Job Title: Vice President For Fiscal Affairs/Chief Business Officer (CBO)
Location: Albany State Rec. Location
Regular/Temporary: Regular
Full/Part Time: Full-Time
Job ID: 284013
About Us Albany State University is a fully accredited senior unit of the University System of Georgia. Employees receive benefits provided by the University System of Georgia, including, but not limited to, medical and major medical insurance, group life insurance, participation in the Georgia Teachers' Retirement System, Optional Retirement Plan (Faculty and exempt employees only), Social Security and Tuition Assistance Program after six months of employment.
Location Our West Campus is located at 2400 Gillionville Road, Albany, GA 31707. Our East Campus is located at 504 College Drive, Albany, GA 31705. The Human Resources office for both campuses is located on the West Campus in Building K, Suite 111.
Job Summary The Vice President for Fiscal Affairs (VPFA)/Chief Business Officer (CBO) serves as the University's primary executive officer responsible for the overall financial health and fiscal management of the institution. Reporting directly to the President, the VPFA/CBO plays a key role in shaping the University's financial strategy and will collaborate with the senior leadership, deans, faculty, and staff to support the University's mission, strategic goals, and fostering a financially sustainable future for the University.
A member of the President s Cabinet, the VPFA advises the President, the Cabinet, and other internal key stakeholders on financial and budgetary matters as well as participates in the development and implementation of strategic long-term plans. This role involves supervising the Division of Finance, Procurement, Accounting Services, Budgets & Contracts, and Auxiliary Services.
The VPFA will ensure compliance with the guidelines of the Georgia Board of Regents (BOR) policy manual; the University System of Georgia (USG) business procedures manual, the Human Resources Manual, the Construction Manual, the Official Code of Georgia (OCGA), and other federal and state laws. These guidelines require judgment, selection, and interpretation in application.
Responsibilities
Executive Leadership & Management- Serve as a member of the President s senior leadership team, contributing to the University's strategic planning and decisions.
- Partner with other senior executives to align financial and strategic priorities across the University, enhancing its regional, state, and national presence.
- Provide executive-level advice and counsel on financial matters and institutional planning.
- Collaborate with various departments, including academic, student affairs, and administration, to meet the University's mission, goals, and operational needs.
- Supervise directors of units within the Division of Finance and Administration, ensuring effective performance and teamwork.
Financial Strategy & Planning- Develop, manage, and oversee the University's annual budgeting process, ensuring alignment with institutional priorities.
- Analyze and project budget allocations, expenditures, and investments, making recommendations to ensure fiscal responsibility.
- Communicate financial information regularly to University leaders, budget managers, and other stakeholders to ensure alignment with budget constraints and approved variances.
- Prepare and present detailed monthly and weekly financial reports, including profit and loss statements, forecast vs. budget comparisons, and cash flow analyses by division.
- Lead efforts to create and refine financial models and forecasting tools that support informed decision-making.
Financial Management & Reporting- Oversee the University's cash management, investments, and asset management to ensure funds availability and financial stability.
- Manage financial reporting, including preparing monthly, quarterly, and annual financial statements and coordinating all external audits and tax filings.
- Ensure all financial records comply with local, state, federal, and accrediting body regulations.
- Supervise the management of accounts receivable, accounts payable, and other business services.
Compliance & Risk Management- Oversee the University insurance and retirement programs, ensuring that risk management processes are effectively assessed and implemented.
- Develop and monitor policies for procurement, contracts, and purchasing, ensuring cost-effectiveness and compliance with legal and regulatory standards.
- Serve as the key contact for external auditors, ensuring that audits are completed on time and effectively.
- Oversee all tax return filings and ensure compliance with financial regulatory standards and reporting requirements.
Leadership of Finance Division- Lead the finance and administration division, fostering an inclusive, transparent, and performance-driven culture.
- Provide professional development opportunities to staff within the Division of Finance to stay current on fiscal management trends and best practices.
- Oversee recruitment, selection, and performance evaluations of management personnel within the finance division.
- Promote collaboration within the division and the broader University community to ensure financial goals are met.
General Administration & University-Wide Responsibilities- Participate in campus-wide committees, providing leadership on financial matters and supporting institutional planning efforts.
- Contribute to the University's public and internal communications, promoting the institution s financial health and strategic initiatives.
- Attend University events and activities as a member of the senior leadership team, representing the University with internal and external stakeholders.
- Perform other duties as assigned by the President.
Required Qualifications
- An advanced degree in finance, business, accounting or related field.
- A minimum of 8 years of progressively responsible leadership experience in finance and administration, with a distinctive record in higher education. Employment in other professional or corporate endeavors will also be considered.
- Proven expertise in budget preparation, financial administration, and fiscal stability in complex organizational settings.
- Strong background in financial management software.
- Demonstrated ability to lead, collaborate, and communicate effectively with a wide range of stakeholders, including students, faculty, staff, alumni, and donors.
- Strong work ethic, integrity, and a commitment to upholding ethical leadership principles and practices.
Preferred Qualifications
- Certified Public Accountant (CPA) designation is preferred; an earned doctorate or terminal degree is highly preferred
- Experience in financial systems implementation and oversight, including budgeting, forecasting, and financial reporting tools.
- A deep understanding of the financial and operational challenges facing higher education institutions.
- Strong executive presence and the ability to make data-driven decisions in a fast-paced, evolving environment.
- Excellent written and oral communication skills, with experience in preparing executive reports and presentations for various audiences.
Required Documents to Attach
- Letter of Interest
- Resume
- Transcripts
- 3 Professional References (references will not be contacted without the applicant's consent)
Knowledge, Skills, & Abilities
- Responsible for being knowledgeable of USG Board of Regents policies and procedures
- Responsible for being knowledgeable of State of Georgia budgetary policies
- Knowledge of generally accepted accounting principles (GAAP)
- Knowledge of state and national issues related to higher education
- Knowledge of budget development and management principles
- Knowledge of supervisory principles and practices
- Skill in the delegation of responsibility and authority
- Skill in the operation of computers and job-related software programs
- Skill in decision making and problem solving
- Skill in interpersonal relations and in dealing with the public
- Skill in oral and written communication
Contact Information For more information or questions about a job posting, please contact the Office of Human Resources at , or by email at . For technical support, please call OneUSG Connect Support at 251.2644, or by email at .
Equal Employment Opportunity Albany State University is an equal employment, equal access, and equal educational opportunity and affirmative action institution. It is the policy our institution to recruit, hire, train, promote and educate persons without regard to race, color, national or ethnical origin, age, disability, gender, religion, sexual orientation, gender identity or veteran status as required by applicable state and federal laws (including Title VI, Title VII, Title IX, Sections 503, and 504, AREA, ADA, E.O. 11246, and Rev. Proc. 75-50). Albany State University is an Affirmative Action/Equal Opportunity Institution. For questions or more detailed information regarding this policy please contact the Albany State University Office of Human Resources at . Individuals requiring disability related accommodations for participation in any event or to obtain print materials in an alternative format . click apply for full job details