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Asbury University · 4 months ago

Vice President of Strategic Finance And CFO

Wilmore, KY

Full-time

Onsite

Director/Executive

7+ years exp

Asbury University is seeking a strategic and innovative leader to serve as its Chief Financial Officer and Vice President of Strategic Finance and Accounting. This role is critical for guiding the University’s financial direction, overseeing budget processes, investment management, and strategic financial planning while collaborating with various leaders to ensure fiscal health and sustainability.

Higher Education

Culture & Values

Responsibilities

Lead the implementation and optimization of budget management software to streamline financial processes and increase transparency. Ensure the software supports scenario analysis, forecasting, and comprehensive budget reporting for departments and the University as a whole

Oversee the development of advanced budget forecasting models that allow for multi-year planning. Conduct scenario analysis to anticipate financial challenges and opportunities, informing proactive decision-making

Work with university leaders to assess and forecast capital needs, ensuring alignment with strategic goals and available financial resources. Create models to anticipate future capital expenses, including infrastructure, technology, and academic investments

Lead efforts to create a long-term, sustainable financial model for the University. Align financial strategies with the institution’s mission and vision, ensuring the University’s fiscal health for future generations

Establish and enforce accountability measures for budget managers across departments. Provide regular training and ensure adherence to established financial policies. Develop tools to track and monitor department-level budget performance

Develop and maintain financial dashboards to monitor identified key performance indicators (KPIs). Provide real-time visibility into the University’s financial health, enabling data-driven decision-making for executives and budget managers

Prepare and present financial reports to various stakeholders, including department heads, university leadership, and the Board of Trustees. Clearly communicate financial results, forecasts, and recommendations in a manner that is easily understood by non-financial colleagues

Oversee the management of the University’s endowment and other investments. Analyze market trends to maximize returns, while mitigating risk. Provide regular updates on investment performance to university leaders and the Board of Trustees

Partner with academic and administrative leaders to conduct financial analyses of new and existing programs. Support program viability assessments, program level contribution margin, risk analysis, and opportunities for growth through financial modeling and scenario planning

Identify and assess financial and accounting processes that can be automated to improve operational efficiency. Lead initiatives to modernize and streamline financial operations across the University

Manage financial aspects of contracts with vendors, external partners, and service providers. Ensure proper financial oversight, risk mitigation, and alignment with the University’s strategic goals

Lead and mentor the finance and accounting teams, fostering a culture of continuous improvement. Provide professional development opportunities to ensure that team members are equipped to meet the evolving financial needs of the University

Qualification

Strategic financial managementBudget forecastingInvestment managementBudget software implementationFinancial communicationProcess automationTeam leadershipContinuous improvementProblem-solvingCollaboration

Required

Evidence and testimony of mature Christian faith

Proactive, solutions focused mindset

Master's degree in Finance, Accounting, Business Administration, or a related field (CPA or CFA preferred)

Minimum of 7-10 years of experience in strategic financial management, budget forecasting, and investment oversight, preferably in higher education or a similarly complex organization

Proven ability to develop and implement financial strategies that align with institutional goals, including a track record of creating sustainable financial models

Experience with budget software implementation and process automation

Expertise in budget forecasting, scenario analysis, and capital needs assessment

Strong financial communication skills with the ability to present complex financial data to non-financial audiences, including university leadership, budget managers, and the Board of Trustees

Demonstrated success in developing and managing dashboards to track KPIs and financial performance

Experience leading and managing financial teams, with a focus on collaboration, training, and accountability