The Fessenden School is thriving thanks to a strong leadership team led by Head of School, Steve Armstrong, as well as a dedicated and talented Board of Trustees and its high-performing Finance Committee. As such, the School has full enrollment and ambitious plans for its future. Fessenden has been successful in growing its endowment over the past decade and has experienced increased applications in recent years. Consequently, the School has invested heavily in building out the campus, including an upcoming science center project. Fessenden is a complex school, combining both boarding and day students and also offering vibrant auxiliary programs, including summer camps and facilities rentals.
Because of the need to manage the many parts of operations and the added operational demands of the boarding program, Fessenden employs a full time Chief Operating Officer, allowing the CFO position to focus on the strategic and immediate aspects of finance, risk management, and human resources. Both positions collaborate with each other on budgetary and other concerns, report directly to the Head of School, and sit on the senior administrative team. This model has worked very well for the School, with clear lanes of responsibilities and a collaborative spirit. The Business Office is well staffed with a veteran controller, a human resources director, as well as accounts payable and accounts receivable professionals.
The next CFO will need to have top notch communication and presentation skills for working with the Board and the various sub-committees. The successful candidate will need to be able to anticipate questions and provide transparency and insight. Strong modeling and forecasting skills are essential, as are tools and strategies for managing financial aid and experience managing banking relationships and debt. Tied to financial aid strategies is the School’s intense effort to increase diversity while becoming a more equitable and inclusive institution. Further, the next CFO must be a visible presence on campus, working to form close relationships with faculty, staff, parents, and students.
Interested and qualified candidates should submit electronically in one email and as separate documents (preferably PDFs) the following materials:
A cover letter expressing their interest in this particular position;
A current résumé;
A one-page statement of educational or leadership philosophy and practice;
A list of five professional references with name, phone number, and email address of each (references will not be contacted until a serious mutual interest is established, and not without the candidate’s permission) to: