Chief Financial Officer

Neumont University - Salt Lake City, UT

Full-time - Executive

Salt Lake City, UT

Educational Services

About the position

Neumont College of Computer Science is seeking a dynamic and experienced Chief Financial Officer (CFO) to join our executive leadership team. This pivotal role offers a unique opportunity to shape the financial strategy and operational success of our organization. As a trusted partner to the CEO, board of trustees, and private equity stakeholders, the CFO will lead financial planning, analysis, and management, ensuring our fiscal health aligns with long-term growth objectives. The ideal candidate will bring a proven track record of financial leadership, exceptional communication skills, and a deep understanding of GAAP, regulatory compliance, and the education sector. If you are passionate about driving organizational success through strategic financial management, we invite you to explore this transformative role.

Responsibilities

• Serve as Chief Financial Officer of the organization and strategic partner to the executive leadership team.
• Evaluate the organizations financial performance relative to long-term goals, budgets, and forecasts.
• Provide recommendations for short-term and long-term growth plans.
• Identify, implement, and enhance systems to deliver critical financial and operational information.
• Engage and communicate with the board of trustees, private equity partners, CEO and executive leadership team.
• Establish annual financial objectives aligned with organizational growth plans.
• Select and manage consultants and auditors.
• Recruit and hire finance, accounting, and financial aid staff as needed.
• Participate in strategic decisions and serve as a key member of the executive leadership team.
• Implement policies and processes, as directed by the executive leadership team.
• Prepare and present monthly financial statements, including budget and prior-year comparisons, and provide recommendations.
• Develop and maintain monthly and annual operating budgets.
• Oversee budgeting, forecasting, and software tools.
• Identify and analyze business initiatives and new service offerings.
• Participate in bi-weekly operational tracking meetings with private equity partners.
• Supervise the accounting department, ensuring functionality of systems and databases.
• Maintain appropriate internal controls, regulatory compliance, and financial reporting procedures.
• Ensure accurate and timely financial reporting to lenders, the U.S. Department of Education, accrediting agencies, and the board of trustees.
• Oversee the preparation of financial statements, tax filings, and annual reports.
• Ensure Title IV regulatory compliance for student financial aid.
• Collaborate with Human Resources on legal compliance.
• Review and improve month-end close processes, including account reconciliation and accruals.
• Enhance financial systems, processes, and tools.
• Oversee capital expenditure reviews and approvals.
• Manage accounting staff and external audits.
• Oversee cash flow planning, investments, and institutional loan portfolio management.
• Evaluate growth opportunities and provide risk assessments.
• Maintain banking relationships and strategic alliances.
• Use forward-looking analyses to inform organizational plans and budgets.
• Represent the company to financial partners, auditors, and regulators.
• Stay updated on audit best practices, laws, and regulations impacting operations.
• Mentor and develop accounting staff, manage work allocation, and conduct performance evaluations.
• Oversee cash management and approve large payables and manage tax distributions to investors.

Requirements

• Bachelors Degree in Accounting or Finance
• CPA Required
• Background in Big 4 Public Accounting
• Minimum 6 years experience as a CFO
• 14+ Years total accounting or finance experience with at least 2 years with a proprietary, post-secondary education company
• Strong knowledge of GAAP and education industry compliance
• Experience with campus management systems preferred
• Excellent communication, leadership, and analytical skills
• Proven experience with audits, internal controls, and compliance.

Benefits

• Generous paid time off including 17 paid holidays (including Christmas through New Years)
• Generous H.S.A. employer contributions