Pepperdine University is seeking applications for the position of Chief Financial Officer.
Pepperdine University is a Christian university committed to the highest standards of academic excellence and Christian values, where students are strengthened for lives of purpose, service and leadership. The University enrolls nearly 8,000 full-time and part-time students in its five colleges and schools, and serves its student population on the main Malibu, California campus, seven graduate campuses across Southern California and in Washington DC, and six international campuses across the world. The University has a $500 million gross operating budget, assets totaling approximately $1.7 billion, and net assets of $1.3 billion.
The CFO should have a passion for higher education, and for Pepperdine and its mission. The CFO is expected to make a personal and departmental commitment to professional excellence, focusing on mission, trust, interpersonal skills, team building, and relationships. The CFO must find fulfillment in supporting and enabling strategic initiatives on the academic and business sides of the institution and help build consensus. Finally, the CFO must lead using best practices built upon adherence to the highest ethical standards and consistent with the precepts and virtues celebrated in the Christian tradition. This is key in all aspects of job performance, University interactions, and outside communications on behalf of the University.
The CFO should approach their work as a high-level financial thinker in support of the vision set by the CEO and senior team, serving the institution, senior administration, and the Board of Regents. The CFO must be able to analyze micro and macro data to spot trends, creatively generating recommendations to the senior administration to accomplish strategic institutional goals. The CFO should be adept at identifying all relevant financial considerations in a given context to offer counsel and advice.
The CFO will oversee, enhance, and report on the institution’s financial management in support of the University’s strategic plans. This includes priority-focused resource allocation and budgeting, financial analysis and strategy, debt management, cash flow optimization, audit management, and financial information systems and modeling. The CFO is also expected to make recommendations and projections regarding cash and liquidity management, capital planning, procurement and purchasing, bond and other treasury issues, and external audit. As well, the CFO will serve as the liaison for University banking relationships, rating agency interactions, and, collectively with the chief administrative officer, the Board of Regents Finance and Administration Committee. The CFO will serve and assist in a number of University initiatives, including the institutional retirement plan and employee benefits program, as well as serving on various committees.
These responsibilities require the CFO to develop a broad understanding of University business and goals, and to develop collaborative partnerships of goodwill with senior administration, deans, and other University stakeholders in pursuit of strategic decision-making and sound resource allocation. Creative problem solving and collaboration will be key in the CFO’s responsibility to assist academic leaders in achieving short-term and long-term academic goals through financial stability and sustainability. The CFO must be able to handle complex financial issues and transactions and also competently communicate financial information to non-financial audiences. Additionally, the CFO must manage and lead a high-performing department of approximately 40 employees, covering the spectrum of financial responsibilities including the controller’s office, accounts payable, purchasing, the University cashier, payroll, general accounting, campus commerce, and financial planning. The CFO is expected to foster a departmental culture exemplifying distinguished customer service, accountability, and accuracy while modeling servant leadership.
- Minimum of a Bachelor’s degree in Economics, Accounting, Finance, Business, or related field required; advanced degree preferred.
- Exceptional leadership and strategic planning abilities required.
- Extensive financial experience with an organization of at least $250 million in annual revenue required; higher education experience preferred.
- Progressively responsible accounting, banking, or financial management experience, with demonstrated proficiency for financial analysis, cash flow management, debt strategy, financial modeling, and long-term financial planning.
- Demonstrated record of innovation.
- Successful problem analysis and resolution skills.
- Strong working knowledge of related State and Federal compliance regulations and related policies and procedures.
- A self-starter with a strong work ethic and the ability to prioritize and adapt to changing circumstances in an entrepreneurial environment.
- Exceptional presentation skills, including the poise to deal effectively with board members, senior level executives, government officials, investment communities, colleagues, and others.
- Excellent interpersonal and communication skills, including listening, and the ability to communicate complex issues effectively verbally and in writing.
- A high level of energy, self-confidence, a positive ‘can-do’ attitude, and the ability to function in a fast-paced and high-expectation environment.
- A consensus-building leadership style seeking and valuing input from others.
- An ability to build relationships effectively and think synergistically.
- Unimpeachable integrity, exceptional judgment, fairness, and trustworthiness.
- An ability to project a strong positive image of Pepperdine through interaction with all constituencies conducting business with the University.
- Apply a disciplined and collaborative approach to safeguarding Pepperdine’s existing assets and ensuring alignment with Pepperdine’s mission.
- Provide leadership, direction, and management of the finance team and oversee key areas including accounting, budget, taxation, debt strategy, and financial operations.
- Establish credibility as an effective problem solver and mentor on financial issues.
- Analyze operational issues affecting the institution and quantify the financial impact.
- Develop and administer clear financial policies that appropriately reflect general economic, business, and financial conditions and that are consistent with Pepperdine’s Strategic Plan.
- Collaborate with University stakeholders to develop and implement the University’s annual operating budget.
- Lead in the development of key metrics and best practices to measure organizational performance, as well as related reporting and analysis. Collaborate with the undergraduate and graduate schools to develop performance and budgetary metrics.
- Communicate in a timely manner financial analysis that will assist the senior leadership, president, and the Board of Regents in fulfilling their responsibilities.
- Provide advice and counsel to the executive vice president, president, and Board of Regents regarding future indebtedness, debt capacity, disposition of assets, liability management, financial policies, strategic, capital, and financial forecasting, and other decision-making issues.
- Collaborate with the chief investment officer and his/her staff to maintain optimal financial efficiency, health, and positioning of all University assets.
- Initiate, assist, and collaborate in the development, evaluation, and implementation of new revenue and cost-savings initiatives.
- Ensure compliance with applicable regulations affecting the University’s operations, including post-issuance compliance with tax-exempt bond requirements.
- Construct and monitor reliable systems of internal control, ensure recordkeeping in compliance with internal and regulatory rules, and understand and mitigate key elements of the University’s risk profile.
- Analyze, consolidate, and direct all cost accounting procedures together with other statistical and routine reports.
- Direct the development and establishment of accounting policies and procedures relating to the organization’s financial planning, budgeting, and reporting. Control and ensure compliance with generally accepted accounting principles, federal regulations, and audit requirements.
- Utilize finance and accounting software for ad hoc and ongoing revenue metrics analysis and provide indicators having the greatest impact on revenue and expenses. Responsible for the selection, implementation, and deployment of any finance and accounting system enhancements.
- Oversee a broad array of cash and financial management services, including managing external bank and custodial accounts for the University and all subsidiaries. Manage banking relationships and the University’s cash including payments of liabilities, deposits of funds, and investing. Prepare and maintain ongoing cash flow projections incorporating all operating, capital, and strategic initiatives.
- Serve as co-chairperson of the University retirement plan committee, tasked with regulatory compliance and fiduciary oversight of University employee retirement assets.
- Other projects and duties as assigned.
Pepperdine University is an Equal Opportunity Employer and does not unlawfully discriminate in employment practices on the basis of race, color, national or ethnic origin, age, sex, disability, or prior military service. Federal guidelines recognize the right of church-related institutions to seek personnel who will support the goals of the institution, including the right to select members of the church to which the institution is related.
Apply Here: http://www.Click2Apply.net/b3g5tn3bhcwdsnyz
For more information