Associate Vice President of Finance & Administration

The Associate Vice President for Finance and Administration (AVP/F&A) is a key leader within the Finance and Administration division and a principal partner to the Vice President for Finance and Administration (VPFA) in planning, analyzing, and evaluating the College's business and financial operations. The AVP/F&A is responsible for ensuring that the College's budget, accounting, financial reporting, and student accounts systems and policies provide high-quality, timely data and analysis for strategic decision support.

The AVP/F&A works closely with the VPFA on strategic matters, including the setting of departmental and inter-departmental priorities, and represents Finance and Administration in cross-college working groups and committees.

pIn collaboration with the finance management team, s/he has oversight responsibility for budget development and monitoring, financial analysis and forecasting, and the development and oversight of required financial systems, policies, procedures, and internal controls.

The position ensures compliance with Generally Accepted Accounting Principles (GAAP) and with applicable local, state, and federal laws, regulations, and policies, including the requirements applicable to the College as a State of Maryland agency. The AVP/F&A is responsible for ensuring the integrity of the general ledger and related data that serve as the basis for all internal and external financial reporting, and for coordinating the College's annual financial audit, State legislative audit, and other audits, including the development and implementation of revised policies and procedures to address findings and ensure compliance with recommendations.

S/he assists the VPFA with institutional risk management, policy development, and compliance monitoring.

pThe AVP/F&A provides innovative solutions for emerging financial management needs, as well as timely strategic decision support for the Cabinet, the Board of Trustees, and other stakeholders. S/he has responsibility and authority for the leadership of financial management and operations, including oversight of budget, accounting, and student accounts, and assumes leadership of the Finance and Administration department in the absence of the Vice President for Finance and Administration.

pThis position serves as a key leader in strengthening and standardizing the College's financial systems, policies, and processes to meet the needs of a growing and increasingly complex State institution, and to support continued compliance, transparency, and operational efficiency across the Finance and Administration division.

Strategic Leadership and Governance Support ul liWork closely with the VPF&A to develop departmental strategies and workplans that will support the achievement of overall strategy and goals of the organization.
liRepresent Accounting and Finance perspective in various cross-organization working groups and other cross-departmental planning committees. liResponsible for preparation of required financial reports for Board and various committees. liProvide key staff support to Finance management (coordination, agenda development, etc.); make required presentations to Cabinet and other stakeholders. /ul Compliance ul liDevelop internal controls to safeguard the assets of the organization. liEnsure that accounting and reporting follows Generally Accepted Accounting Principles (GAAP) and that audits are “clean”.
liEnsure compliance with all applicable internal procedures and guidelines. liDevelop finance-related procedures that appropriately address risk and compliance. /ul Financial Operations ul liOversight for effectiveness and efficiency of financial operations including:

liAccounting and general ledger; liBudgeting and forecasting processes; liFinancial reporting and analysis. /ul liCoordinate work of Accounting and General Finance with Finance management team to ensure smooth functioning and efficient workflow.
liIdentify opportunities for process improvements to ensure continued high functioning of the Finance department. liIn collaboration with the VP F&A and Finance management team, develop and maintain a staffing structure and high functioning team to effectively meet the financial operation and management needs of the organization and provide high quality, timely financial information. /ul Financial Management ul liCollaborate with the Budget Director in formulating cash flow monitoring, forecasting, and planning.
liCollaborate with the Controller & Foundation Accountant on investment portfolio performance and recommend changes as needed. liCollaborate with the Budget Director to ensure that budget and forecast processes are effective. liCollaborate with the VP F&A and budget director to analyze budget variance data. liEnsure timely, accurate, and relevant financial reporting. liProvide ad-hoc and standard analysis, trend reporting, and sensitivity analysis to inform financial management decisions.
liManage F&A unit budget in close…