Associate Vice President - Finance

Job description

Hyde Park Campus

80635 Office of the EVP and Chief Financial Officer

About the Unit
The Office of Vice President and Chief Financial Officer helps lead the University's integrated strategic financial planning and oversees the University's financial operations, human resource function and information technology operations, ensuring through analysis, discipline, and organization to best support and serve the academic mission and priorities of the University. The VP and CFO also has oversight of all administrative operations within the division of Finance and Administration, which is comprised of over 500 staff in several departments, including Financial Planning and Analysis, Information Technology, Human Resources, Risk Management, Internal Audit, Financial Services, and the Shared Services Organization. The Division of Finance and Administration is fully aligned with the strategic and academic priorities of the University, and each of the units within the division is tasked with implementing the administrative processes necessary to achieve lasting excellence.

Job Information

Job Summary:

A centralized role that provides leadership and direction through senior managers. Responsible for financial planning and analysis, key university financial management including accounting and procurement, project management and communication of key initiatives and cost containment and resource allocation initiatives. This role will work directly with the CFO and Provost's Office in:

  • Developing financial planning and analysis, (including long-term forecasting, business-case analysis, quantitative modeling support for revenues, and return on investment analysis for capital investments).
  • Providing integrated analysis and strategic advice regarding short-term priorities and longer-term planning.
  • Managing the University Treasury, University Procurement and University Accounting Functions.

  • Financial Planning and Analysis: Overseas the effective and efficient delivery of financial planning and analysis services under the direction and guidance of the CFO/Provost, including but not limited to developing long term financial forecasts for the University, develop business case analysis for impactful projects, conducting quantitative modeling to measure/predict financial/revenue performance, and capital investment analysis.
  • In accordance with University Policy, Federal and State regulations and generally accepted accounting principles, manage the team that is responsible for accounting and reporting activities; identify and manage external vendors, oversee preparation of internal and external financial reporting and cash forecasting.
  • Direct Procurement team, ensuring compliance, financial stewardship and process adjudication with all contracting.
  • Project Management and Communication of Key Initiatives: Overseas the preparation of presentations to convey financial and administrative matters to members of the University community. Serves as a key project management executive on initiatives across Finance and Administration, to include process improvements associated with enterprise technology implementation and other initiatives.
  • Cost Containment and Resource Allocation: Serve as strategic advisor on potential cost containment initiatives at enterprise level to support University's financial plan.Assist in facilitating stakeholder engagement and resource allocation for strategic planning and process improvement initiatives. Collaborate with Medical Center finance and procurement on cost containment and service improvement efforts.
  • Budget Planning and Management: Establishes financial plans, policies and protocols to advance the F&A mission; sets high-level direction for the development and coordination of the F&A annual budget; works with the CFO to determine guidelines for budgetary priorities; represents the Division for its budget at the University level and works closely with Central University Budget Office and the Provost's Office
  • Performs other job related responsibilities as assigned.

  • Demonstrated knowledge and experience with accounting for not-for-profit organizations.
  • Understanding of the municipal bond market and management of the University treasury function
  • Substantial experience in developing and maintaining sophisticated statistical and financial models.
  • Project management experience working on high-level planning and on major initiatives.

Additional Requirements

Education and Experience or Certifications:

  • Bachelor's degree required.
  • Either an MBA and/or CPE designation preferred.

  • A minimum of ten years of progressively responsible administrative / managerial / financial expertise
  • Experience overseeing complex budgets, financial engagements, and banking relationships.
  • Experience in either Corporate Finance, Investment Banking or Management Consulting.
  • Experience working in higher education at an advanced level or serving higher education Institutions or comparable organizations as a consultant, financial advisor, or investment banker preferred.
  • Experience directing the work of others in a higher education institution, government, or non-profit or in investment banking, consulting or financial advisory work for such organizations preferred.

Required Documents:

All required documents must be submitted to be considered for this position
  • Resume
  • Cover Letter

NOTE: When applying, all required documents MUST be uploaded under the Resume/CV section of the application.

Benefit Eligibility

Pay Frequency

Pay Range
Depends on Qualifications

Scheduled Weekly Hours


Job is Exempt?

Drug Test Required?

Does this position require incumbent to operate a vehicle on the job?

Health Screen Required?

Posting Date

Remove from Posting On or Before

Posting Statement:

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.

The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at: Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.

Full time

About Us
The University of Chicago is an urban research university that has driven new ways of thinking since 1890. Our commitment to free and open inquiry draws inspired scholars to our global campuses, where ideas are born that challenge and change the world.

We empower individuals to challenge conventional thinking in pursuit of original ideas. Students in the College develop critical, analytic, and writing skills in our rigorous, interdisciplinary core curriculum. Through graduate programs, students test their ideas with UChicago scholars, and become the next generation of leaders in academia, industry, nonprofits, and government.

To learn more about the university click here





Diversity Profile: University



View more

Learn more on Inside Higher Ed's College Page for University

Arrow pointing right
Job No:
Posted: 11/10/2018
Application Due: 11/17/2018
Work Type: