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Chief Financial Officer

Under general direction of the Chief Executive Officer, the incumbent is responsible for all financial and fiscal management aspects of the organization’s operations providing leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the organization. Important aspects of the position include formulating financial policy and planning; providing overall direction for the accounting, tax, insurance, budget, credit and treasury functions; directing activities associated with the security and investment of the organization’s assets and funds; and ensuring financial transactions, policies and procedures meet organizational short and long term objections and regulatory requirements.

In accordance with the federal wage-hour laws, this is a salaried position and is not subject to the Fair Labor Standards Act’s (FLSA) minimum wage and overtime pay requirements.


Other Performance Measures

Successful performance on the job requires following safety guidelines and policies to reduce accident or injury to self or students, school dress standards, proper attendance and leave policies, and compliance with other policies set forth in the Employee Handbook. Creativity, initiative and effective problem solving are also important to the success of the incumbent.

Examples of Essential Functions
  • Oversee the organization’s annual budget in consultation with executive leadership and Board members; track budget against actual expenditures and report on quarterly or on an as needed basis to executive leadership and Board.
  • Assist in the development and maintenance of corporate operating budgets; compare spending requests against approved budgets for availability of funds prior to commitment and exercise accounting control ensuring that budget expenditures do not exceed authorized amounts.
  • Assess the impact of, and implement accounting and reporting standards promulgated by the Financial Accounting Standards Board and the American Institute of Certified Public Accountants, including implementation of related business practices.
  • Responsible for developing, monitoring and evaluating overall corporate strategy with the CEO and other business leaders with emphasis on bottom line performance, working capital, and enhancing stakeholder value.
  • Develop, implement, coordinate and maintain corporate accounting policies and programs in areas such as accounts receivable, accounts payable, and cost accounting; develop, review and modify accounting systems, and reporting methods and controls; maintain a complete and comprehensive filing of accounting source documentation.
  • Establish and maintain all contracts to ensure that billing and invoicing are in compliance with contracts; identify and resolve problems related to collection of cash for organization accounts; forecast organization’s cash receipts and ensure that cash receipt objectives are attained; notify top management immediately of any suspected deviation from plan.
  • Supervise the maintenance of the organization’s chart of accounts; assign new classifications as needed; be responsible for the correct and accurate accounting classification of all expenditures and documents including capital and other.
  • Direct the preparation of statistics and ratios for periodic financial statements, including the preparation of charts and graphs showing progress, conditions and results; prepare annual audited financial statements and make required periodic reports to appropriate agencies.
  • Provide supervision and direction to internal accounting and payroll staff and outside consultants and auditors.
  • Participate as a member of the Board of Trustees Finance Committee.
  • Most tasks require oral communication, visual and hearing perception, and the ability to move around the classrooms, cafeteria, gym, campus, etc.
  • Maintain confidentiality of parent, student and staff personal identifiable information.
  • Other duties as assigned.
Required Qualifications
  • Considerable knowledge of finance, accounting, budgeting and cost control principles.
  • Considerable knowledge of automated financial and accounting reporting systems..
  • Considerable knowledge of federal and state financial regulations.
  • Working knowledge of personal computers and appropriate software applications including Microsoft Office Suite and Great Plains.
  • Ability to provide leadership and direction toward the achievement of the organization’s philosophy, mission, strategy, and its annual goals and objectives.
  • Ability to analyze financial data and prepare financial reports, statements, and projections.
  • Ability to prepare and interpret financial reports and statements.
  • Ability to plan, direct, supervise and evaluate the activities of a professional and technical staff.
  • Ability to work harmoniously and productively with public officials, legislators, local community agents, administrators, and the general staff.
  • Strong administrative and organizational skills.
  • Requires strong interpersonal skills and the ability to communicate verbally and in writing.
  • Requires Certified Public Accountant certification.
  • Successful completion of the required training courses within a specified period of time
  • Tuberculosis screening to assure no significant risk to the health and safety of others.
  • Successfully passing a criminal background investigation and pre-employment and random drug screening.
Examples of Knowledge, Skills and Abilities
  • Knowledge of the current state and federal guidelines for Special Education.
  • Knowledge of the provisions of local, state and federal laws and regulations pertaining to students with autism and/or intellectual and multiple disabilities.
  • Knowledge of charter school legislation and related regulations at the local, state and federal level.
  • Knowledge of current Medicaid regulations and funding streams.
  • Ability to formulate and direct the implementation of policies and procedures.
  • Ability to implement the strategic goals and objectives of the organization.
  • Ability to successfully handle multiple projects concurrently and to work as a member of the team.
  • Ability to interpret and follow instructions furnished verbally, in writting, diagram, or schedule form.
  • Ability to read, interpret, and follow safety rules, operating and maintenance instructions, and procedure manuals. 
Sensory Requirements

Most tasks require visual perception and discrimination. Some tasks require oral communication ability. Some tasks require the ability to perceive and discriminate sounds.

Minimum Acceptable Education and Experience

Bachelor’s degree in Accounting or Finance, CPA certification and five (5) years’ experience as a CFO or in a senior level finance or accounting position.

Location

Washington, DC

Non-Profit

Admin

Questions?

Email us at: jobs@stcoletta.org

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