Vice Chancellor of Budget and Finance/Chief Financial Officer
Job Description
Vice Chancellor of Budget and Finance/Chief Financial Officer
Thank you for your interest in
employment with Nevada System of Higher Education (NSHE), System Administration and System Computing Services. We want your application
process to go smoothly and quickly. We ask that you keep in mind the following when completing your application:
- Draft applications
are saved automatically and can be accessed through your candidate home account. - Final applications must be submitted prior to
the close of the recruitment. Once a recruitment has closed, applications will no longer be accepted.
If you need assistance or
have questions regarding the application process, please contact our Human Resources department at (775) 784-4901.
Job
Description
The Nevada System of Higher Education (NSHE) invites applications and nominations for the position of Vice Chancellor
of Budget and Finance/Chief Financial Officer. This is a renewable, full-time, non-tenured, administrative position and reports to the
Chancellor. The position may be primarily located in Las Vegas or Reno, Nevada.
The NSHE is comprised of eight
institutions: two universities, a state college, four community colleges and a research institute. The public system of higher
education in Nevada continues to experience growth with significant challenges and opportunities in serving over 105,000 students and 15,000
employees.
The Vice Chancellor for Budget and Finance/Chief Financial Officer acts as the CFO for the System and is responsible for
coordinating and addressing fiscal issues related to statewide higher education. This includes the Legislative budget process or biennial
budget, financial statements and reporting, and investments or debt. As a key member of the Chancellor’s Cabinet, the VC/CFO provides
information and recommendations to the Chancellor and the Board of Regents on higher education fiscal operations and is required to stay
current on national issues related to higher education financing and convey these issues to the Board and the campus business officers.
Additionally, the VC/CFO exercises substantial discretionary authority relative to the financial operation of the System. The VC/CFO
oversees the External Audit, Risk Management, and Banking and Treasury operations.
STARTING SALARY: NSHE Executive 2 (starting
salary range approximately $242,938.00 – $265,000.00; depending on experience). A benefits package that includes medical, dental, vision,
life, and retirement.
APPROXIMATE STARTING DATE: September 1, 2023
MINIMUM QUALIFICATIONS: Requires a Master’s
or Professional Degree and seven (7) years of comparable managerial experience or a Doctorate and five (5) years of comparable managerial
experience. Candidates may come from varied backgrounds and as such other areas of education and experience may be appropriately
substituted. An exception may be a Bachelor’s Degree plus ten (10) or more years of experience with governmental budgets and public finance.
Industry certification such as CPA, CMA, CFA or similar is preferred.
KNOWLEDGE, SKILLS, AND ABILITIES: Successful candidates
must possess the following knowledge, skills and abilities. It is recommended that applicants for this position address each of the
following items in the letter of application:
- Knowledge and experience in higher education budgeting and finance, including
operating, capital and debt in a public sector entity; - Knowledge of GASB requirements for financial statements and A-133 Single
Audit; - Knowledge and understanding of the role of a policy-making Board and the staff tasks needed to support an elected
governing board; - Knowledge and experience with the Legislature/ State Budget environment;
- Knowledge of state laws
pertaining to government finance; - Knowledge and experience in developing, monitoring and enforcing financial policies,
procedures and guidelines; and - Knowledge of the financial structure and needs of individual institutions including community &
state colleges, research universities, and the research institute. - Skilled in complex financial analysis and financial policy
creation; - Skilled in working independently and following through on assignments with minimal direction, anticipating issues and
proactive resolution; - Skilled in analyzing information, problems, situations, practices, or procedures to define a problem or
objective, identifying relevant concerns or factors, identifying patterns, tendencies and relationships; formulate logical and objective
conclusions, and recognizing alternatives and their implications; and - Skilled in summarizing and critiquing detailed financial
reports and data and in presenting complex information to laymen audiences. - Ability to manage a diverse financial staff,
including staff in multiple locations. - Ability to exercise judgment to solve administrative problems where the answer is not
apparent; - Ability to communicate complex issues effectively in both an oral and written manner to a wide variety of
audiences; - Ability to present information in a public setting to various constituencies, including the Board of Regents,
legislative committees, local boards and councils, etc. - Ability to adhere to stringent deadlines while maintaining flexibility
for urgent issues; - Ability to establish and maintain cooperative working relationships with staff members, subordinates, and
other administrators as well as campus counterparts; - Ability to process large amounts of information and break it down into
critical elements; - Ability to discern critical information;
- Ability to determine the most appropriate format for
conveying information to a specific audience; and - Ability to make appropriate judgments when processing information as it
relates to other critical processes within the NSHE.
RESPONSIBILITIES: The duties of this position will include, but not
be limited to:
- Chair the Business Officers Council and work with the Council on policy development applicable to financial operations
and fiscal policy issues. Lead discussions and work to establish consensus on issues. - Lead the NSHE Biennial budget process,
including development of the agency request and CIP request. Includes associated testimony & presentations during the Session and ongoing
monitoring of legislation/fiscal impacts. - Manage the Treasury, Banking, and Investment functions, including debt issuance and
administration. Also, manage the financial statement/ single audit process, including coordination with System external auditors. Included
within this function are the System Admin controller’s office activities. - Oversee several related functions and staffing of
External Audit and Risk Management, and support WICHE as needed. - Oversight and control of all routine and ad hoc data/
informational requests and publications created by the Finance Department. These include Legislative reports, Governor and Legislator
inquiries, Regent requests, periodic financial reports, surveys, and budget reports.
TO APPLY: The application process
will be handled through the Workday on-line search process. Application materials must include a current resume, detailed cover letter, and
names, addresses and telephone numbers of four professional references willing to be contacted. Applicants should fully describe
qualifications and experience, since the initial review will serve to evaluate applicants based on documented, relevant qualifications and
professional work experience. Applications will be considered incomplete without all requested materials. References will only be contacted
for those who advance to the final phase of the search and with prior consent of the applicant. The review of materials will begin
immediately. Materials should be addressed to Sherry Olson, Human Resources, and are to be submitted via on-line application at https://nshe.nevada.edu/system-administration/departments/human-resources/careers/ . For assistance with NSHE’s on-line
applicant portal, contact Sherry Olson at (775) 784-4901.
INTERNAL APPLICANTS: Current employees within the Nevada System of
Higher Education MUST use the “Find Jobs” process within Workday to find and apply for jobs at NSHE institutions. Once you log into Workday
and type “Find Jobs” in the search box which will navigate to the internal job posting site. Locate the specific job posting by typing the
requisition number (e.g. R0000000) in the search box
APPLICATION DEADLINE: Applications may be submitted until the position
is filled. The review of materials will begin immediately, however, for full consideration applications should be submitted by August
6, 2023.
For more information about the Nevada System of Higher Education, please visit our website at www.nevada.edu. The
Nevada System of Higher Education hires only United States citizens and aliens lawfully authorized to work in the U.S. The NSHE is an
affirmative action, equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, age, creed, national
origin, veteran status, physical or mental disability, genetic information, sexual orientation, gender identity or gender
expression.
Exempt
Yes
Full-Time Equivalent
100.0%
Required
Attachment(s)
Application materials must include a current resume, detailed cover letter, and names, addresses, and telephone
numbers of four professional references willing to be contacted.
Posting Close Date
07/7/2023
Note to
Applicant
A background check will be conducted on the candidate(s) selected for hire.
References will be contacted at the
appropriate phase of the recruitment process.
As part of the hiring process, applicants for positions in the Nevada System of Higher
Education may be required to demonstrate the ability to perform job-related tasks.
All document(s) must be received on or before the
closing date of the job announcements. Schedules are subject to change based on organizational needs.
HR will attempt to verify
academic credentials upon receipt of hiring documents.
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