Details

Posted: 08-Jan-25

Location: Front Royal, Virginia

Type: Full Time

Categories

Accounting

Business Management

Salary Details

2 bedroom townhouse available at below market rent

Preferred Education

Masters

Randolph-Macon Academy is hiring for a Director of Finance with a start date of approximately April - July 2025 timeframe.

The Director of Finance manages the Academy’s financial and business operations. The Director of Finance leads the daily operations of the Academy’s Business Office and assists the Chief Operating Officer in overseeing the Academy’s operating budget. The Director of Finance’s primary duties include supervising and providing guidance to the Business Office staff, assisting the Chief Operating Officer by preparing and maintaining the Academy’s annual operating budget, supporting the Academy’s annual close and audit preparation processes, assisting the Chief Operating Officer with managing the Academy’s cashflow, and various ad-hoc projects as assigned by the Chief Operating Officer.

The Director of Finance assists the Chief Operating Officer with overseeing the Academy’s relationship with its banker, food service vendor, insurance provider, legal counsel, and audit and tax advisory firm; operating the Academy student store; managing the financial aspects of summer camps, other special program offerings, and campus and off-campus housing. The Director of Finance also works closely with the Advancement and Enrollment Management Departments.

This position reports to the Chief Operating Officer. This position is year-round and exempt and is eligible for benefits.

Job Duties And Responsibilities

Assists the Chief Operating Officer in building and managing the operating and capital budgets
Prepares, analyzes and interprets financial results for use by the Chief Operating Officer for use in the decision-making process and financial tracking processes.
Provides guidance and assistance to other members of the senior staff in the management of their areas of operation; provides monthly budget status reports
Maintains and oversees the financial accounting system and personnel to ensure the proper recording of all financial transactions in accordance with sound accounting principles
Monitors and assists the Chief Operating Officer in managing short-and long-term investments consistent with the Trustee Investment Committee and Academy President guidance
Supervises Business Office staff members and supports them in the performance of their duties
Reconciles the G/L accounts
Manages the annual audits
Provides accounting and financial services to parents, students and other customers and stakeholders
Ensures the positive financial reputation of the Academy with vendors, suppliers, and other business associates
Advises and informs the Chief Operating Officer on all financial matters relating to the Academy
Assists the Chief Operating Officer in managing and overseeing the Academy’s insurance and student financial aid programs
Assists the Chief Operating Officer in providing financial oversight of all external contracts
Assists the Chief Operating Officer in fulfilling his role as the risk management officer for the Academy
Assists the Chief Operating Officer in his role as primary liaison to the Academy’s Finance and Audit and Investment committees of the Board of Trustees
Assists the Chief Operating Officer by preparing 5-year financial plans consistent with the current strategic plan
Assists the Chief Operating Officer with overseeing the Academy store
Collaborates and coordinates with the Advancement Office to ensure proper recording of gifts and pledges
Assists Enrollment Management Office with enrollment contract process
Manages delinquent accounts with discretion and care in accordance with school policy and Chief Operating Officer guidance
Performs various ad-hoc strategic projects as assigned by the Chief Operating Officer

Experience/Education Requirements

Bachelor’s in accounting, finance, business administration, or related field required; CPA or MBA highly desired
6 to 8 years of related experience in financial management, budget preparation, and investment management preferred, including 3-4 years of leadership and supervisory experience
Private independent prep school experience highly desired
Familiarity with generally accepted accounting principles, especially those that focus on non-profit organizations
Strong background in Microsoft products, including Excel, and Blackbaud

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About Randolph-Macon Academy

Founded in 1892, Randolph-Macon Academy is a co-ed private school for grades 6-12. We offer a superior university-preparatory curriculum with military values, preparing graduates to pursue lives of meaning and success. Every year, 100% of our graduates are accepted to the best universities around the world with the Class of 2024 graduating 65 students who earned over $16 million in scholarships.

Connections working at Randolph-Macon Academy

https://careers.nais.org/jobs/20958615/director-of-finance

Randolph-Macon Academy

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