Reports to and is under the direction of the President of Stark State College. Is a member of the President's Executive Council (the council of senior administrators). The Chief Financial Officer is Stark State's leading financial management expert and provides direct day-to-day leadership of financial planning and analysis, accounting, auditing, internal controls, investments, and fiscal management systems of both Stark State College and the Stark State College Foundation. Serves as Treasurer of the Stark State College Board of Trustees.
Is an effective team member and works with the administrative team to help ensure that college resources are used to realize higher levels of student access and success (enrollment growth and higher graduation and completion), with a focus on diversity, equity, and inclusion; growth of programs and to realize more community alignment.
Responsible for articulating and cultivating a clear understanding across the college of Stark State's financial conditions, trends, and alternative options; monitors and develops plans associated with the college's major funding sources (tuition, fees and state funding), with particular attention to the State of Ohio's performance-based funding formula. Especially important is supporting an environment of innovation, supporting teaching and learning, and driving for the result of community-aligned student learning.
Identifies short and long-term trends and understanding of how financial operations, business services and information technology services support and enhance the essential services of the college; providing input on capabilities, requirements, and budget priorities to ensure alignment of financial strategies with Stark State's strategic plan and the college's mission and vision; and, implementing innovative, effective, and efficient business and information technology solutions.
Responsible for coordinating the development of Stark State's long-range financial plans and annual budget; developing plans for managing financial reserves and financing capital investments; developing and maintaining clear and transparent financial records and reports; managing institutional investments, cash flow and asset optimization; and the implementation of financial policies and procedures that strengthen the effectiveness of the institution.
Serve as one of the College's liaisons to the Ohio Association of Community Colleges, the Ohio Department of Higher Education (liaison in the realm of Ohio policy and regulatory rule development as they impact and intersect with financial matters) and the Ohio Attorney General's (AG's) Office (for safety, security and other matters).
QUALIFICATIONS AND PREFERRED ATTRIBUTES
This is a senior-level position for a seasoned professional with ample experience to be successful as the financial leader of Stark State College, the fourth-largest of 23 community and technical colleges serving Ohio students, with an annual operating budget of $68 million dollars.
A bachelor's degree in a business or technical field is considered a minimum (if also paired with a CPA or CMA certification); but preferred is a bachelor's degree in an accounting or a financially-orientated field with a master's degree in a business-related field. A minimum of ten (10) years of professional experience with progressively more complex responsibilities in business operations and/or financial administration is required; five (5) years of significant professional- level financial management experience reporting to a Vice President or CEO-level supervisor is required (preferably with higher education experience).
Must have vision, energy, and a rich combination of experience, strong oral and written communication skills and personal qualities to support the continuing development of a high-quality, dynamic, community-aligned college. Must be an innovative thinker who can understand the big picture and present creative, entrepreneurial ideas and solutions.
Significant experience in and accountability for organizational leadership and financial performance. Knowledge and experience in all aspects of financial management, policy development and operations in a college environment; experience in financial planning and integrating effective business services to support student learning; ability to present financial information clearly to diverse constituencies; and experience with integrated ERP systems.
Comprehensive understanding of public higher education and emerging issues and trends in the financial management of higher education. Also, demonstrated experience in strategic planning, project management, budget management, the ability to promote and effectively embrace thoughtful, calculated, and sustainable change. The ability to plan, design, and implement multiple initiatives and projects on time and within budget; and a demonstrated commitment to measuring efficiency, effectiveness, and cost-benefit rationale for investment.
Ability to lead directors, supervisors and employees in the areas of business and finance; IT; maintenance and grounds; campus security; and auxiliary services.
According to the US Bureau of Labor Statistics (BLS), employment in education, training, and library is projected to grow 5 percent from 2019 to 2029. The reason for this increase is the increase in students enrolling in schools.
According to BLS, the median annual wage for sales and related occupations was $52,380 in May 2020, which was higher than the median annual wage for all occupations of $41,950. Since many educational, training, and library occupations are directly tied to state and local budgets, this will have say in potential growth in this area.
Here are some types of occupations within Education and Training:
Adult Basic and Secondary Education and ESL Teachers