Virginia's Community College System · 12 hours ago
Associate Vice President, Financial Operations
Richmond, VA
Full-time
Hybrid
Director/Executive
$134K/yr - $145K/yr
10+ years expVirginia's Community College System is one of the largest community colleges in Virginia, serving approximately 13,000 credit students. The Associate Vice President of Financial Operations provides strategic leadership and oversight for the College's financial operations, ensuring accuracy, compliance, and transparency across all financial functions.
E-LearningEducationHigher Education
Responsibilities
Provide leadership and institutional accountability for the College’s operating and capital budget processes, including budget assumptions, timelines, guidance, development, execution, monitoring, and coordination
Establish budget priorities, standards, and methodologies aligned with institutional goals and long-term fiscal sustainability
Prepare and present consolidated budget reports, forecasts, and financial analyses for executive leadership and stakeholders
Provide guidance, training, and support to departmental budget managers in budget development, evaluation, and analysis
Provide leadership and institutional accountability for all financial operations, including Accounting, Budget, Business Office functions, Student Financial Aid disbursements, Grants Accounting, and Fixed Assets
Maintain primary responsibility for the accuracy, integrity, timeliness, and compliance of all financial transactions, reconciliations, and reports
Collaborate closely with the Director of Financial Operations to ensure effective execution of daily financial and budget activities, including monitoring, reconciliation, and operational adjustments
Ensure timely and accurate monthly and annual reconciliations across all financial systems
Establish and enforce expectations, internal controls, and review processes to ensure consistent application of financial policies and procedures
Provide leadership over the preparation, review, and certification of the College’s annual financial statements
Ensure accurate, timely, and transparent institutional financial reporting
Oversee the development, maintenance, and continuous improvement of financial dashboards and institutional reporting tools
Develop, or ensure the development of, the College’s negotiated indirect cost rate
Ensure compliance with Generally Accepted Accounting Principles (GAAP), Department of Accounts (DOA) regulations, VCCS policies, and Agency Risk Management and Internal Control Standards (ARMICS)
Coordinate financial risk assessments and oversee audit responses, corrective action plans, and ongoing compliance monitoring
Regularly evaluate internal controls and recommend improvements to strengthen fiscal accountability and mitigate risk
Lead continuous improvement initiatives and system enhancements across financial operations to increase efficiency, accuracy, and service delivery
Promote effective use of financial systems, data, and reporting tools to support informed decision-making across the institution
Provide leadership and oversight for staff within the financial operations area, directly and through subordinate managers
Establish performance expectations, conduct evaluations, support professional development, and ensure compliance with DHRM and institutional policies
Qualification
Required
Master's degree in Accounting, Finance, Business Administration, Public Administration, or a closely related field
Ten (10) or more years of progressively responsible experience in accounting, budgeting, financial operations, or public-sector finance, including significant supervisory and leadership experience
Advanced proficiency in Microsoft Excel, including pivot tables, data manipulation, and scenario analysis to support budgeting, forecasting, and financial reporting
Demonstrated ability to lead and oversee complex financial operations while collaborating effectively across organizational units
Excellent written and verbal communication skills, with the ability to present complex financial information clearly to diverse audiences
Preferred
Strong knowledge of Generally Accepted Accounting Principles (GAAP) and familiarity with State of Virginia and VCCS financial policies and procedures
Certified Public Accountant (CPA) designation
Company
Virginia's Community College System
Since 1966, Virginia’s Community Colleges have given everyone the opportunity to learn and develop the right skills so lives and communities are strengthened.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Dennis Moynihan
Director, Shared Services Center
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