Working with the Chief Operating and Financial Officer and other senior administration, maintains the financial integrity of the School. Directs and coordinates all financial operations including accounting and reporting. Monitors and maintains systems of internal control and safeguards the School’s assets. Provides, both internally and externally, reports of operations. Promotes a service-oriented operation while exercising prudent fiscal judgment.
Essential Duties and Responsibilities include the following (other duties may be assigned at any time at the discretion of the employee’s supervisor):
Supervision of accounts payable, accounts receivable, cash receipts, payroll (including pension payments), and investment and endowment reporting. Analyzes, recommends and implements appropriate policies.
Preparation of monthly financial reports, including standard operating budget versus actual results for department heads and senior administration. Monitors departments’ budget performance and provides forecasts of year-end performance.
Prepares and aggregates annual budget proposal from submissions across all units for the Chief Operating and Financial Officer. Leads review and trend analysis of all cost centers to ensure appropriate allocation, management and maximization of School’s resources in support of the residential school experience. Participation in all steps of discussion with department heads, approval by senior administration, and the Board of Trustees.
Serves as key resource for Chief Operating and Financial Officer assisting with:
Periodic reporting to the Board of Trustees, governmental agencies, creditors, senior administration and others.
School’s Audit and Risk Committee, coordinating meetings, drafting agendas and meeting minutes.
School’s 10 Year financial model, ensuring accurate and timely updates to meet the needs of the Finance Committee and senior administration.
Investments and cash management. Coordinates and oversees all aspects of investment accounting and reporting, endowment drawdowns with weekly and biweekly disbursement needs and short- and long-term cash flow management.
Primary liaison with the School’s auditors and investment consultants.
Plans and oversees all annual financial audits (financial and 403(b) plan). Keeps current on reporting changes of the Financial Accounting Standards Board (FASB). Informs senior administration of pronouncements that may have a material effect upon the School so that policies may be revised where necessary.
Oversees the accurate and timely completion and filing of the School’s 990 and 990T.
Internal control systems: Maintains effective controls over financial data. Oversees the property, plant and equipment records and control over disposals and transfers.
Restricted gifts and endowment income oversight: Supervises the accounting for restricted gifts, split-interest agreements, pledges receivable and endowment unit shares, ensuring funds are utilized in accordance with donor directives and maintains the integrity of funds.
Other duties as may be assigned at the discretion of the Chief Operating and Financial Officer
Qualification Requirements: Four-year degree in Accounting and Certified Public Accountant (CPA Required, MBA preferred). Knowledge of split-interest agreements and complicated investments.
5 -10 years’ experience.
About St. Paul's School
Founded in 1856 and affiliated with the Episcopal Church, St. Paul’s School is a co-educational college preparatory high school located in Concord, N.H. The 2,000-acre grounds are home to approximately 535 young men and women from 37 states and 18 countries. All students and the nearly 100 full-time faculty members live on the grounds. The School is accredited by the New England Association of Schools and Colleges as well as other nationally recognized agencies. In addition to its regular program for grades nine through twelve, St. Paul’s also offers the Advanced Studies Program each summer for academically talented New Hampshire high school juniors.