Vice President of Financial and Administrative Affairs
Position Summary:
The Vice President of Financial and Administrative Affairs (Vice President FAA) at the Clarence Fitzroy Bryant College is the College’s Chief Financial Officer and is expected to plan, organize and direct the financial accounting and reporting operations of the College.
The Vice President FAA provides leadership and executive oversight for a broad range of financial and support operations, including financial planning and budgeting, controller functions, auditing, cash and investment management, accounts receivable, accounts payable, procurement, student financial services and financial administration of research and grants.
The Vice President FAA is expected to work collegially with other administrators, faculty and staff to maintain strong academic quality across the institution and particularly with Institutional Development to seek funding and administrative solutions to support the academic mission of the College. He or she will promote a culture of high performance and continuous improvement that values learning and a commitment to quality. The Vice President FAA reports to the President.
Essential Responsibilities:
- Oversee all aspects of the college accounting and financial management systems, including the development, coordination and implementation of financial policies.
- Prepare and monitor budgets in accordance with government policy, the college’s goals and objectives, and priorities set by the Board.
- Ensure that adequate controls are implemented and that documentation is approved and available such that all purchases may pass independent and governmental audits.
- Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal and other awards and programs.
- Coordinate the activities of independent and Federal auditors ensuring all audit issues are resolved.
- Prepare the annual financial statements in accordance with international accounting standards and federal, state and other required supplementary schedules and information.
- Prepare deadline sensitive reports, surveys, resolutions and documentation for the Board of Governors.
- Oversee the maintenance of the inventory of all fixed assets, including assets purchased with government funds ensuring all are in accordance with regulations.
- Oversee student financial services and treasury-related functions (e.g. cashiering collections, receivables and payables, cash management, and banking relationships).
- Supervise the development, implementation and continuous monitoring of the college’s annual budget.
- Manage internal funds and oversee externally managed funds, credit lines, and other elements of overall external financing strategies.
- Identify, promote and lead strategies for revenue generation.
- Spearhead the preparation of accurate monthly financial statements and disclosures for internal and/or external users in accordance with legal requirements.
- Continuously improve accounting systems and procedures so that accounting records provide accurate and timely information in accordance with generally accepted accounting principles.
- Oversee the procurement process and contract monitoring activities.
- Implement and maintain appropriate internal controls and compliance through the Conflict of Interest disclosure process.
- Coordinate the activities of the external auditors, all year-end accounting functions and preparation of the trial balance and audit schedules.
- Foster a culture of philanthropy and ensure that fund development is executed in keeping with the organization’s values, vision, and mission.
Education/Experience Required:
- Bachelor’s degree in Finance or Accounting or a related field.
- A Certified Public Accountant or other comparable designation
- A minimum of five years progressive leadership in corporate or higher education accounting
- Outstanding analytical abilities to drive fact–based decision making.
- Strong people-relations skills, with the ability to relate to all levels of staff within the College, the community and the Board of Governors.
- Outstanding oral and written communication skills
- Highly developed organizational skills.
- Demonstrated budgeting skills
Preferred:
- An MBA or Masters in Finance or Accounting
- Proven track record of success facilitating progressive institutional change and development
within a growing organization.
Organizational Relationships:
The Vice President FAA reports directly to the President and works closely with the Executive and Finance Committee of the Board. He or she is a member of the administrative team, who supervises and develops members of the finance and administrative staff including, accounting, treasury management and student financial services.
Applications should include:
- Letter of Application
- Curriculum Vitae
- Official academic certificates, transcripts and other relevant documents (certified copies)
- Two references with telephone and e-mail addresses
- Police Record (Certificate of character)
- One Passport sized photo
Salary:
Salary will be commensurate with qualifications and experience and in accordance with current salary structure at the College.
Applications can be emailed to: boardofgovernors@cfbc.edu.kn
and addressed to
The Chairman of the Board
Clarence Fitzroy Bryant College
P.O. Box 268, Burdon Street, Basseterre, St. Kitts
The deadline for receipt of applications is April 30, 2021. Late applications will not be acknowledged.
