Position Details
About Us: Howard Community College (HCC) is an exciting place to work, learn, and grow! We are proud to have received the Great Colleges to Work For honor for 12 consecutive years, 2009-2020. HCC values diversity among its faculty, staff, and student population. We are an innovative institution that is committed to responding to the ever-changing needs and interests of a diverse and dynamic community. No matter where you want to go in your career, you can get there from here!
Position Information
Position Title: Director of Budget and Finance
FLSA: Exempt
FT/PT: Full Time
Hours Per Week: 37.5
Work Schedule: M-F 8:30-5
Grade: 21
Minimum Compensation: $103,372
General Responsibilities
The director works closely with the Associate Vice President (AVP) of Finance on strategic matters, including the setting of departmental and inter-departmental priorities, as well as representing Finance in cross-organizational working groups. Responsibilities include maintaining the integrity of the college's approved budget, managing the budget database and processes, financial analysis and forecasting, oversight of financial systems, policies, procedures, and internal controls. The director will ensure compliance with Generally Accepted Accounting Principles, as well as applicable state and county regulatory requirements. The director is responsible for overseeing the annual audit.
The director will manage and supervise administrative and professional staff in areas of general financial management, payroll, foundation accounting, grants, capital assets, and general finance support. The director is responsible for all financial reporting of the College and College's Foundation as well as cash management for the college. In the absence of the Associate Vice President of Finance, the employee will assume temporary duties in this position.
Work Performed
Employee is responsible for the supervision and management of the finance office general support staff. Responsibilities include the annual budget development process, working closely with employees across the college from cost center managers to senior leadership. This entails strategic planning, analysis and projections of revenue, payroll and benefit costs, training of employees in the budget process, and monitoring of the process from start to finish.
Monitor budgets throughout the year and assist managers in techniques to stay within budget, address concerns and give guidance on ways to rectify budget concerns. Provide budget reports to internal and external stakeholders. Responsible for the preparation and maintenance of the college's multi-year staffing plan, including coordination with college constituents as well as Senior Leadership Team members.
In coordination with the Executive VP for Finance and Administration and the AVP of Finance, update the 5-year financial plan for the college. Responsible for the oversight and monitoring of the position control in coordination with the human resources department. Review, verify and ensure proper accounting of all transactions related to areas assigned. Responsible for the monthly and annual close out processes.
Responsible for the preparation of monthly financial statements and analysis, financial reports, surveys, and required state and federal reports. Coordinates the annual audit and oversight of the preparation of the work papers. Responsible for the preparation of the 990T (unrelated business income return) and 990 (Foundation) tax filings. Responsible for the review of quarterly and annual tax returns including forms 941 as well as W-2's. Oversight of quarterly and annual payroll related filings such as 941s and W2s. Ensure compliance with payroll regulations, and federal and state tax reporting.
Ensure security and confidentiality of all payroll position and benefit related documents. Responsible for cash management, investments, credit card processing, and banking relationships. Cross training in financial duties of directors within finance is a requirement of this position and serves as the primary backup in the absence of other finance directors. Responsible for the oversight and implementation of information systems for areas assigned. Represent the finance department perspective in various cross-organization working groups. Performs additional duties as assigned.
Minimum Requirements
Minimum Education Required: Bachelor's degree
Minimum Number of Years Experience Required: 8
Other Knowledge Required:
- Bachelor's degree in accounting or related field required.
- Master's degree preferred or equivalent experience.
- CPA or a minimum of 8 years equivalent work experience.
- Extensive knowledge of accounting and budgeting procedures and principles.
- Ability to determine changes in regulations that affect policies and procedures.
- Ability to apply accounting principles and procedures to all areas of assignment.
- Ability to use own initiative to locate and resolve problems.
- Ability to coordinate with other areas of the college and external agencies.
- Ability to interview, hire, train, direct, evaluate, discipline, and provide supervisory support to subordinates.
- Ability to analyze accounting and budget systems to ensure accuracy and recommend modifications.
OTHER REQUIREMENTS:
- Ability to use standardized computer software such as Microsoft Office Suite.
- Ability to operate routine accounting machines.
- Ability to interact tactfully and effectively with others.
- Ability to communicate effectively, both verbally and in writing.
- Ability to maintain strict confidentiality.
- Regular attendance is a requirement of this job.
- Performs all duties while considering the impact of any actions on the college's sustainability initiatives.
Working Conditions
Position requires coordination with internal and external constituents. Overtime during budget development and close out may be necessary.
Supervisory Position? Yes
Division: Finance
Department: Finance DEPT
Posting Detail Information
Posting Number: B386P
Number of Vacancies: 1
Best Consideration Date: 07/31/2024
Job Open Date: 07/10/2024
Job Close Date:
Open Until Filled: Yes
Job Category: Staff
Benefits Summary
Howard Community College offers competitive salaries, excellent medical and dental selections, tuition reimbursement, and paid leave programs. As a participating member of the Maryland Retirement and Pension System, HCC offers two retirement options: The Pension, which requires a 7% employee contribution and The ORP, a 403(b) with a 7.25% employer contribution only. Employees in positions that do not require a bachelor's degree must participate in The Pension. Employees that possess a bachelor's degree and hold professional positions that require a bachelor's degree may choose to participate in either The Pension or The ORP.
Applicant Instructions
*Pre-employment criminal background investigation is a condition of employment.
HCC is interested in all qualified applicants who are eligible to work in the United States. However, HCC will generally not sponsor applicants for work visas. Due to HCC policy, only employees living in states contiguous to Maryland are eligible for work at HCC. Candidates must live in the commutable area or be willing to relocate at their own expense if offered the position because HCC does not offer relocation benefits. Please complete the entire HCC Employment Application (Candidates will be evaluated on completing the college's application in full).
Quick Link for Internal Postings
Internal Postings
EEO Statement
Howard Community College (HCC) is an Equal Employment Opportunity & Affirmative Action employer & values diversity within its faculty, staff & student population. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, gender, sexual orientation, gender identity, genetic information, disability or protected veteran status. HCC understands that persons with specific disabilities may need assistance with the job application process and/or with the interview process. For confidential assistance with the job application process, please contact the Office of Human Resources at 443-518-1100.
