The University of Minnesota Duluth invites applications and nominations for the position of Vice Chancellor for Finance and Operations.
The University of Minnesota Duluth (UMD) is the second largest of the five campuses of the University of Minnesota system and enrolls approximately 11,000 students and employs over 1,800 faculty and staff. UMD’s annual institutional budget is in excess of $288 million dollars, which includes $13.5 million in sponsored research funding. UMD offers a wide selection of undergraduate majors, and grants degrees through Ph.D. Through its Land and Sea Grant designations, it serves as a regional hub for research and for the economic development needs of the region. UMD maintains a unique balance of a close community in a unique and beautiful setting while offering experiences and resources to prioritize innovation.
UMD boasts a main campus of many new and cutting-edge buildings including its Library, Business School, Science Building, a Cesar Pelli-designed music hall, a state-of-the-art Civil Engineering facility, and a new Chemistry and Advanced Materials Science building, all incorporating beautiful lake vistas and pleasing public art. UMD has a strong commitment to sustainable practices and the campus is home to five LEED certified buildings, including one with the coveted Platinum certification. UMD also has a diverse array of interesting off-campus academic facilities including a historic lower campus, research farm, Jacobean Revival mansion and Great Lakes research vessel.
The Vice Chancellor for Finance and Operations (VCFO) is the chief financial and business officer for the University of Minnesota Duluth, overseeing an annual institutional budget that is in excess of $280 million. The Vice Chancellor reports directly to the Chancellor and serves as a senior member of the executive team, providing leadership and vision in the areas of financial and operational oversight and planning. Units that report to the Vice Chancellor for Finance and Operations include: Budget and Analysis, Controller, Facilities Management (including design and construction), Human Resources, UMD Police, and the recently added Office of Sustainability. Responsibilities of the VCFO include:
- Advise the Chancellor and work collaboratively with senior administrators on all matters relative to the fiscal standing, structure and financial processes of UMD;
- Develop financial plans and financial analysis models for the campus, which include innovative solutions, strategies and procedures to enhance efficiencies and ensure compliance with University policies and applicable state and federal laws;
- Oversee resource use at the University of Minnesota Duluth, including campus-wide resource allocation analysis, and develop strategic responses that will enable UMD to maintain a strong financial position;
- Oversee operating and capital budgets; financial planning and resource allocation; real estate and leases; accounting and business services; institutional master planning, facilities planning, construction and maintenance; human resources planning; sustainability planning; and campus safety and security including emergency operations and continuity planning;
- Monitor the long- and short-term financial position of UMD. Perform accurate and relevant analysis of campus financial data for use in campus fiscal decisions, and ensure fiscal alignment with the vision and goals of the Strategic Plan;
- Guide the development, submission, implementation and monitoring of UMD’s operating and capital budgets;
- Monitor and ensure that campus financial and operational resource use matches approved budgets and result in a balanced budget;
- Ensure that opportunities for partnerships – both internal and external – are explored, presented to important constituencies and given full consideration;
- Attend monthly University of Minnesota Board of Regents meetings and present as needed on UMD budget and capital requests;
- Participate in University of Minnesota system committees addressing budget models and approaches; and
- Provide information on the UMD’s budgetary and financial issues to a variety of internal and external constituencies.
- Provide leadership and oversight in all aspects of UMD’s financial resources in cooperation with UMD senior leadership, assuring unquestionable integrity and fiduciary compliance;
The search is being assisted by Academic Search, and potential applicants or those wishing to make a nomination may contact Senior Consultant Jessica Kozloff for a confidential discussion. The Senior consultant can be contacted at firstname.lastname@example.org. For more information about the responsibilities, qualifications, and expectations of the Vice Chancellor for Finance and Operations, please see the position specification located at: https://academicsearch.org/open-searches-public/.
Applicants should electronically send a curriculum vitae and a letter describing their interest in and qualifications for the position to UMDVCFO@academicsearch.org.
Those needing a reasonable accommodation for any part of the application and hiring process should contact the University of Minnesota Disability Resources at 218-726-6101.
Final candidates will be required to provide information regarding their affirmative action accomplishments. The hiring offer to the selected applicant will be contingent upon the successful completion of a background check.
The position will remain open until filled. For best consideration, completed application materials should be received by April 10, 2020.
The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression.