Chief Financial Officer & Vice Chancellor, Finance, Administration, and Operations
The University of California, Irvine welcomes applications and nominations for the position of Chief Financial Officer & Vice Chancellor for Finance, Administration, and Operations. The CFO/Vice Chancellor is responsible for strategic financial planning, budget and financial management, capital, facilities operations, and an array of business-support services that advance each dimension of the University's mission and touch every member of its community. Reporting to Chancellor Howard Gilman and Executive Vice Chancellor & Provost Hal Stern, the position is among the most impactful leaders of the University.
The University of California, Irvine
Founded in the 1960's, University of California, Irvine (UCI) has grown to be a premier institution within the ten-campus University of California (UC) System and is the youngest member of the prestigious Association of American Universities (AAU). The campus has produced three Nobel laureates and is known for its academic achievement, premier research, innovation, and anteater mascot. UCI has more than 36,000 students, offers 222 degree programs, and is Orange County's second-largest employer, contributing $5 billion annually to the local economy. Throughout its first 55 years, UCI has enjoyed both rapid growth in enrollment and an equally impressive increase in the size, quality, and influence of its research programs, performing arts, and professional schools.
UCI has an annual operating budget exceeding $3.5 billion and an endowment exceeding $1 billion. On October 4, 2019, UCI launched the public phase of its comprehensive fundraising campaign, Brilliant Future. With dual goals of achieving $2 billion in philanthropic support and meaningfully engaging at least 75,000 alumni by 2025, the campaign will enable UCI to realize the core objectives of its 2016 Strategic Plan, creating new opportunities for its students, its faculty's strong research agenda, its growing healthcare enterprise, its global base of alumni, and the Orange County/Southern California regional and global communities.
Howard Gillman was appointed the sixth chancellor of UCI in 2014 after serving for one year as Provost and Executive Vice Chancellor. Before coming to UCI, he spent more than two decades as a professor of political science, history, and law at the University of Southern California, including five years as Dean of the USC Dornsife College of Letters, Arts and Sciences. Dr. Gillman has received many awards for his scholarship and teaching excellence. He earned all his degrees in political science from UCLA.
Reporting to the Chancellor and the Provost and Executive Vice Chancellor, the Chief Financial Officer and Vice Chancellor - Finance, Administration, and Operations (CFO/Vice Chancellor) is an integral member of an innovative and dynamic leadership team and a key partner in achieving the University's ambitious strategic vision for growth, while being mindful of the need to develop new models of financial sustainability. Leading the Division of Finance & Administration, the CFO/Vice Chancellor serves in a dual role as the University's chief financial officer and its chief administrative affairs and business officer. DFA provides services and support to over 50,000 students, faculty, and staff with the mission of advancing UCI's future and the vision of becoming world-class campus partners.
In the newly expanded role, the CFO/Vice Chancellor lays the foundation for the University's future with an entrepreneurial mindset and a focus on creative budget management, resource allocation and management, and revenue generation.
The CFO/Vice Chancellor provides decision support to campus executive management regarding strategic allocation and use of campus resources to meet UCI's academic goals. The CFO/Vice Chancellor is responsible for UCI's $3.5 billion operating budget and $3 billion capital expenditure budget.
The CFO/Vice Chancellor is the most senior campus subject-matter expert on matters relating to the campus budget and related policies and procedures. They oversee the day-to-day management and development of the campus-wide budget including development of an overall system of budgeting controls and such policies, procedures, programs, and practices as may be necessary for the effective operation of the system. The CFO/Vice Chancellor is responsible for ensuring the highest standards of fiscal integrity, transparency, and stewardship of financial resources and capital planning activities for UCI.
The CFO/Vice Chancellor provides broad leadership over all UCI finances, inclusive of UCI Health. The CFO defers responsibility to UCI Health's CFO for strategic management of UCI Health-related financial assets. The leaders work in concert to ensure overall financial strength of UCI Health and coherent stewardship of its resources. In this regard, the CFO/Vice Chancellor serves as the overall institutional financial officer.
The CFO/Vice Chancellor manages multiple priorities to achieve a level of operational excellence for the campus such that UCI's administrative functions are equal in quality to its academic and research programs, while managing resource constraints and implementing a sustainable financial model for the future. The CFO/Vice Chancellor also serves as the chief administrative affairs and business services officer for the campus, implementing campus and University policy supporting administrative and business services, and sustaining management systems, policies, standards, and programs to effect efficient business practices and effective stewardship of assets. The CFO/Vice Chancellor assesses, vets, and oversees change management programs for proposed and new policies and procedures to ensure smooth adoption and common benefit.
The CFO/Vice Chancellor acts as the official campus point person with the University of California Office of the President, General Counsel, and Treasurer's Office on all budget and financial matters involving campus operating and capital resources, as well as with other UC campuses and outside agencies. The CFO/Vice Chancellor represents UCI's business and resource stewardship interests to UCOP and proactively pursues policy, resource allocation, and regulatory issues that affect UCI's interests.
The CFO/Vice Chancellor represents the campus' business and planning interests to external agencies, support groups, business entities, and neighboring landowners. They also serve on numerous campus-wide committees and work groups, including, but not limited to the Chancellor's Cabinet, Academic Planning Group, Campus Audit Committee, and the UCI Foundation's Finance and Investment Committee. The CFO/Vice Chancellor's external engagements encompass local, state, and federal stakeholders; governance entities such as the UC Office of the President and the University's Board of Regents; UC-wide entities such as Fiat Lux, the captive insurance vehicle; and peer administrative leaders of the other nine UC campuses and in particular of those with large health systems.
Competencies and qualifications
The CFO/Vice Chancellor will bring the financial, administrative, planning, and communication skills appropriate to someone who is serving in an executive role. They will be an inclusive and innovative leader who weighs decisions thoughtfully and involves others in the decision-making process as appropriate. They must work with the highest levels of integrity, honesty, and openness and must create strong and enduring collaborative relationships with leaders across the University, the faculty, the staff, UCOP, and the University's Board of Regents.
The CFO/Vice Chancellor should possess senior-level operational and administrative experience in a comparably complex setting with responsibility for several of the functional areas that fall within the position's scope of responsibility; while expertise in finance and budget is valuable, the ability to lead broadly and synergistically across the portfolio areas will be crucial to the CFO/Vice Chancellor's success and impact.
Alongside functional expertise, certain core principles and competencies are important for success in this role. These include the ability to lead through influence independent of positional authority; a commitment to diversity, equity, and inclusion that is lived, visible, and actualized; the ability to develop trust relationships so as to work effectively in a decentralized environment with matrixed lines of authority and accountability; and the confidence and credibility to represent UCI to advisory and governance entities.
At least 15 years of relevant experience overseeing budget and/or finance in a complex, decentralized organization with accountability to executive leadership and governance
Undergraduate degree from an accredited institution
The ability to provide visionary leadership, plan strategically, deploy resources, and address challenges to implement change successfully
Experience interacting with, reporting to, and stewarding relationships with governance boards
Leadership experience in strategic planning, long-range financial planning, budgeting, and financial reporting
Ability to analyze complex financial and accounting information and effectively communicate it to a wide variety of stakeholders with a range of financial literacy
A management style that builds teamwork, participation, communication, and service and that finds creative solutions to problems
Excellent interpersonal skills and effective written and oral communication skills; ability to communicate and enhance relationships with constituents across all levels of the organization as well as with internal and external stakeholders
A track record of implementing initiatives and practices that measurably increase diversity, equity, and inclusion
Knowledge of federal, state, county, and municipal funding models, regulations, and codes
Familiarity with capital planning
Additional preferred qualifications
An advanced degree in a field relevant to the Division of Finance & Administration such as an MBA, JD, or graduate degree in finance or public administration
Knowledge of the issues and challenges facing research universities, including but not limited to the financial arena
A record of successful management of additional functional areas included in the CFO/Vice Chancellor portfolio such as facilities operations, capital projects, public safety, environmental health and safety, or transportation
Financial leadership experience in an integrated university/academic medical center or substantial exposure to the finance and budget aspects of a university-affiliated medical center, health system, or similarly structured organization
Experience with real-estate development and asset management
Knowledge of University of California policies and systems
UCI has retained Opus Partners (www.opuspartners.net) to support this recruitment. Craig Smith, Partner, and Thomas Lapierre, Senior Associate, are leading the search. Confidential inquiries, applications, and nominations should be emailed to firstname.lastname@example.org. To be considered for the CFO/Vice Chancellor position, candidates must formally apply via Opus Partners and must provide a resume, a cover letter, and a statement of contributions to diversity, equity, and inclusion. Please consult Opus Partners for more information about the application process.
Final candidate subject to background check. As a federal contractor, UC Irvine is required to use E-Verify to confirm the work status of individuals assigned to perform substantial work under certain federal contracts/subcontracts.
The University of California, Irvine is an Equal Opportunity/Affirmative Action Employer advancing inclusive excellence. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, protected veteran status, or other protected categories covered by the UC nondiscrimination policy.
UCI provides reasonable accommodations for applicants with disabilities upon request. For more information, please contact Human Resources at (949) 824-0500.
Since 1965, the University of California, Irvine has combined the strengths of a major research university with the bounty of an incomparable Southern California location. UCI's unyielding commitment to rigorous academics, cutting-edge research, and leadership and character development makes the campus a driving force for innovation and discovery that serves our local, national and global communities.