Chief Financial Officer

YOUR MISSION

The Chief Financial Officer (CFO) plays a critical leadership role within the network to achieve financial sustainability by maximizing the use of available funds, assessing financial risk and opportunities, and creating cost efficiencies.

The CFO will play a lead role in the sustainability of the schools while managing finance, risk management, and payroll.

The CFO reports directly to the Chief Executive Officer.

YOUR RESPONSIBILITIESStrategy + Leadership

• Set financial strategic direction & drive toward organizational priorities across the network
• Set the vision, strategy, and metrics for the fiscal, budgeting, reporting, and auditing work
• Ensure financial strategies are integrated and aligned across functions that are specific and time-bound
• Communicate financial vision, strategy, priorities, and data to stakeholders
• Build, manage, coach, and professionally develop financial staff members
• Set clear short-term and long-term priorities that are data-driven
• Streamline effective systems and facilitate collaboration amongst school leaders
• Provide financial coaching and support for schools across the network

Finance & Business

• Annual planning and budgeting process for the network
• Data-driven financial reporting, operations, and accounting inclusive of updated budget and forecasting
• Annual auditing process
• Maintain compliance with financial documentation and regulatory reporting, including tax and TEA reporting as necessary
• Oversee bookkeeping processes, payroll, A / P, A / R, reconciliations, and monthly closing, payment collection, and recordkeeping
• Cross-collaboration with network senior leaders, HR / talent, fundraising efforts

Facilities and Real Estate Management

• Oversee the financial aspects of facilities management
• Develop and monitor costs associated with long-term facility planning
• Support district growth and development needs with infrastructure, facility needs, and real estate
• Ensure all compliance with state and local regulations

Procurement

• Evaluate capital purchasing needs with CEO
• Evaluate contracts / pricing for ongoing services and regularly-purchased products
• Maintain vendor relationships
• Ensure compliance

Risk Management and Controls

• Provide risk management analyses
• Maintain sound fiscal policies and continuously improve financial operations
• Establish and maintain robust internal controls
• Oversee and maintain appropriate insurance policies
• Manage annual insurance audit processes

Compliance

• Ensure compliance systems, staffing, and tools in place for annual and charter cycles
• Oversee staff managing federal and state grants
• Ensure compliance with applicable laws, regulations, and district policies

Collaboration and Stakeholder Engagement

• Work collaboratively with leadership, department heads, and school principals
• Serve as a key liaison to external stakeholders
• Engage with the community, parents, and other stakeholders to build trust and transparency

Partner School Financial Services

• Develop, maintain, and renew partner school contracts
• Perform or oversee services provided to partner schools

Finance / Business Team Talent Management

• Develop and execute differentiated professional development
• Manage and coach finance / business managers
• Collaborate with the talent team
• Coach and develop teams on core competencies

YOU HAVE

• A Master’s degree; preferably an MBA or master's in accounting, finance, or a related field
• 10 years of professional experience with at least 5 years in a finance-related position
• Deep understanding of basic accounting principles with knowledge of nonprofit accounting
• Knowledge of and experience preparing, overseeing, and administering large budgets
• Experience working in partnership with lenders, funders, and consultants
• Knowledge of the legal and ethical guidelines and obligations applicable to the position

COMPENSATION

• Competitive salary based upon credentials and experience ranging from $134,000 to $194,000
• The CFO can be based in either Austin, TX, or San Antonio, TX

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