Human Resources

Finance


Vice President of Finance / Treasurer

Reed College is seeking a qualified professional to lead the institution’s Business and Finance organizations.

Reed College was founded in 1908 in Portland, Oregon, as an independent, coeducational, nonsectarian college of the liberal arts and sciences. Reed provides one of the nation’s most intellectually rigorous undergraduate experiences, with a highly structured academic program balancing broad distribution requirements and in-depth study in a chosen academic discipline.  With 1400 students on 116 beautiful acres, the school has produced 31 Rhodes Scholars and is 4th in the nation among colleges and universities in the percentage of graduates obtaining a PhD.


POSITION SUMMARY

Reporting to the President of the college, the Vice President of Finance/Treasurer provides overall leadership to the financial and general administrative functions of the college.  Along with the three other college Vice Presidents, the Vice President of Finance/Treasurer serves as the top advisory staff to the college President for overall administration and operations.  

The Vice President of Finance is responsible for the following:  Budgeting/Controlling, Investments, Human Resources, Facilities, Legal, Environmental Health and Safety, Bookstore, and Risk Management.

 

PRINCIPAL DUTIES

Investment/Assets

Provides strategic leadership on college investments (the endowment) setting objectives and goals with the Investment Committee and reporting/monitoring the progress.  Oversees and manages bequests that have been received by the college.  Works closely with the Development Office in this area.

Financial Operations

Provides financial planning leadership and direction by developing short and long-range plans, goals, and objectives for college-wide financial programs; gathers, interprets and prepares data for studies, reports and recommendations.

Manages college-wide financial operations to achieve goals developed by the Board of Trustees; as directed by the Board of Trustees, facilitates the allocation of financial resources.

Budgeting

Develops the annual operating and capital projects budgets; reviews and modifies departmental budget requests; prepares the annual budget for approval by the Board of Trustees.  Regularly reviews and analyzes actual expenses versus budgeted for variances and provides solutions for these variances. 

Risk Management

Directs the risk management programs for the college; coordinates with carriers for coverage and administrative services; monitors and evaluates programs for potential liability; recommends modifications and improvements in methods and procedures in order to reduce liability.  Serves as an active member on multiple consortia.

Legal

Manages outside legal relationships on behalf of the college. 

Human Resources

Oversees the human resources management program for the college; chairs the Benefits Committee; monitors and makes recommendation for changes in the health and welfare insurance benefit programs provided by the college.

Facilities

Oversees the facilities master planning process and capital construction projects working with outside consultants, neighborhood associations, the City of Portland, and various campus constituencies.  Oversees and manages all real estate holdings for the college.

Leadership

Evaluates the effectiveness of reporting departments and staff; assists in the preparation of short and long-term goals and the annual work plans for subordinates; motivates and evaluates the work of assigned staff.

Participates in various professional committees and organizations to exchange information, provide guidance and input, and to remain up-to-date on current developments.

Staffs the following Board of Trustees committees: Budget Policy Committee, Audit Committee, Investment Committee, Buildings and Grounds Committee, and Executive Committee.

 

KNOWLEDGE, SKILLS AND ABILITIES

  • Extensive knowledge of principles and practices of financial management including investments and the development of an operating budget.
  • Strong ability to work across the organization and gain an understanding of how the accounting/finance function can provide high quality service among its stakeholders.
  • Bring a strategic and business planning discipline to the organization that both helps define and measure the college’s progress and success on initiatives.
  • Thorough knowledge of federal, state, and local policies, procedures, and regulations applicable to areas of assignment.
  • Ability to develop and implement short and long-range plans to meet department and college needs.
  • Ability to analyze and evaluate operations and to develop and implement corrective action to resolve problems.
  • Ability to establish and maintain effective working relationships with the Board of Trustees, faculty, subordinates, other college staff, and the general public.
  • Communicates effectively with a broad audience that possesses varying backgrounds of financial concepts, and is transparent in his or her approach.
  • Strong ability to develop the accounting/finance team, as well as provide leadership to other functions which may be outside of area of technical expertise.
  • Adopts a change management philosophy where building consensus through discussion/debate is a key driver for success.
  • Ability to communicate effectively, both verbally and in writing.
  • Values a collaborative organization and open to discussion of new ideas.  Embraces the culture of the college, its success and Honor Principle.

 

QUALIFICATIONS

  • Bachelor’s Degree in Accounting, Finance, Economics or another related business field.
  • Master's degree in Business Administration preferred.
  • 10+ years of progressively responsible financial administration and leadership experience.
  • Demonstrated success in leading an accounting/finance organization involving budgeting, reporting, analysis, investments, and risk management.
  • Experience in higher education or demonstrated commitment to higher education.
  • Experience in organizations that possess material investable assets (pensions, endowments, etc.)
  • Experience in organizations where decisions are made based on collaboration


180one is assisting Reed College in this search. If you are interested in learning more about this opportunity, please contact Greg Togni at greg@180one.com or 503.699.0183.

Reed College values cultural diversity and intellectual pluralism as critical components of academic excellence.  We welcome applications from women, members of historically underrepresented minority groups, persons with disabilities, and others who would bring additional dimensions of experience to our community.

Deadline: Open Until Filled