Associate Vice President for Financial Affairs
ASSOCIATE VICE PRESIDENT OF FINANCIAL AFFAIRS
Trinity in Washington, a comprehensive university in the nation’s capital, seeks an Associate Vice President of Financial Affairs. Trinity seeks a strategic leader with a keen understanding of the challenges and opportunities facing private higher education today, particularly for a small institution serving a highly diverse population of low-income students. Trinity enrolls about 2,000 students in three academic units, including about 1,000 full-time undergraduates in its historic women’s college (the College of Arts and Sciences.) Trinity serves a distinctive population of students of color, many from low income backgrounds, and predominantly women from the District of Columbia and the Washington region. Trinity is the only university in D.C. that is designated as both a Predominantly Black and Hispanic Serving Institution by the U.S. Department of Education.
Trinity’s operating budget is approximately $35 million with total assets of approximately $125 million. Trinity has $25 million in debt incurred for facilities development during the last decade.
Under the direction of the Vice President, the Associate Vice President works under broad, administrative direction to provide strategic leadership and direction in the planning, implementing, improving, and evaluating of the Finance, Budget and Auxiliary Services division of the College; and promotes operational improvements. The Associate Vice President must have proficiency in the technical skills of accounting, financial management, operational and capital budgeting, and investment management. Additionally, the successful candidate will have a strong track record of planning and personnel management, able to hold staff accountable for effective results not only in finance but also in the management and administration of related services and projects, e.g., auxiliary services, facilities development, technology enhancements. Trinity seeks an Associate Vice President who is a broad strategic thinker able to demonstrate success in many ways, including:
Accounting, Budgeting, & Reporting
- Supervise the Controller and work with the Associate Controller in the management of the different Business Office functions including general accounting, fixed assets, cash receipts, student receivables, student loan funds, accounts payable, deferred gifts, Grants, and the annual external audits.
- Assist the CFO with the development of the annual operating and capital budgets.
- Monitor and prepare the semi-annual bond covenant reports for our financial institution partner.
- Assist with the development of regular and strategic financial reports for the President, CFO, and Board of Trustees.
- Assist the CFO with the external audit process and work with external auditors to coordinate applicable processes including serving as liaison between the Board Audit Committee and the external auditors.
- With the CFO, President and legal counsel, ensure compliance with the range of federal and state laws and regulations governing finance and operations of the university, and compliance as well with private regulatory expectations from accreditors, grant makers and others who support Trinity’s work.
Strategic Management & Projects
- Assist the CFO with analyzing debt capacity, banking operations, Endowment, and Investment oversight.
- Assist the CFO with the financial analysis of debt financing, banking, investments and other financial proposals and reports.
- Assist the CFO with the review and enhancement of a financial plan that supports Trinity’s strategic plan.
- Collaborate with the CFO, Controller, and Associate Controller for financial system upgrades and implementation of new policies and procedures pertaining to the overall finances.
- At the direction of the president and CFO, assume the oversight and management of specific projects in auxiliary enterprises and facilities development, e.g., supervising a contractor on a building project, working with the Conference Office and Trinity Center on strategies to improve business, and similar projects.
- Perform other duties as assigned.
Traits and Characteristics
- Self-confidence and a work ethic focused on results.
- Complex problem-solving skills while at the same time be able to “get in the weeds” when necessary to achieve results.
- Ability to think strategically with a business mindset and serve as an “early warning signal” to preserve the long-term health and viability of the institution.
- Ability to set high expectations and inspire and influence others to exceed those expectations.
- Ability to gain the confidence and trust of the CFO, President, Board of Trustees, and other key stakeholders of the institution quickly and consistently.
- Ability to do critical evaluations of requests for funds, proposals, and financial reports and the confidence to analyze and challenge spending habits and requests.
- Respect and embrace Trinity’s mission as a Catholic institution living social justice principles in service to populations of need including a large majority of low income women of color.
Candidates must have an MBA and financial management experience in higher education. A CPA is strongly preferred. Trinity will consider candidates from outside of traditional higher education who have at 7-10 years of progressively responsible financial leadership and can transition quickly. Compensation is competitive.
Interested candidates who meet the outlined criteria should submit an application through the link below.
Trinity is dedicated to the achievement of excellence and diversity among its students, faculty, and staff. Trinity is committed to fostering a diverse and inclusive community and strongly encourages all qualified individuals to apply.