Associate Vice President of Finance

University Of New England   •  

Portland, ME

Industry: Education.


8 - 10 years

Posted 361 days ago


The Office of the Vice President of Finance and Administration is seeking an Associate Vice President of Finance. Reporting to the Vice President of Finance and Administration/CFO, this position serves on the Finance & Administration leadership team, and is responsible for oversight of finance, accounting and reporting activities. The Associate Vice President will lead all day-to-day finance operations and manage a team of finance and accounting professionals with functional responsibility for accounting, budgeting, disbursements (including payroll and accounts payables), accounts receivables, institutional data, and financialreporting.

This role serves as a key advisor to the CFO on fiscal and operational issues, with a focus on long-range financial planning, major finance programs, financial controls, financialtechnology systems, and processes. The successful candidate will have a proven track record for ensuring policies, procedures and financial systems are in place to support effective and transparent fiscal stewardship. Additionally, this role must build relationships with college/school/department leads and business managers, to provide sound guidance and direction on finance and accounting procedures and explore ways the finance function can support their operations.


  • Lead the establishment, implementation and enforcement of appropriate internal controls and financial policies and procedures
  • Manage cash flow planning and ensure availability of funds
  • Oversee the university’s annual budget process
  • Coordinate audits and proper filing of tax returns
  • Participate in university-wide financial policy development
  • Serve as a university representative to financial partners, including financial institutions, investors, auditors and public officials
  • Design, establish, and maintain an organizational structure to effectively accomplish the university’s financial goals and objectives
  • Prepare and present senior leadership and board level analysis and presentations
  • Oversee effective accounting systems that enable proper balance sheetreporting and support safeguarding of university assets
  • Prepare short- and long-term financial plans
  • Manage preparation of monthly reporting package that includes financial statements, comprehensive performance indicators, analysis of key trends, actual versus budget variances and complete executive level explanations of differences
  • Ensure consistent integration with budget outcomes and direct support of overall strategic planning
  • Perform financial modeling, financial analysis and valuation support for university wide initiatives
  • Recruit, manage, develop, and evaluate a high performing team
  • Oversees bond compliance
  • Collaborates with crediting agencies
  • Supports and communicates the University’s Mission and Vision
  • Evaluates potential initiatives for their viability, financial impact, and risk on the University
  • Other duties as assigned


Required Qualifications

The ideal candidate will be a proven leader and financial executive with progressive experience related to fiscal affairs within a complex and vibrant organization and have a successful record of sound administrative and responsiblefinancial judgment within such organizations. Candidates must possess a Bachelor’s degree in Business, Finance, Accounting or related field and 8 – 10 years of progressively responsiblefinance administration leadership experience.

Preferred Qualifications

Master’s degree in Business or related field, and 8-10 years of finance and administration leadership experience in a higher education institution preferred.

Candidates must have a proven ability to provide innovative leadership in a dynamic environment and work collaboratively and collegially across divisions with multiple constituents to meet a variety of shifting priorities and time sensitive deadlines. Candidates should have a strong understanding and an appreciation for the complexity of a multi-faceted university.

Core Competencies

  • Demonstrated ability and willingness to share information, carry out initiatives, and serve as a mentor
  • Ability to lead, develop and motivate a diverse team
  • Strategic thinking and superior analytical and problem solving skills
  • Demonstrated experience exercising considerable judgment & resourcefulness
  • Highly developed communication and interpersonal skills with the ability to influence through personal credibility, integrity and professionalism
  • Excellent written and presentation skills
  • Report writing experience (ie: COGNOS)
  • Collaborative consensus builder; flexible and open to input
  • Ability to manage multiple, concurrent priorities
  • Capable of operating in a confidential environment