Thayer Academy · 10 hours ago
Chief Financial and Operations Officer
Trustees of Thayer Academy - BRAINTREE, MA 02184
Full-time
Onsite
Director/Executive
$270K/yr - $310K/yr
10+ years expThayer Academy is an independent, co-educational day school serving students in grades 5-12 in Braintree, Massachusetts. The School seeks an experienced leader and strategic thinker to serve as the Chief Financial & Operations Officer (CFOO), responsible for overseeing the school's finances and managing various operational departments.
Primary/Secondary Education
Responsibilities
Develop and implement financial and operational strategies that support the School’s mission and goals, and are consistent with the organization’s fiscal policy and compliant with state and federal laws. This includes long-range financial and campus master planning
Effectively manage the financial operation of the school, including endowment, investments, cash management, financial analysis, budget management, debt compliance, and all tax-exempt financing
Engage in cooperative decision-making with the Head of School and Board of Trustees; serve as liaison to the Finance/Audit Committee, the Investment Committee, and the Buildings & Grounds Committee, providing required information and reporting
In partnership with the Head of School, the CFOO maintains all accounts and relationships with banks, professional accountants, legal counsel, and insurance companies
Supervise the preparation of the annual operating budget and present to the Trustees for approval. Prepare periodic financial reports for Trustees, Head of School, and members of the senior leadership team, and others as needed
Provide support to the Head of School and the Board of Trustees in setting the succeeding year’s tuition and financial aid budget to support the enrollment/reenrollment process
Administer the accounting system (Blackbaud) to prepare financial statements, cash flow reports, operating expense budgets, and any Capital Campaign Fund reports as needed
Control and manage the cash and all bank accounts of the school
Manage the enterprise risk management program to ensure the best pricing and policy terms of the insurance program, as well as reduce risk exposure to the School
Working with the Investment Committee and outside advisors, effectively maintain the Endowment portfolio investment and reporting
Support establishing new auxiliary revenue opportunities consistent with the strategic plan
Pursue and analyze alternate sources of financing to provide the lowest cost of money to support programs and activities when needed
At the direction of the School’s Finance/Audit Committee of the Board, schedule the annual independent audit
Develop and oversee capital projects, existing and new construction, renovations, off-campus sites, and develop deferred maintenance schedules
Partner with the Head of School, Chief Advancement and Engagement Officer, Trustees, and the senior team in planning and executing a comprehensive fundraising campaign in furtherance of the school’s strategic plan
Actively oversee day-to-day and strategic school operations, directly supervising the business office, IT, and human resources, as well as closely supporting and managing external vendor partnerships, including in IT, Dining Services, and Facilities
Actively participate in professional organizations such as NAIS, AISNE, and NBOA
Partners with the Director of Enrollment Management in the development and implementation of the school’s financial aid program
Ensures the timely review, updating, and legal compliance of the employee handbook, other human resources policies and practices, and key institutional policies
Represent Thayer Academy in community activities assigned by the Head of School
Qualification
Required
B.A., M.Ed., CPA, or related advanced degree required
Minimum of 10 years of senior financial and operations management and leadership experience required; experience at a not-for-profit organization, higher education, and/or independent school preferred
Expertise in budgeting, forecasting, and financial reporting
Deep knowledge of accounting principles
Advanced financial modeling and analysis
Strong understanding of key operational areas, including IT, HR, and campus/facilities
In-depth understanding of key financial controls, rules, and regulations
Knowledge of financial and business systems software
Excellent interpersonal and communication skills
Strong leadership ability, presentation skills, and ability to translate financial terms into understandable terms for managers
Strong analytical and mathematical skills to reason, estimate, analyze, and recommend
Must be able to supervise both exempt and non-exempt staff
Company
Thayer Academy
Located next to Braintree's historic district and just up the hill from the MBTA’s final Red Line stop is the historic 34-acre campus of Thayer Academy.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Julaine McInnis
Chief Finance and Operations Officer
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