Chief Financial Officer, Vice President for Finance and Treasurer

Suns News; Hoboken (NJ); On-site; USD 200,000 - 300,000; Full time

Job summary

Stevens Institute of Technology is searching for a Chief Financial Officer (CFO), reporting directly to the president. This key executive will lead the university's financial operations, drive strategic initiatives, and ensure the institution's financial health amidst evolving educational landscapes.

Qualifications

• Strong track record in leadership and mentoring teams.
• Experience in managing complex financial operations.
• A proven ability to find solutions and problem-solve.

Responsibilities

• Oversee financial strategy and lead financial operations.
• Collaborate effectively with university constituents.
• Manage an annual budget of approximately $400 million.

Skills

Financial Leadership

Strategic Decision-Making

Stakeholder Management

Integrity

Judgment

Education

Advanced Degree in Finance or Accounting

Job description

Chief Financial Officer, Vice President for Finance and Treasurer

Stevens Institute of Technology

Hoboken, New Jersey

THE SEARCH

Stevens Institute of Technology (Stevens), a premier, private research university and one of the oldest technological universities in the United States, seeks a dynamic, visionary and values-driven Chief Financial Officer and Vice President for Finance and Treasurer (CFO) to lead the institution’s financial operations with integrity, innovation and strategic foresight. The CFO will report directly to the President and be a key member of the executive leadership team. The CFO will oversee the university’s financial strategy, systems and stewardship. Inheriting a strong team and joining the institution following years of growth across enrollment, programs and finance, the incoming CFO will enter Stevens at a time of great opportunity and impact. The CFO will be critical in supporting Stevens’ continued ambitions while envisioning and enacting strategies that enable the university to successfully adapt to and navigate the rapidly changing higher education landscape.

With over a decade of financial stability, Stevens is poised to make significant advancements in the coming years. From a foundation of strong and consistent growth in enrollment, research awards and philanthropy to a planned School of Computing to be housed in a state-of-the-art education and research facility for artificial intelligence and computing-related disciplines, Stevens’ future is bright. Since its establishment in 1870, technological innovation has been at the core of Stevens’ educational and research endeavors. The university is made up of three schools: the Charles V. Schaefer, Jr. School of Engineering and Science, the School of Business and the School of Humanities, Arts and Social Sciences. Together, these schools encompass over 8,400 undergraduate and graduate students and more than 500 faculty members in an interdisciplinary, student-focused and entrepreneurial setting. This environment drives advancements in science and applies technology to address global challenges. In April 2024, Stevens launched the College of Professional Education to expand online graduate offerings and reinforce Stevens' commitment to lifelong learning.

Through a collaborative approach, clear and accessible communication and strategic leadership, the CFO will partner with constituents across the university to support Stevens’ mission. The CFO will oversee an annual operating budget of approximately $400 million at an institution with a strong financial position. In addition to a collaborative and high functioning executive cabinet of leaders, the CFO will work closely with the president and an engaged Board of Trustees to provide short- and long-term financial decision-making for the university. The CFO will also collaborate closely with the provost, academic deans, faculty and student leaders. Stevens is poised to make exciting campus expansions, continue to grow the undergraduate and graduate student populations and make its mark on the state of New Jersey and the nation and across the world. Fiscally savvy and at the forefront of higher education finance, Stevens is well-positioned for any challenges and changes higher education will face in the coming years.

Ideal CFO candidates will demonstrate a successful track record of leading and mentoring highly capable teams, partnering across campus, finding solutions and problem solving, building sustainable systems and processes using contemporary technology and having a keen understanding of stakeholder management. Additionally, strong candidates will possess outstanding integrity and judgement, understand when to preserve continuity and when to disrupt and excel at strategic decision-making.

This is a an on-campus role, reporting to the president.

Stevens has retained Isaacson, Miller, a national executive search firm, to assist in conducting this important search and to help identify outstanding candidates. All inquiries, applications and nominations for this opportunity should be directed to the search firm as indicated below.

Dan Rodas, Partner

Amble Ryan, Managing Associate

Kristen Andersen, Senior Associate

Nicole Sancilio, Senior Search Coordinator

Isaacson, Miller

https://www.imsearch.com/open-searches/stevens-institute-technology/chief-financial-officer-vp-finance-treasurer

Stevens Institute of Technology is an Equal Opportunity Employer. Accordingly, Stevens adheres to an employment policy that prohibits discriminatory practices or harassment against candidates or employees based on legally impermissible factor(s) including, but not necessarily limited to, race, color, religion, creed, sex, national origin, nationality, citizenship status, age, ancestry, marital or domestic partnership or civil union status, familial status, affectional or sexual orientation, gender identity or expression, atypical cellular or blood trait, genetic information, pregnancy or pregnancy-related medical conditions, disability, or any protected military or veteran status.

Stevens is building a diverse faculty, staff, and student body and strongly encourages applications from people of all backgrounds. Stevens is a federal contractor under the Vietnam Era Veterans' Readjustment Assistance Act (VEVRAA) and the Rehabilitation Act of 1973, as well as other federal statutes.