Senior Financial Manager

7 days ago


Louisburg, Kansas, United States InsideHigherEd Full time

Job Title: Chief Financial Officer

Reports to: College President

Division: Financial Services

Exempt/Non-Exempt Status: EXEMPT

Employment Status: Full-time

Summary:

Louisburg College, a private institution, seeks a seasoned financial leader to join its President's Cabinet. As a key member, the Chief Financial Officer will drive strategic financial decision-making, overseeing all financial-related activities. The ideal candidate will have experience in higher education finance and a strong background in accounting.

Key Responsibilities:

  • Financial Leadership: Provide strategic guidance, fostering a collaborative environment, and supporting the College's financial goals.
  • Budget Management: Prepare, report, and monitor the annual budget, ensuring alignment with College objectives.
  • Financial Reporting: Develop and present quarterly financial reports for internal and external review, ensuring transparency and accuracy.
  • Compliance and Risk Management: Maintain organized records, prepare tax returns, and ensure compliance with regulatory requirements.
  • Internal Audits: Conduct regular audits to ensure efficiency, effectiveness, and compliance, and coordinate external audits.
  • Financial Operations: Oversee loan financing, repayment, and investment management, ensuring optimal financial performance.
  • Insurance and Risk Management: Review and negotiate insurance policies, develop risk aversion strategies, and maintain a disaster recovery plan.
  • Contract Management: Review, negotiate, and maintain contracts with vendors, ensuring compliance with College policies.
  • Financial Compliance: Ensure adherence to GAAP and federal and state grants, executing, analyzing, verifying, and reporting financial transactions.
  • Student Financial Services: Oversee payment plans, collections, and student billing, ensuring timely and accurate financial transactions.

Requirements:

A Master of Accounting or MBA degree from an accredited institution, and a Certified Public Accountant license are required. Seven years of progressively responsible experience in accounting, including three years of supervisory experience, and five years of experience in higher education accounting, including financial aid operations, are necessary. Experience with CAMS, QuickBooks, and ADP or major ERP systems is also required.



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