Vice President of Finance

Job DescriptionJob DescriptionSummary:This position is responsible for the accounting operations of Northbridge University College, including the production of periodic financial and ad-hoc reports, maintenance of an accurate system of accounting records, and a comprehensive set of controls designed to mitigate risk, enhance the accuracy of the Institution's financial results, and ensure compliance with state and federal regulations.Essential duties and responsibilities:Lead and supervise the Finance and Accounting StaffEstablishes accounting policy to record revenue and expenses accuratelyEstablishes and reviews the system of internal controlCoordinates insurance coverages and claimsPlans, manages, and oversees the accounting function for the Institution; directs and controls the assets and liabilities in a manner consistent with established accounting practices and methods.Manages daily financial activities and administration of the accounting department, including daily review of financial position, weekly reports, and monthly close-end reportsReview monthly results against the budgets at campus and corporate levels; review variances of the budget monthly, assisting in the development and monitoring of financial performance criteria; for center, campus, and corporate efficiency to management through cost analysis and monthly budget to actual analysis; coordinates completion of financial audits and annual reportAssists in capital budgeting duties; reviews accounting for capital assets; ensures compliance with generally accepted accounting principlesMaintains a variety of corporate documents, including lease documents, corporate insurance policies, and financial reportsMonitors and reconciles all funds and accounts within the general ledgerPrepare trial balance and supporting schedules as required for the Institution's annual audit.Preparation of reports to various constituencies of the Institution, including but not limited to the Department of Education, regulatory annual of IPEDS, MSCHE, Board of Trustees and Senior Leadership Team and Board of Directors (Renovus) Assure compliance with rules and regulations pertaining to fiscal management as promulgated by the Puerto Rico Treasury office, the Department of Higher Education and other State and Federal agenciesReviews and ensures compliance with the Institution's Internal Controls and financial policies and proceduresReviews contracts and assures compliance with contractual financial obligationsFinancial Strategy & LeadershipLead long-range forecasting, scenario modeling, and capital planningAdvice on financial implications of growth initiatives, mergers, teach-outs, and restructuringsOwn the annual budget process end-to-end (development, review, approval, reforecasting)Ensure alignment between budgets, enrollment assumptions, and operational capacityMonitor budget to actual performance and drive corrective actions with business leadersOversee timely and accurate monthly and quarterly financial statementsManagement reporting and dashboardsRevise variance and trend analysisTranslating financial results into decision-ready insights for executives and boardsCross Functional Partnership Act as the finance business partner to: Puerto Rico and US OperationsAcademic leadershipEnrollment/student finance HR and ITHelp non-finance leaders understand tradeoffs, ROI, and cost driversEducation / Experience:Bachelor's degree in accounting or business administrationCertified Public Accountant with an active licenseAt least 5 years of proven experience in financial management and supervisory experience in a senior leadership positionMust be able to speak, read, and write in English and SpanishEqual Employment Opportunity / Affirmative Action for minorities / Females / People with Disabilities / Veterans