Daemen College is conducting a national search for a Vice President for Business Affairs and Treasurer. The College is looking for a proven executive to partner with Daemen College’s President, and the other vice presidents who comprise the senior leadership team, to provide visionary financial and administrative leadership in support of the core activities of the College. The Vice President for Business Affairs and Treasurer (VPBA), the successful candidate will be responsible for the planning, integration, and control of all of the College’s financial resources, with special emphasis on the development of appropriate strategies to carry out key components of the Daemen College strategic plan.
Serving as the chief financial officer responsible for the financial integrity of the College, the VPBA will also provide stewardship over facilities operations, human resources, and related services.
More specifically, the VPBA provides leadership and oversight for all aspects of the College’s financial administration, including financial and related planning; operating and capital budgeting; revenue and expenditure analysis, forecasting and projection; financial and management reporting; payroll and procurement; investments and risk management; as well as accounting compliance obligations and the annual audit of College funds.
The Vice President will be expected to collaborate closely with the divisions of Academic Affairs, Enrollment Management, and Student Affairs; develop a close working partnership with the Board of Trustees through its business affairs subcommittee; and maintain appropriate financial strategies to ensure the delivery of the College’s strategic vision.
Duties and Responsibilities
The Vice President for Business Affairs and Treasurer will
- Serve as a member of the President’s Cabinet
- Provide recommendations on College-wide strategic initiatives and assure that Business Affairs provides full support for all approved initiatives
- Lead the College budgetary forecasting modeling by building in assumptions about demographics, tuition trends, and changes in College and governmental policy
- Plan and develop the College’s basic system of accounting and financial control
- Safeguard all monies and securities of the College, and manage the endowment and all other investments of the College, as directed by the Board of Trustees
- Supervise the collection of the income and revenues of the College, and make payment from its funds to meet the College’s various financial obligations
- Monitor the College’s insurance program
- Submit financial reports to the President and the Board of Trustees as requested
- Arrange for an annual audit of the accounts and books of the College by a Certified Public Accounting firm
- At the beginning of the Spring semester, request from all officers and departments of the College their budget requests for the subsequent fiscal year and the data upon which they are based
- Compile and coordinate the data necessary for making the budget and prepare a preliminary budget for submittal to the President for presentation to the Board of Trustees at the May or June meeting
- Revise projections of income and expenses after the Fall semester enrollment is stabilized, and prepare the definitive budget for submittal to the President for presentation to the Board of Trustees at the September or October meeting
- Maintain and supervise a system of central purchasing
- Periodically obtain competitive proposals for all major contractual services at the College
- Coordinate all construction, renovation, and restoration projects on campus
- Supervise the operations of auxiliary enterprises, personnel, and the maintenance of buildings and grounds
- An advanced degree in business administration, finance, accounting, or related field from an accredited college or university (designation as a certified public accountant, certified management accountant, or equivalent credential is a plus but not required)
- Ten years of directly related experience in progressively responsible business/financial-level management, with five years at a senior level position
- Comprehensive knowledge of the operation and administration of an institution of higher education or highly complex business organization
- Knowledge of current literature, financial challenges, and trends within higher education
- Knowledge of capital planning and construction principles and methods
- Demonstrated ability to collaborate with other divisions within an institution of higher education or similar organization
- Demonstrated strategic and master planning ability
- Possession of strong written and oral communication skills
- Demonstration of interest in and eagerness to advance the purposes of higher education and ability to lead and manage the College’s financial operations in an environment of rapid change and institutional growth
- An established record of openness and transparency in decision-making and working with faculty, staff, students, and Board of Trustees members in a context of collaboration
- A capacity to foster and maintain an environment that encourages integrity, productivity, entrepreneurship, and the integration of business affairs with other campus areas
- Demonstrated proficiency in using financial systems and related technology
- Ability to effectively communicate the mission, opportunities, and challenges to internal and external constituencies, including but not limited to the Town of Amherst
The position is a full-time, 12-month position. The Candidate must be available for weekend and evening functions, meetings, and related College activities as needed.
The Vice President for Business Affairs and Treasurer Search Committee shall accept applications electronically, through the Search Committee website. The Search Committee will review applications until the position is filled. Initial review of applications will begin immediately. Applications received by February 1st will receive expedited attention. Please, direct questions regarding this recruitment to Dr. Greg Nayor, Vice President for Student Affairs (firstname.lastname@example.org) and/or Kelly Duran, Chief Information Officer (email@example.com), Co-Chairs of the VPBA search committee.
Complete applications included (a) a well-crafted cover letter to accompany the formal application, addressing the candidate’s qualifications, experiences, and vision for this position; (b) a comprehensive vita; and (c) current contact information for at least three (3) professional references (none of whom will be contacted at this time).