ACCT
The Vice President and Chief Financial Officer (VP/CFO) serves as the principal financial strategist for the College of Southern Maryland, overseeing all financial operations to ensure fiscal integrity, sustainability, and alignment with the college's mission. As a key member of the president's cabinet and executive leadership team, the VP/CFO collaborates with various stakeholders to support the institution's educational goals and strategic initiatives. The VP/CFO oversees the day-to-day operations related to fiscal planning and management, grants, procurement, and capital budgets. The vice president leads and coordinates the annual tri-county budget process, and supports the president on fiscal policy, planning, and strategy. The VP/CFO provides direct supervision to the executive director of budget, executive director of financial services, executive director of procurement, director of Mediation Center, and an executive assistant.
35% Financial Leadership • Leads the development and implementation of financial strategies that support the college's mission and long-term goals. • Oversees the preparation, administration, and monitoring of the college's operating and capital budgets, ensuring optimal resource allocation. • Ensures accurate and timely financial reporting in compliance with federal and state regulations, as well as institutional policies. • Coordinates annual financial audits and implement recommendations to enhance financial controls and processes. • Leads the work of the departments of financial services, budget, grants and procurement, and the Mediation Center. Ensures that the activities of these departments are appropriate to the college's mission and comply with college policies and procedures. This includes divisional planning, process development, and the monitoring of outcomes for financial services on all campuses. Consistently enhances services in response to customer needs. • Oversees the responsibility for the college audit proposal and the annual audit process. Responsible for the request for proposal for change of auditor. • Ensures that an effective system of internal controls is in place and any discrepancies are addressed immediately. • Ensures that appropriate incident reports are filed in a timely manner. • Ensures the required divisional reports for local, state, and federal government agencies are filed in a timely manner. • Oversees developing grants and contracts that support initiatives related to the college mission and program activities. • Ensures that objectives assigned to the division are accomplished in an effective and efficient manner. • Develops a divisional team that exhibits quality customer service to the faculty, students, staff, and community.
30% Operational Oversight • Supervises departments including financial services, budget, grants and procurement to ensure efficient operations. • Collaborates with IT leadership to ensure technological resources effectively support business and administrative functions to increase efficiency and productivity and mitigate risk. • Collaborates with HR leadership on position management and compensation analysis. • Creates and implements ways in which the college can operate more efficiently through outsourcing, automation, and more effective use of available resources. • Guides long-range financial planning and preparation of five-year financial projections for the operating budgets for all campuses. • Oversees the preparation and coordination of annual operating budgets for all campuses. • Ensures that a review and monitoring process is in place for the operating budgets for all campuses. • Communicates relevant financial information to administration and advises of any implications. • Provides relevant financial information to the college's strategic planning process. Presents annual operating budgets to various audiences. • Responsible for monitoring, reporting, and closeout of capital budgets for all campuses in collaboration with the vice president for operations and planning. • Oversees the establishment and maintenance of financial processes, procedures, and policies. • Oversees the preparation of financial analysis and regular reports in support of the president and vice president.
20% Compliance and Risk Management • Develop and enforce financial policies and procedures that ensure compliance with applicable laws and promote operational efficiency. • Identify and mitigate financial risks, ensuring the college's assets are protected. • Oversee the negotiation and administration of contracts to ensure favorable terms and compliance with institutional policies.
15% Stakeholder Engagement • Serve as the primary liaison to the Board of Trustees on financial matters, providing regular updates and analyses. • Represent the college in financial discussions with external partners, including government agencies and community organizations. • Work closely with academic and administrative leaders to support program development and institutional initiatives. • Serves as liaison with financial representatives from the county and state government. • Oversees the responsibility for the fiscal matters of the College of Southern Maryland Foundation, Inc. and for providing appropriate reports to the Foundation Board. • Regularly informs the administration and Board of Trustees of the financial health of the college. • Represents the college to the appropriate professional organizations (e.g., Maryland Association of Community College Business Officers). • Represents the division in matters of college-wide interest.
Qualifications: • Master's degree in finance, accounting, business administration, or related field • Minimum of seven years of progressive financial management experience, with at least three years in a senior leadership role • Technological Proficiency: Familiarity with financial management software and enterprise resource planning (ERP) systems • Proven ability to lead diverse teams, manage multiple departments, and foster a collaborative work environment • Demonstrated experience in strategic planning and the ability to align financial strategies with institutional goals
Preferred Qualifications: • Certified Public Accountant (CPA) preferred • This position requires financial disclosure.
Physical Demands
The work is sedentary work which requires exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly.
Knowledge, Skills, and Abilities: • Knowledge of various computer programs, with particular emphasis on spreadsheets • Financial Acumen: In-depth knowledge of accounting principles, financial analysis, budgeting, and financial reporting, preferably in a higher education context • Communication Skills: Excellent interpersonal and communication skills, with the ability to effectively convey complex financial information to various audiences • Working knowledge of risk management practices • Knowledge of facilities management and capital projects funding • Ability to maintain insurability for vehicle use under the college's liability insurance policy • Knowledge of state and federal laws, regulations, and reporting requirements related to division programs, financial administration, grants, and contracts • Knowledge of student judicial procedures • Knowledge of budget, auditing, accounting, and internal control procedures, including generally accepted practices and the AICPA Industry Audit Guide for Colleges and Universities • Knowledge of college administrative policies and procedures
The College of Southern Maryland, the sixth largest community college in Maryland, is a public, regional community college with a far-reaching goal to help students and the community meet the challenges of individual, social, and global changes. Today the college serves the tri-county area that includes Charles, Calvert, and St. Mary's counties. The college's history began with the establishment of Charles County Community College in 1958 as part of the continuing expansion of the community college in America. At its inception in 1958, the college was governed by the Charles County Board of Education, with the first classes conducted at La Plata High School in the evenings. The Friendly Hall Campus, which is now the La Plata Campus, was established in 1968. The college expanded its services to St. Mary's County in 1978 and Calvert County in 1980. On July 1, 2000, the college officially became the College of Southern Maryland, a regional college serving all three counties that comprise Southern Maryland.
Today, CSM is known as a progressive, innovative, and technologically advanced institution. CSM prides itself on delivering high quality educational services and for its role as a catalyst for business, industry, and government to identify the resources needed to grow and maintain a healthy economy and community. The college is funded by the three counties it serves at 32.7%, by the state of Maryland at 33.9%, and by tuition and fees at 29.8%. CSM offers an array of associate degree programs, industry certifications, career training, personal enrichment, wellness, and fitness activities. The college prepares and provides students with the tools and resources needed to immediately succeed in a competitive marketplace.
Built for Success
CSM's 2024-2029 Strategic Plan marks a pivotal step in our commitment to student-centered excellence. This plan is the result of extensive community engagement and reflects our dedication to expanding access, enhancing momentum, and fostering social and economic mobility for students. By aligning our goals with the needs of our students and community, we aim to create meaningful pathways to success that will also strengthen our Southern Maryland region. • Goal 1: Access
We welcome everyone by removing barriers. • Goal 2: Momentum:
We take persistence seriously, examining our culture policies, and practices. • Goal 3: Mobility
We offer educational pathways to improve lives.
This is a confidential search process.
Search Relaunched - Submit Immediately - Open Until Filled
Candidates will need to have the following information or materials available to complete the application:
1. A letter of application (not to exceed 5 pages) that succinctly addresses the opportunities and challenges identified in the Position Profile and demonstrates how the candidate's experience and professional qualifications prepare them to serve as the Vice President and Chief Financial Officer of CSM.
2. A current resume including an email address and cellular telephone number.
3. A list of eight references: ex. two to three supervisors, two to three direct reports, and two to three faculty and/or staff members from current and former institutions.
35% Financial Leadership • Leads the development and implementation of financial strategies that support the college's mission and long-term goals. • Oversees the preparation, administration, and monitoring of the college's operating and capital budgets, ensuring optimal resource allocation. • Ensures accurate and timely financial reporting in compliance with federal and state regulations, as well as institutional policies. • Coordinates annual financial audits and implement recommendations to enhance financial controls and processes. • Leads the work of the departments of financial services, budget, grants and procurement, and the Mediation Center. Ensures that the activities of these departments are appropriate to the college's mission and comply with college policies and procedures. This includes divisional planning, process development, and the monitoring of outcomes for financial services on all campuses. Consistently enhances services in response to customer needs. • Oversees the responsibility for the college audit proposal and the annual audit process. Responsible for the request for proposal for change of auditor. • Ensures that an effective system of internal controls is in place and any discrepancies are addressed immediately. • Ensures that appropriate incident reports are filed in a timely manner. • Ensures the required divisional reports for local, state, and federal government agencies are filed in a timely manner. • Oversees developing grants and contracts that support initiatives related to the college mission and program activities. • Ensures that objectives assigned to the division are accomplished in an effective and efficient manner. • Develops a divisional team that exhibits quality customer service to the faculty, students, staff, and community.
30% Operational Oversight • Supervises departments including financial services, budget, grants and procurement to ensure efficient operations. • Collaborates with IT leadership to ensure technological resources effectively support business and administrative functions to increase efficiency and productivity and mitigate risk. • Collaborates with HR leadership on position management and compensation analysis. • Creates and implements ways in which the college can operate more efficiently through outsourcing, automation, and more effective use of available resources. • Guides long-range financial planning and preparation of five-year financial projections for the operating budgets for all campuses. • Oversees the preparation and coordination of annual operating budgets for all campuses. • Ensures that a review and monitoring process is in place for the operating budgets for all campuses. • Communicates relevant financial information to administration and advises of any implications. • Provides relevant financial information to the college's strategic planning process. Presents annual operating budgets to various audiences. • Responsible for monitoring, reporting, and closeout of capital budgets for all campuses in collaboration with the vice president for operations and planning. • Oversees the establishment and maintenance of financial processes, procedures, and policies. • Oversees the preparation of financial analysis and regular reports in support of the president and vice president.
20% Compliance and Risk Management • Develop and enforce financial policies and procedures that ensure compliance with applicable laws and promote operational efficiency. • Identify and mitigate financial risks, ensuring the college's assets are protected. • Oversee the negotiation and administration of contracts to ensure favorable terms and compliance with institutional policies.
15% Stakeholder Engagement • Serve as the primary liaison to the Board of Trustees on financial matters, providing regular updates and analyses. • Represent the college in financial discussions with external partners, including government agencies and community organizations. • Work closely with academic and administrative leaders to support program development and institutional initiatives. • Serves as liaison with financial representatives from the county and state government. • Oversees the responsibility for the fiscal matters of the College of Southern Maryland Foundation, Inc. and for providing appropriate reports to the Foundation Board. • Regularly informs the administration and Board of Trustees of the financial health of the college. • Represents the college to the appropriate professional organizations (e.g., Maryland Association of Community College Business Officers). • Represents the division in matters of college-wide interest.
Qualifications: • Master's degree in finance, accounting, business administration, or related field • Minimum of seven years of progressive financial management experience, with at least three years in a senior leadership role • Technological Proficiency: Familiarity with financial management software and enterprise resource planning (ERP) systems • Proven ability to lead diverse teams, manage multiple departments, and foster a collaborative work environment • Demonstrated experience in strategic planning and the ability to align financial strategies with institutional goals
Preferred Qualifications: • Certified Public Accountant (CPA) preferred • This position requires financial disclosure.
Physical Demands
The work is sedentary work which requires exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly.
Knowledge, Skills, and Abilities: • Knowledge of various computer programs, with particular emphasis on spreadsheets • Financial Acumen: In-depth knowledge of accounting principles, financial analysis, budgeting, and financial reporting, preferably in a higher education context • Communication Skills: Excellent interpersonal and communication skills, with the ability to effectively convey complex financial information to various audiences • Working knowledge of risk management practices • Knowledge of facilities management and capital projects funding • Ability to maintain insurability for vehicle use under the college's liability insurance policy • Knowledge of state and federal laws, regulations, and reporting requirements related to division programs, financial administration, grants, and contracts • Knowledge of student judicial procedures • Knowledge of budget, auditing, accounting, and internal control procedures, including generally accepted practices and the AICPA Industry Audit Guide for Colleges and Universities • Knowledge of college administrative policies and procedures
The College of Southern Maryland, the sixth largest community college in Maryland, is a public, regional community college with a far-reaching goal to help students and the community meet the challenges of individual, social, and global changes. Today the college serves the tri-county area that includes Charles, Calvert, and St. Mary's counties. The college's history began with the establishment of Charles County Community College in 1958 as part of the continuing expansion of the community college in America. At its inception in 1958, the college was governed by the Charles County Board of Education, with the first classes conducted at La Plata High School in the evenings. The Friendly Hall Campus, which is now the La Plata Campus, was established in 1968. The college expanded its services to St. Mary's County in 1978 and Calvert County in 1980. On July 1, 2000, the college officially became the College of Southern Maryland, a regional college serving all three counties that comprise Southern Maryland.
Today, CSM is known as a progressive, innovative, and technologically advanced institution. CSM prides itself on delivering high quality educational services and for its role as a catalyst for business, industry, and government to identify the resources needed to grow and maintain a healthy economy and community. The college is funded by the three counties it serves at 32.7%, by the state of Maryland at 33.9%, and by tuition and fees at 29.8%. CSM offers an array of associate degree programs, industry certifications, career training, personal enrichment, wellness, and fitness activities. The college prepares and provides students with the tools and resources needed to immediately succeed in a competitive marketplace.
Built for Success
CSM's 2024-2029 Strategic Plan marks a pivotal step in our commitment to student-centered excellence. This plan is the result of extensive community engagement and reflects our dedication to expanding access, enhancing momentum, and fostering social and economic mobility for students. By aligning our goals with the needs of our students and community, we aim to create meaningful pathways to success that will also strengthen our Southern Maryland region. • Goal 1: Access
We welcome everyone by removing barriers. • Goal 2: Momentum:
We take persistence seriously, examining our culture policies, and practices. • Goal 3: Mobility
We offer educational pathways to improve lives.
This is a confidential search process.
Search Relaunched - Submit Immediately - Open Until Filled
Candidates will need to have the following information or materials available to complete the application:
1. A letter of application (not to exceed 5 pages) that succinctly addresses the opportunities and challenges identified in the Position Profile and demonstrates how the candidate's experience and professional qualifications prepare them to serve as the Vice President and Chief Financial Officer of CSM.
2. A current resume including an email address and cellular telephone number.
3. A list of eight references: ex. two to three supervisors, two to three direct reports, and two to three faculty and/or staff members from current and former institutions.