January 20, 2017 – New York University has retained Neumann Executive Search Partners to find its next chief financial officer. Principal and founder Liz Neumann and principal Amy Sugin are leading the assignment.
The senior vice president for finance and budget / CFO is the senior leadership position at NYU charged with the oversight of the finances of the university and for related operational and strategic planning responsibilities.
The incoming finance chief will have shared responsibility for the university’s comprehensive data warehouse and dashboards, and for the ongoing implementation, operationalization and expansion of NYU Service Link, a comprehensive online platform that provides integrated customer and client information and support to all areas of the university, including finance, HR, information technology, sponsored programs and student services.
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The chosen leader will be versed in business intelligence and the technologies and processes utilized in higher education that contribute to data-based decisions and to continuous process improvement in the pursuit of improved service quality, efficiency and ease of access to information.
The CFO will work collaboratively and in partnership with the EVP, the provost, the president, and the board of trustees to provide enterprise-wide leadership in the responsible stewardship of NYU’s financial resources to manage both an ambitious academic agenda and an increased focus on cost effectiveness and affordability. The leader will oversee the delivery of high quality services in a dynamic and complex environment characterized by a drive for continuous improvement and transformational change.
According to the position notes, candidates are likely to be culled from a slate of innovative leaders who can manage the execution of strategies, approaches, and solutions to address complex, multi-factor, and intricate financial issues for the university. They will have at least 10 years of progressive financial management experience within a multi-faceted and dynamic organization with significant time spent at the senior management or executive level.
Candidates also will have an understanding of revenue and expense trends and longer term resource issues in higher education as well as strong project management and continuous process improvement expertise with enterprise-wide systems. Experience in supporting governing boards, and in staffing committees or subgroups on matters of a financial, capital investment, or administrative nature is also a plus.
Founded in 1831 with a mission to be a center of higher learning that would be open to all, regardless of national origin, religious beliefs, or social background, New York University is today the largest private university in the U.S. and a leader in global education. Enrollment has grown to more than 50,000 students at three degree-granting campuses in New York City, Abu Dhabi, and Shanghai, and at study-away sites in Africa, Asia, Australia, Europe, and North and South America.
The search team at Neumann brings decades of experience recruiting senior level professionals to renowned colleges and universities across the U.S. It partners with clients to identify and attract leaders who are ready and able to help define and advance the mission and vision of the institutions they join. The firm is currently leading searches for Ithaca College, Emory University, Yale University, Northeastern University, and Clark University.
Ms. Neumann has nearly 30 years of experience in financial management, organizational consulting, and executive search. She leads searches in areas including business, budget, finance & administration, human resources, information technology, and strategy for higher education, medical, and research organizations.
Ms. Sugin has over two decades of higher education administration experience in enrollment management, program management, and international education. She recruits for a wide range of areas, including finance, budget, student affairs, international programs, enrollment management and academic administration.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media