Chief Financial Officer

NCOM (Pre-Accreditation Status - Seeking Accreditation) • Full-time • Schaumburg, IL, US • 3h ago

Chief Financial Officer (CFO)

Niazee College of Osteopathic Medicine (NCOM) seeks a strategic, experienced, and mission-driven Chief Financial Officer (CFO) to serve as the institution’s senior financial leader. Reporting to the President/Dean and working closely with executive leadership, the CFO is responsible for overseeing all financial planning, operations, compliance, and fiscal stewardship of the College.

This position plays a critical role in supporting NCOM’s academic mission, institutional growth, accreditation requirements, and long-term financial sustainability.

Why You’ll Love Working at NCOM

We recognize that our people drive our mission forward, and we invest in your success through meaningful rewards and support. Our comprehensive best-in-class benefit offerings include:

Comprehensive health coverage: Medical, dental, and vision insurance provided
Financial protection: Life and disability insurance options, including voluntary employee-paid STD,

LTD, and AD&D plans

Flexible financial tools: Flexible spending accounts to support healthcare and dependent care needs
Well-being and balance: Paid time off, sick leave, employee assistance program (EAP), wellness resources, caregiver support, commuter benefits, adoption assistance, and health support programs

Beyond benefits: NCOM fosters an inclusive, collaborative academic environment where innovation, community impact, and professional growth are at the forefront. You’ll be part of a founding team shaping the future of osteopathic medical education, where your voice, expertise, and leadership directly influence institutional growth and student success.

Responsibilities of Chief Financial Officer (CFO):

Responsibility for understanding NCOM’s short- and long-term financial interests and accordingly defining and implementing NCOM’s financial processes, growth initiatives, and resource allocation.
Advise the President/Dean and executive leadership with financial insights and analyses to support major decisions regarding capital projects, new academic programs, research initiatives, and clinical partnerships.
Define and manage the College’s short- and long-term financial plans and actions, including capital budgets, operating budgets, and financial forecasts and reports.

Financial Operations

Oversee all financial and accounting operations, ensuring compliance with federal and state regulations, COCA-related accreditation and financial requirements, US GAAP, and other applicable regulatory standards.
Ensure timely and accurate financial statements, reports, and tax filings for institutional stakeholders, accrediting bodies (including COCA, IBHE, and HLC), and governmental agencies.
Manage the College’s debt, investments, and treasury functions to safeguard institutional assets and support responsible financial performance.
Lead the financial management of all revenue streams, including tuition and fees, donations, grants, and clinical revenue.
Support NCOM’s development, grants, and fundraising initiatives to ensure compliance with applicable regulations and reporting requirements.
Support the financial aid office, ensuring compliance with applicable regulations and effective administration of student aid programs.
Maintain internal financial controls to protect NCOM against fraud, waste, and financial mismanagement.

To succeed as the Chief Financial Officer (CFO), you should have:

Education

Bachelor’s degree in accounting or finance required.
Master’s degree (MBA, MHA, or related field) strongly preferred.

Certification and Skills

Certified Public Accountant (CPA) strongly preferred.
Demonstrated expertise in GAAP, budgeting, forecasting, financial analysis, and financial reporting.
Experience with major financial and enterprise resource planning (ERP) systems.

Experience

Minimum of ten (10) to fifteen (15) years of progressively responsible experience in financial management, including significant senior-level experience as a CFO or senior financial officer.

Industry / Higher Education Expertise

Significant experience managing finances in a complex organizational environment, preferably within academic medicine or higher education.
Experience supporting or managing finances for a medical school is a significant asset.

About Us

At the Niazee College of Osteopathic Medicine (NCOM), we’re building a transformational, community-centered medical school grounded in osteopathic principles and whole-person care. As a 501(c)(3) nonprofit institution currently seeking accreditation from the Commission on Osteopathic College Accreditation (COCA), our mission is to educate and inspire compassionate, culturally competent physicians who are equipped to serve diverse communities with integrity and excellence. We value compassion, professionalism, community representation, structural competency, and innovation in both clinical care and research. Join us as we pioneer a new model of medical education focused on patient-first care, academic excellence, and meaningful community impact.

Join NCOM in shaping the next generation of osteopathic physicians through innovative primary care education, community engagement, and academic excellence. If you are a collaborative physician-leader passionate about advancing primary care, population health, and evidence-based medical education, we encourage you to apply and make a lasting impact on the future of healthcare.

We are an equal opportunity employer that welcomes and encourages diversity in the workplace. We do not discriminate based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law. We consider qualified applicants with criminal histories in accordance with applicable laws.

Work Location: In person