University of St. Thomas · 1 month ago
Vice President for Business Affairs and Chief Financial Officer
The University of St. Thomas is one of the nation’s leading Catholic universities, seeking a Vice President for Business Affairs and Chief Financial Officer (CFO). The CFO will play a pivotal role in shaping the financial and operational future of the university, overseeing a broad portfolio including finance, facilities, and campus operations, while managing an operating budget of $297 million.
AlumniEducationHigher EducationUniversities
Responsibilities
Leads development and oversight of annual and multi-year budgets, capital planning, and financial forecasting
Directs institution-wide financial and operational analysis, including enrollment modeling, cash flow, risk analysis, auxiliary enterprise revenue, and scenario planning
Provides executive oversight of Facilities Management, including capital projects, maintenance, sustainability, and space planning
Advises the president and cabinet; represents business affairs to the Board of Trustees; and ensures alignment of business strategy with institutional priorities
Provides executive oversight for accounting, receivables, payables, purchasing, insurance, and financial systems
Oversees dining services, Conferences and Events, Campus Stores, and Parking and Public Safety, ensuring high-quality services, financial sustainability, and customer satisfaction
Ensures operational excellence, compliance, and fiscal sustainability
Develops and guides the strategic financial plan; directs and oversees the annual operating and capital budget processes and financial reporting systems
Analyzes economic and industry trends, providing proactive guidance to executive leadership
Holds fiduciary responsibility for safeguarding and optimizing University assets
Plays a leading role in financial and operational planning at the cabinet level, influencing priorities and resource allocation
Ensures compliance with regulatory requirements, funding agencies, and accrediting bodies through continuous monitoring of operations, programs, and physical properties
Serves as primary liaison with banks, lenders, rating agencies, auditors, and other external stakeholders
Provides staff support to the Board of Trustees Audit/Finance, Physical Facilities, and Investment committees
Champions a culture of service, innovation, efficiency, and inclusion across all administrative units
Collaborates with academic and operational leaders to align business strategies with the University’s educational mission
Qualification
Required
Bachelor's degree
Strategic financial leadership experience
Higher education and institutional finance expertise
Capital and treasury management
Team leadership and organizational development
Stakeholder engagement and communication
Forecasting and technological experience
External Relations
Mission alignment
Preferred
A master's degree in business, finance, or a related field
Certified Public Accountant licensure
Benefits
Tuition Remission for employees, spouses, and dependents
Generous Retirement Contributions to support your future
Comprehensive Health Coverage, including medical, dental, and vision
Fully Paid Insurance: disability, life, and AD&D
Paid Parental Leave to support growing families
Company
University of St. Thomas
Located in the Twin Cities of Minnesota (USA), the University of St.
H1B Sponsorship
University of St. Thomas has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (17)
2024 (12)
2023 (13)
2022 (16)
2021 (7)
2020 (6)
Funding
Current Stage
Late StageTotal Funding
$5.03MKey Investors
Minnesota Department of Public SafetyOtto Bremer Trust
2025-10-23Grant· $5M
2022-08-11Grant· $0.03M
Recent News
Star Tribune
2025-10-25
2025-10-25
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