The University of Tennessee System welcomes applications and
nominations for University Treasurer. What an ideal time to be
joining the University of Tennessee. President Randy Boyd is
implementing a plan to “ignite the greatest decade in the history
of the University of Tennessee”, see here. In 2019, across the
UT System, total enrollment rose 1.5 percent to an all-time high of
51,582 across all campuses. UT is preparing the next generation
through the combined force of education, research, and
The University Treasurer is an officer elected by the Board of
Trustees and will provide the dynamic leadership required to
support the UT system mission and to further the development and
implementation of the strategic goals. The Treasurer is
responsible for all accounting, cash management, financial
reporting, endowment investment reporting, financial audits and
compliance, and other treasury functions. The Treasurer is also
responsible for procurement services and risk management and is a
member of the President’s financial leadership team. The
position also serves as the Treasurer for the University’s Research
Foundation, which is a separate legal entity.
The Treasurer champions a culture of equity and belonging by
providing leadership in an environment that actively promotes
inclusion, diversity and engagement (IDE.) The successful candidate
is also expected to contribute to the systemwide mission and fully
embrace the systemwide Be
One UT values.
The Treasurer will maintain processes and systems to determine
daily cash position, forecast sources and uses of cash, manage debt
obligations and lender relationships, manage fraud prevention
functions, and ensure treasury activities are in compliance with
University and State of Tennessee policies, develop and implement
accounting guidelines, governance policies and internal controls.
The Treasurer will assist in formulating investment policies
including the establishment of risk parameters. Additionally, the
Treasurer will be the financial leader and serve on a five-person
executive committee leading the University’s new cloud-based
Enterprise Resource (ERP) system.
The University of Tennessee is seeking candidates who possess a
strong record of professional experience that demonstrates
progressive responsibilities and significant senior-level
management experience in a complex, distributed finance
environment. Candidates must be proven leaders demonstrating
a minimum of 10 years of finance experience with at least 5 years
in a significant leadership/management role. Progressive work
history will ideally include a combination of skills and
experiences that demonstrate a full understanding of complex higher
education operations and organizations. The ideal candidate will
have demonstrated knowledge of accounting and reporting issues,
capital markets – both on the debt and equity sides, familiarity
with internal revenue code, understanding of generally accepted
accounting principles and personnel management. A bachelor’s degree
in business, accounting, finance, or a related field is required.
An active Certified Public Accountant (CPA) license and an MBA is
The full position profile can be found
Koya Partners, the executive search firm that specializes in
mission-driven search, has been exclusively retained for this
engagement. Tom Phillips and Charlotte Harris are leading this
search. To make recommendations or to express your interest in this
role please visit this
link. All nominations, inquiries, and discussions will be
considered strictly confidential.
Compensation for this position will be competitive with
comparable positions at peer institutions. The University offers a
comprehensive benefits package that includes excellent healthcare
and tuition benefits for employees and their families, generous
retirement benefits, a wide variety of professional development
opportunities, supportive work and family benefits and much more.
Additionally, Tennessee residents do not pay a state income tax.
For more information on the University of Tennessee’s benefits, we
invite you to visit https://hr.tennessee.edu/benefits/.
The University of Tennessee is an EEO/AA/Title VI/Title
IX/Section 504/ADA/ADEA institution in the provision of its
education and employment programs and services. All qualified
applicants will receive equal consideration for employment without
regard to race, color, national origin, religion, sex, pregnancy,
marital status, sexual orientation, gender identity, age, physical
or mental disability, or covered veteran status.