Chief Financial Officers: Main Duties and Responsibilities (00:36)
Pernell Jones is vice president of finance and operations at Eastern University. Accounting, budgeting, human resources, and debt management are a few of his responsibilities.
Chief Financial Officers: Career Beginnings (02:36)
Jones has always been fascinated by numbers and accounting. He took his first accounting class in high school and went on to get his undergraduate degree in business administration with a focus in accounting before entering the workforce.
Chief Financial Officers: Keys for Success (01:27)
A solid foundation in quantitative and financial analysis is integral to working as a CFO. People skills are important when working at an institution of higher education.
Chief Financial Officers: Education and Certification Requirements (02:26)
Most people in this field have an undergraduate degree and a master's degree in business administration. It is helpful to have a background in accounting and a strong legal foundation. It is also important to be technologically adept.
Chief Financial Officers: Workplace Atmosphere (01:40)
Jones find it gratifying to use his skills to engage with people he feels connected to. Hours are long, but travel is not a regular part of the job.
Chief Financial Officers: Advice for Aspiring Pros (02:22)
Do not be afraid of hard work. Demonstrating integrity and reliability in professional relationships is integral to being effective. Jones describes how his connections led to his executive role at his alma mater.
Chief Financial Officers: Day on the Job (01:23)
Jones likes to get an early start on his day, most of which is spent at a computer. He does spend some time in meetings and interacting with others.
Chief Financial Officers: Industry Goals and Services (02:17)
Jones says his main role is to provides stewardship to his organization and its mission. This is accomplished largely through financial analysis that is delivered in a meaningful way.
Chief Financial Officers: Industry Challenges (02:22)
The 2008 economic recession changed the financial industry. Businesses are now more careful about how resources are spent, putting pressure on CFOs.
Chief Financial Officers: Looking at the Future (01:25)
Jones anticipates that CFOs will increasingly need to be involved in strategic, programmatic, and qualitative aspects of institutions.
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