Details
Posted: 15-Jun-22
Location: Charleston , South Carolina
Type: Full Time
Required Education: 4 Year Degree
Salary: TBD
JOB SUMMARY
The Director of Finance and Operations works closely with the Head of School, Board of Trustees, Development Office, and the Office of Enrollment Management. Support for their work includes preparing and monitoring current and long-term operating and facilities budgets, compensation and tuition analysis, financial analysis and modeling, asset management, and oversight of facilities.
PERFORMANCE RESPONSIBILITIES
Budgeting, financial analysis, and reporting.
- Use standard accounting and bookkeeping procedures with accounting software to keep an accurate continuous record of the cash and financial position of the school.
- Manage the financial operation of the School to ensure TCS remains financially stable; maintain ongoing compliance with debt covenants.
- Responsible for payroll, cash management, accounts payable, and student billing using the software systems we use to manage them.
- Prepare a monthly operating statement for internal and external users, including administration and Board of Trustees; provide periodic reports of expenditures for use by administrators with budgetary responsibility.
- Oversee the audit of the School’s financial records and financial positions.
- Provide benchmarking data for NAIS and DASL
- Communicate and work with families to ensure they meet their financial obligations.
Risk Management
- Oversee and implement risk management strategies relating to the financial health of the School, including but not limited to accident prevention, fraud and cyber threats, contractual risk, internal fraud, and financial liquidity.
- Maintain appropriate levels of insurance to protect the property and to cover the liability of the School.
- Maintain a working knowledge of state and federal government compliance and regulations, and any other risk management-related issues.
Purchasing and Facilities
- Oversee all purchasing and investing of School’s financial assets.
- Review and analyze major contractual obligations of the School, such as construction and professional services and contracts and grant proposals.
- Work closely with the Assistant Head of School to ensure stewardship of the campus and strategically plan for capital expenditures.
- Work with the Assistant Head of School to strategically plan and implement technology infrastructure budgets, device purchasing and inventory, user protocols, and cyber security.
Human Resources
- Oversee payroll and benefits programs with ADP Totalsource. o Provide information, empathy, and support to employees with questions or concerns about workplace policies or procedures and connect them to the appropriate ADP advisor.
- Maintain relationships with employee healthcare and benefits vendors.
Head of School and Board of Trustees Support
- Prepare compensation and tuition analysis, financial analysis, and financial modeling for the School’s annual operating budget for discussion and approval by the Board of Trustees.
- Provide staff support to the Finance Committee of the Board of Trustees.
- Assist the Head of School with decisions regarding salaries and benefits for all personnel.
- Advise Head of School and Board of Trustees in matters of policy, financial management, and risk management.
- Serve on the Tuition Assistance Committee and other committees as needed.
- Perform other duties as assigned by the Head of School.
Bachelor’s degree in accounting, finance, a related field, or comparable experience, with 3 years of experience in an educational or nonprofit business office setting, a professional accounting environment, or comparable experience.
Experience in an independent school, college, or university setting is preferred, although individuals with strong financial and leadership skills in a related field are encouraged to explore this leadership opportunity.