Boston College High School, Boston, MA
Accredited by NEASC
Job Summary: The Director of Finance is responsible for directing the daily operations of the Finance & Accounting office and its staff members. This includes providing monthly and quarterly financial statements, budget vs actuals, cash flow, and other financial reporting. This includes oversight and maintenance of the general ledger and all subsidiary ledgers, as well as the fixed asset, accounts receivable, accounts payable and billing functions. In addition, the position has responsibility for the bookstore and summer programs. The Director will work closely with the Manager of Human Resources, Director of Information Technology and the Director of Facilities as part of the management team of Administration and Finance.
Summary of essential job functions
- Oversee all journal entries posted to the General Ledger. Oversee the reconciliation of all bank statements, ledger accounts and subsidiary ledgers. Review the fixed asset ledger including asset additions, deletions and monthly depreciation reports. Ensure compliance with all financial and accounting system controls and standards.
- Oversee monthly payroll activity.
- responsibility to work with the School’s auditors to prepare and complete the annual financial statement audit. This includes a vast array of reports, calculations, spreadsheets, reconciliations, etc. as required by the audit process in the creation of the School’s financial statements.
- Provide leadership and guidance to Finance & Accounting Office staff, the Bookstore Manager, and the Director of Summer Programs including assisting with duties and preparing annual goals and annual performance reviews.
- Oversee the distribution of all financial aid and scholarship money to student accounts. Oversee the operation of the Bookstore and the School’s student debit card program. Serve as the liaison with the Advancement Office to maintain accurate accounting for all donations and pledges. Works with the Student Affairs Office on matters relating to student transportation and miscellaneous fees.
- Assist SVP with the preparation and maintenance of the School’s annual budget. Create budget reports and work with department heads as necessary on individual budget questions/problems.
- Assist the SVP with financial planning, forecasting and budget management functions. Work with leadership team to prioritize the needs of the school and allocate resources accordingly.
- Recommend benchmarks for measuring the financial and operating performance of the school.
- Monitor and analyze monthly operating results against budget
- Manage the preparation of financial forecasts in coordination with the SVP
- Work with department managers and academic leaders and chairs to develop five-year business plans
- Strategic planning with the SVP in areas of enrollment, advancement and auxiliary services
- Oversight and management of auxiliary services including Bookstore, Dining Services and Campus Rentals.
- Assist in establishing short- and long-range departmental goals, objectives, policies, and operating procedures
- Design, establish, and maintain an organizational structure to effectively accomplish the departments goals and objectives
- In coordination with the SVP, serve as a conduit to the Board of Trustees on matters of Audit, Finance, and Investment
- Serve on planning and policy-making committees
- Work closely with the Enrollment Management department to ensure we meet the enrollment objectives of the school, including financial aid strategies and targets.
- Manage the internal reporting and activity of an $80 million endowment
Skills and Abilities
- Degree in Business, Accounting, or Finance or, 5 - 7 years experience in financial management, in a not-for-profit educational setting.
- High-level experience in independent schools, higher education, or non-profit organizations.
- Ability to analyze data, create summary reports, models and forecasts.
- Knowledge of finance, accounting, budgeting, and cost control principles including GAAP. Ability to analyze financial data and prepare financial reports, statements, and projections.
- Excellent management and leadership skills, with experience overseeing a large staff.
- Requires professional verbal and written communication skills and the ability to interact effectively with a wide range of individual styles.
- Excellent analytical and organizational skills. Knowledge of automated financial and accounting reporting systems, experience specifically with Blackbaud preferred.
This position supervises the following personnel
- Director of Summer Programs
- Bookstore Manager