Associate Vice President for Budget and Finance
Associate Vice President for Budget and Finance
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Job Description
APPLICATION INSTRUCTIONS:
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POSITION SPECIFICS
The Pennsylvania State University (Penn State) seeks a seasoned strategic and collaborative Associate Vice President for Budget and Finance (AVP) to join the Universitys Finance and Business leadership team. The AVP will play a key role in achieving Penn States strategic goals and have the opportunity to advance significant new initiatives by transforming and modernizing the Universitys budget and finance functions shaping culture and guiding critical decisions that impact longterm planning for the University.
Penn State is an internationally renowned public research university. With total research expenditures reaching a record high of $1.337 billion in FY24 the University is classified as a Research 1 institution and is a proud member of both the Association of American Universities and the Big Ten Academic Alliance. Penn State ranks 30th among U.S. public universities and 63rd overall by U.S. News & World Report for 2025. It is the premier public university and the flagship institution of Pennsylvania and is home to approximately 7800 faculty over 30000 staff and 89000 undergraduate and graduate students across its 24 campuses. Penn States 202526 operating budget is approximately $9.9 billion including a $2.9 billion Education and General budget.
The AVP will join Penn State at a pivotal moment in the Universitys history. Over the past two years the University has undergone significant changes to its budget model moving away from a traditional incremental approach to a datadriven flexible allocation system that provides a more dynamic responsive and strategic approach to financial management. Additionally the University has recently embarked on a multiyear shared services initiative which will provide highquality financial services streamlined processes and role clarity and professional growth for finance team members. The overarching structure of this new finance organization known as the Optimized Services Teams (OST) has already been established and will formally launch in Fall 2025 with the AVP playing a significant and immediate leadership role to ensure smooth implementation.
Reporting to the Senior Vice President for Finance & Business/Treasurer and Chief Financial Officer and serving on the Finance and Business Leadership Team the AVP will develop and implement comprehensive financial strategies that support Penn States mission strategic goals and core educational and administrative objectives. The AVP will provide universitywide leadership and strategic oversight in financial planning budgeting and data analytics in addition to prioritizing the continued rollout of the OST. The AVP will be expected to foster collaborative relationships with stakeholders and constituents across Penn States campuses and work with faculty staff and senior administration to establish implement and enforce policies standards guidelines and procedures designed to minimize the practical impact on University operations while maximizing the efforts of the Office of Budget and Finance.
The AVP will serve as a thoughtful strategic leader and key advisor for important university decisions. They will ensure that longrange strategic goals of the University are translated into highquality multiyear financial plans annual operating and capital budgets and associated forecasts. Working in partnership with academic and administrative leaders on each of Penn States 24 campuses the AVP will ensure the budget and supporting processes are helping to advance the Universitys mission and doing so in an effective and efficient manner. The AVP will also play a key leadership role in providing timely accurate highquality financial analysis to senior leaders at Penn State setting a new standard for the quality of budgeting and finance in higher education.
Experience and Education
Bachelors degree in accounting finance or related discipline; Masters degree preferred
CPA highly preferred
Minimum of 10 years of seniorlevel accounting finance and reporting experience with increasing levels of responsibility preferably in a higher education environment. Alternatively leadership experience within a highly decentralized nonprofit corporate or government setting
Prior experience serving at a large research university preferred
Interested candidates should contact Isaacson Miller directly
Penn State has retained Isaacson Miller a national executive search firm to assist in conducting this search. Screening of complete applications will begin immediately and continue until the completion of the search process. Inquiries nominations referrals and application materials should be submitted electronically to the Isaacson Miller website: CHECKS/CLEARANCES
Employment with the University will require successful completion of background check(s) in accordance with University policies. Due to the financial and fiduciary responsibilities of this position successful completion of a credit history check will be required in addition to standard background checks. This position requires that you operate a motor vehicle as a part of your job duties. A valid drivers license and successful completion of a motor vehicle records check will be required in addition to standard background checks.CAMPUS SECURITY CRIME STATISTICS
Pursuant to the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act and the Pennsylvania Act of 1988 Penn State publishes a combined Annual Security and Annual Fire Safety Report (ASR). The ASR includes crime statistics and institutional policies concerning campus security such as those concerning alcohol and drug use crime prevention the reporting of crimes sexual assault and other matters. The ASR is available for review here.
EEO IS THE LAW
Penn State is an equal opportunity employer and is committed to providing employment opportunities to all qualified applicants without regard to race color religion age sex sexual orientation gender identity national origin disability or protected veteran status. If you are unable to use our online application process due to an impairment or disability please contact.
Required Experience:
Chief
Employment Type
Full-Time
