Associate Vice President for Finance and Business Affairs, Finance Office
Maryland Institute College of Art (MICA)
April 13, 2018
Higher Education Institution
The Associate Vice President for Finance and Business Affairs reports to the Vice President and Chief Operating Officer and will work closely with the senior leadership of the College to help achieve the strategic goals of the institution. This position is responsible for overseeing the business affairs of the College, developing and directing effective strategic budget and planning processes, performing high-quality financial analyses along with actionable recommendations, leading the conversion to a new Information Systems platform, and communicating financial information and insights to the MICA community.
Oversees the College's financial planning process and supports strategic decision-making by developing a comprehensive understanding of the financial complexities and competing needs of the organization, and developing useful and robust analyses and long-term financial models to inform discussions of critical issues. • Works collaboratively with other division leaders to develop opportunities to increase revenues in other areas of the college. • Leads a team that will implement a new Finance and HR Information Systems platform. • Leads strategic efforts aimed at strengthening MICA’s cost structure through efficient, cost effective operations. • Negotiates, drafts and provides advice on vendor contracts and academic project partnerships. • Oversees student account billing and receivables operations, and manages all accounts receivables and collections. • Oversees the College Store and provides leadership and support of internal and external marketing with a focus on attracting new audiences and sales. • Develops strong, collaborative relationships with administrators, faculty and staff, and communicates effectively regarding the financial health of the organization in the context of the operational and strategic priorities of the College. • Performs financial analyses in key operating revenue and expense areas to identify key drivers, trends, benchmarks, risks and opportunities, and recommends appropriate actions. Develops and presents financial reports, metrics and analyses to increase understanding and improve decision-making. • Develops and leads a strategic budget process that is holistic and transparent to meet the current and future needs of MICA. Proactively works with department leaders to improve financial outcomes and works with leadership to provide budgetary and analytic support to optimize the deployment of resources. • Provides leadership for the College's annual capital budget process. Works with stakeholders to identify short-term and long-term needs for funding of capital projects and a process to prioritize those needs. • Collaborates with the AVP for Facilities Management to support the ongoing campus renewal program. Ensures that construction projects and the campus deferred maintenance program are completed on budget and employs appropriate financial controls. Enhances the financial modeling of sources and uses underlying this multi-year plan. • Identifies and engages with division, department and program leaders to implement changes in processes and systems to improve service and cost effectiveness in support of MICA’s programs and mission. • Oversees a financial projection/forecast process; manages sources and uses of restricted and unrestricted funds; and conducts year-end processes to manage restricted fund balances and communicates financial results.
Bachelor's Degree required, MBA or other Finance or related graduate degree preferred. • Progressively responsible experience in financial management, resource planning, financial analysis and budget development. • Demonstrated success in leading and managing financial and budget matters at a complex organization; experience in higher education strongly preferred. • Knowledge or experience in accounting in a non-profit or higher education environment preferred. • Experience and success in leading a team in implementing a new integrated Finance and HR Information Systems platform. • Demonstrated success providing high quality analysis and recommendations that influenced outcomes and improved financial outcomes across functions. • Ability to communicate financial information and insights directly and effectively to a variety of audiences; ability to link financial information to strategic priorities of the institution. • Demonstrated success in working collaboratively and building effective working relationships at all levels and across functions of the organization; models and practices positive and inclusive leadership; comfortable and confident in engaging with others in managing change. • Demonstrated ability to establish credibility and trust with broad and diverse constituencies within a complex organization based upon integrity, critical thinking, outstanding work ethic and operational performance, and excellent interpersonal skills. • Superb analytical and writing ability. • A demonstrated ability to relate and communicate effectively to a wide variety of people of diverse backgrounds. • The ability to think strategically and bring together diverse groups of interests to coalesce in a unified vision. • An open style that engages others in problem-solving and a willingness to change strategic direction when presented with new and compelling data. • Ability to manage others through innovative structural change. • The ability to inspire and empower staff so as to make all feel needed and valued and willing to put forth their best effort.
About Maryland Institute College of Art (MICA)
Founded in 1826, MICA is among the top visual arts colleges in the nation. The college enrolls 1,863 undergraduate and 306 graduate students from 48 states and 54 foreign countries, offering programs of study leading to the bachelor of fine arts (B.F.A.), master of arts (M.A.), master of fine arts (M.F.A.) degrees, and master of professional studies degrees (M.P.S), as well as post-baccalaureate certificate programs and a full slate of credit and noncredit courses for adults, college-bound students, and children. MICA is recognized as an important cultural resource for the Baltimore/Washington region, sponsoring many public and community-outreach programs-including more than 100 exhibitions by students, faculty, and nationally and internationally known artists annually-as well as artists' residencies, film series, lectures, readings, and performances.