About Vanderbilt University Vanderbilt University, located in Nashville, Tennessee, is a top-15 private research university offering a full-range of undergraduate, graduate and professional degrees. Created from an initial $1 million gift from Cornelius Vanderbilt, who envisioned a place that would “contribute to strengthening the ties that should exist between all sections of our common country,” Vanderbilt is situated on a 330-acre campus near the thriving city center, serving more than 12,000 students and employing almost 7,000 faculty and staff.
Vanderbilt offers undergraduate programs in the liberal arts and sciences, engineering, music, and education and human development, as well as a full range of graduate and professional degrees. The combination of cutting-edge research, strength in the liberal arts, and nationally-recognized schools of education, medicine, law, business, engineering, nursing, and divinity, creates an invigorating atmosphere where students tailor their educational experiences to meet their goals and researchers collaborate to solve complex questions affecting health, culture, and society.
Vanderbilt provides a gateway to greatness, drawing the best and brightest students from across the nation and around the world. Vanderbilt alumni can be found in Congress, on the judicial bench, among the list of Nobel laureates, heading corporations, conducting innovative medical research, writing for and appearing on the stage and screen, and playing in the NFL and major league baseball.
The university is accredited by the Commission on Colleges of the Southern Association of Colleges and Schools to award bachelors, masters, education specialists and doctoral degrees. Vanderbilt is a member of the Association of American Universities.
About School of Medicine – Basic Sciences The School of Medicine Basic Sciences is a research-intensive environment with a $161 million annual operating budget. The Vanderbilt Basic Sciences is a tightly integrated research and education division within the School of Medicine comprising four academic departments, eight interdisciplinary centers, twenty service core facilities, and the Office of Biomedical Research, Education, and Training. With a team of over 1,000 faculty, fellows, students, and staff, the team is making new discoveries every day - discoveries that enrich our understanding of biological processes and provide the foundation for new insights into the causes, prevention, diagnosis, and treatment of human diseases.
About the Position & Responsibilities The Chief Business Officer (CBO) is responsible for the School’s finance function including daily operations, managing the grants and contracts portfolio, developing financial forecasts, and preparing annual and long-range operating and capital budgets. In addition, the CBO oversees local human resources activities and ensures that School facilities are in optimal condition and that a collegial environment supports the teaching and research mission of the School. In order to carry out these wide-ranging activities, the CBO directly manages staff interfaces with a wide spectrum of partners across the institution, including regular interactions with senior-level faculty and administrators and with central services such as Vanderbilt University Information Technology and Human Resources.
The CBO reports to the Associate Vice Chancellor for Finance, who in turn reports to the University’s Vice Chancellor for Finance and CFO. The CBO provides overall leadership and support of financial and administrative operations to Vanderbilt University’s School of Medicine Basic Sciences and is co-located with the Dean of Basic Sciences. Responsibilities include:
Serves as the primary business advisor to the Dean and as the financial liaison for the School to Finance, providing counsel and overseeing implementation of all operational and administrative activities that support the School.
Develops the School’s financial strategy, including planning, forecasts, budgets, and cash management that focus on attaining and sustaining long-term financial equilibrium in collaboration with the Dean and senior leadership.
Designs, establishes and maintains an administrative organizational structure to effectively and efficiently accomplish the School’s and University’s goals and objectives while appropriately segregating duties and mitigating risk.
Works with senior administrative and academic leadership to determine appropriate staffing levels; develop and implement metrics to support staffing recommendations.
Seamlessly integrates innovative programs and projects that contribute to stakeholder satisfaction and budgetary goals including conducting accurate, on-going assessment and evaluation of the effectiveness of such programs.
Profile of an Ideal Candidate:
At least 10 years of administrative experience, including operational leadership responsibilities in a scientific/research setting or comparably complex environment is necessary.
A Bachelor of Business Administration degree from an accredited institution of higher education is necessary. MBA preferred.
Proven ability to relate well to, and work effectively with, all levels of research and academic professionals and support staff is necessary.
Strong evidence of significant business acumen, notably in planning and analysis, and process redesign, along with a proven track record of successfully overseeing innovative business plans, profit and loss statements, and other financial reporting is necessary.
Energy, agility, drive, and a demonstrated commitment to the academic mission of Vanderbilt University is necessary.
Experience with sponsored research is necessary.
Living and Working in Nashville Nashville is consistently ranked as one of the best places in America to live and work. It is the largest city in Tennessee, and a recognized center for music, healthcare, publishing, banking, and technology services. The climate is moderate, with four distinct seasons, none of which are extreme. There is no personal income tax on earnings in Tennessee, saving the average relocating family between 3% and 10% of income – or a savings of $3,000 to $10,000 for every $100,000 earned.
The 10-county Nashville region is home to more than 1.8 million people and 40,000 businesses, with the city attracting more diverse new business from across the country than any city its size over the past 20 years.
The region is adding about 10,000 – 20,000 new jobs every year, in all sectors. Recently, Forbes ranked Nashville as the third best positioned city “to grow and prosper in the coming decade.” Nashville has over 12,000 acres of beautiful parks and a thriving, walkable downtown with a free bus and a bike- sharing system providing access to over 200 downtown restaurants and 124 performance venues for live music and the performing and visual arts.
The “arts participation” rate is nearly five times the national average. And, with 111,379 students in 18 colleges and universities, Nashville is the third largest college town in America.
Community Highlights in and around the Metropolitan Area:
Vanderbilt named #85 on “America’s Best Large Employers”, the top employer in Tennessee and the Nashville metropolitan area for the 2nd year in a row in 2019 (Forbes), and as one of “America’s Best Employers for Women” in 2018 (Forbes)
Ranked #4 “Brain Magnet” for gains in people with college educations
Ranked #7 as “Best City for Finding Employment Right Now” (Forbes)
Ranked #17 as “Best Place for Business and Careers” (Forbes)
The Gulch, an urban mixed-use neighborhood in downtown Nashville, is the first “Leadership in Energy and Environmental Design” (LEED) certified platinum neighborhood in America
Nashville is home to two of the top 100 K-12 public schools in America. (U.S. News & World Report)
Successful and well-respected NFL and NHL franchises
World-class symphony has received 13 GRAMMY® nominations and six wins
Ranked #1 “live music scene in America” (Rolling Stone)