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This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12164253 Vice Chancellor for Finance

Office of the Chancellor and Office of the Provost

The University of Illinois Urbana-Champaign (U of I), a preeminent public research university of the University of Illinois System, seeks a Vice Chancellor for Finance who will embrace the opportunities and challenges associated with expanding excellence at a premier land-grant institution.

Founded in 1867 as one of the nation\'s original public land-grant institutions of higher education, the University of Illinois Urbana-Champaign offers transformative undergraduate and graduate education, conducts ground-breaking research, engages in significant extension and public outreach activities, provides unique continuing education and online learning opportunities, and promotes a diverse learning environment that welcomes, cultivates, and respects the contributions of all. As a major national research university and member of the Association of American Universities (AAU) with a strong foundation in both STEM and the liberal arts, U of I is known nationally and internationally for excellence in education, passion for discovery, and a tradition of public service. U of I offers a collegial intellectual community that draws students and scholars from around the world. Research is a key economic driver in the state and U of I has numerous close collaborations with major industries across Illinois. The university uses a modified activity-based model for allocating resources. The university\'s FY25 draft operating budget is \$3.6 billion. In FY24, U of I researchers\' cumulative grant expenditures totaled \$775 million.

The campus community includes approximately 35,000 undergraduate students; 21,000 graduate and professional students; 3,250 tenure-system and specialized faculty members; 3,900 academic professionals; and 4,300 staff members. The campus is home to 16 colleges and schools that address a variety of disciplines and fields including: College of Agricultural, Consumer and Environmental Sciences; College of Applied Health Sciences; Gies College of Business; College of Education; Grainger College of Engineering; College of Fine and Applied Arts; Graduate College; School of Information Sciences; School of Labor and Employment Relations; College of Law; College of Liberal Arts and Sciences; College of Media; Carle Illinois College of Medicine; School of Social Work; the University Library; and the College of Veterinary Medicine. With over 500,000 alumni from around the world, Illinois fully embraces its global presence while remaining committed to its land-grant heritage.

The Vice Chancellor for Finance, reporting jointly to Chancellor Robert J. Jones and Executive Vice Chancellor for Academic Affairs and Provost John Coleman, serves as the campus\'s chief financial officer. As a member of the Chancellor\'s and Provost\'s leadership teams, the Vice Chancellor for Finance will join a collaborative and innovative group of campus leaders advancing the U of I\'s \"Boldly Illinois\" strategic vision. Key priorities for the position include:

• Bringing vision and strategic acumen to long-range financial planning
• Translating campus priorities into actionable financial strategies
• Promoting a culture of financial transparency and collaborative problem-solving that embraces the U of I\'s strong system of shared governance
• Anticipating and addressing emerging opportunities and challenges in higher education finance

Duties and responsibilities for this position include

Strategy -

• Provide strategic financial, budget, and allocation advice to the Chancellor and Provost.**
• Lead the development, implementation, and assessment of the campus\'s short- and long-term financial strateg es; analyze, interpret, and communicate information pertaining to the financial performance of the university; make recommendations concerning business processes and policies and the strategic allocation of resources; develop strategies to improve financial performance and efficiency; identify trends and changes in resources and expenditures that may require action.
• Identify and develop solutions for complex and systemic problems.**
• Provide strategic direction and oversight for the Operational Excellence @ Illinois Initiative.

Financial Administration -

Work with the Chancellor and Provost to develop and implement operating and capital budgets.

Provide oversight of campus financial, budgetary and resource planning, including capital plans and financing, debt management, purchasing and contract management, and cash flow optimization. Lead and manage operations and staff of the campus Budget and Resource Planning Office, a unit of the Office of the Provost, including the annual campus budget process, development of annual and multi-year funding models and analysis, and general financial oversight of the Urbana-Champaign campus to ensure the effective use of university resources.

Monitor campus reserves and arrange availability of funds to units, as directed by the Chancellor and Provost.

Oversee the staffing and support the campus budget committees (Budget Reform Steer