Vice President, Finance and Administration- Sample Job Description
A prominent university on the West Coast is seeking a strategic and experienced Vice President for Finance and Administration / Chief Financial Officer (CFO) to provide visionary financial leadership, operational management, and fiscal stewardship. Reporting directly to the President, the CFO will serve as a key member of the executive team, driving financial strategy, overseeing administrative operations, and ensuring the university’s long-term financial health. This role requires a dynamic leader capable of aligning financial operations with the university’s mission and supporting its academic and strategic objectives.
Responsibilities:
- Financial Strategy and Planning: The Vice President for Finance and Administration will lead the development, execution, and continuous assessment of the university’s financial strategies to support growth, sustainability, and operational efficiency.
- Budgeting and Forecasting: Oversee annual budgeting processes, long-term financial planning, and forecasting. Ensure effective allocation of resources to align with institutional priorities and academic initiatives.
- Financial Reporting and Compliance: Direct the preparation of accurate financial reports and ensure compliance with all federal, state, and university policies. Maintain transparency and accountability through regular reporting to the Board of Trustees and other stakeholders.
- Administration and Operational Management: Provide oversight for critical administrative functions, including facilities management, human resources, campus safety, and auxiliary services. Drive efficiency and continuous improvement across these areas to support the university’s mission.
- Risk Management and Financial Controls: Develop and maintain effective risk management strategies, financial controls, and policies to safeguard university assets and support regulatory compliance.
- Endowment Management: Collaborate with the Board’s investment committee and external managers to ensure prudent oversight and management of the university’s endowment.
- Strategic Partnerships and Fundraising: Work with advancement and development teams to align financial strategy with fundraising efforts, developing innovative partnerships that enhance university resources.
- Capital Projects and Facilities: Oversee the planning, funding, and execution of capital projects, ensuring they are financially viable and align with the university’s strategic goals.
- Leadership and Team Development: Lead and mentor a diverse team of finance and administrative professionals. Foster a collaborative, inclusive environment that promotes professional growth and aligns with university values.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; MBA, CPA, or advanced degree strongly preferred.
- A minimum of 10 years of senior financial management experience, with at least 5 years in a CFO or similar executive role in higher education, public sector, or a complex nonprofit organization.
- Proven track record of strategic financial leadership, with expertise in budgeting, financial planning, and resource allocation.
- In-depth knowledge of higher education financial systems, endowment management, and capital financing.
- Experience managing diverse operational functions (e.g., facilities, HR, auxiliary services) within a large organization.
- Strong understanding of federal and state regulations related to higher education, as well as non-profit accounting standards.
- Exceptional communication and interpersonal skills, with the ability to engage and influence stakeholders across all levels of the institution.
- Commitment to diversity, equity, and inclusion, with a track record of fostering an inclusive and collaborative work environment.
About the University:
Located on the scenic West Coast, this institution is known for its commitment to academic excellence, research, and community engagement. The university offers a vibrant campus culture, a commitment to sustainability, and a dedication to fostering an inclusive environment for students, faculty, and staff. This is an exciting opportunity for a financial leader who is passionate about higher education and eager to make a lasting impact.
If you are an experienced financial professional with a passion for supporting higher education and a commitment to fiscal responsibility, we invite you to join us in shaping the future of this prestigious institution.
