Finance Director

Primary Responsibilities
  • Actively create networks with colleagues, other schools, and professional organizations to grow your knowledge continuously and demonstrate your commitment to lifelong learning.
  • Adhere to the school’s expectations regarding punctuality, timeliness, dress code, and confidentiality while also embracing and contributing to the school’s life beyond your role
  • Strong organizational, interpersonal, and communication skills, as well as supervisory experience
  • The highest regard for confidentiality and exemplary ethical standards is necessary, as well as the ability to manage multiple tasks and projects under the pressure of deadlines 
  • Strong proficiency with Quickbooks, Excel, FACTS programs and other computerized accounting systems as required
  • Monitor the recording of daily check and cash receipts at the school
  • Work with the Head of School and the Finance Committee of the Board of Trustees to plan for the school’s strategic financial future
  • Prepare and monitor the annual budget under the guidance of the Head of School
  • Close the books each month by reconciling all bank and transaction accounts
  • Prepare financial reports required by the Head of School and the Finance Committee of the Board
  • Maintain an accurate and appropriate general ledger chart of accounts
  • Oversee the preparation and monitoring of monthly departmental budget reports and forecasts, working with administrators and department chairs regarding budget performance
  • Analyze auxiliary programs for profitability and effectiveness
  • Ensure accurate and appropriate coding and/or approval of all revenue, expenditure, and journal transactions to their appropriate accounts, including unrestricted and restricted funds
  • Manage cash flow and short-term investments to maximize the school’s return
  • Supervise and assist business office staff with:  accounts payable, payroll, HR, employment benefits programs, student incidental billing, student contracts, employment contracts, administer all payment programs, and maintain appropriate employee records/reports
  • Provide support in the hiring, training, and review of Business Office staff
  • Provide accurate information and reports to state and federal agencies concerning payroll taxes, etc
  • Perform the annual billing for tuition and fees and set up all payment plans in FACTS. Make follow-up account receivable communications as necessary
  • Track and post third-party scholarship receipts to the appropriate students’ FACTS account
  • Review and analyze all financial assistance applications, brief the Variable Tuition (Financial Aid) committee, and communicate aid offers to the student families
  • Review, post, and reconcile all cash receipts and gifts from the Donor Perfect system (Advancement Office)
  • Track the related disbursements of the annual receipts from the endowment of the Southfield Foundation
  • Coordinate with the Advancement Office to prepare annual stewardship reports for all endowed funds
  • Plan, coordinate, and oversee the annual financial audits, including the School and Foundation, 403(b) plan, as well as the annual IRS Form 990s
  • Prepare all periodic surveys and compliance reports for various independent school organizations (e.g. NAIS, ISAS, NBOA, etc.)
  • Ensure the school remains in good standing with all state and local entities and complete necessary reports and audits
  • Supervise business office staff members
  • Must be able to lift at least 40 pounds; must be able to climb stairs to second story for office access 
  • Other duties as assigned
Role Description
Benefits
  • Medical, dental, and vision insurance
  • $25,000 life insurance policy
  • TIAA-CREF Retirement plan 
  • Paid vacation, sick, personal, and annual leave
Requirements
  • Master’s degree in finance, accounting, or a related field
  • Three years of preferred experience 
  • CPA certification highly preferred
  • Proficient in advanced technology skills