Associate Vice President Business Affairs​/Assistant Treasurer

Position: Associate Vice President for Business Affairs/Assistant Treasurer
** PRIMARY PURPOSE/

GENERAL DESCRIPTION:

*
* * Works collaboratively with colleagues across campus and actively participates in and manages the College’s financial operations, data, and partners, serving as a community of practice for finance and operations professionals throughout the College.
* Serves as a key advisor to the Vice President for Business Affairs/Treasurer; participates on the Vice President’s Executive Leadership Team.
* Represents Business Affairs on college-wide committees, task forces, student forums, and on external business and higher education settings.
* Provides institutional leadership in financial strategy, resource allocation, and operational effectiveness aligned with the College’s strategic priorities.
* Represents the College at Business and Finance Advisory Committee (BFAC) or other Business Affairs meetings when requested by the Vice President/Treasurer.
* Attends, presents, and provides staff leadership support for Financial Stewardship, Investment, and Audit, Risk and Compliance Committees of the Board of Trustees, including preparation of materials and maintenance of meeting records as assigned.
* Active support for the College’s Principles of Community and Institutional Values in the performance of job duties.
* Attends the NACUBO, WACUBO, and PACCON annual meetings.
* Oversees management of the College’s investment portfolio and maintains primary relationships with investment advisors, consultants, custodians, and fund managers.
* Reviews, analyzes, and reports on investment performance, asset allocation, liquidity, and risk.
* Reviews limited partnership and master limited partnership agreements; coordinates legal review and ensures compliance with all reporting and execution requirements.
* Serves as staff liaison and primary support to the Investment Sub-Committee of the Board of Trustees.
* Acts as the managing agent and principal contact for the College’s third-party investment advisory firm.
* Advises and supports student-led financial initiatives, including the Student Investment Fund and student-run enterprises, on accounting, financial reporting, governance, and internal controls.
* Supervises treasury functions including related responsibilities of the Senior Accountant and reviews the cash flow functions performed by the Associate Controller.
* Ensures short-term cash investments are balanced for investment return and adequate cash flow for the College’s resourcing needs.
* Maintains treasury dashboard that includes appropriate financial ratios.
* Processes and manages real estate proceeds
* Reviews Treasurer’s capital structure plan quarterly.
* Monitors debt and credit strategies.
* Consults and collaborates with College’s financial advisory consultants on public financial markets including bonds, direct loans, sale leaseback, debt markets monitoring, bank industry tracking and reporting, tax-exempt and taxable strategies, bond/debt instrument pricing and credit rating strategy, provide debt covenant review, make compliance recommendations and forward guidance.
* Coordinates with bond counsel on matters related to debt, financing, and compliance with legal requirements.
* Ongoing monitoring and evaluation of sale leaseback transactions for compliance and performance.
* Ensures compliance with all terms and obligations related to building leases.
* Assesses and verifies of compliance with ground lease agreements.
* Arbitrage calculations and reporting.
** REQUIRED KNOWLEDGE, SKILLS, ABILITIES:
*** Demonstrates a sophisticated understanding of the financial model of a tuition-dependent liberal arts institution and applies that understanding to executive decision-making.
* Deep understanding of higher education finance, including tuition dependency, discount rates, auxiliary revenues, endowment dynamics, and intergenerational equity.
* Applies quantitative analysis, financial modeling, and scenario planning to inform executive leadership, Board deliberations, and long-term strategy.
* Anticipates and prepares for enrollment shifts, market volatility, capital market fluctuations, and regulatory change.
* Identifies financial, operational, and compliance risks and implements…