Vice President of Finance

Salary: $225,000.00 - $245,000.00 Annually
Location : Springfield, MA
Job Type: Full-time 12 months 35 hours
Job Number: 00277
Department: Finance and Administration
Opening Date: 10/07/2025

Description

The Vice President for Finance and Administration serves as the chief advisor to the President on financial and administrative matters. This role provides strategic leadership for key functions, including business operations, facilities management, human resources, information technology, auxiliary enterprises, and risk management. The Vice President also acts as a staff liaison to the Board of Trustees on investment, business affairs, and audit and compliance committees. Additionally, this position oversees the preparation and monitoring of the College's annual operating budget, acquisition and disposition of College assets, and negotiation of short- and long-term debt financing. The successful candidate will be a dynamic leader committed to continuous improvement, collaboration, and aligning resources with the College's mission and strategic goals.
Responsibilities

Coordinate the annual budget development and approval process, including recommendations on budget assumptions, tuition and fee increases, financial aid discounting, debt financing strategies, and investment management of the College's investable assets; monitor budget results and propose adjustments as needed.
Provide executive leadership and strategic direction for the planning, enhancement, and stewardship of the College's physical and technological assets, including buildings, athletic and recreational facilities, grounds, and infrastructure.
Oversee the development and execution of the College's Master Plan to ensure that all facilities and resources advance institutional priorities, operational excellence, and long-term sustainability.
Represent the College and President to internal and external constituents, including serving on boards, collaborating with financial institutions, vendors, alumni, and rating agencies.
Manage auxiliary enterprise relationships to ensure high-quality, cost-effective services for students.
Collaborate with the College's General Counsel and Director of Human Resources on strategies for compensation, fringe benefits, and employment policies; develop and distribute salary information to the President's Leadership Team for budgetary purposes; serve on the retirement program steering committee.
Direct daily operations of key departments through interaction with department heads: Facilities Management, Information Technology, Office of the Controller, Risk Management, Human Resources, and Auxiliary Enterprises.
Qualifications

Master's degree required in Accounting, Finance, Business Administration or similar field of study with a minimum of five years of directly related experience.
Knowledge, Skills & Abilities

Strong managerial skills.
Detailed knowledge of higher education financial and accounting principles.
Expertise in financial planning, budget management, and strategic planning.
Ability to work collaboratively as a team player.
Excellent organizational and communication skills.
Proficiency in data analytics and financial software.
Capacity to lead change and foster innovation.
Specific examples of Higher Education Financing Transactions, the Development of a Campus Master Plan, and the Construction of a Key Facility or Building on Campus.
Advanced knowledge of Microsoft Excel and PowerPoint.
Occasional evening, holiday, or weekend work required to attend college events and Board of Trustees weekends and events, construction projects, audits, budget process.
At Springfield College we offer competitive and generous benefit options for employees and their families.

• Tuition benefits for employees and dependents
• Tuition exchange program for dependents
• Generous paid time off benefits
• Paid Sick Leave Benefits
• 403(b) retirement plan (TIAA) with a generous college match
• Medical, Dental and Vision plan(s)
• Health Reimbursement Arrangement (HRA)
• Flexible Spending Accounts (health care expenses and dependent care)
• Life and accident insurance plans
• Long-term disability
• Optional voluntary benefits
• Employee Assistance Program (EAP)
• Wellness benefits and programs
• Free use of our state-of-the-art Wellness Center

Part-time employees earn pro-rated holiday, vacation and sick leave.

To learn more about our Benefit Package, visit our page.

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