Chief Financial Officer

Job Description

RESPONSIBILITIES

Financial Leadership & Management :

• Oversee and manage the school's overall financial health, providing the principal with regular updates.
• Serve as a member of the school Administrative Team and board Finance Committee, offering strategic financial guidance.
• Coordinate with outsourced service providers to ensure accurate and timely bookkeeping, payroll, and accounting services.

Budgeting & Financial Planning :

• Work with staff, department chairs, and administration to develop the annual operating can capital budget.
• Review and analyze financial reports prepared by providers, including budget-to-actual variance and cash flow projections for capital and operating accounts, and present them to the Board and principal.
• Develop capital and operating forecasts to support informed financial management decisions.

Financial Reporting & Analysis :

• Ensure the accuracy and compliance of financial statements prepared by outsourced providers.
• Monitor and analyze financial performance, offering insights and recommendations to the Board and administration.

Collaboration & Communication :

• Meet regularly with department chairs and heads of offices to discuss the status of budgets and financial matters.
• Partner with the advancement team regarding the collection of capital campaign pledge payments.

Year-End Closing & Audits :

• Coordinate with outsourced providers to ensure a smooth year-end closing process and the accuracy of financial records.
• Collaborate with the Board Treasurer and outsourced providers to oversee the completion of the annual audit and preparation of the annual 990 report.

General Ledger & Compliance :

• Maintain oversight of the General Ledger for the corporation, ensuring accurate financial record-keeping by outsourced providers.
• Ensure compliance with all financial regulations, including tax filings and audits, in collaboration with outsourced providers.
• Manage tuition assistance distribution and monitor tuition accounts, meeting with families as needed to address delinquent accounts.
• Coordinate with the Dean of Academics, Registrar, and Director of Enrollment regarding financial holds for re-enrollment or the release of transcripts.

Cash & Risk Management :

• Manage cash flow and investments, ensuring adequate liquidity and alignment with financial goals.
• Oversee risk management activities, including insurance coverage.

HR & Payroll Oversight :

• Ensure payroll and benefits align with financial strategies and comply with regulations.
• Manage all HR functions

QUALIFIECATIONS

• Degree in Accounting or professional training in financial management
• 5+ years of experience in financial management, with at least 2-5 years in a leadership role
• Knowledge and experience in 501(c)3 accounting, tax and finances, tuition programs, payroll, property tax, 990 filings, and capital project management
• Working knowledge of employment law, sound hiring practices, and administration of benefits
• Strong organizational skills
• Strong communication and collaboration skills
• Strong interpersonal and professional relationship-building skills
• Ability to maintain strict confidentiality
• Knowledgeable and supportive in word and action of the school's mission, vision and educational philosophy
• Implement mission of the school through witness
• Represent the school in a positive way on and off the school campus
30+ days ago