Chief Financial Officer (CFO)
Washington, DC, USA | Non Profit Organization
Industry:Non-Profit / Social Enterprise
Functions:Accounting / Control
Job Description:172 people have viewed this job
An integral member of the senior management team, reporting directly to the Executive Director of the Latin American Montessori Bilingual (LAMB) Public Charter School, a non-profit organization within the District of Columbia. The CFO is charged with providing strategic vision and leadership for finances, to include planning, execution, and financial reporting in accordance with laws, regulations and policies.
The CFO further supports the use of a strategic finance view, allowing for transparency and accountability in the allocation of resources to support LAMB’s mission and strategic goals by strengthening administrative and operational efficiency in a supportive and productive financial environment. The CFO works to create a culture of engagement in the financial health of LAMB and supports LAMB’s values and culture, including its commitment to montessori and bilingual education.
ESSENTIAL DUTIES & RESPONSIBILITIES
Duties and responsibilities include but are not limited to:
Coordinates, manages, and oversees all financial activities, including budget development, budget execution, and financial reporting in accordance with laws, regulations, and policies.
Responsible for budget reports, including collection and dissemination of available data for budget development and resource allocation, and communication of budget information.
Coordinates and delivers responses to and corrective actions relative to audit findings.
Direct andcoordinate staff in the finance office, which is responsible for payroll, budget, finance, procurement and or accounting functions.
Assures the effectiveness of financial applications that support accounting, banking, budgeting, investments, and payroll
Performs risk management by analyzing liabilities insurance and investments
Developes investment strategies by analyzing cash needs and considering liquidity risks
Ensure cash flow is appropriate for the operations, to include financial modeling.
Serves as a direct counsel to the Executive Director relevant to matters of finance, grant compliances and associated regulatory issues, and financial reporting requirements; and recommends necessary actions.
Ensures financial alignment with the school’s mission, and strategic goals; facilitate solutions and identify discrepancies.
Serves as an active team member and participates in all school-wide planning, development, and program evaluations.
Assists with the alignment of school-wide planning related to staffing and human resources.
Provides information and representation at school-wide functions as needed.
Provides input and guidance in the development of policies and administrative and support the implementation of programmatic goals and objectives.
Builds and maintains positive relationships among school staff, parents, businesses, Board of Directors and other community stakeholders, and establish relationships with parents,community leadership and stakeholders.
Exercises proactive leadership and model collaborationby serving as a member of educational organizations, work groups, committees, and project action teams that support schools and LEA associations.
Assists in the articulation of programs, policies, and philosophy of the school to staff, Board of Directors, and other community supporters, upon request.
Performs other duties as assigned.
KNOWLEDGE, SKILLS & ABILITIES
Knowledge of and skill set to:
Strategize and solve problems
Apply analytical skills and be comfortable with numbers
Interpret applicable financial, accounting, and tax laws, regulations, and policies
Support payroll processes, cost accounting systems,budgeting procedures and financial and business operations for schools and similar governmental agencies.
Effectively use or knowledge of financial applications supporting budget, accounting, banking, healthcare, payroll, and investments
Conduct contract negotiations, employee visas and sponsorships processes.
Scope and prepare agenda items and present to large audiences and the Board of Directors
Use data-informed decision making to determine effectiveness of various programs and initiatives and develop strategies for improvement
Motivate, lead, and challenge a team, and establish goals, objectives and action plans to achieve district goals
Work collaboratively with others and facilitate groups to consensus
Successfully lead the implementation of a productive budgeting process
Serve as a representative on behalf of the School at local, governmental, and regional events
Communicate effectively with a variety of audiences orally and in writing, including electronic media and
Articulate current research, trends, and best practices in areas of the responsibilities and duties of the Chief Financial Officer.
EDUCATION, TRAINING & EXPERIENCE
Master’s Degree from an accredited educational institution orBachelor’s Degree in business administration, accounting, finance, or related field from an accredited educational institution
Satisfactory combination of additional experience and technical training which demonstrates the knowledge, skills and abilities to perform the essential responsibilities
Experience in public school or public charter school administration, public school district administration, or leadership of other large, diverse organizations.
Five years or more of successful experience with responsibilities related to the financial/business operations of a school district or comparable experience with substantial operating budget
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