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University of Minnesota - 15th Ave Executive Vice President for Finance and Operations in Minneapolis, Minnesota

Apply for Job Job ID361747 LocationTwin Cities Job FamilyAcademic Full/Part TimeFull-Time Regular/TemporaryRegular Job Code9327FN Employee ClassAcad Prof and Admin Add to Favorite Jobs Email this Job About the Job The University of Minnesota seeks a collaborative, innovative, and strategic leader to serve as the Executive Vice President for Finance and Operations (the Executive Vice President or EVP). This EVP is responsible for leading the financial and administrative operations at the University's flagship campus in Minneapolis/St. Paul and oversight of the University of Minnesota campuses in Duluth, Crookston, Morris, and Rochester, and the University of Minnesota Medical Center. Reporting to the President, the Executive Vice President serves as the University's chief financial officer, chief operations officer, and treasurer. The Executive Vice President is responsible for the University's $4.5 billion operating budget, oversees a staff of over 2,700 FTE, effectively manages its fiscal and physical environment, and ensures overall fiscal and operational excellence. The Executive Vice President plays a critical role in providing strategic vision and tactical leadership for the University, advising the President and the senior leadership team on accomplishing strategies and initiatives, and ensuring that its financial and operational resources effectively support the university's mission and institutional priorities. As a key member of the President's cabinet and leadership team, the EVP is also a trusted and reliable partner to the Board of Regents, all four campus Chancellors, and other senior leaders on all issues related to the University's finances and operations. The Executive Vice President also works closely with the Executive Vice President and Provost to ensure that the University's finance, information technology, and university services align with and support its strategic educational and research objectives and fully serve the needs of students, faculty, staff, and the communities served by the University. Candidates will have demonstrated success in leading a large and complex organization. The EVP must be a visionary leader and strategist with strong financial and business acumen, with the ability to motivate teams, drive results, and apply best practices to ensure continuous improvement of services in alignment with the University's strategic plans. They must feel comfortable engaging with external constituent groups such as the state legislature and community organizations. The EVP supports the University by providing leadership on both legacy (long-term and consistent over time) and progressive (changing rapidly due to market conditions) services and programs. The EVP must have experience running a diverse business operation in which extensive coordination and alignment, sometimes with competing interests, regularly occurs. THE ROLE OF EXECUTIVE VICE PRESIDENT FOR FINANCE AND OPERATIONS The Executive Vice President for Finance and Operations serves as the University's Chief Financial Officer, Chief Operations Officer, and Treasurer, providing system-wide leadership with oversight of the offices of University Budget, Investments and Banking, University Finance, Information Technology, and University Services. The EVP will build relationships across the university and various shared governance structures, continuing the strong service orientation within which these business units have operated. With a vision for systems change and a strong understanding of the technology tools available to facilitate institutional effectiveness, they will have the energy and enthusiasm to ensure a stable financial and operational framework for future planning. Principal functions and direct reports of the Executive Vice President include oversight and management of the following areas and roles: Budget Office: The Budget Office provides system-wide leadership for biennial budgeting in alignment with the State of Minnesota, o erseeing the development of the state request, creating the annual all-funds operating budget of the University of Minnesota (currently $5 billion) through management of a robust participatory budget development process, monitoring institutional and unit-level financial activities and management, and engaging in financial planning, forecasting, analysis, and oversight. Investments & Banking: This 11-person team is responsible for stewarding the University's financial assets, aiming to produce high-risk-adjusted investment returns while delivering first-inclass investment operations and enterprise-wide treasury management services. Assets under management total $4.5 billion and include the endowment, operating pool, captive insurance company, and bond proceed reinvestment accounts, as well as a venture program managed on behalf of the state of Minnesota and a direct equity program supporting companies spinning out of the University's technology commercialization office. Finance: University Finance provides systemwide leadership and accountability in areas such as debt management, tax management, insurance, accounting, purchasing and payables, accounts receivable, financial reporting, travel and expenses, internal and external sales, and oversight and support of financial systems. U Finance is also responsible for short- and long-term financial planning, forecasting, analysis, management, and financial oversight of the University of Minnesota system in partnership with the University Budget Office. The Office of Institutional Data and Research is also within University Finance. Information Technology: The Office of Information Technology (OIT) is the University's central IT unit and provides enterprise-level technologies and services that are broadly consumed, core to central administrative business operations, and offer substantial economies of scale. In addition to OIT, distributed IT departments, which are embedded within the University's administrative and academic units, offer discipline-specific, niche, and complementary IT services to the 21 central services provided by OIT. University Services: University Services creates and sustains exceptional spaces, places, and services that inspire people to learn, discover, live, and work at the University of Minnesota. The team delivers the non-academic operations across the University of Minnesota system, including Auxiliary Services; Capital Project Management; Facilities Management; Planning, Space, and Real Estate; and Sustainability. The portfolio includes over 28,000 acres of land, 33 million gross square feet of space, and 900 buildings cared for by a team of 3,700 (including 2,000 student workers). Health System: The governance structure of a future University of Minnesota Medical Center (UMMC) is yet to be determined, but the University, and thus its EVP, will need to assess and implement a structure with an appropriate degree of financial and operational oversight by the University. The University will want to ensure Minnesotans have access to a first-rate academic health system, bringing them the benefits of integrated research, teaching, and top-level... For full info follow application link. The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds. 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. To learn more about diversity at the U: http://diversity.umn.edu.

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