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Elmhurst University · 2 days ago

Assistant Vice President for Finance

Elmhurst, IL

Full-time

Onsite

Senior Level

$135K/yr - $165K/yr

7+ years exp

Elmhurst University is seeking an Assistant Vice President for Finance to lead the institution's accounting functions and provide strategic financial leadership. This role involves overseeing financial reporting, compliance, and internal controls to ensure the integrity and accuracy of the University's financial records.

Higher Education

Responsibilities

Partners with the Vice President for Business and Finance to provide strategic financial leadership, policy development, and long-range financial planning in support of institutional goals

Recommends and implements financial policies, procedures, and best practices that promote stewardship, accountability, and operational excellence

Develops and maintains financial models and analyses to assess institutional risk, liquidity, debt capacity, and long-term sustainability

Directs all accounting operations, including general ledger, accounts payable, payroll, cash management, fixed assets, grants accounting, and financial reporting

Oversees the month-end, quarter-end, and year-end close processes, ensuring timely, accurate, and GAAP-compliant financial statements

Ensures a comprehensive, documented system of accounting policies and procedures is maintained and consistently applied

Coordinates the annual external financial audit

Oversees preparation and filing of all required tax and regulatory reports, including IRS Forms 990, Form 5500, and other necessary filings

Ensures compliance with federal and state regulations, debt covenants, grant and donor restrictions, and sponsor reporting requirements

Establishes and monitors a strong internal control framework to safeguard University assets, ensure the reliability of financial reporting, and promote compliance with laws and policies

Assists in the development, monitoring, and reporting of the annual operating and capital budgets

Provides financial analysis and materials for presentation to the Board of Trustees and its committees

Provides leadership and professional development for accounting and finance staff

Builds strong working relationships with campus partners, external auditors, and financial institutions

Supports the University's mission, vision and values

Demonstrates a strong commitment to continuous improvement

Performs other duties and completes special projects as needed and assigned

Qualification

Certified Public AccountantGAAPFinancial statement preparationInternal controlsRegulatory complianceFinancial leadershipAnalytical skillsMicrosoft OfficeEllucian ColleagueCommunication skillsOrganizational skills

Required

Bachelor's degree in accounting, finance, or a related field

Active Certified Public Accountant (CPA) certification

Seven or more years of progressive experience in a financial leadership role

Demonstrated experience with GAAP, financial statement preparation, audits, internal controls, and regulatory compliance

Strong analytical, communication, and organizational skills

Technical proficiency with software packages for analysis and reporting, including but not limited to Microsoft Office

Preferred

MBA or other master's degree in finance, accounting, or a related discipline

Experience in higher education or nonprofit financial management

Proficiency with Ellucian Colleague

Knowledge of federal grants administration and higher-education regulatory reporting

Experience presenting financial information to senior leadership and governing boards

Company

Elmhurst University

Founded in 1871, Elmhurst is a comprehensive university offering more than 70 undergraduate majors, 17 graduate programs, and several evening and online programs for adults.

Founded in 1871

Elmhurst, IL, US

201-500 employees