Associate Vice Chancellor for Finance
Company: Fayetteville State University
Location: Fayetteville
Posted on: May 26, 2023
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Job Description:
Hiring Range: Commensurate with Education and Experience Overall
Position Competency: EHRA Description of primary duties and
responsibilities: Primary Purpose of the Organizational Unit:
Business and Finance is responsible for supporting the university's
teaching, research and public service mission by providing quality
business and administrative services to the FSU community and
ensuring transparency in planning and budgeting.
Primary Purpose of the Position:
The Assistant/Associate Vice Chancellor for Finance ( AVCF )
reports to and serves as a deputy to the Vice Chancellor for
Business and Finance ( VCB &F) for all financial affairs. The
AVCF also collaborates with other university leaders and their
staff on initiatives and projects that cut across divisional
boundaries. The AVCF provides day-to-day management and leadership
for the financial operations of FSU . The AVCF will foster
innovation while providing administrative leadership and direction,
setting goals and priorities, and reviewing financial operations
and business functions. In addition, this position supports efforts
to ensure financial information is transparent and accessible to
all members of the College community and promotes strategic,
comprehensive, and data-informed decision-making. The AVCF brings
an analytical as well as policy perspective to financial
operations, toward new or proposed projects and transactions for
which financial analysis ( ROI , cost/benefit, cash flow) is needed
in order to help senior decision-makers arrive at sound business
decisions. Description of Work Continued: Duties and
Responsibilities:
1. Leads and directs the financial functions in planning,
accounting, enterprise financial and reporting systems, financial
reporting and analyses, reviewing and developing key financial
processes to ensure compliance, integrity and cost-effectiveness.
Establishes accounting policies and procedures for the University's
accounting and financial transactions, ensuring they meet standards
of internal control and compliance.
2. Responsible for planning, directing, overseeing and certifying
all year-end financial reporting activities including timely GAAP
financial statements, work papers, external audits, and related
financial year end close activities. Analyzes and makes
recommendations for application of generally accepted accounting
principles within the University's financial reporting and
accounting environment and in accordance with GASB ; monitors
regulatory environment to plan for and communicate impact; Directs
the preparation of all financial statements and reports, including
income statements, balance sheets, grant reports, tax returns, and
governmental agency reports.
3. Establishes and maintains comprehensive internal controls
designed to mitigate risk, protect assets and support the financial
infrastructure of the university. Designs internal controls that
provide assurance in achieving specified objectives in 1)
effectiveness and efficiency of operations.
2) compliance with laws and regulations, and 3) reliability of
financial reporting. Manage the University Controller function; to
include: a. Financial reporting, general accounting, Comprehensive
Annual Financial Reporting ( CAFR ), tax compliance and reporting,
capital asset accounting, university cash management, banking
operations, NCAS reconciliation, fund authority oversight, PCI
compliance program in accordance with banking industry standards.
b. Serve as liaison for compliance programs; state audit, and
regulatory and informational request reporting to UNC System
Office, Office of State Budget and Management ( OSBM ), Office of
State Controller ( OSC ), Office of State Treasurers Office ( STO
), Office of State Human Resources ( OSHR ), and the NC General
Assembly.
4. Responsible for the University's financial systems of record,
tracking, reporting systems and accurate and timely accounting and
financial services, ensuring adherence to sound accounting
principles and financial reporting standards. Provides guidance,
support tools, and documentation to help units across campus manage
financial related processes.
5. In coordination with the Office of Budget and Planning prepares
financial reports for the Board of Trustees and management to
assess the financial health of the University and support
decision-making.
6. Manage University Treasury operation to include debt management
reporting, debt disclosure requirement, endowment operations,
foundation accounting and financial reporting for affiliated and
associated entities.
7. Manage the Student Account/Bursar operation for billing,
collection and loan issuance services. PCI compliance program in
accordance with banking industry standards.
8. Manage personnel functions, maintain a collegial working
environment within the Finance department and adhere to applicable
personnel policies. Recruit, recommend for hire, train, evaluate,
lead, and motivate staff. Organize unit to meet workload and
customer service goals within budgetary constraints. Establish
performance standards; evaluate employees and assist managers with
staff goals and training plans. Work with managers to improve and
maintain staff morale.
9. Other duties as assigned. Minimum Education And Experience
Requirements: Master's degree in business administration or related
field; or a Bachelor's degree in accounting, management, finance,
or business administration with substantially equivalent experience
will be considered; five to seven years of progressively
responsible financial management experience (or equivalent
combination of education and experience) in a related field.
Knowledge, Skills And Abilities: Preferred Qualifications:
Fayetteville State University is committed to equality of
educational opportunity and does not discriminate against
applicants, students, or employees based on race, religion, color,
national origin, sex, age, disabling condition, political
affiliation or sexual orientation. Moreover, Fayetteville State
University values diversity and actively seeks to recruit talented
students, faculty, and staff from diverse backgrounds. Veteran's
Statement Fayetteville State University is a VEVRAA Federal
Contractor and seeks priority referrals of protected veterans for
our openings. Required fields are indicated with an asterisk (*).
Keywords: Fayetteville State University, Fayetteville , Associate Vice Chancellor for Finance, Accounting, Auditing , Fayetteville, North Carolina
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