SUMMARY
Menlo College, which has one of the top-ranked undergraduate business programs in the United States, is searching for its next chief financial officer (CFO). Would you be excited to explore the possibility of assuming cabinet-level financial responsibility for a small, private college approaching its centennial? If so, this could be a perfect opportunity for you!
The next CFO will be well-supported and have the chance to thrive in a tight-knit community of 800+ students, the majority of whom are students of color. The CFO works closely with the college president, who himself once maintained the CFO responsibilities at Menlo. We invite you to watch a short interview with the president outlining his own experience at Menlo and the importance of the CFO role at the College.
https://www.youtube.com/watch?v=WyKNlP5oY4s
As the College begins to embark on programmatic and operational growth, it seeks a CFO who is also hungry to grow and succeed. This role would be perfect for a finance director ready to take the next career step, work collaboratively with experienced administrators on complex projects, and serve with humility and kindness at an interconnected, highly relational college community. In addition, the CFO will have a chance to make one or more early, key hires.
If this exciting opportunity speaks to you, we encourage you to apply! The priority deadline is August 15, 2022 – though late applications will be accepted until this mission-critical position is filled.
IMPORTANT DATES
Applications Accepted Starting: July 15, 2022
Priority Review Deadline: August 15, 2022
(Applying by the priority deadline is encouraged, but late submissions will be accepted until the position is filled.)
Start Date: Fall 2022
SPECIFIC DUTIES
Strategy
- Coordinate the development of and adherence to College-wide and departmental budgets and long-range financial planning, and guide directors in the allocation of limited budget resources for human capital management to achieve the strategic objectives of each department.
- Maintain a strategic focus on ensuring a high return on investment (ROI).
- Ensure that the financial operations, procedures, and ERP environment not only provide necessary controls and safeguards, but also support the continued growth and strategic visioning of the College.
- Monitor and mitigate risk through a comprehensive risk management program.
Future planning
- Develop financial forecasts and key performance indicators to predict likely future outcomes, by both analyzing past performance as well as identifying internal and external factors that may affect future revenue and expenses.
- Aggregate departmental-level budget forecasts to create short- and long-term projections for the Board, management team, and other stakeholders.
- Identify areas of deferred maintenance and capital improvement, and develop plans to invest sufficient resources in the maintenance and upkeep of the physical plant.
- In partnership with other members of the management team, identify and explore alternative revenue streams.
Operations
- Oversee three major operational units and their respective department heads: business office, IT, and HR.
- Coordinate and oversee mandated audits, attest that statements are accurate and complete in accordance with generally accepted accounting principles, oversee risk management, and ensure that financial reports support the needs of various stakeholders.
- Ensure that accounts payable obligations are paid in full, and expenses are controlled so that enough cash is on hand to meet financial obligations.
- Assist with WSCUC and AACSB accreditation-related initiatives, and perform other duties as assigned.
MENLO IS LOOKING FOR CANDIDATES WHO CAN DEMONSTRATE
Professional Qualifications:
- Multiple years of experience in a senior management role, with demonstrated experience in overseeing accounting and financial services preferably in an educational or not-for-profit institution
- Possession of a bachelor’s degree from an accredited college or university in business administration, finance, accounting, or a related field
- An advanced degree, or an equivalent combination of education and experience
- An MBA or CPA welcomed but not required
- Up to date knowledge of current financial and accounting computer applications
- Successful track record of managing, supervising, and mentoring professional staff
- Demonstrated experience in strategic and operational planning, as well as budget development
Leadership and Personal Qualities:
- Excellent verbal, analytical, organizational and written communication skills, and a proven ability to effectively articulate organizational objectives and strategic analysis
- Excellent interpersonal skills, empathy, warmth, and collegiality when interacting with diverse groups of individuals
- Organized, systematic, and detail-oriented approach to overseeing mission-critical departments and programs
- Willingness to manage multiple complex projects, work collaboratively, and navigate external pressures and unexpected challenges
- Competency to monitor and control resources
- Outstanding analytical, math, and critical thinking skills
- Ability to anticipate the needs of various constituents and proactively initiate next steps
- A genuine interest and passion for the success of a hard-working student body comprising a large number of first-generation college students, many of whom have compelling and inspiring life stories.
$200,000 DOQ
TO APPLY
For more information please visit the following link, which contains the job opportunity statement and complete application instructions.
https://www.12MRecruiting.com/jobs/menlo
Menlo College is committed to a firm policy of equal employment opportunity. All prospective Menlo College employees are required to satisfy a background check and have fully completed their COVID-19 vaccinations (including a booster) or have an approved exemption. A negative PCR test will be required prior to employment. All employees that operate a motor vehicle on behalf of Menlo College must be cleared annually using Department of Motor Vehicle records.