Chief Financial Officer

Posted Yesterday
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08069, Penns Grove, NJ, USA
In-Office
123K-184K Annually
Senior level
Edtech • Professional Services
The Role
Provide executive leadership for College finance, campus operations, IT, purchasing and central services. Oversee budgeting, auditing, accounting, investments, payroll, compliance (GAAP/GASB/AICPA), long-range financial planning, external audits, and reporting to the President and Board. Manage teams, drive process improvements, support fund development, and ensure institutional effectiveness reporting. Serve on executive staff and perform related duties.
Summary Generated by Built In

Role: 

Provides leadership for the organization, administration, and planning of all financial services of the College, Campus Operations and Information Technology.  


Major Duties and Responsibilities: 

  • Supervises all personnel in the finance, purchasing, campus operations, IT, Central Services and finance departments.   

  • Provides leadership for College-wide financial planning and for aligning budgets with established institutional goals and strategic plans. Oversees and directs all budgeting, audit, accounting, tax-related, purchasing, real estate and insurance activities for the College, and related long-range forecasting.  Responsible for (1) long-range financial planning and budget planning and development; (2) management of fiscal resources; (3) compliance with financial laws, regulations, GAAP, GASB, and AICPA guidelines; (4) cash and investment management; (5) student accounts. 

  • Works with other colleges and college related areas for fund development. 

  • Maintains procedures, systems and records to support all necessary accounting controls, reports and services, and properly manages the custody of funds, investments, and other assets of the College. 

  • Monitors general economic, business, and financial conditions and their impact on the College’s policies and operations.  Oversees the continuous improvement of accounting and financial processes and the development of the team with the goal to achieve best practices and optimal output. 

  • Regularly updates the President and the Board of Trustees on the College’s financial position and outlook, and on other administrative matters.  

  • Responsible for Middle States reporting on outcomes and institutional effectiveness with regards to all areas of supervisory responsibility. 

  • Oversees the payroll function ensuring efficient systems, processes and controls. 

  • Oversees the external audit, reviews and analyzes results and recommends for approval the audited financial statements.  Prepare the financial section of the annual report. 

  • Serves on President’s Executive Staff and Senior Staff. 

  • Performs all other related duties as assigned. 

Qualifications
Knowledge and Skills: 
 
Experience    
Experience in higher education. Minimum of five years senior management experience in some or all of the administrative areas of responsibility including proven leadership, excellent organizational and fiscal management skills; demonstrated experience using information technology in business applications; and strong interpersonal and communications skills 
.  
Education          
Master’s degree in finance-related field. 
 
Interpersonal Skills    
Ability to work effectively with faculty, administrators, staff and external constituencies. 
 
Technical Skills    
To perform this job successfully, an individual should have experience with the productive use of Enterprise Resources Planning Systems, and Financial Management Software systems. 
 
Other Skills  
 Excellent written and oral communication skills.  Strong analytical and planning skills at all levels.  Demonstrated leadership skills in varied business and planning environments.  Ability to utilize data in decision-making.  Strong budget planning and effective financial analysis skills.  Proven experience in the establishment and implementation of a comprehensive human resources system.  Valid driver's license is required to facilitate travel between campuses and to off-campus meetings with college business partners government officials, and colleagues from other institutions. 
 
Physical Requirements    
The work is mostly sedentary; however, there may be some walking, standing, bending, carrying of light items, driving an automobile, etc.  No special physical demands are required to perform the work. 
 
Work Environment    
Regular exposure to favorable conditions such as those found in a normal office. 

This Job Description is not a complete statement of all duties and responsibilities comprising this position. 

Skills Required

  • Experience in higher education
  • Minimum of five years senior management experience in relevant administrative areas
  • Master's degree in a finance-related field
  • Proven leadership and strong organizational and fiscal management skills
  • Demonstrated experience using information technology in business applications
  • Experience with Enterprise Resource Planning (ERP) systems and Financial Management Software
  • Knowledge of GAAP, GASB, and AICPA guidelines and regulatory compliance
  • Experience overseeing budgeting, audit, accounting, tax, purchasing, real estate and insurance activities
  • Strong written and oral communication and interpersonal skills
  • Ability to work effectively with faculty, administrators, staff and external constituencies
  • Valid driver's license for intercampus and off-campus travel
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The Company
350 Employees

What We Do

Salem Community College is a public, two-year institution in southern New Jersey offering associate degrees and certificates in over 40 programs, aiming to empower students for transfer and workforce readiness.

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