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VP of Finance and Administration- Chief Financial Officer

Connecticut State Colleges and Universities
Connecticut, United States
Salary Not Specified
Posted date
Oct 18, 2021

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Position Type
Faculty Positions, Business & Management, Accounting & Finance, Administrative, Business & Administrative Affairs, Financial Affairs, Chief Business Officers & Vice Presidents, Student Affairs, Financial Aid, Executive, Other Executive
Employment Type
Full Time
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Posted: October 15, 2021
Level: Executive 3
Hours: Full-time, 40 hours per week
Job Posting #: CSCC 21- 29
Closing Date: Applications must be submitted by 5:00 pm (EST) on Friday, October 29, 2021


CT State Community College
Hartford, CT

CT State Community College Mission:

Connecticut State Community College (CT State) provides access to academically rigorous and innovative education and training focused on student success. The College supports excellence in teaching and learning, makes data-informed decisions, promotes equity, advances positive change for the students, communities, and industries it serves, and awards associates degrees and certificates.

CT State Community College Vision:

CT State will be recognized for exceptional student success, educational leadership, and transformative collaboration with business and industry, government, educational, and key stakeholders while advancing diverse opportunities for Connecticut’s citizens and communities.

Anticipated Start Date:

December 2021

Position Summary:

The VP of Finance and Administration/ Chiel Financial Officer (CFO) provides operational and financial leadership to the CT State Community College. The CFO will develop and maintain the strategic and tactical financial structures, controls, and processes necessary to manage the college in conformance with accreditation standards and industry best practices. The CFO will be responsible for budget management, cost analysis, forecasting needs, and the securing of new funding for ongoing operations and/or capital improvements.

Incumbents must possess a proven ability to effectively work with a culturally, linguistically, and ethnically diverse faculty, staff, and student. They are expected to have excellent oral and written communication skills along with strong Information technology literacy skills such as Microsoft Office (Word, Excel, Outlook, Teams, etc.)

Minimum Qualifications:

Bachelor’s degree in a related field 8 or more years related experience and/or training, or equivalent combination of education and experience.

Successful Candidate must have or must possess:

  • Knowledge of budget practices and accounting standards related to not for profits/ colleges/ universities and federal, state, and local laws and regulations are strongly preferred
  • Proficient in complex accounting systems and possess a strong understanding of the use and potential of technology in the area of financial management
  • Leadership in internal communications with staff at all levels throughout the organization, system CFO, union leaders, and government officials; creating and promoting a positive and supportive work environment
  • Ability to think strategically and implement strategies.

Substitutions Allowed:

Applicants who do not meet the minimum qualifications as stated are encouraged to put in writing precisely how their background and experience have prepared them for the responsibilities of this position and by providing appropriate references. Exceptions to the degree requirements may be made for compelling reasons.

Preferred Qualifications:
  • Master’s in Business Administration, Master’s in Public Administration, Certified Public Accountant, or equivalent degree or experience is required.
  • Experience with higher education budgeting.
  • Experience with government and legislative bodies and understanding of the advocacy for operational and capital funding.
Example of Job Duties:

The VP of Finance and Administration/Chief Financial Officer (CFO) reports directly to the President of the CT State Community College. All financial staff as well as the AVP of Information Technology and the CT State Chief of Police report to this position. The CFO works with the system CFO to support financial reporting and to carry out system-wide financial policies and initiatives at the direction of the Board of Regents. The incumbent will support presentations to the board finance and audit committees, working closely with the senior leadership team. The incumbent will represent the college in the management of shared administrative services being undertaken by the CSCU system, ensuring that necessary services are in place and that service levels are appropriately established and maintained. Incumbents are required to have advanced knowledge and abilities in the following:

  • Accountable for the design and structures for administration of financial operations of the College, including the development of a financial/operational strategy.
  • Creating and improving on processes for the new College using continuous process improvement or lean tools, including working with regional finance staff and twelve associate deans of business operations throughout the campuses
  • Responsible for accounting, accounts receivable, accounts payable, budget management and control, bursar, student aid disbursement, budget preparation, financial information systems, credit management, collections, and fiscal and strategic planning.
  • Interface with outside audit firms(s), vendors, state agencies, credit card companies, and collection agencies.

This posting includes qualifications, experience, and skills but is not limited to the full specifications stated in the job description.

Starting Salary:

$162,893 approximate annual plus excellent State of CT medical insurance, retirement, and related fringe benefits. Salary Range for this level is $162,893-$244,339.

Application Instructions:

Submit a cover letter, resume, and a copy of the Official College Transcripts.

Incomplete applications or those submitted after the closing date will not be considered and links to other sources to view resumes are not acceptable.

All employment, if offered, is contingent upon proof of citizenship or employability under the requirement of the Immigration and Control Act (IRCA) and the successful passing of a background check. CSCU is committed to providing a safe campus community. Background investigations include reference checks, a criminal history record check, and, when appropriate, a financial (credit) report or driving history check.

Prior to extending an offer of employment, the finalists for state employees must prove that they (1 )are fully vaccinated against COVID-19; (2) have received the first dose and has either received a second dose or has an appointment for the second dose in a two-dose series vaccination, such as Pfizer or Moderna vaccines, or has received a single-dose vaccine, such as Johnson & Johnson’s Janssen vaccine; or (3) have applied for an exemption from this requirement because a physician, physician’s assistant, or advanced practice registered nurse has determined that the administration of COVID-19 vaccine is likely to be detrimental to their health, or the finalist objects to vaccination on the basis of a sincerely held religious or spiritual belief. Each application for an exemption will be considered on an individualized, case-by-case basis, and any applicant for an exemption must provide appropriate supporting documentation if requested. Executive Order

Continuing Notice of Nondiscrimination

CSCC does not discriminate on the basis of race, color, religious creed, age, gender, gender identity or expression, national origin, marital status, ancestry, present or past history of mental disorder, learning disability or physical disability, veteran status, sexual orientation, genetic information or criminal record. The following persons have been designated to handle inquiries regarding the non-discrimination policies: Nicholas D'Agostino Manager of Affirmative Action, Diversity, and Inclusion


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