Chief Financial Officer
Company: San Francisco Bay University
Location: Fremont
Posted on: October 23, 2024
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Job Description:
Chief Financial Officer San Francisco Bay University Category:
Staff Type: Full Time Min. Experience: Executive Salary: $240,000 -
$280,000 About San Francisco Bay University: San Francisco Bay
University (SFBU), a nonprofit, WASC-accredited, university
situated in the heart of Silicon Valley in Fremont, California,
seeks an experienced Chief Financial Officer. SFBU's mission is to
offer inclusive, innovative, and inspirational education for
lifelong careers and our vision is to set the standard as a
national model of higher education in service of the common good.
At SFBU, students come first. We prioritize students' needs by
fostering personal engagement among students, faculty, and staff.
We are committed to providing affordable quality education with a
deep commitment to diversity, equity, inclusion, and social
justice. Our professors are accomplished professionals who provide
real-world experience in the classrooms to enhance the learning
experience and prepare students for future careers. Our student
body is reflective of the rich cultural diversity of the world,
supported by a dynamic and inclusive learning environment.
Moreover, our university captures the vibrancy of Silicon Valley.
SFBU is in growth mode and we are looking to make a difference in
our communities by enhancing access to affordable education for all
students. We encourage you to learn more about SFBU by reviewing
our strategic plan at. Position Overview: The Chief Financial
Officer (CFO) reports directly to the university president, with a
dotted line to the chief operating officer, and has a broad range
of responsibilities for finance and business operations. The CFO is
also an institutional officer under the corporate bylaws and
reports to the President, serving as a key advisor and strategic
thought partner to the president, chief operating officer, and
leadership team. The CFO is responsible for the financial
management of the university, including financial reporting, cash
and investments management, budgeting, forecasting, audit, tax, and
financial analysis. The CFO is also responsible for overseeing the
university's risk management and compliance functions, ensuring
that all financial activities align with legal, regulatory, and
operational requirements. Essential Duties and Responsibilities:
Develop and maintain long-range nancial plans. Collaborate closely
with the president, president's cabinet, and division leaders to
align strategic, operational, and nancial planning with special
attention to the connection between enrollment and net tuition
revenue. Provide nancial analysis and support to the university's
leadership, and serve as a key advisor on nancial issues and
decisions that impact the institution. Serve as liaison to the
Finance and Investment Committee, Audit Committee, of the Board of
Directors. Develop the nance and accounting team by determining key
roles, recruiting and retaining top talent, and equipping the team
with the resources to perform their jobs. Develop, implement, and
maintain nancial policies and procedures to ensure the nancial
stability of the university. Ensure that nancial internal controls
are in place for the university. Oversee management of the
university's nancial systems, including the general ledger. Oversee
the preparation of nancial statements and reports, including
monthly, quarterly, and annual nancial statements. Manage the
university's budgeting process, including coordination with
division leaders to ensure alignment with central budget planning.
Manage the university's cash ow and investments, including
compliance with investment policies and strategies. Provide overall
monitoring of the Investment Advisors ensuring conformity with the
contract terms. Oversee any short- or long-term borrowings. Ensure
compliance with all relevant laws and regulations and required
reporting, including tax laws, accounting standards, nancial
reporting requirements Oversee preparation for external nancial,
governmental, and other audits conducted on an annual or periodic
basis. Address ndings and implement necessary changes. Coordinate
with the chief operating officer in managing the university's real
estate asset portfolio. Coordinate with the Chief Operating Ofcer
on nancial planning for capital projects, maintenance, and renewal
of the university's facilities. Oversee the university's risk
management and compliance efforts, ensuring adherence to regulatory
requirements and internal policies, monitoring of key risk
indicators, and implementation of mitigation plans Participate in
professional development to maintain current knowledge and skills
in all areas of responsibility. Supervise the Compliance Officer
and Controller (with a dotted line to Accountants, Associate
Director of Student Aid, and Bursar) by providing mentorship,
managing performance, and fostering a collaborative work
environment. Minimum Qualifications Bachelor's degree in nance,
accounting, or a related eld. 10+ years of experience in nancial
management, preferably in a higher education setting. 5+ years of
experience in a senior management or executive role. Technical
uency with Microsoft Ofce Professional Suite, and Google mail and
calendaring programs. Preferred Qualifications Master's degree in
nance, accounting, or related eld. CPA or CMA certication
Experience in a senior nancial management role in a higher
education setting Experience with departmental development
Experience with Salesforce and/or Sage Intacct. Knowledge, Skills &
Abilities Knowledge of non-prot higher education nance including
working familiarity with FASB and GAAP accounting standards,
non-prot duciary duties, and student revenues including tuition
discounting and federal Title IV nancial aid. Skill in leadership,
change management, and collaborative problem solving. Skill in
strategic nancial planning, analysis, and modeling skils in complex
analytical thinking. Knowledge of relevant regulations and
compliance issues, which is crucial for maintaining corporate
governance. Excellent communication skills, including the ability
to communicate technical nancial concepts and information to
general audiences. Knowledge of nancial management software and
systems. Skill in developing nancial policies and procedures that
are clear, user-friendly, and promote a strong control environment.
Ability to adopt an entrepreneurial mindset and assume
responsibility for contributing to SFBU's growth. Cultural
competence and ability to work effectively with diverse
constituencies in a diverse community. Salary: $240,000 - $280,000,
depending on experience. Application Materials: Current CV/resume.
Letter of interest that attends to the responsibilities noted in
the position profile and describes your leadership approach, and
commitment to diversity, equity, inclusion, and social justice.
Applications submitted by November 10, 2024, will be given priority
consideration This position description is not intended to cover or
contain a comprehensive list of activities, duties, or
responsibilities that are required of the employee. Duties,
responsibilities, and activities may change, or new ones may be
assigned at any time, with or without notice. SFBU is an Equal
Opportunity / Affirmative Action Employer: SFBU is committed to
providing equal employment opportunities for all employees and
applicants for employment. SFBU does not discriminate in employment
opportunities or practices based on race, color, religion, sex,
age, national origin, disability, veteran status, sexual
orientation or any other characteristic protected by law. To apply,
please visit: Posted by the FREE value-added recruitment
advertising agency Employment Type: Full Time
Keywords: San Francisco Bay University, Pleasanton , Chief Financial Officer, Executive , Fremont, California
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