February 2013 - PESC

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• Assist in refining and/or establishing policies, procedures, internal controls, and analytical processes to ensure timely and efficient execution of finance, accounting and financial aid related objectives. • Refine and execute expense monitoring and control procedures. • Assemble the right financial team; supervise a Controller and other junior accounting staff members; constantly evaluate staff THE CAREER OPPORTUNITY To an experienced CFO with relevant for-profit higher education experience and a strong operations background, this opportunity offers several attractive features: The opportunity to join a small executive team and have “a seat at the table” as the college and investors chart its future The opportunity to work with the current investors in evaluating growth options, including new campuses, joint ventures and potential acquisitions The opportunity to be the principal financial decision maker in a niche school capable of growing to $60+MM or more within 3-5 years The opportunity to attain equity in the company The opportunity to work in an attractive Nashville TN location THE IDEAL CANDIDATE The ideal candidate is working as Chief Financial Officer or Vice President of Finance for an accredited for-profit college that enrolls students eligible for federal financial aid funds under Title IV legislation. He or she has worked with the CEO, COO, and other corporate executives, as well as Campus Presidents, to oversee all company accounting practices, including accounting, budgeting, financial reports, taxes and audit functions for the school. S/he has also helped to maintain accreditation and Title IV compliance, and together with a CEO and investors to secure additional funding and/or in an M&A capacity as opportunity presents. Importantly, this individual has a strong operational background—not just a “bean counter.” This individual is a “player/coach”—strategic enough to handle critical financial management issues but also hands-on enough to manage day-to-day cash flow at the campus level. Specifically, he or she has – Chief Financial Officer, Spartan College
High energy, financial and operational skills, work ethic, and integrity An extensive background in financial management with particular strengths in the areas of financial statement preparation, budgeting/forecasting and planning, financial analysis, internal controls, process improvement, and cash management A strong operations management foundation—capable of working with the CEO in a variety of functional areas to build a powerful operational foundation to the school Facility with data—its sources, aggregation, and application to allow the CEO and others to make enlightened decisions in a variety of functional areas, including new campus rollouts and program development and marketing A management style that is decisive and entrepreneurial; strong conceptual, creative, and problem-solving skills; a self-starter who is capable of managing his/her time and priorities effectively while successfully accomplishing planned objectives A track record of exerting strong fiscal control (appropriately managing/conserving cash) and driving EBIT bottom-line growth Specific experience with Title IV and other financial aid programs, regulatory compliance, revenue recognition, reviewing account reconciliations, and pro-forma analyses Experience developing and implementing financial processes and procedures that are scalable as an organization grows; experience managing finances for a multilocation school Experience bringing a strategic level of leadership to the finance function, serving as financial strategist while managing the day-to-day requirements of a finance department Superior business and financial analytical skills--success with timely monthly financial reporting, detailed financial analysis, and the preparation of ad-hoc reports and analyses, cash flow planning, and management Experience working with external parties, e.g. private equity investors, bankers, consultants, and independent accountants; experience reporting on, and monitoring compliance with, bank covenants; M&A and/or IPO experience would be valuable A bachelor’s degree in Accounting, Finance or a related field; a Master of Business Administration degree and/or designation as a Certified Public Accountant would be a plus Culturally and temperamentally, the ideal candidate is a team player who believes that individual success flows from the overall success of the organization. This involves a range of personal attributes-- flexibility and adaptability; a great work ethic; leadership with minimal supervision; an ability to analyze and evaluate one’s own (and Chief Financial Officer, Spartan College
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FEBRUARY 201 3 NEWS AND COMMENTARY
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FEB RUA RY 2 013 Th e STANDARD NEWS
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REGISTRATION FORM Spring 2013 Data
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Spring 2013 Data Summit Sessions at
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EDUNIFY SUPPORTED BY EXPER IENCE. T
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Dr. Lingenfelter’s keynote addres
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Past winners of PESC’s Annual Bes
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Summary of Activities, Meetings and
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September and October 2012 Report f
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Page 65 and 66: 2 THE CHRONICLE OF HIGHER EDUCATION
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Page 69 and 70: 4 Overview of Results Knowing what
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Page 73 and 74: 8 In 2012, CIOs most often reported
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Page 81 and 82: 16 Do you outsource e-mail for facu
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Page 85 and 86: 20 Cloud Computing Influencers by S
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February 2013 - PESC

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