Rutgers, The State University of New Jersey, is seeking an accomplished individual to serve as its next University Controller and Associate Vice President for Finance (UC & AVP). Reporting to the Vice President for Finance and Budget and Associate Treasurer, the UC & AVP is a key member of the financial leadership team and will be responsible for providing university-wide leadership and broad strategic oversight of financial accounting and compliance to assist the university's academic leadership, administrative management and board members in the efficient and effective monitoring, management, and control of the financial resources of the university. The UC & AVP is a key member of Rutgers financial leadership team and will be responsible for providing university-wide leadership and broad strategic oversight of financial accounting and compliance to assist the university's academic leadership, administrative management and board members in the efficient and effective monitoring, management, and control of the financial resources of the university. The UC & AVP is a key participant in managing risk exposure for the university. The UC & AVP will work closely and collaboratively with executive leadership and budget and financial managers across the institution to provide strong management reporting and controls with excellent customer service throughout the university. The selected candidate will enhance systems and develop best practices to support the education, health care and research missions of the university, while ensuring high standards of compliance with local, state, and federal regulations. The UC & AVP will lead an office committed to improving processes and to providing outstanding service in an increasingly complex and demanding regulatory environment and will strengthen collaborations and relationships across the university to better serve the mission and to communicate financial policies and procedures. The UC & AVP will look outside the university to anticipate regulatory challenges and to understand how best to meet them and will be an essential advisor to the Vice President for Finance and Budget and Associate Treasurer and other senior leaders. This position requires a progressive, forward-thinking leader who can build strong working relationships within the department and across the university. The selected candidate will need both technical expertise and emotional intelligence to manage the continuing cultural and operational changes as systems and tools continue to be improved, introduced, and integrated. The UC & AVP leads a customer-focused organization of over 100 employees and will provide supervision and mentorship designed to develop the team to operate at the highest levels of performance, efficiency and integrity. Within the department there are opportunities to streamline processes through refinement of roles and procedures, the appropriate use and implementation of technology, and analysis of the organizational structure and workflow. The UC & AVP will be a credible and influential leader, mentor, and developer of strong cross-functional teams, and will be adept at working within and managing through large scale organizational change. The budget under supervision of the UC & AVP is over $10 million. The key objectives and responsibilities of the UC & AVP include:
Ensuring that the policies, procedures, systems, and internal controls are based on finance and industry best practices and support the strategic goals of a leading research university and academic medical center
Understanding the information needs of chancellors, unit chief financial officers, deans, business managers, and others responsible for managing departmental funds and providing these key customers with the financial information that allows them to make informed decisions and achieve their financial, strategic and operational goals
Presenting to university governing boards and senior university leadership and communicating information and processes effectively across a complex institution
Building and developing effective, high-functioning teams within the UC & AVP's organization
Anticipating and leading change with understanding, perspectives and tools to make change seamless and effortless
Maintaining accounting control over the university's financial accounts including operating funds, endowment funds, and plant funds as well as account reconciliations and bank reconciliations
Preparing the university's annual financial statements in a timely manner and meeting other external reporting requirements including Federal OMB Circular A 133 and NJ OMB Circular 15-08 relating to grants and contracts, IPEDS Survey, NACUBO Endowment Survey, National Science Foundation Survey and required State financial reporting by campus
Directing cost accounting functions in support of the university's Facilities & Administrative Rate calculations and negotiations and functions in support of the university's Responsibility Center Management budget model
Managing a customer-service-oriented university payroll operation, billing and collection system for student accounts and deposit system for all University cash
Preparing the university's tax returns and establishing policies and procedures to ensure compliance with state and federal tax laws
Maintaining accounting control over the university's moveable equipment inventory in conjunction with university departments
Maintaining appropriate governance over all university financial data
Minimum Education and Experience:
A bachelor's degree and a CPA certification are required.
A minimum of ten years of experience in a related role is required.
An MBA or a master's degree in accountancy is preferred.
Required Knowledge, Skills, and Abilities:
Rutgers is seeking a committed and experienced professional with proven leadership skills in a complex environment with progressively responsible experience in financial leadership roles. The successful candidate will have accounting and financial systems experience and creative ability to develop fiscal policies, procedures, and program systems within the larger context of a strategic financial and business planning environment. The successful candidate must be a strong communicator, effective project manager, collaborative team player, and possess the ability to establish strong personal relationships with internal and external stakeholders and to serve as an articulate spokesperson and representative of the university. The UC & AVP must be an experienced change manager with the ability to evaluate organizational structures and personnel and implement new roles and responsibilities as well as process efficiencies that better align outputs and customer service with the needs of the university. The selected candidate will be a consensus builder with vision, be comfortable facilitating change, demonstrate a proven ability to engage various constituencies in difficult and challenging decisions, and have an appreciation for the mission, traditions and culture of Rutgers University. The successful candidate will be well grounded in accounting rules and procedures, with a proven track record of working across the enterprise to solve problems and advance an institution's goals. Candidates with higher education, academic health care, or corporate experience will be considered. Specific qualifications include:
Intellectually inquisitive: Knowledgeable about, and open to, leading edge changes in business practices that could support the university in a more cost effective and efficient manner.
Strategic agility: Able to see ahead clearly, anticipating future consequences and trends accurately. Able to create competitive and breakthrough strategies and plans.
Change leader: Ensures that business changes are implemented and realized to their full potential through effective leadership and change sponsorship.
Strong manager: Able to recruit, develop, motivate, and manage a diverse professional staff and hold staff accountable for accurate, timely results, and excellent customer service. Experience building high-performing teams, fostering open dialogue, setting a tone and expectation of excellence, continual improvement, and strong customer service to the university and to external parties who interact with the office.
Effective communicator: Able to communicate effectively at all levels of the organization including senior management and the Board. A sophisticated understanding of how best to communicate policy and procedures across the university.
Customer focus: Dedication to meeting the expectations and requirements of internal and external customers. Establishes and maintains effective relationships with customers and gains their trust and respect;
Effective implementer: Experience advancing ideas from plan to results with processes that ensure input and feedback from campus constituents and superb listening and influencing skills. Able to cultivate trust and credibility with colleagues.
Well–organized: Able to ensure all deliverables are met on time with excellent products and anticipates implementation or workload issues related to emerging developments.
Exceptional personal qualities: A reputation for integrity and the highest ethical standards; sound judgment and enthusiasm; creativity in solving problems; collegial style and keen desire to be an integral part of the Rutgers community.
Posting Number: 18ST3794
Location: Off Campus
Internal Number: 79480
About Rutgers University
Rutgers, The State University of New Jersey, is a leading national public research university and the state's preeminent, comprehensive public institution of higher education. Rutgers is dedicated to teaching that meets the highest standards of excellence; to conducting research that breaks new ground; and to turning knowledge into solutions for local, national, and global communities. As it was at our founding in 1766, the heart of our mission is preparing students to become productive members of society and good citizens of the world. Rutgers teaches across the full educational spectrum: preschool to precollege; undergraduate to graduate and postdoctoral; and continuing education for professional and personal advancement. Rutgers is New Jersey's land-grant institution and one of the nation's foremost research universities, and as such, we educate, make discoveries, serve as an engine of economic growth, and generate ideas for improving people's lives.