The Chief Financial Officer (CFO) plays a critical leadership role within the network to achieve financial sustainability by maximizing the use of available funds, assessing financial risk and opportunities, and creating cost efficiencies. The CFO will play a lead role in the sustainability of the schools while managing finance, risk management, and payroll. The CFO reports directly to the Chief Executive Officer. 

YOUR RESPONSIBILITIES 

Strategy Leadership 

• Set financial strategic direction & drive toward organizational priorities across the network 

• Set the vision, strategy, and metrics for the fiscal, budgeting, reporting, and auditing work 

• Ensure financial strategies are integrated and aligned across functions that are specific and time-bound

• Communicate financial vision, strategy, priorities, and data to stakeholders 

• Build, manage, coach, and professionally develop financial staff members 

• Set clear short-term and long-term priorities that are data-driven

• Streamline effective systems and facilitate collaboration amongst school leaders

• Financial coaching and support for schools across network

Finance & Business 

• Annual planning and budgeting process for the network 

• Data-driven financial reporting, operations, and accounting inclusive of updated budget and forecasting

• Annual auditing process

• Maintain compliance with financial documentation and regulatory reporting, including tax and TEA reporting as necessary 

• Oversee bookkeeping processes, payroll, A/P, A/R, reconciliations, and monthly closing, payment collection, and recordkeeping

• Cross-collaboration with network senior leaders, HR/talent, fundraising efforts 

Facilities and Real Estate Management 

• Oversee the financial aspects of facilities management

• Develop and monitor costs associated with long-term facility planning 

• Support district growth and development needs with infrastructure, facility needs real estate 

• Ensure all compliance with state and local regulations

Procurement 

• Evaluate capital purchasing needs with CEO 

• Evaluate contracts/pricing for ongoing services and regularly-purchased products

• Maintain vendor relationships 

• Ensure compliance 

Risk Management and Controls 

• Provide risk management analyses

• Maintain sound fiscal policies and continuously improve financial operations 

• Establish and maintain robust internal controls 

• Oversee and maintain appropriate insurance policies

• Manage annual insurance audit processes

Compliance 

• Ensure compliance systems, staffing, and tools in place for annual and charter cycles 

• Oversee staff managing federal and state grants. 

• Ensure compliance with applicable laws, regulations, and district policies. 

Collaboration and Stakeholder Engagement 

● Work collaboratively with leadership, department heads, and school principals 

● Serve as a key liaison to external stakeholders 

● Engage with the community, parents, and other stakeholders to build trust and 

transparency. 

Partner School Financial Services 

● Develop, maintain, and renew partner school contracts 

• Perform or oversee services provided to partner schools

Finance/Business Team Talent Management 

• Develop and execute differentiated professional development

• Manage and coach finance/business managers 

• Collaborates with the talent team 

• Coach and develop teams on core competencies 

YOU HAVE 

• A Master’s degree; preferably an MBA or master's in accounting, finance, or a related field 

• 10 years of professional experience with at least 5 years in a finance-related position 

• Deep understanding of basic accounting principles with knowledge of nonprofit 

accounting 

• Knowledge of and experience preparing, overseeing, and administering large budgets

• Experience working in partnership with lenders, funders, and consultants 

• Knowledge of the legal and ethical guidelines and obligations applicable to the position 

COMPENSATION

• Competitive salary based upon credentials and experience ranging from $134,000 to $194,000 

• The CFO can be based in either Austin, TX, or San Antonio, TX.