Compensation: 150.000 - 200.000
Senior Vice President and Vice President for Finance and Administration/CFO
Florida A&M University is seeking a dynamic and experienced leader to serve as Senior Vice President and Vice President for Finance and Administration/CFO. This executive position will serve as a key strategic advisor to the President and Board of Trustees and oversee the Division of Finance and Administration, which includes Financial Planning, Controller and Treasury Operations; Budgeting, Business and Financial/Auxiliary Services; Procurement Services; and Human Resources.
Key Responsibilities
Strategic Leadership and Governance
- Advise the President and Board on financial strategy, multi-year forecasting, revenue generation, debt capacity, liquidity, and enterprise risk; prepare financial materials for the Board of Trustees Finance and Facilities Committees.
- Partner with the Provost on academic resource planning and with Research Administration on cost policy, faculty and staff compensation strategy, and post-award grant financial compliance.
- Lead development of the annual operating budgets; ensure timely, accurate submissions and reporting to the Florida Board of Governors, the Board of Trustees, the President’s Office and, as necessary, to support other key stakeholder reporting and metric obligations.
- Enhance business processes to improve efficiency and cost effectiveness in University operations.
- Leverage technology and establish a data-driven culture.
- Sustain superior service levels through ongoing monitoring, accountability, and recognition programs to reward excellent customer service.
Financial Management, Reporting, and Internal Controls
- Oversee and direct university financial management, including the development, implementation, and review of fiscal policies and procedures to ensure the proper use of financial resources supporting University goals.
- Direct financial policy and analysis including forecasting, scenario modeling, performance dashboards, unit budget reviews, and cost containment initiatives.
- Responsible for the development and implementation of a comprehensive, multi-year financial model to guide strategic decision making through detailed analysis and projections.
- Oversee accounting, financial reporting, and internal control systems consistent with GAAP/GASB and Florida public-sector requirements; ensure clean external audits.
- Responsible for tracking and reporting budget to actual performance across the enterprise and identifying lead indicators related to potential budget risks and concerns.
- Ensure timely, accurate financial reporting to the Board of Trustees, Board of Governors, and other state/federal stakeholders.
- Improve transparency and strengthen internal controls to improve compliance and support strategic decisions.
Treasury, Investments, Debt, and Cash Management
- Manage cash, banking, short-term investments, and working capital; oversee debt strategy, compliance and investor disclosures.
- Evaluate and structure financing for capital projects (including Public Private Partnerships) in coordination with Facilities/Construction Planning.
Procurement and Enterprise Operations
- Lead procurement/strategic sourcing and payables.
- Oversee financial performance of auxiliaries/enterprises (e.g., housing, dining, parking, bookstore, and media/auxiliary units), setting pricing, reserves, and service level metrics.
- Champion shared-service models and continuous process improvements to enhance procurement efficiency, data accuracy, and organizational effectiveness.
Grants, Compliance and Risks
- Ensure fiscal compliance for sponsored projects (post-award), including allowability, effort reporting, cost share, and subrecipient monitoring.
- Enforce accountability measures for compliance with university policies, regulations, and internal procedures.
- Oversee enterprise risk financing and insurance programs; maintain robust internal controls.
Systems, Analytics, and Process Excellence
- Sponsor the financial systems roadmap (e.g., modern ERP such as Workday/Peoplesoft), data governance, automation, and analytics; champion shared-service efficiencies and continuous improvement.
External Entities and Partnerships
- Coordinate with Direct Support Organizations (DSOs)—FAMU Foundation, Research Foundation, Athletics support entities—on financial policies, reporting, and risk management; align gift, endowment, and research funds with University priorities.
- Serves on the University’s Foundation Board of Directors, as appointed.
People and Culture
- Recruit, develop, and retain high-performing staff within Finance and Administration; establish service standards and professional development pathways.
- Responsible for ensuring contract administration for staff collective bargaining agreements.
- Develop and maintain a University-wide culture of service excellence.
- Conducts and documents performance evaluations in a timely manner for each subordinate.
- Assess and document subordinates’ ability to comply with all relevant University policies, regulations, and operating procedures.
Qualifications
- Bachelor’s Degree required
- Licensed CPA preferred
- Higher education or public agency administration preferred; strong industry experience will also be considered
- Experience with federal and state regulations and compliance requirements
- Experience managing finances for a complex organization
- Strong financial planning and budget management skills
- Proven leadership and staff development experience
- Experience managing complex financial systems and data operations
The Florida A&M University (FAMU) is committed, as evident in our policies, principles and practices, to an educational environment and equal opportunity workplace wherein each member of the University community is free from any form of harassment and discrimination. Therefore, the University prohibits discrimination on the basis of race, religion, color, age, disability, sex, sexual harassment, sexual orientation, gender identity, gender expression, marital status, national origin, genetic information, and veteran status, or any other legally protected group status (including Title IX of the Education Amendments of 1972), in accordance with state and federal laws. Discriminatory conduct in the form of sexual misconduct, including sexual harassment, sexual assault, domestic and dating violence, and stalking, is also prohibited.
#J-18808-Ljbffr