Chief Financial Officer

Friends Community School (FCS), a Quaker progressive school for students in Kindergarten through 8th grade located in College Park, MD, is seeking an experienced leader and strategic thinker to serve as the Chief Financial Officer (CFO). The full-time, exempt position is open December 2025.

The Chief Financial Officer works closely with the Head of School, the Board of Trustees, and other key administrators to provide financial leadership and management of business activities informing strategic decision-making around finances, budgets, investments, capital expenditures, tuition and revenue, financial aid, audit, and other key business aspects of the School.

Specifically, the Chief Financial Officer manages and coordinates long-term financial planning, annual budget preparation, business reporting and filings, risk management, human resources administration, payroll, purchasing and contracting, financial aid management, accounts payable, accounts receivable, cash and investment management, and audit preparation. The Chief Financial Officer staffs the Finance Committee and other Board subcommittees as the need arises.

In addition to the responsibilities listed below, other duties or projects may be added by mutual agreement between the Head and Chief Financial Officer.

The Chief Financial Officer is expected to be familiar with Quaker processes and values. Employees are expected to participate actively in our community which is dedicated to the care and nurture of each individual.

ESSENTIAL DUTIES & RESPONSIBILITIES

Finance, Accounting and Budgeting

• Plan, organize and manage the Business Office.
• Establish policies, procedures, standards and strategies for areas of responsibility and maintain internal controls.
• Collaborate with the Head of School in long-term financial planning and preparation of the annual budget.
• Prepare periodic financial statements for the Head of School, the Board, and the corporate annual meeting.
• As a member of the Finance Committee and other committees as needed, provide financial reports and whatever other expertise is needed to enable those committees to meet their responsibilities.
• Oversee all accounting and general ledger activity, including monthly bank and other reconciliations.
• Review all accounts payable and process disbursements, and ensure cohesion with the approved budget.
• Ensure that the fixed asset and depreciation schedules are accurately maintained.
• Act as liaison between the School and the auditing firm and work with the Controller to prepare appropriate work papers for the annual audit.
• Prepare and submit data for annual surveys and compliance reports.
• Maintain property, casualty, liability, and other forms of insurance for the School.
• Manage banking, borrowing, investing, and construction-financing activities, and the School’s relationships with those entities.
• Collaborate with the Advancement office to appropriately process / document gift revenue; maintain records of net asset restrictions.

Enrollment

Human Resources

Risk Management

QUALIFICATIONS DESIRED and / or REQUIRED

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