Director of Finance and Accounting

2 weeks ago

Houston, Texas, United States The Joy School Full time
Title: Director of Finance and Accounting Reports to: Head of School

School Profile:

The Joy School is a K-8, non-sectarian day school for students with learning differences. Our mission is to prepare students with learning differences to return to traditional classroom settings by enabling them to reach their academic and social potential in a safe, supportive environment. Our unique mission creates a unique business model wherein students attend for an average of three to four years before returning to more traditional schools. The schools admits and "graduates" approximately 30% of its student body every year. Our best referrals come from other independent schools in Houston and over 80% of our students transition to independent schools.

Founded in 1997

students

70 employees

Class size: 6-8 students

Annual Operating Budget: $8.5 million

Tuition: $52,080

Summary of Position: The Director of Finance and Accounting is responsible for all financial aspects of the School, including accounting, budgeting, financial planning, audit preparation, risk management, and payroll and benefits administration. This role involves both high-level strategic work as well as day to day accounting tasks.

High Level Essential duties and responsibilities include but are not limited to the following. Other duties may be assigned.

  • Conduct and/or oversee day-to-day financial operations including full accounting activities; financial investments; payroll; benefits administration; purchasing, general ledger, etc.
  • Prepare timely financial statements for budgets, investments, and capital projects for reporting to the Head of School, Finance Committee, and Board of Trustees.
  • Develop, propose, and implement board approved annual operations and capital budgets; provide recommendations for tuition increases, financial aid budget, and salary increases for future years.
  • Ensure all expenditures are consistent with approved budgets and that any deviations are approved by the appropriate authority.
  • Establish and maintain internal controls and safeguards for all financial aspects of the School, including receipt of revenue, investments, and all expenditures.
  • Maintain comprehensive property and liability insurance programs to adequately protect the School's assets.
  • Maintain professional relationships with the School's banks, attorneys, auditors, insurance carriers, contractors, and accrediting organizations.
  • File required tax returns and ensure compliance with all tax laws and deadlines.
  • Coordinate and prepare financials and other schedules for annual independent audit process; interface with independent auditors to secure annual audit of the School's financial position.
  • Manage the financial aid process and work with families in need of financial assistance.
  • Ensure legal compliance and equitable administration of compensation and benefits packages to all employees; provide education to employees about all benefit programs.
  • Actively participate in ongoing risk assessment and management across all aspects of the School.
  • Supervise and lead direct report(s) to ever increasing ownership and independence in their respective roles via regular feedback, encouragement, and annual evaluations.
  • Assist in assessing the effectiveness of all programs, policies, and procedures.
  • Work in collaboration with other members of the administrative team for the benefit of the School as a whole, in any capacity necessary.
  • Contribute to a safe, supportive school environment for all constituents by acting with compassion and integrity in all situations.
  • Contribute to a positive school culture by building collaborative, collegial, and respectful relationships with colleagues and overtly supporting teachers, administrators, and the Board of Trustees.
  • Model the mission, philosophy, and goals of the School to all staff, parents, students, and the community. Ongoing accounting and HR responsibilities include the following:
    • Provide timely and accurate reports for all budget holders and communicate any concerns regarding budget challenges or delinquent accounts.
    • Manage the student billing system including tuition, tutoring, and summer school payments.
    • Prepare and make bank deposits.
    • Review all vendor invoices and enter all checks into the banking system.
    • Review and reconcile monthly vendor benefit invoices.
    • Perform monthly bank reconciliations.
    • Review semi-monthly payroll and prepare all related payroll management reports.
    • Coordinate employee onboarding process. Required skills: Proficiency with Excel and Quickbooks Meticulous attention to detail Bachelor's degree in accounting, finance, or closely related field. CPA and/or audit experience a plus. Private/independent school and/or non-profit experience preferred. Excellent written and verbal communication skills Customer service mindset Salary Range: $120,000+ Please send resume and cover letter to:

      Proficiency with Excel and Quickbooks

      Meticulous attention to detail

      Bachelor's degree in accounting, finance, or closely related field.

      CPA preferred.

      Private/independent school and/or non-profit experience preferred.

      Audit experience a plus.

      Excellent written and verbal communication skills

      Customer service mindset

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