Chief Financial Officer

Type:
Full Time - 12 Months Management Confidential

Onondaga Community College, located in Syracuse, NY, is a college of the State University of New York (SUNY) system and one of 30 locally sponsored community colleges throughout New York State. Onondaga County is our sponsor. We offer two-year degree programs that serve as transfer opportunities to baccalaureate degree programs at four-year campuses or for direct entry to the workforce. We also offer certificate programs that can generally be completed in one year.

Onondaga is a diverse educational learning community. We are committed to creating and maintaining an atmosphere where individuality is not only recognized - but encouraged - to contribute to the fabric of the campus environment. We continue to serve the educational and economic development needs of the region and proudly boast more than 40,000 alumni.

BROAD FUNCTION

The Chief Financial Officer (CFO) is a key visionary of the College with overall responsibility for managing business operations, accounting procedures, financial planning and fiscal management, business accounting, risk management, forecasting, budgeting and facilities management. The CFO will manage in ways consistent with the strategic direction of the President and Senior Vice President of Administration, Enrollment, and Finance (SVP).

Reporting directly to the Senior Vice President of Administration, Enrollment, and Finance, the CFO is an effective team player and member of the Expanded Executive Council. This position works towards establishing priorities through the allocation of limited resources and participates with other senior managers in strategic planning, policy formulation, and problem solving and offers advice and counsel on the financial implications of institutional decisions.

With strategic vision at its core, the CFO provides mission-driven leadership and regularly considers how changes to the current business model can advance the College's mission and financial position and seeks new and creative ways to support the efforts of the whole institution. The CFO collaborates with the President and Senior Vice President of Administration, Enrollment, and Finance in developing financial strategy, budgets, new revenue strategies, and financial practices aligned with the College's student success and equity agenda.

The CFO is expected to reliably predict the College's future financial challenges and opportunities and prepare the institution to meet those challenges and maximize opportunities. The CFO serves as a catalyst for innovation, identifying opportunities to redesign business processes, leverage technology, diversify revenue streams, and deploy resources in ways that improve student outcomes while strengthening long-term financial sustainability.

MAJOR RESPONSIBILITIES

• Leads the development of a sustainable financial strategy that aligns resources with institutional priorities, student success goals, and long-term organizational resilience through proper preparation and administration of the College budget, and financial operations by directing the overall financial plans, multi-years forecast and accounting practices of the College oversees annual institutional budget process ensuring that all financial resources are expended in support of the College's mission, goals, and strategic plan.
• Manages the College's operating, grant, and capital budgets, coordinating the budget and resource allocation process, accounting and financial management, cash management, formulating financial policies, and implements procedures and internal controls that ensure the financial integrity of the College. Overseeing treasury accounting, operating and capital budgets, resource allocations, tax, audit and risk management.
• Assesses institutional performance against both the annual budget and the College's strategic plan, looking for ways to gain efficiencies and revenue opportunities.
• Maintains an effective program of fiscal management and internal controls. Directs the overall financial plans, multi-year forecasts and accounting practices of the College in direct support of…