Summary

The Chief Financial Officer (CFO) reports to the President and is a member of the school’s Leadership Team. The CFO has primary responsibility for ensuring the effective and responsible stewardship of the school’s financial resources and health.

Description

Regis Jesuit High School is seeking a Chief Financial Officer. The posting will be posted until filled.

The Chief Financial Officer (CFO) reports to the President and is a member of the school’s Leadership Team. The CFO has primary responsibility for ensuring the effective and responsible stewardship of the school’s financial resources and health. In addition to being a member of the president’s leadership team, the CFO frequently staffs Board of Trustees meetings and provides leadership to three board sub-committees (Investment, Audit/Finance, Planning & Major Projects) in cooperation with the committee chairperson. The CFO oversees the Business Office, a Retail Shop Manager, Facilities & Grounds and Information Technology departments, and provides supervision to the Controller, Director of Facilities Management and the Director of Information Technology.

The starting salary for this position is $178,000.  The benefits package includes employer paid health, dental, life insurance, LTD and retirement matching. As a member of the Leadership Team, the position is eligible for 4 weeks of vacation after 90 days. To learn more about working for Regis Jesuit, please click HERE.

Essential Job Functions (Responsibilities)

Strategic Financial Leadership:

  • Develop strong understanding of the mission and programs of Jesuit secondary education.
  • Lead and ensure the integrity of the financial management and reporting of the school.
  • Provide leadership to the development and presentation of the school’s strategic financial plan.
  • Prepare and provide an annual budget and 3-5 year financial forecasting including tuition rate recommendations as requested by the President, Board of Trustees or its sub-committees.
  • Advise school leadership on financial matters related to the school’s endowment, debt and tuition planning.
  • Provide regular reporting to school leadership team, Board of Trustees and its subcommittees.
  • Provide leadership to the school facilities maintenance, replacement and expansion as required to deliver the school programming. This includes maintaining asset retirement schedules and developing strategies for the required capital to fund facility activities.
  • Provide leadership for school IT resources and assure appropriate IT security and overall strategy comports with leading private school requirements.

Business Office Oversight:

  • Ensure the integrity of business office operations for effective financial stewardship, excellent customer service and care for internal and external constituencies.
  • Hire, supervise and develop staff members to deliver required services.
  • Maintain, monitor and document adequate system of internal controls for all school functions involving school funds, including the stewardship of donor funds.
  • Oversee all financial aspects of the school including billing, accounts receivable, accounts payable, payroll and all banking functions.
  • Oversee the student financial aid processes. Consults on financial aid applications as necessary.

Budget Functions:

  • Lead the annual budgeting process, including capacity-development of the school’s budget monitors. Develop a deep understanding of school programs priorities and operations. Verify integrity of all budget line items. Maintain documentation for each budget year.
  • Recommend annual detail payroll budget and salary scales with input from the President’s Leadership Team.
  • Provide ongoing reporting, management and communication to the President and all budget managers to ensure the operations remain within budget.
  • Prepare and monitor monthly budget to actual reports.
  • Develop and manage the process to approve, fund and acquire new capital assets.

Financial Statements:

  • Prepare and analyze monthly financial statements. Provide reporting to all stakeholders including President, board-sub-committees and Board of Trustees.
  • In cooperation with the Vice President for Advancement, provide financial data for the annual President’s report.
  • Oversee the annual audit.
  • Prepare annual financial statement for annual audit report based on Not-for-Profit accounting guidelines.

Facilities Management Oversight:

  • Provide leadership oversight of facilities operations, including maintenance, capital improvements, space planning, safety and sustainability.
  • Partner with Director of Facilities Management to develop and manage capital budgets, long-range facilities master planning, and deferred maintenance strategies.

Information Technology Oversight:

  • Partner with Director of IT to develop and fund technology initiatives and system upgrades, ensuring systems, infrastructure and cybersecurity support organizational goals and comport with leading private secondary school expectations.

Other:

  • Post and analyze all investment activities monthly.
  • Maintain and update all security rights and passwords.
  • Ensure that donor-restricted funds and board-designated funds are tracked, held and released to appropriately honor donor intent and serve institutional objectives.
  • Review all payments before they are made.
  • Preparation of investment allocation schedules for scholarships and other donor restrictions.
  • Meet regularly with the chair of the Audit and Finance Committee to prepare the meeting agenda, discuss critical transactions, and review materials.
  • Assure payment card industry compliance, including completing necessary annual questionnaires, insuring our quarterly scans are passing, updating and monitoring secure credit card procedures for all processors at Regis Jesuit High School, and insuring we have updated PCI Compliance certificates for outside applications such as Blackbaud and IATS.
    • Acts as Administrator and Fiduciary of Regis Jesuit’s 403 (b) Retirement Plan.
    • Chairs quarterly Pension Committee meeting, records minutes.
    • Publishes monthly pension news email.
    • Liaison with TIAA-CREF and plan participants.
    • Conducts internal annual audit of the pension plan.
    • Assure compliance with all bond requirements, as issued by the Colorado Educational and Cultural Facilities Authority.

Requirements (Education, Experience, Required/Preferred Skills)

  • Strong knowledge of not-for-profit GAAP and auditing standards.
  • Bachelor’s degree in accounting, business or finance required. Master’s degree preferred.
  • CPA preferred.
  • A minimum of 2 years of experience in a CFO, VP of Finance, or Controller position.
  • Experience in investment management and analysis, banking relationships, and budgeting.
  • Experience with oversight of physical plant and/or IT operations is a plus.
  • Computer skills in accounting software and Microsoft Office applications, with experience in Blackbaud Financial Edge a plus.
  • Experience with supervision of staff.
  • Diplomacy skills and the ability to manage many daily tasks while carving time for advanced long-term projects.
  • Experience in Not-for-profit and /or Private- Secondary Schools a plus.
  • Strong analytical skills.
  • Possess strong interpersonal skills and contributes to a culture of care and respect.
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