to the President of Morris College and provides stewardship over all financial
operations of the College. They advise the President on all financial matters and are
responsible for delivering support services that enhance the educational mission of the
campus. The CFO will serve as a senior member of the President's Cabinet.
POSITION DESCRIPTION:
- Responsible for the day-to-day planning and management of all financial functions
including preparing financial statements; overseeing financial aid, student billing and
accounts receivable; coordinating annual audit reports; managing cash and investments;
preparing annual budgets, approving all expenditures, purchase orders, and checks, and
preparing and approving contracts for services and grants.
- Oversee the Business Office, Human Resources, Bookstore, Mail Services, and any
consultants working in these areas.
- Recommends staffing needs to support best practices in the Business Office and the
directives of the President.
- Coordinate financial planning which leads to a strong, sustainable institution, supporting
the goals of the College's mission and strategic plan.
- Informs the President of any material deviations and provides trend information of
organizational revenues and expenditures, as well as a forward-looking multi-year outlook.
- Manages all financial planning and financial analyses, the handling of investments, and
appropriate controls and reports.
- Coordinates and supervises the development of institutional operating budgets.
- Develops and executes an integrated budget formulation in conjunction with the President
and other senior leaders and administers the approved budget, authorizing appropriate
budget adjustments as needed to carry out the normal operations of the campus.
- Provides leadership and direction to the Business Office (BO), ensuring efficient, accurate,
and compliant personnel and purchasing transactions through the development of subject-
matter experts and the implementation of standardized processes across campus.
- Administers all business and financial aspects of the campus, including the development
and administration of interagency contracts and financial relationships.
- Recommend ways to link funds and operating budget requests to campus planning.
- Integrates major business and related operations, including areas not directly managed, to
ensure a transparent and seamless team across various departments, such as budgeting,
controller/accounting activities, purchasing, and human resources.
- Ensure that monitoring systems are in place to track compliance with all federal and state
laws and regulations, and that all staff receive the necessary training to comply with
relevant laws and regulations.
- Adheres to and fosters high standards of ethical conduct, compliance with all applicable
laws and regulations, and appropriate financial oversight and controls.
- Exercises prudent management practices and authorizes exceptions to purchasing and
payment policies when appropriate and within existing laws.
- Ensures strong collaboration with centralized service areas to improve the delivery of
services across the institution.
