Inside Higher Ed
Chief Financial Officer (CFO)
Location: Columbia, SC – Palmetto College, part of the University of South Carolina system.
Job Summary The Chief Financial Officer (CFO) for Palmetto College oversees the overall financial activities, including financial planning, risk management, cash flow, accounting, and reporting. The CFO serves as a strategic financial partner to the Chancellor, analyzing financial data to drive decisions, overseeing budgeting and forecasting, ensuring regulatory compliance, and developing strategies for growth, financing, and investment. Ultimately, the CFO is responsible for Palmetto College’s fiscal health and long‑term financial success.
Responsibilities
Provide sound, ethical, and transparent fiscal planning, finance management, and budgetary processes that ensure the long‑term financial viability of Palmetto College and meet current operational needs.
Develop a long‑term business plan and financial forecasts to support the college’s revenue and expenditure guidelines and prepare and submit the budget to the university system.
Lead the college‑wide budgetary process that reflects the mission, vision, and strategic direction of the college and monitors actual performance in relation to the budget.
Plan, direct, and implement procedures for Palmetto College fiscal operations, provide leadership for campus compliance with internal, state, and federal laws, and resolve financial, compliance, infrastructure, and organizational matters with the Chancellor and campus deans.
Review contracts before submission to the Chancellor for approval and submit them to the Office of the General Counsel for review.
Represent Palmetto College on state, local, and university system committees as required and perform additional duties assigned by the Chancellor.
Minimum Qualifications
Bachelor’s degree in a job‑related field and at least 12 years of job‑related experience, including prior management experience.
Strong finance and analytical capabilities.
Knowledge of state and federal laws applicable to public entities, GAAP, GAAS, GASB, and FASB.
Demonstrated leadership in finance analysis, reporting, fiscal accountability, and long‑range budget planning.
Excellent communication, analytical reasoning, and problem‑solving skills.
Preferred Qualifications
Master’s degree in business or public administration.
Five (5) years or more of Anaplan experience.
Knowledge, Skills & Abilities
Highly developed finance and analytical capabilities.
Extensive current knowledge of financial and business practices.
Proven leadership in finance analysis and reporting, fiscal accountability, finance policy development, and long‑range budget planning.
Demonstrated knowledge and leadership in strategic planning and cost‑effective growth management strategies.
Knowledge of state and federal laws applicable to public entities; an understanding of GAAP, GAAS, GASB, and FASB.
Demonstrated ability to lead and manage change.
Team‑oriented environment collaboration and strong communication skills.
Detail‑oriented and possessing excellent analytical reasoning and problem‑solving skills.
EEO Statement The University of South Carolina does not discriminate in educational or employment opportunities or decisions for qualified persons on the basis of age, ancestry, citizenship status, color, disability, ethnicity, familial status, gender (including transgender), gender identity or expression, genetic information, HIV/AIDs status, military status, national origin, pregnancy (false pregnancy, termination of pregnancy, childbirth, recovery therefrom or related medical conditions, breastfeeding), race, religion (including religious dress and grooming practices), sex, sexual orientation, veteran status, or any other bases under federal, state, local law, or regulations.
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Job Summary The Chief Financial Officer (CFO) for Palmetto College oversees the overall financial activities, including financial planning, risk management, cash flow, accounting, and reporting. The CFO serves as a strategic financial partner to the Chancellor, analyzing financial data to drive decisions, overseeing budgeting and forecasting, ensuring regulatory compliance, and developing strategies for growth, financing, and investment. Ultimately, the CFO is responsible for Palmetto College’s fiscal health and long‑term financial success.
Responsibilities
Provide sound, ethical, and transparent fiscal planning, finance management, and budgetary processes that ensure the long‑term financial viability of Palmetto College and meet current operational needs.
Develop a long‑term business plan and financial forecasts to support the college’s revenue and expenditure guidelines and prepare and submit the budget to the university system.
Lead the college‑wide budgetary process that reflects the mission, vision, and strategic direction of the college and monitors actual performance in relation to the budget.
Plan, direct, and implement procedures for Palmetto College fiscal operations, provide leadership for campus compliance with internal, state, and federal laws, and resolve financial, compliance, infrastructure, and organizational matters with the Chancellor and campus deans.
Review contracts before submission to the Chancellor for approval and submit them to the Office of the General Counsel for review.
Represent Palmetto College on state, local, and university system committees as required and perform additional duties assigned by the Chancellor.
Minimum Qualifications
Bachelor’s degree in a job‑related field and at least 12 years of job‑related experience, including prior management experience.
Strong finance and analytical capabilities.
Knowledge of state and federal laws applicable to public entities, GAAP, GAAS, GASB, and FASB.
Demonstrated leadership in finance analysis, reporting, fiscal accountability, and long‑range budget planning.
Excellent communication, analytical reasoning, and problem‑solving skills.
Preferred Qualifications
Master’s degree in business or public administration.
Five (5) years or more of Anaplan experience.
Knowledge, Skills & Abilities
Highly developed finance and analytical capabilities.
Extensive current knowledge of financial and business practices.
Proven leadership in finance analysis and reporting, fiscal accountability, finance policy development, and long‑range budget planning.
Demonstrated knowledge and leadership in strategic planning and cost‑effective growth management strategies.
Knowledge of state and federal laws applicable to public entities; an understanding of GAAP, GAAS, GASB, and FASB.
Demonstrated ability to lead and manage change.
Team‑oriented environment collaboration and strong communication skills.
Detail‑oriented and possessing excellent analytical reasoning and problem‑solving skills.
EEO Statement The University of South Carolina does not discriminate in educational or employment opportunities or decisions for qualified persons on the basis of age, ancestry, citizenship status, color, disability, ethnicity, familial status, gender (including transgender), gender identity or expression, genetic information, HIV/AIDs status, military status, national origin, pregnancy (false pregnancy, termination of pregnancy, childbirth, recovery therefrom or related medical conditions, breastfeeding), race, religion (including religious dress and grooming practices), sex, sexual orientation, veteran status, or any other bases under federal, state, local law, or regulations.
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