Executive Vice President and/or Chief Financial Officer
1 day ago
Search for EXECUTIVE VICE PRESIDENT and/or CHIEF FINANCIAL OFFICER
CLARK UNIVERSITY
WORCESTER, MA
THE SEARCH
Clark University seeks a collaborative, innovative, and proven leader to serve as Executive Vice President (EVP) and/or Chief Financial Officer (CFO). Reporting to the president and serving as a key partner to him, the provost, senior colleagues, and trustees, the EVP will provide strategic financial counsel, ensure consistent excellence in execution of the University’s financial affairs, and play a lead role in administrative management to help shape the vision and direction for this highly respected, small, private, liberal arts-based research university.
With an operating budget of $162 million and a $500 million endowment, Clark’s current financial position is strong. At the same time, the University experienced lower than anticipated enrollments for fall 2024 and has for a few years run modest operating deficits. The University will launch its next comprehensive campaign with a current goal of $250 million in early 2026. As of today, fundraising progress (quiet phase) for this campaign is slightly ahead of schedule.
The EVP will lead careful stewardship and management of all of Clark’s assets, overseeing budgeting and financial planning; business services; all controller and treasury functions; human resources; information technology; enterprise risk assessment and management; compliance, including Title IX; campus safety/police, and legal services; and will work closely with related committees of the board, including the investment committee in overseeing an outsourced investment management firm.
The EVP will be a gifted senior leader and manager with broad-gauged financial and administrative skills and extensive experience in several functional areas in the portfolio. The ideal candidate will bring at least ten years of progressively responsible experience and a track record of success leading in comparably complex higher education settings, ideally including a research element. Strong oral and written communication skills are essential. An MBA or other relevant advanced degree is strongly preferred.
Clark University embraces equal opportunity and affirmative action as core values: the University believes that cultivating an environment that embraces and promotes diversity is fundamental to the success of our students, its employees, and its community.
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