Position Summary
Position Summary
The SLE Chief Financial Officer will provide oversight for budgeting, general accounting, and financial reporting for the Division of Student Life and Engagement while assuring financial internal controls are in place to ensure adherence with GAAP and compliance with all applicable federal, state, and university policies and procedures. This will include oversight of the two BFS units responsible for operational and financial analysis. This position reports to the Senior Vice President for Student Life and Engagement. The individual will participate in strategic and organizational planning, including formulation of goals and objectives for the division, as well as making recommendations for major business decisions. Establishes, monitors, and enforces internal controls for multiple business operations with a $272 million dollar budget.
In addition, this position has oversight of the SLE Business and Financial Operations and SLE Financial Analysis and Plant Cash units. The SLE Controller of Business and Financial Operations provides operational oversight for business operations and systems for the units providing retail, dining, housing, hotel, apartments, bakery, food stores, and other services to our customers as well as the various electronic accounting systems needed to maintain operations. The Financial Analysis and Plant Cash unit will monitor the financial health of business operations, analyze any deviances, monitor short and long-term goals, and prepares financial projections for five-year planning for business units.
CHARACTERISTIC DUTIES – RESPONSIBILITIES
Budgeting and Financial Oversight
- Oversees all budgeting, general accounting/state accounting, and finance security activities/tasks which include (amongst other tasks): journal entries, capital asset reconciliations, capital projects reconciliation, and oversight of monthly/quarterly/annual reports, finance access set-up and security, SLE chart of accounts maintenance and oversight, finance training, and compliance with GAAP and GASB.
- Oversees budget, preparation, and financial information for all units within SLE.
- Plans, reviews, directs, and advises division financial liquidity and cash flow requirements.
- Participates in the annual room and board rate setting and approval with MSU Administration and the Board of Trustees.
- Responsible for the planning and maintenance of all financial reserves.
Strategic Planning
- Prepares short and long-term strategic and financial goals for the division and advises departments on budget and administration of budget materials.
- Directs the development of analytical studies for administrative and data analysis with other institutions.
- Develops, implements, and monitors financial plans for building renovations, construction, and maintenance projects.
- Oversees public and private partnerships (P3) development, real estate management liaison, and other large project endeavors to provide business models and financial projections for new business ventures.
- Responsible for adequate funding of debt service costs and long-term debt financial viability planning.
Leadership Development
- Responsible for developing, overseeing, and maintaining appropriate internal controls and conducting process reviews as needed to ensure appropriate internal control measures are in place for compliance to federal, state, local, and internal requirements.
- Assist with all staff development. Establish goals and objectives for subordinates, monitor performance, and provide timely feedback to enhance their professional development.
COMMUNICATIONS – INTERPERSONAL RELATIONSHIPS
Interacts with:
- Other Management throughout SLE and MSU - to discuss policy, systems improvements, and finances.
- Departmental Support Staff/University Personnel - to explain policies and decisions and answer questions pertaining to the Divisional finances.
- University Administrators and Representatives - to exchange information, discuss pertinent issues, and/or respond to inquiries.
- SLE AVPs, Management, and SVP Student Life and Engagement - to discuss current finances, provide solutions, and discuss future directions for the various units.
- Board of Trustees – May be asked to represent SLE initiatives/outcomes at Board meetings.
- East Lansing and the MSU Community - to exchange/provide communication on related business activities.
RESPONSIBILITY FOR THE WORK OF OTHERS
Oversees third level management in a large, centralized unit and aids units throughout SLE as it relates to financial analysis and projections.
IMPACT ON PROGRAMS – SERVICES – OPERATIONS
Ineffective leadership and decisions made about policy, strategic planning and implementation, data/information analysis, and fiscal management would significantly impact SLE’s ability to accomplish its mission and could have a long-term negative fiscal impact to the Division and the University.
Unit Specific Education/Experience/Skills
A master's degree in business or a related field; three to five years of related and progressively more responsible or expansive experience in education, government, or industry experience in planning, finance, budgeting processes and budget development/analysis of audit/financial compliance standards; knowledge of economics, business administration, and quantitative methods, including statistics using computer analytical models and systems analysis; or an equivalent combination of education and experience.
Desired Qualifications
A master's degree in business, accounting, or a related field; fifteen years or more of related and progressively more responsible or expansive work experience in project management, accounting and auditing procedures; and in using a personal computer including, word processing and spreadsheet applications, as well as proficient use of analytics and accounting software; or an equivalent combination of education and experience. A Certified Public Accountant (CPA) license, Certified Internal Auditor (CIA) designation, or Certified Information Systems Auditor (CISA) designation is preferred.
Equal Employment Opportunity Statement
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, age, disability or protected veteran status.
Required Application Materials
Resume
Cover Letter
Three Professional References
Work Hours
Monday - Friday: 8:00 a.m. - 5:00 p.m. May require some evenings and weekends.
Bidding eligibility ends April 9, 2024 at 11:55 P.M.
