Assistant Vice President of Finance

Job Responsibilities

The Assistant Vice President of Finance serves as the institution’s Chief Financial Officer overseeing all financial operations, including budgeting, forecasting, cash management, procurement, student financial awards, and audit compliance. Responsible for ensuring the institution's financial integrity, sustainability, and compliance through effective budgeting, forecasting, resource allocation, cash and risk management, financial reporting, and audit oversight. This position advises the President, leadership, and Area Commission on financial matters and strategic initiatives that support the College's mission, goals, and long‑term success while ensuring compliance with federal, state, and institutional regulations.

• Strategic Leadership and Executive Oversight
  - Serves as the Chief Financial Officer providing executive leadership for Fiscal Affairs (including Procurement, Accounting, AP/AR, Student Accounts, Grants, Capital Projects/Construction Management, and the online bookstore) and Financial Aid. Ensures all reporting divisions and outsourced functions are properly trained and aligned with college objectives, regulatory requirements, and best practices. Fosters a unified, service‑oriented culture across all responsible divisions and contracts, emphasizing exceptional service to college departments, students, and external partners.
  
  Advises the President, leadership, and Area Commissioners to implement strategic initiatives that ensure the institution's financial health.
• Financial Budgeting and Stewardship
  - Leads the development of the institution’s long‑term financial forecast and cost projections, ensuring strategic alignment and sustainability. Guides institutional resource allocation, financial modeling, and forecasting to ensure efficient use of resources in alignment with institutional priorities. Directs the annual operating and capital budget preparation process, ensuring the collection and analysis of accurate data to inform budget decisions. Oversees the annual budget planning cycle, including the synthesis of stakeholder input and the preparation of comprehensive budget reports for leadership and the Area Commissioners.
  
  Advises leadership on budgetary adjustments based on changing financial conditions and objectives. Monitors the college’s financial performance and provides recommendations for adjustments and improvements.
• Cash and Risk Management
  - Maintains executive oversight of a 52‑week rolling cash flow forecast to ensure sufficient liquidity for operations and strategic initiatives. Ensures all billing processes are completed accurately, timely, and on a consistent cyclical schedule to support effective financial operations and cash flow management. Oversees debt collection processes, including liaison with the South Carolina Setoff Debt Program and external collection agencies. Ensures the timely and accurate drawdown and reimbursement of all grant monies, verifying strict compliance with grantor guidelines.
  
  Oversees the development and implementation of comprehensive financial and operational risk mitigation strategies, including property, liability, and other essential insurance coverage, to ensure institutional stability and asset protection. Oversees the processing and management of all insurance claims, ensuring timely and accurate resolution.
• Audit, Reporting, and Compliance
  - Provides executive supervision of the college’s annual financial and single audits, ensuring all required documentation is prepared and submitted in a timely manner. Directs and personally oversees the development and implementation of policies and procedures to address audit findings and ensure compliance with federal, state, and institutional regulations. Reviews and approves executive‑level monthly, quarterly, and annual financial reports, ensuring compliance with all reporting requirements.
  
  Oversees coordination with the Foundation and other departments to ensure proper financial reporting and compliance with all relevant standards.
• Performs other duties as assigned.

A master’s degree…