AUGU S T 2021
T HE SE A RC H F OR
Chief Financial Officer
University of the Pacific C ALIF OR NI A'S P R I VAT E UNI V ER SI T Y OF C HOICE University of the Pacific is a nationally
in California’s state capital is home to the
ranked comprehensive university and
McGeorge School of Law, the new School of
California’s first chartered institution of
Health Sciences and an array of graduate
higher learning. Established in 1851, Pacific
programs while the renowned Dugoni School
has nearly 6,300 students and 10 schools
of Dentistry is based on the downtown
and colleges across three campuses in
San Francisco Campus. Pacific takes pride
northern California. The majority of students
in providing the highly personalized and
and the NCAA Division 1 athletics program
caring educational, social and residential
are based on the Stockton Campus, often
environments of a small college combined
cited as one of the nation’s most beautiful
with the choices and opportunities of a
college campuses. The Sacramento Campus
major comprehensive university.
Top 2%
14:1
In alumni earnings
Student/faculty ratio
(Georgetown University Center on Education and the Workforce)
#
18
Best Universities in the West (Wall Street Journal/Times Higher Education, 2021)
A B OU T PACIFIC
The University has three campuses— in Sacramento, San Francisco and Stockton—placing us in three of the most diverse and dynamic cities in the nation. University of the Pacific was established
rankings designate University of the
graduate and accelerated professional
in 1851 as California's first chartered
Pacific as a Top 100 national university
degree programs: Arthur A. Dugoni
institution of higher learning. It has a
and #18 Best University in the West.
School of Dentistry, College of the
history of firsts including California’s first music conservatory and California’s first university to open its doors to women. The university has three campuses— in Sacramento, San Francisco and Stockton—placing us in three of the most diverse cities in the nation with some of the fastest growing and most dynamic industries in the country. The Wall Street Journal and Times Higher Education
University of the Pacific’s mission is to provide a superior, student-centered learning experience integrating liberal arts and professional education and preparing individuals for lasting achievement and responsible leadership in their careers and communities. We strive to accomplish this goal through ten schools, offering undergraduate,
Pacific (natural sciences, social sciences, humanities, fine arts, performing arts), Benerd College (education), Conservatory of Music, Eberhardt School of Business, Graduate School, McGeorge School of Law, School of Engineering and Computer Science, School of Health Sciences, and Thomas J. Long School of Pharmacy.
Student Body Profile
873 Sacramento
4,692 Stockton
3,524 Undergraduate 1,645 Professional
1,094 Graduate
698 San Francisco ENROLLMEN T BY C AMP U S
52% Female
48% Male
7.9% 5.4%
0.3% 2.1% 37.10%
20.6%
UND ERGR ADUAT E E T HNICI T Y BR E AK DOW N Native American Asian/Pacific Islander Black/non-Hispanic Hispanic White/non-Hispanic Multi-ethnic International
22.8% GEND ER
23
3.7%
Unknown/Other
AV ER AGE CL AS S SI Z E
14:1
S T UD EN T/ FACULT Y R AT IO
Student Life Pacific students receive personalized education in small class settings, allowing them to form meaningful relationships with professors and engage deeply in their field of study. In addition, students at University of the Pacific enjoy a vibrant campus life, with activities and events for a diversity of interests, including: Student Organizations: more than 150 student-led clubs
Greek Life: 11 social fraternities and sororities, 15
and organizations on the Stockton campus alone, in addition
professional fraternities; Multicultural Greek Council
to professional organizations across our three campuses NCAA Division I Sports: 10 women’s teams and seven men’s teams, competing in the West Coast Conference Arts and Culture: theatre productions in Long Theatre, concerts in Faye Spanos Concert Hall, exhibitions in Reynolds Art Gallery, movies in the Janet Leigh Theatre
Student Government Arts & Entertainment: provides exclusive and fun activities for students such as TigerLands, Brickyards, off-campus excursions and more Guest Speakers: recent presenters include former Supreme Court Justice Anthony Kennedy, PBS NewsHour anchor Judy Woodruff, Seattle Seahawks head coach Pete Carroll, former
Athletic Recreational Activities: 11 active sport clubs,
Cisco CEO John Chambers, and Dr. Philip Ewell (music
variety of intramural sports
theory professor and author of “Confronting Racism and Sexism in American Music Theory”)
Our Values Our students come first in everything we do. Student impact is an important consideration in every decision we make.
We have high academic standards with a focus on teaching, scholarship and experiential learning. We invest in individualized attention and long-term relationships that build human potential. We are committed to learning from and enhancing our communities. We share a sense of purpose and pride in what we accomplish together. We respect all individuals and embrace the richness that our diversity brings to us as an educational community. We recognize and honor differences, creativity and bridging what is distinct to create an inclusive environment. We demonstrate integrity in our actions. We strive to always do the right thing and hold ourselves and others accountable. We demonstrate authentic respect for others and a willingness to engage in genuine discourse. We seek to establish common ground and ways to connect with others. We honor and value one another.
The Opportunity The Chief Financial Officer will report directly
and automation of Pacific’s back-end systems
to the President with direct oversight of Budget,
and financial reporting capabilities, working
Treasury and Investments, Payroll, Accounts Payable,
closely with the Vice President for Technology/
Financial Reporting, Procurement, Sponsored
CIO, as well as developing detailed and
Programs Accounting, Student Business Services
continuous one-year, three-year and five-year
and E-Commerce for the university. As cornerstone
financial projection scenarios, working closely
to a reorganized leadership structure designed to
with the Vice President for Enrollment.
streamline and improve strategic and operational excellence, the university is focusing the CFO role on
The new CFO will join a dynamic leadership
critical areas of finance and strategy and the Chief
team, led by President Christopher Callahan and
Operating Officer (COO) role on critical areas of
Provost Maria Pallavicini and that will include the
operations and strategy to significantly accelerate
current Vice President for Business and Finance,
progress in these respective areas. Among primary
Ken Mullen, who will take on the role of Chief
first-year goals of the new CFO will be an analysis
Operating Officer at Pacific.
Responsibilities Reporting directly to the President, the Chief
institutional catalyst, stimulating sound financial
Financial Officer will act as a strategic advisor
management practices across the organization
and work closely with the Provost, Chief Operating
that support both change and the achievement
Officer, Cabinet and Board of Regents to advance
of the strategic and financial objectives of the
the university’s mission, vision and values.
university. As an institutional leader, the CFO will oversee efficiencies and proper disciplines
The CFO will be responsible for the university’s
across the three campuses to ensure best
financial operations and charged with partnering
practices. The CFO also will serve as a role
with the President, Provost, and other members of
model for how to engage a variety of individuals
the leadership team to align Pacific’s resources
with different perspectives to develop creative
and strategic goals. The CFO serves as an
solutions to constrained resources.
Key Responsibilities •
Ensuring the financial and capital resources are
Advising the President, Provost and other senior
safeguarded, developed and managed wisely,
leaders on the optimal allocation and administration
deployed with integrity and aligned with the university’s
of the university budget, while proactively positioning
goals.
the university to best navigate a dynamic financial landscape that will include revenue diversification
Direct responsibility for proactive and strategic financial
strategies.
management of the institution’s financial reporting/ statements, internal financial controls, long-range
Preparing the metrics that will allow measurement of
financial risk models, including accountability for the
the success and ROI of the delivery models associated
annual operating and capital budgets, fiscal policies
with administrative, academic and student programs.
and procedures and the efficiency and effectiveness of financial systems.
Overseeing Pacific’s investment portfolios, cash management and fund managers.
Developing, evaluating and communicating short- and long-term fiscal strategies that align with established
Designing, managing, communicating and executing all
university goals.
aspects of the university’s debt strategy, consistent with strategic and capital needs and goals.
Developing and implementing short- and long- term institutional strategic financial planning related to
Representing the university to diverse external parties
budget and finance, cash resources and financial
including rating agencies and bondholders, the IRS,
reporting.
regulators, banks, insurance representatives and others. Performing fiscal analyses for legislative and universitywide initiatives. Partnering closely with the VP for University Advancement to project and monitor gifts for annual and capital purposes. In addition, partnering closely with the VP for University Advancement to negotiate gifts of appreciated property and/or gifts that are referred to the University Gift Acceptance Committee. Assist the President and Provost in providing regular updates to the campus community about the university’s financial resources and performance.
Position Qualifications MINIMUM
P R E FER R ED
•
•
A bachelor’s degree in
Experience as a financial and
Ability to articulate a vision
finance, accounting, business
collaborative leader who can
effectively to all constituencies.
or a related field is required.
navigate effectively across the
An advanced degree in
university.
a relevant field is highly desirable. Minimum 8 years of
Ability to crystallize complex financial information.
Ability to strategically analyze financial data and systems for
Experience with strategic planning
decision-making.
and multi-year financial planning,
increasingly responsible
with conceptual and strategic
financial leadership
Ability to develop and manage
experience, preferably in
relationships with diverse partners
thinking.
higher education.
within and outside the university
Ability to engage in constant
community.
financial strategic analysis.
Experience in designing optimal
Expertise in comprehensive, multi-
organizational structures for finance
year, capital and operating budget
teams and financial process re-
development and implementation.
engineering. Knowledge of a wide variety of Ability to manage both big picture
financing techniques, financial
and operational details.
analysis, endowment and debt management.
Comfort with delegating day-to-day management and decision-making
Ability to direct the funding
to others, and developing the
and capital structure activities
leadership skills of those managers.
and execute all capital market transactions.
Ability to build, motivate and inspire the financial team.
Ability to implement and manage strong communication programs with
Ability to build trust and develop
financial institutions, rating agencies
strong working relationships.
and bondholders.
President's House, Stockton Campus
Application and Nomination Process University of the Pacific has retained Korn Ferry, a national executive recruiting firm, to assist with this search. All nominations, inquiries, and application materials should be submitted in confidence to Korn Ferry. Korn Ferry will begin reviewing applications immediately and continue to accept applications and nominations until the position is filled.
Please direct all applications, nominations and inquiries for the position to the search firm at the contact information below:
Pacific-CFO@kornferry.com
University of the Pacific is an affirmative action and equal opportunity employer dedicated to workforce diversity. In compliance with applicable law and its own policy, Pacific is committed to recruiting and retaining a diverse faculty and staff and does not discriminate in its hiring of faculty and staff, or in the provision of its employment benefits to its faculty and staff on the basis of race, color, religion, national origin, ancestry, age, genetic information, sex/gender, marital status, military and veteran status, sexual orientation, medical condition, pregnancy, gender identity, gender expression, or mental or physical disability. The university will provide reasonable accommodations to individuals with a disability.
Sacramento Campus | 3200 Fifth Avenue, Sacramento, California 95817 San Francisco Campus | 155 Fifth Street, San Francisco, California 94103 Stockton Campus | 3601 Pacific Avenue, Stockton, California 95211 Pacific.edu