Reporting to the President, the Senior Vice President, Chief Financial Officer (CFO) oversees the university's financial and business operations, including financial planning, budget development and control, investments, facilities, risk management, asset management, and procurement. The CFO is also directly involved in managing the University's endowment and investments, the employee retirement plan, and bond financing.
The CFO serves as a key member of the president's cabinet and leadership team. He/she works closely with a dedicated Board of Trustees and provides staff support to the Finance & Investment and Audit committees.
This CFO is a vitally important appointment for HPU, at a critical juncture in the university's history. Thoughtful and creative financial and administrative stewardship will be essential to the success of HPU's educational mission. A successful CFO will take the time to understand the many facets of the educational mission and will actively engage in dialogue with both the internal and external communities to better understand the culture before implementing needed changes to the financial structure of the university.
Following a significant relocation of four of five colleges, classrooms, library space, and multiple administrative offices in FY 19, which will be led by an executive director of campus master planning, the CFO will move forward with general facilities oversight consistent with the University's campus master plan.
Qualities and Characteristics
The ideal candidate should also possess the following qualities and characteristics:
A strategic approach to leadership that creatively integrates innovation with operational acumen;
An understanding of the priorities of the institution and the ability to communicate those to others in a way that suggests a sense of urgency in the implementation of those priorities;
Demonstrated success in managing budgets with the goal of achieving specific cost conservation goals;
Experience in working with financial counter-parties, such as banks, bondholders (and bond rating agencies), and/or other capital providers;
The ability to serve as a transparent decision-maker who is data-driven, builds consensus, has the fortitude to make difficult choices when necessary, and communicates decisions with clarity and care;
The ability to build the appropriate infrastructure to support and advance HPU’s strategic and financial goals;
An appreciation for the history and culture of the region and the institution;
The capability to serve as a strategic thought partner to the President;
An open, direct, humble, and authentic personal style coupled with the ability to challenge established ways of thinking in a constructive, collegial, and positive manner;
A deep understanding of and respect for HPU’s commitment to shared governance and a successful track record of promoting collegiality and consultative decision-making;
A strategic thinker with the ability to plan, organize, coordinate, and direct multiple projects and activities within varied deadlines;
An active listener who is open to alternative points of view with an eye toward developing policies and solutions that are in the best long-term interest of the University;
A self-motivated individual with the critical judgment to operate with independence and confidence while interfacing with faculty and staff in departments across the institution;
Sound judgment and high ethical standards;
A person of financial acumen who will aid the university in matching aspirations with available resources while thinking creatively about alternative revenue streams;
A person who values technology and understands the importance of leveraging technology in the service of teaching, learning, scholarship, and administration;
Strong attention to detail, and ability to work in a fast-paced ever-changing environment;
The ability to coordinate a variety of tasks simultaneously, and handle tension and stress in a positive manner;
An interest in and commitment to diversity and excellence through inclusion;
A deep commitment to the mission, vision and values of the University; someone who lives aloha, pono, and kuleana; and
A commitment to the importance of collaboration and integrity in the handling of all matters.
Bachelor’s degree in business, finance, or related field; or advanced degree.
Minimum 15 years in progressively responsible senior financial positions.
Direct experience in the majority of discipline areas including: international finance and banking; budget management; restricted gift accounting; issuance and management of debt; funds investment; designing and operating strong financial models; research administration and grants; asset management; facilities operations; and financial compliance.
Given the executive leadership role and management of significant University resources, the CFO must have a credit history appropriate to that of an institution’s chief financial officer.
Advanced degree in business, finance, or related field.
Senior executive experience as a chief financial or business officer in a higher education and/or non-profit organization.
Licensed as a Certified Public Accountant (CPA).
Hawai'i Pacific University is an Equal Opportunity Employer committed to fostering a diverse, equitable environment in which faculty and staff can excel irrespective of race, color, national origin, sex, disability, age, genetic information, sexual orientation, gender identity/expression, marital status, or any other protected class covered by state and federal law. Hawai'i Pacific University encourages applications from veterans and individuals with disabilities. A pre-employment background investigation is performed on candidates selected for employment.