SUMMARY: The Vice President and Chief Financial Officer (VP/CFO) reports to the College President and is responsible for the administration and oversight of strategic financial management for the College, including finance and budget, business office operations and purchasing. As a member of the College’s Executive Leadership Team (ELT), the VP/CFO collaborates and networks internally across departments and externally with other colleges, governance bodies, and the NC Community College System Office.  The VP/CFO provides leadership, oversight, and stewardship for all aspects of the College’s financial resources, assuring integrity and fiduciary compliance.  As a strategic thinker and creative problem solver, the VP/CFO engages with the ELT by:

• Increasing system efficiencies through continuous innovation and transformation of effective customer focused business and financial services
• Maximizing limited budgets
• Managing funding sources to respond to changing funding formulas and to maximize College impact

The VP/CFO leads with a Find the Yes focus, maintaining the College’s responsibility as good stewards of the public’s trust while at the same time serving students, staff and faculty with excellent customer service focused on finding viable solutions  to meet or exceed customer needs within all applicable local, state and national rules and regulations. 

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

• Serve as chief financial officer of the College.
• Exercise primary stewardship of College resources, ensuring that all financial processes and procedures are fiscally sound and compliant with regulations.
• Provide vision and innovative leadership for business office activities, accounting, payroll, purchasing, equipment and inventory control; coach team members for success, conduct goal setting and performance evaluations.
• Organize, coordinate and supervise the development of the College’s budget, ensuring the fiscal integrity of the College.
• Oversee the College’s risk management programs including the North Carolina State Controller’s EAGLE program and the College insurance programs.
• Promote literacy on budget-related processes, explaining methodology and collaborating with all departments to assist in strategic budget-related decision making.
• Evaluate and creatively address budget needs and requests while remaining compliant with all regulations.
• Collaborate, develop, plan and execute work programs, budget requests and quarterly reports.
• Research and prepare detailed reports on a variety of College management topics as appropriate.
• Manage cash flow for the College, ensuring compliance with all local, state and federal financial regulatory agencies.
• Serve as the chief financial advisor to the President and the Finance Committee of the Board of Trustees.
• Review and advise the President and ELT on contractual matters and funding streams.
• Provide financial advice and strategic financial guidance to the President and in support of the Board of Trustees as requested.
• Prepare and present financial statements, reports, presentations and necessary correspondence related to the financial oversight and management of the College.
• Ensure finance-related policies and procedures meet audit standards by managing annual policy and procedure reviews and providing any necessary intermittent review for areas under supervision to ensure all policies and procedures are appropriately approved through the ELT, by the President or the Board of Trustees, or by other governing agencies as required.
• Direct and supervise all financial control activities to ensure soundness of all College financial processes.
• Manage financial reconciliation process for financial aid ensuring complete and accurate documentation for financial processing and compliance of financial aid within all state and federal laws and audit procedures.
• Administer institutional programs with revenue streams efficiently and effectively, assuring they are recorded appropriately and leveraged according to College needs and within all governing rules and regulations.
• Provide oversight and strategic advisement for the College’s investment program for institutional and scholarship funds.
• Serve as the Treasurer for the Forsyth Tech Foundation.
• Perform additional duties as assigned by the President.

SUPERVISORY RESPONSIBILITIES: 

• Directly supervise all directors in the Business Services Division
• Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws; leads inclusively and collaboratively, valuing diversity and equity.
• Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; evaluating performance; addressing concerns and resolving problems.

COLLABORATIVE RESPONSIBILITIES:

• Collaborate with the President, ELT and other staff/faculty as needed to develop and manage divisional budgets, and financial and contractual obligations.
• Collaborate with the President, ELT and other staff/faculty as needed to ensure integrated student support services (e.g., student financial services and cashier services) and a safe and secure learning and work environment.
• Collaborate with the President, ELT and other staff/faculty as needed to implement efficient business processes consistent with IT systems, to finance college IT and learning technology investments, and to ensure the integration of program and budget planning with budget management.
• Collaborate with the President and the Vice President of Community Engagement and Executive Director of the Forsyth Tech Foundation as Treasurer to the Forsyth Tech Foundation.