Associate Vice President for Business & Financial Affairs

Spelman College Portal • Atlanta, GA

14d

About The Position

The Associate Vice President for Business & Financial Affairs is a strategic thought partner to the Senior Vice President of Business and Financial Affairs, CFO and Treasurer, and must be able to act on behalf of the CFO in their absence. The role serves as a key source of strategic finance and financial reporting expertise and helps develop and implement strategies to transform the College’s business model, improve business-process efficiency, and create alternative revenue streams.

The position assists the CFO with financial administration across the Division of Business and Financial Affairs, including Administrative Support Services, Investment Operations, Budgets and Contracts, the Office of the Controller, Facilities and Management Services, Auxiliary Services, and insurance administration. The incumbent directly oversees the Office of the Controller, Budgets and Contracts, and insurance as part of the College’s risk portfolio. The ideal candidate is technically proficient, strategic, visionary, and creative.

Requirements

• Master’s degree in Business Administration or a related field.
• At least 10 years of related financial managerial experience.
• CPA certificate.
• Strong interpersonal skills and ability to work with a diverse group of people and organizations.
• Excellent knowledge of financial accounting and reporting for private colleges.
• Analytical and problem-solving skills and the ability to think strategically.
• Strong management abilities.
• Excellent oral communication skills for presenting information and responding to questions from internal and external customers, individually or in groups.
• Ability to write business correspondence and compose memos, letters, and emails.
• Ability to read, analyze, and interpret documents such as annual reports, business and accounting periodicals, and safety rules.
• Intermediate computer skills using Microsoft Office Suite, including Word, Excel, and PowerPoint.
• Ability to create spreadsheets with formulas and pivot tables, PowerPoint presentations, and computer-generated graphics.
• Internet navigation and use of Lotus Notes or Outlook.
• Experience utilizing financial software platforms.

Nice To Haves

• Experience in higher education.
• Experience with Workday and/or ERP transitions and technology-driven process enhancements, including artificial intelligence for finance such as Claude and OpenAI, Fundriver, Treasury Solutions, and Anaplan or another enterprise-wide budgeting platform.

Responsibilities

• Assist the SVP in developing financial strategy to support the College’s long-term financial health, grow financial resources, and maintain financial stability.
• Oversee the Office of the Controller and management of the College’s operating cash flows and strategic investment of excess operating cash, ensuring returns are maximized and obligations can be paid.
• Oversee the Office of Budgets and Contracts and development and management of the College-wide operating budget to ensure responsible stewardship and strategic allocation of institutional resources.
• Oversee preparation of quarterly and annual consolidated financial statements and develop strategic forecasts and scenarios using external and internal economic and financial data.
• Collaborate with the Executive Director of Business Operations to support operational process efficiencies.
• Coordinate with the Controller as liaison to the College’s external audit firms for the annual audit of general-purpose and single-audit financial statements.
• Manage the College’s insurance programs, including risk, cyber, building content, pollution, and workers’ compensation, excluding health insurance, and consider relevant risk factors.
• Work with the SVP to develop real estate strategy, alternative revenue growth strategies, and long-term physical infrastructure plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior