Executive Vice President and/or Chief Financial Officer
Company: Suns News
Location: Worcester
Posted on: November 18, 2024
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Job Description:
Search for EXECUTIVE VICE PRESIDENT and/or CHIEF FINANCIAL
OFFICER
CLARK UNIVERSITY
WORCESTER, MA
THE SEARCH
Clark University seeks a collaborative, innovative, and proven
leader to serve as Executive Vice President (EVP) and/or Chief
Financial Officer (CFO). Reporting to the president and serving as
a key partner to him, the provost, senior colleagues, and trustees,
the EVP will provide strategic financial counsel, ensure consistent
excellence in execution of the University's financial affairs, and
play a lead role in administrative management to help shape the
vision and direction for this highly respected, small, private,
liberal arts-based research university.
Founded in 1887, Clark was one of the first all-graduate
institutions in the United States. Today the University is a
student-centered institution educating approximately 2,200
undergraduate and 1,600 graduate students to be imaginative and
contributing citizens of the world and to advance the frontiers of
knowledge and understanding through rigorous scholarship and
creative effort.
With an operating budget of $162 million and a $500 million
endowment, Clark's current financial position is strong. At the
same time, the University experienced lower than anticipated
enrollments for fall 2024 and has for a few years run modest
operating deficits. The University will launch its next
comprehensive campaign with a current goal of $250 million in early
2026.
Strategic alignment and strong management of Clark's human,
financial, and physical resources to support academic priorities
and initiatives to enhance the student experience will be the
overarching charge for the new EVP. This will require oversight and
support of integrated long-range financial, operational, capital
and facilities planning, and ensuring the University's capacity to
recruit and retain high caliber faculty and staff.
The EVP will lead careful stewardship and management of all of
Clark's assets, overseeing budgeting and financial planning;
business services; all controller and treasury functions; human
resources; information technology; enterprise risk assessment and
management; compliance, including Title IX; campus safety/police,
and legal services; and will work closely with related committees
of the board, including the investment committee in overseeing an
outsourced investment management firm.
The EVP will be a gifted senior leader and manager with
broad-gauged financial and administrative skills and extensive
experience in several functional areas in the portfolio. The ideal
candidate will bring at least ten years of progressively
responsible experience and a track record of success leading in
comparably complex higher education settings, ideally including a
research element. Strong oral and written communication skills are
essential. An MBA or other relevant advanced degree is strongly
preferred.
Clark University has retained Isaacson, Miller, a national
executive search firm, to assist in conducting this important
search and to help identify outstanding candidates. All inquiries,
applications, and nominations for this opportunity should be
directed to the search firm as indicated below.
Contact:
Clark University embraces equal opportunity and affirmative action
as core values: the University believes that cultivating an
environment that embraces and promotes diversity is fundamental to
the success of our students, its employees, and its community. This
commitment applies to every aspect of education, services, and
employment policies and practices at Clark.
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Keywords: Suns News, Somerville , Executive Vice President and/or Chief Financial Officer, Executive , Worcester, Massachusetts
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