What are the responsibilities and job description for the Chief Financial & Administrative Officer position at Inside Higher Ed?
Position: Chief Financial & Administrative Officer | Full-Time EXEMPT position
Department: Financial Services
Reports To: College President
SummaryLouisburg College is a private, residential, two-year with enrollment ranging from 400-500 students.
The Chief Financial & Administrative Officer (CFAO) serves as Louisburg College's senior financial administrative leader and a core member of the President's Cabinet. This role functions as the President's principal operational partner who is responsible for strengthening financial discipline, integrating core administrative functions, and ensuring that institutional strategy translates into execution.
This individual in this role leads Finance, Facilities and Maintenance, and Information Technology to financial clarity, operational alignment, and the execution needed for enrollment growth, student success, and long-term sustainability.
RESPONSIBILITIESFinancial Leadership, Operations & Institutional Strategy
Interviews are scheduled to commence mid-June 2026.
Applications will be accepted until the position has been filled.
Louisburg College, related by faith to the Methodist Church, is an Equal Opportunity Employer and encourages applications of all qualified individuals. It is the policy and practice of the College to provide equal opportunity to all persons. The College does not discriminate against its employees or applicants for employment because of race, color, national origin, age (as defined by the Age Discrimination in Employment Act), religion, gender, disability, veteran’s status, or sexual orientation. This policy applies to all aspects of the employment relationship including, but not limited to, recruitment, selection, advancement, compensation, benefits, transfer, and termination.
Department: Financial Services
Reports To: College President
SummaryLouisburg College is a private, residential, two-year with enrollment ranging from 400-500 students.
The Chief Financial & Administrative Officer (CFAO) serves as Louisburg College's senior financial administrative leader and a core member of the President's Cabinet. This role functions as the President's principal operational partner who is responsible for strengthening financial discipline, integrating core administrative functions, and ensuring that institutional strategy translates into execution.
This individual in this role leads Finance, Facilities and Maintenance, and Information Technology to financial clarity, operational alignment, and the execution needed for enrollment growth, student success, and long-term sustainability.
RESPONSIBILITIESFinancial Leadership, Operations & Institutional Strategy
- Develop and implement a multi-year financial strategy, including forecasting and modeling aligned with institutional priorities.
- Advise the President and Board on financial performance, risk, and resource allocation.
- Continue to align financial strategy with enrollment, retention, and student success outcomes.
- Ensure accurate, timely, and transparent financial reporting to the Board's Finance Committee, including budget-to-actual perfomance, cash flow, key financial indicators, and risk assessments.
- Lead annual operating and capital budget processes.
- Maintaining rolling cash flow forecasts and liquidity management.
- Enhance visibility into cost structure, program performance, and financial drivers.
- Monitor systems, data, and operation integration, ensuring institutional capability of data integrity, access, and reporting.
- Manage Student Financial Lifestyle, overseeing student accounts, billing, receivables, and collections strategy.
- Ensure alignment between financial aid, student systems, and finance operations.
- Monitor alignment of Institutional Advancement Finances, ensuring the financial integrity of philanthropic funds and compliance with reporting requirements. Collaborate with Advancement leadership to align financial planning and fundraising execution.
- Endowment & Investment Oversight, serving as the primary liaison to the College's investment manager(s) and reporting to the Board and Finance Committee on investment performance allocation, risk exposure, and spending policy implications.
- Provide executive oversight of key administrative functions to ensure Facilities and Maintenance and IT operate as high-functioning systems that support institutional goals.
- Provides financial oversight of construction and renovation projects.
- Collaborates with Director, Facilities & Maintenance in responses to RFPs and negotiations of services to meet the needs of the institution.
- Institutional technology strategy, systems integration, and infrastructure.
- Data governance, cybersecurity, and platform reliability.
- Alignment of IT systems with academic, enrollment, and administrative needs.
- Significant senior leadership experience in finance and operations.
- Expertise in financial planning, budgeting, accounting, and internal controls.
- Experience overseeing or partnering closely with Facilities and IT functions.
- Demonstrated ability to build systems, teams, and operational discipline.
- Five to ten (5-10) of senior experience in higher education or non-profit institutional settings.
- CPA, MBA, or related advanced credential.
- Experience with ERP, SIS, and enterprise system integration.
Interviews are scheduled to commence mid-June 2026.
Applications will be accepted until the position has been filled.
Louisburg College, related by faith to the Methodist Church, is an Equal Opportunity Employer and encourages applications of all qualified individuals. It is the policy and practice of the College to provide equal opportunity to all persons. The College does not discriminate against its employees or applicants for employment because of race, color, national origin, age (as defined by the Age Discrimination in Employment Act), religion, gender, disability, veteran’s status, or sexual orientation. This policy applies to all aspects of the employment relationship including, but not limited to, recruitment, selection, advancement, compensation, benefits, transfer, and termination.