The Board of Governors of the Clarence Fitzroy Bryant College invites applications from suitably qualified persons to fill the following contractual position with effect from September 1, 2020: Vice President of Financial and Administrative Affairs
The Vice President of Financial and Administrative Affairs (Vice President FAA) at the Clarence Fitzroy Bryant College is the College’s Chief Financial Officer and is expected to plan, organize and direct the financial accounting and reporting operations of the College.
The Vice President FAA provides leadership and executive oversight for a broad range of financial and support operations, including financial planning and budgeting, controller functions, auditing, cash and investment management, accounts receivable, accounts payable, procurement, student financial services and financial administration of research and grants.
The Vice President FAA is expected to work collegially with other administrators, faculty and staff to maintain strong academic quality across the institution and particularly with Institutional Development to seek funding and administrative solutions to support the academic mission of the College. The Vice President FAA reports to the President.
- Oversee all aspects of the college accounting and financial management systems, including the development, coordination and implementation of financial policies.
- Prepare and monitor budgets in accordance with government policy, the college’s goals and objectives, and priorities set by the Board.
- Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits.
- Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal and other awards and programs.
- Oversee the coordination and activities of independent and Federal auditors ensuring all audit issues are resolved, and all compliance issues are met, and the preparation of the annual financial statements is in accordance with international accounting standards and federal, state and other required supplementary schedules and information.
- Prepare the annual financial statements in accordance with international accounting standards and federal, state and other required supplementary schedules and information.
- Prepare deadline sensitive reports and surveys, resolutions and documentation for the Board of Governors.
- Oversees the maintenance of the inventory of all fixed assets, including assets purchased with government funds assuring all are in accordance with regulations.
- Oversee student financial services and treasury-related functions (e.g. cashiering collections, receivables and payables, cash management, and banking relationships).
- Supervise the development, implementation and continuous monitoring of the college’s annual budget.
- Manage internal funds and oversee externally managed funds, credit lines, and other elements of overall external financing strategies.
- Identify and promote strategies for revenue generation.
- Oversee the preparation of accurate monthly financial statements and disclosures for internal and/or external users in accordance with legal requirements.
- Continuously improve accounting systems and procedures so that accounting records provide accurate and timely information in accordance with generally accepted accounting principles. This may include taking a leadership position in the planning and implementing of information system upgrades in the accounting and financial functions.
- Oversee the procurement process and contract monitoring activities.
- Implement and maintain appropriate internal controls and compliance through the Conflict of Interest disclosure process.
- Coordinate the activities of the external auditors, all year-end accounting functions and preparation of the trial balance and audit schedules.
- Bachelor’s degree in finance or accounting or a related field.Successful leadership experience in corporate or higher education.
- Outstanding analytical abilities to drive fact–based decision making.
- Strong people-relations skills, with the ability to relate to all levels within the College
- Community and Board of Governors.
- Outstanding oral and written communication skills.
- Highly developed organizational skills.
- Demonstrated budgeting skills
- An MBA or MA in finance or accounting.
- A Certified Public Accountant or other comparable designation
- Five years progressive leadership in corporate or higher education accounting
The Vice President FAA reports directly to the President but works closely with the Executive and Finance Committee of the Board. He or she is a member of the administrative team. The Vice President FAA supervises and develops members of the finance and administrative staff including, accounting, treasury management, institutional development and student financial services.
Salary will be commensurate with qualifications and experience and in accordance with current salary structure at the College.
The deadline for receipt of applications is July 17, 2020. Late applications will not be acknowledged