Gould Academy seeks an experienced financial and business operations leader who can connect a high level of financial competence with the mission of the academy and who will be a strategic partner to the Head of School and the Board of Trustees. The Chief Financial Officer (CFO) will be committed to serving Gould’s mission and promoting its vision and strategy. The CFO will exhibit a personal style of self-management following Gould’s values and culture and that reflects collaboration, transparency, and inclusion. The CFO will be a proactive communicator and an independent and strategic thinker with a clear vision of their role as a leader. The CFO should bring an awareness of best practices and current regulations, have the ability to educate and engage with others in their implementation, and possess the ability to grow and adapt. The CFO must possess excellent interpersonal skills, a good sense of humor, personal warmth, and most important, embody Gould’s values and commitment to education. They should also bring an entrepreneurial spirit to their role in developing and managing auxiliary functions that support the mission of the academy.
The CFO is responsible for the planning, control accounting, and reporting of income, expenses, and contributed and invested funds of the school. They manage all activities designated as Business Office responsibilities, including physical plant and grounds, risk management and insurance, transportation, employee compensation and personnel policies, facilities leasing, and government compliance. This role oversees the directors of human resources, facilities, technology, and auxiliary programs, as well as the controller and the managers of the school store. This is a one-year position, through June 2020, when the school transitions to a new Head of School.
As a member of the senior administrative team, the CFO attends regular business meetings of the Board of Trustees in order to provide full, accurate, and complete management and financial information as necessary to assist the board in meeting its fiduciary responsibilities. They also attend all finance, buildings and grounds, investment, audit, and risk management and benefits committee meetings and any ad hoc committees concerning finance, plant, or compensation. They maintain professional relationships with the school’s banks, lawyers, auditors, investment managers, insurance carriers, architects, contractors, vendors, and government regulators.
Essential Duties and Responsibilities:
Responsible for all areas of the accounting function, including developing and overseeing appropriate financial procedures and controls
Responsible for the preparation and presentation of monthly financial statements and analysis of accounts
Responsible for development and monitoring of the annual financial budget
Responsible for the annual audit
Supervises Business Office activities involving payroll, accounts payable, accounts receivable, cash, parent loans and financial aid, general ledger, purchasing, employee benefits administration, taxes, and other accounting systems
Oversees activities of the school store and online school store
Ensures compliance with all government regulations, including ADA, OSHA, IRS reporting, hazardous materials, fire/health and building inspections, and EPA issues
Supervises hiring of all non-exempt employees
Evaluates and supervises employee benefit programs
Formulates and revises employment policies
Oversees property, liability, director & officers, and workers’ compensation insurance programs
Reviews vendor contracts (i.e. telephones, copiers, mail machine, and phone services)
Assists the Admissions Office with financial aid awards
Implements strategies to achieve the financial goals of the strategic plan
Coordinates planning, execution, and financing of major construction projects, including pre-construction costs
Monitors all loans and indebtedness, including inter-fund loans and transfers
Responsible for the preparation and monitoring of the long-term maintenance plan
Monitors routine purchases of the department and supervises negotiations and approval of major contracts, work in progress, and payments
Manages the independent foodservice contractor. Reviews and negotiates their contract
Monitors routine purchases and supervises negotiations and approval of major contracts, work in progress and payments
Oversees all use of vehicles and licensing of faculty and staff
Supports the head of school in the development of auxiliary programs and income goals
Oversees the development and management of those programs that use the assets of the academy to promote its mission. Examples include but are not limited to summer camps, weekend programs, single-term programs
Prepares monthly meeting agenda and related information for Finance Committee, Buildings and Grounds Committee, Audit Committee, and Investment Committee of the Board of Trustees
Other duties may be assigned at the discretion of the Head of School
Minimum of bachelor’s degree in business administration or related field
MBA or related advanced degree preferred
5+ years of experience in a CFO, Controller, or Assistant CFO/Controller/Business Manager role (Business Manager / CFO)
Strong background in accounting, finance, budgeting, investing, and cash management
Previous supervisory experience
Experience with non-profits or schools preferred
Outstanding communication skills, with varied constituencies
Advanced technology skills including Word, Outlook, Excel, and database management software
Exhibits the following leadership skills:
reliability and follow-through
strong written and oral communication
open and collaborative management style
Physical Work Environment: It is essential to be able to meet the physical demands of sitting for prolonged periods of time at a desk or computer workstation, using repetitive arm, hand and finger movements. Must be able to bend, stoop, push/pull and to grasp objects and or paper and able to visit and move around all campus locations and to travel off campus or to other work sites for appropriate training and/or meetings as required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Additional Salary Information: Salary is competitive and commensurate with experience. The benefits package is excellent and includes TIAA-CREF retirement benefits and full medical/dental coverage, life insurance, and professional development opportunities.
About Gould Academy
Gould Academy is a coed college preparatory boarding school located at the eastern edge of the White Mountains in Bethel, Maine. With 215 students and an average class size of twelve, the Academy prepares academically motivated students for college and helps them to become independent-minded, ethical citizens who will lead lives of purpose, action, excellence, and compassion in a dynamic world. Visit www.gouldacademy.org for more information.