• Address: Chicago, IL 60606 (map)
• Date Posted: 10/14/09
• Job Type: Full-time

Institution Confidential
Position Title Vice President for Business and Finance
Job Location Chicago, IL
Description Tatum uses a unique blend of executive services, executive consulting and executive search to provide human capital solutions that meet our clients' needs with velocity.


Currently Tatum has the privilege of conducting an executive search for a Vice President for Business and Finance on behalf of our valued client, an independent Catholic University in the Chicago metro area.


In order to be considered for this very important position, your resume must be submitted to suzy.stoll@tatumllc.com with "VPBUSFIN" in the subject line of your e-mail.


Position Title: Vice President for Business and Finance


Department: Business and Finance

Reports To: President

FLSA Status: Exempt


RESPONSIBILITIES:

The Vice President for Business and Finance will act in a financial leadership role at the University. The scope of the responsibilities will include:


* Lead the preparation of timely, accurate financial statements


* Provide analysis of financial trends and challenges to the President


* Establish and strengthen internal controls and procedures


* Financial planning, including forecasting, annual operating plan and strategic planning


* Participate actively and assist the President in the successful operation and growth of the University, including as a member of the University's Cabinet which is comprised of executive management


* Be familiar with Federal student financial aid programs including administration and accounting


* Provide operational reporting and key performance metrics


* Prepare finance-related documentation for Board meetings


* Coordinate and manage third party financial statement audits


* Implement upgrades or integrate accounting systems


* Identify and recommend cost savings opportunities and assist in their implementation where appropriate


* Handle treasury functions, including leading all aspects of the dealings with lender(s)


* Proactive management of Working Capital and Cash


* Ensure adequacy of insurance coverage and leading all aspects of the dealings with insurance broker


* Assist in reporting/compliance with Human Resources and Tax legislation


* Provide for effective management of the University's resources including ensuring that appropriate policies and procedures are followed for budgeting, cost control, audit, borrowing and investments


* Ensure compliance with reporting for federally-funded programs


* Develop and update policies and procedures governing financial relations with students and the operation of auxiliary enterprises (i.e., residence halls, foodservice, bookstore)


* Provide supervision/direction for approximately 50 people in accounting and non-accounting areas such as business operations, finance/accounting, payroll and employee services, public safety, transportation, IT and media services, auxiliary enterprises, financial services/aid, University support services and the Service Center


QUALIFICATIONS:

The successful candidate will be a seasoned finance executive.


This individual must be able to quickly develop an understanding of the University's Catholic mission and core values, operational characteristics, business drivers and culture. Critical to this is an understanding of the moving parts of the organization and their interplay with respect to generation of cash flow. The individual should also be an independent, quick and creative business thinker who possesses a high degree of integrity.


Strong candidates should have an undergraduate accounting/finance degree, a CPA and 10-15 years of leadership experience in accounting. Breadth of experience as a financial executive is as important as depth in one or two particular areas. The individual will have served as a strong leader and business enabler to an executive team.


Compensation is comparable to market value. Some relocation expenses may be reimbursed in accordance with University policy.


PERSONAL CHARACTERISTICS:


* Strategic, creative, dependable and analytical


* Strong written and oral communication skills


* Able to communicate effectively throughout the University with internal and external parties


* Results and detail-oriented


* Decisive with inspiring leadership characteristics


* A self-starter who is able to juggle many high-priority items at the same time


* Skilled at developing and leading a professional staff


* Demonstrated ability to work independently


* Able to help the President do his/her job better by providing information, suggestions and metrics that are useable, timely and understandable


* Understand and appreciate the importance of service to internal constituents, particularly students


* Understand and appreciate the role, mission and objectives of a University


* Benefits from constructive coaching


* Level-headed


* Possesses a high level of energy


EDUCATION:


A Bachelor's degree in Accounting or Finance is required. A CPA is required. A Master's degree is preferred but not required.