| Posting Number | TSU203824 |
| Official TSU Title | Vice President of Finance and Deputy Chief Financial Officer |
| Grant Title | N/A |
| Job Description Summary / TWC Summary | JOB SUMMARY: The Vice President of Finance and Deputy Chief Financial Officer (Deputy CFO) serve as the CFO’s second in command and leads the coordinate execution of the University’s financial operations. The position translates financial strategy into operating priorities, strengthens financial controls, and ensures that finance leaders deliver reliable accounting, budgeting, forecasting, procurement, and financial reporting.\n\nThe Deputy CFO provides the leadership capacity needed to stabilize operations and implement Finance Forward in support of Ascend 2030. The position coordinates audit remediation, finance systems implementation, state appropriation utilization and recovery, and the financial administration of Title III and other grants. The Deputy CFO acts on behalf of the CFO within written delegated authority and supports the CFO’s leadership of institutional financial strategy and capital governance.\n\nDISTINGUISHING CHARACTERISTICS: The Vice President of Finance and Deputy Chief Financial Officer serve as the CFO’s second in command, providing executive leadership for financial operations and implementation of approved financial initiatives. The position exercises delegated authority to coordinate finance functions, strengthen controls, resolve operational issues, and hold leaders accountable for results.\n\nThe position supports the CFO’s oversight of institutional financial health, capital governance, state appropriations, and the financial management of Title III and other grants. The Deputy CFO collaborates with this leader to implement approved changes and ensure operating teams sustain improvements. |
| Essential Duties Summary | Financial Leadership and Operational Execution\n\n- Lead and coordinate Financial Planning & Analysis, Finance Operations, and Procurement within the approved organizational structure.\n- Establish operating priorities, service standards, performance expectations, and accountability for finance leaders.\n- Resolve issues spanning finance functions and escalate material financial, operational, and compliance risks to the CFO.\n- Represent the CFO in meetings, committees, and institutional matters within delegated authority.\n\nAccounting, Financial Reporting, and Internal Controls\n\n- Oversee timely financial close, account reconciliations, balance sheet reviews, and preparation of the Annual Financial Report and supporting audit schedules.\n- Ensure financial reporting is accurate, supported, and consistent with applicable accounting standards and reporting requirements.\n- Strengthening controls over cash, payments, receivables, payroll, journal entries, fixed assets, and restricted funds.\n- Coordinate audit responses and corrective actions, assign owners and obtain evidence of implementation for independent validation.\n\nBudgeting, Financial Planning, and Treasury\n\n- Oversee comprehensive operating and capital budgets, long-range financial models, and recurring budget-to-actual reporting.\n- Direct development and maintenance of 13-week and annual cash forecasts, revenue projections, and financial scenario analyses.\n- Coordinate liquidity monitoring, banking operations, debt report, and endowment accounting under approved policies.\n- Ensure material financial variances, forecast assumptions, and emerging funding needs are clearly communicated to the CFO.\n\nState Appropriations and Grant Financial Management\n\n- Lead operational coordination of state appropriation utilization, reimbursement, reconciliation, and reporting.\n- Establish recurring monitoring to identify eligible expenditures, outstanding reimbursements, deadlines, and funds at risk.\n- Oversee financial administration of Title III and other grants, including budgets, accounting, reimbursement or drawdowns, financial reporting, and closeout.\n- Partner with program leaders and grants administration to validate expenditure eligibility, award restrictions, supporting documentation, and required approvals.\n- Maintain clear accountability between program delivery, programmatic compliance, and financial administration.\n\nCapital Planning and Institutional Initiatives\n\n- Support the CFO-led Capital Committee through financial analysis, affordability assessments, funding plans, capital budgets, and expenditure monitoring.\n- Collaborate with Strategic Initiatives and Transformation on business cases, prioritization, and implementation milestones.\n- Coordinate with Facilities and project owners on financial reporting, funding requirements, and emerging project risks.\n- Ensure proposed commitment receive appropriate financial review and authorization.\n\nFinance Transformation and Systems\n\n- Lead implementation of approved Finance Forward initiatives within operating finance functions.\n- Coordinate with Strategic Initiatives and Transformation to align staffing, processes, systems, training, and operational readiness.\n- Serve as the CFO’s delegate for finance ERP and planning implementation, including business requirements, data conversion, integrations, testing, and financial reconciliations.\n- Partner with OIT and functional owners on financial system access, segregation of duties, change approvals, audit logging, and periodic access certification.\n- Manage approved consulting engagements, deliverables, knowledge transfer, and internal resource commitments.\n\nProcurement Service Delivery, and Performance Management\n\n- Strengthen procurement, contract administration, receiving, accounts payable, and prompt payment processes.\n- Establish consistent exception handling, escalation procedures, and service expectations across Finance.\n- Review executive dashboards and scorecards to monitor financial performance, controls, service delivery, and remediation progress.\n- Develop finance talent, assess staffing needs, and support existing and newly created business models.\n- Performs other duties as assigned.\n\nSCOPE OF THE RESPONSIBILITES: The Vice President of Finance and Deputy Chief Financial Officer provide executive oversight of assigned finance functions and exercises independent judgment in directing operations, allocating resources, resolving issues, and implementing approved initiatives.\n\nUnder the proposed structure, the SAVP Financial Planning & Analysis, SAVP Finance Operations and Controller, and SAVP Procurement / Chief Procurement & Integrity Officer report to this position. Final supervisory assignments are subject to University approval.\n\nThe CFO retains institutional financial strategy, executive financial accountability, Capital Committee leadership, and direct oversight of the SAVP Strategic Initiatives and Transformation. The Deputy CFO exercises signing, contracting, expenditure, banking, and investment authority only within documented delegations and University policy. |
| % FTE | 1.0 |
| Hiring Range | $227,857.82 - $296,215.17 |
| Education | Bachelor’s degree in accounting, Finance, Business Administration, or a closely related field. |
| Required Licensing/Certification | Preferred:\n\nOne or more of the following certifications or equivalent professional credentials:\n\n- Certified Public Accountant (CPA)\n- Certified Management Accountant (CMA)\n- Chartered Financial Analyst (CFA)\n- Certified Government Financial Manager (CGFM)\n- Certified Internal Auditor (CIA)\n- Project Management Professional (PMP) |
| Knowledge, Skills, and Abilities | Knowledge of:\n\n- Financial management, accounting principles, and financial reporting standards applicable to public higher education\n- Governmental and fund accounting, including GASB standards and regulatory reporting requirements\n- Budget development, financial forecasting, long-range financial planning, and cash flow management\n- Internal controls, financial risk management, regulatory compliance, and audit remediation\n- Treasury management, debt administration, investments, and endowment accounting\n- Procurement, contracting, accounts payable, and financial transaction controls\n- State appropriations, federal grants, restricted funding, and related financial compliance requirements\n- Enterprise financial systems, financial analytics, process improvement, and organizational transformation\n- Capital budgeting, financial feasibility analysis, and institutional financial sustainability\n\nSkill in:\n\n- Executive financial leadership, strategic analysis, and decision-making\n- Managing complex financial operations and leading multidisciplinary teams\n- Financial modeling, forecasting, budgeting, and performance analysis\n- Developing and implementing financial policies, procedures, and internal controls\n- Leading financial reporting, audit preparation, and corrective action initiatives\n- Identifying operational inefficiencies and implementing sustainable process improvements\n- Executive communication, financial presentations, and stakeholder engagement\n- Managing competing priorities, resolving cross-functional issues, and driving organizational accountability\n- Leading financial systems implementations and organizational change\n\nAbility to:\n\n- Serve as the CFO’s second-in-command and provide executive oversight of assigned financial functions\n- Translate institutional financial strategies into measurable operational priorities and results\n- Lead multiple financial departments while maintaining accountability for performance, compliance, and service delivery\n- Ensure accurate, timely, and reliable financial reporting and effective financial controls\n- Develop and execute financial improvement initiatives that strengthen institutional financial sustainability\n- Coordinate financial operations across academic, administrative, and auxiliary functions\n- Evaluate complex financial and operational challenges and recommend practical, risk-informed solutions\n- Communicate effectively with executive leadership, governing boards, auditors, faculty, staff, and external stakeholders\n- Exercise independent judgment, maintain confidentiality, and uphold the highest standards of professional integrity\n- Develop finance leadership talent, strengthen organizational capabilities, and promote a culture of accountability, collaboration, and continuous improvement\n- Management multiple priorities and projects simultaneously |
| Work Experience | - At least Ten (10) years of progressively responsible financial management experience, including five years in senior leadership with responsibility across multiple finance functions.\n- Demonstrated success leading accounting and financial reporting, budgeting or forecasting, internal controls, and cross-functional operational improvement in a complex organization.\n- Experience managing audit remediation, implementing or improving financial systems, and leading teams through significant organizational changes.\n- Working knowledge of fund accounting, restricted funding, grant financial administration, and the financial reporting requirements applicable to public higher education, or demonstrated ability to develop that knowledge quickly.\n- Ability to maintain the security or integrity of critical infrastructure, which may include communications systems, computer networks and systems, cybersecurity systems, electrical grid, hazardous waste treatment or water treatment system.\n- Candidates must demonstrate substantial financial leadership experience, sound financial judgment, and expertise in financial management, accounting, budgeting, financial reporting, internal controls, and organizational leadership. |
| Working/Environmental Conditions | Work is performed in a standard office environment. The position may require extended periods of sitting, standing, walking, computer use, and attendance and meetings and events. Occasional evening and weekend work may be required to support institutional priorities, board meetings, strategic initiatives, audits, and special projects. |
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