Chapin School seeks a dedicated professional to join the administrative leadership team as Director of Finance beginning no later than July 1, 2023.
About Chapin School Chapin is a 200-student age three through eighth grade, co-educational school in Princeton, New Jersey. The school has an excellent academic reputation and outstanding secondary school placement record, and recently celebrated its 90th year.
Chapin School’s Mission Chapin is dedicated to the belief that lifelong habits of the mind and heart are formed in the elementary and middle school years. Chapin provides a richly textured education that inspires academic achievement and builds strength of character. Within a diverse, caring, and supportive community, we prepare our students to meet the future with skill, confidence, determination and generosity of spirit.
Responsibilities of the Director of Finance
The Director of Finance provides leadership and management of the following areas: Financial Management, Accounting, Human Resources, Facilities, Legal and Risk Management, and supervision of the Business Office. Duties include:
Preparation and monitoring of annual budgets.
Support of the Board of Trustees’ Finance Committee, Investment Committee, and Audit Committee including dashboard reports on budget, cash flow and investment accounts.
Providing financial models for short and long-term planning.
Manage cash flow on a monthly basis.
Manage building rental contracts and arrangements.
Work with auditors to prepare the year-end financial statements and notes.
Ensure that all accounting is in accordance with general accepted accounting practices (GAAP).
Work with staff to ensure that account receivable are current.
Review and approve the payroll prepared by the school’s account manager.
Reconcile all income and receivable accounts.
Ensure that gift distribution/use is in compliance with donor restrictions.
Maintain Net Asset schedule and ensure compliance with Chapin’s endowment policy and donor restrictions.
Ensure compliance with statutory and regulatory requirements including labor, benefits, and human resource issues.
Finalize health and other insurance plans offered to employees and employer contribution for each plan.
Ensure that the background checks are performed in compliance with the law.
Be the primary administrator of the TIAA/CREF retirement plans.
Work with the Director of Operations to maintain a Property Replacement, Renewal, and Special Maintenance plan. Keep the Finance Committee informed of the facilities needs in the short and long-term.
Negotiate insurance packages to include Building & Liability, General Liability, Directors & Officers, and other necessary coverage.
Process all insurance claims to insurance providers; meet with adjusters, negotiate settlements.
Consult with legal counsel, as needed.
Other duties as assigned by the Head of School.
Qualifications
A bachelor’s degree in business, finance, or accounting required; MBA preferred; CPA helpful.
Eight to ten years proven experience in finance, with at least five years in an educational or nonprofit environment.
Five years of supervisory experience, with significant leadership/administrative responsibility.
Experience with MS Office Suite and Blackbaud software a plus.
Application Process
Cover letter describing your interest in the position
Resume
List of five professional references
Send electronically in one email and separate pdf documents to:
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