Vice President for Finance

Pemberton Associates Limited; Maine; Presencial; USD 150.000 - 230.000; Jornada completa

Descripción de la vacante

Husson University in Bangor, Maine, seeks a strategic Vice President for Finance to partner with the President, lead the finance team, and translate financial data into actionable strategy. The role reports to the President and serves on the Senior Cabinet, acting as Treasurer and fiduciary advisor.

The VP will shape long-range financial planning, oversee budgeting, financial reporting, audits, and cash management; drive cost optimization, risk management, and compliance; guide endowment and

Formación

• Master’s degree preferred; Bachelor’s in Finance or Business Administration required.
• Minimum of seven years of senior-level financial and administrative experience.
• Experience with budgets and financial reporting (external and internal).
• Proven strategic leadership experience.
• Experience with grant funding preferred; higher education experience preferred.

Responsabilidades

• Advises the President on university business and financial matters.
• Provides long-range financial projections for developing and implementing strategic financial plans.
• Responsible for timely and accurate financial statements and dashboards.
• Partners with university leadership to identify strategic fiscal opportunities.
• Translates complex financial data for senior leadership and trustees.
• Oversees debt issuance, endowment investments, cash management, and audits.

Conocimientos

Strategic leadership

Financial planning

Financial reporting

Stakeholder communication

ERP systems knowledge

Data analytics

Educación

Master’s degree preferred

Bachelor’s in Finance or Business Administration required

Herramientas

ERP systems

AI tools for finance

Descripción del empleo

Pemberton & Associates has been retained by Husson University in Bangor, Maine, to lead the search for its next Vice President for Finance. This is an opportunity for an experienced financial leader to work closely with the President and help shape the future of a university dedicated to preparing students for professional careers.

Reporting directly to the President and serving on the Senior Cabinet, the Vice President will lead a seasoned finance team and provide the strategic perspective to build on its strengths. Husson seeks a collaborative leader who can serve as a trusted advisor to the President, translate financial analysis into clear recommendations, and present confidently to an engaged Board of Trustees. This leader will connect financial planning with the University’s priorities, anticipate challenges, and help turn strategy into action.

SUMMARY

Reporting to the President, the Vice President for Finance assumes responsibilities for the leadership, strategic planning and management of the University’s financial and accounting affairs. The Vice President for Finance serves as Treasurer of Husson University and in that capacity serves as a corporate officer to the University and operates in a fiduciary and an advisory role for the Retirement Plan and other treasury matters.Additionally, the Vice President for Finance serves on the Senior Cabinet.

DUTIES AND RESPONSIBILITIES

include the following. Other duties may be assigned.

• Advises the President on university business and financial matters.
• Provides long-range financial projections for developing and implementing strategic financial plans.
• Responsible for providing timely and accurate financial statements and dashboards.
• Partners with university leadership to identify strategic fiscal opportunities.
• Responsible for translating complex financial data for senior cabinet, trustees and external stakeholders.
• Coordinates and develops short-term and long-term financial planning strategies in support of the University’s mission.
• Manages procurement functions, vendor negotiations, and contract review to improve processes, reduce costs, and strengthen cross departmental collaboration.
• Ensures development, implementation, and oversight of programs, policies, and internal controls for improved efficiency, effectiveness, and performance.
• Staffs the Finance, Auditing and Investment Committees of the Board of Trustees, responsible for preparing related documentation for Trustee meetings.
• Knowledge of ERP systems, financial tools like AI, and data analytics to enhance financial decision-making.
• Adheres to and fosters high standards of ethical conduct, compliance with all applicable laws and regulations, and appropriate financial oversight and controls.
• Oversight of Financial Statement, Uniform Guidance, Retirement Plan audits and payroll.
• Oversight of grant funding and disbursements.
• Coordinates new debt issuance and ensures compliance with related agreements.
• Oversight of cash management, debt issuance, compliance with covenants, endowment investments, and bank relations.
• Provides supervision and evaluation for direct reports in the finance department to promote an effective work culture.
• Oversight of retirement plan, governance ensuring regulatory compliance, and managing audits
• Supports risk assessment and compliance as needed.
• Demonstrates effective leadership competencies to ensure accountability at high standards and team development.
• Performs miscellaneous job-related duties as assigned.

QUALIFICATIONS

To perform this role successfully, an individual must be able to perform each responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

EDUCATION and/or EXPERIENCE

• Master’s degree preferred. Bachelor’s in Finance or Business Administration required.
• Minimum of seven (7) years of senior level experience as a financial and administrative executive required
• Experience managing budgets and financial reporting (external and internal).
• Proven strategic leadership experience.
• Experience with grant and federal funding preferred.
• Higher Education experience preferred.

PREFERRED CHARACTERISTICS:

• Understands and supports the vision, mission and strategic goals of the University.
• Able to communicate effectively throughout the University with internal and external individuals and/or groups.
• Knowledge of and ability to manage financial and administrative operations critical to a university setting.
• Ability to lead, develop and retain a professional staff that effectively manages the University’s administrative and financial resources.