Job description
Posting Details
Posting Details
Posting Number
S0314P
Classification
Administration
DBM Rating
Position Number
079
Position Title
Chief Financial Officer
Position Type
Administration
Status of Position
Staff - Full Time
Union
Non-Union
FLSA
Exempt
Position Summary
The Chief Financial Officer (CFO) of the College provides executive leadership and administrative direction for the College’s fiscal units. The CFO also provides leadership of contracted auxiliary services including food service and catering, vending, and the bookstore. This position works with vendors, faculty, and staff to meet the needs of and accomplish the college’s strategic goals and identified critical business operations to support student success.
Reporting and Supervisory Relationships
1. Reports directly to the College President.
2. Directly supervises Controller/Director, Business Services and the Executive Assistant to the area. as well as the Procurement Coordinator , Grant Writer, and Budget and Risk Manager.
3. Indirect supervisory relationship with unit managerial and support staff employees.
2. Directly supervises Controller/Director, Business Services and the Executive Assistant to the area. as well as the Procurement Coordinator , Grant Writer, and Budget and Risk Manager.
3. Indirect supervisory relationship with unit managerial and support staff employees.
Essential Responsibilities
1. Serves as the principal advisor to the President on matters of finance and general administration and makes recommendations to the President regarding fiscal and operating policies and procedures.
2. Oversees the planning processes in regard to budget and finance, establishes goals and implementation work plans for the division in line with the College’s strategic plan.
3. Coordinates the development of the annual budget, including multi-year financial projections for planning purposes and special analyses and reports.
2. Oversees the planning processes in regard to budget and finance, establishes goals and implementation work plans for the division in line with the College’s strategic plan.
3. Coordinates the development of the annual budget, including multi-year financial projections for planning purposes and special analyses and reports.
4. Provides leadership in the recruitment, selection, evaluation and development of key staff in the Finance department.
5. Financial oversight which may include supervision of auxiliary enterprises including bookstore, food service and catering, and vending.
6. Serves as Treasurer of Community College District 515, by appointment of the Board of Trustees.
7. Provides financial and administrative assistance to the College’s Foundation.
8. Serves as the lead person on risk management matters, auditing, insurance, and procurement.
9. Attends Cabinet meetings, Board meetings, and others as deemed appropriate, and prepares recommendations and supporting documentation as required.
10. Develops and maintains proper budgeting, accounting, contracting, and personnel resources, report preparation, and management within the assigned units.
11. Assure that sufficient funds are available for the College to maintain a positive cash flow, while keeping the President apprised of significant changes impacting the budget.
12. Assesses College property tax needs and prepares tax levy requests for Board approval.
13. Oversees activities and assets associated with public fund investments
.
14. Directs the supervision of the payment for the construction and equipping of new buildings, major renovations or major projects. Works closely with leaders of areas to identify processes and update or modify when needed.
15. Directs and participates in the preparation of selected state and federal reports.
16. Represents the College in local, state, and national professional organizations and establishes linkages with appropriate local, regional, and state resources and agencies and public groups.
17. Performs other professional and administrative duties assigned by the President.
Other Duties and Responsibilities
Working Conditions/Physical Requirements
Minimum Qualifications
1. Master’s degree in business administration, public administration, or a relevant field.
2. At least seven years of related experience, including at least three in higher education.
3. Demonstrated experience managing accounting/business operations.
4. Management experience in a collective bargaining environment.
5. CPA.
6. Excellent oral and written communication skills.
Preferred Qualifications
1. CMA certification.
2. Thorough understanding of college financial administration, including fund accounting.
3. Doctorate in educational administration or other related field.
4. Illinois Community College experience.
Anticipated Work Hours and Days
Monday through Friday, 8:00 a.m. to 4:30 p.m.
Salary
minimum starting-$89,410
Posting Date
03/08/2023
Closing Date
Open Until Filled
Yes
Special Instructions to Applicants
All applications must be submitted electronically. For full consideration, please submit applications no later than April 17, 2023
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