Director of Finance

Posted 4 Days Ago
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Chicago, IL, USA
In-Office
150K-181K Annually
Senior level
Edtech • Healthtech
The Role
The Director of Finance leads the institution’s finance function and team, overseeing annual budgeting, forecasting, capital planning, financial reporting, variance analysis, modeling, tuition pricing, and strategic planning. The role supports executive and institutional leaders, develops financial policies and processes, evaluates investments and initiatives, presents five-year plans to the Board, and drives continuous improvement. Strong leadership, analytical, communication, and staff development capabilities are required.
Summary Generated by Built In
Company Description

About Covista

Covista (NYSE: CVSA) is America's largest healthcare educator, serving 100,000 students and supported by a community of 400,000 alumni across five accredited institutions. Through personalized, tech-enabled education powered by 10,000 faculty and colleagues, Covista expands access to healthcare careers and addresses the U.S. healthcare workforce shortage at scale. Covista is the parent company of American University of the Caribbean School of Medicine, Chamberlain University, Ross University School of Medicine, Ross University School of Veterinary Medicine and Walden University.

Our colleagues come from a wide range of backgrounds, business, academia, healthcare, government and nonprofits, and are part of a culture where doing exceptional work and making a meaningful difference for students and society aren't separate goals—they're one and the same. This means creating an environment where colleagues can develop new skills, build careers that match their ambitions and see the tangible impact of their work on healthcare education and workforce development. Colleagues who deliver results and embrace new tools to work smarter are valued for their contributions. But what makes working at Covista distinctive is our impact. Our faculty and colleagues don't just support healthcare education—they shape it. This isn't abstract purpose work. It's solving real problems for real people in real communities while advancing careers.

We operate on a hybrid schedule with four in-office days per week (Monday–Thursday). This approach enhances creativity, innovation, communication, and relationship-building, fostering a dynamic and collaborative work environment.

For more information, visit covista.com and follow us on LinkedIn, Instagram and YouTube.

Job Description

Opportunity at a Glance
The Director of Finance plays a key role in the financial management and growth, of the organization. The individual directly supports the Vice President of Finance and manages the finance team. The individual is responsible for providing vision, leadership, and management of the financial and strategic planning processes, and guiding teams to implement the identified objectives.

Responsibilities

  • Responsible for the overall finance function for the institution, and leading a team to accomplish the following:
  • Development and submission of annual operating budgets and mid-year forecasts, including capital.
  • Creating timely, detailed, and accurate analysis of monthly actual results to budgeted results, financial reports, and financial trends.
  • Develop metrics or models to improve business operations, budgeting and forecasting process.
  • Perform financial analysis and modeling to identify resource and investment alternatives- Provide financial support to campus, online and home office leaders.
  • Leads annual tuition pricing recommendations which includes analysis, research and making recommendations to executive management.
  • Leads the development of analysis or other special projects to support strategic and executive management decisions as assigned by the Vice President and/or President.
  • Leads analysis of past trends and future demand; proposes strategic direction, provides thought leadership and engages senior leadership and other influencers as needed.
  • Responsible for delivering the 5-year strategic plan with supporting detail and financials to Board of Trustees and executive leadership.
  • Creates, implements, and enforces financial policies and procedures to improve overall operations and effectiveness of the College.
  • Evaluates and advises management on the impact of short-term and long-range initiatives and plans.
  • Ensures continuous improvement of all financial processes.
  • Works with cross-functional and cross-institution project teams to solve business problems.
  • Partners with strategy team(s) on the prioritization of strategic initiatives and evaluates investment opportunities for strategic and financial value.
  • Completes other duties as assigned.
  • Performs other duties as assigned
  • Complies with all policies and standards

Qualifications

  • Bachelor's Degree in Finance or related field required.  
  • MBA required.
  • 7 years financial planning & analysis experience required.  
  • Previous consulting, higher education, or healthcare experience preferred.  
  • Superior quantitative and qualitative analytical skills combined with outstanding written and verbal communication skills required.
  • Demonstrated management and supervisory experience required, with proven success in talent development.
  • Advanced Excel, PowerPoint and secondary research skills needed.  Ability to synthesize and clearly articulate information is a must.
  • Excellent leadership and management capabilities to train and develop staff.

Additional Information

In support of the pay transparency laws enacted across the country, the expected salary range for this position is between $150,171.61 and $181,034.70. Actual pay will be adjusted based on job-related factors permitted by law, such as experience and training; geographic location; licensure and certifications; market factors; departmental budgets; and responsibility. Our Talent Acquisition Team will be happy to answer any questions you may have, and we look forward to learning more about your salary requirements. The position qualifies for the below benefits.

Covista offers a robust suite of benefits including:

 

  • Health, dental, vision, life and disability insurance
  • 401k Retirement Program + 6% employer match
  • Participation in Covista’s Flexible Time Off (FTO) Policy
  • 12 Paid Holidays

For more information related to our benefits please visit:  https://careers.covista.com/benefits

​​​​​​​You are also eligible to participate in an annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

 

Equal Opportunity – Minority / Female / Disability / V / Gender Identity / Sexual Orientation

 

Skills Required

  • Bachelor’s degree in Finance or a related field
  • MBA
  • At least 7 years of financial planning and analysis experience
  • Superior quantitative and qualitative analytical skills
  • Outstanding written and verbal communication skills
  • Demonstrated management and supervisory experience
  • Proven success in talent development
  • Advanced Microsoft Excel skills
  • Microsoft PowerPoint skills
  • Secondary research skills
  • Leadership and management capabilities to train and develop staff
  • Previous consulting, higher education, or healthcare experience
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The Company
HQ: Chicago, IL
10,000 Employees
Year Founded: 1973

What We Do

Covista is America's largest healthcare educator, operating five accredited institutions to expand access to healthcare careers and address workforce shortages.

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