Chief Financial Officer
3 weeks ago
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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