Chief Financial Officer (CFO)

Company: COASTAL BEND COLLEGE

Location: Beeville

Closing Date: 19/10/2024

Salary: £150 - £200 Per Annum

Hours: Full Time

Type: Permanent

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Job Requirements / Description

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If you are interested in helping Coastal Bend students succeed at CBC, please submit an application to join our team. Coastal Bend College (CBC) is a dynamic, success-driven Community College focused on student success across 10 counties in South Texas, with the main campus in Beeville, TX and 3 other centers in Alice, Kingsville, and Pleasanton. We are searching for an engaging, passionate Chief Financial Officer (CFO) to help lead our College during this ever-changing Community College environment.

Target start date: 11/11/2024
Employment Type: Exempt
Starting Pay Range: $85,000.00 - $120,000.00
Primary Site Location: Beeville
Open Until Filled

Essential Functions:

The Chief Financial Officer (CFO) at Coastal Bend College will oversee the development and maintenance of monthly financial statements for the institution and the CBC Foundation. As a member of the President’s Cabinet, the CFO provides financial leadership and collaborates to accomplish strategic priorities. The CFO supervises all accounting and financial services functions and is accountable for all functions of the Business Office and Auxiliary Services.

Duties and Responsibilities:

Develops and maintains sound operating procedures to ensure compliance with college policies, state and federal regulations, and the Governmental Accounting Standards Board (GASB);
Oversees the preparation of the Annual Financial Report;
Maintains a sound investment program for college funds;
Prepares revenue projections and analysis;
Leads and implements the development of the annual budget process. Develops short and long-range budget projections;
Oversees preparation and administration of the College budget including all funding sources and finances of the Foundation;
Develops and maintains an efficient system to process payments of all College purchases. Develops a system that ensures payments are made to vendors in a timely and accurate fashion;
Conducts bi-weekly verification of payroll;
Prepares periodic financial analysis of operations in all aspects of the educational plan;
Develops a system that ensures all College receipts are properly recorded and accounted for;
Prepares and/or reviews accurate and timely monthly financial reports to the President’s Cabinet and Board of Trustees;
Implements and maintains internal control procedures to ensure the safeguarding of assets and reliability of financial data;
Oversees monthly, quarterly, and annual reconciliation of payroll, debt service, grants, and investments to the general ledger;
Oversees ongoing capital asset inventories;
Monitors the expenditures of grant funds to ensure compliance with funding agencies, college policies, and procedures;
Supervises the Distribution Center to ensure fixed assets are accounted for, recorded, maintained, and disposed of as needed;
Manages the College’s cash flow strategies;
Directs participation in the College’s continuous improvement processes and serves as a system administrator for the budgeting software tool for the institution;
Develops and deploys regular training and professional development opportunities for employees in financial systems, software applications and services, local, state, federal laws and compliance, grant monitoring and compliance, external accreditation, and institutional reporting as it relates to the finances of the institution;
Reviews and authorizes payment of the College’s financial obligations;
Performs other duties as assigned by the College President.

Other Duties:

College responsibilities such as Institutional Effectiveness Committee, SACS-COC accreditation, Task Force, etc.

Travel Requirements:

Requires frequent and consistent travel to each of the campus sites. Some travel as needed to attend regional, state and national conferences for professional development purposes.

Environment:

Standard business office environment.

Minimum Qualifications:

A Bachelor of Business Administration in Accounting or Finance is required. Eight years of progressively increasing experience in the accounting and finance area, managing staff with diverse responsibilities; and an understanding of the community college philosophy. Travel is required; a valid Texas driver's license is required. Strong technical skills including data analytics, projections and forecasting, and visualization are essential. Strong project and team management skills. Ability to foster teamwork and a positive working environment. Ability to effectively speak in public and present monthly financials to the Board of Trustees. Exceptional financial leader.

Preferred Qualifications:

Education Degree: Master's Details: CPA, Master's Degree in Accounting or Finance Background. Working knowledge of fund accounting and GASB preferred. Experience/expertise in Higher Education is highly desirable. Non-profit accounting experience is a plus. Grant compliance experience preferred. Working knowledge of Ellucian Colleague, BankMobile, and SPOL preferred. Strong organizational planning and data retention skills. Ability to work with area Economic Development Officers and Organizations to foster community partnerships and vibrancy. Area of Study: Accounting or Finance Background.

Our company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics.

Job Type: Full-time

Pay: $85,000.00 - $120,000.00 per year

Benefits: