Chief Financial Officer (CFO)

Chief Financial Officer (CFO)

Ursuline School

1354 North Ave, New Rochelle, NY 10804

Founded in 1897, The Ursuline School is a private, independent, Catholic, college preparatory school for

girls in grades 6-12. Located in New Rochelle, New York, 20 miles north of Manhattan, it thrives on a

13-acre modern campus with state-of-the-art facilities. The School is part of a network of secondary

Ursuline schools and colleges across the globe. It is accredited by the New York State Association of Independent Schools and the New York State Board of Regents.

It is an active member of the NationalAssociation of Independent Schools and the International Coalition of Girls Schools. The School is best

known for its academic excellence, robust service and co-curricular opportunities, faith and spiritual development, and commitment to holistic education.

The Ursuline School seeks a strategic, experienced financial and operations leader to fill the Chief Financial Officer (CFO) position.

The CFO embodies, in all ways, excellence, integrity, professionalism, and a commitment to Ursuline's Mission. Reporting to the President, the CFO supports the School's Mission and strategic plan and will manage, implement and organize comprehensive financial, investment, and operational initiatives for the School.

Start Date : No later than 10 / 1 / 2023

Position : Chief Financial Officer (CFO)

Reports to : President

Compensation : $200,000 - $250,000 (salary commensurate with background and experience) in

addition to an extensive benefits package

Desired Qualifications, Education, and Experience

Bachelor's degree required; MBA or CPA preferred

Experience in an independent school setting is preferred

At least ten years of senior-level experience managing financial and accounting processes,

including preparing monthly and annual financial statements, developing budgets, financial plans, and cash projections; working with auditors;

overseeing bank and investment accounts and banking relationships; and approving contracts

Demonstrated ability to identify and manage risks and maintain appropriate financial controls,

policies, and procedures to control risk and ensure efficient financial functioning

Experience managing tuition billing and collections, financial aid awards, and scholarships

Commitment to confidentiality and the ability to manage information and financial discussions

with professionalism and empathy

Experience with donors and accounting for restricted and unrestricted donations

Experience serving on a senior administrative team and working with nonprofit boards

Experience in employee benefits management, including 403b plans and payroll processes

Demonstrated experience in the development of financial models and analysis to support strategic decision-making

Strong knowledge of not-for-profit and educational administration, accounting policies,

procedures, practices, and software programs

Experience managing facilities, information technology (IT), security, and other auxiliary

departments

Superb communication skills, including excellent written, verbal, and presentation skills

Ability to think and plan strategically and creatively and make sense of complex issues to solve

problems effectively

Ability to supervise, manage, and delegate responsibilities across multiple functions and activities

Ability to remain calm, flexible, and work effectively under pressure

Experience / commitment to supporting practices that promote equity and inclusion

Ability to undertake professional responsibilities with a high degree of honesty, authenticity,

transparency, and integrity

Job Responsibilities

Supports the School's Mission and strategic plans by providing School-wide strategic leadership to implement and organize comprehensive business, financial, investment, and operational functions and initiatives for the School

Skillfully interprets and applies understanding of key financial indicators, including short and

long-term financial models, to make sound fiscal decisions

Oversees all financial reporting, including the development and approval of the annual operating budget, periodic reports of operating results compared to the budget, and cash flow analysis

Collaborates on all fiscal matters with the Board of Trustees, the Finance and Facilities

Committees of the Board, the President, and other administrators, including organizing meeting

agendas / materials and making presentations

Oversees the administration of the School's endowment; implements investment decisions of the Finance Committee; and coordinates with investment managers ensuring endowment allocations, performance, and reporting goals are met

In consultation with the President, develops and presents the annual budget proposal for Finance Committee review and Board of Trustees approval, including recommendations on annual student tuition and employee salary increases

Evaluates the functions of the Finance Office, including the performance of staff, and develops

goals and systems to ensure optimal departmental performance

Oversees the annual financial audit and the filing of tax returns and all local and state reporting requirements

Oversees and manages all aspects of the payroll process, ensuring accuracy, compliance, and

timely disbursement of employee compensation

Oversees the benefits budget and negotiates with service providers (health insurance, retirement, and other related plans)

Partners with the Director of Admissions to develop the financial aid budget

Supports the Director of Philanthropy in the stewardship of major donors, ensuring compliance

relating to all gifts and donations to the School

Supervises School operations in the following areas : facilities, transportation, food service,

security, and Information Technology (IT)

Works closely with the President and the Director of Human Resources to examine school

policies and review relevant industry data to ensure the School's continued commitment to

competitive and equitable employee compensation

Forms and maintains relationships with banks, professional accountants, legal counsel, and

insurance companies

Files annual reports with New York State for reimbursement of Mandated Services and actively

pursues grants and other funding sources available to schools

Serves on the School's senior administrative team and leads or participates in other committees

Performs other duties as assigned by the President

The Ursuline School is an equal employment opportunity employer committed to hiring faculty, administration and staff of diverse backgrounds.

Our community promotes respect for individuals regardless of race, color, religion,

national origin, sex, age, disability, or any other state or federally protected classification.

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