Chief Financial Officer

Job Title: Chief Financial Officer

Reports to: College President

Division: Financial Services

Exempt/Non-Exempt Status: EXEMPT

Date: May 2024

Employment Status: Full-time

Summary:
Louisburg College is a private, two-year college. As a key member of the President’s Cabinet, the Chief Financial Officer (CFO) will assume a strategic role in the management of the institution’s financial matters.  The CFO will have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the institution. The CFO for Louisburg College requires experience working in higher education finances.

Position Responsibilities:

• Provides financial leadership, fostering a collaborative and collegial environment, and consistently supporting the College's strategic financial goals.
• Responsible for preparing (rolling up departmental budgets), reporting on, and monitoring the annual budget for the College.
• Responsible for preparing quarterly financial reports for internal and external review.
• Maintains organized documents/records and prepares tax returns and other external reports.
• Staff liaison to Audit Committee; prepares meeting materials and assures compliance with Audit Committee Charter.
• Conducts internal audits to ensure efficiency, effectiveness, and compliance; coordinates and prepares documents for annual external audits and takes the lead role in all audits.
• Maintains financial records for special project accounts.
• Oversees the College’s loan financing and repayment process.
• Works with investment advisors and endowment accounting consultants; prepares committee reports and maintains minutes of meetings.
• Reviews the College’s insurance policies, develops risk aversion strategies, develops and maintains a disaster and business recovery plan, and serves on the Campus Emergency Response Team.
• Reviews, negotiates, signs, and maintains all college contracts with vendors, including food services and housekeeping contractors.
• Ensures compliance with GAAP and federal and state grants in executing, analyzing, verifying, and reporting transactions of a fiscal nature.
• Oversees the payment plans and collections of student accounts.
• Oversees student billing, third-party billing, the transfer of funds to student accounts, and follows up on student accounts.

Minimum Qualifications:

A Master of Accounting or MBA degree, from an accredited institution, and a Certified Public Accountant license are required. Seven (7) years of progressively responsible experience in the area of accounting including three (3) years of supervisory experience required. Five years of experience in higher education accounting required including financial aid operations.

• Experience with CAMS, QuickBooks, and ADP or major ERP systems.

To Apply:

Send a cover letter, resume, and at least three (3) professional references to hr@louisburg.edu .  This position will remain open until filled.

Louisburg College is an Equal Opportunity Employer and encourages applications from all qualified individuals. It is the policy and practice of the College to provide equal opportunity to all persons. The College does not discriminate against its employees or applicants for employment because of race, color, national origin, age (as defined by the Age Discrimination in Employment Act), religion, gender, disability, veteran status, or sexual orientation. This policy applies to all aspects of the employment relationship including, but not limited to, recruitment, selection, advancement, compensation, benefits, transfer, and termination.

Related by faith to the Methodist Church, Louisburg College is committed to offering a supportive community that nurtures young men and women intellectually, culturally, socially, physically, and spiritually. As a two-year residential institution, we provide a bridge for students to make a successful transition from high school to senior colleges and universities.