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Associate VP for Finance and Controller

Employer
North Arkansas College
Location
Arkansas, United States
Salary
$75,000.00 - $90,000.00
Posted Date
May 2, 2022

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Position Type
Administrative, Business & Administrative Affairs, Financial Affairs
Employment Level
Administrative
Employment Type
Full Time
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Job Summary

The Associate Vice President for Finance & Controller (AVPF) reports directly to the Vice President for Finance & Administration (VP/CFO), who is the chief fiscal & administrative officer of the College.  The AVPF serves as the lead accounting and compliance official for the College and works to ensure that core financial processes are maintained, and to promote the highest standards of accountability, transparency, integrity, support, and service. The AVPF serves as Controller and manages all aspects of the College’s accounting activity, maintaining a system of internal controls that will ensure adequate safeguarding of College assets, and providing for preparation of all financial reporting in compliance with College policies and procedures, governmental regulations, Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) requirements.  The AVPF is also responsible for assisting the VP/CFO with (a) financial and administrative planning, analysis, and reporting; and (b) direction of the College's comprehensive business areas and financial functions, including but not limited to employee payroll and benefits, procurement, investments, banking and cash management, debt service and bond financing, student accounts receivable, insurance and risk management, auxiliary services, grants financial management, fixed assets, regulatory compliance, component unit accounting, and internal/external audit.

 

Essential Job Functions

  • Maintain a robust and reliable system of accounting technology, tools, controls, processes and procedures that will ensure accurate, detailed accounting records in support of all College operating, managerial, and compliance needs.
  • Coordinate the flow of financial data through automated systems or other means, culminating in accurate and timely periodic and interim financial statements and reports, in accordance with GAAP/GASB, as required by the Board of Trustees, internal management, external stakeholders, and other government and educational agencies.
  • Provide supervision and leadership for assigned accounting and finance staff, including oversight of professional development, annual evaluations, and personnel/policy recommendations.
  • Direct and monitor the College’s banking, cash management and debt service arrangements, liquidity position, and investment activities.
  • Monitor and provide for the correct assessment, collection, and depositing of all tuition, fees, and other monies due to the college, and the correct disbursement of college funds.
  • Serve as primary liaison to the external audit team and the state Department of Finance & Administration, responding to information requests and ensuring timely, accurate completion of all audit schedules and responses to audit reports and other inquiries.
  • Attend College Leadership meetings as needed, collaborate with other senior leaders in shaping operational and strategic plans, and serve on other committees as appropriate.
  • Provide assistance, consultation and analyses to the VP/CFO on a wide range of fiscal and operational matters, including financing special projects, bond issues, progressive development of policies and procedures, and implementation of best practices for improved efficiencies and effectiveness.
  • Perform other additional duties assigned by the Vice President for Finance & Administration.

 

Education and Experience Qualifications

Required:           

Bachelor’s degree in Accounting (or Business with an accounting emphasis) from an accredited program, with at least five years of progressively responsible full-time experience in financial, accounting, and/or auditing roles, including significant experience in the use and administration of automated accounting systems, financial reporting, computer and web-based applications/software/tools, and supervision of staff within complex organizations.

Strongly Desired/Preferred:       

  • Masters or other advanced degree in Accounting, Finance or Business and/or professional certification(s) in accounting such as CPA, CMA, CGMA.
  • Experience in higher education financial/accounting administration, including knowledge of fund accounting and higher education accounting principles.
  • Working knowledge of higher education ERP (integrated financial accounting software) systems.
  • Experience working within programs and systems of Arkansas state governmental bodies and agencies, and/or other state or federal entities.
  • Well-developed capabilities and experience in financial auditing and analysis.
  • Excellent oral, aural, and written presentation and communication skills.
  • Demonstrated ability to work effectively as a team member and interact effectively with employees and students.
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