Senior Associate Vice President for Finance and Deputy Chief
Number of Vacancies
33 - VP Finance and Business Operations
H3301-VP Finance & Facilities Management
Wayne State University requires all students, faculty and staff
to be fully vaccinated against COVID-19 with limited exceptions.
Learn more at:WSU Covid-19 Website
Essential Functions (Job Duties)
Reporting to the Vice President for Finance and Business
Operations, Treasurer and Chief Financial Officer, the Senior
Associate Vice President for Finance and Deputy Chief Financial
Officer provides consultative analysis, advice, and reports to the
President and Board of Governors on treasury and financial
activities. Oversees financial management functions within a
framework of sound internal controls and applicable best practices.
Oversees the Investments and Treasury function providing strategic
planning for the university's cash management and investments and
debt. Serve as the Chief of Staff for the Finance and Business
- Direct and coordinate the fiscal affairs of the University. Serve
as consultant to University officials, administrators, committees
and board members on all aspects of fiscal operations and related
matters. Consult and coordinate with the Business Affairs Officers
of the schools, colleges and divisions and direct as appropriate as
they manage the fiscal affairs and operations of their respective
units. Advise and guide University leadership on long- and
short-term institutional planning; provide information and research
to support data informed decision-making and strategic planning.
Oversee the preparation of university financial statements and
other financial reports. Oversee the fiscal closing activities to
ensure timely completion and accurate reporting.
- Provide regular periodic interim financial reports to help ensure
effective financial control environment and timely identification
of emerging financial issues, problems and opportunities. Advise
CFO, President, and Board of Governors of emerging financial issues
and develop timely recommendations for corrective action as
- Provide leadership in external debt planning and issuances
working closely with investment bankers and internal finance team.
Oversee efforts relative to shaping the investment policy for the
University's short-term cash portfolio, ensuring ongoing compliance
with internal and external requirements and policies, and monitors
and reports on performance versus agreed upon benchmarks. Evaluate
the optimal structure for borrowings and opportunities for
minimizing the cost of capital. Oversee the management of
relationships with credit rating agencies, providing pertinent data
and all other information for periodic ratings and disclosures.
Oversee the regular periodic Treasury reports to monitor endowment
investment performance against expected targets, compliance with
policy and update debt attributes.
- Lead the unit in identifying, developing, and implementing
strategic goals and objectives. Ensure each department identifies
and implements process improvements on a continuous basis to
maximize operational efficiency and effectiveness throughout the
organization and strives to enhance processes while maintaining a
focus on improving customer service. Build, recruit and manage
staff members into a high performance team. Manage and oversee the
workflow of unit staff; establish organizational plans to meet
operational mission and objectives. Oversee the personnel and
budget related matters.
Job Reports to:
Develops policy and strategic plans
Supervises through management personnel
Manages operating budget
Interfaces with official and executives
Freedom to Act:
Sets broad policies and objectives
-Master's degree in accounting, finance, business administration or
related fields, or CPA.
- A minimum of ten years progressively responsible experience in
one or more of the following areas: treasury operations, financial
operations, or strategic budget and resource management
- Experience working in large, complex or decentralized
- Success in attracting, developing, and mentoring a team of
KNOWLEDGE, SKILLS & ABILITIES REQUIRED
General knowledge and understanding of financial operations and
investment and debt. Proven ability to provide consultative
leadership in a dynamic environment. Skill in advocating, managing,
and leading change related to business operations to ensure that
operations are efficient, effective, contemporary, financially
sound, and compliant. Ability to anticipate and provide information
and appropriate analysis needed to support executive
decision-making. A style that fosters and supports change and
innovation. Ability to appreciate and embrace diversity of thought.
Ability to promote sharing of knowledge and information. Encourages
mentoring, coaching, skill enhancement in an effort to build an
internal continuous improvement culture. An approach that inspires
trust and confidence through actions that demonstrate integrity,
transparency, and a strong work ethic. Sophisticated interpersonal,
organizational, analytical, problem solving, presentation, and
communication skills. Strategic thinking, problem solving, business
process re-engineering and complex planning skills.
- Higher education experience
Duration of Posting
Fiscal Year of Job Open Date
Job Open Date
(When job is posted in the system)
Job Close Date
(or until suitable candidate is found)
Until Suitable Candidate is Found
Is this position reposted?
None (New Posting)
Background Check Requirements
University policy requires certain persons who are offered
employment to undergo a background check, including a criminal
history check, before starting to work. If you are offered
employment, the University will inform you if a background check is
Instructions for submitting your application:
Represented Position Message
Salary (Hire Max)
Is Position Bump Ineligible?
(Non-Academic, Represented positions only. Select 'No' for
Academic. Select N/A if Non-represented.)
**NOTE: If 'Yes' is selected, then this is a Bump Ineligible
Position (BIP). The person who bids or hires into this 100% grant
funded position has no bumping rights upon grant expiration or in a
reduction of force.