College hires CFO
A local college has named its new chief financial officer.
Aquinas College said yesterday it hired Lisa VanDeWeert for the CFO and EVP role.
As a member of the president’s leadership cabinet, Aquinas said VanDeWeert is responsible for providing leadership for a number of areas: accounting, finance, business administration, information technology services, human resources, physical plant and outsourced operations, such as campus dining services and the bookstore.
The role is designed to bring "strategic guidance and managerial support" to the college’s operational functions.
Aquinas said VanDeWeert will oversee the college’s budget, including the month-end and year-end closing process, providing required financial reports. She is in charge of maintaining reliable cash flow projections to meet operating needs, including negotiating lines of credit, loan covenants, asset-based lending agreements, service agreements and other contracts for the college. She will also oversee college construction projects.
VanDeWeert comes to Aquinas from Rehmann in Grand Rapids, an accounting firm with 17 offices in Michigan and Ohio. There, she served as a CPA, supervising and reviewing audits and internal audits for a variety industries, including higher education and nonprofit.
Previously, VanDeWeert spent 15 years providing audit services for PricewaterhouseCoopers in Grand Rapids.
She holds a B.S. in accounting from the State University of New York at Oswego.
“Lisa’s extensive background in finance and accounting, along with her experience working with dozens of nonprofit and higher education clients makes her an excellent fit for Aquinas,” said Kevin Quinn, president, Aquinas College.
“The financial strength of the college is vital to our ability to launch new programs, build and maintain our facilities and ensure that we’re able to provide our mission for years to come.”