February 2013 - PESC

This new CFO will be responsible for managing all finance, accounting and reporting
functions for the college. He or she will (1) work closely with the CEO to gather and leverage
financial and other data to make critical decisions around programs, enrollment, financial
aid, technology, partnerships, and other aspects of the school’s operations; (2)
provide leadership and coordination of all company financial practices, including accounting,
budgeting, financial reports, taxes and audit functions; (3) assure compliance with all
regulatory agencies, including working with outside auditors in preparation of annual financial
and compliance audits; (4) work with the VP of Financial Aid to oversee financial
aid programs and all associated transfers of funds between the company and the federal
government’s Title IV and other programs; and (5) work with the CEO and investors to
assess and, if and when appropriate, open new campuses and/or acquire other schools.
Specific responsibilities and expectations include the following:
• Oversee all company accounting practices, including accounting, budgeting, financial
reports, taxes and audit functions for all campus locations.
• Assist the CEO in managing school operations.
• Provide consultative support to internal department leaders and their initiatives by
providing reporting, sound financial analysis and thoughtful, well-reasoned, balanced
recommendations.
• Assure compliance with all regulatory agencies, including working with outside
auditors in preparation of annual financial and compliance audits.
• Develop and utilize forward-looking, predictive models and activity-based financial
analysis to provide insight into the organization’s operations and business
plans.
• Create, coordinate, and evaluate changes and improvements in automated financial
management information systems for the company. Work with the VP Administration
and head of Financial Aid to oversee financial aid programs and all associated
transfers of funds between the company and the federal government’s Title
IV and other programs.
• On an ongoing basis, gather financial and other data that can be used to run the
school more efficiently and profitably.
• Assist with financial strategy, planning and forecasting.
• Synthesize and generate financial reporting for outside accounting firm(s), ownership,
CEO, and department heads.
• Prepare financial analysis for contract negotiations and corporate investment decisions;
manage procurement process for meaningful equipment acquisition or major
contracts.
Chief Financial Officer, Spartan College