General Summary: Directs and manages all financial management, budgets, general accounting, accounts payable, accounts receivable, financial operations, auditing, compliance and reporting for the School. Continues to build and manage effective and streamlined systems.
Essential Duties and Responsibilities:
Provides leadership and support for the Business Office staff, strategy, and vision while fostering a positive work environment.
Monitors the capital budget and financial aspects of school projects.
Manages the cash-flow position of the school, including establishing credit and collections and purchasing policies and to establish schedules for the payment of bills and financial obligations.
Approves all agreements concerning financial obligations, such as contracts for projects or services and other actions requiring a commitment of financial resources.
Maintains relationships with financial institutions and administers banking arrangements and loan agreements, receives, has custody of and disburses monies and securities. Maintains adequate sources for current borrowings from commercial banks and other lending institutions.
Ensures the maintenance of appropriate financial records and preparation of required financial reports. Reports on financial affairs of the School to its leadership in a clear and concise manner.
Directs preparation of budgets and financial forecasts.
Develops innovative solutions to the challenges in the areas of financial strategies, financial analysis, reporting and information dissemination to administration, use of appropriate systems and technology, and cost-effective use of resources.
Ensures an effective and efficient system of internal management controls throughout the School. Resolves in a timely fashion all findings resulting from financial audits and consulting studies.
Represents the School’s interests in all income tax and financial reporting matters.
Works collaboratively with Admissions and the Head of School, to analyze, review, and approve financial aid awards, student contracts, and other accounts as needed.
Works with insurance advisors and brokers in insure that adequate, appropriate and costs effective insurance is in force, including public liability, property and casualty, directors and officers, and Worker’s Compensation.
Serves as the Business Office conduit for new initiatives as recommended by the Board, key administrators, and faculty.