St. Francis Episcopal School in Houston is a primary through high school co-educational day school known for its supportive culture and intellectually rich, forward-thinking programs. Serving 878 students of all backgrounds, the school offers an innovative curriculum and a faith-based program designed to help its students develop a strong sense of identity, the skills for college and life, and a commitment to the greater good. From its Reggio-inspired approach in Primary School to the student-centered STEAM and design-thinking programs in the Upper School, all divisions use research-based pedagogical approaches to engage student learning on a deep level.
Through a well-orchestrated plan, St. Francis Episcopal School has been growing recently from a Pre-Primary through grade 8 school into a Pre-Primary through grade 12 school — adding a grade level to the Upper School each year since it opened in 2018. As the newest division, the Upper School has been thoughtfully developed as a leading-edge program based on both the school’s mission and the growing body of knowledge and research in the science of learning. The 2021–22 will be the first academic year with all four high-school grade levels and the first graduating senior class in the history the school.
St. Francis Episcopal School seeks a Chief Financial Officer starting in the summer of 2021. The CFO will join the school’s Executive Teamto oversee all financial operations at the school which is in the midst of enrollment growth and expansion of facilities. The duties of the CFO require working directly with the Head of School, fellow administrators, and the Board to develop and execute the overall financial strategy for the school as it deals with all the moving parts of its growth, expansion, and operation.
The Chief Financial Officer serves as a member of the Executive Leadership Teamand reports directly to and works under the direction of the Head of School. The CFO provides the Head of School and the Board detailed financial forecasts and works in partnership with the Head of School to implement the school’s strategic plan, school goals and initiatives as outlined by the Head of School. This individual is the supervisor for the Director of Facilities, Director of Technology, Director of Human Resources, Interim Controller, and Director of Explore & Extend (after school and summer programs), and works with the Head of School and budget managers in the preparation of financial forecasts and budgets.
Provides reliable and accurate financial information to the Head of School; Board of Trustees, its officers and committees; external auditors; donors; federal, state, and local authorities; and others internal and external to the school as directed and necessary.
Supports the Head of School in the implementation of the strategic plan and school goals and initiatives as outlined by the Head of School.
Oversees development and maintenance of the chart of accounts, establishment of accounting policies, and ensures internal financial control and financial regulatory compliance.
Assumes administrative responsibility for the school’s endowment and investments and provides appropriate information on invested funds. Implements decisions of the Board’s Investment Committee; coordinates with the investment manager and other custodians of the school’s funds to implement effective endowment allocation, performance, and reporting.
Directs all fiscal activities including all general ledger activities, accounts payable, accounts receivable, payroll, bank deposits, account reconciliations, and financial reports.
Oversees the business office role in the preparation and distribution of enrollment contracts.
Works with the Head of School and Human Resources to prepare and budget for employment contracts and benefit programs.
Assists in maintaining congruency between the school’s Board-approved Mission Statement, the Long Range and Strategic Financial Plan and all activities of the business department.
Supports and adheres to school policiesin all areas of the school’s operation.
Supports the Employee and School Handbooks and assists with revisions and updates, when necessary, of the school’s business office policies and procedures.
Exhibits the behaviors described in the Faculty and Staff: Basic Expectations, Characteristics of Professional Excellence and complies with Physical Requirements and Work Environment.
Is assessed through the Professional Growth and Evaluation Program.
Works as part of the Executive Leadership Team focusing on strategy, vision, and leadership for all aspects of the mission, vision, and ethos of the school.
Establishes and maintains relationships with banks, auditors, school attorneys, other financial institutions, and insurance brokers.
Takes responsibility for the details of cash control and management and reports fraud.
Signs contracts and checks on behalf of the school.
Serves as the primary contact with the dining program vendors for both campuses. Coordinates with vendors, Head of School, and division leadership on dining program matters.
Participates in the financial assistance awarding process and the resulting preparation and distribution of financial assistance enrollment contract addenda.
Oversees purchasing, inventory control, auxiliary services, and regulatory compliance according to established laws, policies, rules, and regulations and establishes internal controls and procedures.
Supports committees of the Board of Trustees as directed by the Head of School. Serves as the primary staff member for the Finance and Investment Committees and prepares reports and models as needed.
Attends Executive Leadership Team meetings and Board meetings as required.
Maintains a strategic financial plan and overall financial model that will demonstrate the trends and requirements of the school’s development plan and will forecast future year’s cash budgets and positions.
Proactively works with staff and the Head of School on alternative revenue streams and various financial models to ensure the long-term financial health for the school.
Coordinates with the Parish Business Manager as necessary for the effective and efficient operation of the community.
Keeps the Head of School informed of all the school's financial affairs and condition.
Develops, researches, and attends professional development offerings.
Knowledgeable about Senior Systems and Veracross software; uses both financial and enrollment management modules and/or other school management software programs.
Completes various tasksrelated to the employee’s yearly goalsand the school’s long range and strategic financial plan.
Evaluates the Business Office’s strengths and weaknesses and develops goals/plans and systems that will improve department performance and customer service in accordance with the school’s strategic plan.
Coordinates all aspects of the school’s risk management.
Supports all budget managers and provides training as needed.
Other duties and responsibilities as assigned by the Head of School.
Employee may be required to work remotely or engage in telework activity as determined in the employer’s sole discretion.
Desired Qualities and Qualifications
Certified Public Accountant with a bachelors’ degree in business or public administration, master's degree preferred; minimum of 10 years’ experience in the areas of financial and business administration as described in job description.
Experience in an independent school preferred though individuals with strong financial and leadership skills with other non-profits are welcome.
Ability to communicate effectively, through writing and speaking, with school representatives, parents, students, and representatives from the business community.
Knowledge of business and not-for-profit accounting policies, procedures, practices, and software programs.
Ability to think and plan strategically and creatively.
Ability to supervise and manage multiple functions and activities.
Ability to remain calm, flexible, and work effectively under pressure.
Skilled at negotiating and initiating contracts with external vendors.
Customer service oriented.
Ability to work effectively as a team member and as an executive level administrator.