Vice President for Administration and Finance

JOB SUMMARY:

As Chief Financial Officer of Lasell College and Lasell Village, this position is responsible for ensuring the financial integrity of the College and Lasell Village and advising the President on all matters of fiscal security and accountability, financial planning, and stewardship of College resources. This position has fiduciary responsibility for the safeguarding of all College assets and managing all funds and securities of the College. This position provides leadership, direction, strategic planning, and coordination for the Business and Finance Department, Department of Plant Operations and Public Safety, the Department of Information Technology, Student Accounts, and Human Resources (all of which support the academic and administrative departments of the College). This position provides appropriate support to the Business Office of Lasell Village. Areas of responsibility may change based on the experience and qualifications of the person hired.


PRINCIPAL DUTIES AND RESPONSIBILITIES:
The statements below are intended to describe the principal duties of the person or persons assigned to this job. They are not intended to be an exhaustive list of all job duties and responsibilities. Lasell College has the right to add or change the job responsibilities at any time.

  • Financial analysis and planning, budgeting, accounting, internal compliance, risk management, facilities, public safety, human resources, and information technology.
  • Accurate and timely estimates of the financial condition of the College and the Village in accordance with generally accepted accounting principles.
  • Financial and tax reporting at all governmental levels
  • Liaison with the City of Newton on financial, tax, zoning, construction, and approval matters
  • Maintenance of the financial planning model.
  • Development of effective business practices including implementation of new financial and business information systems.
  • Management of the system of internal controls and financial operations.
  • Compliance with College, state and federal policies, regulations and laws.
  • Oversight of external audits for Lasell College and Lasell Village.
  • Supervision of all phases of construction projects.
  • Collective bargaining /union negotiations and contracts.
  • Oversight of the College's participation in collaborations with other organizations, including edHealth (a medical insurance consortium)
  • Auxiliary enterprises including food service, environmental services and Donahue Bookstore.
  • Oversight of the investments of the College's endowment funds and the reserve funds of Lasell Village.
  • Negotiation and oversight of debt instruments for the College and Lasell Village
  • Liaison to the Finance Committee and Investment Committee of the Board of Trustees.
  • Management of rental programs/rental of facilities.
  • Negotiation of contracts on behalf of the College, such as food service, insurance, and legal services.
  • Anticipation of financial and operational risks and opportunities prior to their arrival, when it is possible to avert looming problems or take advantage of opportunities.
  • Improvement of the efficiency and effectiveness of operations, including attention to controlling costs.
  • Other duties as assigned.

Supervisory Responsibility:
Provides supervision to: Associate Vice President of Administration & Operations, Controller, Director of Student Accounts, Chief Information Officer, and Director of Human Resources.
Coordinates with the Director of Finance & Operations of Lasell Village (a continuing care retirement community managed by Lasell College).

MINIMUM KNOWLEDGE AND SKILLS REQUIRED BY THE JOB:

Education:
This position requires a Master's degree (preferably an MBA). A minimum of ten years' increasingly progressive experience in the higher education finance field which demonstrates successful leadership, management, and financial acumen in a senior administrative capacity is preferred.

Other Requirements of the Job:
Provides evidence of strong organizational, analytical, supervisory, and communication skills; experience integrating financial and strategic planning; knowledge of best practices in fiscal and other functions; ability to think creatively and strategically and to anticipate problems and opportunities; and an understanding of the compelling mission, challenges, and governance of higher education.

Lasell College is committed to equal opportunity in every aspect of hiring and employment. Lasell proactively reviews its policies and practices to assure that decisions with respect to every dimension of employment are made without regard to age, color of skin, disability, gender expression and identity, genetic predisposition, marital status, national origin, race, ethnicity, religion, sex, sexual orientation, veteran's status, status as a victim of domestic violence, and all other protected groups and classes under Federal and State Laws and executive orders.