National Investment Company - Dover, DE
posted 3 months ago
The Chief Financial Officer (CFO) at Charles River School is responsible for managing all aspects of the school's finances, which includes strategic financial planning, budgeting, accounting, and reporting. This role also encompasses oversight of human resources functions, the physical plant, and food services operations. The CFO will report directly to the Head of School and will be a key member of the senior leadership team, participating in several Board of Trustees committees. The ideal candidate for this position is a mission-driven strategic thinker with a strong sense of judgment and integrity, preferably with experience in an independent school setting, and a demonstrated commitment to equity and inclusion. The next CFO will manage an operating budget exceeding $8 million, supported by an endowment of $10 million. The successful candidate must exhibit the ability to navigate conflicting demands and timelines in a dynamic school environment, effectively balancing and prioritizing the competing needs of the institution. The role requires leadership and management of the day-to-day operations of the business office, which includes payroll, accounts receivable, accounts payable, accounting, and school supply functions. Collaboration with the Head of School on financial aspects of strategic planning initiatives is essential, as is the oversight of the physical plant and food services operations. In addition to these responsibilities, the CFO will supervise the Business Office Associate and the Director of Facilities, manage the auditing process, and direct the annual operating budget. They will also be responsible for preparing forecasts of the school's financial condition and reporting to the Head of School, Finance Committee, Audit Committee, and Board of Trustees on operational results, future projections, and annual audits of financial statements. The CFO will provide financial information and planning that fosters trust among faculty, administration, staff, the Board of Trustees, and the parent community. Furthermore, the role involves liaising with the endowment portfolio manager and ensuring compliance with governmental regulations and the evolving regulatory environment.