The Vice President for Finance & Administration at Wellesley College

Wellesley College, a renowned liberal arts institution for women, relies on a robust and strategically managed financial foundation to uphold its academic excellence and vibrant campus life. At the helm of this vital area stands the Vice President for Finance & Administration, a key leadership figure responsible for overseeing the college's financial health and operational efficiency. This individual plays a multifaceted role, acting as a chief financial officer, strategic planner, and administrative leader all rolled into one. Their primary responsibility is the prudent management of Wellesley's endowment, operating budget, and capital assets. This includes developing and implementing sound financial policies, ensuring compliance with all relevant regulations, and providing accurate and timely financial reporting to the Board of Trustees, college leadership, and other stakeholders. The VP for Finance & Administration works closely with the President and other senior administrators to develop and execute the college's strategic financial plan. This involves analyzing financial trends, forecasting future needs, and identifying opportunities to maximize resources and support the college's academic mission. They are also responsible for developing and managing the college's annual budget, ensuring that resources are allocated effectively and in alignment with institutional priorities. Beyond financial oversight, this role encompasses a wide range of administrative responsibilities. This typically includes overseeing departments such as facilities management, human resources, information technology, campus safety, and auxiliary services like dining and the bookstore. The VP must ensure these departments operate efficiently and effectively, providing essential services that support the college's students, faculty, and staff. The position requires a strong understanding of higher education finance, including endowment management, budgeting, financial reporting, and regulatory compliance. Excellent analytical and problem-solving skills are essential, as is the ability to communicate complex financial information clearly and concisely to diverse audiences. Strong leadership and management skills are also critical, as the VP is responsible for leading a large and diverse team of professionals. Successful VPs for Finance & Administration at Wellesley College possess a deep commitment to the institution's mission and values. They are strategic thinkers, collaborative leaders, and effective communicators who are able to navigate the complex financial landscape of higher education and ensure the long-term financial stability and success of the college. They must also be adaptable and responsive to the changing needs of the college community, fostering a culture of innovation and continuous improvement across all administrative functions. Ultimately, they are responsible for safeguarding the financial resources that enable Wellesley College to continue its tradition of empowering women to make a difference in the world.