Chief Financial Officer

West Virginia Network For Educational Telecomputing • Morgantown, WV

417d • $95,000 - $115,000

About The Position

The Chief Financial Officer (CFO) at the West Virginia Network for Educational Telecomputing (WVNET) is a strategic leadership role responsible for transforming financial strategy, accelerating growth, and maximizing return on investment through data-driven decision-making. The CFO will oversee fiscal budget management, financial planning, reporting, and internal controls, ensuring the organization's financial stability and growth.

Requirements

• Bachelor's degree in Accounting, Finance, or Business Administration.
• Five (5) years of experience in Accounting, Business Administration, Higher Education Administration, or Management with a focus on organizational leadership and budget oversight.

Nice To Haves

• Certified Public Accountant (CPA)
• Ellucian Banner experience
• wvOASIS experience

Responsibilities

• Oversee accounts payable, accounts receivable, contracts, cash management, and purchasing.
• Prepare, revise, review, and monitor the WVNET operating budget.
• Prepare and submit the fiscal budget and State Appropriation Request and Expenditure Schedule to the West Virginia Department of Revenue and the West Virginia State Budget Office.
• Oversee the preparation and submission of the annual WVNET audited financial statements and related reports.
• Manage the operation of two financial systems: wvOASIS and Banner.
• Advise the Executive Director on critical budget and spending issues and prepare ad hoc reports as needed.
• Review financial progress and make necessary close outs and modifications, including adjustments in expenditure and revenue areas.
• Create, develop and maintain a chart of accounts to support current operations and future service expansions.
• Review and respond to auditors' annual financial statement audit in coordination with the WV Higher Education Policy Commission (WVHEPC).
• Supervise the submission of reports required by the Board of Risk and Insurance Management and other agencies.
• Direct grant financial management and reporting process according to state and federal requirements.
• Develop budget forecasts for various scenarios to assist in decision-making.
• Participate in high-level decision-making to emphasize budgetary impacts.
• Assist the Executive Director with questions posed by the WVHEPC financial working sessions.
• Develop the annual budget proposal for submission to the Higher Education Policy Commission, for the Executive Director's approval.
• Supervise payroll, purchasing, accounts payable, and accounts receivable functions.
• Participate in contract negotiations for major purchases as needed.
• Serve as the principal contact on financial issues with various state offices and agencies.
• Participate in creating, modifying, and reviewing policies, procedures, projects, proposals, and documents related to fiscal management and expenditures.
• Lead short- and long-range financial planning activities.
• Oversee and manage personnel within the Business Office department.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• Hearing insurance
• Health Savings Accounts / Flexible Spending Accounts
• Retirement investing
• Life insurance plans
• Short-term/long-term disability insurance
• Generous amounts of vacation
• Sick leave
• State & federal holidays
• Professional development opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: Bachelor's degree