Chapin School seeks a dedicated professional to join the administrative leadership team as Director of Finance.
About Chapin School
Chapin is a 210-student age three through eighth grade, co-educational school in Princeton, New Jersey. Celebrating its 90th year, the school has an excellent academic reputation and outstanding secondary school placement record.
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 PEO
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, D&O, 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
Cover letter describing your interest in the position
List of five professional references
Send electronically in one email and separate pdf documents to:
The Chapin School of Princeton New Jersey, a co-ed three-year-old through eighth grade school 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. Highlighting the five virtues of good character; Respect, Responsibility, Honesty, Kindness, and Perseverance; these values are interwoven into the whole community at Chapin making it a warm and supportive community for all.