Associate Vice President for Finance
- Employer
- Kenyon College
- Location
- Ohio, United States
- Salary
- Salary Not specified
- Date posted
- Jan 12, 2022
View more
- Position Type
- Faculty Positions, Business & Management, Business Administration
- Employment Level
- Executive
- Employment Type
- Full Time
Associate Vice President for Finance
Reporting to the Vice President for Finance, the Associate Vice President for Finance has responsibility for the College’s accounting functions, and assists with the annual operating budget process as well as the College’s debt management program. Other major areas of responsibility include insurance and risk management, dining services, purchasing, and auxiliary services such as mail, vending, and laundry. The Associate Vice President for Finance serves as an Officer of the Corporation, with direct oversight of the Controller, Manager of Mail Services, Manager of the Bookstore and General Manager of the Kenyon Inn. Essential Functions of the PositionAccounting Department Oversight
• Supervises the Controller, who is directly responsible for all
Accounting functions including accounts payable, accounts
receivable,
student accounts, student loans, payroll, financial management of
grants, accounting for physical assets and any special
reporting
as needed. The Controller is also responsible for the preparation
of the audited financial statements.
• Works with the Controller in overseeing the accounting functions
for the Kenyon Inn, as well as the College’s related
organizations:
Philander Chase Conservancy, the Kokosing Nature Preserve, the
Kenyon Review, and the Gund Gallery.
• Serves as staff liaison to the Audit Committee of the Board of
Trustees.
Budget Management
• Works with the Vice President for Finance in coordinating the
development of each annual operating budget in conjunction with
the
Campus and Finance Committee of the Board of Trustees, other
members of Senior Staff, and members of the faculty and
administration.
• Helps develop other specific budgets as needed, e.g. the budget
for a new program under development, or the projected
operating budget for a proposed new facility.
• Works with the Vice President for Finance on financial
modeling.
• Works with the Vice President for Finance to evaluate the impact
of proposed budgetary changes.
• Works closely with the Director of Human Resources to help
evaluate the financial impact of various fringe benefit
programs.
Debt Management
• With the Vice President for Finance, serves as a liaison to the
underwriters, bond counsel, and College counsel, rating
agencies,
bond trustees and liquidity providers when debt is issued.
• Coordinates the preparation of Appendix A of the offering
circular, collects the necessary documentation for recovering
capital
expenses paid for with unrestricted funds and calculates the useful
life of the overall bond project.
• Monitors the requests for reimbursement from bond proceeds and
oversees post-issuance bond compliance.
Insurance and Risk Management
• Responsible for the acquisition of appropriate amounts of
property, automobile, and general liability insurance coverage for
the
institution.
• Contributes to the conversation affecting decisions and practices
where the College is exposed to risk of loss or litigation.
• Complies with the inspections and advise of insurer, local and
state officials, and trustees concerning policies, practices,
and
facilities.
• Manages the insurance reserve funds for premium deductible
expenses.
• Acts as liaison on behalf of the College for the coordination of campus dining entities, foremost of which is the contracted services
for the student board plan and catering services.
• Consults with, and directs if necessary, the management team on site with contracted dining service.
• Negotiates price and breadth of services provided by contracted dining service.
Purchasing
• Establishes and maintains college-wide purchasing procedures, implemented through the Purchasing Coordinator.
• Directly reviews and approves all purchases over departmental thresholds.
Auxiliary Services
• Oversees and supports the work of the Manager of Mail Services, the Manager of the Bookstore, and the General Manager of the
Kenyon Inn
• Negotiates price and breadth of vending and laundry services.
Key Qualifications and Competencies
Key Qualifications
• Be committed to the mission and expectations of a small, highly selective residential liberal arts college.
• Be competent in all aspects of financial literacy including accounting, financing capital projects and improvements, and budgeting.
• Be able to plan, develop, organize, implement, direct and evaluate the College’s fiscal functions and performance.
• Be able to work effectively with the College’s wide variety of constituents which includes, but is not limited to, Trustees,
administrators, faculty members, students, alumni, donors, community members and external service providers.
• Be a consensus builder.
• Possess a bachelor’s degree with a major in finance, accounting or a related field. Public accountant certification preferred.
Attributes
• Flexible yet decisive administrator
• Attentive listener
• Visible and present leader
• Collaborative colleague
• Skilled communicator
• Trusted partner
• Engaged community member
Get job alerts
Create a job alert and receive personalized job recommendations straight to your inbox.
Create alert