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Associate Vice President for Financial Planning and Budget
Colby College
Founded in 1813, Colby College is a prestigious liberal arts institution located in central Maine. It consistently ranks among the top colleges and universities nationwide and offers an academic program that emphasizes the deep exploration of ideas. With a commitment to providing a global experience, research opportunities, and internships for all students, Colby prepares its students to be critical thinkers, proficient communicators, and responsible global citizens.
Under the leadership of President David Greene, Colby College has seen significant growth and progress. The number of applications has quadrupled, reaching over 19,000, and the Dare Northward campaign has raised its goal from $750 million to $1 billion. This campaign supports various initiatives, including the revitalization of downtown Waterville, academic partnerships, financial aid, and global experiences. With a strong endowment and generous financial aid program, Colby ensures that 46% of its students receive financial assistance, making the College accessible to a diverse and talented student body from around the world.
The Opportunity
Colby College is seeking an innovative, strategic, and collaborative leader for the role of Associate Vice President, Financial Planning and Budget (AVP). Joining at a pivotal moment in Colby’s ambitious growth plan for the next five years, the AVP will work closely with the finance team and other senior leaders in developing and managing the College’s institutional budget and cash management processes.
Working with the CFO, the AVP will be instrumental in developing adaptable and rigorous financial frameworks that support both bold investment strategies and the flexibility to adjust as circumstances warrant. This involves balancing Colby’s strong financial standing with the key risks associated with growth, accounting for the needs of existing programs, and leveraging a thorough knowledge of the trends facing higher education.
The AVP will administer the College’s $300 million annual budget, working with university leaders on budgets and strategies and ensuring that the financial structure supports institutional priorities.
This is a unique opportunity to help shape Colby’s financial future through rigorous planning, innovation, and leadership.
