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Vice President of Finance & Chief Financial Officer
Odessa College in Odessa, Texas
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Date Posted 05/13/2019
Executive-Administrative Vice President
Employment Type fulltime
Application Deadline Open until filled

Posting Number:


Classification Title:


Working Title:

Vice President of Finance & Chief Financial Officer  

Position Status:


Position Type:



Vice President Business Affair  

General Summary:

The Vice President of Finance is the Chief Financial Officer of the District, providing management and leadership for the fiscal and business functions of Odessa College. As a member of the District's administrative leadership team, the incumbent is responsible for long-range strategic planning for financial operations and facilities development. Assumes overall responsibility for the College's financial, investment, treasury management, general accounting, grants and contracts, accounts payable and receivable, student accounts, debt management, capital financing, budgeting and audit operations. Establishes and updates the College's financial policies and standards. Supervises the financial operations departments of the College and administers contracts of outsourced support operations.  

Minimum Qualifications:

- Bachelor's degree in Accounting; 
- Either Certified Public Accountant (CPA) OR Master's degree in Education, Accounting, Finance or related field; 
- Minimum of five years' experience to include governmental or fund accounting and high level management/supervisory experience in a college or a large non-profit organization; 
- Advanced knowledge of computerized business, accounting, and budget applications; 
- Understanding of Generally Accepted Accounting Principles (GAAP), accounting methods and practices, including cash control, internal control standards and financial reporting; 
- Knowledge of federal and state laws affecting the acquisition of property for public use; 
- Documented experience using enterprise resource planning (ERP) software systems to maintain and access accounting, financial and student data; 
- Experience in establishing sound monetary policy and procedures; 
- Proven skills in effective oral and written communication. 
- Demonstrated ability to establish and maintain effective working relationships with District officials, trustees, employees, constituents and the general public from diverse socio-economic backgrounds; 
- Understanding of and commitment to the mission of the comprehensive community college;  

Preferred Qualifications:

Certified Public Accountant (CPA) certification. 

More than five years of accounting and finance work experience in a higher education environment, including senior-level management in higher education.  

Specific Position Duties:

- Performs highly responsible administrative work as the Chief Financial Officer for the District. 
- Serves as an active member of the administrative team by participating in strategic planning, policy development, program evaluation, and problem resolution. 
- Establishes College financial policies and standards, ensuring consistency with the College's mission and strategic plans and compliance with Board of Trustees' policies. 
- Establishes appropriate internal controls, budgetary controls, and audits to maintain fiscal compliance with a variety of federal, state and local regulations and Generally Accepted Accounting Standards. 
- Responsible for the organization, supervision, and planning of the business operations of the College, including accounting, investments, procurement, accounts payable, accounts receivable, asset management, cash management, and student accounts. 
- Coordinates the development and preparation of annual operating budgets for the College and monitors fiscal transactions and budget compliance throughout the year. 
- Serves as the College's Investment Officer, directing the activities associated with the security and investment of College funds and reserves. 
- Serves as Treasurer of the Odessa College Foundation and accounting officer for the Odessa College Wrangler Club. 
- Coordinates completion of annual financial audits of the District and the Odessa College Foundation. 
- Oversees the preparation of timely and accurate financial statements, management reports, and federal income tax reporting. 
- Reviews major grant and contractual obligations of the College to ensure consistency with overall financial goals and compliance with the College's financial policies, procedures, and standards. 
- Formulates revenue forecasts and recommends revisions to funding and revenue sources. 
- Advises the College in business matters pertaining to long-range master planning, facilities planning, and capital asset acquisition. 
- Prepares and presents financial reports and analysis to the Board of Trustees. 
- Assists the president in presenting recommendations and reports to various committees of the Board of Trustees. 
- Works closely with Human Resources to ensure compliance with staffing budgets, grant requirements, payroll and benefits procedures. 
- Serves as College liaison for outsourced operations of campus bookstore and food service. 
- Other duties as assigned.  

Work Hours:

Varied as required by position  

Special Instructions to Applicants:


Required Applicant Documents:

Cover Letter
Letter of Reference 1
Letter of Reference 2
Unofficial Transcript 1  

Optional Applicant Documents:

Curriculum Vitae
Unofficial Transcript 2
Unofficial Transcript 3  

Quicklink for Posting:  

*Please mention to employers when applying for this job*
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