Vice President of Finance

Minneapolis, MN

Full Time

Executive

Job Description

Job Title:         Vice President of Finance
Classification: Exempt
Reports to:     President
Salary Range: $105,000-$125,000

North Central University Mission Statement
North Central University is a dynamic Christian learning community educating students for lives of service throughout society, the marketplace, and the church. In keeping with its Pentecostal heritage and mission, NCU models and expects excellence in both academic practice and Christian faith.

Position Purpose
The Vice President of Finance serves as the chief financial officer for the University. Charged with oversight and management of the financial interest of the university, the Vice President of Finance exercises primary responsibility for stewarding and aligning the University's financial resources to achieve the University's academic mission, operational goals, vision and strategy, and to facilitate operational effectiveness though planning, analysis, implementation, management, and control of the University's financial activities.

Reporting directly to the President, the Vice President serves as a member of the President's Cabinet and participates in developing and shaping institutional goals, policies, and long-range planning strategies consistent with the University's mission.

The Vice President of Finance is the staff appointee to the Finance committee of the Board of Regents and plays a critical role in aligning financial resources with enrollment strategy, fundraising, and institutional priorities.

Key Responsibilities
Under the direction of the President, the Vice President of Finance performs the following duties:

Assist the President as a lead administrator in carrying out the mission of the University in the areas of finance and administration to both on and off campus constituencies.
Must demonstrate exceptional knowledge and skills sets for overseeing corporate and educational finances.
Contribute to the development of strategic goals and objectives to ensure appropriate allocation of resources to support the University's mission through multi-year financial modeling, scenario planning, and sustainability initiatives.
Develop short and long-range goals and objectives for finance and administration in support of the University's mission and strategic plan.
Prepare and provide financial information, operational metrics, and forecasts to the President's Cabinet, Board of Regents and its Committees.
Provide financial leadership to the institution, contributing to the overall strategy and operational plans of the University both from a broad business perspective and with a focus on most effectively deploying the University's financial resources.
Participate in acquisition and growth activities to support overall business objectives and plans including on campus and off campus projects.
Provide recommendation to strategically enhance financial performance and business opportunities.
Initiate appropriate strategies and actions to enhance the University's investment management decisions and activities, including the University's endowment, intermediate and short-term cash; debt financing; short term borrowing and interest rate management' and bank services and lender relationships.
Complete financial and statistical reports required by federal, state, and local government regulatory agencies and university administration relating to areas of responsibility ensuring compliance.
Maintain proper systems of accounting, internal controls, purchasing, and budgetary control.
Develop the annual operating and capital budgets and lead the annual budgeting process.
Systematically review and evaluate relationships with vendors to ensure the university is working with the best pricing as well as quality products.
Provide leadership within the whole university to assure collaborative work is happening in the development and execution of strategies and initiatives that fulfill the mission and vision for NCU.

Job Qualifications
Minimum Education and Experience:

Master's degree (MBA preferred) and/or CPA license required.
Minimum of five years full time administrative experience in accounting or fiscal affairs involving budget development and control preferably in a private, higher education setting.

Knowledge, Skills, and Abilities:

Demonstrate strong commitment to the mission and Community Life Standard of North Central University.
Demonstrated Christian character and servant leadership.
Serve as an officer of the university, including participating as a member of the President’s Cabinet, appointed representative to the Finance Committee of the Board of Regents and President’s Council
Possess an in-depth understanding of the financial and operational implications that drive a university's business.
A strong relationship builder and communicator with experience in strategic financial planning and execution, fiscal management and budgeting, and investment management.
Ability to generate respect and trust from faculty, staff and external constituencies.
Good interpersonal abilities and communication skills; capacity to get along with diverse personalities; tactful, mature, and flexible.
Experience in a broad variety of management areas with demonstrated leadership accomplishments.
Experience in a broad variety of management areas with demonstrated leadership accomplishments.
High energy level, comfortable performing multifaceted projects in conjunction with day-to-day activities; resourceful and well organized.
Good reasoning and analytical skills; exercises sound judgment.
Ability to negotiate contracts with various vendors for the maximum benefit of the University.
If ministerial credentialed, participate in spiritual guidance and counsel for both students and faculty/staff when opportunities arise.

Working Conditions and Frequency
Environmental Conditions

Exposure to repetitive use of the fingers, hands, and wrists on a daily basis.
Usage of a computer averages approximately 90% of the workday.

North Central University employs qualified individuals regardless of race, color, national origin, sex, disability, age, marital status, genetic information, veteran status, familial status, and status with regard to public assistance. Individuals must be able to perform the essential functions of the position with or without reasonable accommodation.

The aforementioned statements are not intended to encompass all functions and qualifications of the position; rather, they are intended to provide a general framework of the requirements of the position. Job incumbents may be required to perform other functions not specifically addressed in this job description.

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Christian Community Life Standards
Employees of North Central University must abide by the following:

The following Christian Community Life Standards have been adopted by the Board of Regents of North Central University and apply to all members of the North Central University community, specifically including students, faculty, staff, administrators and all others that share or participate regularly in the community life of the University.

At North Central we strive to combine rigorous academic training with a strong spiritual environment. Students, administration, faculty, and staff cooperate to achieve a Christ-centered community where biblical standards are upheld. A personal relationship with Christ and active involvement in a local church are required for membership in the North Central community.

The Christian standards embodied in this policy apply to the enumerated members of the North Central University community, both on and off the campus, and both during the University term and when the University is not in session. Christian life is not a “part-time” endeavor and, therefore, the Christian standards here set forth to apply to all members of the community wherever they may be located and at all times of the year.

Any violation of these standards is grounds for serious disciplinary action with the possibility of dismissal from the University, dismissal from employment, suspension or such other action as the University deems necessary and appropriate.* I agree

Certain practices are forbidden in Scripture and will not be tolerated in the lives of members of the University community. Those practices include pornography, sexual relationships outside of marriage (promiscuity in any form), cohabitation and homosexuality. Also, the University prohibits the drinking of alcoholic beverages, the use of tobacco and non-medical drugs, and gambling in any form. Also prohibited are any form of theft, dishonesty (including cheating and plagiarism) and civil disobedience (except in those rare cases that civil disobedience is warranted by an honestly held religious principle and informed conscience, if such action is taken after consultation with Church leaders). Sinful practices such as jealousy, pride, gossip, slander, profanity, vulgarity and greed are inconsistent with the goals of a Christian life style and are likewise, to be avoided by all members of the community.

Members of the North Central community are expected to practice restraint and discretion in their participation in all forms of entertainment. Nothing should be viewed or listened to which is in conflict with standards maintained by the Assemblies of God. This standard applies to all entertainment, including live theater, dance, television, movie theaters, videos, radio and music.* I agree

North Central University encourages all members of the University community to act with discretion in choice of dress. Our standards of dress incorporate obedience to the Biblical principles that we be modest in all things, that we do not offend in any way, and that we glorify God in everything. Our concern is that clothing of all types is characterized by modesty, neatness, cleanliness and appropriateness for a Christian community (see the Student Life Guide for student dress code and the Faculty and Staff manuals for faculty and staff dress codes).

Community life at North Central University should be marked by careful consistent demonstration of Christian love and service to others, concern for evangelism and world missions, honesty, personal integrity, recognition of the rights of others, defense and advocacy of justice and glorifying God in all thought and action. Any type of discrimination against other racial or ethnic groups is forbidden, as is personal or sexual harassment of any nature. The University expects all students, faculty, staff and other members of the University to remove from their behavior, speech habits and thinking, as much as possible, all indication of racial or ethnic bias. Racism in any form will not be tolerated within the North Central University community.

North Central University community life is exemplified by, and takes as its model, the life of Christ. Dedication to the pursuit of excellence, forbearance for one another and daily commitment to Jesus Christ as Lord by continued study and obedience to Scripture in all areas of life remains our guiding light.* I agree

North Central University is a Christ-centered institution, and all employees are expected to live in accordance with our Christian Community Life Standards listed above. With that in mind, would you be willing to share your personal faith journey and how your relationship with Christ influences your daily life and work? **

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Vice President of Finance

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