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Associate Vice President for Finance

Employer
Mills College
Location
Oakland

Job Details



Associate Vice President for Finance


About Mills College:

Located in Oakland, California, in the heart of the San Francisco Bay Area, Mills College is a liberal arts college for women and gender non-binary students, with graduate programs for all genders. Consistently ranked one of the top master's universities and one of the best value colleges in the West by U.S. News & World Report, Mills also has been named one of the Best Colleges in the nation by The Princeton Review. The Mills experience is distinguished by small, interactive classes, one-on-one attention from exceptional faculty, a culture of creative experimentation, and cutting-edge interdisciplinary learning opportunities which empower students to make a statement in their careers and communities. As one of the most diverse liberal arts colleges in the country, we have a strong record of academic success with first-generation students, students of color, Latinx students, LGBTQ students, and other underrepresented students. Mills College has recently become a Hispanic Serving Institution. Applicants with expertise and experience in supporting and promoting success for Latina/o students are encouraged to apply.

Mills College encourages diversity in hiring and particularly welcomes applications and nominations from women, gender non-binary individuals, and minorities. Mills College seeks to recruit and retain a diverse workforce as a reflection of our commitment to equity, inclusion, and social justice and our desire to maintain the excellence of our faculty. In so doing, we offer our students not only the opportunity to learn about varied disciplines but to engage with diverse perspectives and ways of knowing and learning. For more information, please visit www.mills.edu.


Job Description:

Reports to: Vice President for Finance & Administration/Treasurer

Supervises: Finance Information Systems and Applications Administrator, Director of Accounting & Financial Reporting, Manager of Accounts Payable, Manager of Grants and Restricted Funds, Manager of Cashiering and Non-Student Accounts Receivable, Budget Analyst

Essential Job Functions:

Oversee all accounting and financial reporting.
Oversee annual financial statement and Federal Funds A-133 audits.
Oversee preparation of the annual IRS 990 and state 199 tax returns, working with outside tax accountants.
Monitor and project operating cash flow. Manage excess operating cash to obtain optimum interest revenue and arrange for line of credit borrowing when needed.
Oversee electronic cash receipt and cash disbursement processing and accounting.
Maintain the general ledger chart of accounts.
Oversee complex accounting transactions in the endowment funds (including unitization of the endowment pool), plant funds, gift and grant funds and deferred gift funds.
Prepare various financial analyses, bench marking, and financial reports for internal and external parties, including financial reporting to the Resources and Sustainability, Audit and Risk Management Committees of the Board and required reporting to external banks, agencies and the Federal government.
Prepare various projections and models to assist in the preparation of the annual operating budget.
Coordinate the entry of the complete annual operating budget detail into the accounting system (Banner) and reconcile to budget approved by the board.
Maintain and monitor the College's operating budget on a monthly basis.
Coordinate monthly and year-end closings.
Prepare quarterly revenue and expense forecasts.
Oversee execution of investment transactions (redemptions and purchases) approved by the Investment Committee of the board.
Review and distribute monthly operating budget reports to College departments and the College Officers.
Establish and maintain financial systems and controls which ensure the integrity of all systems, processes and data.
Develop and assist in developing policies related to fiscal management as needed, and train personnel on policies and procedures.

Additional Duties and Responsibilities:

Document procedures & internal controls.
Oversee annual filings of annuity statement to Department of Insurance, College property tax exemption claim, Environmental fee return, the State charitable registrations.
Influence and manage positive and effective cross-functional relationships with co-workers, Department and Program Managers, vendors and students within a diverse multi-cultural environment.
Perform other projects/duties as needed.


Requirements:

Required Knowledge, Skills, and Abilities:

Thorough knowledge of GAAP (Generally Accepted Accounting Principles) and accounting and reporting standards in private higher education.
Demonstrated knowledge of IRS compliance and reporting issues pertaining to private higher education institutions, including preparation of 990 tax returns.
Knowledge of federal award regulations, in particular A-21, A-110 and A-133.
Knowledge of restricted gift accounting and reporting requirements, specifically FASB, Statement No. 116. Knowledge of pledge accounting, deferred gift accounting.
Knowledge of state endowment UPMIFA law (Uniform Prudent Management of Institutional Funds Act). Knowledge of endowment pool unitization and endowment payout calculations
Knowledge tax-exempt bond accounting and compliance.
Knowledge of private higher education business models and key operating metrics.
Ability to develop operating budget models and projections.
Knowledge of integrated financial software packages with preference for Banner, an Ellucian higher education ERP.
Ability to create charts and graphs using Power Point and various other software applications to display financial and other information.
Proficiency in interpreting and translating regulatory requirements into proposed new/revised policy and procedures.
Understanding of concepts, principles and practices of donor relations and gift stewardship as well as funding agency relations and compliance requirements.
Proven ability to multi-task and remain flexible to accommodate changing operational needs.
Demonstrated problem solving, decision-making and analytical skills. Ability to anticipate impact of decisions/actions on other operating areas.
Demonstrated project management skills.
High proficiency with Microsoft Office Suite, specifically Excel and MS Access.
Understanding of Departmental goals and how they fit with College-wide goals.
Exhibit strong customer service orientation for all levels of College constituencies and members of the public.
Ability to take appropriate steps to promote and sustain effective working relationships within a diverse multicultural environment.
Demonstrated experience developing and implementing policies, procedures, and best practices; training others regarding those policies; and overcoming resistance to change.
Ability to influence and manage positive and effective cross-functional relationships with co-workers and department and program leaders in a diverse multi-cultural environment.
Clear and effective written and verbal communication skills.
Strong professional ethics and discretion.

Education and Training:

Bachelor's Degree in accounting, finance or related field required; Master's Degree preferred.
CPA and higher education auditing experience preferred.
Experience with private higher education financial statement and A-133 audits.
8+ years of proven high- level accounting technical experience including the areas of fund accounting, general ledger, investments, contribution, deferred gift, endowment accounting, and grant accounting, in a private higher education setting.

Physical, Mental and Environmental Demands:
The incumbent will often spend long hours sitting at and using the computer to retrieve, enter, manage, and review data. Lengthy accounting, compliance and taxation guidelines must often be read and interpreted for application to the college's circumstances. Individuals within and outside the college need to be communicated with regarding complex accounting and tax issues. There are a number of deadlines associated with this position, which may cause stress.

This position description is not intended to contain a comprehensive list of activities, duties, or responsibilities. Additional duties may be assigned based on business operational needs.


Additional Information:

This is a full-time, exempt position with an FTE of 1.0 Salary is commensurate with experience, and includes an excellent benefits package including medical/dental/vision/life/LTD insurance, 403(b) retirement plan with college-matching after 6 month qualifying period, 22 days of vacation, 12 sick days and 17 paid holidays (subject to annual review). Staff members also receive free admission to campus events, use of the pool, fitness center, and tennis courts. Tuition remission is also available after an introductory period. Voluntary benefits include: pet insurance, long-term care insurance, legal-assistance insurance, cellular provider discounts and computer hardware discounts.

Mills College does not permit discrimination based on pregnancy, childbirth or related medical conditions, race, religious creed, color, national origin or ancestry, physical or mental disability, medical condition, marital status, age, sex, sexual orientation, or gender identity. For more information on Mills' non-discrimination policy, please go to https://www.mills.edu/policies/ada-policies/nondiscrimination-statement.php.

All positions are subject to a background check. Prior to the first date of employment, an applicant's background check must be cleared.


Application Instructions:

Click the "Apply Now" button below and follow instructions to submit the following documents:
  • Employee Application
  • Resume
  • Cover Letter and
  • Contact Information for 3 References

Please note that you can only upload 6 "Other" documents. You can consolidate multiple pages/documents into one file upload. The file size limit for each upload is 10Mb.

Review of applicants will begin immediately; applications will be accepted until the position is filled.



To apply, visit https://mills.interviewexchange.com/jobofferdetails.jsp?JOBID=120858&CNTRNO=0&TSTMP=0





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Organization

Working at Mills College

Mills is an independent liberal arts college for women with graduate programs for women and men. The College educates students to think critically and communicate responsibly and effectively, to accept the challenges of their creative visions, and to acquire the knowledge and skills necessary to effect thoughtful changes in a global, multicultural society.

Mills encourages openness to experimentation in the context of established academic disciplines. Programs are designed to reflect the importance of global issues, provide an understanding of the natural world, and enhance opportunities for women in their developing roles throughout society. The curriculum combines traditional liberal arts with new educational initiatives that recognize the value of cultural, racial, and ethnic diversity.

Inspired by a teaching philosophy that grows out of its longstanding dedication to women’s education, Mills provides a dynamic learning environment that encourages intellectual exploration. The faculty of nationally and internationally respected scholars and artists is dedicated to developing the strengths of every student, preparing them for lifelong intellectual, personal, and professional growth.

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