Details
Posted: 29-Apr-22
Location: Lakewood, New Jersey
Type: Full Time
Categories:
Administration
Reporting to the President, the Vice President/CFO works closely with various internal and external constituencies, including the Board of Trustees, Provost, Marketing and Advancement, Enrollment Management, Student Affairs. The Vice President/CFO provides leadership for the institution's ongoing efforts to develop operating strategies that enhance efficiency and manage the institutions financial operations. The Vice President / CFO works closely with the VP for Administration with regards to capital projects management and funding along with other operational activities.
The Office of Vice President for Finance has responsibility for Finance, Treasury, Budget, Procurement, Student Financial Services, Financial Aid and Risk Management.
To be effective, the Vice President/CFO must be a confident, high-energy leader, a superb communicator, and an innovative thinker. In addition, the administrator will understand and respect an environment that encourages teamwork, student success, inclusive decision-making, and a sense of community across the university.
The Vice President/CFO's primary responsibilities include accounting and reporting, strategic planning, analysis of resource use; budgeting; treasury and risk management; procurement; student accounts and financial aid.
Essential Functions:
- Cost Control and Restructuring
- Develop a Strategic Partnership with the President, Provost and Vice President for Administration: The President, Provost and Vice President for Administration welcome the financial expertise of the VP for Finance/CFO to support and assist their efforts to analyze, evaluate, and prioritize the viability of the various long- and short-range initiatives.
- Enhance Stewardship of Resources: The Vice President/CFO will need to work collaboratively with the President, Provost and Vice President for Administration throughout the budget development process, offering advice and analysis as various budget scenarios are considered. The Vice President/CFO will be expected to play a key role in monitoring the university's budget execution and supporting the Provost, other Administrators and Deans in setting budget priorities, allocating resources, and working to develop alternatives that support the university's missions. Through introduction of policies, training, communications and guidance, the Vice President/CFO will also help to instill a culture of fiscal discipline and financial accountability throughout the university.
- Advocate Proactively with Internal and External Constituents: The Vice President must cultivate strong and collegial relationships with co-workers across the university. Similarly, the Vice President is also responsible for engaging external constituents whose organizations are crucial to the success of the university. Working with the Board of Trustees, financial leaders in other academic institutions, state, local, and non-profit agencies, the Vice President will be expected pursue strategic alliances and collaborative partnerships that allow GCU to thrive.
- Enhance Business Operations, Service Quality, Revenues and Efficiency: The Vice President will be expected to provide hands on, accountable leadership for of a talented team of direct reports. A key and on-going expectation for the Vice President is to foster a culture in the Finance organization that supports operational excellence, delivers quality customer service, and promotes optimal efficiency. He or she will analyze current administrative practices in an effort to develop and implement more effective procedures to enhance delivery of service as defined by measurable standards.
- Integrate the core values of respect, compassion, integrity, justice, and service in all aspects of interaction.
- Perform other duties as assigned by the President.
Qualifications:
- An undergraduate degree in a business-related field is required.
- An advanced degree in business, public administration, health administration, or other relevant field is preferred, as is a professional certification, such as CPA or CMA.
- In lieu of an advanced degree, candidates with longstanding experience in comparable positions at institutions of similar size and scope will be considered.
- The ability to function in a complex, high demand environment, managing multiple priorities simultaneously.
- Experience as a proven senior executive in a higher education, foundation, not for profit, or business organization of similar size and complexity.
- A track record of innovation in developing progressive business policies and practices.
- Ability to provide critical, conceptual, and strategic thinking to important financial, academic, and administrative issues.
- Successful experience managing a staff that includes accounting and financial operations
- Expertise in budget development and implementation, and with a wide variety of financial management skills including ratio analysis, debt management, bond issuance endowment and investments, financial modeling and grants management.
- Record of significant leadership and accomplishment in planning, managing, and implementing business and financial systems, and knowledge of trends in enterprise resource planning and management.
- The capacity to establish clear goals, procedures, systems, and priorities across different areas.
- Exceptional communication skills in the service of conveying the goals and objectives of finance and administration programs.
- Ability to lead effectively using collaboration, persuasion, negotiation and partnering wherever possible but also to exert strong influence on matters of good business practice and principle when necessary.
- Ability to present complex financial information into lay terms and to effectively articulate the university's financial vision, strengths, goals, and requirements to a wide range of audiences, both internal and external.
- Understanding of the political, social, and economic factors shaping the future of private higher education, and the political skill to develop strong partnerships with affiliated entities.
- Experience dealing with local, state, and federal legislative and regulatory agencies in ways that build trust and promote mutual benefit.
- Genuine commitment to the mission and values of Georgian Court University including the Mercy core values of respect, integrity, justice, compassion, and service.
- The highest standards for personal and professional excellence and unquestionable integrity.