VP of Finance
- Location: , LA
- Start Date: 6/4/2025
- Job ID: 25-00910
- Posting Date: 6/4/2025
- Job Type: Direct Placement
VP of Finance
Qualifications
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A Master's degree is required in business administration or other appropriate related advanced degree.
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A minimum of ten years of administrative leadership experience, preferably in higher education, with significant management and supervisory experience.
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The successful candidate must have a thorough knowledge of business and finance principles and practices applicable to higher education as they apply at the local, state, and national levels.
Responsibilities
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The Vice President for Finance, as chief fiscal officer of the University, is responsible for the executive management of the financial support and business-related service units of the University and Foundation.
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Major functions include, but are not limited to:
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Directing all fiscal matters
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Establishing policies and procedures
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Preparing reports, audits, and budgets
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Increasing resources
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Providing cost-effective services
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Reports to the President of the University and is a member of the President's Cabinet.
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Responsible for all fiscal units within the Division.
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Leads and facilitates all of the financial accounting and finance functions, reporting principles, methods, techniques, and standards as applied within an academic environment.
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Analyzes various business, financial, treasury, and budget matters and makes recommendations to leadership.
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Provides strategic financial leadership, contributing to the University's overall strategy and operational goals.
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Develops and presents accurate, transparent, and insightful financial reports and communications.
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Models, evaluates, and advises on the financial impact and return of proposed decisions, policies, and strategies.
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Provides recommendations to enhance financial performance and business opportunities.
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Translates strategic and tactical business plans into financial plans.
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Develops and continually evaluates short and long-term strategic financial objectives.
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Implements and maintains efficient, transparent budgeting and forecasting processes.
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Provides timely and accurate financial reporting, trend analysis, and forecasts.
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Oversees investment management activities including endowments, cash management, debt financing, and lender relationships.
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Ensures proper expenditure controls and budget management to maintain fiscal stability.
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Oversees budget allocation across departments for staffing, operations, and equipment.
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Responsible for maintaining the University's fiscal health score in compliance with board guidelines.
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Oversees auxiliary units (e.g., food services, mailroom) to ensure effective operations and revenue growth.
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Negotiates goods and services acquisitions at best value.
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Provides leadership for external audits and ensures compliance with audit standards.
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Oversees asset management, including inventory, disposal, and salvage operations.
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Leads and evaluates all Finance direct reports.
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Supports staff recruitment, development, and retention.
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Builds high-performing, team-oriented environments.
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Develops and enforces policies and procedures for the Finance Division.
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Ensures compliance with all financial practices at state and federal levels.
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Composes and interprets financial data and reports for internal and external stakeholders.
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Ensures timely and accurate preparation of financial statements.
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Serves as Foundation CFO for the Foundation at Confidential University.
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Develops and sustains collaborative relationships across university divisions.
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Executes other duties as assigned by the President.
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