Reporting to the President, the Chief Financial Officer (CFO) is responsible for setting the strategy, vision, leadership and sound management for the operations of the financial organizations of Wright State University. The CFO will guide the financial planning processes of the University, including the budgeting process, and will interface with institutional leadership including the Board of Trustees. Oversees area of controller, finance/budget, treasury/investments.
Master's degree in business administration, accounting, finance or related field.
At least seven (7) years of experience as an administrator in a significant budget or fiscal position in private sector, post-secondary education, the public sector, or non-profit corporation.
Knowledge of an entity's budget planning process including the preparation of complex, detailed financial and budgetary analyses.
Demonstrated skills in the supervision of complex units with the proven ability to effect and influence change through a collaborative and inclusive approach.
Proven ability to provide vision and leadership in matters pertaining to finance and operations; and effectively represent the division with external constituents.
Excellent analytical, problem solving, decision making, organizational, leadership and interpersonal skills; and outstanding oral and written communication skills.
Ability to work in a diverse and inclusive environment.
Certified Public Accountant (CPA).
Experience in Higher Education.
Demonstrated knowledge of budget and technology models that link resource allocation to performance and strategic planning.
Comprehensive knowledge of financial and investment planning and funding formulas, institutional Master Plans, preferably applicable to higher education.
Essential Functions and percent of time::
Strategic Leadership (60%)
Responsible for the development of financial strategies for the University and contributing to the organization's strategic goals. Ensure that the University's fiscal operations support the University's Strategic Plan by overseeing all fiscal activities and providing analytical status reports.
Establish goals, objectives, policies, procedures and action plans that are consistent with the University's strategic plan.
Develop performance measures and monitoring systems that support the University's strategic direction. Monitor financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.
Effectively communicate and present critical financial matters at select Board of Trustees and committee meetings. Maintain continuous lines of communication, keeping the appropriate leadership, University President and Board of Trustees informed of all critical matters.
Serve as the primary liaison with bond rating agencies.
Internal Controls and Compliance (20%)
Understand and mitigate key elements of the University's risk profile. Responsible for assessment of current policies/procedures related to operations and finance; developing and implementing enhanced policies/procedures in both finance and general operations.
Construct and monitor reliable control systems.
Develop, implement and maintain internal controls and financial reporting policies, standards and procedures that assure the fiscal and payroll practices comply with external rules, regulations and restrictions and generally accepted accounting principles.
Ensure compliance with statutory requirements and University policy including Board of Trustees' policies; University, county, state and federal regulations; and generally accepted accounting principles (GAAP).
Maintain strict confidentiality and security of staff, student, and client records.
Staff Management and Development (15%)
Provide leadership and direction for the following business functions and departments: accounting, budgeting, bursar (student accounts and student loans), treasury functions including cash and debt management, fiscal officers in the operating units, accounts payable, and payroll.
Lead staff in development of annual operating and capital budgets. Maintain multi-year budget models, which are in alignment with the University's strategic priorities.
Oversee, direct and organize the work of the finance and supporting operations teams, while promoting a culture of high performance and continuous improvement.
Establish and monitor staff performance and development goals, set objectives, establish priorities, conduct frequent coaching and annual performance appraisals.
Other related duties as required (5%)
Wright State University, an equal opportunity/affirmative action employer, is committed to an inclusive environment and strongly encourages applications from minorities, females, veterans and individuals with disabilities.
To preserve the safety and security of the campus community and to maintain the integrity of university operations, it is the policy of Wright State University before making an employment offer conduct various background checks, such as a criminal record, credit history when job related and/or education verifications. Additionally, an administrative review shall be conducted whenever the university learns that an employee is charged with or convicted of a crime (except for minor vehicle violations). Frequently asked questions related to background checks may be found on the Human resources website at http://www.wright.edu/human-resources.
Effective July 1, 2017, per Policy 7230 Wright State University is tobacco-free. Tobacco use, including the sale, advertising sampling and distribution of tobacco products and tobacco related items is prohibited in all university facilities, on all university owned or leased grounds, university owned or operated residence halls and apartments, and at all university sponsored events regardless of location. Tobacco use is also prohibited in all university vehicles or on any equipment owned, leased or operated by Wright State University. This policy applies to anyone on campus including students, faculty, staff, visitors, consultants, vendors, patients, volunteers, and contractor employees.
Wright State University serves nearly 18,000 students and offers more than 230 undergraduate, graduate, doctoral, and professional degree programs through eight colleges and three schools. Located in the city of Fairborn in Greene County, Ohio, Wright State is conveniently situated adjacent to Wright-Patterson Air Force Base and is less than 10 miles from downtown Dayton. One of our eight colleges, Wright State University–Lake Campus, is a university-operated regional campus on the shores of Grand Lake St. Marys in Celina, Ohio. The Wright State alumni community is more than 109,000 strong. For more information please visit www.wright.edu.