SAS seeks a Chief Financial Officer/Chief Business Officer who will form a working partnership with the Head of School and various Board members and help support the Mission, Core Values, and Strategic Plan. He/she will perform a broad range of supervisory responsibilities, exercise sound judgment, and work collaboratively with other departments and managers. Reporting to the Head of School, the CFO/CBO is responsible for two major administrative functions: financial services and business/operational services.
Financial responsibilities include: • Long-range and strategic financial planning to support the vision of the School • Direction and coordination of all activities relating to financial services, accounting, fiscal reporting, forecasting, payroll, development of budget process, and budget management strategies • Cash management • Investment policy development and review, investment strategies, and other financial responsibilities as assigned
Business/operational responsibilities include: • Purchasing • Support services • Safety and Security • Operational campus management and all associated operational responsibilities which support the overall SAS community • Operational Risk Management
The Chief Financial Officer/Chief Business Officer is responsible for the financial control and accountability of funds from all sources and is responsible for two major administrative functions: financial services and business/operational services. In exercising oversight capacity, the CFO/CBO works to develop and implement strategies to ensure quality services and cost efficiency in these two functional areas.
The financial responsibilities include long range and strategic financial planning to support the vision of the School as well as direction and coordination of all activities relating to financial services: accounting, payroll, fiscal reporting, forecasting, development and management of budget, cash and investment management, internal and external audit, tax administration, legal advisory support and government relations, support for related corporate parties such as trust fund, parent investor and sponsor entities, and all other financial responsibilities as assigned.
The business/operational responsibilities include oversight of the following areas: purchasing of services as well as overseas and local goods, facilities and grounds management, support services (such as transportation, food, housing, and logistics services), risk management (health, safety and security services, insurance, travel services), and all other associated operational responsibilities which support the SAS community.
The CFO/CBO is expected to provide training, supervision, guidance, and support, by way of systematic approaches to formal and informal professional development, of personnel under his/her supervision. The CFO/CBO is expected to analyze individual and department performance and to develop approaches to improve the level of service for all areas of his/her responsibility.
The CFO/CBO serves as an administrative member of the general leadership team, as directed by the Head of School.
Specific performance responsibilities include:
Manages the following departments/services: - Finance Office - Purchasing Office - Facility Management - Support Services Offices (including Transportation, Food, Logistics, Housing) - Risk Management (including Health & Safety, Security, Insurance, and Travel Services) - Business Services (including Government Relations/Legal Advisor)
Sets forth desired objectives, develops procedures, and proposes changes in existing methods.
Plans, organizes, and directs fiscal management and control functions, for meeting both short term and long-term objectives, by way of the annual budget and multi-year strategic master plans. Oversees the preparation of the annual update to the 3-Year Facilities Capital Projects plan and the Facilities Master Plan, along with their execution.
Directs the planning, organization, and implementation of overall strategies and procedures for cash and investment management, collections, disbursements (local and foreign), tax administration, and debt management.
Directs the planning, organization, and implementation of overall strategies and procedures for procurement, including vendor validation, contract negotiation, financing, receiving, warehousing, inventorying, consolidation, shipping and receiving of goods and/or services. Supervises negotiations for and contracting of externally provided services such as transportation, food, security, and grounds keeping services and housing rentals.
In the area of Fiscal Accounting and Financial Reporting, provides organizational structure, procedures, monitoring and appraisal of fiscal systems, inclusive of internal controls review and multiple annual external audits; keeps the Head of School informed on financial conditions and prepares monthly and annual financial reports.
Directs and participates in management studies and reports on complex financial analyses and organizational and administrative policies.
Demonstrates continuous effort to improve operations, decrease turnaround times, streamline work processes, and work cooperatively and jointly to provide quality customer service.
Serves as lead administrator for the Finance, Audit, and Facilities Committees of the Board.
Specific requirements and/or preferences include:
A minimum of five years’ experience in a senior financial management role, preferably inclusive of operations management. Experience in international educational sector is highly preferred.
Master’s Degree in Accounting, Finance, or Business Management. CPA designation preferred
Demonstrated history of managing a broad range of supervisory responsibilities over others
Expertise in using current financial and accounting software, inclusive of robust reporting
Demonstrated experience in finance administration and accounting principles and practices
Experience with risk management and insurance portfolio management
Knowledge in purchasing and materials management
Ability to integrate information and data management systems
In addition, the successful candidate will demonstrate or possess:
A commitment to fully support the Mission, Core Values, and Strategic Plan
Experience working with an administrative team, a Board, and a community to develop strong and effective financial and operational policies and procedures
Effective interpersonal skills and comfort with all constituencies and cultures
Significant and successful administrative experience in a school business operation is preferred
Strong communication and listening skills
Willingness to embrace the culture of Shanghai and China
Experience in dealing with governmental and legal issue
Expertise in using current financial and accounting computer applications and data and information management systems
Excellent verbal, analytical, organizational and written skills
Demonstrated knowledge of strategic thinking and planning
Fluency in English required. Fluency in Chinese desired, but not required.
Demonstrated ability to inspire and lead others, from ideation to implementation
Employer will assist with relocation costs.
Additional Salary Information: Shanghai American School offers a highly competitive salary and benefits package that is designed to attract and retain suitably qualified professionals who are passionate about the School’s mission and willing to make a long-term commitment to the School.