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Bentley University · 19 hours ago

Vice President, Division of Administration & Finance and Chief Financial Officer

Waltham, MA

Full-time

Onsite

Director/Executive

$325K/yr - $470K/yr

15+ years exp

Bentley University is seeking a Vice President, Division of Administration & Finance and Chief Financial Officer (CFO) who will act as a key business partner with the President and other Cabinet members. The CFO will provide strategic leadership for the University’s financial operations, ensuring alignment of financial resources with institutional goals while fostering financial transparency and collaboration.

Universities

Comp. & Benefits

Responsibilities

Ensure that the financial, capital and operational resources are safeguarded, developed, and managed wisely, deployed with integrity, and aligned with the University’s goals and external expectations

Direct responsibility for proactive and strategic financial management of the institution’s financial reporting/statements, internal financial controls, long range financial risk models, including accountability for the annual operating and capital budgets, fiscal policies and procedures, and the efficiency and effectiveness of financial systems

Provide leadership, advice and counsel on campus facilities planning and operations, and financial planning strategies to the President’s Cabinet

Primary contact and management of the Audit Committee, Administration and Finance Committee, and Investment Committee of the Board of Trustees. With the Committee Chair, drive the agenda for each committee

Provide timely and accurate Financial Planning & Analysis for the President, Vice Presidents, Associate Vice Presidents, and Board of Trustees

Oversee Bentley’s investment portfolios, cash management function, and fund managers for assets not managed by the OCIO (outsourced Chief Investment Officer)

Design, manage, communicate, and execute all aspects of the University’s debt strategy consistent with strategic and capital needs and goals

Partner closely with the VP for University Advancement to project and monitor gifts for annual and capital purposes

Drive an effective risk management and internal audit function, ensuring the organization is deriving value from these efforts

Responsible for the University’s casualty and liability insurance coverage, ensuring that the program is up to date and provides adequate coverage

Ensure the institution’s physical plant is maintained and serving the tactical and strategic needs of the community

Manage the campus and conference services effectively, serving our students, faculty, and staff, while also generating an important source of revenue diversification

Design a procurement function that supports the divisions as they select vendor partners and optimize service and cost

Represent the University to diverse external parties including rating agencies, banks, insurance representatives, external auditors, and others

Establish strong working relationships with the President, Board of Trustees, Provost, Vice Presidents, Deans and key members of faculty and administration, with a strong commitment to collaboration, transparency, and mutual respect

Assist the President and Provost in providing regular updates to the campus community about the University’s financial resources and performance

Qualification

Financial Planning & AnalysisStrategic Financial ManagementBudgetingResource AllocationTreasury ManagementDebt ManagementOperational ManagementEthical Decision MakingStaff DevelopmentReal Estate ExpertiseCollaborationCommunication Skills

Required

Degree in a relevant field plus at least 15 years of related experience

Strong financial and operational experience

An MBA and/or CPA is a plus

Solid treasury experience and comprehensive knowledge of capital financing including debt issuance, bond ratings, and other complex financing strategies

Proven ability to partner effectively as a fully collaborative member of a high-performance team and to interact constructively with a variety of individuals

Track record of ethical decision making and integrity in dealing with individuals and organizations

A broad perspective, with the desire and ability to partner cooperatively and collaboratively across all divisions and to build coalitions with various constituencies

Superior financial planning and analytical skills, and an in-depth knowledge of budgeting, modeling, debt management, compliance, construction finance, and strategic financial analysis

Demonstrated experience identifying and utilizing best practices and performance benchmarks for the finance function and activities within it

A seasoned and skillful manager with a record of recruiting, developing, and mentoring diverse and talented staff

A person who places a high priority on the professional development of staff through delegation of responsibility and expert tutelage

A strong commitment to and understanding of the use of technology to improve service and efficiency and reduce costs

Deep understanding of the financial and operational challenges facing organizations today, whether in higher education or other complex industries

Candidates must demonstrate an innovative and entrepreneurial approach to addressing the current and future business challenges

Must possess the acumen to handle complex situations and multiple responsibilities simultaneously mixing long term projects with the urgency of immediate demands on the operations

Possess the agility and inclination to advance complex projects and solve problems collaboratively and creatively

Coupled with the willingness to act resourcefully, authoritatively, and resolutely

Strong communication capabilities, including listening, writing, speaking, influencing, and presenting to a variety of audiences

Demonstrated skills in respectfully negotiating difficult, and at times, contentious conversation about resource allocations and suggesting alternative approaches as necessary