February 2013 - PESC
February 2013 - PESC
February 2013 - PESC
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• Assist in refining and/or establishing policies, procedures, internal controls, and<br />
analytical processes to ensure timely and efficient execution of finance, accounting<br />
and financial aid related objectives.<br />
• Refine and execute expense monitoring and control procedures.<br />
• Assemble the right financial team; supervise a Controller and other junior accounting<br />
staff members; constantly evaluate staff<br />
THE CAREER OPPORTUNITY<br />
To an experienced CFO with relevant for-profit higher education experience and a strong<br />
operations background, this opportunity offers several attractive features:<br />
The opportunity to join a small executive team and have “a seat at the table” as the college<br />
and investors chart its future<br />
The opportunity to work with the current investors in evaluating growth options, including<br />
new campuses, joint ventures and potential acquisitions<br />
The opportunity to be the principal financial decision maker in a niche school capable of<br />
growing to $60+MM or more within 3-5 years<br />
The opportunity to attain equity in the company<br />
The opportunity to work in an attractive Nashville TN location<br />
THE IDEAL CANDIDATE<br />
The ideal candidate is working as Chief Financial Officer or Vice President of Finance for an accredited<br />
for-profit college that enrolls students eligible for federal financial aid funds under Title IV legislation.<br />
He or she has worked with the CEO, COO, and other corporate executives, as well as<br />
Campus Presidents, to oversee all company accounting practices, including accounting, budgeting,<br />
financial reports, taxes and audit functions for the school. S/he has also helped to maintain accreditation<br />
and Title IV compliance, and together with a CEO and investors to secure additional funding<br />
and/or in an M&A capacity as opportunity presents. Importantly, this individual has a strong<br />
operational background—not just a “bean counter.”<br />
This individual is a “player/coach”—strategic enough to handle critical financial management<br />
issues but also hands-on enough to manage day-to-day cash flow at the campus<br />
level.<br />
Specifically, he or she has –<br />
Chief Financial Officer, Spartan College