Director of Finance
: Job Details :


Director of Finance

KLR Executive Search Group

Location: all cities,MA, USA

Date: 2024-12-10T04:03:42Z

Job Description:

KLR Executive Search Group is proud to partner with Park Street School (www.parkstreetschool.org) to recruit their new Director of Finance. Located in the heart of Boston, Massachusetts, Park Street School has established itself as a prestigious educational institution with a rich history of academic excellence. Since opening in 2000, our Client has been committed to providing quality education and fostering a nurturing environment for its students. With a dedicated faculty, innovative programs, and a strong sense of community, Park Street School continues to shape the minds of future generations. It prepares them to thrive in an ever-changing world. Park Street School believes in pouring love, acceptance, and knowledge into its students to equip them with a strong framework for life.

Mission: “Through an engaging, content-rich curriculum, we strive to empower and equip each child with a love of learning, a passion for truth, a heart for others, and an understanding of God's love and grace for us in Jesus Christ.”

Position Overview:

The Director of Finance is the head of finance, driving the financial strategy and planning for the school. This is both a strategic and hands-on role, administering control and oversight of the business and financial operations of the school. The Director oversees all finance matters, including budgeting, contracts, financial aid, expense control, financial reporting, accounting controls, cash management and banking relations, capital budgets, and risk management.

Key Priorities:
  • Supervise the work of business office staff.
  • Use standard accounting and bookkeeping procedures to keep an accurate, continuous record of the school's cash and financial position and manage the school's financial position.
  • Create and maintain financial best practices to ensure that the institution remains financially stable, ensuring that the school operates within budget.
  • Partner with the Head of Schools and the Board of Trustees committees to develop the annual operating budget and maintain a long-range financial model for the school.
  • Oversee all school purchasing, financial investments, and banking activities.
  • Manage outsourced financial relationships.
  • Work with the Head of School to provide capital budgeting and project oversight for new construction and renovation projects.
  • Responsible for administering the school's 403(b) Plan as the Plan Administrator.
  • Provide necessary reports to the Board Treasurer and Head of School for quarterly and yearly Board of Trustee meetings.
  • Serve as liaison between school and insurance brokers.
  • Ensure that the school complies with all federal, state, and local laws and maintains tax-exempt status on a federal, state, and local level.
  • Represent the school at various regional, state, and national associations relative to the role of the Director of Finance.
  • Inform teachers and staff of policies and benefits at teacher orientation and throughout the year.
  • Job Qualifications:
  • Bachelor's degree in accounting or a related field required (advanced degree preferred).
  • Minimum five years of related experience.
  • Previous non-profit experience, preferably in an independent school, is preferred.
  • High proficiency with technology, including Excel and other related Microsoft Office software, is essential.
  • Experience with a School Information Management platform (experience with Veracross is a plus).
  • Strong accounting skills, with the ability to translate financial jargon to all audiences.
  • High integrity, analytical thinker, ability to multi-task, problem solver, proactive management style, a life-long learner who seeks to remain current through continuing education and professional development.
  • Committed to acting as a trusted advisor to the Head of School, Board President, and leadership.
  • Commitment to maintaining confidentiality in all matters is required.
  • Strong written and verbal communication skills, good interpersonal skills, and the ability to achieve results with diverse constituencies.
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