Location: Beloit,WI, USA
Posting Date: 07/24/2024
Closing Date: August 30th or Until Filled
Employment Type: Full Time
Location: Beloit, Wisconsin, 53511
DescriptionBeloit College, an innovative nationally ranked small residential liberal arts college of 1,000 students ($48M budget) in Beloit, Wisconsin, a short drive from Chicago and Milwaukee, is conducting a national search for a CFO. Beloit is uniquely positioned to not only meet the immediate needs of today but to shape the leaders, entrepreneurs, and activists of tomorrow. With the new and visionary leadership of President Eric Boynton, the institution reaffirms its unwavering commitment to its mission through Impact Beloit — a transformative community-based pedagogical approach designed to integrate the hallmarks of a liberal arts education with career readiness throughout the entire student experience, in and outside the classroom, including in the city of Beloit.
Beloit seeks a collaborative leader who serves as the steward of the resources of the institution by ensuring the financial health of the College through leadership, direction, and oversight of the College's financial and human resource activities. Reporting to the President and partnering with the leadership team, the CFO will work to actively integrate and optimize cross-functional activities and move the College to a sustainable financial equilibrium. The CFO is a key member of the leadership team responsible for preparing financial analysis, budgetary reports, and long-range projections for the President and Board of Trustees serving as the key liaison to the Board's Finance, Audit, and Investment Committees.
Challenges and Opportunities for the CFO:
The successful candidate will be an exceptional financial and administrative leader with superior analytical and management skills and a willingness to explore new and creative opportunities for ensuring the College's financial health. They will be an excellent manager adept at handling multiple priorities simultaneously, be entrepreneurial in spirit, willing to think outside the box and take prudent risks. The new CFO will be a skilled negotiator and possess a keen understanding of the higher education landscape and the challenges that higher education is currently facing; they will provide innovative ideas in approaching the future.
The successful candidate will have the fortitude to make difficult choices when necessary and the ability to convey decisions with clarity. The new CFO will demonstrate unquestioned integrity, be an outstanding communicator, a creative and strategic thinker and possess strong and effective interpersonal skills that engender trust and cultivate collaboration. They will have an excellent understanding of non-profit finances and be willing to get into the weeds with the staff and into the financial details when necessary. They will be respectful of others, will value diversity and inclusion and will have a positive attitude.
The new CFO will be knowledgeable about the critical areas in the portfolio and will have experience working with boards of trustees. They will have at least ten years of progressively increasing experience in finance and administration, managing a staff with diverse responsibilities. Higher Education experience is highly desirable as well as experience in business, non-profits and/or other sectors. A bachelor's degree is required, and a CPA, an MBA or other advanced degree is preferred. This can be a hybrid position with the new CFO expected to be on campus about two weeks a month.
For additional information, please see the profile.
How to ApplyNominations and applications are invited for this position. Review of applications will begin immediately, and candidate material received by August 30, 2024, will be assured full consideration although recruitment will continue until an appointment is announced.
Lapovsky Consulting is assisting Beloit College in this search. For nominations, questions, or additional information, please contact:
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