Director of Finance

Director of Finance Westminster, MDFull-Time: $81,082.00 - $109,461.00 Annually Job Number: FY25-00020 Job Summary The Director of Finance is a key leadership role responsible for overseeing and optimizing the financial operations of the College. This position manages a diverse portfolio including accounting, budgeting, financial planning, grant reporting, investments, internal auditing, and compliance. Reporting to the Vice President of Administrative Services, the Director plays a crucial role in ensuring the College's fiscal health and supporting its strategic objectives. Essential Job Functions Develop and implement strategic financial plans aligned with the College's mission and goals. Lead the preparation and monitoring of the College's annual operating budget. Oversee financial forecasting and long-term financial modeling. Manage the College's investment portfolio. Direct all financial operations, including accounting, accounts payable, student billing, cash management, and procurement. Supervise and mentor the finance team, fostering a culture of excellence and continuous improvement Collaborate with Information Technology to leverage financial systems and data analytics for informed decision-making. Oversee internal auditing processes and coordinate external audits. Ensure compliance with federal, state, and local financial and operational regulations. Prepare and present financial reports for the Board of Trustees, executive leadership, and external agencies. Manage the financial aspects of federal and state grant applications, reporting, and compliance. Oversee the preparation of accurate and timely financial statements and operational metrics. Serve as a financial advisor to various College departments, Student Government Organization, Child Development Center, and Athletics. Stay abreast of emerging trends in higher education finance and operations, implementing best practices. Lead financial process improvement initiatives to enhance efficiency and effectiveness across all business functions. Explore and implement sustainable financial and operational models to support the College's long-term viability. Participate in key committees and task forces related to college finances, operations, and strategic planning. Build and maintain relationships with external partners, including banks, auditors, and key vendors. Performs other duties as assigned. Minimum Requirements to Perform Work Master's degree in accounting, finance, or business administration with 7 years progressive experience in financial management, with at least 3 years in a leadership role OR bachelor's degree in accounting, finance, or business administration with 10 years progressive experience in financial management, with at least 5 years in a leadership role Active Certified Public Accountant (CPA) license Demonstrated experience with modern financial systems and data analytics tools Advanced proficiency in Microsoft Office suite, particularly Excel Strong knowledge of GAAP, GASB, and higher education financial regulations Excellent analytical, problem-solving, and decision-making skills Outstanding communication and interpersonal skills, with the ability to explain complex financial concepts to diverse audiences Preferred Experience in public higher education finance Familiarity with Maryland state higher education funding models and regulations Proficiency in advanced financial modeling and forecasting techniques Experience with Ellucian Colleague enterprise resource planning (ERP) system Knowledge of data visualization tools Supplemental Information SALARY INFORMATION: This full-time position will be placed on the College 12-month employee Exempt Staff salary scale at grade 111. Actual salary placement based on qualifications and experience. Position includes an excellent fringe benefits package. PHYSICAL DEMANDS: The work is normally sedentary work which requires exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects. Additionally, the following physical abilities are required: Hear/talk/communicate - Must be able to exchange information and communicate Visual Acuity - Ability to perceive or detect surroundings Mental Acuity - Able to focus, concentrate, understand and convey subject matter Repetitive motion (i.e. keyboarding) Stand/sit/walk/able to move or traverse from one area to another WORK ENVIRONMENT: College campus, direct contact with diverse students, staff, faculty and the general public in classrooms, common and shared areas, offices, and campus environments. Work environment involves everyday risks or discomforts which require normal safety precautions typical of such places as office, meeting, and training rooms. Use of safe workplace practices with office equipment; computers for data entry and word processing with some highly technical applications and new technology systems; avoidance of trips and falls; observance of fire and building safety regulations; observance of all College policies; and observance of traffic laws when/if driving College vehicles. TO QUALIFY FOR EMPLOYMENT, SELECTED CANDIDATES MUST: successfully complete a criminal background check (for designated positions) be able to work on campus as of the first day of employment be a resident of DE, MD, PA, VA, WV or DC as of the first day of employment be currently authorized to work in the US, as the College does not offer Visa sponsorships Carroll Community College has the right to revise this position description at any time, and this position description does not represent in any way a contract of employment. Carroll Community College is committed to creating a diverse, equitable and inclusive environment. Carroll Community College is committed to Equal Opportunity Employment. recblid fxi8d67k8i61opjbl9s8ml7qgkbf50

Created: 2025-02-28