Merion Mercy Academy · 2 days ago
Chief Financial Officer
Merion Station, PA
Full-time
Onsite
Lead/Staff, Director/Executive
5+ years expMerion Mercy Academy is an independent Catholic college preparatory school for girls in grades 9-12 outside Philadelphia, Pennsylvania, seeking a Chief Financial Officer. The CFO will lead the financial strategy and operations of the school, ensuring financial health and sustainability while collaborating with senior leadership and the Board of Trustees.
EducationHigher EducationTraining
Hiring Manager
Anne Gregg
Responsibilities
Develop and execute the school’s financial strategy, aligning it with the overall mission and goals of the school
Prepare and present annual budgets, forecasts, and financial reports to the Board of Trustees and senior leadership
Lead the budgeting process, working collaboratively with department heads to create and manage departmental budgets
Monitor financial performance against budgets and forecasts, providing insights and recommendations to improve financial health
Oversee all financial functions including accounting, accounts receivable, accounts payable, purchasing, investments, and financial reporting
Ensure the school’s financial policies and information technology support accurate and efficient financial reporting
Oversee all human resource functions, including payroll, benefits management, and policy and procedure compliance
Ensure accurate and timely financial reporting in compliance with applicable standards and regulations
Develop and implement capital improvement plans for the improvement of school facilities, ensuring they meet educational needs and safety standards
Oversee long-term facilities project planning, including construction, renovation, and maintenance of classrooms, athletic facilities, and administrative buildings
In collaboration with the Facilities Director, oversee the day-to-day operations and maintenance of school facilities ensuring they are safe, clean, and conducive to learning
Negotiate contracts and manage relationships with external vendors and contractors providing maintenance, cleaning, and renovation services
Ensure quality service and adherence to contract terms, performance metrics, and school standards
Ensure all facilities comply with health and safety regulations, including fire codes, accessibility standards, and environmental regulations
Develop and implement policies related to facility usage, safety protocols, and emergency preparedness
Assess and manage financial risks, ensuring appropriate internal controls and risk mitigation strategies are in place
Advise on insurance and risk management strategies to protect the school's assets
Act as the primary liaison between the school and financial partners, including banks, auditors, and investment advisors
Collaborate with the Board Finance Committee to provide updates and insights on financial matters
Ensure compliance with all financial regulations and standards, including tax and reporting requirements
Support the development and implementation of financial policies and procedures
Lead and mentor the business office staff, fostering a collaborative and professional work environment
Promote a culture of transparency and accountability in all financial operations
Qualification
Required
Bachelor's degree in Finance, Accounting, or a related field; MBA or CPA preferred
A minimum of 5 years of experience in finance leadership, preferably in an educational or nonprofit setting
Strong understanding of financial regulations, accounting practices, and budgeting processes
Excellent analytical, organizational, and problem-solving skills
Proven ability to communicate complex financial information clearly to diverse stakeholders
Strong leadership skills with a collaborative approach to working with others
Preferred
MBA or CPA
Company
Merion Mercy Academy
Merion Mercy Academy is a preparatory high school for girls offering holistic education, academics, and personal development training.
51-200 employees
Funding
Current Stage
Growth StageRecent News
Philadelphia Business Journal
2025-03-14
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