Follow the Child Montessori School is seeking a full time CFO for June 2017. The primary responsibilities of the CFO are to develop and maintain the operating and capital budgets; prepare and present financial statements to management, committees and the Board; as well as ensure compliance with financial controls, policies, GAAP and FASB standards.
Follow the Child Montessori School is a supportive community based in the heart of Raleigh and is located on a beautiful new campus adjacent to the NC Museum of Art.
Essential Job Functions
Develop, document, implement and maintain financial policies, procedures and controls to ensure regulatory compliance with GAAP & FASB.
Develop, manage and administer the operating and capital budgets on monthly, quarterly and annual reviews to ensure compliance with policies, facility & program oversight, loan covenants and alignment with strategic initiatives.
Prepare monthly and annual financial statements including supporting analyses for management and governance reporting.
Prepare financial models & analysis of program profitability to assist management, committees and the Board with long range planning.
Create ad hock reports, forecasting, and pro forma analysis as requested.
Maintain asset inventory, accrual, amortization and depreciation schedules.
Track and reconcile monthly card activity for school-wide purchase card.
Maintain the General Ledger, including monthly reconciliations, closing entries, accruals, and revenue recognition.
Coordinate preparation of Form 990 and subsidiary tax filings in collaboration with School’s accounting firm and Audit Committee.
Process payables and receivables on a weekly basis and payroll on a bi-weekly basis.
Assure timely processing of all payroll withholding, including 403(b) contributions, and post entries to the GL.
Reconcile monthly statements from benefit providers with payroll reports.
Monitor and track restricted funds release assuring donor compliance.
Ensure donations and expenses are properly documented by fund and correctly recorded.
Accountability for IT Systems and other Office Management accountabilities, including site maintenance and general administrative oversight
BS Degree in Finance/Accounting or equivalent experience
5-7 years of accounting and finance experience, nonprofit experience preferred
Advanced knowledge of Microsoft Office programs
Demonstrated understanding of generally accepted accounting principles in a not-for-profit setting.
Excellent verbal, written, and organizational skills.
Demonstrated ability to work collaboratively with diverse populations; including parents, faculty and Board.
Demonstrated experience with GL management, financial reporting, internal control, and capital project accounting.
Experience with not for profit tax reporting, auditing process and timelines
Ability to maintain strict confidentiality
Great attention to detail and initiative in problem solving
Additional Salary Information: Medical / Dental,Life / AD&D / STD,403(b),Health & Dependent Care FSA,Vacation & Professional Development