Responsible for oversight of the major assets and liabilities of the College. Integrally involved in the measurement of the financial position of the Institution with oversight of the institutional budget, investments and debt portfolio.
FLSA STATUS: Exempt
SUPERVISION RECEIVED: Works under the direction of the Vice President for Finance and Administration (VPFA). SUPERVISION EXERCISED: Supervises the Director of Budgets and Financial Reporting.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Provide oversight of the endowment and investments of the College including: manage and record investments; serve as the liaison to the outsourced Chief Investment Officer firm (OCIO); serve as the liaison for the Investment Committee of the Board of Trustees; serve as the chair of the administrative Pension Committee; provide record keeping for the College & Seminary Endowment Fund; prepare all surveys and external reports; prepare audit work papers.
Manage all aspects of debt and financing of the College including: issue debt in private and public bond offerings and maintain credit rating; negotiate lines and letters of credit; oversee the negotiation of leases for equipment as needed.
Oversee the preparation, balancing, and distribution of the operating and capital budgets by the Director of Budgets and Financial Reporting including: review budget materials and projections for Finance Committee of Board of Trustees; report on capital spending and related debt to Finance Committee of Board of Trustees; provide periodic net revenue and expense projections for the President’s Cabinet.
Support the development and assessment of business plans for new programs including: work with faculty to develop financial models; provide demand analysis; provide funding sources for required investments; and integrate into the annual budget.
Provide ad hoc reporting for the VPFA as requested.
Maintain and provide oversight for annuity and trust funds.
Serve as the liaison to the Office of Advancement and provide oversight in the areas of bequests, estates and pledges.
Participate in the preparation for the annual audit of the financial statements.
In the absence of the VPFA, will serve as the institutional contact related to the financial or administrative needs of the institution.
Perform other duties as required by the VPFA
An MBA or a master’s degree in a related field is required. Designation as a Certified Public Accountant is preferred. Requires strong leadership, analytical, administrative and organizational ability as well as superior interpersonal skills to deal with all constituencies of the College and Seminary including staff, faculty and the Board of Trustees. 8-10 years previous, related experience is required. Must possess previous management experience and strong accounting background with broad knowledge of budgeting at an institutional level, endowments, investments and debt management. Must be energetic, forward-thinking and creative with ability to multi-task. Experience with Microsoft Office, particularly spreadsheet applications, word processing and use of databases is essential as is familiarity with the Google Suite of products. Prior professional experience in higher education financial management is a plus.
TO APPLY: All application materials MUST be combined into ONE (1) document formatted as a PDF file. Limit application materials to the cover letter, resume, and three (3) professional references along with specific salary history. If your experience qualifies you for this challenging position, please send this document electronically to firstname.lastname@example.org. Include ‘Asst VP for Finance’ in the email subject line.
Review of applications will begin immediately and will continue until filled. Incomplete applications will not be considered. (Application materials combined into one (1) Word file will be considered.) Questions about the position may be directed to (610) 861-1527. Moravian College is an equal opportunity employer valuing diversity and encouraging individuals from under-represented populations to apply. EOE
About Moravian College
Founded in 1742, Moravian College is a private coeducational liberal arts college, the sixth-oldest college in the country. Moravian is located in historic Bethlehem, in the heart of Pennsylvania's Lehigh Valley. The College emphasizes the deliberate integration of a broad-based liberal arts curriculum with hands-on learning experiences to prepare its approximately 1750 undergraduate students for successful careers. Moravian College is composed of a traditional undergraduate program, graduate, professional, and adult completion programs, and Moravian Theological Seminary. The College is a MacBook and iPad campus. Its faculty excel at transforming students into highly productive graduates who are ready to serve and lead in their communities.
Moravian College is committed to enhancing the diversity of our community, recognizing that to provide a diverse learning environment is to prepare students for personal and professional success in an increasingly multicultural and global society. The College community recognizes that it shares a responsibility for generating and preserving a learning environment where difference is valued, and inclusiveness and social justice are practiced.