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Chief Financial Officer

Company: Internet 2
Location: Ann Arbor
Posted on: September 12, 2020

Job Description:

Key Roles & Responsibilities:

Internet2 is a non-profit member-driven organization that operates the nation’s largest and fastest research and education network; comprised of over 320 higher education institutions, 60 affiliates, 58 leading corporations, 70 national research and education networking partners and 43 regional and state education networks that support more than 100,000 community anchor institutions. Our mission is to continue to be a driving force in the advancement of research and education through collaborative partnerships and the acceleration of innovation. We are seeking a strategic, collaborative Chief Financial Officer that will be an integral member of the Internet2 Executive Team.. The position of Chief Financial Officer (CFO) will develop financial strategies to facilitate the operation of each sector of Internet2 and as it effects on the Community it serves. Serving as the Treasurer for the Internet2 Board of Trustees is a key leadership role as well overseeing the overall financial resources for domestic and global activities.. In collaboration with the Executive Leadership Team, develop intermediate and long-range financial plans to structure resource allocation, capital planning, and fund development to realize the plans of the organization. Clearly explains processes to request funding and is transparent in decision-making.. Effectively communicate strategic plans to Internet2 management, Board of Trustees, member community, and potential funding agencies. Lead interface to banks and any other external financial initiations.. Liaison to the Audit and Finance Committee of the Board of Trustees as well as other providers of financial services. Mitigates financial risks as a strategic leader.. Partner with the Executive Leadership Team to develop financial activities and initiatives, including the development of business models, resulting in multi-year budgets to support them.. Prepare and evaluate potential financial performance models and related sensitivity analyses, including cash flows and compliance.. Establish and develop relationships within the Internet2 community with key institution CFOs to form avenues for creating and delivering value for members.. Lead activities associated with the security and investment of the organization's assets and funds, and ensure that financial transactions, policies, and procedures meet organization short- and long-term objectives, and regulatory body requirements. This includes oversight of activities and transactions that support an approximate annual reported revenue of $70M and an additional unreported revenue (pass-throughs) of approximately $35M.. Evaluate organizational performance, working with division leadership to identify opportunities for providing value to members and generating revenue to support the organization’s mission.. Advise executives regarding the development of cost recovery rate models for services in conjunction with division staff, beginning involvement early in the process.. Lead and manage the financial programs driving revenue acquisition and aligning related costs.. Key contributor for the development of processes that ensure accurate financial data and proper internal controls.. Provide ongoing fiduciary advisory role with regards to retirement plans and related funds.. Oversee the preparation of financial and accounting reporting and subsequent financial and Uniform Guidance audits.. Oversee financial related compliance with the IRS and other regulatory agencies.. Qualifications:. Master’s Degree in business administration, finance or accounting or equivalent.. 15-20 years of strong, proven executive leadership experience in the profession of Finance and/or Accounting.. CPA, CMA, or CGMA preferred.. Minimum of:. 15 - 20 years of substantial, progressive, financial management experience.. 15 - 20 years of management and supervisory experience in financial control/reporting environment.. 15 - 20 continuous years of professional experience in financial control, financial reporting, budgeting, forecasting and trend analysis.. Experience serving as staff to the Audit/Finance Committee(s) of the Board of Trustees (Directors). Experience serving as an officer of the corporation with signatory authority and an understanding of fiduciary responsibilities.. Reasonable knowledge of academic and/or non-profit academic institutions.. Proven financial leadership in:. Providing strategic direction that is executable and sustainable.. Achieving strategic financial and economic objectives.. Protecting and preserving the assets of the organization.. Modeling and balancing capabilities, costs, and services.. Driving and adapting to strategic shifts in an organization’s business models.. Experience and knowledge of best practices in financial ethics, independent audits, and various compliance requirements.. Ability to present financial data and educate organizational boards/members on current reports and future strategies.. Approximately 20% domestic travel required as safety permits.. To submit your interest in our key leadership position, contact Linda Moore, Internet2 Director of Human Resources at lmoore@internet2.edu or 734-726-0134.. If you require alternative methods of application or screening, you must approach the employer directly to request this as Indeed is not responsible for the employer's application process.. Thousands of employers search for candidates on Indeed

Internet2 Chief Financial Officer Position Posting

Keywords: Internet 2, Ann Arbor , Chief Financial Officer, Other , Ann Arbor, Michigan

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