Chief Financial Officer

1 day ago

Chicago, Illinois, United States Wolcott College Prep Full time

Job Title: Chief Financial Officer

Reports to: Head of School

The Exceptional Opportunity

Wolcott College Preparatory High School in Chicago seeks an inspiring Chief Financial Officer to lead our financial and operational strategy. The Chief Financial Officer reports directly to the Head of School and is an integral member of the senior administrative leadership team.

Wolcott College Prep Overview

Wolcott College Prep is a unique educational institution that offers an exemplary high school program for students with learning differences. Our expert faculty is dedicated to helping students gain self-awareness, confidence, and resilience as well as the academic, social, and communication skills to flourish in college and beyond.

Job Summary:

The Chief Financial Officer will work with the Head of School and the Board of Directors to create strategic and tactical plans to ensure the short- and long-term viability and prosperity of the School. Specifically, the CFO will design and manage the financials, human resources, facilities operations, and IT of the School.

Key Responsibilities:

  • Financial management, including budget preparation, financial statements, fund accounting, investment management, and financial reporting
  • Management of financial obligations such as leases, loans, contracts, and other transactions requiring a commitment of financial resources
  • Design and implementation of financial, tuition-related, and other business-operational policies
  • Act as lead for Wolcott vendors and maintain relationships with current and prospective vendors
  • Manage Purchasing, Accounts Payable, and Accounts Receivable
  • Create and review an annual budget and a five-year plan in collaboration with finance committee
  • Provide quarterly financial statements and present them to the finance committee
  • Manage the annual financial statement audit in collaboration with and review Form 990 for legal and regulatory compliance
  • Maintain tax-exempt status

Requirements:

  • Minimum of a Bachelor's degree in finance, accounting or a related field
  • Master's degrees in business or accounting and finance are preferred
  • Minimum of 5 years experience working in a finance or operations role and a minimum of 2 years in a management or leadership capacity

Working Conditions:

The Chief Financial Officer will work in a fast-paced office environment with a collaborative team. The ideal candidate will have excellent communication and interpersonal skills, with the ability to work effectively with diverse stakeholders.

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