compliant practices.
Coordinate the annual external financial audit and implement corrective actions within Fiscal Affairs.
Implement corrective actions related to financial operations and controls.
Lead financial-system modernization, process improvement, automation, and data-integrity initiatives.
Leadership
Recruit, supervise, develop, and evaluate Fiscal Affairs personnel.
Establish clear standards for accountability, service, responsiveness, and financial discipline.
QualificationsRequired Qualifications
Bachelor's degree in Accounting, Finance, Business Administration, or a related field; master's degree preferred.
CPA strongly preferred.
Minimum ten years of progressively responsible financial leadership.
Demonstrated experience managing complex budgets, audits, treasury, debt, financial reporting, and financial systems.
Senior financial leadership experience in higher education strongly preferred.
Knowledge, Skills, and Abilities
Expert knowledge of financial management, GAAP, and applicable accounting standards.
Advanced budgeting, forecasting, financial modeling, treasury, liquidity, and analytical skills.
Experience with ERP systems; Ellucian Colleague preferred.
Excellent communication, leadership, ethical judgment, discretion, and collaborative skills.
Preferred Qualifications
Experience at a private institution or HBCU.
Experience working with governing boards and finance/audit committees.
Experience with endowment management, debt financing, capital projects, and enrollment-revenue modeling.
Core Competencies
Strategic Thinking
Financial Stewardship
Ethical Leadership
Transparency
Accountability
Sound Judgment
Collaboration
Change Leadership
Operational Excellence
Commitment to Student Success
Reporting and Organizational Relationships
The VPFA/CFO reports directly to the President, serves on the President's Executive Cabinet, and leads accounting, financial reporting, fiscal controls, treasury, budgeting, and financial strategy.
Institutional Expectations
The CFO is expected to connect financial strategy to institutional strategy, maintain rigorous fiscal controls, provide forward-looking analysis, and ensure University resources are deployed responsibly in support of institutional sustainability and student success.
Disclaimer
This position description describes the general nature and level of work performed and is not an exhaustive list of duties. Philander Smith University reserves the right to modify responsibilities as institutional needs evolve.
Benefits:
Medical, Dental, and Vision Insurance Plans
Short-term and Long-term Disability Coverage
Flexible Spending Aaccounts and Health Savings Accounts
Employee Assistance Program
403B Retirement Savings Plan
Life Insurance
Paid Time Off
Tuition Reimbursement
Equal Employment Opportunity Employer
Philander Smith University is an Equal Opportunity Employer. It does not discriminate against applicants or employees based on protected characteristics, including race, color, national origin, ethnicity, religion, age, sex, gender, sexual orientation, or medical history,or on any other basis prohibited by applicable law.
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Worksite address
little rock, AR, 72208, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.