Vice President of Finance/Treasurer

Saint Joseph's College of Maine • Standish, ME • 5h ago

This job was posted by https://joblink.maine.gov : For more information, please see: https://joblink.maine.gov/jobs/1400795

Saint Joseph\'s College of Maine is seeking a dynamic individual for the position of Vice President of Finance/Treasurer!

POSITION DESCRIPTION: The Vice President of Finance and Treasurer of the College serves as the principal advisor to the President on the business and financial operations of the College and prepares financial analysis and budgetary reports for the President and Board of Trustees. This role serves as a good steward of the resources of the institution by ensuring the financial health of the College through effective leadership, collaboration, direction and oversight to the Colleges financial and revenue generating operations; performing a key role for the ongoing development of the Colleges strategic plan; providing direction for the growth of non-tuition revenue; and providing supervision and direction to the positions direct reports.

The VP of Finance/Treasurer will serve as leadership team member who is the administrative liaison for the following committees of the Board of Trustees: Revenue and Resources Committee, Audit and Risk Management Committee.

MINIMUM QUALIFICATIONS:

The Chief Financial Officer will be a creative, strategic, collegial and entrepreneurial administrator who values transparency and shared governance and who possesses:

A minimum of ten years of progressively responsible financial

leadership and management experience. Experience in higher education is not required although helpful.

Demonstrated experience and success in the areas overseeing treasury

functions, financial reporting, annual and strategic budgeting, long-term and endowment investments, real estate development, long term debt management, risk management and new business development (including public/private partnerships).

A Masters degree (preferred).

Certified Public Accountant (CPA) designation a plus.

POSITION RESPONSIBILITIES:

Ensures the financial health of the College through effective leadership, collaboration, direction and oversight to the Colleges financial operations by:

Overseeing the development of the annual operating plans with SMART

goals for the units in the finance area so that they provide high levels of service

Meeting regularly with the Leadership Team members to coordinate the

delivery of high levels of service

Assisting the College to achieve the strategic goal of being

financially sound and serving as a key partner in the strategic work of enhancing and diversifying the Colleges revenue streams

Leading the business and financial planning functions to achieve

strong operating results and a stable capital financing plan

Guiding the Colleges investments, endowment and contracted insurance

and ensuring that appropriate insurances are purchased

Monitoring controls are in place and overseeing compliance and risk

management

Directing all financial accounting and financial reporting with the

assistance of the Controller

Developing reporting systems and processes to inform College

leadership about the financial impacts of decisions

Preparing financial forecasts and ensuring positive cash flows

Providing continuous analysis and improvement with the annual

operating and capital budgets, and the operational systems

Managing long-term debt, including requests for new issues

Ensuring annual audits are conducted, all tax returns prepared and

appropriate reports filed

Reviewing the status of student accounts receivable with the

designated staff, as needed

Overseeing grant administration and reporting while proactively

ensuring departments are adhering to grant funding requirements

Performs a key role for the ongoing development of the Colleges strategic plan by:

Facilitating the financial analysis, business planning and

leadership of the Colleges resources to facilitate and support its mission and strategic plan

Ensuring that each major division has a sustainable business plan

that supports the near, mid and long term goals of our learning community and that aligns with the Colleges business plan, for which the CFO is primarily responsible

Preparing the strategic financial model and multi-year budgets and

ensuring integration with the strategic plan

Continuously monitoring the higher education landscape for financial

risks and opportunities and interpreting their implications for the College

Strategically managing the resource constraints inherent in a

nonprofit tuition driven institution

Demonstrating competence in transparent communication of strategic

financial matters to key institutional stakeholders

About Saint Josephs

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