IAF seeks to hire a Chief Financial Officer (CFO). The CFO works closely with the Board of Trustees, especially the Audit and Finance committees and their chairpersons. The CFO serves as a member of the senior leadership team and reports directly to the President/Head of School.
The CFO bears primary responsibility for the management and integrity of the School’s fiscal policies, systems, and practices including oversight of the annual budget, general ledger accounting, financial reporting, audit and the development of a sustainable, multi-year financial model capable of ensuring the fiscal stability of the institution. The School maintains an annual operating budget in excess of $18M and an endowment of $6M.
Essential Duties and Responsibilities
Supervise a Finance staff of five (5) and a Human Resource staff of one (1).
Oversee the annual financial and retirement plan audits and filings of related informational returns.
Provide transparent, accurate and timely financial reporting and planning that builds trust among administrators, faculty, staff, students, alumni, parents, and trustees.
Insure that internal controls safeguard financial assets, including cyber.
Oversee the development, administration, and reporting of the operating and long-term budgets to the Head of School/President, the School’s Board of Trustees; the Finance Committee; auditors; federal, state, and local authorities; lenders; donors; and various School administrative offices.
Oversee the administration of the School’s endowment; execute endowment and investment policy; implement investment decisions of the Finance Committee; and coordinate with the endowment consultants, investment managers, and custodians, ensuring effective endowment allocations, performance, and reporting.
Build and/or maintain the School’s short- and long-term strategic financial models.
Serve as chief staff liaison to the Finance and Audit Committees of the Board of Trustees, working closely with committee chairs and organizing agendas and meeting materials.
Have a professional, understandable presentation style suitable for board meetings as well as co-workers.
Facility with the office suite of business software: Word, Excel and PowerPoint.
Familiarity with Blackbaud Accounting Software, or equivalent.
Must be comfortable with technology and technology-based tools for managing work.
Excellent written and verbal communication skills and comfort with public speaking.
Commitment to excellent customer service.
Superior organizational skills and attention to detail. Ability to multi-task and proven independent judgment.
Bachelor’s degree required; M.B.A. and CPA preferred
10-plus years of financial and business leadership
Experience on senior administrative teams and working with independent schools is a plus.