Chief Financial Officer

Women's Institute of Torah Seminary & College

Women’s Institute of Torah Seminary & College (WITS) מכון אור יהודית is a seminary and an undergraduate college, accredited by the Association of Institutions of Jewish Studies (national accreditation) and approved as a degree-granting institution by the Maryland Higher Education Commission. WITS has provided Jewish women with an undergraduate education leading to BA and BS degrees since 1998. We are proud of over 1900 alumnae who have gone on to graduate school and to careers in a diverse array of fields.

About the Position


The Chief Financial Officer oversees all financial matters and operations in the institution. The Chief Financial officer has primary responsibility for planning, budgeting and implementing all financial policies. The Chief Financial Officer serves on the Senior Leadership Team.

Reporting Relationships

Reports to the Executive Dean
Supervises the Bursar

Duties and Responsibilities

• Oversees all cash movement and banking administration within the organization
• Maintains balanced bank accounts for all bank accounts in portfolio
• Supervises monthly bank reconciliations
• Leads the preparation and implementation of operational and capital budgets and forecasts
• Accumulates all necessary financial data needed to report business results
• Provides management with business performance metrics critical to the decision-making process
• Designs and maintains new policies and processes to improve efficiency and accuracy of accounting tasks and products; software development is also included in this category
• Monitors collections efforts and progress throughout the semester; oversees accounts payable for organization, attempts to keep payables to 30-day turn-around cycle
• Reviews monthly, quarterly, and annual financial statements prepared by the Bursar
• Oversees independent financial statements audit by coordinating audit procedures with external auditors
• Serves as liaison with organization’s tax accountant to ensure accurate and timely Federal, State, and personal property tax returns, 1099s filings, and regulatory submissions
• Hires, trains, and supervises all accounting staff necessary to perform all duties
• Takes responsibility for all planning, directing, and coordinating of accounting functions
• Assesses current accounting operations, offering recommendations for improvement and implementing new processes
• Evaluates accounting and internal control systems

Minimum Skills/Experience Required

• Requires a minimum of a bachelor’s degree in Accounting, Finance, or Business Administration
• Minimum of five years of experience managing accounting, budget, and financial reporting operations
• Strong collaboration across departments
• Must have supervisory experience
• CPA preferred
• Higher education and/or non-profit experience preferred
• Knowledge of MS Office, especially Word and Excel, and MS One Drive
• Excellent written and verbal communication skills
• Engaging interpersonal skills for working with faculty, vendors, and partner professionals

To apply please send resume and cover letter to:
Lesley Austen

Non-Discrimination Policy
WITS is committed to its mission as a women’s institution of higher learning. WITS prohibits discrimination in educational policies, employment, campus services and activities on the basis of age, color, creed, disability, gender identity, national/ethnic origin, race, religion, sex, sexual orientation, veteran/uniform status, and all other classifications protected by law. With respect to admission, WITS admits qualified women of the Orthodox Jewish faith without regard to age, color, creed, disability, national/ethnic origin, race, religion, sexual orientation, or veteran/uniform status.

Location: Baltimore, MD

For More Information, please contact Lesley Austen lausten@wits.edu