Reports To: Vice President for Finance and Administration/CFO
Position Summary: Supervision of the Business Office functions and staff, including:
Processing and recording all financial transactions
Preparation of financial statements and management reports
Establishing and maintaining appropriate internal controls
Preparing and monitoring institutional budgets
Insuring compliance with tax-exempt debt covenants
Managing institutional cash flow
Coordination of annual audits with public accountants
Managing all institutional tax matters
Overseeing General ledger and fund accounting
Managing payables and receivables accounting
Overseeing federal government and agency reporting
In addition to supervision of the general areas of responsibility noted above, the following specific tasks and responsibilities require prioritization and the development of action plans for implementation
Assure proper accounting procedures and controls are applied throughout all financial transactions within the institution.
Establish policies and procedures to govern and guide accounting and financial operations. This should lead to an appropriate written operating manual.
Develop/monitor billing policy and procedures to effectively manage student receivables.
Assure proper student loan collection procedures, being especially attentive to government compliance procedures.
Develop appropriate management information reports and establish reporting schedule for critical financial and accounting information such as: Budget performance, cash flow analysis, payables and receivables management.
Coordination of all aspects of the annual audit of the financial statements and Federal A-133 audit.
Assure timely and accurate government and agency reporting. Keep informed of and assure compliance with all government and agency regulations, (e.g., unrelated business income, post-retirement benefits liability accounting, etc.)
Further develop budget process, including improved budget development, analysis, control, and reporting procedures.
Further develop cash flow management including improved forecasting, analysis and reporting of sources and uses of funds.
Develop internal audit procedures as appropriate.
Lead the institution financial audit process with our public accounting firm.
Seek to identify budget savings and financial economies throughout the institution.
Assist the CFO with major financing analyses and decisions
Assist the CFO with bank presentations and with the development of Board of Trustees and Finance Committee materials
Assist the CFO with multi-year planning models
Assist the CFO in assessing the comparative financial performance of the institution by instituting appropriate financial ratio analysis and by accumulation appropriate comparative financial data.
Bachelor’s degree in Business, Finance and/or Accounting, a Master’s degree preferred.
5-10 years of financial management, preferably in higher education
Good interpersonal and communications skills are also necessary as the candidate will need to work closely with individuals in many other departments
Well-developed sense of attention to detail, be highly numeric and able to work independently
Computer literacy in Microsoft Word, Excel, Outlook, and databases as needed. Knowledge of Ellucian Colleague a plus.
A personal commitment to North Park’s mission of diversity and Christian higher education and