Vice President of Finance

Job Description

Job Title:

Vice President of Finance
Classification:
Exempt

Reports to:

President
Salary Range: $105,000-$125,000

North Central University Mission Statement
North Central University is a dynamic Christian learning community educating students for lives of service throughout society, the marketplace, and the church. In keeping with its Pentecostal heritage and mission, NCU models and expects excellence in both academic practice and Christian faith.

Position Purpose
The Vice President of Finance serves as the chief financial officer for the University. Charged with oversight and management of the financial interest of the university, the Vice President of Finance exercises primary responsibility for stewarding and aligning the University s financial resources to achieve the University s academic mission, operational goals, vision and strategy, and to facilitate operational effectiveness though planning, analysis, implementation, management, and control of the University s financial activities.

Reporting directly to the President, the Vice President serves as a member of the President s Cabinet and participates in developing and shaping institutional goals, policies, and long-range planning strategies consistent with the University s mission.

The Vice President of Finance is the staff appointee to the Finance committee of the Board of Regents and plays a critical role in aligning financial resources with enrollment strategy, fundraising, and institutional priorities.

Key Responsibilities

• Under the direction of the President, the Vice President of Finance performs the following duties:

• Assist the President as a lead administrator in carrying out the mission of the University in the areas of finance and administration to both on and off campus constituencies.

• Must demonstrate exceptional knowledge and skills sets for overseeing corporate and educational finances.

• Contribute to the development of strategic goals and objectives to ensure appropriate allocation of resources to support the University s mission through multi-year financial modeling, scenario planning, and sustainability initiatives.

• Develop short and long-range goals and objectives for finance and administration in support of the University s mission and strategic plan.

• Prepare and provide financial information, operational metrics, and forecasts to the President s Cabinet, Board of Regents and its Committees.

• Provide financial leadership to the institution, contributing to the overall strategy and operational plans of the University both from a broad business perspective and with a focus on most effectively deploying the University s financial resources.

• Participate in acquisition and growth activities to support overall business objectives and plans including on campus and off campus projects.

• Provide recommendation to strategically enhance financial performance and business opportunities.

• Initiate appropriate strategies and actions to enhance the University s investment management decisions and activities, including the University s endowment, intermediate and short-term cash; debt financing; short term borrowing and interest rate management, bank services and lender relationships.

• Complete financial and statistical reports required by federal, state, and local government regulatory agencies and university administration relating to areas of responsibility ensuring compliance.

• Maintain proper systems of accounting, internal controls, purchasing, and budgetary control.

• Develop the annual operating and capital budgets and lead the annual budgeting process.

• Systematically review and evaluate relationships with vendors to ensure the university is working with the best pricing as well as quality products.

• Provide leadership within the whole university to assure collaborative work is happening in the development and execution of strategies and initiatives that fulfill the mission and vision for NCU.

Job Qualifications

Minimum

Education and Experience:

• Master s degree (MBA preferred) and/or CPA license required.

• Minimum of five years full time administrative experience in accounting or fiscal affairs involving budget…