Vice President of Finance and Administration, MnSCU Admin

Vice President of Finance and Administration

Working Title:

Vice President of Finance and Administration, MnSCU Admin-7 Institution:
Minnesota State College Southeast Classification

Title:

MnSCU Administrator 7 Bargaining Unit / Union: 220:
Minnesota State Administrator's Plan City: MSSE
- Winona Campus Red Wing FLSA:
Job Exempt Full Time / Part Time:
Full time Employment Condition:
Unclassified
- Unlimited Academic Salary Range: $ - $

The Vice President of Finance and Administration (VPFA) serves as the college’s chief finance officer and is an effective team player and member of the President’s Cabinet and the Executive Council, providing leadership in the areas of finance, budget, administration, operations, auxiliary services, safety and security, and facilities. As a visible and engaged member of the campus community, the VPFA collaborates with the president in developing financial strategy, budget, and financial practices aligned to the college’s vision, mission, and goals by providing leadership and strategic direction for all business operations, financial planning and management, business accounting, risk management and compliance, budgeting, facilities and materials management, safety and security, along with all administrative support functions on multiple campuses.

The position serves as the principal financial advisor and will ensure accuracy, quality, and timeliness of all financial plans, budgets, and forecasts. The VPFA reliably predicts the college’s future financial challenges and opportunities and prepares the institution to meet those challenges and maximize opportunities. This position assesses organizational performance against both the annual budget and the college’s long-term strategy. This position ensures the stable management of the current fiscal year budget and enables the development of the next two budget years.

Strong understanding of the Minnesota legislative process is key to long-term budget success. Main office location on either our Red Wing or Winona campus; however, regular travel between campuses is required. Relocation assistance is available!

Plan, develop, implement and analyze the coordination of all financial resources of the college as well as lead the college in transparent resource planning. Responsible for collecting and analyzing complete financial data across the college, assisting all parties in making informed decisions. Annually evaluate the alignment of performance funding measures and the college’s outcomes. Develop metrics and measures for success, provide accessible dashboards and consistent reporting to ensure transparency and to raise financial literacy across the college.

Oversee the development of annual and long-range financial plans (operating and capital). Drive efficiency across all areas of the college by improving systems, processes and policies that achieve organizational financial goals, reduce risk, and increase compliance. Stewardship of resources to provide stability and confidence for the college community that all financial matters are being handled in a professional and ethical manner.

Create a culture of resource stewardship for impact (e.g. expected outcomes, cost per student, cost at scale, return on investment). Show creativity in identifying and securing resources to support the college mission and student success and equity agenda. Annually benchmark operational costs against peer institutions to identify areas for operational investments and savings. Develop strategic partnerships and enterprises to enhance revenue generation within the mission of the college, including oversight of auxiliary enterprises, public-private partnerships, shared services, and other business models.

Develop partnerships with K-12, employers, and community-based organizations to find efficiencies, share and save costs, and to generate new revenue streams for the college and partners. Work with Minnesota State and Legislative auditors to ensure compliance with financial reporting standards, stakeholders, and Minnesota State policies and procedures. Responsible for all policy and procedure…