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Vice President of Financial Operations

2 months ago

Cleveland, Tennessee, United States Cleveland State Community College Full time

Vice President of Financial Operations

Title: Position level will be determined based on qualifications

Number of Openings: 1

Employee Classification: Exempt, Executive

Institution: Cleveland State Community College

Department: Finance

Salary Range: $91,115 - $118,450

Reports to: President

Relocation Assistance: Available for eligible candidates per institutional guidelines.

Institution Overview: Cleveland State Community College is a two-year educational institution located in Cleveland, Tennessee, dedicated to providing accessible and high-quality education. As a Tennessee Board of Regents institution, it is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC). Our mission is to foster strong minds, careers, and communities through outstanding teaching, workforce development, and service.

Position Summary

The Vice President of Financial Operations is accountable for overseeing budgetary and fiscal management as well as all business and finance operations.

Key Responsibilities

  • Act as the principal advisor to the college president and senior leadership on all financial matters.
  • Collaborate with senior leadership to ensure that the college's financial resources are utilized strategically and effectively to enhance student success and community contributions.
  • Supervise administrative personnel within the accounting and business services departments.
  • Oversee all financial functions, including cashiering, accounts receivable, collections, inventory management, accounts payable, procurement, budgeting, and grant accounting.
  • Manage the month-end closing process and the preparation of monthly financial statements.
  • Coordinate the annual budget preparation and maintain documentation of processes and decisions.
  • Ensure compliance with financial regulations and oversee internal controls.
  • Prepare financial forecasts and conduct trend analysis.
  • Review and update college policies related to finance and business operations.
  • Prepare various financial reports and analyses as required.
  • Facilitate training for departmental staff.
  • Coordinate the annual audit process and prepare necessary documentation.
  • Participate in various committees representing the Finance division.
  • Implement initiatives to improve employee skills and morale within the Finance division.
  • Perform additional duties as assigned.

Qualifications

  • A Bachelor's degree in Accounting, Finance, Business Management, or a related field from an accredited institution is required.
  • A minimum of 8 years of accounting experience, including budget forecasting, is required, with at least 2 years in governmental or higher education accounting standards and 3 years in a supervisory role.

Work Environment

The primary workplace is the main campus of Cleveland State Community College, with occasional travel to off-campus sites as necessary.

Benefits Overview

Cleveland State offers a comprehensive benefits package, including health, dental, vision, life insurance, disability coverage, educational assistance, retirement options, and paid holidays.

Cleveland State Community College is committed to diversity and does not discriminate against any individual based on race, color, religion, national origin, sex, sexual orientation, gender identity, disability, age, or veteran status.