Skip to Main Content

Director, Facilities Finance and Real Estate

Position Information

Position Information

Working Title: Director, Facilities Finance and Real Estate
Faculty Rank: Lecturer
Role Title: Professional Faculty
Posting Number: AP0170264
About Virginia Tech:

Virginia Tech is a public land-grant university, committed to teaching and learning, research, and outreach to the Commonwealth of Virginia, the nation, and the world. Building on its motto of Ut Prosim (that I may serve), Virginia Tech is dedicated to InclusiveVT—serving in the spirit of community, diversity, and excellence. We seek candidates who adopt and practice the Principles of Community, which are fundamental to our on-going efforts to increase access and inclusion, and to create a community that nurtures learning and growth for all of its members. Virginia Tech actively seeks a broad spectrum of candidates to join our community in preparing leaders for the world.

Position Summary:

Reporting to the Associate Vice President and Chief Facilities Officer (AVP&CFO), the Director, Facilities Finance and Real Estate, is responsible for the management oversight for all university real estate transactions, and the financial and business operations of the Facilities Department.

University real estate transactions include: acquisitions, leases, sales, license agreements, facilities use agreements, employee housing agreements, rights of way, and easements in compliance with state requirements and university policies. This position supports the AVP&CFO in the development of all off-campus real estate needs and strategy for the immediate and long-term requirements of university academic and administrative units. The university leases over 1.8 million square feet of space throughout various areas in Virginia, the United States, and internationally in Senegal and Switzerland with a leasing portfolio exceeding $36 million.

Facilities Finance includes budgeting and financial management, planning, and reporting, while assuring compliance with federal, state, university, and departmental policies, procedures, and regulations. Annual Education and General (E&G) budget responsibility is $25 million for Facilities and approximately $50 million in central university funds. Additionally, the position oversees multiple auxiliary and recovery budgets, including the Virginia Tech Electric Service (VTES), Capital Construction and Renovations (CCR), and the university’s Quarry, with annual budgetary responsibility of approximately:
• $100 million in capital construction,
• $35 million in renovations,
• $35 million with VTES, and
• $1 million with the Quarry.

This position has direct/indirect oversight of approximately 34 employees within the Office of Real Estate Management, Facilities Finance, Facilities Business Office, Facilities Warehouse, and VTES Business Office.

Required Qualifications:

- Advanced degree in Business Administration, Public Administration, Urban Planning, Accounting, or related field or Bachelor’s degree in one of these fields with extensive financial and/or real estate transactional experience.
- Experience with fiscal management, personnel administration, and business plan development to support key priorities and industry trends in a multi-function environment with annual expenditures between $100 and $250 million.
- Knowledge of the principles and practices of budget formulation, evaluation, and execution; accounting practices and procedures; and accepted business practices.
- Demonstrated leadership skills and significant work experience in a supervisory role of a business unit.
- Knowledge of and experience that demonstrates strong working knowledge of leasing principles, practices, and law including contract writing and interpretation.
- Significant experience negotiating agreements with demonstrated communication and negotiation skills with the ability to bring parties to a consensus.
- Experience preparing real estate financial analyses.
- Experience that demonstrates strong interpersonal, customer service, and organizational and delegation skills with the capacity to work effectively on multiple projects simultaneously in a diverse community.
- Excellent analytical and quantitative skills with knowledge of computer applications for data analysis and report development.
- Demonstrated proficiency in Microsoft Office applications (Excel, Word, and PowerPoint).
- Experience handling confidential and sensitive matters.
- Must have a valid drivers’ license and be able to travel to various properties to view sites, perform site inspections, and discuss client needs.

Preferred Qualifications:

- Master’s degree in Business Administration, Accounting, Business Development or related field.
- Relevant professional certification or credentials.
- Experience managing a multi-million dollar leasing portfolio and examining title reports, surveys, property descriptions, appraisals, and environmental surveys/reports.
- Previous work in higher education.
- Knowledge of Banner systems.

Employment Conditions: Must have an acceptable and safe driving record, Must have a driver's license check, Other (Describe Below), Statement of Economic Interest is required
Must have a conviction check: Yes
Describe Other:

- Additional hours or modified schedule may be required to meet the needs of the department.
- Some overnight travel may be required.
- This position meets the criteria for issuance of a mobile communication device (such as radio, cell-phone, I-pad, I-pod, pager, etc.). Devices issued are the responsibility of the employee and are to be returned in satisfactory condition upon separation of employment. Devices are to be used according to supervisor instruction and according to relevant policies.

Employment Comments:
How to Apply for this Job:

For a full description of the position and requirements, and to apply, please go to www.jobs.vt.edu, posting #AP0170264. Attach a resume, cover letter, and list of three professional references to the online application. Review of applications will begin on October 26, 2017 and continue until the position is filled.

Employee Category: Administrative and Professional Faculty
Appointment Type: Regular
If restricted or temporary, enter end date:
FLSA Status: Exempt: Not eligible for overtime
Tenure Status: Non-Tenure Track
Academic Year or Calendar Year: Calendar Year
Percent Employment: Full-time
If part time, enter Percent Time:
Pay Range: Commensurate with Experience
Location: Blacksburg
Department: FS - Finance
Location, if not Blacksburg:
Location Zip Code: 24061
Work Schedule: Monday-Friday, 8:00am-5:00pm
Job Posting Date: 09/26/2017
Review Begin Date: 10/26/2017
Job Close Date:
Restricted to university employees only? No
Equal Opportunity/Affirmative Action Statement:

Virginia Tech does not discriminate against employees, students, or applicants on the basis of age, color, disability, gender, gender identity, gender expression, national origin, political affiliation, race, religion, sexual orientation, genetic information, or veteran status; or otherwise discriminate against employees or applicants who inquire about, discuss, or disclose their compensation or the compensation of other employees, or applicants; or any other basis protected by law.

For inquiries regarding non-discrimination policies, contact the executive director for Equity and Access at 540-231-2010 or Virginia Tech, North End Center, Suite 2300 (0318), 300 Turner St. NW, Blacksburg, VA 24061.

Reasonable Accommodation Statement:

If you are an individual with a disability and desire accommodation please contact the hiring department.

Quick Link: http://listings.jobs.vt.edu/postings/80157

Supplemental Questions

Required fields are indicated with an asterisk (*).

  1. * How did you first learn about this job opening?
    • Chronicle of Higher Education - online
    • Chronicle of Higher Education - print
    • Higher Ed Jobs (www.higheredjobs.com)
    • Higher Education Recruitment Consortium - HERC (www.hercjobs.org)
    • Diverse Jobs (www.diversejobs.net)
    • Insight Into Diversity (www.careers.insightintodiversity.com)
    • Indeed (www.indeed.com)
    • Roanoke Times Online (www.jobs.roanoke.com)
    • Commonwealth of Virginia Jobs (www.jobs.virginia.gov)
    • Virginia Tech job site (www.jobs.vt.edu)
    • Facebook
    • LinkedIn
    • Twitter
    • Job Fair (please describe below)
    • Journal (please describe below)
    • Listserv (please describe below)
    • Newspaper - print (please describe below)
    • Professional Conference (please describe below)
    • From a friend/acquaintance not associated with Virginia Tech (please name below)
    • From a Virginia Tech employee/representative/recruiter (please name below)
    • Veteran related event/site (please describe below)
    • Virginia Employment Commission - VEC
    • Other Virginia Tech affiliated website (please describe below)
    • Other job board such as Simply Hired, Career Builder, etc. (please describe below)
    • Other - Not listed (please describe below)
  2. Please describe recruiting source identified in previous question (if applicable):

    (Open Ended Question)

Required Documents

Required Documents
  1. Resume/Curriculum Vita
  2. Cover Letter
  3. List of References
Optional Documents
  1. Other Doc