The Chief Financial Officer (CFO) reports to and works very closely with the Head of School (HOS) and is a member of the school’s leadership team and oversees and is responsible for all financial and operational activities. The CFO attends board meetings as requested by the Head of School, providing support to the HOS and reporting on a regular basis in preparation for meetings and assisting in developing and implementing strategic initiatives of the school. The CFO provides leadership and managerial oversight for the following areas: human resources, external contracts and consulting agreements, general legal issues and risk management, facilities, including long-term facilities planning, security, information technology, auxiliary and event services, business operations and any additional responsibilities deemed appropriate by the Head of School. The CFO coordinates closely with the division directors in regards to program budgets, ensuring that the school’s financial resources are prudently used and directed towards its core business (i.e., teaching and learning) as well as strategic growth of the program. In assisting with planning for budgeting purposes as well long-term financial sustainability, the CFO works closely with the Director of Development, the Director of Admissions, and the Financial Aid and Enrollment Director.
FINANCIAL PERFORMANCE, OVERSIGHT AND COMPLIANCE
Ensure the management of a fiscally responsible organization.
Oversee financial systems and procedures for monitoring expenditures to assure that fiscal activities comply with federal, state, and local legal requirements.
Maintain custody of funds, securities, deeds, bills of sale, insurance policies, contracts and other similar documents and instruments relating to business operations.
Oversee monthly reporting of financial performance comparing actual to budget; ensure timely execution of payroll. Be prepared to provide timely updates on financial status to the leadership team, the Board and other key stakeholders.
Work with Board Finance Committee to report on financials and attend all board meetings.
Collaborate with the Chair of the Finance Committee to set the agenda for the Finance Committee
Oversee and manage annual budgeting, auditing, and projections processes.
Procurement and asset management: negotiate, monitor and manage all external vendor relationships; oversee tracking of NRS assets.
OPERATIONAL OVERSIGHT AND PERFORMANCE
Oversee day-to-day responsibilities of the business office, including finance (accounting, payroll, budgeting, financial compliance, procurement, asset management) and human resources (policies/procedures, HR compliance, benefits, risk management).
Constantly look for opportunities to leverage financial and human resources to realize the school’s mission, program goals, and long-term financial sustainability.
Identify, develop, and implement operational process improvements that will support highly efficient and effective performance as NRS.
Staff management and development: recruit, hire, train, develop and manage all operations and business office staff and consultants under his/her supervision.
Oversee the operation and usability of facilities, IT and security departments and for responding to facilities, IT and security-related issues/supports as they arise to ensure that the operations of the school are uninterrupted.
Oversee all facilities related projects, including construction and other changes to the physical property.
STRATEGIC PLANNING AND EXECUTION
Collaborate with leadership in developing and implementing strategic initiatives, as laid out in school’s mission and strategic documentation.
A hands-on leader, who encompasses an entrepreneurial spirit/ is flexible, resourceful, and a creative problem solver.
Experience with multi-year projections and long-term financial planning
Ease working with board members, auditors, bankers, lawyers, investors, and developers (experience restructuring debt is a plus)
Possess solid technical, analytical, organizational, and administrative skills to develop systems and procedures, and is able to implement them effectively.
Demonstrate proven experience in finance, business, and operations management.
An undergraduate degree is required and an advanced degree is preferred. A CPA is preferred, but not required.
VALUES AND LEADERSHIP/MANAGEMENT STYLE
Operates with integrity -- always in the interest of the school.
Values team concept – shares responsibility for success, empowers others
Communicates directly, even if message is difficult; asks clarifying questions.
Maintains a generosity of spirit toward colleagues, assuming best intentions.
Strives for sustainability, beyond her/his personal tenure.
Proactive, continually looking for ways to avert problems and improve systems.
Always approaches challenges with a problem solving, forward thinking, mindset – asks for help.
Maintains calm demeanor in the midst of challenges.
Demonstrate trustworthiness in dealing with confidential matters.