YOUR MISSION
The Chief Financial Officer (CFO) plays a critical leadership role within the network to achieve financial sustainability by maximizing the use of available funds, assessing financial risk and opportunities, and creating cost efficiencies. The CFO will play a lead role in the sustainability of the schools while managing finance, risk management, and payroll. The CFO reports directly to the Chief Executive Officer.
YOUR RESPONSIBILITIES Strategy + Leadership
- Set financial strategic direction & drive toward organizational priorities across the network
- Set the vision, strategy, and metrics for the fiscal, budgeting, reporting, and auditing work
- Ensure financial strategies are integrated and aligned across functions that are specific and time-bound
- Communicate financial vision, strategy, priorities, and data to stakeholders
- Build, manage, coach, and professionally develop financial staff members
- Set clear short-term and long-term priorities that are data-driven
- Streamline effective systems and facilitate collaboration amongst school leaders
- Provide financial coaching and support for schools across the network
Finance & Business
- Annual planning and budgeting process for the network
- Data-driven financial reporting, operations, and accounting inclusive of updated budget and forecasting
- Annual auditing process
- Maintain compliance with financial documentation and regulatory reporting, including tax and TEA reporting as necessary
- Oversee bookkeeping processes, payroll, A/P, A/R, reconciliations, and monthly closing, payment collection, and recordkeeping
- Cross-collaboration with network senior leaders, HR/talent, fundraising efforts
Facilities and Real Estate Management
- Oversee the financial aspects of facilities management
- Develop and monitor costs associated with long-term facility planning
- Support district growth and development needs with infrastructure, facility needs, and real estate
- Ensure all compliance with state and local regulations
Procurement
- Evaluate capital purchasing needs with CEO
- Evaluate contracts/pricing for ongoing services and regularly-purchased products
- Maintain vendor relationships
- Ensure compliance
Risk Management and Controls
- Provide risk management analyses
- Maintain sound fiscal policies and continuously improve financial operations
- Establish and maintain robust internal controls
- Oversee and maintain appropriate insurance policies
- Manage annual insurance audit processes
Compliance
- Ensure compliance systems, staffing, and tools in place for annual and charter cycles
- Oversee staff managing federal and state grants
- Ensure compliance with applicable laws, regulations, and district policies
Collaboration and Stakeholder Engagement
- Work collaboratively with leadership, department heads, and school principals
- Serve as a key liaison to external stakeholders
- Engage with the community, parents, and other stakeholders to build trust and transparency
Partner School Financial Services
- Develop, maintain, and renew partner school contracts
- Perform or oversee services provided to partner schools
Finance/Business Team Talent Management
- Develop and execute differentiated professional development
- Manage and coach finance/business managers
- Collaborate with the talent team
- Coach and develop teams on core competencies
YOU HAVE
- A Master's degree; preferably an MBA or master's in accounting, finance, or a related field
- 10 years of professional experience with at least 5 years in a finance-related position
- Deep understanding of basic accounting principles with knowledge of nonprofit accounting
- Knowledge of and experience preparing, overseeing, and administering large budgets
- Experience working in partnership with lenders, funders, and consultants
- Knowledge of the legal and ethical guidelines and obligations applicable to the position
COMPENSATION
- Competitive salary based upon credentials and experience ranging from $134,000 to $194,000
- The CFO can be based in either Austin, TX, or San Antonio, TX