Chief Financial Officer

St Ambrose University - Davenport, IA

Full-time - Executive

Davenport, IA

1,001-5,000 employees

Educational Services

About the position

St. Ambrose University is seeking a Chief Financial Officer (CFO) to lead the financial operations and strategic growth of the institution. The CFO will play a critical role in ensuring sound financial practices, overseeing facilities and projects, and developing strategies for long-term sustainability. This position is ideal for a collaborative and strategic leader who is passionate about enhancing the university's financial health and supporting its mission in Catholic higher education.

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, Cabinet, 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, Title IX and other compliance related activities.
• 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.
• Lead and manage the information technology department and ensure security, compliance and strategic direction for information technology.
• Manage and support the finance, accounting, human resources, information technology, and facilities team, fostering a culture of accountability, professional growth, and continuous improvement.
• Manage and oversee third party services and vendors, including food services, bookstore, housekeeping services, and other potential contracts.
• Provide financial guidance and insight to support the college's decision-making process, including future capital projects and operational sustainability.
• Oversee the risk management and compliance activities of the university.
• Participate in fundraising efforts, grant management, and the stewardship of financial gifts, including endowment management.
• Ensure alignment of financial strategies with St. Ambrose University's mission, vision and goals.
• Ensure effectiveness of financial controls and compliance with donor restrictions and grant requirements.
• Identify trends, mitigate risks, and address areas for improvement.
• Provide data to board committees and offer leadership at a strategic level to various board groups.

Requirements

• Bachelor's degree in finance, accounting, or a related field is required, master's degree preferred.
• 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 a Catholic university, with a passion for faith-based higher education.

Nice-to-haves

• Experience in fundraising and grant management.
• Familiarity with donor stewardship and financial reporting for endowments.

Benefits

• Competitive salary and comprehensive benefits package including health, dental, and vision insurance.
• Retirement savings plan with employer match.
• Tuition remission for employees and qualifying dependents.
• Opportunities for professional development and training.
• A supportive and collaborative work environment.
• Access to campus amenities, cultural events, and recreational facilities.