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Vice President for Finance and Treasurer
Molloy University, a Catholic and Dominican institution on Long Island, invites applicants for the position of Vice President for Finance and Treasurer. Reporting directly to the President, this individual will also serve as a key advisor to the Board of Trustees and will be a critical member of the President’s Cabinet. The Vice President will provide strategic oversight of all financial operations ensuring the financial integrity and sustainability of the University while fostering transparency and trust among all constituents.
Position Overview:
The Vice President for Finance and Treasurer will serve as the chief financial officer of the University with primary responsibility for managing Molloy’s financial resources, including oversight of budgeting, accounting, financial reporting, investments, risk management, auxiliary services and long-term financial planning as well as the leadership of the campus facilities departments and physical plant. The Vice President will collaborate closely with the Board of Trustees, senior leadership, staff and faculty to develop fiscal strategies that support the University’s mission and strategic goals.
A key aspect of this role is the ability to communicate complex financial concepts clearly and effectively to non-financial audiences. The successful candidate must possess exceptional interpersonal skills and the ability to engage in transparent dialogue with various internal and external groups.
Key Responsibilities:
- Serve as a strategic financial advisor to the President and Board of Trustees, providing regular analysis and reporting on the University’s financial position, risk factors and growth opportunities.
- Lead the development and implementation of short and long-term financial planning that align with the University’s Strategic Plan.
- Oversee all aspects of the University’s financial operations, including facilities, budgeting, financial reporting, investment management, compliance, risk management, auxiliary services, and payroll.
- Lead and mentor a team of professionals, fostering collaboration and professional development within the division.
- Effectively communicate financial performance, forecasts, and strategic financial plans to non-financial audiences, including trustees, faculty, staff and other stakeholders.
- Collaborate with academic and administrative leaders to ensure that financial strategies support academic excellence, enrollment growth and capital improvements.
- Ensure financial transparency, integrity, accountability throughout the University, fostering a culture of ethical decision-making and fiscal responsibility.
- Maintain overall responsibility for maintenance and physical plant operations, including the upkeep and repair of university buildings, grounds and equipment, as well as the planning and implementation of capital projects.
- Leads the ongoing development and implementation of the University's facilities plans to facilitate teaching and learning.
- Practices sound stewardship or the institution's physical resources.
- Supports the Board of Trustees’ Finance, Audit, Facilities, and Investment Committees, preparing presentations, reports, and analyses to inform decision making.
Qualifications:
- A master's degree in finance, accounting, business administration or related field is required. CPA and/or other relevant certification is preferred.
- Minimum of 10 years progressively responsible leadership experience in fiscal management with a preference for experience in higher education, or non-profit organizations.
- Demonstrated ability to communicate complex financial information effectively to non-financial audiences.
- Strong financial acumen, with expertise in financial reporting, budgeting, investment management, and compliance with regulatory standards.
- A collaborative leadership style, with excellent interpersonal and communication skills and the ability to work effectively across diverse stakeholder groups.
- Demonstrated ability to manage and motivate a team of professionals, fostering a culture of collaboration and high performance.
- Commitment to transparency, accountability, and ethical financial management.
Salary Information:
When determining the salary offer for a new employee, Molloy considers several key characteristics such as job knowledge, skills, and experience as well as internal and external equity. The hiring annual salary range for this position is $300,000 to $350,000. This annual salary represents the University's good faith and reasonable estimate of the range of compensation at the time of posting.
As part of its total compensation package, Molloy University offers an extensive range of benefits and programs for its employees including excellent health and dental insurance options, generous time off and tuition benefits. For further information, please visit Benefits | Molloy University.
Application Process:
Interested applicants should submit the following materials with their application:
- Cover Letter addressing qualifications, experience and vision for financial leadership at Molloy University.
- Current curriculum vitae.
- A statement of leadership philosophy
- Contact information for a minimum of three professional references.
Applicants selected for further consideration will be asked to participate in an interview with the search committee. Applications will be reviewed on a rolling basis, with priority consideration given to those submitted by February 1, 2024.
Interested candidates should apply by clicking Vice President for Finance and Treasurer
About Molloy University:
The founders, the Dominican Sisters of Amityville in 1955, believed that conferring professional degrees with a strong liberal arts core would allow students to serve in their chosen fields of work with excellence, compassion and creativity. Continuing in that tradition today, Molloy’s academic, experiential, and service opportunities are responsive to the region's needs.
Located in Rockville Centre, Long Island, Molloy is a private, Catholic institution committed to academic excellence, leadership, and a values-centered education. Through the four schools (Arts and Sciences, Business, the Barbara H. Hagen School of Nursing and Health Sciences, and Education and Human Services), the University offers a wide range of undergraduate, graduate, and doctoral programs to approximately 5,000 students, with a focus on transformative learning experiences that promote personal growth and professional development with a vibrant student life culture and NCAA Division II athletic teams.
Equal Opportunity Employer
Women, minorities, persons with disabilities and veterans are encouraged to apply.
Molloy University does not discriminate on the basis of an individual's race, color, national origin, religion, creed, age, disability, sex, gender identity, sexual orientation, familial status, pregnancy, predisposing genetic characteristics, or military status; in its administration of educational policies, programs or activities; its admissions policies; or in employment practices. Molloy University takes its responsibility seriously to establish an environment in which the dignity and worth of all members of the institutional community are respected. In its effort to provide an optimal learning environment the University seeks the appointment of persons who are highly qualified and whose background is appropriate to fill each vacancy. It is University policy to recruit, employ, retain, and promote employees without discrimination regarding sex, race, color, creed, religion, age, marital status, sexual orientation, veteran status, national or ethnic origin or physical disability.
Mission and Values:
Molloy University, an independent, Catholic university rooted in the Dominican tradition of study, spirituality, service and community, is committed to academic excellence with respect for each person. Through transformative education, Molloy promotes a lifelong search for truth and the development of ethical leadership. The Dominican vision for education is a holistic way of looking at and being in the world. It is grounded in values integral to the mission of the order: the pursuit of truth, study, spirituality and community.
President:
James Lentini, DMA, began his tenure as Molloy University’s seventh president in June 2020. He is a nationally recognized leader in higher education, with expertise in strategic planning, academic program development, enrollment management, and fundraising. Since arriving at Molloy, Dr. Lentini initiated the development of Molloy’s first-ever Strategic Enrollment Management Plan and new Strategic Plan and worked with leaders in the state to ensure Molloy’s transition from college to university. During his tenure, Molloy has enrolled the largest entering classes in its history, appointed the first Provost and Vice President for Academic Affairs, established the Office of Mission Integration and Inclusion, and established the role of Chief Information Officer.