The Calverton School seeks a highly experienced, dedicated professional to serve as the school's next Director of Finance and Operations. Reporting to the Head of School, the Director of Finance and Operations will be responsible for all aspects of the school's finances and serve as a strategic thought partner to the Head of School, Leadership Team, and Board of Trustees. The Calverton School seeks an individual who exhibits innovative thinking, creative problem-solving, and a desire to support the school's future success and growth.
Essential Functions/Major Responsibilities:
The Director duties include:
Supervision of cash receipts, purchase orders, accounts payable, disbursements, accounts receivable, student billing, human resources, payroll, operating funds, bank relations, and signing checks and EFTs.
Create monthly and annual financial statements and produce reports for the annual audit.
Collaborate with HOS, Board of Trustees and other leaders to develop and implement long-term financial strategies that support the school’s sustainability and growth.
Responsible for developing the annual and long-range forecasting; costing out construction projects, approval and tracking; variation reporting and control; preparation of budget forecasts including, but not limited to, monthly, yearly, five years, long range planning and projections.
Remain current on audit best practices, school policies, procedures and State, Federal, and Local laws.
Develop and oversee financial policies, procedures, and internal controls to safeguard the school’s assets and ensure accurate financial reporting.
Identify, negotiate, and oversee contractual operations with providers of long-term services to the school, including insurance, capital leases, rental agreements, and janitorial services.
Direct the school’s health, disability, and retirement plans; oversees payroll and related reports to comply with local, state, and federal regulations and reporting requirements.
Works with the Facilities Manager and Information Technology Vendor to direct the operation of the buildings and grounds and technology that also includes long range budgeting and space allocation.
Experience Requirements:
Bachelor's degree in accounting, business, finance, or economics is required; MBA and/or CPA are strongly preferred;
Ten years of progressively responsible financial management experience, with demonstrated success in leadership roles;
Two years experience in independent schools, higher education, or nonprofit financial management preferred;
Two years of audit experience;
Ability to prepare and maintain financial reports in compliance with Generally Accepted Accounting Principles (GAAP);
Ability to interpret and apply the standards set forth by the Financial Accounting Standards Board (FASB);
Advanced proficiency in the use of Excel, accounting, or ERP software and the ability to research and implement new financial software;
Highly developed organizational skills and attention to detail;
Ability to identify opportunities or problems and implement appropriate solutions;
Superb communication skills; excellent written, verbal, and presentation skills;
The Calverton School a college preparatory, day (and now boarding) school located in Huntingtown, Maryland, approximately 45 minutes east of Washington, D.C. and 30 minutes south of Annapolis, MD. The school enrolls 270 students in Preschool through Grade 12, and offers the IB program for 11th and 12th grades. All of the school’s graduates are accepted into four-year colleges and universities. Students come from five counties, including Calvert, Charles, St. Mary's, Anne Arundel and Prince George's.