Chief Financial Officer

The Chief Financial Officer is responsible for the overall supervision and management of the fiscal resources of the college district, including financial and budget forecasting planning. The position is also responsible for the areas of accounting, treasury functions, grants finance and compliance, Foundation financials, payroll, and support of Administrative Services software systems. The successful candidate must demonstrate the ability to be entrepreneurial and help lead the development and implementation of innovative, Districtwide strategies, oversee multiple groups managing financial or other assets, and implement policies or procedures that increase operational efficiencies and improve fiduciary effectiveness - while balancing a culture of strong financial stewardship and flexible, client customer service to the constituencies served.

The Chief Financial Officer reports to the Chancellor and oversees a high- performing team to fulfill the significant scope of responsibilities of the position.

MCCKC has a stable budget and is in good financial condition, with a healthy reserve balance. However, there is uncertainty with the state budget and potentially a change in the performance-based funding model. The next CFO must be data-savvy, understand institutional priorities, and be proactive about anticipating the needs across the district. The CFO must continue to develop innovative strategies to decrease dependence on state funding, including development of alternative revenue streams.

The next CFO will be expected to continue to work with Jackson County on the recalculation of the recent tax assessment and how these changes impact MCCKC’s funding model. As an economic driver in the community and the region, MCCKC must remain aligned appropriately with city and regional initiatives. One such initiative is the KC Guarantee, where students in several Jackson County schools have a guaranteed path to a degree or employable credential at no cost.

The next CFO will build the long-term funding model, scenario planning, controls, and performance reporting needed to responsibly scale this initiative to more districts and partners. MCCKC recently implemented a new ERP (Banner SaaS) and processes and procedures are being aligned with the new system. The new CFO will need to be flexible and supportive as the college adjusts to the new system.

MCCKC has a multicampus, matrix-style organization, and the next CFO must be adept at communications and collaboration, adept at explaining financial terms in language that all will understand, be sensitive to the needs for transparency and confidentiality, and understand and adapt to this organizational structure and culture in a shared governance environment. The CFO will work closely with the Vice President for Institutional Advancement and team, the MCC Foundation and its Board members, to effectively steward scholarship funds and other charitable gifts.

The next CFO will need to develop a future financial sustainability model beyond the 2030 Strategic plan. The CFO must have an analytical mindset set for innovative funding strategies for the future, understanding MCC’s institutional priorities, and balancing the needs of the present and future sustainability. MCCKC has a robust student-first perspective and commitment, and the next CFO must understand the impact of the allocation of funds to ensure student success and academic programming.

They should demonstrate an ability to be firm when needed and a “get to yes” approach to balancing fiscal responsibility and innovation.

• Proactively advises and educates the executive leadership team and Board of Trustees on all aspects of budget,…