Career Center

Chief Financial Officer

Position Summary

Randolph School seeks a highly skilled, strategic thinker for the position of Chief Financial Officer to begin no later than July 1, 2022. Reporting directly to the Head of School and a member of the school’s senior leadership team, the ideal candidate will be an experienced financial manager preferably with experience working in an independent school or similar nonprofit. The Chief Financial Officer works with the Head of School and the senior leadership team to oversee the financial operations of the school including: financial accountability to the head of school and Board of Trustees, financial management and reporting, business office functions, facilities and maintenance functions and personnel, human resources, risk management, and food service. With four direct reports who supervise a team of 25 employees, the Chief Financial Officer is a highly visible role that requires effective leadership, management, and communication skills. Additionally, the CFO must work collaboratively with members of the Administrative Leadership Team in support of student programs and advancing the mission of the school. Randolph School currently enjoys a strong financial position due to thoughtful and prudent decision-making and leadership and the incoming CFO will be tasked with building on this financial position while also advising the school in strategically deploying its resources in innovative and creative ways. The role requires the ability to work as part of a team and a desire to participate in the life of our school community.

Essential Duties and Responsibilities

• Participates in formulating and administering school policies and developing long range goals and objectives
• Works closely with the Board of Trustees serving as liaison on the Finance, Operations, Audit, Retirement, and Investment Committees
• Works closely with the Director of Advancement and the Advancement offices to support campaigns, development, marketing, communications and alumni efforts
• Reviews analyses of activities, costs, operations, and forecast data to determine department or division progress toward stated goals and objectives and reports regularly to the head of school regarding the budget and other financial decisions
• Financially manages the development and management of the School’s annual budget and the supervision of the control system for ordering, purchasing, and handling accounts payables
• Manages cash and investment accounts to meet operating requirements
• Ensures compliance and records on all invested funds, gifts received, and changes in fund balances
• Manages debt service requirements on a monthly basis
• Financially manages collections on accounts receivables
• Follows Board policy when working with personnel management, compensation, investments, and tuition receipts

• Changes and improves policies and procedures pertaining to the financial operations and risk management
• Administers the financial aid budget, supports current family requests, and supports the financial aid committee in annual decisions in compliance with the budget
• Serves as the primary contact for INDEX, oversees and/or completes all data for annual report with review for accuracy, and attends the annual conference
• Supports the Controller in completion of the annual audit, 990, and accounting for all plant assets
• Attends Facilities Use Committee meetings and manages facility requests from outside organizations
• Reviews and approves all requests for Professional Leave funding including graduate programs
• Coordinates the periodic review and updates of school policy handbooks
• Works with the Director of Human Resources to ensure third party providers and agencies carry out full personnel benefits program at an efficient and effective level
• Ensures consistent and equitable benefit administration while acting as a fiduciary for all benefits including retirement, health, and tuition remission
• Works with the Director of Facilities to review capital requests and design/construct capital projects and maintenance of the physical plant
• Works with the Director of Information Services and the Assistant Head of School for Academic Affairs to review technology capital requests and contractor services to support operations

Qualifications

• Master’s Degree in business administration or finance
• 8-10 years of related experience
• Demonstrated leadership and project management ability
• Ability to analyze large amounts of data and make data-driven recommendations and decisions based on the data
• Exceptional written and oral communication skills
• Excellent organizational and presentation skills
• Strategic thinker with a commitment to the school’s mission
• Desire to be a part of a dynamic and vibrant community

To Apply: https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment.html?cid=e6deffda-3ccd-4d7f-a6bf-5c15e508548e&ccId=19000101_000001&lang=en_US

As a member institution, Randolph School is committed to the principles of diversity as stated by the National Associate of Independent Schools (NAIS). In that spirit, Randolph School does not discriminate in violation of the law on the basis of race, religion, creed, color, sexual orientation, age, physical challenge, nation of origin, gender, or any other characteristic.