Vice President for Business Affairs, Treasurer Search Prospectus

PB 1 OUR MISSION

The University of Findlay’s mission is to equip students for meaningful lives and productive careers.

VISION STATEMENT

The University of Findlay will become a leading Midwestern university characterized by the following three watch phrases: 1. Heartland Community; 2. Diverse Perspectives; 3. Transformative Experiences

2 The Opportunity

The University of Findlay (OH) announces a national search for a strategic financial leader to serve as the University’s next Vice President for Business Affairs, Treasurer. The successful candidate will be collaborative and have an entrepreneurial spirit and a good understanding of higher education. The vice president reports directly to the president and is a member of the University’s senior team. The vice president’s portfolio will include finance, facilities, endowment management, facilities scheduling and events, sponsored programs, professional services including the All Hazards Training Center, University stores, print shop and postal services. The VP staffs the following board committees: business affairs, building and grounds, investment, audit and architecture.

The new VP will join an institution with impressive momentum, an entrepreneurial spirit, a strong and collegial senior leadership group, and a culture of aspiration. In the last several years, Findlay has expanded and strengthened curricular and student programs, augmented enrollments, enhanced its physical plant, and heightened its sense of community on campus. Findlay is poised to continue its forward movement and to broadcast aggressively its dynamic profile as a comprehensive private university.

About the University of Findlay

The University of Findlay traces master’s degrees, and four doctoral and health management, and a its roots back to 1882 when it was degrees. A high premium is placed master of arts in rhetoric and writing. founded as Findlay College. The on experiential and service learning Professional degrees include a doctor institution changed its name to The at Findlay, and concerted efforts have of education, a doctor of pharmacy, a University of Findlay in 1989 to reflect been made to formalize relationships doctor of occupational therapy and a its growth in enrollment and the with businesses, schools, hospitals, doctor of physical therapy. breadth and diversity of its academic clinics and rehabilitation facilities in offerings, including newly instituted the region and nationally to enhance In addition to its traditional graduate programs. learning inside and outside the pedagogy, online learning thrives classroom. at Findlay. A degree completion Consistently ranked in the top tier program leading to bachelor of of Midwestern universities in U.S. Each college at the University of science degrees is available entirely News & World Report’s “America’s Findlay has a unique population of online in business management and Best Colleges,” the University has students, as well as its own distinctive environmental, safety and health also been regularly recognized as academic programs. Renowned management. The MBA, master one of the region’s best by Princeton programs include equestrian studies, of arts in education, doctor of Review and Victory Media Inc. named pre-veterinary medicine, nuclear education, PET/CT program, and the University to its Military Friendly medicine technology, occupational master of health informatics and Schools list in 2017. therapy, pharmacy, physical therapy, master of science in environmental, and physician assistant, as well safety and health management also In 2015, the University completed a as environmental, safety and are offered entirely online in addition significant capital campaign, raising occupational health management. to classes being held on campus. $53 million against an original goal of Nursing and sonography are the Findlay is a nimble, forward-looking $40 million. most recently established new university that continually adapts its undergraduate programs. programs and teaching methods. University of Findlay cultivates the potential within each student through Graduate programs include a Findlay’s 338 full- and part-time academic excellence, transformative master of business administration, faculty members’ sustained primary experiences and a supportive a master of arts in education, a commitment to personalized community that is grounded in master of arts in teaching English teaching and learning permeates the Christian faith. The breadth as a second language (TESOL) campus culture. Alumni and current of its curricular offerings reflects a and bilingual education, a master students alike cite close relationships longstanding spirit of innovation of athletic training, a master of with faculty members as hallmarks and entrepreneurship. Through its physician assistant, a master of of their educational experiences six colleges, Business, Education, science in applied security and at Findlay. Many faculty members Health Professions, Liberal Arts, analytics, a master of science in oversee internships and independent Pharmacy and the Sciences, Findlay health informatics, a master of studies. Most also serve as academic offers nearly 60 majors leading to occupational therapy, a master of advisors, and advisees may be those baccalaureate degrees and offers 10 science in environmental, safety concentrating in a field offered

2 3 through the academic division, students from more than 35 (GMAC). Both equestrian teams first-year students or others who are countries. Distinctive partnerships are members of the Intercollegiate still undecided about a major field. with University West in Sweden, Horse Show Association. The men’s Findlay’s student-to-faculty ratio the University of Applied Sciences in basketball team captured the NCAA is 16:1. Many faculty are actively Austria, Rakuno Gakuen University Division II national championship engaged in scholarship and research and the Kake and Junsei Educational in 2009 and made it to the Sweet activity as well as the supervision Foundations in Japan, RAK College of Sixteen in 2017. The English and of undergraduate and graduate Pharmacy in the United Arab Emirates western equestrian teams have won a research. Lively and frequent and others have contributed to lion’s share of national championship interaction between students and Findlay’s international appeal. titles between them. Findlay also faculty is fostered and cherished. offers a range of club sports as well as Findlay’s students are highly engaged 25 intramural sports to help keep the Findlay’s academic calendar includes in the life of the University. Students competitive spirit alive on campus. two 15-week semesters, late August may participate in any of over 100 through early December and mid- organizations, including special In addition to balancing their co- January through early May, and a interest clubs, student media, curricular involvement with their summer session. The online courses student government, performing studies, many Findlay students are offer a nimble, 8-week terms, with five arts groups, service clubs, academic also juggling part- and full-time enrollment starts a year. honorary organizations, spiritual life employment and significant family groups, and Greek sororities and responsibilities. Findlay students fraternities. The fine arts flourish on are well regarded for their sense of Enrollment & Student Life campus through a variety of theatre purpose, determination, and work productions, art exhibits and vocal ethic. All students, whether traditional More than 4,100 are enrolled at and instrumental music concerts that or non-traditional; residential, Findlay with 2,700 undergraduate offer creative outlets and training commuter or online; and full-time or students and 1,400 graduate for students, while serving as a part-time, are at the heart of Findlay’s students. Approximately 1,250 source of cultural enrichment for the commitment to excellence. students live in University housing. community. Those students not living on campus Findlay’s more than 29,000 alumni commute or live in affordable and The University of Findlay participates of record include an array of nearby off-campus housing. in 24 intercollegiate sports. A member entrepreneurs, educators, therapists, of the National Collegiate Athletic writers, artists, doctors, researchers, Findlay’s diverse student population Association (NCAA) Division II, The and business leaders. includes nearly 300 international University of Findlay competes in the Great Midwest Athletic Conference

4 The Campus and Its auditorium. Opened in August 2017, and University Equine Veterinary the University’s newest addition to Services, Inc. Just south of campus Facilities campus is the 75,000-square-foot is a University-owned 153-acre farm Center for Student Life and College housing the western riding and pre- Located in Findlay since its founding of Business Building. This building veterinary medicine programs. In more than 130 years ago, the features the new home for the 2009, the University dedicated the Dr. University has fostered excellent College of Business and expansive C. Richard Beckett Animal Science relations with its neighboring student gathering and leadership Building on this site, an impressive community. Fruitful “town/gown” development space. $3.7 million facility that has allowed relations endure and continue to room for growth of its premier animal enrich and support campus programs. Other campus expansion in the last science programs. The five-acre All The University’s grounds and two decades include five significant Hazards Training Center provides buildings, within a few blocks of the new buildings and the acquisition hands-on simulations for students, center of town, are attractive, well of the former Owens Community industry and government agencies maintained, and safe. College Findlay-area campus. involving emergency planning and A significant 42,000 square-foot response. The 30-acre Olive Street There are 76 acres at the main addition to the Davis Street Building Wilderness Area is a well-utilized campus, which includes academic, was added, greatly enhancing the nature preserve, and the 55-acre administrative, and athletic environment for science education at Rieck Center for Habitat Studies buildings, eight residence halls, Findlay. serves as a biology field station. 19 townhouse units, 21 cottages, and a number of facilities housing In addition to the main campus faculty and staff offices. The focal Finances resources, the University operates point of Findlay’s main campus is a 42-acre facility on the east side Old Main. Constructed in 1883, it The University of Findlay has a of town, the James L. Child, Jr. is the University’s oldest building strong balance sheet, increasing net Equestrian Complex, containing the and houses classrooms, faculty assets and clean audits. Its operating English equestrian studies program and administrative offices, and an expenses in FY 2016 totaled $89.4

The Greater Findlay Region

The greater Findlay region is an ideal place to live and work. It is located approximately 40 miles south of Toledo and one- and-half hours from Columbus, Dayton and Detroit. Known as a cooperative and innovative community, it possesses an attractive and supportive business culture, a strong public school system, and a rich array of outdoor and cultural activities in which to engage.

Fifteen high-profile Fortune 500 companies have chosen to locate in this well-established “micropolitan” area. Marathon Petroleum Corporation and Cooper Tire and Rubber Company call Findlay home, and Whirlpool Corporation and Cardinal Health also have significant operations here. In addition to the many U.S.-based companies, seven Japanese companies, two Canadian firms, and three German enterprises are located in Findlay’s world-class business and industrial parks.

BizJournals.com has identified Findlay as one of the top 40 “Dream Towns” in the U.S. for its strong economy, moderate cost of living, well-educated population, manageable traffic, and ease of access to many urban centers. Findlay/Hancock County has been ranked among the best micropolitan communities in the nation for new and expanding facilities by Site Selection magazine. In addition, Ohio Magazine named the City of Findlay “Best Hometown in Northwest Ohio”. Findlay is the only city in Ohio to have been named one of the “100 Best Communities for Young People” for three years running by America’s Promise Alliance, an organization founded by Colin Powell.

One of the most affordable and respected health care systems in Ohio and a fine public school system also call the Findlay region home. Dozens of campgrounds, established attractions, eight public golf courses, hundreds of specialty shopping locations, and more than 3,000 acres of parks and recreation offer area residents an outstanding quality of life. Several major airports in Ohio as well as the Detroit Metropolitan Wayne County Airport in Michigan serve Findlay.

For more information on Findlay and its surrounding region, please visit www.visitfindlay.com and www.findlayhancockalliance.com. 4 5 6 million against unrestricted revenues close of FY 2016. More than 85% of live in on-campus housing. The of $93.7 million. Unrestricted net the University’s revenue comes from discount rate for new freshmen was assets increased from $90.4 million student payments. The University has 64% in fall 2015 and decreased to 58% in FY 2015 to $94.2 million in FY ended the year with surpluses from in fall 2016. 2016 and total assets increased from operations, including depreciation, for $134.4 million to $139.1 million. the last five years. In terms of fundraising, the University The University has an endowment raised $6.7 million dollars in FY 2017. of $38.1 million, Notes payable of Undergraduate tuition and fees In FY 2017, $318,000 of the total was $20.2 million, Bonds Payable of $14.5 are $33,320 and room and board is in support of the annual fund. million, and interest rate swaps at the $9,720. Approximately 1,250 students

The Role of the Vice President for Business Affairs, Treasurer

The Vice President for Business representing the university’s interests Increase Net Tuition Affairs, Treasurer serves as the to external constituents especially in University’s chief financial officer, the Findlay area. Revenue overseeing all matters related to The University operates in a very the financial management of the The VPBA will partner actively and competitive environment. Ohio has University. The vice president, creatively with the university’s other a plethora of public and private reporting directly to the president, senior officers, including: the vice colleges and universities. Findlay has is the primary steward of Findlay’s president for academic affairs to been able to increase its enrollment financial and physical resources. ensure funding and administrative in the face of this challenging Working in close partnership with the solutions to support the academic environment but it needs to remain president and her cabinet, the vice mission of the university; the vice ever vigilant to stay competitive president plays a central role in all president for university advancement and to increase net revenues from major undertakings at the institution. to support overall fundraising goals enrollment. The new vice president The vice president’s portfolio will and provide the infrastructure must be knowledgeable about include finance, facilities, endowment necessary to assure donors of the tuition pricing and discounting management, sponsored programs, stewardship of their contributions; and must partner with enrollment professional services including the All the vice president of enrollment management and other program Hazards Training Center, University management to develop enrollment directors to develop strategies to stores, print shop and postal services. and net tuition goals; and others to continue to increase enrollment move the agenda of the University and while maintaining/reducing the The vice president is responsible for forward. tuition discount rate over the long- providing the leadership and vision term. The new vice president must necessary to develop and oversee assist in the development of the prudent fiscal strategies that assure Challenges & Opportunities appropriate pricing strategies for the continued financial strength both undergraduate, graduate and of the University while moving the The University of Findlay presents other programs which the University University forward. The VP will be several exciting opportunities and offers which will support growth in net responsible for short and long-range challenges for the next vice president tuition revenue. financial planning and analysis, of business affairs. The new vice budget modeling, facilities planning, president will find a University that is risk management and investment on solid financial footing but one that oversight. The vice president is the is aware of the need for continued key liaison to the Board of Trustees’ improvements and new strategies to committees on business affairs, maintain and enhance its competitive building and grounds, investments, position. audit and architecture. The vice president is also a key player in

6 7 Develop Opportunities to Refine the Budget Process of customer service is sustained, while reviewing the division’s policies and Increase Revenue in Other and Develop a Budget procedures. The vice president must Areas of the College Model work with the division to increase and enhance its use of technology in all The new vice president needs to have The new vice president will be areas. an entrepreneurial spirit. S/he needs charged with developing a budget to provide the appropriate incentives model that allows for scenario and infrastructure for faculty and planning and will be able to provide staff to develop new programs which both short and long-term financial Gain Trust and can provide the University with outcomes. The new model should be Communicate Effectively additional revenue. In the Business incorporated into a revised budget with the Campus about Affairs division, the vice president process which the vice president Financial Issues should work to increase the net should develop with the president revenue provided by events, summer and the cabinet. The process The new Vice President for Business programs, University stores, hazards should provide transparent sharing Affairs, Treasurer must be able to training, sponsored programs and of information and the ability to gain the trust of the campus and other activities. relate strategic priorities to financial communicate clearly and effectively outcomes. with all constituencies about finance and facility issues. S/he must Maintain Efficient, Cost be able to educate the campus Effective Operation of the Provide Leadership to the about the implications of various Business Affairs Division alternative strategies in a clear and College transparent manner which promotes understanding and support for the The new vice president should The next Vice President for Business University’s directions. review all operations and systems Affairs, Treasurer must have excellent in his/her portfolio to ensure that management skills to lead the areas they are efficient and effective and that are in his/her division. The vice appropriately taking advantage of president needs to mentor and technological solutions. The new develop the staff, inspire them to vice president needs to ensure that do their best work and ensure that the college has the appropriate they continue as a high performing policies in place to operate efficiently team. The vice president needs to and fairly and that the policies and have a collegial style and be able processes are not more cumbersome to effectively communicate with all than necessary and are as paperless members of the division. S/he needs as possible. to be able to ensure that a high level

8 Qualities and Qualifications

The successful candidate will demonstrate unquestioned integrity, be an outstanding communicator, and possess strong and effective interpersonal skills that engender trust and cultivate collaboration. S/he will be an exceptional financial and administrative leader with superior analytical and management skills as well as experience in the use of financial management systems and a willingness to explore new opportunities for using technology. The successful candidate will be entrepreneurial in spirit, willing to think outside the box and take prudent risks. The new vice president will have an appreciation for the University’s close ties to its region coupled with experience creating partnerships with business and/or nonprofit organizations. S/he will understand the higher education landscape and the challenges that higher education is currently facing including an understanding of the sustainability issues that it is facing. The successful candidate will have the fortitude to make difficult choices when necessary and the ability to convey decisions with clarity.

The new vice president will be well versed in higher education finance and will be knowledgeable about the critical areas in the portfolio. S/he will have at least ten years of progressively increasing experience managing a large staff with diverse responsibilities and will have higher education experience. Experience in business, non-profits or other sectors as well as the “must have” higher education is desirable. A bachelor’s degree is required and a CPA, MBA or other advanced degree is preferred.

For additional information about the University, please go to www.findlay.edu.

8 9 Nomination and Application Process

Nominations and applications are invited for this position. Review of applications will begin immediately and candidate material received by October 1, 2017 will be assured full consideration although recruitment will continue until an appointment is announced. To apply for this exciting opportunity, send a UF Employment Application and résumé to:

University of Findlay Office of Human Resources 1000 N. Main St. Findlay, OH 45840 Requisition Number: 2017378 [email protected] 419-434-5976 (Fax)

The UF Employment Application may be found on the website at: www.findlay.edu/offices/business-affairs/human-resources/Open-Positions

The University of Findlay is an Equal Opportunity Employer/Affirmative Action Employer Male/ Female/Disabled/Vet.

1000 N. Main St., Findlay, OH 45840 | Findlay.edu