Xavier University — Vice President for Financial Administration/Chief Business Officer

Xavier University, a Jesuit Catholic university, seeks a collaborative, strategic, transparent communicator as its next Vice President for Financial Administration (VPFA) and Chief Business Officer (CBO).

Xavier University
Xavier is a Jesuit Catholic university rooted in the liberal arts tradition. Our mission is to educate each student intellectually, morally, and spiritually. We create learning opportunities through rigorous academic and professional programs integrated with co-curricular engagement. In an inclusive environment of open and free inquiry, we prepare students for a world that is increasingly diverse, complex and interdependent. Driven by our commitment to educating the whole person, promoting the common good, and serving others, the Xavier community challenges and supports all our members as we cultivate lives of reflection, compassion and informed action.

For more information, please visit https://www.xavier.edu/

The Position
The VPFA/CBO provides direct oversight and guidance for strategic and long-term financial planning, accounting, tax, payroll, treasury, accounts payable and financial reporting functions, and works with the Controller to foster responsible use of the University’s financial resources by systematically improving the overall control environment, internal controls, and operational efficiencies. The VPFA/CBO provides direct oversight and guidance for all Bursar operations including: student billing and collections, management of payment plans, cashier functions, and regulatory requirements. The VPFA/CBO is responsible for the establishment of systems, policies, and procedures as needed for compliance with financial regulations and standards such as the Internal Revenue Code provisions, GAAP, UPMIFA, Uniform Principal and Income Act, 403(b) Plan Sponsor requirements, and more. The VPFA/CBO oversees the accurate and timely reporting of historical financial information in compliance with Generally Accepted Accounting Principles so as to inform decisions internally for Xavier and externally by analysts and creditors and is responsible for the completion of independent audits. The VPFA/CBO leads and manages the administrative functions of Physical Plant and Auxiliary Services. The VPFA/CBO provides oversight and guidance for centralized purchasing processes and systems, oversees the development and implementation of contract authorization policies/procedures and financial signatory policies for disbursements, and reviews financial and strategic aspects of University transactions, including real estate transactions, contracts, and leases.

The Opportunity
The next VPFA/CBO of Xavier will have the opportunity to foster the finances and physical assets of an institution on an upward trajectory, and collaborate in the development of implementation of agreed strategic initiatives. Xavier is currently in a strong financial condition and is in the enviable position of experiencing record numbers of applications, increased enrollments, and a decreased discount rate. The VPFA/CBO can expect to focus on the following:

  • Partner with the Provost and UPRC on the development, communication, and implementation of the annual budget and the development of multi-year operating and capital budget plans designed to align resources to University priorities.
  • Provide leadership to the University’s financial future by applying economic strategy and forecasting and an awareness of Xavier’s business model, identity, and brand to identify and lead execution of strategies and change that strengthen the University. The VPFA/CBO will deliver a new managerial accounting system as one part of a multidimensional approach to understanding the health of academic programs.
  • Oversee Physical Plant and Facilities and provide oversight and support for the development of the Health United Building (HUB). Support will include working closely with TriHealth (an Ohio non-profit regional health care system) in establishing proper accounting treatment through the Xavier University Student Health and Wellness Center Corporation – an Ohio non-profit corporation with TriHealth and Xavier as sole members which will own the HUB.
  • Acting as a creative and reliable partner to the Provost, VP for Enrollment Management and Student Success, and the Vice President for Institutional Diversity and Inclusion in developing strategies to meet enrollment and retention objectives. Also partnering with the VP for University Relations, the Assistant Vice President of Auxiliary Services, and the Administrative VP in maintaining, growing, and developing additional revenue sources.

Qualifications and Experience
The VPFA/CBO will be a proven financial leader with a minimum of ten years of senior level experience leading financial and administrative functions in complex organizations. The successful candidate will be a savvy and insightful partner, and will be committed to the values and goals of a Jesuit education. Superb communication and collaboration skills are paramount. A Bachelor’s degree is required, an MBA or related Master’s degree preferred, as is the CPA or CMA designation.

Koya Leadership Partners is assisting Xavier University with this hire. This search is being led by: Liz Neumann, Managing Director, Tom Phillips, Principal, and Charlotte Harris, Consultant.

Nominations and applications, including a detailed letter of interest, qualifications, and a current curriculum vitae, should be submitted here. Review of applications will begin immediately and continue until the positon is filled.

Xavier University is an equal opportunity employer.