University Controller Opportunity – The University of Maryland, College Park:
The University of Maryland, College Park, seeks an exceptional individual with outstanding financial, accounting, operational, and interpersonal capabilities to join the University’s administrative and financial leadership team as the University Controller.
The successful candidate will be a strategic business professional, a thoughtful leader, and an open communicator who has successfully created client-centered environments that value operational effectiveness. The University Controller will have: a history of accomplishment with financial and accounting systems and business operations; proven experience with data management and analysis in a decision support capacity; the ability to develop, refine, and maintain financial systems in a complex organization; the ability to work with faculty and professional staff colleagues on all major accounting issues, and to build social capital and common purpose in a diverse community through effective collaboration, consensus building, and information sharing.
As a key member of the Chief Financial Officer’s leadership team, the University Controller will focus on strategic oversight and management of the University’s central accounting functions while serving as the University’s principal accounting officer. This position reports directly to the Associate Vice President for Finance, Chief Financial Officer and will oversee a team of approximately 60, which includes Accounting Services, Accounts Payable, Payroll, Property Accounting, Student Financial Services and Cashiering, and Financial Systems Control.
Founded in 1856, the University of Maryland College Park (UMCP) is the flagship institution of the University System of Maryland, and is one of the nation’s premier public research universities, ranking 22 among all public research U.S. universities. The faculty includes numerous Nobel laureates and Pulitzer Prize winners and is committed to social entrepreneurship as the nation’s first “Do Good” campus. With an enrollment of 39,083 undergraduate and graduate students, 9,000 faculty and staff, 352,000 alumni, the University is the largest in the state and in the Washington Metropolitan area. The University of Maryland has a clear vision of its role as a nationally distinguished public research university, and is committed to integrating its research and scholarship into teaching and service at all levels.
The university is a global leader in research, entrepreneurship, and innovation. UMCP has longstanding research strengths across a broad array of disciplines, and is one of only a handful of universities in the world to appear in the top 25 in Physics, Engineering, Computer Science, Business and Economics, Mathematics, Natural Sciences, and the Social Sciences, according to the Academic Ranking of Worldwide Universities. The University of Maryland has a $2.1 billion annual operation budget, including $450 million in external research expenditures, and an endowment of nearly $500 million.
Located inside the Washington, D.C. Beltway, the College Park area is growing with a dynamic combination of research facilities, start-ups, incubators, restaurants, retail and the arts and partnerships in the surrounding communities, UMCP is a modern land grant university that is driving job creation, innovation, and economic development throughout the region.
The University of Maryland is a member of the Association of American Universities and a founding member of the Atlantic Coast Conference athletic league. In late 2012, the Big Ten Council of Presidents/Chancellors (COP/C) announced unanimous approval for the University to join the Big Ten Conference, which is an association of world-class universities whose member institutions share a common mission of research, graduate, professional and undergraduate teaching and public service. Founded in 1896, the Big Ten has sustained a comprehensive set of shared practices and policies that enforce the priority of academics in student-athletes’ lives and emphasize the values of integrity, fairness, and competitiveness.
The Maryland Terrapins are strong and storied competitors, and the mascot, Testudo, is a Diamondback terrapin—prompting the slogan, “Fear the Turtle”. Five bronze Testudo sculptures are located prominently on campus, all with shiny noses because rubbing its nose is thought to bring good luck, particularly before exams.
In 2016, a pivotal legislative initiative formalized a strategic partnership between UMD and our sister school, University of Maryland, Baltimore (UMB). The University of Maryland Strategic Partnership Act of 2016 creates opportunities for the institutions to pursue programs and initiatives to leverage our complimentary academic and research strengths, and evaluate areas for administrative and academic collaboration.
The University System of Maryland:
UMCP is the flagship of the University System of Maryland, (USM) comprised of 12 institutions, two regional higher education centers, and a system office. USM provides access to a broad range of higher education opportunities, performs groundbreaking research, offers vital services to communities and individuals, and fuels economic and workforce development. As a public system of higher education, USM advances the State of Maryland and benefits all of society.
Wallace D. Loh, President
Wallace Loh became the 33rd president of the University of Maryland College Park, and professor in its School of Public Policy, in November 2010. President Loh’s priorities include strengthening educational excellence by emphasizing student opportunity and achievement; expanding innovation and entrepreneurship to make the university a major catalyst for economic vitality in the region and the nation; internationalizing the university by bringing the world to the campus and projecting the campus to the world; and adapting the public service values of the land-grant mission to enhance the quality of life of people of the state of Maryland.
Previously, he was Executive Vice President and Provost, The University of Iowa; Dean, College of Arts & Sciences, Seattle University; Director, Executive Policy Office and chief policy adviser to Governor Gary Locke, State of Washington; Vice Chancellor for Academic Affairs and Dean of Faculties, University of Colorado-Boulder; Dean, University of Washington Law School.
Born in China, Loh moved with his family to Peru. After high school, he immigrated to the United States and became a naturalized citizen. He graduated from Grinnell College with a B.A.; Cornell University, M.A.; Universiteit te Leuven (Belgium), graduate study; The University of Michigan, Ph.D.; Yale Law School, J.D.
Carlo Colella, Vice President for Administration & Finance, Chief Business Officer
Carlo Colella was named Vice President for Administration and Finance at the University of Maryland in June 2013. Prior to this role, he served as Associate Vice President and Chief Facilities Officer from 2011-2013. Colella joined the university in 1988 and has held progressively responsible positions in Facilities Management, including service as director of capital projects from 2002-2011. Prior to his career at Maryland, Colella worked as an engineer for five years. He earned B.S. and M.S. degrees in Civil Engineering from the University of Maryland and the University of California, Berkeley, respectively.
He is certified as a Professional Engineer and a LEED Accredited Professional. As chief business officer, Colella is responsible for the university’s business operations and 1,352 acre physical environment including nearly 14 million square feet of facilities. The division’s 1,200 staff ensures a safe, well-maintained and clean environment; facilitates planning for the future of the campus and manages construction; manages financial operations and provides business support services; and promotes partnerships with surrounding communities.
Paul S. Dworkis, Associate Vice President for Finance, Chief Financial Officer
Paul Dworkis has served as the Associate Vice President for Finance and Chief Financial Officer since his appointment in June, 2013. Paul is a member of the President Loh’s Cabinet and his responsibilities include the leadership of UMD’s university-wide finance, accounting and related business services. Specifically, Paul oversees the Office of the Comptroller, responsible for all accounting and financial matters of the University; Office of Financial Operations, responsible for the University’s budget processes and practices including the coordination with the University System and State, financial reporting, project management and management advisory services; Offices of Financial Systems Development/KFS and Financial Systems Control, which provides technical support for financial enterprise systems and the finance organization; the Department of Business Services, which provides numerous business functions including travel management, mail & delivery, record retention, and motor transportation services. Dworkis also shares responsibility with the Provost’s Office for the University’s Administrative Modernization Program, designed to study and implement financial and operational efficiencies and improvements for the campus.
Dworkis earned an M.B.A. in Accounting from the Zicklin School of Business at CUNY/Bernard Baruch College and a B.S. in Business Management from Fairleigh Dickinson University. Prior to joining the University of Maryland, he served as Associate Vice President of Finance and Administration for Columbia University’s Student & Administrative Services Division. Previously, he spent more than 25 years in the publishing business serving as the long time Sr. Vice President & CFO of Newsweek, Inc., where he was responsible for the world-wide financial operations as well as treasury, technology, real estate and facilities along with numerous other business functions. Prior to that, Dworkis worked at Time Inc. and also in banking at Manufacturers Hanover Leasing Corporation. He is a Certified Public Accountant and a member of both the American Institute of Certified Public Accountants and Financial Executives International. One of his proudest volunteer roles is serving as a current board member and long-time past President of a NJ-based school for children with learning differences.
The University Controller Opportunity:
Reporting directly to the Associate Vice President for Finance & Chief Financial Officer, the University Controller will have responsibility for leading a talented team to plan, develop, manage and enhance the central financial services that support the institutional, campus and system office needs. This position will have oversight of the policies, procedures, business processes and systems that assure the integrity of internal accounting, fiscal and business controls as well as compliance with applicable laws, policies and regulations for UMCP.
The University Controller will lead a team within the finance unit that will work competently and collaboratively to accurately record, summarize and report information in a timely, accurate, and efficient manner. The University Controller will develop and maintain the University’s financial accounting system to account for the receipt and expenditure of all funds and to report operating results in accordance with generally accepted accounting principles (GAAP), government regulations, and industry best practices.
The Controller will lead and facilitate innovative change, identifying ways to leverage the best use of the University’s resources while maintaining the institution’s high degree of stewardship in responsible and ethical management and accounting practices. Primary responsibilities for the Controller include:
- Provide accurate, timely, and relevant information, systems and services to university leaders, business officers, and financial managers in partnership with other members of the central financial leadership team, in order to monitor and control the financial resources of the university.
- With the CFO and Executive Director of Financial Operations, develop and provide strategic leadership to build a best-in-class financial operation.
- In partnership with Executive Director of Financial Operations, evaluate and recommend financial accounting and analysis models to support executive leaders in decision-making and analysis.
- Provide leadership and guidance to University executive management and business process owners in the interpretation and implementation of complex financial policy issues, laws and regulations pertinent to the University System of Maryland, State of Maryland, Federal Government and all other governing bodies.
- Maintain the highest quality services on behalf of and for the university community.
- Demonstrate success in managing, motivating, and developing high functioning teams; ability to provide leadership, accountability, and mentorship to create an environment that encourages high level service and quality work.
- Foster integrity, fiscal responsibility, and accountability while maximizing efficiency, accuracy, and productivity of the team.
- Through direct and frequent contact with University departments and central administrative units, assure excellent stewardship of university resources, and service needs are being met to support the teaching, research and service missions of the University.
- Provide strategic planning, management guidance, and support to senior staff in charge of functions for accounting services, payroll services, student financial services and cashiering, business services, and accounts payable to ensure compliance with generally accepted accounting principles and other regulatory requirements with a strong focus on continual process improvement and outstanding customer service.
- Provide functional leadership for the university’s accounting system including cross-functional collaboration within and outside the finance division to continually improve upon the functional requirements and services provided to and as needed by the campus, including advocating for the new procurement modernizing initiative already underway.
- Represent the University as the principal accounting officer with various constituent groups such as the University System of Maryland and the State of Maryland. Working in collaboration with UMB and other peers in the system, the University Controller will identify opportunities to improve administrative processes and systems.
- Provide oversight and management of reporting to external constituents including, but not limited to, GAAP financial statements, internal financial controls operations, IPEDS, and required tax filings.
Candidate Profile & Qualifications:
The University Controller will be a proven financial leader with progressively responsible experience related to fiscal affairs and have a successful record of financial and accounting management. The best candidates will demonstrate evidence of many of the following qualities:
- Bachelor’s Degree; Masters Degree preferred.
- Minimum ten (10) years of progressively responsible leadership in relevant financial areas in a similarly complex organization(s), including experience in a central control function overseeing multiple financial and operational areas.
- Proven expertise in implementing programs to support and foster excellent fiscal management; excellent problem solving, analytical and business skills; and strong project management skills to meet deadlines and work effectively with others.
- Demonstrated willingness to be a leader, ambassador and catalyst for change in a very fast paced, dynamic and decentralized environment, respecting all constituent groups using current and proven best practices for efficient financial operations.
- Highly developed interpersonal skills and political acumen to work effectively and collaboratively with a variety of internal and external constituencies. Demonstrated ability to elicit sustained involvement and collaboration from diverse stakeholders. Ability to motivate, develop, and lead others in the accomplishment of tasks, objectives, and missions, and to take the initiative in influencing events and policy decisions.
- Ability to present complex financial issues and ideas effectively orally and in writing to effectively present well-articulated analyses reports and issues appropriate for varied audiences including senior administration, deans, chief business officers, and directors.
- Functional knowledge of information technology and its appropriate use for effective and efficient delivery of administrative management services. Demonstrated success in deploying innovative technological solutions in a complex environment, and strong understanding of the use and potential of technology in the area of financial management.
- Extensive knowledge of the principles and techniques in higher education and/or governmental financial management practices and standards.
- CPA Certification Required
Beth Schaefer and Mo Lashendock of Koya Leadership Partners have been exclusively retained for this search. To express your interest in this role please submit your materials here. All inquiries and discussions will be considered strictly confidential.
The University of Maryland, College Park, (UMD) an equal opportunity/affirmative action employee, complies with all applicable federal and state laws and regulations regarding nondiscrimination and affirmative action; all qualified applications will receive consideration for employment. UMD is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, sex, pregnancy, gender identity or expression, sexual orientation, marital status, age, national origin, political affiliation, physical or mental disability, religion, protected veteran status, genetic information, personal appearance, or any other legally protected aspects of employment.
About Koya Leadership Partners:
Koya Leadership Partners is a national retained executive search and human capital consulting firm that works exclusively with mission-driven organizations, institutions of higher education and social enterprises. We deliver measurable results, finding exceptionally talented people who truly fit the unique culture of our client organizations and ensuring that organizations have the resources and strategies to support them. For more information, visit www.koyapartners.com.