- Position Title: Associate Vice Chancellor of Finance
- Name of Institution: Texas Christian University
- Campus Location: Fort Worth, TX
- Contact: Maggie Glenn
- Email: firstname.lastname@example.org
- Phone: (404) 222-4065
- Job Close Date: January 31, 2018
A newly created position, reporting directly to the Vice Chancellor Finance & Administration (“Vice Chancellor”), the Associate Vice Chancellor for Finance (“AVCF”) will work across the enterprise to optimize the University’s decision-making capabilities and inspire the highest standards of financial performance. The position is a highly complex one, and it will provide the right person with the opportunity to have significant impact on both operations policy and financial strategy. The AVCF provides leadership for and has managerial oversight over finance, budget, and treasury.
The AVCF provides leadership in the innovation of and improvement to policies and mechanisms for financial analysis, forecasting, and management reporting; participates in the preparation of the University annual operating budget in collaboration with the Chancellor, Provost, Vice Chancellor, and representatives across campus. The AVCF will participate on a regular basis in meetings with the Board of Trustees.
Other responsibilities will include:
- The AVCF is a key member of the senior leadership team responsible for enabling and ensuring the execution of the strategic plan via successful stewardship of its financial framework.
- The AVCF is regularly called upon to provide executive-level leadership to a variety of institutional strategic projects, working in close concert with other university deans and business officers to provide oversight and guidance to facilitate the successful execution of projects across the University.
- Maintaining an efficient and effective finance function that supports and adds value to the academic enterprise.
- Serving as a key member of the senior leadership team, helping to drive priority decision making and developing financial and risk-management solutions to support a range of strategic and programmatic initiatives.
- Inspiring trust and confidence across the University’s stakeholder groups, providing high-quality services and being seen as a resource to the University’s leadership team, faculty, staff, students, and trustees.
- Ensuring the operation of robust and integrated financial management activities that allow for investment in strategic priorities with full knowledge and coordination among senior University leaders.
- Implementing and enforcing institutional policies and procedures that support efficient and effective business practices in an effort to improve overall fiscal stewardship.
- Ensuring success of financial programs by creating and directing the organization’s overall financial policies, serving as financial advisor to the Vice Chancellor and Chancellor.
- Establishing strategic goals by directing the gathering of pertinent business, financial, service and operations information; developing budgets and forecasts to guide management decisions; identifying and evaluating trends and options; choosing a course of action; defining objectives; evaluating outcomes.
- Organizing and planning financial functions including, budget, treasury, investment processes and endowment accounting; designing and coordinating a wide variety of accounting and statistical data and reports.
- Provide leadership for the implementation and utilization of Hyperion Financials, Asset Works, and Insyprus Software applications.
- Develop a sustainable capital finance plan in support of the University’s existing emerging strategic capital construction priorities totaling in excess of one billion dollars.
- Continue to refine the University’s budget and planning practices and multi-year forecasting techniques.
- Strengthen cash flow analysis and treasury functions.
- To be a strategic partner with the Vice Chancellor to enhance the long-term financial health of the organization. Will have developed in collaboration with the Vice Chancellor a multi-facilitated approach and strategies to deal with upcoming financial challenges.
- Develop a robust developmental plan for direct reports focused on enhancing and utilizing existing leadership skills. Provide guidance and mentorship to direct reports to enhance their ability to serve the University.
- Work with campus leadership to develop a holistic budget strategy that incorporates a comprehensive view of finances and provides incentives and rewards for actions that further the goals of the University.
The University seeks a committed and experienced professional with proven leadership skills, a deep understanding of the academic mission of the University and demonstrated success and relevant experience with finance and budgeting at large complex organizations. The successful candidate will bring a sense of innovation and strategic planning to the challenging initiatives that will be facing the University.
The successful candidate will have the following experiences, capabilities, and attributes:
- Ten years of progressively responsible management experience in budgeting and/or accounting, capital budgeting and capital finance and treasury management including five years of successful supervisory experience of professional staff members.
- Proven track-record of success in serving as a strategic advisor and thought partner to executive and senior leadership, including to a Vice Chancellor and a Board of Trustees.
- Ability to build strong relationships across the enterprise, demonstrating a consultative demeanor to build rapport and establish credibility and communicating effectively.
- Superb analytical skills, bringing the ability to examine challenges creatively and propose innovative and effective solutions.
- Knowledge about challenges and trends facing higher education, and current understanding of best practices.
- Creative ability to develop fiscal policies, procedures and programs in a complex environment.
- Extensive managerial and administrative experience in financial management, analysis and internal controls and forecasting and experience with complex computer-based financial reporting and modeling systems.
- Ability to plan and organize multiple projects or tasks, work under pressure, and meet deadlines.
- Ability to articulate and implement a comprehensive philosophy of sound fiscal management and administration.
- Ability to effectively lead and manage a work group, staff members, and committees.
- Optimistic, self-motivated, results-oriented person.
- Demonstrated commitment to equal opportunity and diversity.
- A strong work ethic and unquestioned personal and professional integrity, including the ability to maintain strict confidentiality.