The Winchendon School is a mission-driven entity with a commitment to serve many more deserving students while providing a great working environment for its staff. The successful FD/A will embrace this mission and see her/his role as supporting and enabling the School and leadership team in being even more successful in achieving our mission.
The Finance Director/Analyst(FD/A) is an integral part of our leadership team and reports directly to the COO. The effective FD/A will provide the quantitative perspective that allows the School’s leadership, including the Board of Trustees, that supports effective and timely strategic decision making.
We are looking for a director to prepare consolidated forecasts and budgets and analyze trends in revenue, expense, capital expenditures and other related areas. The FD/A will coordinate the annual budget cycle working closely with area managers and our senior team on data gathering, trend analysis and budget compilation. The FD/A will also prepare ongoing forecasts including both long term and short-term planning, including performing sensitivity analysis on various scenarios. The FD/A will also ensure that there are disciplined and effective systems in place to support the School’s plan to open a series of satellite campuses over the next decade. Finally, we seek a thoughtful financial leader who will support the School in achieving its mission and strategic goals by providing at least as much perspective on “why” as “what” - the analysis that supports sound decision making rather than just accurate numbers.
Responsibilities include but are not limited to the following:
Oversee school business functions, including: tuition billing and collection, accounts payable, contracting, accounting and reporting, regulatory reporting and compliance, and other business administration
Oversee the Business Office and staff who handle AR, AP, student billing, payment plans, purchasing, credit card processing, etc.
Manage the daily accounting operations and ensure all financial data is timely,accurate and secure.
Monitor cash flow
Coordinate and prepare all financial statements including analysis and account reconciliations, monthly and annually
Prepare and administer annual budget and multi-year forecasting process, including capital expenditures
Prepare all supporting information for the annual audit and coordinate with external auditors and Board’s Audit Committee
Coordinate and oversee preparation of all tax and other required regulatory/compliance reporting
Reconcile bank and investment accounts
Work in partnership with all departments on budget management and planning - Meets with department chairs regularly to go over budget line items
Develop and handle financial policies, procedures, and internal controls - ensuring that there are the most effective, secure and safe systems in place to support the School’s increasingly complex financial structure (addition of satellite campus, potentially more sophisticated donors, evolving compliance requirements...)
Works closely with the CEO and COO and investment advisors, specifically centered around the School’s investment funds.
Handle banking, risk management, compliance and summer programs
Reconcile net-tuition revenue regularly with the COO and Admissions, which includes financial aid
Establish and maintain professional relationships with families, students, banks, insurance companies, auditors, brokers and vendors
Collaborate with and assist the HOS, CEO, COO and the Board of Trustees in meeting fiduciary responsibilities - including being an important liaison and resource to the Board of Trustees Resource and Audit Committees.
Approve all financial obligations; execute leases, loans, real estate transactions, contracts and other actions requiring a commitment or receipt of financial resources.
Understand and support the culture and climate of the School
The Winchendon School Community Credo
I commit to being a respectful, self reflective, and caring role model in our community - a learning organization that is dedicated to providing each member with an exceptional educational experience.
Minimum of bachelor’s degree in business management, finance, accounting, or related field
Master’s degree and/or CPA preferred
5+ years’ experience in a senior finance position and proven success in a senior administrative role, preferably working with a board
Prior independent school and non-profit experience preferred
Demonstrated leadership qualities – organizing people and processes
Excellent oral and written communication skills
The ability to work collaboratively with coworkers and other school community members
Perceptive analytical skills and a detail-oriented work style
Extremely knowledgeable in financial forecasting, accounting principles, and financial data analysis
Strong interpersonal and leadership skills
Outstanding integrity and high ethical standards
Ability to multitask, prioritize and delegate responsibilities in an effective and efficient manner
Expert problem solver, analytical thinker, and decision maker