About the School
Founded in 1903, Ransom Everglades School is a coeducational, college preparatory day school of 1,130 students in grades 6 – 12 located on two campuses in Coconut Grove, Florida. Ransom Everglades produces graduates who “believe that they are in the world not so much for what they can get out of it as for what they can put into it.” The mission of Ransom Everglades is to provide an educational environment in which the pursuit of honor, academic excellence and intellectual growth is complemented by concern for the physical, cultural and character development of each student. The school provides rigorous college preparation that promotes the student’s sense of identity, community, personal integrity and values for a productive and satisfying life, and prepares the student to lead and to contribute to society.
The school is a diverse, inclusive and welcoming community that takes pride in a long tradition of honor and excellence and shares a deep commitment to service and community building.
About the Position
The CFO reports to and is a crucial advisor to the Head of School. In addition, the CFO is an important member of the School’s Leadership Team and the Board of Trustees’ Finance and Audit, Investments, and Buildings and Grounds Committees. The CFO participates actively in the execution of the School’s strategic plan and ensures that the School’s current and future projects are well-funded and well-managed and aligned with both the mission of the School and its long-term financial sustainability. In addition to overseeing all of the School’s banking and investment activities, capital and building projects, and risk management, the CFO supervises Accounting, Human Resources, Facilities, Security, Facilities Rentals, Bus Services, the Bookstores (2), and Food Services. Not including the employees of contracted services, the CFO oversees approximately 34 employees and a $53.8 million budget. In addition, the School has a $50 million endowment fund and is completing a $75 million capital campaign.
- Responsible for the long-term health and sustainability of the School’s financial and physical resources.
- Plan, direct and manage the School’s financial operations including accounting, monitoring and reporting, budgeting, internal controls, tax and regulatory compliance, and investing initiative.
- Establish a plan and schedule for the preparation of the tuition (mid-year budget to set tuition) and final budgets to present to the Head of School and Board of Trustees.
- Prepare and present financial reports and modeling to support enrollment, financial aid, investments, capital improvements, staffing and development decisions for consideration by the Head of School and the Board of Trustees for short and long-term financial sustainability.
- Oversee all school purchasing, financial investments, banking activities, payroll and benefits programs.
- Direct treasury activities, including the care and custody of financial assets.
- Analyzes key performance indicators to determine how the School is performing in comparison to peer schools.
- Create reporting package for all constituents.
- Ensure adherence to all appropriate FASB ASC and GAAP accounting standards, and all relevant state and federal tax reporting requirements.
- Develop, implement and maintain internal financial reporting systems and financial controls.
- Oversee the annual audit of the school’s financial statements, 403 (b) retirement plan and 990 tax return.
- Ensure fiduciary responsibility for retirement plans.
- Analyze and recommend strategies to efficiently use the resources and personnel to achieve the School’s goals.
- Assist the Head of School with decisions regarding salaries and benefits for all employees.
- Supervise the administration of human resources programs and policies including hiring and termination procedures, attendance, workers’ compensation, performance evaluations, payroll, benefits administration and compensation.
- Supervise the administration of maintenance and security functions.
- Establish and maintain standards of ongoing infrastructure needs for all facilities.
- Develops plans for the replacement, renewal, and scheduled maintenance for all building systems.
- Perform risk management assessments to ensure appropriate precautions and safety policies are in place, adequate, and cost-effective insurance is in force.
- Manage risk to ensure the safety of personnel and students in their use of the facilities and maintain appropriate levels of insurance to protect the property and cover the liability of the school.
- Supervise bookstore operations including the purchasing and distribution of textbooks and supplies.
- Supervise the rentals of facilities to support a positive school community program.
- Collaborate with the Director of Summer Programs to ensure a safe and productive program.
- Collaborate with the Advancement Director to articulate operating support that targets the annual budget plan as well as compliance with the School’s gift policies.
- Collaborate with the Admission Director and the Financial Aid Director to provide oversight of the financial aid awards and manage the financial aid budget.
- Work collaboratively with the Chief Technology Officer on all tasks related to technical, infrastructure, and integration of technology.
- Develop and maintains professional relationships with the School’s bank, attorneys, auditors, investment managers, insurance carriers, architects, contractors, vendors and local government officials.
- Serve on the Finance and Audit, Building and Grounds, and the Investment Committees of the Board of Trustees.
- Bachelor’s degree minimum requirement, MBA or similar degree preferred
- 5 years of financial leadership experience at an independent school
- Ideal candidate likely has additional certifications
- Excellent verbal and written communication skills
- Strong organizational skills
Candidates interested in this position are asked to submit the materials listed below as soon as possible.
- Letter of Interest
- A list of five or more references with contact information (including phone numbers and email addresses)
- Up to three letters of reference (optional)
Please address any inquiries or expressions of interest to:
- Nat Conard, Partner, Educators’ Collaborative, LLC (email: firstname.lastname@example.org, phone: 908-531-5183)