Director of Finance

Location: Richmond, VA
Job Category: Full-time, 12-month

Classification: Exempt
Hours: 40+ hours/week

Salary: $115,000 annually

Department: Administration

Start Date: Immediate

Sabot School seeks a dedicated, dynamic and experienced full-time Director of Finance to oversee the school’s financial operations to ensure the delivery of programs and sustainability of the school. This includes strategic financial planning, budgeting, accounting and the annual audit and 990. The Director of Finance serves as a key member of the senior leadership team and on the Board of Directors’ Finance Committee.

The ideal candidate will possess a strong background in independent school or non-profit finance and will be a dynamic and innovative thinker with stellar communication and organizational skills.

The ideal candidate is a proven leader who establishes and maintains cooperative working relationships with multiple constituencies, possesses strong time-management skills, takes initiative and is a collaborative problem solver. The Director of Finance will play a crucial role in shaping the school’s strategic vision for the future. Additionally, the ideal candidate must possess an enthusiastic commitment to the importance of building and sustaining a diverse, just, inclusive, and equitable environment.

Under the general direction of the Head of School, the Director of Finance oversees the school’s financial operations to ensure the delivery of programs and sustainability of the school. The Director of Finance serves as a strong partner to the Head of School on all strategic and tactical matters as they relate to financial objectives, planning, and programs aligned with the mission, strategic direction, and culture of the School.

The Director of Finance’s direct report is the Staff Accountant.

Interested candidates should click the link below to submit the following materials:

• Letter of interest
• Resume
• Contact information for three professional references

The Director’s essential duties and responsibilities include but are not limited to:

• Work with the Head of School and Board of Directors on all aspects of budget and finance, including ongoing management of expenses, monthly and quarterly closings and reporting, tuition setting, budget creation, and delivery of performance data;
• Prepare the annual operating and capital budgets;
• Manage and track expenditures according to the budget;
• Review monthly, quarterly and annual closings and financial reports prepared by the Staff Accountant and make appropriate adjustments and changes, ensuring timely reporting;
• Manage regular and frequent communication with creditors to maintain positive working relationships;
• Lead the school’s financial planning and long-term projections in collaboration with the Board of Directors’ Finance Committee;
• Work closely with Director of Operations to identify and prioritize facilities/capital maintenance projects and how to finance them;
• Maintain ongoing awareness of the School’s financial position, opportunities, and risks.

Accounting

• Oversee the school’s accounting practices, ensuring accuracy and timeliness of recording and reporting, adherence to state and federal law, and generally accepted accounting principles (GAAP);
• Oversee and approve accounts payable;
• Oversee accounts receivables and ensure timely collections;
• Oversee the monthly closing and reconciliation of accounts;
• Manage cash and investments to ensure adequate cash flow to meet the organization’s needs;
• Coordinate and oversee the annual audit and internal controls, annual tax filings, annual UBIT, and other required financial reports.

Human Resources

• Ensure compliance with statutory and regulatory requirements with respect to labor, benefits, human resource issues, and required employee policies, as well as working with the Program Directors on required employee training;
• Manage the school’s employee benefit program and provide guidance and assistance to employees;
• Provide appropriate benchmark data and information to the Head of School and/or the Board, as appropriate, for compensation comparisons and the preparation of employment offers or arrangements;
• Revie…