JOB TITLE: Vice President of Finance and Operations
PRIORITY DEADLINE: Submit application by January 6, 2023. Priority applicant review begins on January 9, 2023. The position will remain open until filled.
CLASSIFICATION: Full-time, Exempt
COMPENSATION: Minimum Starting Salary $120,000
DIVISION: Finance and Operations
DEPARTMENT: Human Resources; Information Technology, Safety, and Facilities; and Business Operations
REPORTS TO: President with Financial Reporting Accountability to the Board of Trustees
SUPERVISES: Administrative Assistant; Director of Human Resources; Director of Information Technology, Safety, and Facilities; and Director of Business Operations
Reporting to the President, the Vice President for Finance and Operations (VPFO) is responsible for developing and maintaining financial systems that ensure the short- and long-term fiscal health of the College. This includes development and maintenance of sound, sustainable, and scalable operations in the areas of finance, human resources, technology, and facility operations to ensure ethical stewardship of state appropriations and other funding. The VPFO is responsible for ensuring there are sufficient and diversified revenues to support the College’s programmatic efforts.
The VPFO collaborates with the President’s Executive Team to provide visionary leadership, positively promote the College’s public image, encourage creativity, and support the College’s culture of collaboration and transparency. This Vice President is responsible for assisting the President’s Office with developing, communicating, executing, and evaluating budgetary initiatives in a manner that supports shared governance within the College’s community. The VPFO is responsible for leading the Departments of Human Resources, Technology and Facilities, and Business. The VPFO serves as the College’s liaison to the Board of Trustees in all matters pertaining to the budget.
Effective communication, organizational, and problem-solving skills are critical to the success of this position.
Conducts periodic and systematic financial reporting to the President and Board of Trustees, including oversight and presentation of monthly financial statements
Develops short-, mid-, and long-term budget plans in collaboration with divisional leadership
Prepares and maintains long-term forecasts for all financial resources
Reports the financial condition of the College to external constituents and internal in alignment with established timelines
Establishes, coordinates, maintains, and systematically assesses divisional policies, procedures, and processes
Management of physical assets, including oversight of annual inventory, maintenance, depreciation, stop-loss procedures, and scheduling replacements or upgrades
Oversees and executes shared governance pertaining to the preparation of the annual capital and operational budgets, five-year budget projections in alignment with strategic plan, and rolling five-year budget projections wherein organizational needs are identified, consensus on priorities is obtained from divisional and departmental leadership, and that consensus is translated into corresponding financial plans.
Monitors cash flow, establishes and maintains primary reserve, minimizes debt and financial loss
Complies with all internal and external reporting deadlines, including, but not limited to IPEDS, state, and federal financial and human resource reporting system deadlines
Oversees investment activities for institutional funds
Ensures the timely collection of all accounts receivable and timely disbursement of accounts payable
Oversees purchasing activities of the college, including contract management
Ensures that the college complies with financial regulatory, legal, administrative, contractual, procedural, and accounting standards for two-year public institutions of higher education
Supervises and evaluates the divisional directors in assigned areas, including, but not limited to, Information Technology, Safety, and Facilities; Human Resources; and Business Operations
Promotes positive College culture within the division through transparent ethical practices and effective communication
Pursues continual improvement through oversight of work activity to increase divisional efficiency, effectiveness, and productivity of assigned areas
ADDITIONAL ELIGIBILITY REQUIREMENTS:
Ability to access reliable transportation for travel throughout service region
PA Child Abuse History Clearance
Pennsylvania Access To Criminal History Record Check
Federal Criminal History Background Check
The physical and mental demands described are representative of those that must be met to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Ability to read, speak, and write in English
Ability to remember and understand instructions and guidelines
Work Hours: 8:30 am to 5:00 pm, Monday through Thursday; 8:30 am to 4:30 pm, Friday.
This position requires flexibility and varied hours, which may include evenings and weekends.
Full-time salaried employees are expected to work 40 hours weekly.
Infrequent travel required
Perform other duties as assigned
Northern Pennsylvania Regional College (NPRC) is an Equal Opportunity Employer. NPRC does not discriminate on the basis of race, color, religion, national origin, ancestry or place of birth, sex, gender identity or expression, perceived gender identity, sexual orientation, disability, use of a service animal due to disability, marital status, familial status, genetic information, veteran status, age, or other classification protected by applicable law. All employment is decided on the basis of qualifications, merit, and business need.
Bachelor’s degree in accounting, business, or related field required
Competency in strategic and budget planning, financial analysis, policy development
Experience as a leader in a complex and fast-paced environment
Experience in financial modeling and forecasting
Capacity to make difficult decisions and execute them effectively in a timely manner
Experience in negotiating contracts, vendor agreements, and major financial arrangements
Effective communication skills with a focus on transparency
Ability to translate technical and financial information with clarity and care to multiple constituencies
Demonstrated ability to work cooperatively and collaboratively with colleagues, subordinates, superiors, and governing boards
Ability to solve problems diplomatically with challenging issues and people
Exceptional organizational and multitasking skills to include simultaneously management of multiple complex tasks, priorities, deadlines, and supervisory responsibilities
Graduate degree in accounting, business, or related field
Leadership experience in higher education finance, preferably within a public two-year college setting
Extensive background in business, accounting, financial management, and contract review
Candidate without higher education backgrounds who demonstrating considerable private or non-profit experience managing financial affairs at the C-suite level may be considered
We serve communities in northern Pennsylvania by engaging recent graduates, high school or college non-completers, returning adults, and first-generation students.
We bring classrooms to communities by providing a flexible, career-focused curriculum and quality instruction using interactive media. We offer associate degrees, certificate programs, short-term classes, workshops and seminars, and customized training.
We are low-cost, high quality, easily accessible, student-centered, and highly responsive to existing or emerging community needs.
We enhance regional economic growth and civic development by meeting employers' needs for skilled workers. By doing so, we create greater opportunities and the career and educational pathways that will help retain and attract residents to our region.
Our future is bright because we fill a unique niche in the way in which we deliver post-secondary education and workforce development to our region. Our dedicated, highly qualified, and passionate trustees and staff are true partners in ensuring our students' success in school and in life