Minnesota State Community and Technical College · 1 week ago
Executive Director of Finance and Budget
Moorhead, MN
Full-time
Onsite
Lead/Staff, Director/Executive
$46.68/hr - $67.01/hr
5+ years expMinnesota State Community and Technical College is seeking an Executive Director of Finance and Budget to provide strategic and operational financial leadership. The role involves managing financial operations, ensuring compliance with regulations, and overseeing budget development and execution.
Higher Education
No H1B
Hiring Manager
Jess Blomquist
Responsibilities
Customer Service
On a daily basis, live the mission, vision and values of M State to ensure a positive experience for all students and stakeholders. Service to M State students and stakeholders is a core component of the position and work responsibilities
Fiscal Management, Coordination, and Oversight
Coordinate and direct the activities of the finance team so that all College budgets and accounting and financial policies and procedures are strategically carried out in accordance with federal and state laws and regulations. This includes general fund accounts, revenue fund accounts, student fee accounts and other self-supporting accounts. Monitor and improve accounting policies, procedures, internal controls, PCI compliance, and business processes utilizing the complex system-wide accounting system. Represents the College as the chief financial officer in the absence of the Vice President of Administration
Strategic Leadership and supervision of Finance Division of the College
Lead, manage and supervise the employees in the finance division in such areas as financial reporting, internal controls, accounts payable, audit, banking, purchasing, contracting, vendor payments, purchasing cards and employee payroll. Ensure all staff are trained and compliant with federal, state and local regulations, Minnesota State policies and procedures and sound business practices, and ensure all staff are trained in the areas that they work to ensure efficient and effective use of their time. The position also has oversight of auxiliary services including bookstore and foodservice operations, which includes ensuring customer service standards that align with the college mission are met and financial sustainability is planned and implemented. Supervisory responsibilities include: a) Reviews job applications, interviews, and hires personnel, conducts probationary evaluations and makes certification decisions. b) Determines work priorities and establishes work schedules which can include temporary reassignment of employees within the division. c) Oversees the supervision of personnel, which includes but is not limited to, work allocation, training, and problem resolution. d) Evaluate employee performance, rewards or disciplines employees and promote, suspend, discharge of change status according to performance; make recommendations for personnel actions; and motivate employees to achieve peak productivity and performance. e) Provides training for unit employees on new programs, procedures, and laws. f) Perform supervisory responsibilities in accordance with established equal opportunity/Affirmative Action, non-harassment, and discrimination, and employee safety policies and procedures. g) Administer applicable labor contracts in accordance with statewide policy, including applicable collective bargaining agreements and Minnesota State policies and procedures
Strategic Budget Development and Oversight
In collaboration with the Vice President of Administration, lead the establishment of the strategic framework for annual budget development, monitoring, amendments, and reporting with key budget managers and administrators of the college. Provide leadership in establishing budget guidelines, assumptions, timelines, and recommendations to be used by senior leadership to set the annual fiscal plan. Provide strategic input to ensure that the annual budget is funding the strategic plan
Contract Management and Oversight
Manage and oversee the contracting process for the college, ensuring that all non-personnel contracts are executed and implemented in accordance with college, system, and state requirements. Oversee the Request for Proposals/Request for Information process and consult with the system and state legal teams when necessary
Financial Analysis and Problem Solving
Develop and recommend new or improved management methods and procedures to solve a variety of complex financial problems as well as taking advantage of opportunities that exist. Manage processes to optimize and safeguard the resources of the College. Collaborate and provide solutions that satisfy the needs of competing stakeholders. Communicate effectively to ensure policies and procedures are followed and College goals and objectives are met. Provide strategic financial expertise for college and system level committees, advocating for the College’s financial interests, and contributing to the development of system-wide policies and procedures
Oversight and Payroll Distribution
Oversee, and participate in the accurate labor distribution of the college payroll process. Maintain the role of Compensation Finance Partner within the Workday system and ensure that payroll is posting to the correct college financial areas
Other Duties as Needed by the College
Perform other duties as assigned to ensure the smooth functioning of the department and maintain a trusting reputation within the college as well as with external partners. Must be able to maintain a rigorous travel schedule
Qualification
Required
Minimum of five (5) years of progressive, professional experience in a financial management related position and three (3) years of supervisory experience. A master's degree in Accounting, Finance, or related field substitutes for 18 months of experience; a bachelor's degree in Accounting, Finance, or related field substitutes for 12 months of experience; an associate's degree in Accounting, Finance, or related field substitutes for 6 months of experience
Progressive responsibility, leadership and supervision in financial management in a complex environment
Experience with budget development and budget management
Ability to understand and interpret statistical and financial data for the purpose of monitoring, developing, recommending, and implementing sound administrative financial policies
Sufficient written and oral communication to create professional documents, deliver presentations and communicate technical ideas
Advanced skills in the use of spreadsheets, word processing and computer based management information systems
Demonstrated ability to work successfully with people of diverse backgrounds including a sensitivity to their needs and concerns and a demonstrated ability to work collaboratively with internal and external constituents
Preferred
Master's Degree in accounting, business management or related degree or professional certificate, such as, CPA or CMA
Minimum of 5+ years of experience in government accounting
Ability to direct the development and implementation of problem solving for a variety of financial problems, utilizing a team approach
Demonstrated experience in financial management in a higher education environment
Demonstrated experience with staff training and professional development
Understanding of a collective bargaining (union) environment
Company
Minnesota State Community and Technical College
Minnesota State Community and Technical College, A member of the Minnesota State system.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Steven Erickson
Vice President of Institutional Effectiveness and Technology, ALO, CIO
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