What are the responsibilities and job description for the Chief Financial Officer Position position at Forman School, Inc.?
Job Description
The Chief Financial Officer at Forman School, Inc. is a senior leadership position responsible for the school's financial health, financial reporting, and strategic financial oversight. The successful candidate will be an innovative and entrepreneurial financial leader who can act as a close advisor to the Head of School and partner with the Finance Committee of the Board of Trustees.
Key Responsibilities
- Provide leadership on issues of financial affairs, creating and leading a strong, disciplined, well-formed, and achievement-oriented financial team.
- Proactively advise, consult, and strategize with the Head of School on all financial aspects of the school.
- Partner with the Head of School and Senior Leadership Team in envisioning and developing plans to ensure that approved strategic initiatives are appropriately funded.
- Act as a liaison to the Board, co-lead the Finance & Investment, Audit & Compliance, and Buildings & Grounds Committees: provide strategic leadership, advice, and partnership to the Board and school leadership.
Financial Planning & Accounting Operations
- Supervise the work of the Comptroller, Director of Human Resources, and business office personnel; use standard accounting and bookkeeping procedures, ensuring appropriate internal controls to keep an accurate continuous record of the cash and financial position of the school.
- Foster a collaborative, cross-trained business office that promotes teamwork and a goal-oriented culture.
- Address parent questions and concerns regarding billing, contracts, and other business-related matters of the school, utilizing a strong customer-oriented model of communication.
Employee Benefits Administration & Risk Management
- In conjunction with the Director of Human Resources, assist the Head of School with an effective and transparent compensation model, including salaries and benefits for all Forman colleagues.
- Collaborate with the Director of Human Resources on the development and implementation of strategies and best practices on the school's hiring processes and administration of colleague benefits programs, including pension, health insurance, life, and disability insurance, flexible spending accounts, and 403(b) plans.
Facilities Management & Auxiliary Operations
- Oversee and supervise the management of the school, including housekeeping and maintenance, directing a strategic team culture.
- Identify and initiate enhancements to the school's physical plant to maintain, preserve, and ensure asset value. Initiate a long-term campus master planning process.
