Chief Financial Officer

3 weeks ago


Rhode Island, United States Oxenham Group Full time

Our client is an elite boarding and day school which offers a classical education infused with Catholic values. The school is known for its rigorous academics, comprehensive extracurricular programs, and commitment to nurturing future leaders. They are seeking a CFO who will be responsible for managing all financial aspects of the school and monastery, including accounting, investments, and banking, with a $21 million annual budget.

Minimum Requirements:

  • BS/BA in accounting with 7-10 years of experience, including leadership.
  • Experience in nonprofit accounting, financial compliance, cash management, and investing.
  • CPA or equivalent preferred.
  • Strong customer service skills and team player mentality.
  • Expertise in financial instruments, capital projects, and strategic financial planning.
  • Knowledge of Blackbaud Financial Edge or similar software.
  • Experience in independent schools is beneficial.
  • Proven ability to manage a team and negotiate contracts.
  • Flexible schedule for emergencies and special functions.
  • Support the Catholic mission of the School and Monastery.

Primary Responsibilities:

  • Collaborate with the Head of School and Board of Directors on strategic and financial planning.
  • Maintain nonprofit financial accounts according to standards.
  • Oversee Business Office staff and operations.
  • Provide strategic leadership and manage the School’s finances.
  • Manage relationships with banks and ensure funding compliance.
  • Oversee endowment management in line with strategic plans.
  • Work with external auditors for timely annual audits.
  • Handle school insurance and risk management programs.
  • Oversee employee benefit programs and rate negotiations.
  • Collaborate with Operations for efficient project and service cost management.
  • Manage tuition revenue, student accounts, and bookstore transactions.
  • Maximize revenue from summer programs and the hockey rink.
  • Promote transparent communication among staff, faculty, and administration.
  • Develop financial strategies compliant with laws and policies.
  • Seek alternate financing sources to support programs.
  • Ensure empathetic support from the Business Office for all constituencies.
  • Create and evaluate budgets and cost projections.
  • Approve payables and credit card expenditures.
  • Complete various financial surveys.
  • Negotiate and approve vendor contracts.
  • Provide financial services for the Monastery.

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