FUNCTION: Reporting directly to the Head of School, the Chief Financial Officer is the primary administrator for the school’s financial, business, and support operations.
DUTIES AND RESPONSIBILITIES:
Manage the financial affairs of the school within the guidelines established by the Head of School and the Board of Trustees.
Prepares annual operating budget for submission to Head of School and Board of Trustees. Oversees control of the budget upon its approval by the Board.
Supervise accounting and daily operations of the business office including but not limited to billing, collections, parent correspondence regarding tuition, payables, cash receipts, cash flow, maintenance of ledgers, payroll, financial statements and federal and state reports.
Manages risk at the School to ensure the safety of the faculty, staff and students in their use of facilities; ensures and maintains levels of insurance to protect the property and liability of the School.
Oversee school store, health services, facilities services and business office clerical staff.
Plans and monitors short and long term construction, renovation and maintenance projects; formulates and recommends policies and programs to establish and improve both deferred and preventative maintenance programs.
Provides monthly reports of expenditures for use by individual department heads within the school; prepares monthly operating statements for use by Head of School and Board of Trustees.
Develops and recommends policies and programs to establish and improve long-range financial objectives to Board of Trustees and Head of School. Researches and implements allocation of resources to achieve fiscal stability. Keep the school’s senior administration and Board of Trustees apprised of significant operational concerns on an ongoing basis.
Monitor school cash accounts, investment activities and act as custodian of all funds, securities and assets.
Assist the Head of School and Director of Human Resources with decisions regarding salaries and benefits for all personnel, including evaluation of staff.
In conjunction with Head of School, Associate Head of School and Director of Human Resources, review and coordinate legal issues with school’s counsel.
Work with the finance, audit, investment and buildings and grounds committees of the board of trustees.
Oversee the annual audit and implement recommendations.
Stay up to date on government and state regulations affecting the school.
Negotiate key contracts and expense agreements with vendors.
Serve on the senior leadership team and financial aid committee.
Serve as the school’s representative on the CAIS Commission on Business Affairs and Accreditation Commissions.
SKILLS AND ABILITIES:
Superior written and oral communication skills;
Excellent interpersonal skills; ability to collaborate widely with various constituencies throughout the School’s community including students, faculty, staff, parents and trustee members;
Meticulous attention to detail is required.
Executive level skills, with a strong business orientation, and a track record of working to goals and objectives, and measuring success in concrete and tangible ways;
Strong systems and strategic thinking capabilities, and a demonstrated ability to be a successful agent of transformation in support of his/her organization’s mission and goals;
Ability to develop and execute a financial vision for the School and to construct and execute an action plan to achieve short and long term financial goals.
The successful candidate must be comfortable shifting from tactical, everyday execution to high level strategic planning.
EDUCATION AND EXPERIENCE:
Bachelor’s Degree in Finance, Accounting or related field and 10+ years of senior strategic financial planning, risk management, accounting, budgeting, process improvement experience. MBA or Master’s in Accounting strongly preferred. CPA preferred.
Prior experience in managing and leading people.
Prior experience working in a non-profit setting, higher education or independent schools is preferred.
Additional Salary Information: Salary and benefits are competitive. Compensation will be commensurate with experience and qualifications. Candidate must be able to pass a criminal background check.
About Cheshire Academy
Founded in 1794, Cheshire Academy is a co-educational college preparatory boarding and day school serving students in grades 9-PG. Our student body, comprised of approximately 400 students from over thirty countries and fifteen states, has the opportunity to pursue the International Baccalaureate Diploma in grades 11 and 12. We challenge our students to maximize their potential by developing the confidence, character, and critical thinking skills that enable them to thrive as global citizens.
www.cheshireacademy.org/publications – to download the viewbook and view magazines.