Senior Vice President for Finance and Administration

2 weeks ago

Pittsburgh, Pennsylvania, United States Chatham University Full time
Senior Vice President for Finance and Administration

Chatham University is conducting a national search for a Senior Vice President for Finance and Administration (SVPFA). This pivotal role reports directly to the President and is a key member of the President's Leadership Team, responsible for steering financial and administrative operations that align with the University's strategic and operational objectives.

The SVPFA will be instrumental in formulating and executing financial strategies while addressing five immediate strategic priorities:
  1. Enhancement of new revenue streams and growth opportunities.
  2. Deployment of an innovative financial management system.
  3. Creation of a comprehensive 5-Year Capital and IT Development Plan.
  4. Improvement of organizational processes and structures.
  5. Promotion of initiatives aimed at cost reduction and increased affordability.
This role encompasses oversight of various administrative domains, including finance and accounting, budgeting and financial reporting, human resources, facilities management, library and information technology services, and public safety.

The ideal candidate will be a seasoned and dynamic leader, collaborating closely with the President, senior leadership, trustees, and the broader university community. The SVPFA will be expected to foster trust and demonstrate innovative, results-driven, and financially prudent leadership, engaging with stakeholders transparently and empathetically while articulating clear financial objectives and strategies.

Key Responsibilities and Focus Areas

The Senior Vice President for Finance and Administration will serve as a vital member of the senior leadership team and report directly to the university president. This position will exemplify robust financial stewardship and leadership, offering strategic vision and direction, optimizing resource management, and collaborating with all stakeholders to enhance the university's fiscal health both in the short and long term.

The agenda for the new SVPFA includes:
  1. Reassessing operational strategies across multiple campuses in collaboration with the new President and leadership team.
  2. Working alongside the President, leadership team, and Board of Trustees to strategically allocate resources towards increasing enrollment and net tuition revenue, diversifying auxiliary revenue streams, and establishing a sustainable financial model.
  3. Delivering timely and precise financial analyses and reports, while developing realistic long-term financial forecasts to support the university's mission and the Board's engagement in its financial health.
  4. Creating a structured, transparent, and future-oriented budgeting and financial reporting process that fosters trust within the university community.
  5. Overseeing the implementation of advanced financial and information systems to enhance data accessibility, operational performance assessment, and decision-making processes.
  6. Finalizing and executing a 5-Year Capital Infrastructure and IT plan to guide essential investments and develop sustainable funding sources.
  7. Enhancing the Office of Public Safety through strategic staffing, operational improvements, and necessary capital investments.
  8. Collaborating on initiatives that leverage the benefits of athletics and recreation to boost revenue, enrollment, and overall campus experience.
  9. Identifying and implementing operational efficiencies across departments, including exploring shared services or outsourcing options.
  10. Acting as the primary staff member for relevant Board of Trustees Committees, including Finance, Audit and Risk, Investment, and Real Estate.
  11. Participating in university reaccreditation and compliance processes required for federal or state funding and regulatory review.
Qualifications and Attributes
  • A bachelor's degree in accounting, business, or a related discipline is required; a master's degree or CPA is preferred.
  • 5 to 10 years of progressive leadership experience in a complex organization is required, with a preference for higher education experience.
  • Proven ability to establish a clear financial vision and motivate teams to achieve desired outcomes within finance, human resources, and operational sectors.
  • Exceptional financial acumen with a track record of data-driven decision-making and enhancing budgeting and financial management practices.
  • Experience with endowments, grants, and managing investments to benefit the university community.
  • Success in cultivating collaborative relationships with a diverse range of stakeholders, including trustees, senior administrators, faculty, staff, and students.
  • A commitment to fostering inclusion and belonging within teams and the broader community.
  • Strong communication skills, with the ability to listen, respond thoughtfully, and convey information clearly.
  • Ability to uphold the highest standards of compliance, integrity, and sound judgment.
  • Demonstrated skill in developing, leading, and mentoring a team of dedicated professionals.
  • A transparent and trustworthy management style that ensures comprehensive understanding of financial and budgetary matters.
  • Familiarity with the Pittsburgh area is desirable.
Application Process:

To review the complete profile and additional information about Chatham University, please refer to the appropriate resources.

This search is being conducted by a specialized search firm. Applicants are encouraged to follow the provided instructions for application submission.

The search committee will begin reviewing applications as they are received.

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