Vice President for Finance

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Job description

Salary:
$175,000.00 – $185,000.00 Annually

Location: Grambling

Job Type: Full-Time Unclassified

Job Number: 202200300

Division: Finance

Department: Vice President for Finance

Opening Date: 05/22/2025

Closing Date: 8/31/2025 11:59 PM Central

Job Summary

The Vice President for Finance, as chief fiscal officer of the University, is responsible for the executive management of the financial support and business-related service units of the University and Foundation. Major functions include, but are not limited to, (1) directing all fiscal matters; (2) establishing policies and procedures; (3) preparing reports, audits and budgets; (4) increasing resources; and (5) providing cost-effective services. The Vice President for Finance reports to the President of the University and is a member of the President’s Cabinet. The Vice President for Finance is responsible for all fiscal units within the Division.

Job Duties & Responsibilities

  • Lead and facilitate all of the financial accounting and finance functions, reporting principles, methods, techniques, and standards as applied within an academic environment for the Finance division.
  • Analyzes various business, financial, treasury, and budget matters making recommendations and solutions to the President, the President’s Council, and department heads for resolution and future considerations.
  • Provides strategic financial leadership to the institution, contributing to the overall strategy and operational goals of the University from a broad business perspective and with a focus on both influencing change and most effectively deploying the University’s financial resources.
  • Develops and presents accurate, transparent, and insightful repo11s, presentations, and communications to engage individuals at all levels of the University to inform financial decision- making.
  • Models, evaluates, and advises on the financial impact and return of proposed decisions, policies, and strategies. Provides recommendations to enhance financial performance and business opportunities. Translates the University’s strategic and tactical business plans into financial plans. Develops and continually evaluates the University’s short and long-term strategic financial objectives.
  • Develops, implements, and maintains robust, efficient and transparent budgeting and forecasting processes, systems and tools as needed to maintain a balanced budget. Provides timely and accurate financial reporting, analysis and management repo1is of financial results, trends, and forecasts.
  • Initiates appropriate strategies and actions to enhance the University’s investment management decisions and activities, including: the University and Foundation endowment, intermediate and short-term cash, debt financing, short/long-term borrowing, bank services, and manages lender relationships.
  • Oversees systems and procedures for proper expenditures and control of the University’s budget to insure the fiscal stability of the institution. Oversees the University’s budget to support department operations and allocation to areas including, staffing, operations and equipment. Responsible for increasing and maintaining the University’s fiscal health score within Board guidelines.
  • Organizes, coordinates, and facilitates capital budgeting for construction planning of new facilities and facilities modifications. Participates in facilities planning and assures university-wide perspective is represented in space and renovation discussions. Works with the Facilities Planning and Control Department to ensure projects are prioritized and funded.
  • Oversees the University’s Auxiliary units (food service operations and mailroom, etc.) to ensure contractual services are rendered, and to create and implement growth strategies that generate new and enhanced revenue streams. Negotiates the acquisition of goods and services at best cost, without sacrificing quality.
  • Coordinates efforts and provides leadership on external audits. Ensures policy, contracts and compliance efforts are developed and maintained to mitigate audit findings and that proper internal controls are in place and functional.
  • Leads operational procedures to purchase on behalf of the University in the most economical way, interest in real property, contractual services, rentals of all types, supplies and materials, equipment and services in accordance with procurement guidelines.
  • Coordinates the operating procedures to manage and maintain the fixed assets; the inventory of movable equipment of the instih1tion, and the disposal, salvage or demolition of assets.
  • Leads, supervises, coordinates, and evaluates all Finance direct reports. Supports recruitment, professional development, promotion, and retention of quality staff. Builds and maintains high pe1fo1mers and team-oriented environments.
  • Develops policies and procedures for the Finance Division. Ensures that financial practices, policies, and procedures comply with all state and federal mandates, and are communicated to the campus community as well as oubl.ished in the University’s Policies and Procedures Manual.
  • Composes data for internal and external entities. Analyzes and interprets financial data, repoits, statements, and/or projections. Ensures that timely, accurate financial statements are prepared and presented to the Auditor, and other constituents.
  • Coordinates all activities as it relates to contract development, monitoring and training for contracts administered by the University:
  • Serves as Grambling University Foundation Chief Financial Officer and is responsible for the overall fiscal management of the Foundation, including guiding the finance team, external auditors and investment portfolio advisers.
  • Develops and sustains productive and collaborative relationships across divisions and with other university constituencies. Executes other duties as assigned by the President

Qualifications

Minimum:

  • A Master’s degree is required in business administration or other appropriate related advanced degree.
  • A minimum of ten years of administrative leadership experience, preferably in higher education, with significant management and supervisory experience.
  • The desired candidate should possess experience in financial analysis, budget planning and management.
  • The successful candidate must have a through knowledge of business and finance principles and practices applicable to higher as they apply at the the local, state, and national levels.

Preferred:

  • CPA designation and experience with Banner Software.

How to apply

Applications without the following will not be considered complete.

  • Cover Letter
  • Resume
  • Transcript(s) if applicable
  • Curriculum Vitae if applicable

State As a Model Employer

>GSU is an AA/EEO Employer and Educator with facilities that are accessible to the disabled.<

Grambling State University’s vision is to be a distinguished institution that produces accomplished graduates sought by global employers and top-tier graduate and professional schools, particularly in the fields of science, engineering technology, mathematics, business, nursing, mass communication, and teacher education.