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- Associate Vice President & Treasurer
Description
The Associate Vice President & Treasurer serves as a senior leader within the Office of the Chief Financial Officer and is responsible for cash management and short-term investing, treasury operations, management of the University’s long-term debt portfolio, collection of student accounts, and administration of the outsourced chief investment officer relationship. Reporting to the Senior Associate Vice President for Finance, the AVP & Treasurer position works with senior and executive leadership to identify, recommend and implement strategies for effectively managing financial assets.
This leader plays a vital role in advancing the University’s mission by ensuring financial resources are managed prudently and financial sustainability supports academic excellence and institutional growth. This forward-looking approach ensures that financial decisions are informed, resilient, and aligned with the University’s long-term priorities.
Requirements
Skills and Knowledge
The successful candidate will demonstrate exceptional integrity, sound judgement and a collaborative leadership style. They must balance strategic vision with attention to operational details, navigate organizational dynamics, and build trust with internal and external stakeholders. The Treasurer should possess strong business acumen, technological proficiency, and the ability to adapt to the evolving landscape of higher education finance.
- Extensive and proven leadership experience in treasury management of a complex, mid-to large-scale organization, preferably in higher education or a similar sector.
- Solid foundation in institutional investment management, including familiarity with private market strategies such as private equity, private credit, and real assets, with the ability to engage effectively with investment consultants, managers, and oversight committees.
- Demonstrated knowledge in cash flow forecasting, cash management best practices, and proficiency with treasury management systems in a complex organizational environment.
- Experience with debt management, including the issuance and administration of bonds and other long-term financing instruments.
- Expertise in quantitative analyses, financial modeling, and scenario planning to inform long-term strategy.
- Strong record with communication of complex financial information clearly to Boards, senior leadership, and external stakeholders.
- Familiarity with foreign exchange risk management and internal payment operations is a plus.
- Knowledge of federal, state, and accreditation-related, and donor-restricted financial reporting requirements applicable to higher education.
- Exceptional judgment, discretion, and interpersonal skills, with the ability to build credibility and influence decisions at senior levels of the institution.
Responsibilities
- Oversee and optimize the university’s debt portfolio, including managing interest rates and refinancing strategies, conducting financial analysis and strategy and ensuring compliance with covenants and regulatory requirements.
- Develop and execute cash management strategies and operations to ensure optimal cash positioning, efficient payment processing, accurate cash forecasting and adherence to cash management policies.
- Collaborate with the Outsourced Chief Investment Officer (OCIO) to inform and advise on endowment investment strategy, support prudent investment management, ensure transparent reporting and enable aligned financial decision-making.
- Coordinate endowment spending policy integration and alignment and ensure donor restrictions and related fund accounting requirements are appropriate and reflected in financial reporting and stewardship.
- Cultivate, grow, and manage commercial banking relationships by identifying opportunities to expand and modernize treasury operations, including opportunities for enhancement of automated cash management systems, digital payment platforms, and liquidity monitoring tools.
- Provide strategic leadership and executive oversight of Bursar operations, including student billing, payment plan administration, and refund processing, ensuring compliance with federal, state, and institutional policies while optimizing the student financial experience.
- Champion a culture of financial innovation within the treasury function by identifying emerging fintech solutions, benchmarking against peer institutions, and aligning modernization initiatives with the university’s mission and goals, while supporting additional treasury and finance initiatives as organizational needs evolve.
- Manage and oversee the work of the staff within the Office of the Treasurer, ensuring effective coordination across all functional areas. Provide guidance, set priorities, and monitor performance to achieve departmental objectives. Foster collaboration, accountability, and professional development within the team, and ensure resources are aligned to meet treasury obligations.