Vice President of Finance and Administrative Services

Salary: $162,500.00 - $171,400.00 Annually

Location : Snow College - Ephraim, UT

Job Type: Financial & Adminstrative Services

Job Number: 00526

VP Organization: College President

Department: Office of the President

Opening Date: 12/17/2024

Closing Date: Continuous

Description

The Vice President of Finance and Administrative Services (VP-FAS) is a key member of the executive leadership team at Snow College, providing strategic direction and oversight for the college's financial health, budget management, and administrative services. The VP-FAS ensures that financial operations, compliance, and business functions align with the college's mission, goals, and objectives, promoting fiscal responsibility and sustainability. This role plays a vital part in supporting the college's decision-making processes and long-term planning.
Qualifications

Master's degree in finance, accounting, business administration, or a related field (required); Certified Public Accountant (CPA) or Certified Management Accountant (CMA) is preferred. A minimum of 8-10 years of experience in financial management, including leadership experience in a higher education or public sector environment. At least 5 years of experience in a senior leadership role with responsibility for managing budgets, strategic financial planning, and administrative services.
Major Responsibilities/Duties

Key Responsibilities:

Financial Leadership and Oversight:

Provide strategic leadership in financial planning, forecasting, budgeting, and resource allocation for the college.

Oversee the preparation and administration of the college's annual budget, ensuring alignment with institutional priorities and compliance with regulations and required timelines.

Manage the college's financial reporting, accounting, and auditing functions.

Prepare regular reports on financial performance for the college's senior leadership and Board of Trustees.

Assist the college in identifying financial efficiencies that support the college's role, mission, and strategic plan.

Strategic Planning and Risk Management:

As a key member of the president's Cabinet, work collaboratively with the executive team to identify strategic markets and initiate calculated actions that benefit the long-term sustainability of the college.

Develop and implement long-term financial strategies and policies to ensure the financial sustainability of the college.

Identify financial risks and opportunities, recommend strategies to mitigate risks, and optimize resources.

Collaborate with other departments to assess the financial impacts of new programs, initiatives, or regulatory changes.

Business Operations and Facilities Management:

Oversee all administrative services functions, including procurement, contracts, and facilities management.

Ensure efficient and cost-effective operations of the college's physical infrastructure and real estate portfolio.

Provide leadership for campus planning, including space utilization, facilities renovation, and capital improvement projects.

Human Resources and Organizational Development:

Supervise and direct the administrative services teams, including human resources, finance, budget, procurement, IT, campus police, Title IX, risk, and facilities management staff.

Foster a culture of accountability, collaboration, and innovation among staff members.

Ensure the development and implementation of employee policies that support the college's goals and regulatory compliance.

Compliance and Reporting:

Ensure compliance with all federal, state, and local laws, regulations, and policies related to financial management, procurement, and other administrative services.

Prepare and present comprehensive financial reports for accreditation bodies, state agencies, and external auditors.

Ensure accurate and timely reporting for grants, bonds, and other funding sources.

Community and Stakeholder Engagement:

Represent the college in financial matters to the Board of Trustees, legislators, external organizations, and the public.

Collaborate with college leadership, faculty, and staff to understand needs and ensure financial decisions align with institutional goals.

Lead efforts to build strong partnerships with external stakeholders, including local governments and private entities.

Technology and Systems Management:

Oversee the selection, implementation, and maintenance of enterprise software and systems.

Ensure the college's IT systems are secure, efficient, and scalable to meet current and future needs.

Knowledge, Skills, and Abilities:
Knowledge:

Financial Management:

Deep understanding of budgeting, accounting, financial planning, and reporting principles.

Knowledge of financial analysis techniques and methods to assess and optimize resource allocation.

Expertise in managing large, complex budgets and ensuring effective financial oversight.

Familiarity with cost-benefit analysis and forecasting methods for higher education institutions.

Higher Education Finance:

Understanding of the unique financial dynamics in higher education, including funding sources such as state appropriations, grants, tuition, and auxiliary services.

Knowledge of accreditation and compliance requirements, including those imposed by governmental and accrediting bodies.

Compliance and Regulatory Knowledge:

In-depth knowledge of federal, state, and local regulations related to public sector finance, including accounting principles (GAAP), tax laws, and reporting standards (e.g., GASB, OMB A-133).

Familiarity with procurement processes, legal contracts, and risk management in the public sector.

Knowledge of facilities management, including space planning, capital improvement projects, and resource allocation for physical infrastructure.

Understanding of how to balance operational efficiency with the maintenance and upgrading of campus facilities.

Human Resources and Organizational Development:

Knowledge of HR policies, employee relations, performance management, and labor laws in the context of higher education.

Familiarity with organizational development strategies, leadership training, and staff development.

Technology and Financial Systems:

Understanding of management software and systems used in higher education institutions (e.g., ERP systems like Banner).

Knowledge of cybersecurity and data management practices for safeguarding data.

Skills:

Leadership and Management:

Strong leadership skills with the ability to build, guide, and inspire high-performing teams.

Foster a culture of collaboration, accountability, and excellence across financial and administrative departments.

Capacity to make decisions that balance financial goals with institutional priorities.

Skill in long-term strategic financial planning, including the ability to forecast financial trends and create strategies to ensure the college's financial sustainability.

Assess organizational needs and make decisions that align financial resources with strategic priorities.

Communication:

Excellent verbal and written communication skills for presenting complex financial information in an accessible manner to diverse audiences (e.g., Board of Trustees, senior leadership, faculty, and external stakeholders).

Facilitate meetings, provide clear updates, and write detailed reports and proposals.

Problem-Solving and Critical Thinking:

Strong analytical and problem-solving skills to assess financial situations and develop solutions to complex challenges.

Think strategically and make data-driven decisions that are in the best interest of the college.

Collaboration and Relationship Building:

Skill in building positive relationships with internal and external stakeholders, including the college's executive team, faculty, staff, government agencies, and community members.

Engage with diverse groups and consider their input in financial decision-making processes.

Project Management:

Proficiency in managing multiple projects simultaneously, prioritizing tasks, and meeting deadlines.

Oversee large-scale initiatives, such as campus renovations or new financial systems implementation.

Conflict Resolution and Negotiation:

Strong interpersonal skills with the ability to resolve conflicts effectively and maintain a cooperative work environment.

Negotiation skills to work with vendors, contractors, and other external parties on contracts and service agreements.

Abilities:

Financial Acumen:

Analyze and interpret complex financial data and make informed decisions.

Capacity to develop budgets, track expenditures, and manage cash flow in a dynamic environment.

Adaptability:

Adapt to changing priorities, regulations, and financial environments.

Capacity to manage competing demands and navigate through uncertainty or financial constraints.

Decision-Making:

Make informed, ethical, and timely decisions based on a comprehensive understanding of financial data, institutional needs, and external factors.

Comfort with making high-stakes decisions with significant financial implications.

Visionary Thinking:

See the "big picture" and drive long-term financial sustainability through innovative solutions.

Anticipate future challenges and opportunities in higher education finance and administration.

Resource Management:

Manage resources effectively and efficiently, ensuring that financial and operational goals are met within budgetary constraints.

Optimize the use of facilities, staff, and technology in delivering administrative services.

Ethical Integrity:

Strong commitment to ethical conduct in financial reporting, budgeting, and organizational decision-making.

Maintain the highest standards of transparency and accountability in financial operations.

Additional Information

Please Apply Online

Applications received by 11:59 PM on January 17, 2025, will be eligible for review by the hiring committee. Applications received after that date may not be reviewed by the hiring committee unless deemed appropriate by the college administration.

Initial screening is based on the responses to the online submitted application, as well as your redacted resume, curriculum vitae (CV), cover letter and teaching philosophy statement. Transcripts or any other submitted material will not be considered during initial screening.

Snow College is an Equal Opportunity/Affirmative Action employer and educator.

With campuses in both Ephraim and Richfield, Snow College offers programs and courses that are highly interactive and are designed to reach a broad spectrum of students: high school students desiring college courses, traditional on-campus students, technical education students, online students, non-traditional students who wish to start or complete a degree. Snow is committed to the success and positive experience of every one of these students.

Snow College is a two-year public college, and in January 2020, The Chronicle of Higher Education ranked Snow College #1 in the nation for student success in two-year colleges. Located in the heart of Utah, at the foot of the Wasatch Mountains, Snow College is one of the oldest comprehensive two-year college in the Western United States.

The College was established in 1888; excellence continues to be the hallmark of all our work and activities. We are the preferred choice of approximately 6,000 students, with 600 students attending the Richfield campus, who want a small College experience filled with a variety of many different activities, events, and performances. With campuses located in Ephraim, Richfield, and online, students complete degrees in Associate of Arts, Science, or Applied Science with numerous specialized, short-term technical training certificates and diplomas including a few Bachelor's degrees. To learn more about Snow College, please visit our website or our job brochure.

Snow College offers benefits including medical, dental, vision, life and disability insurance, retirement, and more.

Below is an estimate of the benefits you would receive according to the salary listed in the example:
Salary:Total Benefits(based on a family plan, including retirement, life insurance, FICA, disability etc.):$162,500$58,466
To find out the most current information on benefits offered by Snow College to full-time employees, please visit our benefit informational pages online.

To find out the most current information on benefits offered by Snow College to full-time employees, please visit our