Job Description

Posting number: 08592

Department: SNEAD-602010-Fiscal Management

Job classification: Chief Financial Officer

Posting type: Open

Categories: Accounting and Finance

Summary

The Chief Financial Officer is responsible for providing comprehensive financial leadership, oversight, analysis, and stewardship for the College. Particular emphasis shall be placed on the appropriate and conservative stewardship of public funds, the maintenance of effective internal controls, the accuracy and integrity of financial reporting, the long-term financial sustainability of the institution and the daily supervision and administration of the Business Office including all fiscal affairs of the college.

The Chief Financial Officer (CFO) reports to the Vice President for Finance and Administration and serves as the key financial leadership partner in the planning, management, oversight, and stewardship of the College’s financial resources.

Internal Posting- This position is posted in compliance with Alabama Code §16-22-15. It is the intent to place a current employee in this position.

Examples of duties

• Supervise accounting and finance departments, and provide proper Leadership and Management to employees to meet departmental and college goals.Establish departmental goals and performance expectations.Develop, monitor, and report for financial services of the college, including establishing proper procedures, internal controls, reports, and reconciliations.Develop budgets, forecasts, and long-term financial strategies; analyze financial data to guide decision-making. Ensure accurate preparation of income statements, balance sheets, and regulatory reports.Monitor cash flow, manage assets, and optimize capital structure to support operational and strategic goals.Monitor and advise on college investment portfolio for appropriate college funds. Seek inventment opportinities from various banks and/or financial institutions and make recommendations for maximum returns adhering to all SAFE restrictions and regulations.Organize and direct execution of tasks performed by employees in accounting, budgeting, accounts payable, receivables, collections, and inventory control. Required to perform duties in areas of responsibility in employees’ absences and during peak activity periods.Responsible for preparation of annual financial statement, annual expense report, annual budget and required budget amendments.Responsible for the integrity of the financial records and reports, including: Analyzing financial data, preparing and keying journal vouchers, monitoring and keying budget revisions, maintaining charts of accounts, maintaining accounts receivable transaction file, reconciling bank accounts and reconciling control and subsidiary accounts.Reports include but are not limited to monthly, quarterly, and annual federal reports; applications for federal, state, and private grants and contracts; and manual and electronic requests for funds.Responsible for SACSCOC compliance and specialty accreditation compliance of all programs / services in assigned division / department.Serve as the college Chief Financial Officer, coordinating audits by State Examiners of Public Accounts and federal and state granting and contracting agencies.Maintain knowledge of and implement accounting and internal control practices applicable to higher education with an emphasis on Generally Accepted Accounting Principles, Governmental Accounting Standards Board pronouncements, NACUBO requirements and state and federal regulations.Identify financial risks, emerging issues, and opportunities and communicate them appropriately to executive leadership.Maintain awareness of changes in laws, regulations, accounting standards, and reporting requirements affecting the College.Serve as the primary financial liaison for external auditors.Foster a customer service environment for fellow employees, students, and visitors. Be an Ambassador for the College. Support the college’s initiative to maximize retention of current students and enable students to finish their collegiate goals.Provide financial leadership and advice to the President, Vice President for Finance and Administration, Cabinet, executive leadership, and other administrators as appropriate.Comply with all policies of the Alabama Community College System Board of Trustees, the ACCS Chancellor’s Office, and the College.Participate in College functions (Award and Honor events, Alumni Homecoming, Commencement, etc.).Assume other work related responsibilities as assigned by the appropriately assigned College administrator.Effective oral and written communication skillsAbility to develop and monitor budgetsUnderstanding of the mission and purpose of a community collegeWillingness to a work flexible scheduleWillingness to travel as requiredAbility to work with minimal supervisionAbility to project a positive public imageServe on various college administrative committees as appointed

Qualifications

The Chief Financial Officer must have a minimum of a bachelor’s degree in business administration or a related field. A minimum of three years of experience in higher education accounting and reporting preferred.

Supplemental information

Based on Alabama Community College System Board of Trustees Local Salary Schedule B

This position is not on the tenure/non-probationary track pursuant to Alabama Act 2024-360 and ACCS Policy and Procedure 204.01, wherein any person who is being employed into an executive and administrative management personnel position (whether a new hire or whether a current employee who is being transferred, reorganized, or otherwise moved into such position) shall enter into an employment contract with the College’s President on or after July 1, 2024.

A complete application packet consists of:

1. A completed SSCC employment application
2. Current resume
3. Transcripts verifying required degree/certification (unofficial copies will be accepted before the deadline but official transcripts from all colleges must be on file prior to employment). Transcripts must include conferred or awarded date. If you have problems completing your application or need assistance, please contact Human Resources Department at Snead State email HR@Snead.edu (Amy Simmons 256-571-0607 or Amanda Gunnels 256-840-4113).

Please Note: all application materials must be scanned. It is recommended that you have scanned copies of your resume, transcripts, and any other documents ready when you begin the on-line application process. Application materials may not be faxed or emailed. It is the policy of the Alabama Community College System, including all postsecondary community and technical colleges under the control of the Alabama Community College System Board of Trustees, that no employee or applicant for employment or promotion, on the basis of any impermissible criterion or characteristic including, without limitation, race, color, national origin, religion, marital status, disability, sex, age, or any other protected class as defined by federal and state law, shall be excluded from participation in, be denied the benefits of, or be subjected to discrimination under any program, activity, or employment. Our Community College is also an Equal Opportunity Educator. It is the policy of this College that no student or other person because of age or race/color, national origin, sex, religion, disability, or the like shall be excluded or limited from participation in or be denied the benefits of any college program or activity. Snead State Community College will make reasonable accommodations for qualified disabled applicants or employees. Applicants must adhere to the College’s prescribed interview schedule and must travel at their own expense. The College reserves the right to withdraw this job announcement any time prior to the awarding. More than one position in the same job classification may be filled from the applicants for this position should another vacancy occur during the search process. Note: In accordance with Alabama Community College System policy and procedures, the applicant chosen for employment will be required to sign a consent form for a criminal background check. Employment will be contingent upon the receipt of a clearance notification from the criminal background check. Snead State Community College is an active participant in the Employment Eligibility Verification Program (E-verify). E-verify electronically confirms an employee’s eligibility to work in the United States as required by the Department of Homeland Security.