Chief Financial Officer

7 days ago


Meadville, Pennsylvania, United States InsideHigherEd Full time
Job Title: Chief Financial Officer

Allegheny College is seeking a highly skilled and experienced Chief Financial Officer to join its leadership team.

About the Role

The Chief Financial Officer will serve as the strategic financial leader for the liberal arts college, providing leadership and oversight to ensure the long-term financial health and sustainability of the institution.

Key Responsibilities
  1. Develop and maintain long-term financial forecasts for all college funds and funding streams.
  2. Support and motivate administrators and department heads in conducting financial analysis of current and proposed activities.
  3. Establish, coordinate, maintain, and systematically review the process for financial evaluation of the college's instructional and non-instructional programs and activities.
  4. Oversee the preparation of the annual budget by identifying organizational needs, gaining consensus on priorities, and translating this into a feasible and fiscally responsible financial plan.
  5. Collaborate with Institutional Advancement to strategically understand, track, and manage the use of the College Endowment Fund for stewardship purposes.
  6. Develop procedures that integrate business and strategic planning into the annual budget process.
  7. Monitor external events and developments to ensure that budget preparation incorporates the most current information.
  8. Strategically monitor cash flow and oversee investment activities to ensure an appropriate supply of cash at the highest possible yield while complying with statutory limitations on types of investments.
  9. Ensure that the college complies with financial regulatory, legal, administrative, contractual, procedural, and accounting standards; manage annual audit processes.
  10. Provide overarching and executive coaching and mentoring through an inclusive leadership strategy to the facilities, technology, and sustainability departments.
Requirements
  1. Minimum of twelve years of progressive and successful roles in finance, operations, and strategy.
  2. Minimum of five years of management or leadership experience, preferably in higher education, non-profit, or diverse and progressive cross-functional corporate verticals.
  3. Bachelor's degree in accounting, finance, business, or other related field required; master's or other advanced degree preferred.
  4. CPA or CMA preferred, but not required.
  5. Substantial experience in strategic planning, budget management, financial reviews, policy review, financial analysis, and capital project planning and oversight.
  6. Expert ability to interpret and appropriately apply general accounting principles and regulations.
  7. Expert ability to develop and administer fiscal plans, financial systems, policies and procedures.
  8. Expert ability to communicate financial information to all levels of staff and the public effectively, both verbally and in writing.
Compensation

The compensation range for this role is between $185,000-$210,000 annually, based on experience and alignment to the needs of Allegheny College.

Allegheny College is deeply committed to creating an inclusive community that actively challenges racism, sexism, heterosexism, religious bigotry, and other forms of bias.

Allegheny College is an Equal Opportunity Employer with a strong commitment to diversity, inclusion, and equity.



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