Position Assistant Vice President Finance Organization Howard University Location Washington, DC Reporting Relationship Chief Financial Officer Website www.howard.edu
Howard University Overview
Established in 1867, Howard University is a federally chartered, private, doctoral university, classified as a high research activity institution. With an enrollment of more than 10,000 students, its undergraduate, graduate, professional, and joint degree programs span more than 120 areas of study within 13 schools and colleges.
The University has an enduring commitment to the education and advancement of underrepresented populations in America and the global community. Howard University's unique mission represents an unwavering commitment to its core values of leadership, excellence, truth and service.
Howard is classified as a Tier 1 national university and ranks second among HBCUs by U.S. News & World Report. Howard is the only HBCU ranked in the top 75 on the 2015 Bloomberg Businessweek college rankings. The Princeton Review ranked the school of business first in opportunities for minority students and in the top five for most competitive students. The National Law Journal ranked the law school among the top 25 in the nation for placing graduates at the most successful law firms. Howard has produced four Rhodes Scholars between 1986 and 2017. Between 1998 and 2009, Howard University produced a Marshall Scholar, two Truman Scholars, twenty-two Fulbright Scholars and ten Pickering Fellows.
Assistant Vice President Finance
Under the general direction of the Vice President and Chief Financial Officer, the Assistant Vice President Finance will be responsible for undertaking initiatives, projects, analyses, policy reviews, and investigations. Including leadership of and participation in cross-functional staff teams, management of consultant and other University business partners in order to ensure the efficient operation of the University and its affiliates and subsidiaries demonstrating sound decision-making on complex business issues. Additionally, the desired candidate will be executing accountable, consistent, prudent and transparent administration of University financial policies, practices and procedures through the successful development and execution of strategies to achieve these objectives.
The Assistant Vice President will be expected to help the University to achieve and maintain financial stability, advance the University's mission and academic priorities, and enable the University to conduct itself as a prudent steward for the resources entrusted to it by students and their families, donors, grantors, and other resource-providers for the benefit of the University's student body, faculty, staff, alumni and general community.
The Assistant Vice President will provide University-wide leadership and direction to University staff and internal and external constituencies with respect to matters of financial administration and overall University policy and in general will serve as the representative of the Chief Financial Officer.
The Assistant Vice President will help to develop methods and strategies to improve processes and business practices within the Finance Department and throughout the University. The duties of this position will include taking actions and making decisions that may have a material financial impact on the University. The Assistant Vice President assist the Chief Financial Officer and the other University Executive Team members in formulating policies that ensure that the financial operations of the University are being carried out in accordance with all University policies, sound financial principles, and all relevant governmental laws, regulations, and procedures.
Internal contacts will include executives, administrators and employees from all divisions and departments within the University structure. External contacts will include University business partners and other University vendors and providers, external financial managers and advisors, developers and real estate managers, auditors and other external evaluators, and representatives from federal, state and local governments and regulatory agencies.
• Partner with the Chief Financial Officer and carry out initiatives, projects and other activities as assigned by the Chief Financial Officer in order to provide the University's President, Board of Trustees, and senior management with accurate and timely information, identification and implementation of solutions for current and potential problems, identification and advancement of current and potential opportunities, and development and implementation of recommendations regarding actions, policies, procedures, and practices that will advance the University's mission and its strategic objectives and support sound University financial administration and the most efficient utilization of the University's resources. • Assist the Chief Financial Officer and other University Executive Team members in formulating policies that ensure that the financial operations of the University are being carried out in accordance with all University policies, sound financial principles, and all relevant governmental laws, regulations and procedures. • Contribute to and support new initiatives within the University and participate in the development and implementation of cross-functional University-wide initiatives, often with senior leaders of the institution. • Partner with the Chief Financial Officer to identify and implement continued process improvements across the financial function. • Interface and liaison with the Board of Trustees when required, in partnership with or at the direction of the Chief Financial Officer • Perform other job-related duties as assigned.
• Have a thorough understanding of Generally Accepted Accounting Principles and relevant FASB pronouncements, particularly with respect to nonprofit institutions and higher education. • Have the interpersonal skills and leadership style required to promote positive change, motivate peers and subordinates, advance and encourage ethical conduct at all times, and help infuse a sense of urgency and accountability across the organization. • Have demonstrated ability to serve as a leader who is able to identify and nurture talent, build and lead teams, develop individuals' talents and abilities, promote process improvement and work effectively across a complex and multi-layered organization. • Possess significant experience and a record of effective accomplishment and leadership in financial management, reporting, and controls, as well other related administrative functions and activities. • Possess the ability to develop, refine, and maintain sound financial systems and utilize and improve management information systems. • Experience with the PeopleSoft ERP or with comparable large-enterprise ERP application suites, and demonstrated ability to integrate and improve ERP policies, procedures and processes to improve business effectiveness. • Demonstrate integrity and strong character, possess high energy, be willing and able to set and achieve high standards, know how to measure and monitor results, be able to take corrective action when necessary, and possess the ability to make difficult decisions when required. • Excellent communication skills (verbal and written) with internal constituencies at all levels of the organization, as well as with outside partners, colleagues and collaborators. • Experience at developing and leading presentations for senior management, key stakeholders, external partners, and the governing body. • Demonstrated creative leadership and the ability to serve as a change agent. • Motivated, self-directed, and able to work under pressure and simultaneously manage numerous deadlines. • Master's degree in business, finance or accounting and a minimum of eight years of direct progressively responsible experience as a financial executive.