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University of Michigan

Location: Ann ArborMI 48109 Document ID: A8382-3L3V Posted on: 2014-09-2309/23/2014 Job Type: Regular

Job Schedule:Full-time
Minimum Education: Not Specified2014-11-22
 

Executive Vice President & Chief Financial Officer

EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER

 

The University of Michigan seeks applications for the position of Executive Vice President and Chief

Financial Officer (EVPCFO), one of the President’s key partners and advisors. As a senior member of the

administration, s/he is an active participant in the institution’s leadership, and must consistently exercise

independent judgment in providing reliable financial, operational, and policy information and guidance to the President and the Board of Regents, the University’s governing body.

S/he will lead units with more than 3,100 staff with a budget of $800 million and will be responsible for

the financial affairs of the institution, including managing its endowment, accounting, and audit functions;

representing the University with credit rating agencies and external regulators; and conducting large M&A

transactions.

S/he will also be responsible for its complex business operations; HR; and IT.  The University of Michigan is one of the great public research universities. Fiscal year 2013 revenues totaled $6.3 billion, and its endowment is valued at more than $8 billion.

 

Nominees and applicants must have significant professional experience leading the financial, investment, operations, human resource, and/or IT functions of a large, complex organization with multiple senior stakeholders. Leaders outside academia, preferably with a combination of public and private sector experience will be considered. Proven experience leading teams of several hundred and an understanding of unionized environments is important.  The role requires the strategic mindset to shape a sustainable business model that will carry the institution forward for the next several decades. Successful candidates will have the intellectual skills to drive strategic planning, and the service orientation to pursue efforts to achieve savings while bringing constituencies together constructively. They will enjoy interacting with people, be thoughtful communicators, invest the energy needed to drive change, and have a highly collaborative, approachable, collegial, and assertive style.

Additional information can be found on http://myumi.ch/evp-cfo . Applications should be submitted electronically to UofMCFO@egonzehnder.com

The University of Michigan is an equal opportunity, affirmative action employer