Chief Financial Officer (CFO)

Position Title: Chief Financial Officer Reports To: President FLSA Status: Exempt Annual Contract: Full-time 40 hours per week, 52 Weeks per Year Rate of Pay: Dependent upon qualifications Date Prepared: October 23, 2024 Application Deadline: November 6, 2024, or until filled Start Date: As soon as possible In-Person - Not Remote General Position Summary: Lac Courte Oreilles Ojibwe University seeks a visionary, ethical, and strategic leader to serve as Chief Financial Officer (CFO). Reporting to the President, the CFO is the chief financial officer and is responsible for maintaining the financial integrity of the University in support of its vision and academic mission. The Chief Financial Officer (CFO) serves as a member of the President’s Executive Council and provides “hands-on” leadership for the management of financial and business affairs. This position includes overall administration of the budget process in conformity with the University strategic plan: maintenance of internal accounting controls; development of financial policies and procedures; procurement of goods and services; management and administration of long-term debt including bonds; and restructuring the institutions financial and accounting systems. With a total current staff of five in the Business Office and Financial Aid. The CFO will directly supervise the Lead Accountant, Staff Accountant, Financial Aid Director, Financial Aid Assistant, and Grants Compliance Administrator. The CFO will interface and present regularly to the University leadership and the Board of Regents. As the key financial leader advising the President and Board of Regents, the CFO will provide collaborative and critical insight and analyses to support strategic planning, goal setting and key policy decision making. For a full job description and information on how to apply, visit our website. Resume, cover letter, unofficial transcripts, and LCO College job application, which is available on our website, are required for application to be complete. Minimum Qualifications: Bachelor’s Degree in Finance, Accounting or Business Administration Minimum of 7-10 years of increasingly responsible senior management or higher education experience Knowledge of fund accounting and ability to perform financial analysis Knowledge, Skills, and Abilities Required: The ideal candidate will be strategic and results driven, with strong “hands-on” and “go getter” leadership skills. As a seasoned financial leader of integrity, it is necessary that the CFO must possess the following: · Impeccable verbal and written communication skills · Strong relationship building capabilities · An entrepreneurial approach to seeing and analyzing financial opportunities · Flexibility and adaptability to shifting priorities or needs · Impactful and influential decision-making abilities The successful candidate will have strong interpersonal skills and the ability to interact in a collegial manner with faculty, staff and students. The CFO will be a forward-thinking executive with strong business acumen, good judgment and an attention to detail with the ability to grow along with the University. The ideal candidate will be a professional who embraces a team environment, serves as a resource for many individuals and groups within the institution, and works with colleagues in a spirit of partnership, collaboration, and fiscal responsibility. The CFO will demonstrate the ability to lead and mentor a team, build trust, and possess skills to create and maintain effective relationships with a broad range of internal and external constituents. In addition to the outstanding leadership and strategic planning skills, the CFO should expertise in the following: · Ability to initiate change with an inclusive style that fosters team building · Demonstrate success in planning, managing, and using resources · Provide evidence of an entrepreneurial organization with an eye to new opportunities and emerging challenges · Have broad experience in managing finance (accounting, budgeting, control, and reporting) for a complex organization, preferably in higher education · Have an in-depth understanding of strategic financial analysis and best business practices · Possess knowledge and in-depth experience with not-for-profit accounting · Prove ability to create and develop multi-year financial models and forecasts · Significant understanding of federal and state compliance and other regulatory issues and enforcement requirements · Knowledge and experience planning and supporting capital project development, facilities, maintenance, and purchasing departments · Ability to incorporate strategic goals into a coherent financial plan · Knowledge of the current issues and unique financial challenges facing higher education institutions · Knowledge of building and technology systems Reportability: Reports to the University President Supervision: Lead Accountant Staff Accountant Financial Aid Director Financial Aid Assistant Grants Compliance Administrator Job Type: Full-time Benefits: 401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Vision insurance Schedule: 8 hour shift Education: Bachelor's (Preferred) Work Location: In person