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Vice President and Chief Business Officer
1 week ago
Monmouth University seeks a strategic, accomplished Vice President and Chief Business Officer (VP & CBO) to advance the financial health and sustainability of the university, supporting its mission and strategic goals. Reporting directly to the President and serving on the Senior Leadership Team, the VP & CBO will provide vision, strategic direction, and leadership for the divisions of Finance, Facilities, Human Resources, and Information Management.
The successful candidate will have a proven track record of building and leading strong teams, with superior understanding of financial strategies within an organization. Responsibilities include analyzing data for potential improvements, implementing best practices and cost-saving measures, conducting forecasting and risk assessments, and ensuring compliance with state and federal regulations.
This is an in-person, on-campus, non-remote position.
Working at Monmouth University perks – MU offers:- 403(b) Retirement Plan (8% employer contribution)
- Paid Parental Leave upon hire
- Generous Paid Time Off
- Medical, Dental & Vision Insurance Benefits
- Tuition Remission/Exchange Benefits, upon hire and many more
- Master’s degree in a field related to business, accounting, economics, finance, or fiscal management;
- Minimum of 15 years of progressive leadership experience in finance, budgeting, or organizational and facilities management, preferably in higher education;
- Strong understanding of financial strategies and principles, with a proven track record of financial management and budget oversight;
- Extensive knowledge of budget planning, evaluation, and execution;
- Evidence of aligning strategic initiatives with financial plans and forecasts;
- Proven ability in using team-driven approaches to efficiently execute finance and administrative functions;
- Effective communication skills (both written and oral), especially with diverse stakeholders;
- Knowledge of current audit best practices and applicable laws regarding university operations;
- Experience with federal and university grants management accounting policies;
- History of successful supervision of a large staff within multiple areas of an organization;
- Ability to manage in a changing educational environment;
- Proven ability to work independently and collaboratively with minimal supervision.
- Familiarity with the national landscape in higher education, including market trends;
- Experience developing, managing, and mentoring a large customer service-oriented team;
- CPA or other related certifications and professional credentials.
- Serve as a strategic adviser to the President and the senior leadership team on administrative, financial, and operational matters;
- Work with the senior leadership team to formulate policy and make high-level decisions impacting the university;
- Provide leadership and management for the divisions of Finance, Facilities, Human Resources, and Information Management;
- Refine and execute the university’s capital projects plan;
- Collaborate with campus leaders on complex business problems;
- Analyze the university’s financial state and processes, advising on strategy and improvements;
- Oversee the annual operating budget process, developing detailed budgets for multiple cost centers;
- Review analyses of budget variances and identify risks and opportunities for savings;
- Model and construct the university’s capital and financial plans;
- Ensure compliance with financial operations policies and procedures;
- Monitor expenditures in accordance with fiscal rules and university policy;
- Facilitate budget consultation sessions with organizational leadership;
- Represent the university on various committees related to responsibilities.
Required Documents:
- Resume or Curriculum Vitae
- Cover Letter
- Professional References