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Vice President of Finance and Administration
NorthWest Arkansas Community College in Bentonville, Arkansas
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Date Posted 10/21/2019
Admin-Business And Financial Management
Employment Type Fulltime
Application Deadline Open until filled

Vice President of Finance & Administration

General Description Summary
Reporting to the President, of NorthWest Arkansas Community College, the Vice President of Finance and Administration (VPFA) for NorthWest Arkansas Community College is responsible for the management, direction, control and coordination of all administrative and financial activities of the college. The Vice President of Finance and Administration provides leadership and direction for financial and administrative services and its operational staff including Finance, Human Resources, Information Technology, Operations and Policy, Risk Management, and Compliance. The VPFA is the college’s Chief Financial Officer (CFO) and serves as a member of the President’s Cabinet.

Essential Duties

  • Oversees the development, implementation and enforcement of policies and procedures through systems that will improve the overall operation and effectiveness of NWACC. Recommends and develops policies, procedures and systems to meet college objectives.

  • Plans, develops, organizes, implements, directs and evaluates the NWACC’s fiscal functions, including banking operations and investments.

  • Ensures that financial resources support NWACC’s strategic plan and priorities.

  • Provides strategic support to the president and the board of trustees regarding various strategies and long range financial and organizational planning.

  • Oversees the planning, development, and preparation of NWACC’s annual budget for presentation to the president and the board of trustees.

  • Provides leadership and guidance to human resources to ensure that policies and procedures for classification and compensation, people relations, professional development, and recruitment adhere to state and federal laws.

  • Ensures timely and accurate budget analysis and financial reporting for the president and NWACC’s leadership team, including recommendation for tuition and fee structure and rates.

  • Directs all college investments and banking operations.

  • Ensures compliance with appropriate state and federal regulatory agencies by continually monitoring operations, programs and physical resources.

  • Directs participation in state, federal and/or independent audits.

  • Disseminates information within the college on budgetary processes and procedures related to operating and capital expenditures.

  • Provides leadership and guidance for business continuity, risk management, and security, with executive oversight of risk identification and management to ensure the proactive assessment of risk in NWACC’s administrative, financial, and operational policies, processes and procedures.

  • Provides leadership and guidance regarding the development and implementation of capital planning and operations projects as well as the maintenance of the physical plant and grounds.

  • Provides executive oversight for NWACC’s information technology infrastructure and operational requirements.

  • Oversees the operation of auxiliary services, including food service and bookstore vendors.

  • Evaluates the finance/administrative services structure and team plan for continual improvement of the efficiency and effectiveness.

  • Collaborates with internal departments and external agents and constituencies to provide financial information/reports in order to accomplish strategic initiatives.

  • Represents the College at meetings and functions as requested by the president.

  • Assumes responsibilities for other duties as required or assigned by the president.

Required Education/Work Experience
Master’s Degree required or equivalent combination of training, education, and experience; 10+ years related experience and/or training, or equivalent combination of education and experience.

Experience in higher education accompanied by broad knowledge of such fields as business administration, human resources, operations management, basic construction, basic technology, risk assessment, disaster recovery, and business continuity.

Knowledge, Skills, and Abilities

  • Extensive financial and budget management experience in higher education.

  • Experience and understanding of the mission, challenges, and governance of public higher education institutions.

  • Knowledge of the best practices employed in higher education administrative and operational functions.

  • Evidence of the ability to think creatively and strategically with proactive problem solving and consensus/team building skills.

  • Skill in working collaboratively with community partners and government agencies

  • A collaborative, inclusive, and collegial leadership style; personal integrity; demonstrated good judgement, intellectual curiosity; superior organizational and leadership skills; resilience; energy; and commitment to the mission of the NorthWest Arkansas Community College.

  • Significant overall management and reporting skills, including communication with the State, NWACC Board of Trustees and the College administration, faculty, staff and students.

Physical Demands/Work Environment
The following work environment characteristics described here are representative of those an employee encounters while performing essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is low to moderate.

The following physical activities described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions and expectations.

While performing the functions of this job, the employee is regularly required to sit, use hands to finger, handle, or feel, talk or hear; frequently required to reach with hands and arms; and occasionally required to stand and walk. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision; distance vision; peripheral vision; depth perception, and ability to adjust focus.

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