Vice President, Finance
- 175 Main St, Salt Lake City, UT 84111, USA
Nightingale College is contributing to the future of health care by preparing students for practice by combining current technology and core educational principles. The institution is nationally accredited by the Accrediting Bureau of Health Education Schools (ABHES). Nightingale College specializes only in nursing education. Its current CEO, Mikhail Shneyder, is also a registered nurse and is dedicated to making a positive impact on healthcare in Utah and its communities.
Nightingale College’s staff and faculty are dedicated to preparing future nurses who will elevate the quality of health care in the communities they serve. Staff and faculty are committed to connecting with each student on a personal level to facilitate learning.
The Vice President, Finance serves as the College’s chief financial officer and provides management oversight for all financial functions and oversees revenues, costs, capital expenditures, and debt. The incumbent is responsible for directing the fiscal functions of the College (Finance, Accounting, Financial Aid, and Learner Accounts) in accordance with generally accepted accounting principles issued by the Financial Accounting Standards Board, other regulatory and advisory organizations and in accordance with financial management techniques and practices appropriate within the industry.
Vice President, Finance is responsible for the following:
- Plan, develop, organize, implement, direct and evaluate the organization's fiscal functions and performance.
- Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory action.
- Provide timely and accurate analysis of budgets, financial reports and financial trends to assist the CEO, the Board and other senior executives in performing their responsibilities.
- Enhance and/or develop, implement and enforce financial related policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness.
- Provide continual improvement of the budgeting process and tools; educate function leaders on financial issues affecting budgets.
- Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
- Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs.
- Develop additional revenue and cash streams.
- Advise the executive leadership by providing technical financial advice and expertise.
- Provide strategic financial input and leadership on decision making issues affecting the organization; i.e., evaluation of potential alliances acquisitions and/or mergers and pension funds and investments.
- Evaluate the finance functional structures and teams for continual improvement of the efficiency and effectiveness of the group.
- Build and lead an effective finance functional leadership team through timely coaching, feedback and professional development opportunities.
- Participate in the development of the College’s plans and programs as a strategic partner.
- Adhere to laws, external regulations, internal policies, procedures, and requirements governing areas of responsibility.
- Coordinate the College’s external financial and compliance audits.
- Serve on College-wide committees
- Other duties and projects as assigned
• Bachelor’s degree in a related field is required. MBA preferred.
• CPA License preferred
• Ten (10) or more years of related experience
• Two (2) or more years of experience managing the financial area at a for-profit institution of higher learning.
• Proven Financial Management skills
• Business Acumen
• Strategic Thinking ability
• Strong Communication Proficiency with the ability to effectively present information and respond to questions from a diverse audience
• Ethical Conduct
• Strong analytical and problem-solving skills to review and analyze complex information.
• Advanced computer skills,
• Knowledge of federal and state laws affecting Financial operations in the for-profit education industry
The role is located at the College’s Operations Support Center (OSC) in Salt Lake City, Utah and working remotely up to 3 days a week. The work is performed in two primary modes – at the OSC at a desk, using a computer, a telephone, and other means for work productivity and communication. Travel may be required for meetings or training purposes. Position is eligible for relocation assistance.
The preceding role description has been designed to indicate the general nature and level of work performed by collaborators within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of collaborator assigned to this position.