Reporting to the Head of School, the Chief Financial Officer (CFO) holds comprehensive responsibility for all aspects of the School’s financial management including oversight, strategies, fiscal policies, hiring, programs, and practices. The CFO will supervise other domains as assigned by the Head of School. Please look at our website to learn more about Washington International School; http://www.wis.edu.
The CFO will:
Report directly to the Head of School and will work closely with the Treasurer of the Board of Trustees and the Board’s Finance and Audit Committee and Investment Committee.
Supervise collaboratively the School’s Controller and other members of the financial team.
Work cooperatively as a member of the senior administrative team. The CFO will function as a financial coach for all senior administrators, assisting them with all aspects of their financial responsibility.
Manage relationships with external parties including financial consultants, auditors, investment advisors, bank representatives, as well as other advisors to assist in the organization’s financial and legal affairs.
Steward the organization’s resources effectively and, by the application of sound business principles, maximize the School’s resources and improves its operating efficiency.
The CFO will also enhance the School’s financial stability by developing, implementing and monitoring effective systems of financial control and decision-making.
Champion the budgeting process to ensure a high degree of financial literacy among all budget controllers.
Oversee the preparation of periodic financial statements for the Head and Board of Trustee.
Remain knowledgeable of emerging trends and their potential impact on the School’s future and its opportunity landscape. The CFO must be prepared to “see beyond the numbers” and provide vital business insights from a financial perspective. The CFO must have the ability to develop insights and communicate them to others on the leadership and governance teams.
Be a skilled project manager: developing project plans, communicating changes and progress, and completing projects on time and within budget.
Research, analyze, and present excellent benchmarking data that will advise all financial decisions.
Oversee other specific responsibilities including risk management, employee salaries and benefits, compliance with federal and state regulations, preparation of the annual
budget, and the development of a sustainable, multi-year financial model capable of ensuring the School’s fiscal stability.
Oversee coordination and activities of independent auditors for both annual financial statements and retirement plans.
Attend and support Board and Finance/Audit Committee (and relevant subcommittee) meetings.
The CFO will:
Have a thorough knowledge of accounting, reimbursement, financial compliance, cash management, contracting, purchasing, risk management, information management systems, investing, and business law. A CPA is preferred.
Have strong business acumen and a demonstrated ability to manage teams and vendor relationships.
Have had a minimum of 7-10 years of progressive senior responsibility in a complex financial environment comparable to that of the School. The CFO will be familiar with the particular qualities of a not-for-profit organization.
Have excellent oral and written communication skills and an ability to present data and ideas effectively to various constituencies.
Have a high degree of computer literacy including with accounting, presentation, and communications software.
Please send a cover letter addressed to Clayton Lewis, Head of School, a resume and list of three professional references.
This is an immediate opening.
Additional Salary Information: Salary is commensurate with experience, credentials and benchmarked against other independent school CFOs and internal salary bands. Excellent benefits.
Founded in 1966, Washington International School is a private, non-profit, PK-12 school profoundly committed to its mission: to provide a demanding international education that will challenge students to become responsible and effective world citizens. Serving its full capacity of 900+ students on two campuses, the school is multinational, multicultural, and multilingual.
The school’s challeng...ing international program draws on classroom-based research on pedagogical practices and curriculum design from renowned organizations such as the International Baccalaureate (IB); the Asia Society; and Project Zero, based in the Graduate School of Education at Harvard University. From Pre-Kindergarten through Grade 5 students follow the inquiry-based IB Primary Years Program; in Grades 6-10 they continue with a multidisciplinary and inquiry-based approach designed to enhance understanding and develop the skills and knowledge needed to succeed in the prestigious IB Diploma Program (DP). All students in Grades 11 and 12 are enrolled in the DP, which prepares them to take exams to receive the International Baccalaureate Diploma in addition to a WIS diploma. IB Diploma results are well above the worldwide pass rate, and WIS graduates attend highly selective colleges and universities.
Commitment to the intensive study of a second language is central, with Pre-Kindergarten and Kindergarten classes taught entirely in French or Spanish. All instruction in Grades 1-5 is “dual language” in English and either French, Spanish or Dutch. Chinese is offered beginning in Grade six. Typically, one half to three-quarters of WIS graduates earn the Bilingual IB Diploma. Upon graduation, approximately two-thirds attend American universities and one-third universities abroad.
The entire school community – alumni, parents, students, teachers, administrators and staff – are ardent advocates for international education. WIS has played a prominent role in setting a standard for a global perspective that many schools now emulate.
The school culture is highly egalitarian, with a strong emphasis on collaboration and understanding differing points of view. There is no typical WIS family: some households consist only of U.S. passport holders, others are all non-U.S. passport holders and many are a mix of nationalities. In addition to this global diversity, WIS also strives to achieve economic diversity: 14% of the students receive financial assistance.