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Associate Vice President for Finance
2 months ago
Join Virginia Jobs in our mission to provide exceptional educational and economic opportunities to the community.
About the RoleThe Associate Vice President for Finance will provide strategic leadership and operational management of college-wide support services in the functional areas of financial reporting, budget and payroll, accounts receivable, revenue collection, cash management, accounts payable, student financials/financial aid, and financial information systems, local funds and investments, workforce, and capital projects for the college.
Key Responsibilities- Oversee supervision of all staff and processes in the Office of Finance, including hiring, training, evaluating, coaching, and employee relations.
- Formulate short- and long-term goals and objectives to create and maintain an effective and efficient operation within State guidelines.
- Determine staffing and training needs, hires and assigns staff, and oversees or conducts training.
- Conduct staff meetings.
- Administer, interpret, and develop policies, procedures, laws, regulations, and guidelines.
- Analyze and resolve complex problems.
- Plan, organize, and direct the financial management of the college's state and local funds.
- Oversee student payment plans, third-party contracts, and the distribution of student financial aid.
- Advise campus deans and business managers on fiscal policy and assist them in program management, tuition collection, accounts receivable billing, budget administration, and other financial matters.
- Monitor and review programs for compliance with college, state, and federal financial policies and procedures and for efficiency.
- Oversee the implementation of the state and local budgets and maintain the tracking and reporting of those budgets as needed by the college community.
- Provide timely analysis and interpretation of the financial condition of the college for presentation to President's Cabinet and other senior management.
- Direct the preparation of internal and external financial reports and statements for the college involving a variety of complex fund types and appropriations.
- Coordinate the year-end close process during the fourth quarter of the fiscal year.
- Coordinate the preparation of year-end financial statements by established deadline.
- Certify to the State Comptroller, on a monthly basis, the reconciliation of AIS to CARDINAL by established deadline.
- Certify the quarterly accounts receivable report to VCCS by established deadline.
- Certify the payroll to Department of Accounts.
- Coordinate and participate in developing responses to financial surveys received from VCCS, SCHEV, NACUBO, SACUBO, SACS, etc.
- Provide direction and leadership for the four campus Business Offices.
- Provide direction and leadership in the management, design, and development of automated financial management systems which support the financial operations of the college.
- Provide direction and leadership in the oversight of financial compliance and internal controls, and coordinates internal and external audit responses.
- Prepare Cash Flow reports and prepares Investment reports to reflect the status of current investments, investment income, and to aid the Board in making investment decisions.
- Serve as the Vice President for Finance's designee for the Financial Services unit with full authority in his/her absence.
- Proven ability to lead a complex, large organization's business and financial functions.
- Proven ability to use good judgment and finesse to make effective decisions for the college.
- Considerable knowledge of fund accounting principles and generally accepted accounting principles.
- Knowledge of financial statement preparation in government and non-profit environments required. Skill in applying this knowledge to the development of new programs and procedures.
- Ability to manage complex budgets and manage payroll systems for a large complex organization.
- Demonstrated ability to train and direct the work of others.
- Strong supervisory skills and the ability to achieve a productive and harmonious work unit.
- Demonstrated proficiency in word processing, spreadsheet, and database software.
- Knowledge of and ability to use software to quantify and illustrate complex financial reports, comparisons, impacts, and/or projections.
- Knowledge of administering and supporting computerized information systems used for financial and accounting applications.
- Ability to evaluate and recommend internal controls for financial operations.
- Ability to develop and deliver effective training for information systems and associated business processes.
- Strong analytical skills.
- Ability to communicate effectively both orally and in writing.
- Demonstrated ability to plan and execute job duties with little supervision.
- Ability to handle multiple priorities and meet reporting deadlines.
- Experience directing a staff of professional accountants, developing financial statements, and analyzing financial data.
- Master's degree from a regionally accredited college or university with major studies in accounting or related field.
- Experience in state higher education in the Office of Fiscal Services.
- Knowledge of state and federal regulations.
- Knowledge of ARMICS control standards and requirements.
Virginia Jobs is an equal opportunity employer and welcomes applications from diverse candidates. We are committed to creating an inclusive and respectful work environment that values diversity, equity, and inclusion.
Please submit your application, including your resume and cover letter, to [insert contact information].