Chief Financial Officer (CFO)

Position Summary:

The Chief Financial Officer (CFO) serves on the President’s Executive Team. This position is responsible for managing and overseeing the business aspects of the College’s operations and policies. As the College’s Chief Financial Officer, this position provides collaborative financial management leadership for the college; ensures the short-term and long-term fiscal health of the college; oversees the business practices of the college; and ensures that the budget is linked to and supports the College’s strategic plans.

Essential Duties and Responsibilities:

• Oversee all financial operations including budgeting, forecasting, reporting, and analysis to ensure fiscal health and strategic alignment.
• Lead the development and management of the College’s annual budget, integrating strategic and business planning processes.
• Ensure compliance with all financial, legal, regulatory, contractual, and accounting standards and practices.
• Develop and maintain long-term financial forecasts, revenue projections, and fund balance strategies.
• Manage investment portfolios, debt issuance, and cash flow to ensure optimal financial performance and statutory compliance.
• Provide financial reports, program cost analyses, and data-driven recommendations to the President and Board of Trustees.
• Administer property and liability insurance, purchasing, records retention, and office services to support operational needs.
• Coordinate and monitor RFPs, contracts, and agreements related to financial services, insurance, and external audits.
• Support the Terra College Foundation in financial planning, investment management, and fundraising strategies.
• Promote operational efficiency and continuous improvement across all areas of responsibility.
• Supervise and develop staff, fostering a strong customer service culture and professional growth.
• Represent the College to financial stakeholders, including rating agencies, external advisors, and auditors.
• Other duties as assigned.

Supervisory Responsibilities:

Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints; and resolving problems.

• Financial Services Team – Controller, Accounting Specialists, Cashiers, and Business Office Associate

Education and/or Experience:

• Bachelor’s Degree in Business, Accounting, Finance, or related field required.
• Master’s Degree in Business, Accounting, Finance, related field preferred.
• 3-5 years in senior level financial/business management, preferably in a higher education institution.
• Must be bondable.

Other Skills, and Abilities:

• Demonstrated ability to work cooperatively and collaboratively with college faculty, staff, administrators, and governing boards
• Experience in operational and strategic planning, policy development, and financial analysis
• Ability to effectively communicate ideas and information in written and oral format to administrative staff, professional colleagues, governing boards, and the general public in large or small group settings
• Proven ability to effectively create and manage a multi-million-dollar budget and balance strategic, tactical, and operational priorities required
• Specific state knowledge regarding Ohio Board of Regents, Ohio Attorney General, and Ohio State Auditor preferred
• Demonstrated ability to multitask and manage in a dynamic, changing environment desired
• Demonstrated leadership skills to motivate employees
• Strong interpersonal skills

Certificates, Licenses, Registrations (as applicable)

• CPA Preferred

Working Conditions and Physical Requirements:

• Typical office/classroom environment.
• Ability to lift up to 25 pounds, stand or sit for extended periods.
• Reasonable accommodations will be made for individuals with disabilities.

Statement of Commitment

As part of Terra State Community College’s ongoing commitment in providing the highest quality education and training to our students, faculty, staff and community, the College will:

• Educate students by means of free, open, and rigorous intellectual inquiry to seek the truth.
• Equip students with an opportunity to develop the intellectual skills they need to reach their own, informed conclusions.
• Not require, favor, disfavor, or prohibit speech or lawful assembly.
• Create a community dedicated to an ethic of civil and free inquiry, which respects the autonomy of each member, supports individual capacities for growth, and tolerates the differences in opinion that naturally occur in a public higher education community.
• Treat all faculty, staff, and students as individuals, will hold them to equal standards, and provide them equality of opportunity, with regard to those individuals’ race, ethnicity, religion, sex, sexual orientation, gender identity, or gender expression.