Chief Financial Officer

Chief Financial Officer Howell, Michigan | Full-Time | Exempt Cleary University seeks a strategic and entrepreneurial Chief Financial Officer (CFO) to guide the financial strategy of a growing and rapidly evolving private university based in Detroit and Howell, Michigan. In recent years, Cleary has strengthened its financial foundation, doubled enrollment, and developed a distinctive reputation for accelerated degree pathways serving working adults.

These offerings have generated thousands of incremental enrollments with a 78% retention rate and a strong job placement rate, reflecting the strength of Cleary’s workforce-aligned model and its growing regional reputation. Reporting directly to President Alan Drimmer and serving as a key member of the executive leadership team, the CFO will work closely with the President to guide financial strategy, strengthen institutional planning and investments in financial systems, and support the university’s continued growth and innovation.

The successful candidate will join a nimble leadership team and help build the financial frameworks needed to support program expansion, national initiatives, and new strategic ventures, while ensuring that financial strategy remains closely aligned with Cleary’s mission of preparing career-ready graduates. Cleary enters this search during a period of continued strategic investment and institutional progress.

The University generates approximately $35 million in tuition revenue and is advancing a set of mission-aligned initiatives designed to expand access, improve outcomes, and strengthen its financial position, including: National expansion of Cleary’s accelerated programs in several major metropolitan cities and consideration of a for-profit entity to support growth Development of new schools and academic programs aligned with labor market trends Rollout of an innovative career development pathway model New philanthropy initiatives, including the development of a capital campaign Expansion of campus footprint These initiatives reflect the university’s commitment to disciplined growth and long-term financial strength.

The University's newly adopted strategic plan, The Fourth Wave, presents an opportunity for the CFO to lead financial transformation within a high-growth education model. As the institution scales its nationally expanding adult and online programs – already demonstrating strong revenue generation and retention – while reinvesting in a vibrant residential campus, the CFO will shape a dynamic financial architecture that balances growth, margin, and mission.

This role offers the chance to build sophisticated segment-level economics, optimize pricing and discount strategies across diverse student populations, and deploy capital in ways that directly fuel enrollment growth, program innovation, and long-term financial sustainability. The successful candidate will be a collaborative, hands-on financial leader who brings both strategic perspective and strong operational capability.

The CFO will serve as a trusted partner to the President and senior leadership team, thrive in a lean and entrepreneurial environment, and share Cleary’s commitment to practical, career-focused education for working adults and diverse student populations. This is an on-site position with the flexibility to be based at either Cleary University's main campus in Howell or its Detroit office at the Jefferson Hub (JHub).

Reporting directly to the President, the CFO oversees Budget, Accounting, Student Business Office, and Payroll.

KEY RESPONSIBILITIES

The Chief Financial Officer oversees all university budgeting, accounting, financial analysis, and financial reporting functions and ensures that the university’s financial statements adhere to generally accepted accounting principles (GAAP), working closely with external auditors. The CFO also oversees tax reporting and ensures that university operations comply with Internal Revenue Service (IRS) regulations and applicable State of Michigan requirements.

In addition, the CFO develops and implements policies, standards, and procedures related to the university’s financial operations and ensures appropriate legal and regulatory compliance. Candidates for the CFO position will also be expected to: Serve as a strategic partner to the President and executive leadership team in aligning financial planning with institutional priorities, program innovation, and long-term growth initiatives Develop and monitor financial models, analyses, and interpretation of statistical and accounting information to assess operating results Oversee the University’s system of accounts and records on all University transactions and assets Coordinate and direct the preparation of the budget and financial forecasts Establish major financial objectives and policies for the institution and prepare reports that outline the University’s financial position in the areas of income, expenses and earnings based on past, present and future operations Collaborate with advancement leadership to support evolving philanthropic efforts and ensure strong financial infrastructure for future fundraising initiatives KNOWLEDGE, SKILLS, AND ABILITIES Knowledge of university administration and the principles and practices of financial management Strong analytical, problem-solving, and organizational skills, with the ability to manage multiple priorities and complex tasks simultaneously Experience with automated accounting systems and financial reporting tools Ability to build effective working relationships with diverse stakeholders across the university Demonstrated leadership ability, including supervising staff, delegating responsibilities, and fostering a collaborative team environment Strong written and verbal communication skills Ability to exercise sound judgment, maintain a high level of confidentiality, and uphold institutional policies and priorities Demonstrated ability to connect financial strategy with institutional mission and student outcomes MINIMUM QUALIFICATIONS Bachelor’s degree in finance, business, accounting, or a related field Minimum of five (5) years of professional experience in accounting or financial management in progressively responsible positions within a higher education institution; Or Five (5) years of progressively responsible leadership experience in financial planning, budgeting, and financial operations PREFERRED QUALIFICATIONS Master’s degree in finance, business, accounting, or a related field CPA certification About the Institution Cleary University is a private institution founded in 1883 with a long-standing commitment to innovation, applied learning, and entrepreneurship in business education.

The University offers associate, bachelor’s, and master’s degree programs designed to prepare students for immediate and sustained success in a rapidly evolving workforce. Cleary's main campus is located in Howell, Michigan, with a growing presence in Detroit through its education center and offices at the Jefferson Hub (JHub).

Together, these locations position the University to serve distinct student populations, develop regional partnerships, and engage with the broader Southeast Michigan business community. At the core of the academic experience is The Cleary Mind™, a distinctive, data-informed curricular framework focused on developing eight attributes most valued by employers: critical thinking, problem solving, ethics, creative thinking, communication, persuasion, entrepreneurship, and leadership.

Fully integrated across the curriculum and co-curricular experience, The Cleary Mind™ reflects Cleary’s commitment to aligning academic programs with workforce needs and ensuring graduates are prepared to succeed and lead in dynamic organizational environments. Cleary serves a vibrant, career-focused student population, including traditional undergraduates as well as working professionals pursuing hybrid and fully online programs.

Traditional undergraduate students may live in university residence halls, off-campus housing, or commute from home. The University’s emphasis on small class sizes, personalized support, and strong industry alignment fosters meaningful student engagement and career readiness. Cleary’s athletic teams, known as the Cougars, are an integral part of campus life, competing at the NAIA level as a member of the Wolverine-Hoosier Athletic Conference.

Learn more about Cleary University at www.cleary.edu. Living in the Area With locations in Howell and Detroit, Cleary University offers access to two distinct communities within Southeast Michigan, providing a wide range of residential, professional, and recreational opportunities. Whether drawn to the charm of a smaller community or the energy of a major metropolitan area, candidates will find diverse options for living and working in the region.

Cleary's main campus is in Howell, Michigan, part of Livingston County, one of the fastest-growing regions in Southeast Michigan. Situated between Detroit and Lansing and within easy driving distance of Ann Arbor, Howell offers highly regarded schools, family-friendly neighborhoods, abundant outdoor recreation, and a revitalized historic downtown with restaurants, arts venues, and year-round events.

The area combines small-town character and natural beauty with convenient access to major employers, educational institutions, and regional transportation. Cleary's Detroit office is located at the Jefferson Hub (JHub) in Midtown, providing a professional workspace in the heart of Detroit's business, educational, and entrepreneurial community.

Detroit offers a vibrant urban lifestyle with nationally recognized cultural institutions, professional sports, diverse residential neighborhoods, and a thriving restaurant and entertainment scene. The broader metropolitan area offers a wide range of suburban and urban living options, along with access to major employers, universities, and an extensive professional network.

Learn more about the region at www.livgov.com and www.visitdetroit.com. To Apply To be considered, you must apply directly at: https://acesrch.applicantstack.com/x/detail/a21esjy30qw5 Applications will be reviewed as they are received and should include a cover letter and curriculum vita. Ideally cover letters should not exceed two pages.

All applications are treated confidentially. Inquiries, referrals, and nominations are also treated confidentially. Inquiries and questions: Please send to ClearyCFO@acesrch.com Nominations and referrals: Please send the nominee’s name, title, and contact information if available to nominations@acesrch.com Institutional Information Cleary University is committed to being a workplace that is not only free of discrimination, but one that genuinely fosters inclusion and belonging.

Cleary strongly believes that workforce diversity creates an environment in which its employees can thrive. Cleary understands and embraces the variety through which people gain experiences whether through professional, personal, educational, or volunteer opportunities. Cleary University is proud to be an equal opportunity employer.