What are the responsibilities and job description for the Vice President Finance & Chief Financial Officer position at Thomas College?
Description
U.S. News and World Report consistently ranks Thomas College as a top college in Maine for social mobility. Our clear career focus and one-of-a-kind Guaranteed Job Program™ makes it possible to advance faster in the arts and sciences, business, and education. Earn an undergraduate degree in three years and then choose from a variety of in-person or online graduate degree programs that can be completed in one-year or two. Located in Waterville, Maine, Thomas College is your pathway to a promising future, guaranteed. Learn more at thomas.edu.
The Chief Financial Officer is responsible for providing leadership and management of the College’s financial, accounting, physical plant. and other business-related activities including cash management, budget management, risk management, regulatory compliance, contract and grant administration, investment management, debt management, financial analysis, and other duties as assigned by the President. The VP & Chief Financial Officer reports to the President of the College and as a member of the President’s Cabinet participates in setting institutional strategic direction and policy; and serves in an advisory and support capacity to the President, Provost, Vice Presidents and Deans on financial, administrative, and budgetary matters.
In support of the Thomas College Mission and Vision, the VP & CFO assists with the development and execution of the strategic plan and leads the College’s long term, enrollment driven, financial modeling, goal setting, and execution processes.
Serve as an advisor to the President, Provost, Vice Presidents, and department managers with financial and business-related matters, and legal and financial/security risk exposures, including the review of all contracts in a manner that promotes financial prudence and responsibility.
Manage and prepare an annual budget for Board approval. Develop and routinely update a multi-year financial forecast in alignment with the College’s long-range strategic plan.
Develop models, analyze trends and ratios, and monitor and manage variances pertaining to the College budget and business proposals. Interpret financial data and reports and assess operational results for senior management and the Board.
Oversee the Physical Plant department.
The VP of Finance & Chief Financial Officer position requires substantive and progressively responsible management experience in finance, accounting and related areas of law, government policy and regulation in an institution of higher education. Excellent leadership, managerial, organizational, planning, relevant software applications and analytical skills. The ability to communicate clearly and effectively; ability to interact and collaborate successfully with faculty, students, and staff; and the ability to develop, plan, and implement short and long-range goals.
CPA, MBA and/or equivalent combination of education and 10 years of progressively responsible experience, including 7 years of financial management experience, preferably in a similar organization. Experience with fund accounting and capital projects preferred.
Thomas offers a competitive benefits package to include:
Medical insurance, dental insurance, life insurance, disability insurance, 6% 403(b) matching plan, paid vacation, paid sick leave, thirteen paid holidays, on-site gym, meal discounts and free tuition for employees, spouse and dependent children.
Interested applicants should submit a cover letter, resume and names of three professional references. Please include an email address on your application materials.
