A Vice President or Director of Finance manages the daily financial activities of a company or organization. Oversees accounting, bookkeeping, accounts receivables and payables, and financial administration.
Under limited supervision plans, develops and supervises the University's overall financial management system.
Examples of Duties Duties and Responsibilities:
Reports to the Senior Vice President for Finance & Administration and supervises the work of General Accounting, Accounts Payable, Payroll, Grants & Contracts Accounting, Office of Student Accounts, Cashier's Office, and the ID card office. Coordinates with the Budget Office regarding the preparation and revision of annual and long-range budgets for presentation to the Senior Vice President for Finance & Administration, the President, and the Board of Trustees. Ensures that approved University expenditures are properly controlled within the limits of approved budgets. Supervises the maintenance of all accounting records and bank accounts, and the receipting and disbursing of all University funds. Coordinates with all directors of programs supported by restricted funds to ensure the proper management of all such funds. Supervises the receipting and accounting of all funds received by the University from students, donors and from the operation of its auxiliary enterprises. Coordinates with internal and external auditors, financial planners and consultants regarding appropriate financial management and budgetary practices and procedures. Supervises the University's programs of cash management, investment management and credit risk management. Performs any other duties that may be assigned by the Senior Vice President for Finance & Administration. Typical Qualifications Minimum Position Requirements (including certifications, licenses, etc.): A master's degree in accounting, finance, or business administration, or related area OR certification as a Certified Public Accountant, and five years of experience in college or university accounting, financial management or business management.
Supplemental Information Essential Functions:
Extensive knowledge of the principles, theories and practices of accounting, auditing, budgeting and financial management. Ability to design, implement and evaluate new accounting and financial management procedures. Ability to prepare and analyze budgets and complex financial statements. Ability to supervise professional and clerical employees. Well-developed skills in written and oral communication. Experience in higher education is preferred.
