P&L Like Framework for Fiscal Units:
- Establish a profit-and-loss (P&L) style framework for all
fiscal units to accurately track how expenses are managed and
funded at the unit level, structured so that it can roll up to the
Board and State on a monthly cadence.
Responsibilities:
Leadership Management
- Lead the Fiscal Services division of approximately 100 staff
through its unit leaders, setting direction, priorities, and
performance expectations;
- Hire, develop, coach, and evaluate direct reports, and build
leadership depth, employee engagement, and succession across the
division;
- Establish service standards, performance measures, and
accountability across the division, and oversee the schedule for
close, reporting, audit, and budget cycles;
- Allocate staffing and resources across units, and foster
collaboration within the division and with partners across the
university;
- Present the university's financial statements and monthly
financial reports to the Board of Visitors and its committees,
ensuring monthly reporting rolls up into board submissions, and
respond to questions on the financial results; and
- Provide financial reporting to the President and the Senior
Leadership Team in order to ensure efficiency and fiscal
accountability across the university, and represent the university
to Commonwealth agencies and on state and legislative reporting
requests.
Fiscal Oversight
- Accounting and Financial Reporting:
- Own the monthly, quarterly, and year-end financial close, and
take direct responsibility for the accuracy and timeliness of the
university's financial statements, delivered through the
Controller's Office;
- Oversee accounting operations and banking, the general ledger
and chart of accounts, interface with the Commonwealth's accounting
system, and account reconciliations across all funds;
- Ensure compliance with GASB and governmental and fund
accounting standards, and the production of the annual financial
statements and supporting schedules for leadership, Commonwealth,
federal, and sponsor reporting;
- Oversee fixed assets, international tax, payroll, and cost
accounting, including Facilities and Administrative and fringe
benefit rates; and
- Build business processes and reporting tools for financial
tracking, predictive analytics, and data mining that strengthen
decision support across the division.
- Budget Development and Execution:
- Direct the development of annual operating and capital budgets,
the biennial State budget submission, and the allocation and
reconciliation of unit budgets under the budget model;
- Establish and lead a budget management rollup across the
university to include academic and non-academic units, oversee
budget-to-actual execution, variance analysis, and forecast updates
during the year, and review results with university leadership;
and
- Ensure position control and salary and benefit funding are
managed, and maintain the multi-year integrated financial
plan.
- Treasury, Cash, and Debt:
- Oversee cash management, liquidity, banking relationships, bank
reconciliations, and the investment of university funds;
- Hold accountability for debt management, debt service, covenant
compliance, continuing disclosure, arbitrage, and for accurate debt
schedules and reporting; and
- Oversee capital project funding and reconciliation of capital
spending against approved plans and the six-year Capital Plan.
Strategy and Compliance
- Audit, Internal Controls, and Compliance:
- Serve as the senior point of accountability for the annual
external audit, including the Auditor of Public Accounts review and
the federal Single Audit, and ensure audit preparation and
responses are managed across the division;
- Oversee the university's internal controls program, including
the Commonwealth's internal controls mandate and PCI data security
standards, and ensure clean, accurate financial data and controls
over financial transactions and resources are documented and
tested;
- Ensure audit findings and control deficiencies are corrected
within set timeframes and approve and enforce fiscal policies and
procedures in compliance with state and federal laws and with donor
and sponsor requirements; and
- Establish a profit-and-loss (P&L) style accountability
framework across the institution that tracks funding and expenses
at the unit/division level to strengthen financial ownership and
performance visibility.
- Purchasing, Payments, and Financial Systems:
- Oversee purchasing and procurement, the P-Card program,
contract administration, travel, eVA purchasing, and the processing
of vendor payments and reimbursements through Accounts
Payable;
- Oversee student accounts, billing, third-party and sponsor
billing, the Cashier's Office, and collections;
- Direct the operation and improvement of the university's
financial systems, including the university’s ERP (Banner), eVA,
Mason Finance Gateway, and business intelligence platform
(MicroStrategy) for reporting and ensuring data integrity; and
- Set and monitor service standards, and reduce processing times,
error rates, and backlogs.
- Financial Strategy and Planning:
- Advise the President and the Senior Leadership Team on the
financial implications of institutional decisions, and work to
optimize the university's overall financial position;
- Contribute to the long-range financial plan and resource
allocation, and identify financial risks and opportunities in
advance; and
- Build the division's expectations and practices toward a
best-in-class accounting and financial management framework,
professionalizing the university's financial function.
Required Qualifications:
- Bachelor's degree in business, finance, accounting, or related
field, or an equivalent combination of education and
experience;
- Extensive progressive experience leading or supporting a
finance or accounting function in a large, complex organization
with an operating budget of at least $1 billion, including
experience in higher education (R1 preferred) and supervisory
experience managing a team through subordinate leaders;
- Extensive progressive experience leading or directly supporting
the financial operations of a large, complex organization with an
annual operating budget of at least $1 billion, through subordinate
managers and unit leaders, with accountability for accounting,
reporting, and budgeting;
- Experience leading or supporting financial operations in higher
education, particularly at an R1 research university or other
large, complex public institution;
- Experience with ERP accounting and budget systems and reporting
tools, and leading process and system improvements;
- Direct experience overseeing or supporting a financial close,
the production of financial statements, and an external audit;
- Supervisory experience leading a team through subordinate
leaders, including hiring, goal-setting, performance management,
and staff development;
- Command of accounting, budgeting, forecasting, reporting,
audits, internal controls, and reconciliations;
- Knowledge of governmental or fund accounting and reporting
principles;
- Ability to personally perform and critically review financial
analysis, forecasting, and variance analysis, to present and defend
financial data before executives and a governing board; and
- Strong analytical, technical, and written and oral
communication skills.
Preferred Qualifications:
- Master’s degree in related field;
- Certified Public Accountant (CPA);
- Project management experience;
- Experience at a public university within a state system, or in
a multi-campus or research-intensive institution;
- Experience with debt and treasury operations, capital
financing, and continuing disclosure;
- Experience with Ellucian Banner, MicroStrategy, eVA, and SQL;
and
- Knowledge of Commonwealth of Virginia budgeting and reporting
practices, state appropriations, and restructured operating
authority.
Instructions to Applicants:
For full consideration, applicants must apply for the
Senior
Vice President and Chief Financial Officer (SVP and CFO)
at
https://jobs.gmu.edu/. Complete and submit the
online application to include three professional references with
contact information, and provide a cover letter with resume for
review.
Posting Open Date: August 26, 2026
For Full Consideration, Apply by: September 9, 2026
Open Until Filled: Yes
Mason Ad Statement
George Mason University is a nationally ranked R1 research
university committed to creating a more just, free, and prosperous
world. With 40,000 enrolled students, George Mason is the largest
and most diverse public research university in Virginia, offering
degree programs at the master's, doctoral, and professional level,
along with certificates and credentials.
George Mason fosters an All Together Different environment for
students, faculty, and staff, driven by our core beliefs. We
believe in inclusivity over exclusivity; we believe in advancing
our mission by being willing to take risks, not avoiding them; and
we believe our best work is possible when we apply our diversity of
origin, identity, circumstance, and thought.
Equity Statement
George Mason University is an equal opportunity/affirmative action
employer, committed to promoting inclusion and equity in its
community. All qualified applicants will receive consideration for
employment without regard to race, color, religion, sex, sexual
orientation, gender identity, national origin, age, disability or
veteran status, or any characteristic protected by law.
Campus Safety Information
Mason’s Annual Security and Fire Safety Report is available at
http://police.gmu.edu/annual-security-report/