Vice President and Chief Financial Officer

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Located 45 minutes from the Nation’s Capital, nestled in a history-rich community of southern Maryland, The College of Southern Maryland (CSM) has been twice named in the top 150 community colleges by the Aspen Institute with academic programs in over 100 disciplines. CSM is among America’s top 100 producers of Minority associate degrees in twenty categories, according toDiverse Issues in Higher Education.

CSM offers excellent health insurance benefits;
State Retirement Pension plan; wellness programs;
Code Green early closure Fridays in the summer; college closure for spring break and several major holidays, including the week between Christmas and New Year; and for several days in March for Spring Break. We are an innovative institution committed to student success and well known for our flexibility to meet student and community needs.

The Vice President and Chief Financial Officer (VP/CFO) serves as the principal financial strategist for the College of Southern Maryland, overseeing all financial operations to ensure fiscal integrity, sustainability, and alignment with the college’s mission. As a key member of the president’s cabinet and executive leadership team, the VP/CFO collaborates with various stakeholders to support the institution’s educational goals and strategic initiatives.

The VP/CFO oversees the day-to-day operations related to fiscal planning and management, grants, procurement, and capital budgets. The Vice President leads and coordinates the annual tri-county budget process, and supports the President on fiscal policy, planning, and strategy. The VP/CFO provides direct supervision to the Executive Director of Budget, Executive Director of Financial Services, Executive Director of Procurement, Director of Mediation Center, and an Executive Assistant.

Reports to:

President

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Examples of Duties:

30% Operational Oversight

• Supervises departments including financial services, budget, grants and procurement to ensure efficient operations.
• Collaborates with IT leadership to ensure technological resources effectively support business and administrative functions to increase efficiency and productivity and mitigate risk.
• Collaborates with HR leadership on position management and compensation analysis.
• Creates and implements ways in which the college can operate more efficiently through outsourcing, automation, and more effective use of available resources.
• Guides long-range financial planning and preparation of five-year financial projections for the operating budgets for all campuses.
• Oversees the preparation and coordination of annual operating budgets for all campuses.
• Ensures that a review and monitoring process is in place for the operating budgets for all campuses.
• Communicates relevant financial information to administration and advises of any implications.
• Provides relevant financial information to the college’s strategic planning process. Presents annual operating budgets to various audiences.
• Responsible for monitoring, reporting, and closeout of capital budgets for all campuses in collaboration with the vice president for operations and planning.
• Oversees the establishment and maintenance of financial processes, procedures, and policies.
• Oversees the preparation of financial analysis and regular reports in support of the president and vice president.

20% Compliance and Risk Management

• Develop and enforce financial policies and procedures that ensure compliance with applicable laws and promote operational efficiency.
• Identify and mitigate financial risks, ensuring the college’s assets are protected.
• Oversee the negotiation and administration of contracts to ensure favorable terms and compliance with institutional policies.
• 15% Stakeholder Engagement
• Serve as the primary liaison to the Board of Trustees on financial matters, providing regular updates and analyses.
• Represent the college in financial discussions with external partners, including government agencies and community organizations.
• Work closely with…