Vice President of Business and Finance / CFO

Vice President of Business and Finance / CFO Concord University, United States about 20 hours ago

Location:

Athens, WEST

VIRGINIA

Deadline:

; Posting Details Position Information Job Category Staff Position Title Vice President of Business and Finance / CFO Working Title Vice President for Business and Finance Scheduled Hours Per Week 37.5 FLSA Status Exempt Job Summary Job Summary The Vice President of Business and Finance & Chief Financial Officer (VPBF/CFO) will function as the senior officer overseeing the directors of various units within the Division of Finance and Business, including Grants and Sponsored Programs, Procurement, Accounting, and Contractual Services. The Vice President of Business and Finance & Chief Financial Officer (VPBF/CFO) ensures fiscal management and business operating standards are applied as best practices across the campus. The

VPBF/CFO

also serves as the Executive Director of the Concord University Research and Development Corporation, a separate nonprofit entity for which this position holds full fiscal and operational oversight. This responsibility is established in the Corporation's bylaws and is an essential component of the role. As a member of the President's Cabinet, the VPBF serves as a strategic partner to the President and University leadership, helping align institutional priorities, operational planning, and financial sustainability with the University's mission and long-term goals. The Vice President serves as a strategic partner to the President and Cabinet, helping to align institutional priorities, enrollment trends, operational planning, and financial sustainability with the University's mission and long-term strategic goals. The individual in this position will be responsible for developing and implementing strategies that support the University's mission, ensuring compliance with relevant regulations, and fostering an inclusive environment across the institution. In this role, the Vice President will act as the Chief Financial Officer and strategic business partner to the senior executive leadership team. Responsibilities include providing regular updates to the Board of Governors, engaging with the finance committee to develop short and long-term plans, and ensuring the accuracy of financial reporting for various stakeholders. The

VPBF/CFO

will assess the financial performance of the organization, identify and implement systems to enhance operational efficiency, and establish yearly financial objectives that align with the institution's growth plans. Additionally, the Vice President will mentor and develop a team of managers and directors, managing work allocation and performance evaluations to build an effective team dynamic. The position also encompasses financial management, budgeting, and forecasting responsibilities. The Vice President will prepare and present monthly financial reports, review financial results, and manage cash flow planning processes. They will oversee the accounting department, ensuring compliance with internal controls and financial procedures, and serve as a key point of contact for external auditors. The successful candidate will demonstrate the ability to build collaborative relationships across divisions, communicate effectively with diverse stakeholders, and lead within a dynamic public higher education environment. This role requires a collaborative and strategic leader with excellent communication skills, executive presence, and a proven track record in financial management, operational effectiveness, and institutional planning. Concord University seeks a mission-driven and student-centered leader who values transparency, collaboration, innovation, and continuous improvement in support of institutional effectiveness and student success. Applications received before May 29, 2026, will receive priority consideration; however, all submissions will be reviewed. Duties and Responsibilities Duty/Responsibility Supervise employees performing financial reporting, accounting, billing, collections, payroll, and budgeting duties. Provide oversight to areas of the University including but limited to accounting, internal control, procurement, office of sponsored programs, and contract oversight and administration for auxiliary enterprises including the bookstore and dining. Provides leadership, to business and financial services including financial planning and analysis, efficiency of operations, and achievement of the financial goals of the University. Coordinate and direct the financial planning, budgeting, procurement, and investment activities. Serve as the Executive Director of the Concord University Research and Development Corporation, providing fiscal oversight, operational leadership, and compliance management for this separate nonprofit entity as required by its bylaws. Maintains relationship with bond rating agencies and ensures ongoing compliance with bond covenants and reporting requirements. Prepare or direct preparation of financial statements, business activity reports, financial position forecasts, annual budgets, or reports required by regulatory agencies. Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed. Prepare budgets for approval, including those for funding or implementation of programs. Negotiate or approve contracts or agreements with suppliers, distributors, federal or state agencies, or other organizational entities. Coordinate the development or implementation of budgetary control systems, recordkeeping systems, or other administrative control processes. Create and establish yearly financial objectives that align with the institution's plan for growth and expansion. Participate in pivotal decisions as they relate to strategic initiatives and operational models. Maintain outstanding banking relationships and strategic alliances with vendors and business partners. Utilize forward-looking models and activity-based analyses to provide financial insight into the institution's plans and operating budgets. Oversee the preparation and timely filing of all local, state, and federal tax returns. Review all month-end closing activities including general ledger accounts, balance sheet accounts, and overhead cost allocation. Approve large payables, sign checks; authorize large wires and ACHs. Provide leadership in long-range financial planning, institutional resource allocation, and operational effectiveness initiatives that support enrollment growth and student success. Collaborate with academic and administrative leaders to evaluate financial implications of strategic initiatives, operational changes, and institutional priorities. Lead and support efforts to modernize business processes, strengthen operational efficiencies, and enhance data-informed decision making across the University. Other duties as assigned. % of Time 100 Education/Knowledge Minimum Education Master's Required Licenses/Certification A master's degree in business administration, accountancy, or finance from an accredited college or university; or the equivalent combination of education and experience. Certified Public Account (CPA) is preferred. A valid/current driver's license is required. Required Skills Strong organizational skills with an eye for detail. Highest level of ethics and integrity. Demonstrated commitment to inclusive leadership, operational excellence, and continuous improvement is required. Ability to relate across multiple organizational levels and constituencies. Outstanding communication and presentation skills. Excellent analytical, reasoning, and problem-solving skills. Significant experience working with external auditors, internal controls, and compliance-related issues. Strong people-relations skills and the demonstrated ability to relate effectively and productively to all constituencies within the University. Highly developed organizational skills with proven ability to multi-task. Demonstrated commitment to lead and manage change involving faculty and staff in positive and inclusive ways. Demonstrated ability to build collaborative relationships, foster trust, and communicate effectively with executive leadership, governing boards, faculty, staff, and external stakeholders. Knowledge of public higher education finance, budgeting, auxiliary operations, compliance, and strategic financial planning is strongly preferred. Required Experience Type of experience Needed Senior level experience in financial management Amount of Experience Needed (Months/Years) More than 5 years Type of experience Needed Experience working with external auditors, internal controls, and compliance-related issues. Amount of Experience Needed (Months/Years) More than 5 years Type of experience Needed Experience in public higher education, including budgeting, state appropriations, auxiliary enterprises, grants management, or board/government reporting environments. Amount of Experience Needed (Months/Years) More than 2 years Type of experience

Needed Preferred:

Progressive executive-level leadership experience in higher education finance, business operations, budgeting, or administration. Amount of Experience Needed (Months/Years) More than 5 years Posting Detail Information Close Date Open Until Filled Yes Additional Information Concord University is a public comprehensive university with a rich history as one of the oldest institutions of higher learning in West Virginia. Founded in 1872 as a state Normal School to prepare teachers, Concord University (CU) is a public, career focused institution located in rural southern West Virginia. Concord University (CU) offers talented individuals a wide array of fulfilling career opportunities from entry through academic or administrative professional levels. To maintain an outstanding talent pool, we employ individuals regionally, nationally, and internationally to attract top candidates. If you are looking for more than just a job, then I encourage you to browse our website and visit our job opportunities regularly. Learn more about Concord University and why it should be your first choice, not only for quality educational opportunities but also for exemplary employment. Applications will only be accepted through Concord University's online application site at jobs.concord/ . Review of applications will begin immediately and will continue until the position is filled. There will be a priority review deadline of 10 days from posting. Salary is commensurate with education and experience. Concord University is an Equal Opportunity/Affirmative Action Employer and encourages all qualified candidates to . We are committed to attracting and retaining quality faculty and staff. In doing so, Concord University offers outstanding benefit packages including: Work week of 37.5 hrs. Holidays

• Employees receive 13-14 Paid Holidays Annually Annual and Sick Leave
• Staff earn up to 24 days of annual leave per year (max 360 hours) and up to 18 days of sick leave per year. Health Insurance
• Concord University offers health insurance through West Virginia Public Employees Insurance Agency (PEIA). Tuition and Fee Waivers
• Professional development and education opportunities including tuition waiver program for employees, spouse, and eligible dependents. Retirement Plans
• TIAA's automatic retirement plan is a 401(a) plan into which six (6) percent of the employee's total salary is automatically withheld pre-tax and deposited into the employee's TIAA retirement account. The university matches the employees 6% contribution Life Insurance
• Basic term life insurance ($10,000) at no cost and may purchase optional life insurance coverage with pre-tax earnings.

Mountaineer Flexible Benefits. This is an IRS approved, tax free account that saves money on eligible health, medical, dental, and dependent care expenses. Annual Increment Pay Quick Link to Posting jobs.concord/postings/2615