Vice President for Financial Services/CFO

Position Title: Vice President for Financial Services/CFO

Department: Business Administration

Date Prepared: May 2024

FLSA Status: Exempt / Full Time

Standard of Christian Commitment

Employees must be professing Christ followers who possesses a strong commitment to the mission and core values of Southwestern Seminary and Texas Baptist College, possess a clear understanding of Southern Baptist heritage and culture, and agrees to serve in accordance with and not contrary to the current edition of the Baptist Faith and Message.

Southwestern Seminary, an entity of the Southern Baptist Convention, is a confessional institution. While the Seminary serves the larger evangelical Christian community, employees must embrace the values and standards the Seminary represents as it fulfills its mission of shaping Christian leaders within our denominational context.

Since job duties require an employee to represents the Seminary to prospective and current students, candidates must abide by the Seminary bylaws, the Employee Handbook, and the current edition of the Baptist Faith and Message as a condition of employment.

Job Summary:

The Chief Financial Officer (CFO) at the Seminary serves as a pivotal member of the President's senior leadership team, directing financial strategies and ensuring the institution's fiscal health and compliance. The role encompasses a broad array of responsibilities, including financial planning and oversight of multiple departments crucial to the Seminary's operations. The CFO collaborates closely with executive leadership, the Board of Trustees, and external stakeholders to make informed decisions that align with the organization's mission and objectives. With extensive decision-making authority, the CFO plays a critical role in shaping the Seminary's financial future while upholding the highest standards of confidentiality and ethical conduct. This position requires a seasoned financial leader with a comprehensive understanding of finance, accounting principles, and regulatory compliance, along with exceptional communication and leadership skills. The CFO must possess a commitment to fostering a culture of continuous improvement, collaboration, and ethical conduct within the institution.

Essential Job Functions / Responsibilities

• Develop financial strategies by forecasting capital, facilities; identifying monetary resources; and developing action plans.

• Monitor financial performance by measuring and analyzing results; initiating corrective actions; and minimizing the impact of variances.

• Ensure credibility of the Finance group by providing timely and accurate analysis of budgets, financial trends, and forecasts.

• Lead efforts to identify, acquire, and implement systems and software to provide critical financial and operational information.

• Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies, and regulatory action.

• Enhance and/or develop, implement, and enforce policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of the corporation.