Senior Finance Manager

1 week ago


Miami, United States Bridgeprep Academy, Inc. Full time
Job DescriptionJob Description

Senior Finance Manager

Description:

  • The Senior Finance Manager will oversee functions critical to the campus’ success, including financial compliance, finance and business planning.

  • Provide strategic finance and accounting direction.


  • Develop and maintain multi-year financial forecasting, including annual staffing plans, detailed analysis of each revenue source and critical expense driver, pro forma financial projections, and financial health and sustainability targets

RESPONSIBILITIES  

  • Refine and lead compensation strategy to ensure a competitive force in the local education market

  • Support finance and other operations direct reports to develop next-level financial analysis and reporting -- building models and tools that allow for robust forecasting, scenario planning and real-time decision making, as well as developing an enhanced financial system

  • Build and implement a revised approach for revenue and cost allocation across teams to support better fiscal sustainability, including adequate protections, checks and balances against unforeseen fluctuations in revenues or costs; alignment with intended use of funds; clearer expectations; and appropriate incentives within teams

  • Develop and maintain compliance systems, grant processes and risk management

  • Ensure compliance systems are established for charter cycles such that fully complies with federal, state, and local legal and regulatory requirements

  • Oversee federal, state, and private/passthrough grants to ensure grants are secured, allocated, budgeted, tracked, and in compliance

  • Actively monitor encumbered grants and work with entities to ensure maximum benefit for students

  • Coordinate the provision of information to external auditors and ensure accuracy of data and information for the annual audit

  • Lead region-wide management of legal affairs, insurance, and other risk management strategies

  • Create and maintain organizational policies and administrative guidelines

  • Ensure bank reconciliations, financial reports, and state required information is accurate and submitted timely to external stakeholders

  • Review budget variances and report significant issues to management

  • Create and manage various financial reports to assist with budget and grant analyses

  • Conduct financial analyses as needed

  • Oversee annual and strategic planning process and monitor progress toward multi-year goals and strategic priorities

  • Participate in multi-year planning process to establish the region’s academic, talent, alumni success, community engagement and growth goals, strategies and financial sustainability

  • Oversee the annual planning process for all support service functions to clearly identify annual priorities, initiatives and milestones

  • Establish and implement the structures to progress monitor the annual plan

  • Manage the finance team, and collaborate with other departments and leaders on financial planning and process improvement

  • Manage and develop competencies of the regional finance team members

  • Serve as a thought-partner to school and regional leaders in all aspects of financial decision-making through strong budgeting processes, financial reporting, and analysis



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