Chief Financial Officer

POSITION TITLE
:
Chief Financial Officer ("CFO")

DIVISION
:
Administration

DEPARTMENT
:
Administration

REPORTS TO
:
Nerman Family President

PAY TYPE
:
Exempt

WORKER TYPE
:
Full-Time

UPDATED
:
February 2026

PAY
: $165,000

The CFO is responsible for the strategic administrative, business, and fiscal management of the college. This position serves as a key member of the President’s senior leadership team and Cabinet, providing high-level oversight of the institution’s financial health and human capital.

• Direct the establishment of a collaborative and transparent budget process.
• Provide strategic budget updates and financial presentations to appropriate stakeholders.
• Maintain high‑level oversight of the accounting and financial reporting systems to ensure compliance with Generally Accepted Accounting Principles (GAAP).
• Lead the institutional relationship with independent auditors for annual audits and the completion of Form 990.
• Oversee the management of institutional lending, banking relationships, and 2018 bond offering covenants and payments.

• Serve as the primary administrative liaison to the Board of Trustees committees for Finance & Audit, Investments, and Retirement and Benefits.
• Oversee the relationship with outsourced CIO firms to ensure the proper management and growth of endowment funds.
• Review investment activities and strategies with the President and the Board’s Investments Committee.

• Provide financial oversight of employee benefits and compensation, with the support of the VP of People & Culture.
• Support the administration of the institutional insurance program and comprehensive risk management strategies.
• Collaborate with the VP of Enrollment Management to guide enrollment targets and financial aid models relevant to the annual budget.
• Advise the EVP of Advancement & Strategic Communications on the management and reporting of endowed and designated funds.
• Coordinate with General Counsel on all legal matters and compliance requirements related to college administration.

• Other duties as assigned.

• Vice President of Administration
• Associate Vice President of Finance and Accounting (Business Office)
• Administrative Coordinator

• In-depth knowledge of financial management principles, practices, and procedures specific to educational institution auditing and reporting.
• Thorough understanding of federal and state regulations related to higher education finance, accreditation reporting, and Form 990 completion.
• Advanced knowledge of endowment fund management, investment strategies, and the oversight of outsourced investment activities.
• Expertise in collaborative and transparent budget processes, including the ability to oversee complex enrollment targets and financial aid projections.
• Broad understanding of wage and salary administration and the strategic oversight of employee benefit programs.
• Proficiency in risk management principles and the administration of institutional insurance programs.
• Exceptional skill in presenting complex financial information to relevant stakeholders.
• Advanced proficiency in SIS, ERP, and Financial Management Tools, as well as expert-level Excel skills for budget spreadsheets and charts.
• Demonstrated honesty, integrity, and high ethical standards in all professional dealings.

• Bachelor’s degree required in Business/Finance or other related field
• CPA Designation
• Strong accounting and fiscal management skills, including budget modeling and forecasting
• Ability to effectively manage others
• Strong communication and problem‑solving skills
• Adept at the following:
  • Microsoft Office Suite
  • Gmail/Google Suite
  • Advanced Excel skills including charts and budget spreadsheets
  • SIS, ERP, and Financial Management Tools
  • Ability to work in a collaborative and transparent team environment, with strong collegial characteristics

• 10 years of accounting/management experience.
• Experience in Higher Education
• Experience working in a Not-for-Profit