Job Description:
Germanna Community College is a public, open access institution of higher education in the Virginia Community College System. The College is a dynamic learning organization that serves as a Germanna regional leader and preferred partner where quality learning experiences enable students to participate effectively in the social, economic, political, intellectual, and cultural life of their communities. Germanna Community College is centrally located in Fredericksburg, VA between Washington D.C. and Richmond and between the Blue Ridge mountains and the Chesapeake Bay. Full of history, the area offers a community rich with diversity, the arts, technology, vineyards, hiking, canoeing/kayaking, and many other activities.
The Financial Planning Manager/ARMICS Coordinator is responsible for leading the College’s financial planning, budget development, and analytical functions while ensuring strong internal controls and institutional compliance through ARMICS. The position oversees operating and capital budget development, monitoring, and forecasting to ensure alignment with institutional priorities, enrollment‑driven revenue assumptions, and available resources. The position supports executive decision‑making through financial modeling, scenario analysis, cash flow forecasting, and clear reporting, and serves as a primary liaison with executive leadership, auditors, DOA, VCCS, and Shared Services on financial planning and internal control matters.
In addition, the role serves as the College’s ARMICS Coordinator, with primary accountability for institutional risk assessments, internal control documentation, testing, remediation activities, and annual ARMICS certification.
The position also directly supervises the Strategic Initiatives Accountant, ensuring effective coordination, accountability, and compliance for strategic initiative financial activities.
The position operates under the direction of the Director of Finance, who retains primary oversight and accountability for institutional financial planning and internal controls.
Major Duties and Responsibilities
Financial Planning and Budget Analysis
- Lead development, analysis, and ongoing monitoring of College budgets.
- Ensure adequate Appropriation is available for College needs as budgeted.
- Prepare, distribute, and interpret timely budget‑to‑actual financial information to support budget managers’ fiscal oversight and decision‑making.
- Analyze enrollment‑driven revenues, financial aid impacts, and expenditure trends to support institutional planning.
- Develop financial models, forecasts, and scenario analyses to evaluate budget risks, resource constraints, and strategic options.
- Perform short‑ and mid‑term cash flow forecasting and liquidity analysis, including evaluation of the timing of major inflows and outflows.
- Identify potential budgetary and cash flow risks and recommend mitigation strategies to executive leadership to support short‑ and long‑term planning.
ARMICS Compliance and Internal Controls
- Serve as the College’s ARMICS Coordinator with responsibility for institutional ARMICS certification.
- Coordinate risk assessments, control documentation, testing, and remediation activities.
- Maintain ARMICS documentation in accordance with College, VCCS, and DOA requirements.
- Monitor control effectiveness and recommend process improvements to strengthen control maturity.
- Ensure appropriate segregation of duties and internal control consistency across campuses and functions.
- Support audit requests and ensure timely, accurate responses.
Strategic Initiatives and Supervisory Oversight
- Provide direct supervision to the Strategic Initiatives Accountant, including work assignment, prioritization, and performance management.
- Review and approve accounting and financial reporting for strategic initiatives, grants, and special projects to ensure accuracy and compliance.
- Ensure strategic initiative financial activity aligns with institutional budgets, financial plans, and internal control requirements.
Coordination, Compliance, and Stakeholder Support
- Provide guidance and technical assistance to departments regarding budget, controls, and risk management.
- Participate in cross‑functional initiatives to strengthen financial governance and compliance.