Vice President for Financial Services / Chief Financial Officer

Position Summary

The Vice President for Financial Services/Chief Financial Officer (CFO) serves as the chief steward of Meridian Community College’s financial and business operations, reporting directly to the President. The CFO provides leadership, vision, and oversight for all fiscal, human resource, and operational areas of the College, ensuring compliance with federal, state, and accrediting regulations while promoting financial stability and ethical accountability.

Leadership and Stewardship

• Provide strategic leadership and vision for Accounting, Procurement & Contracts, Budgeting & Forecasting, Auditing, Financial Reporting, Data Analytics, Human Resources, Investments, Facilities Management, Risk Management, the Eagle’s Nest Bookstore, and Food Services.
• Serve as a good and faithful steward of public funds on behalf of taxpayers at the city, county, state, and federal levels.
• Advise the President and Board of Trustees on financial matters, ensuring all recommendations align with MCC’s mission and with laws governing Mississippi community colleges.

Budgeting and Financial Management

• Develop the College’s annual operating budget in collaboration with departments; secure approval by the President and Board of Trustees.
• Manage budget adjustments and revisions to maintain fiscal balance and transparency.
• Provide monthly and annual financial reports, including the Mississippi Budget Report (MBR), to the President, Board of Trustees, and state/federal agencies.
• Provide forecasting and other data analysis such as return on investment calculations to stakeholders.
• Ensure compliance with generally accepted accounting principles (GAAP) under the Governmental Accounting Standards Board (GASB) and government auditing standards.

Accounting and Auditing

• Oversee all accounting operations, including payroll, purchasing, accounts payable/receivable, asset management, and grants management.
• Ensure compliance with OMB Circulars and federal cost principles.
• Manage procurement, including Requests for Proposals and sealed bid processes, in accordance with state law.
• Coordinate and support annual external audits of College and MCC Foundation activities, resolving findings promptly.

Human Resources

• Provide oversight of human resources operations, ensuring accurate personnel records, effective onboarding & human capital management, and compliance with all employee training requirements.
• Ensure timely communication of employee benefits, policies, and employment-related updates.

Investments and Risk Management

• Monitor investment opportunities and make recommendations to the President to maximize financial returns while maintaining fiscal responsibility and ensuring regulatory compliance.
• Maintain comprehensive insurance coverage and direct ongoing risk assessment and avoidance strategies.

Auxiliary Services

• Oversee the Eagle’s Nest Bookstore to ensure affordable learning materials, promote school spirit, and provide campus conveniences.
• Manage contracted food services, ensuring quality, affordability, and opportunities for student engagement.

Compliance and Reporting

• Ensure timely submission of all required state, federal, and accreditation reports.
• Maintain a current Business Services Procedures Manual.
• Stay current with best practices and standards through organizations such as NACUBO, CCBO, CUPA, GASB, and FASB.