Tabor Academy is seeking a Chief Financial Officer, who serves in the school’s administrative structure as the Associate Head for Finance and Operations.
The Chief Financial Officer is responsible for all aspects of the school’s financial operations, and for establishing a tone and culture of financial and operational excellence at the school. Working collaboratively with the Head of School, the Board of Trustees and the Leadership Team, the CFO insures congruence between the financial and business operations of the school, and its mission, core values and strategic plan. The CFO provides school-wide leadership, analysis and management of the school’s finances, in addition to leadership of critical operational areas of the school, and establishes financial and operational strategies that enhance the value proposition of the institution. The CFO reports to the Head of School and is a member of the Senior Leadership Team. In addition, the CFO:
Establishes and maintains the organizational structure of the Business Office, and manages all operations of the office and staff.
Assures that standard and accepted accounting and bookkeeping practices are in place to allow a continuous record of the financial position of the school, and to assure the institution’s financial stability.
Is responsible for the timely preparation and distribution of all financial reports, and for assuring that the school is in full compliance with all legal requirements; provides support for and timely information to the Finance, Audit and Investment Committees of the Board of Trustees.
Oversees the school’s investments, in conjunction with the Investment Committee; all banking activities; payroll and benefits programs; school purchasing; the acquisition of bids for outside services of a certain level.
Maintains the school’s relationships with relevant financial institutions, the school’s legal counsel and independent auditors; reviews these relationships periodically; and secures an annual audit of the school’s financial records and position.
Establishes and manages a plan and schedule for the preparation of the succeeding year’s annual budget, in conjunction with the Finance Committee, including the setting of tuitions and other variables to allow for the approval of the Board at the winter meeting.
Manages operational elements of the school: Plant Operations, food service, the bookstore, summer and auxiliary programs, information and technology.
Leads efforts in risk management at the school, in conjunction with the Audit Committee, establishing emergency protocols and plans to ensure, as possible, the safety of all staff, students and visitors in their use of the campus; assures that appropriate levels of insurance are maintained to protect the school’s property and to cover the school’s liability.
Works with the Head of School to establish and maintain appropriate compensation and HR policies and guidelines for all personnel, and assures that evaluation processes are in place for support staff and non-faculty employees; periodically reviews and establishes staffing levels and needs.
Is responsible for timely upkeep and review of the Staff Handbook, and for portions of the Faculty Handbook.
In collaboration with the Associate Head for Faculty and School Affairs, oversees and is responsible for obtaining off-campus housing for faculty members entitled to housing allocations, and manages the leases and agreements associated with such properties.
Partners with the Advancement Office in the establishment and maintenance of accounting and other practices to enhance the work of the office and to steward philanthropic opportunities.
Partners with the Admission Office in enrollment management, and in the development of financial aid strategies.
Is responsible for the completion of annual surveys or other reports that are relevant to institutional bench-marking and data-driven decision-making.
Represents the school at ABOPs, and maintains and participates in other important professional associations.
Works with the Head of School to assure that positive relations with the Town of Marion are promoted and maintained.
Seeks and participates in opportunities for professional growth and networking that will allow him/her to be fully engaged in discovering, considering, pursuing and implementing, as appropriate, best practices in this role.
The CFO must be an accomplished financial and operational leader for the institution, one who understands and appreciates the balance between the business elements of the school and its educational purpose. The CFO must be a team-oriented collaborator, and an energetic and initiative-driven participant in an administration focused on aggressively advancing the school’s mission and vision.
Tabor Academy is a selective independent coeducational boarding and day school of 500 students in grades 9-12. Located on 87 acres of waterfront property on Sippican Harbor, the village of Marion in the southeastern corner of Massachusetts is under an hour’s drive from Boston and Providence. Established in 1876 to serve the children of Marion, Tabor today serves students from 20 states and 21 cou...ntries with broad socio-economic representation and a myriad of cultural and educational experiences.