MICDS has a rich and distinctive history spanning more than 150 years. A leader in independent education, MICDS is a college-prep, coeducational school for grades JK-12. Our mission is to help students discover their unique talents, preparing them for higher education and a life of purpose and service as an engaged citizen in our ever-changing world.
At MICDS, our collaborative, collegial and positive workplace culture drives our workforce and encourages overall employee wellbeing. MICDS is deeply committed to nurturing a diverse community: more than 39 languages other than English are spoken in our families’ homes; 30% of our students self-describe as students of color; and, 23% of our students receive 100% of demonstrated need in financial aid totaling more than $4.5M annually. We eagerly seek candidates who contribute to and thrive in inclusive communities.
The Chief Financial Officer (CFO) will work in close partnership with the Head of School to oversee all aspects of the School’s finances and operations and will have an energetic, collaborative, highly professional and mission-driven focus. Primary responsibilities include development and management of the operating budget, strategic financial planning, facilities management, risk management, and oversight of human resources and the technology program. The scope and scale of this role demands significant expertise and experience: our school has an annual operating budget in excess of $34M, and endowment of $110M, 1,240 students, 280 employees and a campus of 100 acres, with over 500,000 square feet under roof.
The CFO must be able to function at a very high, strategic level, while also attending to details and the day-to-day functioning of the School. S/he must be able to serve as a thinking partner with the Head of School and board leadership, modeling scenarios and projections, and evaluating the pros and cons of any initiative under consideration.
S/he attends all board meetings and serves as the administrative liaison, essentially the co-chair, for the following board committees: Finance and Audit, Facilities and Investments. This position reports directly to the Head of School, is a member of the Administrative Team and Crisis Management Team, and oversees six direct reports and four departments.
Develop and manage the annual operating budget of $34M and periodically report operating results to the Head of School and Board of Trustees.
Establish effective financial models and projections for strategic and long-term planning to ensure the long-term sustainability of the School and provide adequate resources for new initiatives.
Oversee the administration of the School’s banking and borrowing activities, ensuring compliance with Board policies and bond covenants.
Oversee the administration of the School’s endowment, implement investment decisions of the Investment Committee, and coordinate with the investment consultant, managers, and custodian.
Co-manage the financial aid program with the Director of Financial Aid.
Oversee day-to-day accounting functions and ensure timely financial reporting.
Establish appropriate internal controls to safeguard the School’s assets and monitor compliance.
Oversee the coordination of the independent audits of the School’s financial statements and the retirement plan.
Ensure that the School’s employment policies are fair and consistent for all employee groups.
Evaluate and benchmark staffing and compensation to ensure adequacy, reasonableness, and competitiveness.
Oversee the administration for the employee benefit programs.
Operations and Facilities
Oversee all school operations including technology, facilities, and campus security.
Oversee the food service program and manage the relationship with the outside vendor providing the program.
Develop and present recommendations for the improvement of facilities and grounds and oversee the implementation of approved projects. Oversee and coordinate the activities of architects and contractors for renovations or new construction.
Develop and maintain a long-term plan for renovation, replacement, and maintenance of the School’s facilities, grounds, and technology systems.
Manage risk to ensure the safety of employees, students, and visitors in their use of the facilities.
Ensure emergency management procedures and plans are maintained and communicated to employees and that adequate all school drills and procedures are performed throughout the school year.
Serve as the administrative liaison to the Finance and Audit Committee, Facilities Committee, and the Investment Committee.
Oversee risk management for the safety and security of personnel, plant, and operations including the negotiation and maintenance of the property, casualty and liability insurance profiles.
Ensure that the School is in compliance with all local, state, and federal reporting requirements.
Establish policies, procedures, standards, and strategies for all areas of responsibility.
Continually improve professional competence through offsite and onsite educational meetings, conferences and workshops.
Other projects and responsibilities may be added at the School’s discretion.
Job Requirements and Qualifications
Bachelor’s degree required; MBA or CPA preferred.
Ten plus years of financial and business leadership and experience on a senior administrative team.
Strong financial and managerial skills.
Excellent interpersonal, written and verbal communications skills.
Effective workflow management and acumen.
Demonstrated leadership and facilitative skills.
Excellent negotiator who is experienced in contracts and comfortable interfacing with legal team.
Skill and experience in managing and developing staff.
Strong proficiency in a variety of computer software applications; Excel, PowerPoint, Google drive, and financial information systems.
A high level of integrity, curiosity and warmth, an optimistic orientation to life, a strong work ethic and a good sense of humor.
A strong commitment to an innovative, non-sectarian, co-ed day independent school education.
Availability to travel for professional development and networking events.
MICDS offers employees a competitive and comprehensive benefits plan, including a generous 403(b) retirement plan where the School contributes 8% of salary with an employee’s 3% contribution; medical, dental and vision insurance; flexible spending accounts and long term care insurance; life insurance and short-term and long-term disability insurances; tuition benefit; access to a fitness center; and free lunch.
For immediate consideration, complete our online application athttps://applitrack.com/micds/onlineapp and upload a copy of your cover letter, resume and statement of philosophy. The statement of philosophy focus: how should mission driven organizations allocate resources and measure success.