Search for the Vice Chancellor for Finance and Chief Financial Officer
University of California, Berkeley
The University of California, Berkeley (Berkeley), the world’s premier public research institution, invites nominations and applications for the position of Vice Chancellor for Finance and Chief Financial Officer (CFO).
Reporting to both Chancellor Carol Christ and Executive Vice Chancellor and Provost (EVCP) Paul Alivisatos, and serving as a key member of the Chancellor’s Cabinet, the new CFO will join Berkeley at a pivotal moment in its history. In the next ten years, Berkeley will - even more than it does today - push the boundaries of knowledge, challenge convention, and expand opportunity to create the leaders of tomorrow. To do this, Berkeley will invest heavily in the student experience, make new commitments within Berkeley’s research and academic spheres, and strive to make our institution a more welcoming and supportive place for people of all backgrounds. The CFO will play an important role in this effort, working closely with faculty, staff, students, alumni, supporters and other key stakeholders to develop and drive an effective financial strategy that will enable Berkeley to achieve these significant ambitions. The University of California was chartered in 1868, and its flagship campus—envisioned as a “City of Learning”—was established in Berkeley, on a hill overlooking the San Francisco Bay and the Golden Gate. Building upon a history of distinction, Berkeley continues to be recognized for the quality and impact of its faculty and students, the scope of its research and publications, and the leading role it plays in the national dialogue regarding the future of public higher education in America.
As a senior member of Berkeley’s administrative team, the CFO will join an engaged and cohesive group of campus leaders at a time of significant change and energy as the university moves toward a more sustainable funding model and addresses urgent housing and capital needs. The CFO leads a highly skilled and client-focused Finance Division that includes the following units: The Controller’s Office, University Business Partnerships and Services, the Immediate Office of the CFO, and the Office of Financial Planning and Analysis, which includes capital finance and the institutional research team. UC Berkeley’s projected FY2020 operating budget is $3 billion, and the university has an endowment of approximately $4.8 billion; 14 percent of the university’s operating funds come from the State of California.
In order to develop a financial strategy to guide UC Berkeley into its next era of success, the next CFO, in partnership with the Chancellor, EVCP, and other senior leadership, will address a number of key strategic and operational priorities:
Bring vision and long-term strategic thinking to the financial management of a complex institution;
Translate university-wide strategic priorities into actionable financial plans;
Champion Berkeley’s value of diversity, equity, and inclusion and ensure demonstrable positive impact;
Embrace the university’s strong system of shared governance by promoting a culture of financial transparency and working closely with internal stakeholders on decision-making;
Empower and support a talented and diverse staff; and
Effectively communicate financial priorities to external stakeholders, and develop meaningful relationships broadly.
The ideal candidate for the position will be a seasoned, innovative financial leader with extensive experience in a complex academic organization. Skills in a wide range of finance disciplines and a deep understanding of financial operations and systems are essential, as well as experience with the development and execution of long-term financial strategy at the enterprise level. Candidates should have demonstrated experience in a large, decentralized, multifaceted organization and should be well versed in trends in higher education finance. Consistent with UC Berkeley’s values, this person must have a resounding civic and community orientation and a demonstrated commitment to advancing diversity and inclusion. Above all, the CFO must be an excellent communicator committed to the highest ethical and professional standards, with demonstrated ability to work collaboratively and collegially in a diverse academic community in support of UC Berkeley’s mission of teaching, research, and public service.
The University of California, Berkeley is an Affirmative Action/Equal Opportunity Employer with a strong institutional commitment to the achievement of diversity. Applicants should submit a current curriculum vitae and, preferably, a cover letter describing relevant experience and interest in the position. Screening of complete applications will begin immediately. The first review date is January 10, 2020, and the committee will continue to accept applications and nominations until the completion of the search process. Inquiries, nominations, referrals, and CVs with cover letters should be sent via the Isaacson, Miller website for the search: www.imsearch.com/7334. Electronic submission of materials is strongly encouraged.