Chief Financial Officer
About Tilton School: Founded in 1845, Tilton School is a leader among independent secondary schools and is known for creating an environment where our students reach their potential in real and lasting ways. A Tilton School education provides a powerful sense of purpose that ensures our graduates will have the essential skills and motivations to meet the challenges and opportunities of a changing world. As lifelong learners, Tilton alumni go on to experience fulfilling lives by contributing significantly to the world at large. The school’s beautiful, rural campus, located in the heart of the Lakes Region of New Hampshire, encompasses over 140 acres and 38 building structures. Tilton School’s operating budget is $12.5 million with an $885,000 Annual Fund. Our Endowment is currently valued at $17 million.
Position Opening: Tilton School is seeking an experienced and innovative financial leader of outstanding character for our next Chief Financial Officer (CFO) via a national search. The CFO is a key administrator reporting directly to the Head of School and serves on the Leadership Team in a collaborative environment. The CFO provides strategic direction to help ensure appropriate and maximum use of financial resources for success in the school’s future aligned to our strategic vision outlined in our Tilton Tomorrow Campaign. The position opens in June 2020 but the School would entertain any earlier inception date after March 31, 2020 to assist with a smooth transition of leadership.
Job Description Summary: The Chief Financial Officer (CFO) is responsible for the overall financial and operational needs of the school. The CFO oversees the long-term financial health of the school, implementing short and long-term goals in support of the school’s mission and vision. As a key member of the Leadership Team, the CFO serves as a strategic partner and key advisor to the Head of School, the Board of Trustees, and the Leadership Team. The CFO is the lead liaison for the Finance, Audit, Investment and Physical Plant Committees and is an effective communicator to the full Board of Trustees on all financial matters.
The CFO oversees all required financial reporting, internal controls, cash, investment and asset management in a compliant manner, maintaining accurate and timely continuous records on the financial position of the school so that the institution remains financially stable. The CFO is instrumental in affirming compliance in all financial reporting requirements both internally and externally. With the Audit Committee, the CFO hires and manages the external audit firm to conduct the annual audit of the school’s financial records and financial position.
The CFO builds the multi-year operational budget models and capital budgets using the school’s resources in the most efficient manner, realigning existing resources when necessary to adapt to the changing landscape of the independent school world.
The CFO directs the Human Resource function of the school, assisting the Head of School with salary and benefits for new and existing employees, negotiating benefit programs with appropriate vendors, administering benefits to employees, overseeing the bi-weekly payroll process, and managing talent development and performance.
Besides oversight of the Finance Office, the CFO also administers other non-academic service centers of the school: Facilities and Construction Projects; Safety and Security; Risk Management inclusive of the school’s insurance program; Health Center; Food Services and Auxiliary operations.
Skills and Personal Characteristics:
- Leads through example and inspires others to lead as well
- Is mission driven with a deep interest in education, fully understands the importance of perpetuity
- Possesses a high level of integrity in all matters
- Exhibits excellent strategic, creative and analytical skills to assist school with predictable, data-driven models
- Communicates effectively with all constituent groups, both written and oral, with ability to negotiate and influence others and articulate the school’s needs
- Establishes credible and long-lasting relationships necessary to represent the school in our external outreach efforts, especially with banks, financial advisors, vendors, town officials, etc.
- Strives for excellence, sees what needs to be done and assists whenever/wherever needed in a “roll-up your sleeves” fashion
- Manages competing demands, especially during peak work load periods, and changes direction quickly to respond to market demands
- Prepares detail-oriented budgets reflecting long-term strategic goals and shortterm operating goals and examines the nuances in purchasing, contracts and debt obligations
- Connects with people through empathy and interpersonal skills and works well with faculty and staff at all levels within the school
- Understands technology needed to operate successfully and embraces technological change to achieve efficiencies and cost effective results across the organization
- Works enthusiastically and joyfully with a positive attitude and a good sense of humor
Education and/or Experience:
- Minimum of bachelor’s degree in Business Administration or related field
- CPA or MBA preferred
- Demonstrated financial and operational acumen through work history in a complex working environment with progressive management expertise throughout career
- Familiarity with tax- exempt bond financing and compliance that is required
- Experience in reallocating limited resources in order to develop and implement new programs
- Proven knowledge of employee benefit plan administration, capital budgeting and facilities management
- Work experience in a non-profit setting is preferred but individuals with the skills necessary to succeed from other backgrounds are encouraged to apply.
To apply: Interested applicants should send a letter of interest, resume, references (3) and contact information to email@example.com by January 20, 2020.
Tilton School offers a robust, supportive work environment with a competitive salary and benefits package consisting of health, dental, pension, etc. along with generous vacation and holiday schedules. For more information about Tilton School, please visit our website at www.tiltonschool.org
Tilton School is an equal opportunity employer. At Tilton School, all persons shall have the opportunity to be considered for employment without regard for race, religion, natural origin or ancestry, citizenship, age, disability, marital status, sex, sexual orientation, or any other category protected by state or federal law. The School does not discriminate on the basis of race, religion, national or ethnic origin, citizenship, age, disability, marital status, sex, sexual orientation, or any other category protected by state or federal law in the administration of employment practices or procedures, promotion, or application of employee policies and benefits.