Job Title: Vice President of Finance and Chief Financial Officer

Department: Financial Services

Reports To: President

Supervises: Finance and assigned operational areas

Job Classification: Exempt

Location: Iowa Valley Community College District, Marshalltown, IA

Summary: The Vice President of Finance and Chief Financial Officer serves as the District's chief financial officer and a member of the executive leadership team. The position provides strategic leadership for financial planning, budgeting, accounting, reporting, investments, debt, risk management, contracts, and the financial aspects of facilities and capital projects. The CFO advises the President and Board of Directors, safeguards public resources, and helps the District make sound decisions that support students, employees, and long-term institutional sustainability.

Job Responsibilities:

• Financial operations and internal controls: Provides oversight for accounting, accounts payable, accounts receivable, payroll coordination, purchasing, cash management, grants accounting, and related financial operations. Maintains reliable records and effective internal controls, and ensures compliance with District policy and applicable requirements.
• Budgeting, forecasting, and resource planning: Leads the annual budget process and multiyear financial planning. Develops forecasts and financial models, monitors performance against budget, and provides timely analysis to support resource allocation and institutional priorities.
• Financial reporting, audit, and compliance: Ensures accurate and timely financial reporting for the Board, executive leadership team, and federal, state, granting, and other authorities. Leads the annual independent audit and coordinates corrective action when needed. Recommends finance policy and procedure changes that improve accountability and compliance.
• Executive leadership and governance: Serves on the executive leadership team and brings a financial and operational perspective to districtwide decisions. Advises the President and Board of Directors on financial conditions, opportunities, risks, and policy implications. Serves as Treasurer to the Board of Directors.
• Facilities, capital planning, and contracts: Partners in long-range facilities planning and funding strategy. Monitors plant fund resources and capital budgets, provides financial oversight for major construction and bond projects, and supports sound contract administration.
• Risk management and institutional support: Coordinates insurance and risk management activities, including participation in the District's self-insured pool. Provides financial analysis for employee benefit proposals, retirement incentives, fleet decisions, and other major operational matters. Promotes responsive service and clear communication across the District.
• Team leadership: Leads, supports, and holds accountable the staff and functions assigned to the finance area. Establishes clear goals, develops staff capacity, evaluates performance, and builds effective cross training and succession plans.
• Treasury, investments, debt, and tax matters: Oversees cash flow, investments of idle funds, debt service, bond-related financial activity, certified budget requirements, tax levies, and required reporting. Serves as the primary financial contact for rating agencies, financial advisors, auditors, and county officials.
• Keeps current with laws, regulations, accounting standards, and public finance practices that affect the District.
• Maintains organized and accessible records for District contracts and agreements in coordination with responsible departments and legal counsel.
• Participates in the district's designated self-insured pool as a board member.
• Represents the District with auditors, financial institutions, government agencies, community partners, and professional organizations.
• Works and communicates professionally with others and carries out responsibilities in a way that supports student learning and District success.
• Supports the overall success of the District by performing other duties as assigned.

Education and Experience: Completion of a Bachelor's degree in business, accounting, or finance. Seven to ten years of experience in accounting or financial management required, preferably in a senior management position with an administrative department such as finance and budget. CPA, MBA, or master's in accountancy preferred. Experience cannot be substituted for education.

Abilities:

• Strategic financial leadership, including the ability to connect budgets and long-range forecasts to institutional priorities.
• Sound judgment, integrity, discretion, and independent decision making when handling confidential or high consequence matters.
• Knowledge of generally accepted accounting principles, audit practices, internal controls, risk management, and applicable public sector requirements.
• Ability to identify financial and operational risk, present practical options, and recommend a clear course of action.
• Ability to lead through changing priorities while maintaining accuracy, responsiveness, and appropriate follow-through.
• Strong communication and relationship building skills, including the ability to listen well, communicate directly, and work effectively across departments and locations.
• Ability to delegate, develop staff, strengthen business processes, and build a service-focused and accountable team culture.
• Advanced proficiency with spreadsheets, financial systems, and data analysis. Working knowledge of Microsoft 365, including Excel, Word, PowerPoint, Outlook, and Teams, and experience with an enterprise resource planning system.
• Commitment to the mission of a comprehensive community college and to decisions that support student access, learning, and success.

Base Wage: $112,233-$149,644 annually - actual salary will be based on experience and education.

Benefit Information: This position offers a full benefit package including health, dental, vision, life insurance, long-term disability, retirement plan, vacation, sick and staff development opportunities.

Note: Must be legally eligible to work in the United States without employer sponsorship.

Pay Range: $112,233 - $149,644 per year