Associate Vice President for Business & Financial Affairs

Position Summary
This position is a strategic thought-partner of the Senior Vice President of Business and Financial Affairs CFO and Treasurer. The incumbent must have the ability to act on behalf of the CFO in their absence. The position will act as the key source of strategic finance and financial reporting expertise and knowledge and will be instrumental in developing and implementing strategies to transform the Colleges business model as needed to include development and implementation of strategies to drive business process efficiency and the creation of alternative revenue streams. The position will assist the CFO in the financial administration of the Division of Business and Financial Affairs to include Administrative Support Services Investment Operations Budgets and Contracts Office of the Controller Facilities and Management Services Auxiliary Services (Dining College Bookstore and Licensing) and Insurance administration. The incumbent will directly oversee the Office of the Controller Budgets and Contracts and Insurance as part of the risk portfolio of the College. The ideal incumbent will be technically proficient strategic visionary and creative.

Essential Duties And Responsibilities
ESSENTIAL DUTIES and RESPONSIBILITIES Assist the SVP in developing financial strategy to ensure long term financial health grow financial resources and ensure financial stability of the College Oversees the Office of the Controller and management of Spelman Colleges operating cash flows and the strategic investment of excess operating cash in order to maximize return on Colleges assets ensuring that sufficient cash is on hand to pay the Colleges obligations including payroll and related liabilities periodic debt service requirements and operating expenditures. Oversees the Office of Budgets and Contracts and development and management of the College-wide operating budget to ensure responsible stewardship and strategic allocation of institutional resources. Oversee the preparation of the quarterly and annual consolidated financial statements and develop strategic forecasts and scenarios utilizing external and internal economic and financial data Collaborate with the Executive Director of Business Operations to support operational process efficiencies Functions as liaison in coordination with the Controller with Spelman Colleges external audit firms in the annual audit of the Colleges general purpose and single audit financial statements Manage the insurance programs of the College (e.g. risk cyber building content pollution workers compensation) excluding health insurance and consider various risk factors Work with SVP to develop real estate strategy alternative revenue growth strategies and physical infrastructure long term plans

Physical Demands
While performing the duties of this job the employee is regularly required to: sit use hands for computers and to move items talk and hear. The employee is frequently required to: stand walk reach with hands and arms. The employee is occasionally required to: stoop or kneel or climb and lift and/or move up to 15 pounds. Specific vision abilities required by this job include close vision distance vision color vision and ability to adjust focus.

Required Qualifications
Masters degree required in Business Administration or related field plus 10 years of related financial managerial experience is required. CPA certificate is required. Experience in higher education highly preferred Strong interpersonal skills and the ability to work with a diverse group of people and organizations are essential. The incumbent must have excellent knowledge of financial accounting and reporting for private colleges analytical and problem-solving skills and the ability to think in a strategic manner. Strong management abilities are also required. Excellent oral communication skills are required when presenting information and responding to questions from internal and external customers in one-on-one or group situations. Incumbent must be able to write business correspondence plus compose memos letters and e-mails. Also must be able to read analyze and interpret documents such as annual reports business and accounting periodicals and safety rules. To perform this job successfully an individual must have the ability to perform intermediate level computer skills using the Microsoft Office Suite (Word Excel and PowerPoint). In addition to producing business correspondence duties may involve assignments that require creating spreadsheets with formulas and pivot tables PowerPoint presentations and computer-generated graphics. Internet navigation and use of Lotus Notes/Outlook are required. Experience utilizing financial software platforms required. Experience utilizing Workday and/or ERP transitions and technology driven process enhancements is strongly preferred to include artificial intelligence for finance (Claude and OpenAI) Fundriver Treasury Solutions Anaplan (or other enterprise-wide budgeting platform)

Preferred Qualifications
Experience with Workday and/or ERP transitions and technology driven process enhancements is strongly preferred to include artificial intelligence for finance

Required Experience:

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