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Thomas College

Vice President Finance & Chief Financial Officer

Thomas College, Waterville, Maine, us, 04901

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Overview

Description U.S. News and World Report consistently ranks Thomas College as a top college in Maine for social mobility. Our clear career focus and one-of-a-kind Guaranteed Job Program™ makes it possible to advance faster in the arts and sciences, business, and education. Earn an undergraduate degree in three years and then choose from a variety of in-person or online graduate degree programs that can be completed in one-year or two. Located in Waterville, Maine, Thomas College is your pathway to a promising future, guaranteed. Learn more at thomas.edu.

Position

The Chief Financial Officer is responsible for providing leadership and management of the College’s financial, accounting, physical plant, and other business-related activities. This includes cash management, budget management, risk management, regulatory compliance, contract and grant administration, investment management, debt management, financial analysis, and other duties as assigned by the President. The VP & Chief Financial Officer reports to the President and, as a member of the President’s Cabinet, participates in setting institutional strategic direction and policy; and serves in an advisory and support capacity to the President, Provost, Vice Presidents and Deans on financial, administrative, and budgetary matters.

Responsibilities

Assist with the development and execution of the strategic plan and lead the College’s long-term, enrollment-driven financial modeling, goal setting, and execution processes. Advise the President, Provost, Vice Presidents, and department managers on financial and business-related matters, including legal and financial/security risk exposures, and review contracts to promote financial prudence and responsibility. Manage and prepare an annual budget for Board approval. Develop and routinely update a multi-year financial forecast aligned with the College’s long-range strategic plan. Develop models, analyze trends and ratios, monitor variances, interpret financial data, and assess operational results for senior management and the Board. Oversee the Physical Plant department. Participate in setting strategy, ensuring compliance with applicable laws and regulations, and fostering strong internal controls.

Qualifications

CPA, MBA and/or equivalent combination of education and 10 years of progressively responsible experience, including 7 years in financial management, preferably in a higher education setting. Substantive and progressively responsible experience in finance, accounting, and related areas of law, government policy and regulation in an institution of higher education. Excellent leadership, managerial, organizational, planning, analytical skills, and proficiency with relevant software. Strong communication abilities and the capacity to interact effectively with faculty, students, and staff; ability to develop, plan, and implement short- and long-range goals. Experience with fund accounting and capital projects is preferred.

Benefits

Competitive benefits package including medical, dental, life, and disability insurance; 6% 403(b) matching plan; Paid vacation, paid sick leave, thirteen paid holidays, on-site gym, meal discounts, and tuition benefits for employees, spouse, and dependent children.

How to Apply

Interested applicants should submit a cover letter, resume, and names of three professional references. Please include an email address on your application materials.

Thomas College is an equal opportunity employer.

Additional Information

Thomas College’s mission is to prepare students for success in their personal and professional lives, and for leadership and service in their communities.

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