Chief Financial Officer

2 months ago

San Francisco, United States CLevelCrossing Full time

02/15/2022
Application Due:
Open Until Filled
Category:
Business and Financial Services
Reports to:
The President
Position Type:
Full-time
Compensation:
Commensurate with experience
Application Deadline:
Open until filled - first review February 28, 2022

The Chief Financial Officer (CFO) is the most senior financial professional at the College and is responsible for the fiscal health of the institution. Reporting to the President, the role of the Chief Financial Officer (CFO) role is two-fold: Oversee the organization's financial activities, including being responsible for the finance and accounting professionals who perform operations functions, and serve in a strategic advisory role for the President and leadership team. In addition to meeting revenue and earnings goals, effectively managing cash flow is in the CFO's purview.

The CFO leads business, financial and information technology operations for the College and may help set technology direction and make recommendation on everything from supply chain to marketing based on fiscal insights and industry knowledge. The CFO has an eye toward the future, working closely with top leadership, including the Board of Trustees, and recommends strategic moves. The CFO puts complex data (current, past and predicted financial results) in perspective, and advises the President and Board of Trustees about industry trends while guiding critical decision making. Direct reports include the Director of Business & Financial Affairs, the Chief Information Officer, and the Director of Human Resources.

Specific duties include:

  1. Helping select skilled staff for the finance team, and working with departments to allocate budget for human capital management
  2. Coordinating the development of and adherence to College-wide and program budgets and long-range financial planning
  3. Aligning budgets with strategic priorities
  4. Identifying and exploring alternative revenue streams
  5. Ensuring that accounts payable obligations are paid in full, and controlling expenses so that enough cash is on hand to meet financial obligations
  6. Overseeing information technology programs, including intensive end user support
  7. Overseeing human resources initiatives and functions
  8. Assisting with WSCUC and AACSB accreditation-related initiatives
  9. Overseeing the management of payroll, benefits administration, and employee records
  10. Maintaining a strategic focus on ensuring a strong return on investment (ROI)
  11. Coordinating and overseeing mandated audits
  12. Accurately predicting likely future outcomes, which includes financial forecasting and modeling based on past performance
  13. Making sense of the various departmental level budget forecasts to create projections for the Board, leadership and stakeholders
  14. Ensuring financial reports including income statements, balance sheets, and cash flow statements that help both internal leaders and external stakeholders understand the financial state of the College
  15. Attesting that the statements are accurate and complete in accordance with generally accepted accounting principles (GAAP)
  16. Promoting and engaging in program assessment activities
  17. Serving as staff to Board of Trustee committees, and participating in Trustee committee and other meetings of the Board

The CFO must be a forward-looking leader with strong strategic and analytical skills, proven success in the areas of ensuring access and maintaining diversity, and an excellent and accomplished manager, mentor, and collaborator. The CFO maintains a broad institutional perspective that supports the College's mission, vision, and goals, while fostering and creating an environment that strives to project and meet student, employee, and business partner needs. The CFO facilitates a shared leadership culture through the development of functional teams, and is accountable for developing and implementing the means to accomplish the College's financial goals. The CFO may be responsible for other duties as assigned.

Qualifications:

  1. Ten years' experience in a senior role, with demonstrated experience in accounting and financial services preferably in higher education
  2. MBA, other master's degree in accounting, finance or economics, or an equivalent combination of education and experience
  3. A successfully-completed Certified Public Accountant (CPA) examination preferred
  4. Up to date knowledge of current financial and accounting computer applications
  5. Excellent verbal, analytical, organizational and written communication skills
  6. Demonstrated experience working independently or in teams with diverse constituents with the ability to anticipate and initiate next steps
  7. Successful track record of managing and supervising professional staff
  8. Demonstrated experience in strategic and operational planning, as well as budget development

Skills/Abilities:

  1. Proven ability to effectively articulate organizational objectives orally and in writing
  2. Excellent inter-personal skills with diverse groups of individuals
  3. Organized and detail-oriented
  4. Ability to manage multiple projects and work collaboratively
  5. Critical thinking skills with the ability to make independent decisions and take initiative
  6. Competency to monitor and control resources
  7. Outstanding analytical and math skills

Interested individuals should submit a letter of interest specifying why they aspire to be the next CFO, with salary requirements and a resume/CV. Please include a list of five references.

The College is committed to a firm policy of equal employment opportunity. All prospective employees are required to satisfy a background check and have fully completed their COVID-19 vaccinations (including a booster) or have an approved exemption. A negative PCR test will be required prior to employment. All employees that operate a motor vehicle on behalf of the College must be cleared annually using Department of Motor Vehicle records.

The College is an equal opportunity employer.

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