Vice President for Financial Services/CFO
Company: Southern Baptists of Texas Convention
Location: Fort Worth
Posted on: October 4, 2024
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Job Description:
Position Title: Vice President for Financial Services/CFO
Department: Business Administration
Date Prepared: May 2024
FLSA Status: Exempt / Full Time
Standard of Christian Commitment
Employees must be professing Christ followers who possesses a
strong commitment to the mission and core values of Southwestern
Seminary and Texas Baptist College, possess a clear understanding
of Southern Baptist heritage and culture, and agrees to serve in
accordance with and not contrary to the current edition of the
Baptist Faith and Message.
Southwestern Seminary, an entity of the Southern Baptist
Convention, is a confessional institution. While the Seminary
serves the larger evangelical Christian community, employees must
embrace the values and standards the Seminary represents as it
fulfills its mission of shaping Christian leaders within our
denominational context.
Since job duties require an employee to representsthe Seminary to
prospective and current students, candidates must abide by the
Seminary bylaws, the Employee Handbook, and the current edition of
the Baptist Faith and Message as a condition of employment.
Job Summary:
The Chief Financial Officer (CFO) at the Seminary serves as a
pivotal member of the President's senior leadership team, directing
financial strategies and ensuring the institution's fiscal health
and compliance. The role encompasses a broad array of
responsibilities, including financial planning and oversight of
multiple departments crucial to the Seminary's operations. The CFO
collaborates closely with executive leadership, the Board of
Trustees, and external stakeholders to make informed decisions that
align with the organization's mission and objectives. With
extensive decision-making authority, the CFO plays a critical role
in shaping the Seminary's financial future while upholding the
highest standards of confidentiality and ethical conduct. This
position requires a seasoned financial leader with a comprehensive
understanding of finance, accounting principles, and regulatory
compliance, along with exceptional communication and leadership
skills. The CFO must possess a commitment to fostering a culture of
continuous improvement, collaboration, and ethical conduct within
the institution.
Essential Job Functions / Responsibilities
Develop financial strategies by forecasting capital, facilities;
identifying monetary resources; and developing action plans.
Monitor financial performance by measuring and analyzing results;
initiating corrective actions; and minimizing the impact of
variances.
Ensure credibility of the Finance group by providing timely and
accurate analysis of budgets, financial trends, and forecasts.
Lead efforts to identify, acquire, and implement systems and
software to provide critical financial and operational
information.
Evaluate and advise on the impact of long-range planning,
introduction of new programs/strategies, and regulatory action.
Enhance and/or develop, implement, and enforce policies and
procedures of the organization by way of systems that will improve
the overall operation and effectiveness of the corporation.
Establish and maintain strong relationships with senior executives
to identify their needs and seek a full range of business
solutions.
Ensure that effective internal controls are in place and ensure
compliance with GAAP and applicable federal, state, and local
regulatory laws and rules for financial and tax reporting.
Oversee and manage financial and budgetary affairs, direct facility
maintenance and improvements,
Serves as a member of the President's senior leadership team.
Serves as a member of the Data Governance Council.
Act as the Chief Financial Officer (CFO) of the Seminary under the
direction of the President.
Direct and oversee the work of the following departments/programs:
Accounting/Finance, Student Financial Services, Campus Housing,
Event Management, Purchasing, Facilities Maintenance, Warehouse
Support, and third-party contractors for custodial and dining
services while fostering a culture of continuous improvement,
professional growth, and collaboration.
Skills / Requirements
Financial Analysis: Expertise in financial analysis and
decision-making based on financial data.
Accounting: Strong understanding of accounting principles,
corporate finance, and financial reporting.
Technology: Proficiency with financial software and systems,
including ERP platforms.
Data Analysis: Ability to leverage big data analytics and financial
modeling tools.
Leadership and Management: Ability to inspire and lead teams,
manage cross-functional projects and initiatives.
Communication: Excellent presentation and written communication
skills, capable of explaining complex financial information to
stakeholders with different levels of financial acumen.
Financial Management: Extensive experience in and knowledge of
finance management, including planning, forecasting, and budgeting,
and cost control principles.
Leadership: Proven experience in a leadership role, ideally within
the finance department of a mid-sized or large organization.
Strategic Planning: Experienced in strategic planning and
execution.
Compliance and Control: Knowledge of compliance, financial
reporting, and legal requirements in finance.
Industry-Specific Experience: Depending on the industry, specific
background might be required (e.g., religious, on-profit, high
education)
Problem-Solving: Strong analytical and problem-solving skills with
the ability to manage complex and critical decision-making.
Ethics: High ethical standards and professionalism, with a
commitment to maintaining confidentiality.
Exhibits a humble, patient, and collaborative spirit in order to
create a healthy and vibrant work culture for the staff team.
Possess a strong work ethic and initiative.
Ability to multi-task, pays attention to detail, and be a team
player.
Expectation to strive for personal and professional growth in
leadership and general ministry effectiveness.
Function at a high level successfully achieving institutional goals
through the values of being Grace Filled, Christ Centered,
Scripturally Grounded, Confessionally Guided, Student Focused and
Globally Engaged.
Qualifications / Education:
Bachelor's degree in finance, accounting, business administration,
or related fields; master's degree preferred.
Significant experience in non-profit accounting.
Certified Public Accountant (CPA) preferred or significant
experience overseeing accounting and finance functions
10+ years of progressively responsible financial leadership roles,
preferably in religious, non-profit, higher education
environments
Ability to provide proof of Work Authorization in the U.S. and
proof of identity.
Valid driver's license, Motor Vehicle Report (MVR) and personal
auto insurance may be required.
Successful completion of background check is a requirement of all
position, additional education verification, employment
verification and credit check may be required.
Supervision:
Directly supervises approximately 4 leaders who oversee departments
with about 100 full-time and part-time employees.
Departments include, Accounting/Finance, Student Finance Services,
Housing, Riley Center Hotel and events, Purchasing/Warehouse
Operations, Facilities Maintenance and Landscaping.
Reports to the President.
Decision-Making Responsibilities:
Exposure to Confidential Information
Handles highly confidential financial information with discretion
and integrity, ensuring the security and privacy of sensitive data
related to the Seminary's financial operations and strategies.
Consequences of release of such information could result in
non-compliance with governmental laws, cause irreparable damage to
faculty/staff/student reputation, or bring detrimental publicity to
the Seminary.
Work Conditions and Physical Requirements
Position is expected to keep regular office hours on site with
additional hours required during financial reporting periods or as
needed.
Able to use a computer for extended periods.
Must be able to present to small and large groups.
Specific vision abilities required by this job include close vision
and ability to adjust focus.
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Keywords: Southern Baptists of Texas Convention, Wylie , Vice President for Financial Services/CFO, Executive , Fort Worth, Texas
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