Associate Vice President for Finance

Location
Michigan, United States
Posted
06 Dec 2018
End of advertisement period
15 Jan 2019
Ref
165499
Contract Type
Permanent
Hours
Full Time

How to Apply

A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.

Job Summary

The University of Michigan, which is internationally renowned for its innovative academics, research and patient care and has an operating budget of more than $9 billion, seeks an outstanding individual for the position of Associate Vice President for Finance (AVPF).  Reporting to the Executive Vice President and Chief Financial Officer for the university’s Business & Finance portfolio, the AVPF is a key member of the Business & Finance senior leadership team.  The AVPF leads a functionally complex and diverse organization that manages the University of Michigan’s central financial operations, which include accounting, payroll, tax, sponsored programs, internal controls, tax management, risk management, procurement and treasury, and works in close partnership with the university’s Shared Services Center. The AVPF also serves as the university’s primary liaison with its external auditors, internal auditors, executive management and the Finance and Audit committee of the Board of Regents.    

The 11-person team reporting directly to the AVPF includes the following positions: Controller and Director of Financial Operations, Director of Financial Analysis, Director of Sponsored Programs, Director of Procurement Services, Treasurer, Tax Director, Director of Risk Management, Director of Finance Communications, Internal Controls Compliance Officer, HR Officer for Finance and Executive Secretary.  There are approximately 350 employees in the AVPF organization, which has an operating budget of approximately $70 million.

As a critical member of the EVPCFO Business & Finance leadership team, the AVPF is responsible for stewarding the organization’s commitment to building a positive work environment for staff; providing exceptional service to university customers; and demonstrating a personal commitment to positive and inclusive leadership practices.  As a leader of a number of areas and employees, the university seeks an individual that can both manage a large team and develop future leaders in the organization.

The AVPF position is highly complex, and offers the right person the opportunity to have significant impact on operations policy, financial strategy and organizational culture at the University of Michigan. 

Responsibilities*

In addition to high-level financial expertise, successful candidates for the AVPF role will also possess strong leadership skills, including the ability to:

  • Lead a large organization in meeting expectations for exemplary customer service; focus efforts on fulfilling customer expectations by seeking insight into customer needs.
  • Convert vision and strategy into action and align operations with institutional objectives.
  • Develop and communicate a compelling shared purpose for staff; articulate the values and ethics of the organization and finance profession and demonstrate related behaviors.
  • Foster a positive environment that promotes employee engagement and recognizes staff contributions.
  • Demonstrate and encourage a healthy balance of work and personal life.
  • Champion the goals of diversity, equity and inclusion.
  • Promote the recruitment and selection of high caliber people of diverse cultures, backgrounds, and experiences from both inside and outside of the university.
  • Create challenging roles, responsibilities and development assignments that leverage and grow the talents of others; engage in succession planning to identify future leaders of Finance.
  • Build trusting and collaborative relationships with staff, colleagues and customers.
  • Manage conflicts that are critical to achieving the mission of the organization; demonstrate personal courage and conviction in pursuing priorities.
  • Work alongside colleagues, at all levels, respectfully and inclusively.

Required Qualifications*

  • A bachelor’s degree, preferably in accounting, finance, or business administration.
  • Fifteen or more years of progressive responsibilities, including managerial responsibilities, in accounting, other financial-related fields and administrative matters, preferably in large decentralized environments of comparable size and complexity.
  • Experience and comfort in interfacing and presenting complex concepts to high-level and diverse audiences including executive management, the president and board.
  • Demonstrated experience in developing and promoting sound fiscal policy, procedures and programs.
  • Deep understanding of concepts in areas such as internal control, budgeting, forecasting, financing, treasury, payroll and risk management.
  • Demonstrated experience in initiating and managing change in a large and complex organization.
  • Knowledge of and experience in dealing with challenges facing public higher education is preferred.
  • Experience working with many units with a diversity of needs and interests in a decentralized, complex organization.
  • Demonstrated ability to lead strategic and innovative initiatives.

Additional Information

  • The university offers an extensive total compensation package including a market-competitive base salary, incentive compensation for individual and group goal achievements, two-for-one retirement contribution after a year of service, a variety of generous health insurance options, and a vacation plan. 
  • Business & Finance at the University of Michigan seeks to recruit and retain a diverse workforce as a reflection of our commitment to serve the diverse people of Michigan and to sustain the excellence of the university.
  • To learn more about Business & Finance at the University Michigan, visit www.bf.umich.edu. For more information about the Finance Division, please go to www.finance.umich.edu.

Application Deadline

Job openings are posted for a minimum of seven calendar days.  This job may be removed from posting boards and filled anytime after the minimum posting period has ended.

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.