Vice President of Finance

About the Opportunity

Northeastern's comprehensive array of undergraduate and graduate programs- in a variety of on-campus and online formats-lead to degrees through the doctorate in nine colleges and schools. Among these, we offer more than 195 multi-discipline majors and degrees designed to prepare students for purposeful lives and careers.

Northeastern University has retained the national executive search firm Isaacson Miller to assist in this search. All inquiries, nominations, referrals, and applications should be sent in confidence to:

https://www.imsearch.com/search-detail/S8-525

Position Summary:

The Vice President of Finance is a financial officer of the University and is responsible for providing overall leadership and strategic direction for treasury, debt, endowment management, student collections, general accounting, internal and external financial reporting, taxation, procurement, payments, and auxiliary services.

The individual serves as a senior liaison across the University and reports to the Senior Vice President for Finance and Treasurer and provides support and guidance for developing and implementing various financial strategies to support activities throughout the University

Key Responsibilities:

Build strong interdivisional relationships by making financial functions more transparent and creating opportunities for ideas to be exchanged at all levels of the organization. Be a leader and resource, good listener and collaborator to all departments and divisions to create a greater sense of the services and expertise that the Finance Division provides and to build stronger relationships across the University.

Lead the initiative to improve service and increase operational efficiency in financial processes by identifying and implementing new systems which create opportunities to maximize University resources.

Debt and Treasury Operations: Provide leadership of all items relating to debt financing, which includes: Work with the Assistant Treasurer, SVP and External Consultants to identify credit strategies that broadly enable the University's strategic goals, and that remain consistent with the Long Range Plan; oversee the management of the University's credit portfolio that includes bonds, lines of credit, and capital leases; ensure enhanced treasury operations through best practices in the areas of treasury risk, assessing the financial marketplace, business environment issues and asset and liability issues in working capital.

Oversight of all aspects of cash management including: Service of all debt financing including bonds, lines of credit, and capital leases; Establishment and maintenance of banking relationships; Preparation of cash flow projections; Processing and liquidation of stock and property gifts received by the University; Handling of all short term endowment cash investments.

Lead the efforts in accounting, and reporting systems through the preparation of timely and accurate financial reports and analyses; reviewing and developing key financial processes to ensure compliance and integrity; improving, creating, and implementing policies and procedures where necessary; providing support for tax advice and policy, and developing a strong organization within the unit. The individual will act as a change-agent to ensure the organization is one that supports the future financial needs of the University.

Endowment Management: In partnership with the Assistant Treasurer, support the Investment Committee of the board, including: work with the external investment consultant and investment managers to review practices and procedures to ensure best practices; Oversee the preparation of detailed reports and analyses of endowment and other invested funds for the Chief Financial Officer and the Investment Committee; Oversee handling of all non-endowment investments including deferred gifts.

Qualifications:

The successful candidate will be innovative and collaborative with excellent strategic, leadership, and team-building skills. The individual will have demonstrated success and relevant experience with accounting, tax, treasury operations, debt, asset management, procurement, payments, and auxiliary services at large, complex organizations. The VP will have the following experiences, capabilities, and attributes:

• Proven success across broad and decentralized environments of comparable size and complexity, and the energy and interest to work with all divisions of a research university;
  
• Creative ability to develop fiscal policies, procedures, and programs systems in a complex environment;
  
• Solid technical skills and knowledge in the areas of treasury operations, debt, asset management, financial reporting, taxes, and accounting;
  
• A strong and confident listener and communicator who brings integrity, a calm presence, builds consensus, and engenders trust;
  
• Demonstrated ability to lead strategically, with vision, energy, and passion;
  
• Distinct appreciation for the mission, traditions, and culture of the University;
  
• Demonstrated ability to establish credibility with all constituencies - board members, deans, faculty, staff, and students - based upon great integrity, critical thinking, outstanding operational performance, and excellent interpersonal skills and political savvy;
  
• Demonstrated judgment of risk management as it relates to the Treasury function;
  
• Success with and comfort in cultural change and re-engineering processes;
  
• A persistent and persuasive approach to challenges and people, an ability to work in environments with ambiguity and uncertainty;
  
• A manager who mentors and leads by example;
  
• An articulate and engaging spokesperson;
  
• A minimum of 10 years related experience. CPA certification and advanced degree is preferred.
  

Position Type

Leadership

Additional Information

Northeastern University is an equal opportunity employer, seeking to recruit and support a broadly diverse community of faculty and staff. Northeastern values and celebrates diversity in all its forms and strives to foster an inclusive culture built on respect that affirms inter-group relations and builds cohesion.

All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, religion, color, national origin, age, sex, sexual orientation, disability status, or any other characteristic protected by applicable law.

To learn more about Northeastern University's commitment and support of diversity and inclusion, please see www.northeastern.edu/diversity.


To apply, visit https://northeastern.wd1.myworkdayjobs.com/en-US/careers/job/Boston-MA-Main-Campus/Vice-President-of-Finance_R105834





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