Chief Business Officer

CHIEF BUSINESS OFFICER         

                                                                                                       

BARGAINING UNIT: Non-Bargaining Unit    
FLSA: EXEMPT
UNCLASSIFIED EXECUTIVE

 

BASIC FUNCTION

Provide executive leadership for the division of Business and Operations for Vermont State University (VTSU). The division provides the highest quality service and support to the university, its mission, strategic goals, faculty, staff, students, external stakeholders, and community. Key areas of functional responsibility include finance, budgeting, compliance, facilities, camps and conferences, bookstores, dining services, mailrooms, and sponsored programs oversight. Reporting to VTSU’s President, the incumbent works closely with, and also takes direction from, Vermont State Colleges’ Chief Financial and Operating Officer (CFOO).

ESSENTIAL DUTIES & RESPONSIBILITIES

·       Serve as the university’s chief business officer and a member of the President’s cabinet.

·       Advise the President on university business issues and the fiscal impact of policy options.

·       Recognizing the university is part of a larger system, work with the System CFOO to allocate resources for the good of the system and institution.

·       Provide financial analysis, long-range financial projections, and long-term planning to assist the administration in making sound fiscal decisions.

·       Manage day-to-day operations and provide leadership for finance, budgeting, compliance, and facilities.

·       Oversee and direct campus operations including facilities and grounds, camps and conferences, bookstore and dining services, mailroom, and campus facilities safety.

·       Manage the university’s budget in compliance with System policies and procedures and accordance with stated timelines.

·       Advance the university’s mission through sponsored programs, grants, contracts, and other sources of external funding

·       Provide institutional compliance and oversight regarding regulatory affairs.

·       Serve as a member of the Business Affairs Council providing regular and frequent recommendations for policy and procedure improvement.

·       Serve on and lead institutional committees as requested.

·       Other related duties as assigned.

SUPERVISION RECEIVED

This position reports jointly to the President of Vermont State University and the System Chief Financial and Operating Officer (CFOO). As a key member of the President’s executive leadership team, the Chief Business Officer receives direction from the President for all local and operational matters as well as institutionally strategic issues. The Chief Business Officer receives direction from the System CFOO for the purposes of fiduciary, financial, compliance, budgetary, and regulatory, and operational matters.

SUPERVISION EXERCISED 

Supervises, directly or indirectly, the institutional leaders responsible for finance, compliance, campus operations, sponsored programs, institutional research, and third-party organizations.

MINIMUM QUALIFICATIONS

·       Bachelor’s degree in finance, accounting, business, or a related field.

·       Five (5) or more years of related work experience in operational/financial management in higher education administration or a related field.

·       Five (5) or more years of complex budget management.

Record of accomplishment providing leadership in a complex multi-division or agency organization such as higher education, state government, or large business.

 

PREFERRED QUALIFICATIONS

·       Master’s degree in finance, accounting, business, or a related field

·       Demonstrated success in leading, planning, implementing, and adapting to change.  

·       Extensive work experience in higher education administration serving in financial and operational roles with progressively increasing responsibility.

·       Fluent in understanding and effective use of inf