Responsibilities
The Chief Financial Officer (CFO) will report directly to the Head of School and will be responsible for carrying out the Lakeside School mission within the business and operations areas. The CFO will provide competent leadership and senior expertise in administering and coordinating the business support functions. The CFO will oversee all areas of financial compliance and will be responsible for providing excellent stewardship of the school’s fiscal and physical assets.
Specific responsibilities include the following.
Strategy
• Be an active and effective member of the school’s primary administrative team (includes the Head of School as well as directors responsible for development, admissions, business operations, both Upper and Middle schools, technology, athletics, summer school, communications, and global education).
• Work with others in a high-functioning, collaborative, and innovative educational setting.
• Ensure that the school has a long-range, strategic, financial plan adopted by the Board of Trustees that reflects the school’s mission and guides the financial priorities of the school.
• Support and work closely with the Board of Trustees, and especially the Assets Management and Investment committees (as primary staff), to achieve proper fiduciary oversight for the school.
• Ensure that endowment funds are appropriately stewarded and invested in accordance with the school’s investment policy, donor intent, and applicable state and federal regulations. Ensure that the school has appropriate human resources to deliver its programs, cultivating a high-performing workforce within available resources.
Financial Planning and Analysis
• Hold overall supervisory responsibility for the entire accounting system, the preparation and accuracy of financial statements, and the routine preparation and reporting of financial results.
• Review investment policy and execution.
• Review capital assets plan and execution (including plant and infrastructure).
• Ensure that financial policies and procedures are in compliance with all applicable regulations.
• Review and maintain policies approved by the Board of Trustees related to financial aid, tuition remission, and/or alternative pricing models.
Cash Management
• Implement an effective cash management system that protects the assets of the school.
• Oversee A/R and A/P management; approving weekly payables; execute check signing.
Accounting and Administration
• Direct the financial activities of the business office, ensuring the accuracy and integrity of financial data.
• Interact with auditors and ensure satisfactory audit for institution.
Insurance/Real Estate/Legal Affairs
• Oversee the school’s risk management and insurance programs; ensuring independent periodic review.
• Manage the school’s real-estate affairs; negotiate new leases or lease renewals.
Team and Project Management
• Manage a diverse team of finance, human resources, food service, and maintenance professionals.
• Mentor and develop direct reports, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.
• Provide leadership and direction to team members of the business office, facilities, food services, bookstore, and human resources.
• Ensure effective management of facilities and maintenance, food service, bookstore, human resources, and any other auxiliary enterprises of the school.
• Oversee construction projects throughout the year, ensuring that they remain on time and on budget.
• Ensure that the school provides and maintains facilities that support the school program and all auxiliary purposes, providing a safe and welcoming environment for the school community.
• Oversee school transportation, including transportation routes, schedules and contracts, and assess the performance of the transportation providers.
• Represent the school at various regional, state, and national associations relative to the role of being the Chief Financial Officer.
• Perform other duties as assigned by the Head of School.
Reference:
JOB134294