Lubbock Christian University

Chief Financial Officer

CFO Profile

Functional Title: Vice President of Finance / Chief Financial Officer
Classification: Salary position - exempt
Division: Administration
Department: Financial Affairs
Reports to: President
Primary Function: Plan and direct financial affairs and technology services.

Essential Functions:     

Directs the financial affairs of Lubbock Christian University and prepares financial analyses of operations, including interim and final financial statements with supporting schedules, for the guidance of management. Responsible for the University’s financial plans and policies, accounting practices, the conduct of its relationships with lending institutions and the financial community, the maintenance of fiscal records, and the preparation of financial reports. Areas reporting to this position include Budget, Accounting, Student Business Office, ChapStore, Post Office, Payroll and Human Resources, Risk Management/Real Estate, and Technology Services (with the assistance of the Vice President of Technology Services as a direct report).

Major Duties:

  • Develops and monitors financial models, analyses and interpretation of statistical and accounting information in order to assess operating results.
  • Oversees the University’s system of accounts and records on all University transactions and assets.
  • Coordinates and directs the preparation of the budget and financial forecasts, institutes and maintains other planning and control procedures.
  • Furnishes internal reports, revises and updates reports to be more useful and efficient, and furnishes external reports as necessary.
  • Provides the organization and its management with the appropriate financial and operating information as necessary. 
  • Establishes major economic objectives and policies for the institution and prepares reports that outline the University’s financial position in the areas of income, expenses and earnings based on past, present and future operations.
  • Plans and monitors the budget, expenditures, and recordkeeping of the University’s capital program.
  • Provides technical and analytical guidance in identifying and solving problems within the functional limits of Financial Affairs.
  • Consistently examines work and applies conformance with established policy.
  • Develops and maintains internal accounting controls to protect resources.
  • Prepares regular financial statements for the University and assists in the external audit.
  • Approval authority for extending an offer of employment, may advise in decisions determining terminations and makes recommendations for promotions, reassignments or pay increases within the area of Financial Affairs.
  • Assumes other special activities and responsibilities as required.

Job Qualifications:  

Knowledge, Skills and Abilities Required:

  • Knowledge of University administration.
  • Knowledge of the principles and practices of financial management.
  • Skill in organizing resources and establishing priorities in order to execute many complex tasks simultaneously.
  • Knowledge of Dynamics 365 or other automated accounting system
  • Strong accuracy, analytical, and problem-solving abilities.
  • Ability to get along well with diverse personalities, establishing and maintaining effective working relations with University employees and students.
  • Ability to exercise tact, establish credibility, and be decisive.
  • Ability to balance business considerations and willingness to uphold recommended procedures in support of the University’s core values and priorities.
  • Skill in training, assigning and supervising the work of others.
  • Ability to manage and advocate a team concept.
  • Skill in effective written and verbal communication.
  • Ability to maintain a high level of confidentiality is essential.

Education and Experience:

Minimum of Bachelor’s degree, preferably in Finance, Business Administration, or Accounting. MBA or CPA preferred. Two (2) years recent experience as a Chief Financial Officer or a minimum of five (5) years of experience that is directly related to the specified duties and responsibilities gained through increasingly responsible positions within planning and management of financial operations. 

Physical Demands:

Sitting, bending, some lifting. Frequent walking across campus and throughout the Administration building.  Ability to handle stress of multiple tasks and deadlines.