SUMMARY: Reporting to the President and Librarian, the Vice President for Finance and Administration oversees the financial, general business, and occupancy functions of the Newberry. An officer of the corporation and the head of a Newberry division, the VP has responsibility for Finance and Accounting, Information Technology, Human Resources, Facilities and Facilities Security, revenue-generating Events, and the Bookstore. The VP serves as a member of the Library’s Senior Staff and works closely with the President and the Board of Trustees and relevant Board committees (Finance and Audit, Facilities, and Investment) in developing and implementing both annual and longer-term institutional planning and resource allocation, directing and administering the institution’s financial strategies and operations, pursuing many special projects, and sustaining effective day-to-day operations.
Manages and provides leadership for all departments within the Finance and Administration division;
Supervises the Controller, Director of Information Technology, Director of Human Resources, Facilities Manager and Chief Security Officer, Director of Events, and Bookstore Manager, ensuring that all departments meet their annual goals;
Leads and oversees the annual financial planning and budgeting process with appropriate input from the President, Senior Staff, and Board leadership. Conducts a thorough review of the annual budget with the Board to address questions and concerns and receive Board approval;
Oversees the development and delivery of timely and accurate financial reports to the President, Board, and Senior Staff to provide an effective understanding of the financial condition and needs of the Library;
Coordinates management of outside relationships, including but not limited to banks, investment advisors, external auditors, insurance brokers, and outside counsel as needed;
Manages debt and maintains debt covenant compliance with all banking partners;
Oversees all financial aspects of capital projects and provides information and counsel to the President and the Board on facilities projects;
Reviews all major contracts and facilitates legal review by outside counsel when necessary;
Serves as principal staff liaison with Trustees on the Finance and Audit, Investment, and Facilities Committees;
Completes special projects as assigned by the President, or, with the President’s consent, by members of the Board’s leadership.
Minimum of ten years of progressively responsible experience in financial administration with a successful record of accomplishment and effectiveness;
Bachelor’s degree in Accounting or Finance required, MBA preferred;
Proven experience with direct supervision of professional staff, including hiring and firing, evaluation, and training and development;
Strong communication, interpersonal, and teamwork skills;
Ability to work in an executive capacity to lead, influence, and participate in long-range planning efforts with Senior Staff and Trustees;
Blackbaud Software Suite (including Financial Edge and Raiser’s Edge) preferred;
Experience with not-for-profits preferred, but not required.
About Newberry Library
The Newberry Library, open to the public without charge, is an independent research library dedicated to the advancement and dissemination of knowledge, especially in the humanities. The Newberry Library acquires and preserves a broad array of special collections research materials relating to the civilizations of Europe and the Americas. It promotes and provides for their effective use, fostering research, teaching, publication, and life-long learning, as well as civic engagement. In service to its diverse community, the Newberry Library encourages intellectual pursuit in an atmosphere of free inquiry and sustains the highest standards of collection preservation, bibliographic access, and reader services.