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Vice Chancellor for Finance and Operations
2 months ago
THE SEARCH
The University of Minnesota Duluth (UMD), one of five campuses within the distinguished University of Minnesota (UMN) System, seeks a strategic, collaborative, and mission-driven leader to serve as its next Vice Chancellor for Finance and Operations (VCFO). The VCFO will join UMD at an exciting time of transition, with the recent appointment of a new Chancellor and opportunities to shape the leadership team for continued success. This role is pivotal in supporting UMD's position as Minnesota's premier sea and land grant university and a key contributor to the region's research, creative activity, and economic development.
Reporting to the Chancellor and serving as a key member of the senior leadership team, the VCFO will oversee all finance and operations units, including the Controller's Office, the Office of Budget and Analysis, Human Resources, the Police Department, and Facilities Management, which includes the Office of Sustainability. The VCFO will manage UMD's $300 million operating budget, ensuring that financial, capital, and human resources are aligned with the university's strategic educational and research objectives. This role is crucial to advancing UMD's strategic vision, serving as an advisor to the Chancellor and senior leadership on resource allocation to support the university's mission and priorities.
The ideal candidate will have demonstrated experience in leading finance and operations in a complex higher education environment that relies on both system and state-level support. This leader will be adaptable, collaborative, and capable of managing change effectively. With strong problem-solving skills, the VCFO will find innovative ways to prioritize projects, utilize resources efficiently, and communicate complex financial and operational concepts transparently to build trust among the UMD community. The VCFO must be a strategic leader with strong financial and business acumen and the ability to motivate and support teams and apply best practices to advance UMD's long-term priorities of fostering impactful research, growing enrollment, and enhancing the economic prosperity of the region and the state.
The University of Minnesota Duluth has retained Isaacson, Miller, a national search firm, to assist in this important search. All inquiries, applications, and nominations should be directed in confidence to the search firm as indicated at the end of this document.
QUALIFICATIONS AND CHARACTERISTICS
The successful candidate will be an innovative and collaborative leader with a demonstrated track record of leading complex financial and administrative functions. While no single candidate will bring all of the listed qualifications and experiences, the search committee seeks candidates with a well-rounded combination of the following:
- A bachelor’s degree in finance, accounting, business management, public administration, or a related field is required; a Master’s degree is preferred.
- 8+ years of progressively responsible experience in fiscal, human, and physical resources management.
- Significant leadership experience in an institution of higher education or similarly complex organization; experience in a multi-campus system or multi-site organization is preferred.
- Successful leadership experience working in an environment of shared governance, collective bargaining, and collaborative decision-making.
- Experience in and commitment to supporting and advocating for programs and initiatives in sustainability.
- Strong knowledge of finances and the ability to apply this knowledge in today’s higher education landscape.
- Proven ability to be a creative and flexible problem-solver, using data and principles to align activities with strategic priorities while working at both strategic and detailed levels.
- Experience with continuous quality improvement, aligning programs and processes with a mission and strategic plan.
- Proven ability to create workflows that detail all relevant steps from start to finish, allowing for revisions as circumstances evolve.
- Demonstrated ability to develop, communicate, and implement strategies, building both internal and external relationships with public/private sectors and the community.
- Success in leading and working with diverse communities and cultures, particularly in recruitment, team building, and conflict resolution.
- Ability to effectively accomplish work through others by managing people well.
- Commitment and proven experience in promoting and supporting diversity, equity, and inclusion in the workplace.
- Ability to be energized by difficult challenges, solve complex problems, glean meaning from data, and use multiple problem-solving tools and techniques.
- Ability to quickly assess situations, adapt as needed, and apply personal wisdom and experience to develop effective solutions.
- Evidence of outstanding written and oral communication skills, effective in preparing documents, reports, and presentations to various groups, including senior management.
