Posting Details
Posting Details
Posting Number
0801858
Classification Title
Chief Financial Officer
Working Title
Department
Administration & Finance
Department Contact Email
[contact details available in the full listing]
Job Summary/Basic Function
Job Summary
The Chief Financial Officer provides strategic direction of
division responsibilities and ensures the financial health of the
institution as well as oversight of the fiscal planning and
fiduciary operation of the University through proper management,
direction, control and coordination for all financial activities of
the Division of Finance. The position reports to the Chief
Operating Officer with substantial collaboration with the president
and may be a member of the president’s cabinet.
The CFO will develop and execute short- and long-term strategic
budgeting and financial planning efforts related to university
revenue including tuition, fees, room and board, state appropriated
grants, Land Grant funds and all other revenue for the
University.
This is a full-time, exempt, senior leadership position.
Duties and Responsibilities
- Develop and maintain yearly plans and periodic forecasts;
allocate fiscal resources and manage the elements of fiscal
accountability.
Lead development of the annual operating budget in
collaboration with deans, department chairs, and administrative
units.
Provide annual budget and periodic information as necessary to
the president and Board of Trustees regarding all financial
matters.
Represent the institution to the Ohio Department of Higher
Education and Ohio Office of Budget and Management on budgetary
matters and participates in statewide committees and
initiatives.
Assesses finance impact of policy, fiscal and operational
issues; perform complex budgetary, management and financial
analysis.
Lead all financial audits for university and university
affiliated organizations.
Ensure timely preparation and accuracy of monthly, quarterly,
and annual financial statements.
Overall managerial oversight of all University financial
operations, from daily payments and student accounts receipts, to
working capital cash position, short-term and long-term
investments, to debt issuance and capital structure.
Report on financial results and key metrics against appropriate
base comparison (prior year budget forecast, in-depth analysis to
prepare and present projection and deviations from plan).
Provide administrative management to the following offices:
Budget, Controller, Management.
Manage institutional cash flow, banking relationships, and
short-term investments.
Oversee endowment reporting in coordination with the investment
committee and/or outside investment managers.
Evaluate debt financing options, manage existing debt
obligations, and maintain favorable credit ratings.
Provide overall leadership and management responsibility for
the centralized financial functions, including, but not limited to,
monetary asset management (cash management), financial accounting,
financial reporting, external audit, accounts payable, accounts
receivable, fixed assets accounting, capital budgets, and financial
statements.
Participate and collaborate in the negotiation of major
contracts for services, lease of property or facilities, major
construction and renovation projects with diverse vendors, sale or
purchase of real estate, and other key transactions relevant to the
fiscal status of the University.
Lead the evaluation and enhancement of the University’s risk
management framework, identify and mitigate financial risks.
Oversee and evaluate current insurance programs, ensure
adequate coverage and compliance.
Perform other duties assigned.
Minimum Qualifications
- Bachelor’s degree from an accredited college or university
- Minimum of 10 years of progressively responsible high-level
public-sector finance and administration
- Experience in managing fiscal, financial and capital budgets
and projects
- Extensive knowledge of public sector budget processes,
accounting principles, and practices.
- Strong budgetary, financial, and statistical expertise
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES
- Excellent interpersonal relationships with all internal and
external stakeholders, staff, faculty, students, professional
colleagues, and others within the community.
- Excellent communication skills both verbal and written
- Ability to manage several priorities and departments
- Ability to maintain an atmosphere of cooperation, sharing, and
tolerance
- Ability to define problems and recommend alternative
solutions
- Extensive knowledge of public finance policies and procedures
related to the fiscal activities of a state university or other
public sector institution with complex fiscal and financial
responsibilities.
Preferred Qualifications
- Certified Public Accountant ( MBA desirable)
- Prior CFO or VP of Finance experience in a higher education
institution, preferably at a small or mid-size college or
university.
- Extensive knowledge of state of Ohio budget processes and state
of Ohio accounting principles and practices
- Familiarity with Title IV federal financial aid regulations and
related compliance requirements
- Familiarity with Higher Education Enterprise Resource
management system especially Banner
Posting Date
10/27/2026
Closing Date
Open Until Filled
Yes
Special Instructions to Applicants
Work Authorization: Applicants must be legally authorized to
work in the United States at the time of hire and throughout their
employment. The University is not able to sponsor employment visas
for this position now or in the future.
Background Check: All offers of employment at Central State
University are contingent upon the successful completion of a
comprehensive background check. This may include, but is not
limited to, verification of education and employment history,
criminal history check, driving record (if applicable), drug
screening, and tax compliance review.
Certain positions may require additional screenings based on job
responsibilities, regulatory requirements, or funding
sources.
Failure to successfully complete the required background check or
provide accurate and complete information may result in withdrawal
of an offer or termination of employment.
Position Category
Staff - Monthly (Exempt)
Budgeted Annual Salary
Commensurate with experience
Supplemental Questions
Required fields are indicated with an asterisk (*).
Required Documents
Required Documents
- Resume
- Cover Letter
- Unofficial Transcripts
Optional Documents