Chief Financial Officer (CFO)
- Employer
- California State University, Fullerton
- Location
- California, United States
- Salary
- Salary Not specified
- Date posted
- Jun 7, 2023
View more
- Position Type
- Administrative, Business & Administrative Affairs, Financial Affairs
- Employment Level
- Executive
- Employment Type
- Full Time
Position Title: Chief Financial Officer (CFO)
Reports To: Executive Director
Payroll Classification: Salaried, Exempt
Starting Salary Range $145,000 - $200,000
Priority Filing Date: Open Until Filled
Essential Duties and Responsibilities:
Under the general supervision of the Executive Director of Associated Students Inc. (ASI) the Chief Financial Officer serves as the principal corporate administrator of ASI.
The Chief Financial Officer, a member of the ASI leadership team, is responsible, with the Executive Director and the ASI Board of Directors (BOD), for collaborative management, implementation, and oversight of ASI financial services, facilities, and organizational infrastructure. Specifically, the Chief Financial Officer provides leadership to the functional areas of accounting and finance, administration, and policy development, building engineering, information technology, internal audit, and other administrative functions.
The Chief Financial Officer collaborates with university colleagues to support ASI success. This position is delegated a high degree of responsibility, makes recommendations on fiscal policies and procedures and is responsible for supervising and implementing such recommendations upon approval. The Chief Financial Officer serves as ASI administrator in charge in the absence of the Executive Director and the Associate Executive Director.
Business Operations Responsibilities:
- Oversees the development and implementation of ASI's major
administrative and operational policies, procedures, and
projects.
- Works directly with Executive Director to effectively utilize
resources and staff by reviewing and assessing long and short-term
strategic planning objectives, operational policies, accounting
procedures, staffing levels, and general administrative
services.
- Interprets and educates staff and student leaders on ASI fiscal
policies, university policies, California Education Code, and
Nonprofit Corporate Code.
- Reviews and provides input and approval for all corporate
contracts, as delegated by the Executive Director.
- Meets regularly with department directors to ensure effective
management of daily operations. Provides direction and assistance
with financial impact of operations and recommends operational
adjustments to improve overall service delivery and financial
success.
- Recommends improvements to business processes and overall
functions of the organization to ensure best practices and sound
utilization of current technology.
Fiscal Responsibilities
- Directs and performs financial planning and review to meet
short and long-range corporate needs such as changes in
departments, facilities acquisition and development, equipment,
personnel, and programs that may have a major financial impact on
ASI; develops plans when necessary.
- Responsible for all cash management activity within the
organization to meet short and long-term financial requirements.
Examines and translates financial information related to specific
business decisions, reports on operating results, cash flow,
financial forecasts, restricted fund activities, investments, and
related issues.
- Examines investments and consults with appropriate staff and
investment managers regarding investment needs and maximization of
investment income. Makes investment recommendations to the
Executive Director and the Investment Committee of the Board of
Directors.
- Works closely with financial institutions, bond counsel,
underwriters, University and Chancellor's Office personnel, and
rating agencies to finance capital acquisitions. Negotiates
contracts as required. Ensures that ASI remains in compliance with
all requirements related to debt service covenants.
- Supervises and manages the accounting and finance department,
ensuring compliance with all federal and state laws, CSU system
requirements, ASI policy and procedures, and GAAP and GAS
standards.
- Participates in formulating and implementing financial and
administrative policies, objectives, and programs. Serves as a
consultant on financial issues for the Executive Director, Board of
Directors, management staff, and project personnel regarding
financial issues concerning the administration and operation of
corporate services and facilities; research issues for resolution
of problems; and develops recommendations regarding ASI operations,
taxes, policies, services, and operating guidelines.
- Oversees the multi-entity organization and consolidation of
entities for the annual audit. Provides financial support for all
required audit functions and ensures the corporation meets the
required deadlines for external, university, and Chancellor's
Office Audits.
- Prepares and manages the annual budget process for the
organization.
- Develops and manages a system of internal controls for sound
corporate financial management.
- In consultation with the Executive Director, establishes and
maintains sound fiscal records, policies, and
procedures.
- Monitors budgets and reviews financial standing with Controller
on a monthly basis, at minimum, within the context of the ASI
budget. Responsible for all issues within the overall operation of
the Finance and Accounting monthly activity and reporting including
payroll.
- Collaborates with and supports the ASI Assistant Director of
Corporate Affairs to ensure efficient and accurate administration
of the university's Instructionally Related Activities funds in
compliance with applicable university procedures.
- Responsible for the insurance renewal annually and review of
the coverage components. Participates in the AORMA training to
ensure coverage of operations and facilities is
adequate.
Internal Audit
Supervises the Internal Auditor who:
- Maintains a reporting relationship with the Executive
Director:
- Ensures ASI departments maintain compliance with management
directives, applicable statements of policy and procedures, and all
required university, CSU, and state guidelines.
- Reports any and all findings concerning weaknesses,
improvements, and corrections to Executive Director.
- Ensures audit work is planned, executed, and conducted in
compliance with the standards for the professional practice of
internal auditing as identified by the Institute of Internal
Auditors and applicable CSU standards.
Building Engineering
Supervises the Director of Building Engineering and Facility Planning who:
- Ensures the maintenance of all ASI facilities through the
effective management of the building engineering
department.
- Collaborates with university capital projects, construction,
design, and facility staff on all ASI facility projects and
upgrades.
- Coordinates capital construction activities for the purpose of
ensuring that all phases of construction project are completed
within specifications and with minimal interruption to personnel
and services.
Diversity, Equity, and Inclusion
- Support ASI's DEI plan in all services and
interactions.
Education, Work Experience Requirements and Abilities:
Education:
Bachelor's degree in accounting, Business Administration, Public Administration or related field from an accredited four-year college or university.
Master's degree in accounting, Business Administration, Public Administration, or related field from an accredited four-year college or university is preferred
CPA preferred.
Experience:
Substantive experience in financial affairs in a non-profit organization. Minimum of ten years of progressively responsible accounting and operational experience in the coordination of business and financial affairs within a non-profit setting. Minimum of seven years supervisory/managerial experience. Experience in identifying, analyzing, and developing solutions to financial and business-related problems.
Knowledge, skills and abilities:
- Demonstrated ability to work with ethnically diverse and culturally pluralistic student body and staff.
- Demonstrated ability to lead during change and to create collaborative working relationships.
- Excellent oral and written communication skills.
- Ability to motivate and work closely with college students.
- Demonstrated ability to utilize current industry standard software and applications.
- Non-profit and operations management preferred.
- Strong organizational skills and capable of multitasking.
- Ability to establish and maintain effective and cooperative work relationships within a diverse campus environment.
- Addressing others by name, title or other respectful identifier and respecting the diversity of our work force in actions, works and deeds.
- Addressing problems and issues constructively to find mutually acceptable and practical business solutions; and
- Respecting the diversity of our work force in actions, works, and deeds.
Core Competencies
- Governance, Risk and Controls
- Leadership and Management
- Communication Skills
- Ethics and Professionalism
- Staff Development and Team Building
- Strategic Planning and Execution
- Financial Planning and Analysis
- Financial Reporting
- Process Improvement
- Budget Planning/Administration
Additional Requirements:
Typical Working Conditions
Work performed in a temperature-controlled office environment. Maintain and deal with a wide variety of public contacts including campus officials, members of the Board of Directors, staff, students, and campus community.
Special Requirements:
- Upon hire employment history, criminal, and employment background check will be completed.
- First Aid and CPR Certification within six (6) months of employment.
- Required to be a Mandatory Reporter and sign ASI Mandatory Reporter Form.
To apply: https://fullerton.hire.trakstar.com/jobs/fk025tl?source=jobelephant
jeid-ab12fef5164fab4494398214d616f16d
Get job alerts
Create a job alert and receive personalized job recommendations straight to your inbox.
Create alert