Guided by the Montessori Mission and the school’s Strategic Plan, the Director of Finance works closely with the Head of School and the Finance and Investment and Buildings and Grounds Committees of the Board of Trustees to develop annual budgets and implement strategies which ensure sound financial and fiscal management of the School's assets and resources. In addition, the Director of Finance directs all procedures of the Business Office, including accounts payable and receivable, all accounting procedures, budgeting, purchasing, and payroll and benefits. The Director of Finance reports to the Head of School. This is a permanent, 12-month position.
As a member of the senior administrative team reporting to the Head of School, the Director of Finance is accountable for the financial health of BHMS. Working closely with the Head and Board of Trustees, the Director of Finance supervises the Information Desk Manager, Business Office staff and the Facilities Manager. Specific duties include the following:
Providing counsel and support to the Head of School, Board of Trustees, and faculty and staff on the financial impact of all decisions and programs.
Developing and implementing long?range, strategic plans with the Head of School and the Finance Committee.
Creating and using forward?looking predictive models and activity?based financial analyses to provide insight into the organization’s business plans.
Guiding the preparation of the operating and capital budgets, including incorporating input from administrators, faculty, and staff, and implementing and managing the budget upon its approval by the Board.
Managing the accounting department to ensure proper maintenance of all systems, procedures, and internal controls.
Overseeing all fiscal reporting activities for the school and ensuring legal and regulatory compliance regarding all financial functions. Managing BHMS’s debt, including the preparation of all reports required by bondholders and/or credit?backing banks, government agencies, and other regulatory organizations.
Overseeing risk management as it pertains to the school’s policies and procedures, including emergency preparedness.
Overseeing the collection, custody, investment, disbursement, accounting, and auditing of the school’s funds.
Remaining current on audit best practices and state and federal laws regarding nonprofit organizations.
Mentoring, supporting, retaining, and, as necessary, hiring knowledgeable and hard?working professional staff members.
Supervising the communication of all employee benefits, payroll preparation and distribution, and salary administration for faculty and staff, providing HR expertise when needed.
Working closely with the advancement staff to monitor and account for all fundraising activities and associated gifts.
Working closely with and supervising the Facilities Manager on high-level planning and facilities financial modeling.
Participating in decision making on the Financial Aid Committee.
Skills and Knowledge
Strong financial management skills and thorough knowledge of accounting, budgeting, and other associated administrative procedures.
A capacity for strategic thinking with the ability to look to the future, anticipate needs, develop new initiatives, and implement short? and long?term plans and objectives.
Demonstrated skills in the use of an integrated database for financial modeling and forecasting, and a facility for drawing meaningful and accurate conclusions and action plans accordingly.
An understanding of the principles of good practice and types of policies and procedures required to run a successful business office, as well as the ability to implement and maintain them.
Demonstrated success in leading a capable team, including hiring knowledgeable professionals, articulating and evaluating individual and departmental goals, and providing ongoing evaluation, motivation, and feedback.
Solid verbal and written communication skills and the ability to interpret for BHMS’s constituents how current financial realities impact the life and future of the school.
An understanding of the close relationship between the development and business office functions in a not?for?profit organization.
Honesty and personal integrity are overarching values in dealing with others.
Self?directed and well organized, with the flexibility and practicality to respond to changing priorities and unexpected situations.
A team player with a positive outlook who seeks solutions to problems.
A leader whose dedication, work ethic and high standards inspire colleagues
Brooklyn Heights Montessori School has an institutional commitment to the principles of diversity. In that spirit, BHMS is an equal opportunity employer and does not discriminate on the basis of race, religion, creed, color, gender, sexual orientation, age, physical challenge, national or ethnic origin, ancestry or any other characteristic.
To apply for this position, visit http://employment.bhmsny.org and click on the "Director of Finance" link to submit your resume and application. The deadline for applications is January 30, 2019.
Brooklyn Heights Montessori School offers a challenging and comprehensive curriculum built on the philosophy of Maria Montessori to children aged two years through eighth grade. Students work and learn in mixed-age classes led by teaching teams of thoughtful and well-trained professionals. The students have exposure to a full range of academic and artistic courses. BHMS also offers an after school program and a summer day camp. The School is housed in a new modern facility in the Cobble Hill section of Brooklyn and is ideally located for convenient access to all parts of Manhattan and Brooklyn.
Brooklyn Heights Montessori School is an equal opportunity employer seeking candidates who will embrace the tenets of Montessori Education, as well as the principles of community, professional excellence, social justice, and equity.
A minimum of 10 years of experience in senior finance and administrative positions, ideally with an independent school, small college, or similar nonprofit organization.
A track record of advising at the highest level and participating in major strategic decisions that have profound long?term implications for an organization.
Demonstrated success in establishing and maintaining financial policies, procedures, and controls within the context of a complex institution. Expertise in the use of financial models for budgeting, forecasting, and strategic planning and analysis.
Experience managing debt to ensure that necessary cash is available, covenants are kept, the balance sheet is healthy, and the educational program thrives.
A career that includes exposure to human resources.