Univ - Chief Financial Officer

Job Description Summary

Reporting to the Executive Vice President for Finance and Operations (EVP) the CFO oversees the planning, development, implementation, and maintenance of the University’s financial services and departments, supporting and promoting profitable goals and objectives.
The CFO will play a key role in furthering MUSC’s mission through leadership and service in the areas of budget formulation and management, compliance with applicable federal and state regulations, treasury management, accounting, disbursements, inventory and surplus services, financial reporting, grants and contracts accounting, procurement and contracts management, select systems security, and other assignments as designated by the EVP.
The CFO will serve collaboratively with the EVP as financial liaison to the Board of Trustees and effectively communicate and present critical financial matters to the Board and its committees. The CFO will also serve as financial liaison with State governmental organizations such as the Commission on Higher Education, the House Ways and Means Committee, the Senate Finance Committee, and the Governor’s Office. In collaboration with other executive staff, and skilled and trusted departmental employees, the CFO will operate, maintain, and control the essential operating systems, information, and financial business of the institution. Other central areas of responsibility include defining and implementing key performance indicators and strategic objectives for the division and, as appropriate, the entire organization; facilitating measurement of those objectives, reporting results to the executive team; monitoring cash flow and overseeing investment activities to ensure appropriate supply of cash at highest yield while complying with statutory limitations on types of investments. The CFO will serve as an advocate for the University with rating agencies to ensure the highest possible rating and ensure availability of adequate and appropriate equipment, staffing, and systems.
Direct reports of the CFO include the Controller, Director of Grants & Contracts Accounting, Chief Procurement Officer, Divisional Manager of Communications and Change Management, Senior Financial Analyst, and Manager of Systems & Procedures.

Entity

Medical University of South Carolina (MUSC - Univ)

Worker Type

Employee

Worker Sub-Type​

Unclassified

Cost Center

CC000194 Chief Financial Officer

Pay Rate Type

Salary

Pay Grade

University-00

Pay Range

Scheduled Weekly Hours

40

Work Shift

Job Description

Reporting to the Executive Vice President for Finance and Operations (EVP) the CFO oversees the planning, development, implementation, and maintenance of the University’s financial services and departments, supporting and promoting profitable goals and objectives.

The CFO will play a key role in furthering MUSC’s mission through leadership and service in the areas of budget formulation and management, compliance with applicable federal and state regulations, treasury management, accounting, disbursements, payroll, inventory and surplus services, financial reporting, grants and contracts accounting, procurement and contracts management, select systems security, and other assignments as designated by the EVP.

The CFO will serve collaboratively with the EVP as financial liaison to the Board of Trustees and effectively communicate and present critical financial matters to the Board and its committees. The CFO will also serve as financial liaison with State governmental organizations such as the Commission on Higher Education, the House Ways and Means Committee, the Senate Finance Committee, and the Governor’s Office.   In collaboration with other executive staff, and skilled and trusted departmental employees, the CFO will operate, maintain, and control the essential operating systems, information, and financial business of the institution. Other central areas of responsibility include defining and implementing key performance indicators and strategic objectives for the division and, as appropriate, the entire organization; facilitating measurement of those objectives, reporting results to the executive team; monitoring cash flow and overseeing investment activities to ensure appropriate supply of cash at highest yield while complying with statutory limitations on types of investments. The CFO will serve as an advocate for the University with rating agencies to ensure the highest possible rating and ensure availability of adequate and appropriate equipment, staffing, and systems.

Direct reports of the CFO include the Controller, Director of Grants & Contracts Accounting, Chief Procurement Officer, Divisional Manager of Communications and Change Management, Senior Financial Analyst, and Manager of Systems & Procedures.  

Job Requirements

Bachelor’s degree and a minimum of 12 years’ experience in a field relevant to the role, such as business, finance, or accounting.

Master’s degree and a minimum of 10 years’ experience preferred.

Certified Public Accountant (CPA) is preferred.

 Experience in higher education and/or at an academic medical center is preferred.

Demonstrated progressive expertise in strategic financial planning, financial analysis, asset management, procurement, debt financing, accounting, and external audits. 

Minimum of 5 years’ experience in a leadership role.

Additional Job Description

Job Competencies:

• Demonstrated expertise in strategic financial planning, financial analysis, asset management, debt financing, and accounting. 
• Demonstrated accomplishments in maintaining administrative/financial controls while actively supporting entrepreneurial initiatives is desirable; knowledge of accounting and financial management for higher education institutions is preferred.
• A strong team member and collaborator who is committed to shared governance and appropriate transparency. 
• Commitment to the highest ethical standards; ability to maintain confidentiality of sensitive information when appropriated.
• Communicate respectfully and effectively with multiple stakeholders across the institution and within the community.
• Intellectually curious and abreast of industry and economic trends to best guide long-term planning. → Excellent technical, analytical, and problem-solving skills.
• Excellent organizational skills.
• Ability to recommend appropriate courses of action within established guidelines.
• Ability to foster strong, positive relationships and align both internal and external resources to achieve university objectives.
• A strong commitment to equity, and inclusion with the ability to competently interact with a culturally and ethnically diverse population of students, faculty, and staff.

Physical Requirements:

(Note: The following descriptions are applicable to this section: Continuous - 6-8 hours per shift; Frequent - 2-6 hours per shift; Infrequent - 0-2 hours per shift) Ability to perform job functions in an upright position. (Frequent) Ability to perform job functions in a seated position. (Frequent) Ability to perform job functions while walking/mobile. (Frequent) Ability to work indoors. (Continuous) Ability to work outdoors in all weather and temperature extremes. (Infrequent) Ability to work in confined/cramped spaces. (Infrequent) Ability to perform job functions from kneeling positions. (Infrequent) Ability to squat and perform job functions. (Infrequent) Ability to perform 'pinching' operations. (Infrequent) Ability to fully use both hands/arms. (Frequent) Ability to perform repetitive motions with hands/wrists/elbows and shoulders. (Frequent) Ability to reach in all directions. (Frequent) Possess good finger dexterity. (Continuous) Ability to maintain tactile sensory functions. (Continuous) Ability to lift and carry 15 lbs., unassisted. (Infrequent) Ability to lift objects, up to 15 lbs., from floor level to height of 36 inches, unassisted. (Infrequent) Ability to lower objects, up to 15 lbs., from height of 36 inches to floor level, unassisted. (Infrequent) Ability to push/pull objects, up to 15 lbs., unassisted. (Infrequent) Ability to maintain 20/40 vision, corrected, in one eye or with both eyes. (Continuous) Ability to see and recognize objects close at hand. (Frequent) Ability to see and recognize objects at a distance. (Frequent) Ability to determine distance/relationship between objects; depth perception. (Continuous) Good peripheral vision capabilities. (Continuous) Ability to maintain hearing acuity, with correction. (Continuous) Ability to perform gross motor functions with frequent fine motor movements. (Frequent)

If you like working with energetic enthusiastic individuals, you will enjoy your career with us!

The Medical University of South Carolina is an Equal Opportunity Employer. MUSC does not discriminate on the basis of race, color, religion or belief, age, sex, national origin, gender identity, sexual orientation, disability, protected veteran status, family or parental status, or any other status protected by state laws and/or federal regulations. All qualified applicants are encouraged to apply and will receive consideration for employment based upon applicable qualifications, merit and business need.

Medical University of South Carolina participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees. For further information about the E-Verify program, please click here: http://www.uscis.gov/e-verify/employees