Chief Financial Officer

Simmons College Of Kentucky - Louisville, KY

Full-time - Executive

Louisville, KY

Educational Services

About the position

The Chief Financial Officer (CFO) at Simmons College of Kentucky will oversee all financial operations during a period of growth and transition. This role is integral to the executive leadership team, reporting directly to the President through the Chief of Staff. The CFO will be responsible for financial oversight, ensuring sound financial practices, and developing strategies to support the institution's long-term sustainability, while also participating in fundraising efforts and managing the finance team.

Responsibilities

• Lead and manage the financial operations of the college, including accounting, budgeting, financial reporting, and auditing.
• Develop and implement financial strategies aligned with the institution's strategic plan and goals, including ongoing capital campaign initiatives.
• Oversee the preparation of financial statements, reports, and projections for the President, Chief of Staff, Board of Trustees, and other key stakeholders.
• Effectively monitor and manage cash flow, revenue, and expenditures to ensure fiscal responsibility.
• Ensure compliance with all regulatory requirements, including federal and state reporting, tax filings, and financial audits.
• Work closely with external auditors and financial consultants to ensure accurate reporting and internal controls.
• Collaborate with other senior leaders to assess financial performance and make recommendations for improvements.
• Manage and support the finance team, fostering a culture of accountability, professional growth, and continuous improvement.
• Provide financial guidance and insight to support the college's decision-making process, including future capital projects and operational sustainability.
• Participate in fundraising efforts, grant management, and the stewardship of financial gifts, including endowment management.
• Ensure alignment of financial strategies with Simmons College's mission, goals, and HBCU status.
• Build donor confidence by demonstrating excellence in stewardship of gifts and awards.
• Ensure effectiveness of financial controls and compliance with donor restrictions and grant requirements.
• Identify trends, mitigate risks, and address areas for improvement.

Requirements

• Master's degree in finance, accounting, or a related field is required.
• Certified Public Accountant (CPA) license is preferred.
• At least 8-10 years of progressively responsible experience in financial management preferred.
• At least 5 years in a senior leadership role in higher education, non-profits, or mission-driven organizations preferred.
• Proven experience with capital campaigns, endowment management, and complex budgeting and forecasting.
• Strong knowledge of GAAP, federal and state financial regulations, and audit processes specific to higher education and non-profits.
• Proficiency in financial management systems (ERP) and financial modeling tools.
• Excellent communication skills with the ability to engage with diverse stakeholders and external partners.
• Experience leading and developing a finance team, with a focus on accountability and performance improvement.
• Demonstrated ability to identify trends, risks, and opportunities, and provide strategic recommendations.
• Commitment to the mission and values of Historically Black Colleges and Universities (HBCUs) or similar organizations, with a passion for advancing equity and access in education.

Nice-to-haves

• Experience in fundraising and grant management.
• Familiarity with financial software systems and data analysis tools.
• Strong project management skills.

Benefits

• Competitive salary and benefits package.
• Opportunities for professional development and growth.
• Engagement in a mission-driven environment focused on equity and access in education.