Position Description: Marshall School seeks a strategically-oriented and experienced business leader to fill the key position of Chief Financial Officer. The CFO reports to the Head of School and is responsible for all financial operations of the School, including accounting, budgeting, long-range financial planning, audit preparation, and payroll administration.
Working closely with the HOS and Board, the CFO supports the School’s mission and strategic plan, and is responsible for the implementation of a long-term financial plan. The new CFO will be a key member of the senior leadership team that oversees the operation of the School and leads the conversation about industry innovation. The ideal candidate for this high-profile position is a strategic thinker who has strong, critical thinking skills. The candidate of choice will be proficient with accounting systems and in effective data analysis to support innovation and efficiency across the organization.
Essential Duties and Responsibilities:
Partner with the senior leadership team, and board of trustees in managing and developing efficient and effective methods to steward the School’s annual operating budget to meet short term needs and long terms strategic objectives.
Develop and participate in strategic planning discussions to foster long-term sustainability.
Ensure that all financial operations are in conformity with Best Practices and the School’s financial policies. Oversee financial operations of the School including: accounting activities, financial investments, payroll, benefits program and purchasing
Develop, propose, and implement Board-approved annual operations and capital budgets.
Prepare and attend meetings of the Assets Committee. Prepare and provide accurate financial statements, including: dashboards, variance reports, balance sheets, etc. Attend full meetings of the full board and the Endowment Committee.
Ensure that human resources policies and practices are clearly articulated, consistently applied, and conform to legal requirements. Oversee administration of all benefit programs.
Coordinate annual independent audit process; file required tax returns; and maintain compliance with all tax laws.
Develop recommendations for the Finance Committee related to annual tuition increases, financial aid budget, and salaries in consultation with the Head of School.
Maintain professional relationships with the School’s banks, attorneys, auditors, insurance carriers, contractors, and accrediting organizations.
Assist the Head of School with overseeing the School’s Crisis Plan, and serve on the Crisis Team.
Manage the employee and vendor contract process as well as legal matters impacting the School.
Required & Desired Qualifications:
BA required; MA or CPA preferred
Minimum five (5) years non-profit experience
Strong writing and presentation skills.
Personal integrity, demonstrated capability to build trust, and meticulous attention to detail
Strong background in modeling, forecasting, and strategic planning
Ability to embrace and implement change while fostering a high level of teamwork.
Strong customer service orientation.
Supervises: Controller, Support Staff, HR Manager, Food Services
About Marshall School
Marshall is an independent day school in Duluth, MN serving 410 students in grades 4-12. The school was founded in 1904 and is the only independent school north of the Twin Cities. It is accredited by the Independent Schools Association of Central States.