Park Street School is located in the heart of Boston’s historic Beacon Hill neighborhood and offers a continuous, integrated, Christian-based learning environment to students from toddler to grade six. Exemplifying a Christian worldview, Park Street School is an equal opportunity employer and is continuously striving to maintain a faculty and staff with varying backgrounds and cultural experiences. Park Street School offers competitive benefits, generous time off, and a meaningful work environment with like-minded colleagues.
The Director of Finance (DOF) drives the financial strategy and planning. The DOF oversees all finance matters including budgeting, contracts, financial aid, expense control, financial reporting, accounting controls, cash management and banking relations, capital budgets, and risk management. More specifically, the Director of Finance administers control and oversight of the following business and financial operations of the school.
Finance and Human Resources
- Supervise the work of business office personnel and use standard accounting and bookkeeping procedures to keep an accurate, continuous record of the cash and financial position of the school and manage the financial operation of the school so that the institution remains financially stable.
- Oversee accounts receivable and payable.
- Monitor and control cash flow.
- Efficiently manage expenses within all school departments.
- Help to ensure that the school operates within budget.
- Partner with the Head of School and the Board of Trustees’ committees to develop the annual operating budget and maintain a long-range financial model for the school.
- Oversee all school purchasing, financial investments, and banking activities.
- Manage outsourced financial relationships.
- Work with the Head of School to provide capital budgeting and project oversight for new construction and renovation projects.
- Review and negotiate facility contracts and agreements.
- Collaborate with the Director of Admissions to effectively manage the Financial Assistance program.
- Evaluate, purchase, and oversee property, liability, vendor, and workers’ compensation insurance programs.
- Partner with the Business Manager in the administration of the retirement plan.
- Perform payroll analysis to assist Head of School and Board of Trustees in determining teacher and staff raises.
- Execute employee annual contracts for all faculty and staff.
- Manage risk at the school to ensure the safety of personnel and students in their use of the facilities and to maintain appropriate levels of insurance to protect the property and to cover the liability of the school.
Reporting and Support
- Provide necessary reports to the Board Treasurer and Head of School for quarterly and yearly Board of Trustee meetings.
- Provide quarterly financial statements to submit to the bank.
- Distribute monthly budget manager reports and update new budget amounts annually.
- Maintain accounting database budgeting module for accurate reflection of departmental budgets.
- Provide for the securing of an annual audit of the school’s financial records and financial positions and complete financial compliance activities along with the business office personal.
- Serve as liaison between school and insurance brokers.
- Ensure that the school complies with all federal, state, and local laws as well as maintains tax-exempt status on a federal, state, and local level.
Communication and Liaison
- Represent the school at various regional, state, and national associations relative to the role of being the Director of Finance.
- Inform teachers and staff of policies and benefits at teacher orientation and throughout the year.
- Address and inform the school parents at the annual parent orientation of school policies.
- Develop and maintain a company’s financial policies and procedures.
- Perform other duties as assigned.
Requirements and Qualifications
- Bachelor’s degree in Accounting required (advanced degree preferred).
- Minimum 5 years of related experience.
- Previous non-profit experience, preferably in an independent school, is preferred.
- High proficiency with technology, including Excel, Microsoft Office, and related products is essential.
- Experience with a School Information Management platform (experience with Veracross is a plus).
- Personal qualities sought: Integrity, analytical thinker, ability to multi-task, problem solver, proactive management style, a life-long learner who seeks to remain current through continuing education and professional development.
- Must be characterized by excellent judgment, strong organizational and time management skills, and attention to detail.
- Commitment to maintaining confidentiality in all matters is required.
- Strong written and verbal communication skills, good interpersonal skills, and the ability to achieve results with diverse constituencies.
- A willingness to work in a fast-paced independent school environment while juggling multiple priorities.
- The successful candidate will be able to prioritize and complete tasks with minimal supervision and will be able to learn new technologies and be flexible with a range of job duties.
- This is a full-time position.
- Salary is commensurate with experience, with a very competitive benefit package.
- Starting date: ASAP
How To Apply