CFO & VP Administration

FRIENDS UNIVERSITY•Wichita, KS

13d•Hybrid

About The Position

Responsible for the leadership and management of the university's financial operations, is a member of the President’s Cabinet. The CFO/VP of Administration provides executive-level direction for financial planning, budgeting/budget analysis, accounting operations, finance controls and reporting, oversight of investment and endowment assets, and management of university audits. The CFO/VP of Administration assumes an active and collaborative role in strategic planning, policy development, forecasting, and resource analysis for the university. Provides oversight to the areas of Finance, Student Account Services, IT, and Physical Plant, including campus grounds, construction, residence halls, and university owned property. Persons serving in executive leadership are active in the Christian faith, support the university's mission, vision, and values, and are good stewards of resources.

Requirements

A minimum of 8 to 10 years of experience in finance and/or accounting management with supervision.
Bachelor's degree in accounting and/or finance, business, higher education administration or related area.
Demonstrated ability to work cooperatively and collaboratively with college faculty, staff, administrators, governing boards and students.
Excellent written, oral and interpersonal communication skills.
Effectively communicate complex information to all audiences.
Working knowledge of property and liability insurance, broker management, and claims.
Able to read construction documents, evaluate bids, and hold contractors accountable to contract terms.
Strong computer acumen with experience using Microsoft Office applications, Ellucian Banner, and/or other ERP systems that support higher education.
Regular walking across campus and through buildings under construction or repair, including stairs, basements, roofs, and mechanical rooms with periods of prolonged desk work.
Occasional lifting, up to 20 pounds.

Nice To Haves

Higher education and nonprofit experience, a plus.
Masters and/or CPA preferred.

Responsibilities

Oversees the day-to-day operation of the finance department.
Ensure the development, maintenance and dissemination of forecasting, budgeting, and reporting systems that support the strategic objectives.
Facilitate the budget development process, work collaboratively to develop annual budget recommendations.
Oversees and advises on investment activities.
Supervises endowment and restricted fund activities, including appropriate use and monitoring.
Oversees University debt and makes recommendations.
Manage vendor contracts for the institution's global services, such as property and risk policy, utilities, housekeeping services, campus construction, food services, etc.
Maintains the integrity of University accounting functions through policy, procedure, and a relevant audit function.
Provide tools for financial benchmarking; interpret, convey, and present key financial data and trends.
Formulate, construct, and distribute comprehensive profit/cost models for purposes of analysis and evaluation.
Primary liaison for legal and accounting/audit/tax services.
Ensures compliance with all recognized accounting and financial standards.
Ensures the short and long-term financial health of the university.
Provides executive oversight of the university's facilities, grounds, and property functions.
Sets standards, priorities, and budget.
Develop direct reports and builds their capacity to manage resources, plan work, and lead their teams.
Owns the deferred maintenance plan, including the building condition assessment, the funding schedule, and the annual project list.
Serves as the university's principal contact with architects, engineers, and contractors on capital projects from scope through closeout.
Reviews bids, negotiates contracts, and monitors budget, schedule, and quality of work.
Manages property and liability insurance in partnership with the broker, including annual renewal, property valuations, and claims.
Accountable to the Board of Trustees for financial reporting.
Presents financial results to the Audit & Finance Committee, the Investment Committee, and the full Board.
Oversees investment and endowment assets, including policy, manager selection, and due diligence.
Provides analysis to support Board and university decisions.
Supervises Finance, Student Account Services, Information Technology and Physical Plant.
Hires, trains, directs, and evaluates employee performance within each department.
Assists in the formulation and execution of the university policies, objectives, and programs.
Meet and consult regularly with University department heads, administrators, and faculty members regarding matters of finance and budget administration.