Bynum School ยท 1 week ago
Director of Accounting and Finance
Bynum School is seeking a Director of Accounting and Finance who will serve as the chief finance and accounting officer and a key member of the senior management team. This role is responsible for developing and executing a financial strategy that supports the school's mission and oversees all finance, treasury, accounting, budgeting, tax, information technology, and audit activities.
Education Management
Responsibilities
Build strong, collaborative relationships with the Executive Director, Director of School Programs, and Director of Development
Participate in strategic planning and execution of organizational initiatives
Demonstrate strong business acumen, strategic thinking, and creative problem solving
Maintain a strong and trusted relationship with the Board of Directors and its committees
Anticipate financial reporting needs and present clear, accurate information regarding performance, budgets, and special projects
Collaborate with the Endowment Board to monitor investments and performance of endowment funds
Oversee cash flow management, short- and long-term financial forecasts, and investment of excess cash
Manage debt obligations and relationships with financial institutions
Ensure adequate liquidity to support ongoing operations
Lead annual budgeting processes in collaboration with senior management and the Board
Monitor results against budgets and strategic plans; provide analysis and recommendations
Support financial analysis for special initiatives, capital projects, and program expansion
Responsible for evaluating employee benefits, including insurance and maintaining benefit records
Oversee all areas of accounting, ensuring GAAP compliance, including accounts payable, accounts receivable, payroll, and financial reporting
Maintain and enhance accounting policies, procedures, and internal controls
Manage external reporting and ensure compliance with applicable laws and standards
Collect and review student grant applications and prepare information for committee approval
Coordinate planning, financial reporting, and reconciliation for fundraisers with the Director of Development
Prepare the annual financial report and oversee the annual audit
Approve payroll each period and manage employee benefits enrollment
Partner with the Executive Director and Director of Development to maintain strong relationships with donors, foundations, and community partners
Prepare financial components of grant proposals and required donor reports
Manage insurance policies, contracts, credit applications, and risk management programs to protect the organization
Communicate any building or organizational needs to Executive Director based on guidance from insurance agent
Oversee various Human Resource functions, such as workers' compensation claims and unemployment claims
Ensure financial systems support organizational needs and enhance productivity, accuracy, and efficiency
Maintain a flexible, evolving reporting environment that aligns with organizational growth
Ensure that Bynum School complies with all aspects of the IRS 501(c)(3) regulations to maintain the designated tax-exempt status
Stay current with all State regulations pertaining to tax exemptions and fundraising events
Comply with all reporting requirements
Qualification
Required
Bachelor's degree required
degree in Accounting or Finance preferred
CPA and/or MBA strongly preferred
HR experience is a plus
Successful completion of a background check
Proficient in Excel, Adobe, Word
Superior written and verbal communication skills
Strong analytical skills
Ability to work independently and in collaboration with Executive Director and colleagues
Preferred
Nonprofit organization experience preferred
Benefits
Evaluating employee benefits, including insurance
Insurance policies
Workers' compensation claims
Unemployment claims
Company
Bynum School
Located in northwest Midland, Bynum School is the only public or private school in West Texas providing uninterrupted year-round services to students from age 3 to adult.
Funding
Current Stage
Growth StageCompany data provided by crunchbase