Primary Objective

Reporting to the Chief Financial Officer, the Deputy Chief Financial Officer (Deputy CFO) oversees and directs the day-to-day operations of the Controllers and Accounting functions of the Finance department. The Deputy CFO is responsible for ensuring the integrity of the District's financial accounting data; overseeing the District's financial reporting functions; maintaining custody of the District's cash and investments; completing cash flow projects; and investing the Districts funds. Performs related duties as required.

Essential Duties

Directs and oversees the day-to-day operations of the Controllers and Accounting functions of the Finance Department, including treasury, accounts payable, and grant accounting.
Leads the development and enhancement of financial forecasting models to improve Finances ability to accurately project monthly revenues and expenses against budget.
Supports the development, maintenance, and ongoing refinement of CCCs five-year financial pro forma projections.
Develops and reports on monthly cash flow statements and projections to support effective fiscal planning and decision-making.
Leads the development and implementation of routine monitoring and reporting tools to support the planning and utilization of bond funds.
Contributes financial analysis and recommendations to CCCs five-year capital planning process and related capital plan updates.
Provides oversight and leadership for CCCs annual audit process and ensures timely and accurate financial reporting.
Monitors and analyzes financial performance across the District by operating unit (including colleges and District Office) on a monthly basis by utilizing various reports and preparing monthly financial statements compared to operating budgets, as well as utilizing cash flow projections to assist with making fiscal decisions.
Assists in the financial analysis and costing of union contracts and collective bargaining proposals for budgeting and financial planning purposes.
Oversees the preparation of financial reports, forecasts, and projections, and provides analysis and interpretation for senior management and executive decision-making.
Communicates and collaborates with the Chancellor, the Chief Financial Officer, and all College Presidents/Vice Presidents regarding annual Higher Learning Commission reports.
Coordinates with the internal audit department on planned audits, findings, and management responses.
Assists the Chief Financial Officer and General Counsel with District financial and operational matters as needed.
Performs other duties as assigned by the Chancellor and the Chief Financial Officer.

REPORTING RELATIONSHIPS

Reports To Chief Financial Officer

Direct Supervision Associate Vice Chancellor-Finance/Treasurer

Qualifications

Bachelor's degree in Finance, Accounting, Business Administration, or related field from an accredited college or university. Master's degree and CPA/CMA preferred.
A minimum of seven (7) years of progressively responsible experience in finance or accounting, preferably within a public sector, higher education, or similarly complex organization.
An equivalent combination of education and experience may be considered at the discretion of management.
Demonstrated experience across multiple areas of financial management, including treasury, accounts payable, general and grant accounting, and capital budgeting.
Experience working in a large, multi-site, multi-union higher education or public sector organization preferred.
Experience with enterprise financial systems (ERP).
Comprehensive knowledge of fiscal management principles and practices.
Knowledge of governmental and financial accounting standards, including Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) requirements.
Knowledge of accounting and auditing rules and regulations, as well as established accounting best practices.
Knowledge of investment principles and cash management strategies applicable to public sector organizations.
Knowledge of financial analysis and financial reporting.
Knowledge of strategic planning, capital planning, and policy development.
Knowledge of team leadership, project management, and organizational operations.
Excellent leadership skills, including guiding teams, providing direction, and influencing organizational outcomes.
Strong analytical and problem-solving skills, with the ability to apply innovative and creative approaches to complex work-related challenges.
Excellent interpersonal, verbal, and written communication skills.
Ability to adapt to changing priorities and work effectively in a dynamic environment.
Demonstrated initiative and accountability, including the ability to take proactive action and execute responsibilities effectively.
Ability to build and maintain effective working relationships with diverse stakeholders.
Demonstrated ability to develop and lead a technologically integrated environment that enhances operational effectiveness and supports innovation.
Ability to work effectively within a culturally diverse environment.
Demonstrated ability to contribute to strategic visioning and implement new initiatives.
Proficient in the use of Microsoft Office 365 (Word, Excel, PowerPoint, Outlook, Teams)

$170,000 - $180,000

Offered salary will be determined by the applicant’s education, knowledge, skills, and abilities, as well as other factors such as internal equity.

Benefits information is found at https://www.ccc.edu/departments/Benefits/

WE OFFER: Excellent health and welfare benefit package and long-term savings and investment programs including 403(b) & 457(b) Investment Plans and a pension plan with the State University Retirement System (SURS) Plan. Generous vacation, holiday, personal and sick days, and tuition reimbursement. For a more detailed overview of benefits, please visit the benefits page of our website.

TBD

Additional Information

City Colleges of Chicago

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Deputy Chief Financial Officer