Assistant Vice President for Financial and Administrative Affairs and Assistant Treasurer

SIU Medicine; Springfield (IL); On-site; USD 180,000 - 240,000; Full time

Job summary

SIU Foundation seeks an accomplished AVP for Financial & Administrative Affairs and Assistant Treasurer to lead treasury operations for Southern Illinois University and its campuses. The role drives cash management, investments, debt, tax compliance, and external financial relations while advising the CFO and Board on strategy.

The ideal candidate will manage a treasury team, foster cross‑functional collaboration, and ensure sound fiduciary practices in a complex public higher education

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a closely related field.
• Demonstrated experience directing treasury operations in a complex institution.
• Strong leadership and staff development capabilities.
• Excellent written and verbal communication skills for senior leadership and Boards.

Responsibilities

• Directs treasury and cash management, liquidity strategy, and banking relationships.
• Oversees debt management and capital finance activities, including bond issuances and reporting.
• Supervises tax compliance and coordinates with external authorities.
• Leads policy development to ensure compliance with laws and Board policies.
• Represents the University in external financial relations and advisory roles.

Skills

Treasury management

Public finance

Leadership

Strategic planning

Communication skills

Education

Bachelor's degree in Finance/Accounting

Job description

Description

The Assistant Vice President (AVP) for Financial & Administrative Affairs and Assistant Treasurer provides strategic leadership and operational oversight across all treasury functions for Southern Illinois University and its campuses. Reporting directly to the Vice President for Financial & Administrative Affairs and Board Treasurer, the AVP is responsible for the integrity, efficiency, and long-term soundness of the University's treasury operations, including cash and liquidity management, investment of University funds, banking relationships, debt issuance, debt portfolio oversight, post-issuance compliance, capital finance activities and oversight of the Universities tax compliance program.

The AVP leads a team of treasury and tax professionals responsible for the day-to-day execution of these functions and serves as a key advisor to the CFO, senior leadership, and the Board of Trustees on matters of University financial strategy. This role requires a sophisticated understanding of public higher education finance, strong relationships with financial institutions and rating agencies, and the ability to communicate complex financial matters clearly to executive and governing board audiences.

This position offers a competitive salary, commensurate with University and SIU Foundation guidelines, and provides an opportunity for professional growth within a dynamic advancement and alumni engagement environment.

Salary is competitive and commensurate with qualifications and experience, while also considering internal equity.

Examples of Duties

Treasury & Cash Management

• Directs the investment of available University funds in accordance with Board policy, State and Federal law, and sound fiduciary principles; oversees cash flow forecasting and liquidity strategy across the System.


• Oversees daily cash management operations, including wire transfers, banking transaction activity, and short-term liquidity positioning.


• Maintains and develops the University's banking relationships; evaluates banking services, negotiates terms, and ensures the University receives optimal service and value.


• Monitors working capital and ensures adequate liquidity is maintained across all University funds and operating accounts.

Debt Management & Capital Finance

• Manages the University's debt portfolio, including revenue bonds, financing agreements, and other debt instruments; oversees compliance with bond covenants, arbitrage requirements, and all related reporting obligations.


• Coordinates the issuance of University revenue bonds and other financing vehicles, including engagement with underwriters, bond counsel, financial advisors, and rating agencies.


• Assists in the coordination and issuance of the annual University financial reports.


• Assist with the development of the University's capital funding plan, including resource allocation analysis and recommendations to senior leadership.

Tax Compliance

• Supervise the Director of Tax Compliance


• Work with the Director of Tax Compliance to set priorities for the tax compliance program

Compliance, Policy & External Relations

• Provides staff assistance to the Board of Trustees Finance and Architecture and Design Committees; prepares materials, analyses, and recommendations for Board consideration on treasury and financial matters.


• Develops, implements, and maintains treasury-related policies and procedures designed to ensure compliance with all applicable State and Federal laws and regulations, Board policies, and University guidelines.


• Assists in the preparation of periodic financial reports for presentation to the Board of Trustees and other governing bodies.


• Represents the University in external financial relationships, including with banks, rating agencies, and investment counterparties.


• Monitors trends and best practices in higher education treasury and finance; provides strategic recommendations to the VP on emerging opportunities and risks.

Leadership & Administration

• Leads, mentors, and develops a team of treasury professionals; establishes clear expectations, fosters a culture of accuracy and accountability, and ensures effective cross-coverage of all treasury functions.


• Provides broad staff support to the Vice President for Financial & Administrative Affairs and Board Treasurer in the conduct of University financial affairs.


• Identifies and implements process improvements, technology enhancements, and operational efficiencies within the treasury function.


• Exercise sound judgment, professionalism, and discretion in all interactions, maintain confidentiality while representing the SIU Foundation, Board Members, Leadership Team and Southern Illinois University with integrity and credibility.


• Participate in travel to support off-site events and Foundation engagement activities.

Qualifications

Required:

• Bachelor's degree in Finance, Accounting, Business Administration, Economics, or a closely related field.


• Minimum of eight (8) years of progressively responsible experience in treasury management, public finance, or a closely related financial discipline.


• Demonstrated experience managing debt portfolios, investment programs, or capital finance activities in a complex institutional environment.


• Proven leadership experience, including supervision and development of professional staff.


• Strong working knowledge of applicable State and Federal laws and regulations governing public sector or higher education finance.


• Excellent written and verbal communication skills, including experience presenting to senior leadership and governing boards.

Preferred: