Chief of Staff to the Chief Financial Officer

Merrimack College - North Andover, MA

Full-time - Mid Level

North Andover, MA

1,001-5,000 employees

Educational Services

About the position

The Chief of Staff to the Chief Financial Officer (CFO) at Merrimack College plays a crucial role in supporting the CFO in managing financial operations across various programs and schools within the institution. This position involves overseeing financial projects, managing budgets, and ensuring alignment with the College's strategic goals. The Chief of Staff will also coordinate the CFO's calendar and lead special projects, making it essential for the individual to possess strong financial management and project management skills.

Responsibilities

• Lead and manage financial projects from conception through completion, ensuring they are delivered on time, within scope, and on budget.
• Collaborate with cross-functional teams to identify project objectives, define scope, develop project plans, and track progress.
• Monitor project performance using appropriate systems, tools, and techniques to identify and manage risks, and communicate project status to stakeholders.
• Oversee and manage the financial operations for specific degrees, schools, and programs, ensuring fiscal responsibility and alignment with the institution's goals.
• Analyze and report on financial performance for these areas, identifying opportunities for cost savings and efficiency improvements.
• Provide financial modeling, forecasting, and budgetary support to deans, directors, and department heads.
• Assist the CFO in developing and managing the overall budget for the college, including specific allocations to departments, schools, and programs.
• Manage the CFO's budget, ensuring accuracy, efficiency, and alignment with strategic goals.
• Prepare and present financial reports, budget projections, and variance analyses to the CFO and other stakeholders.
• Implement budget controls and ensure compliance with financial policies and procedures.
• Coordinate and manage the CFO's calendar, including scheduling meetings, appointments, and ensuring time is allocated for key financial discussions.
• Prioritize and handle urgent requests for time and meetings, ensuring alignment with the CFO's priorities.
• Work closely with internal and external stakeholders to coordinate meetings, events, and other engagements.
• Lead special projects as directed by the CFO, ranging from financial analyses to strategic initiatives that impact the overall financial health of the institution.
• Conduct research, compile data, and prepare reports to support the CFO in decision-making processes.
• Manage ad hoc financial tasks and projects as they arise, adapting to changing priorities and needs.
• Work closely with the CFO and other senior leaders to align financial strategies with the institution's academic and operational objectives.
• Serve as a liaison between the CFO's office and various departments, providing financial insights and support as needed.
• Identify opportunities to improve financial processes, systems, and tools within the institution.

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field; MBA or CPA preferred.
• Minimum of 5-7 years of experience in financial management, project management, or a related role, preferably within higher education.
• Strong knowledge of financial planning, budgeting, and analysis.
• Proven experience in managing complex financial projects and budgets.
• Excellent analytical, organizational, and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels.
• Proficiency in financial software and project management tools (e.g., Excel, Questica, or similar platforms).

Nice-to-haves

• Experience in higher education financial management.
• Familiarity with financial regulations and compliance in the educational sector.

Benefits

• Competitive salary
• Health insurance
• Retirement plan options
• Professional development opportunities
• Paid time off