Chief Financial Officer

Chief Financial Officer

The Chief Financial Officer (CFO) will play a pivotal role in financial management, planning, and oversight for both the nonprofit organization and our charter schools. This position offers a unique opportunity to lead financial operations in a dynamic educational environment.

Essential Job Functions:

• Develop comprehensive financial strategies and plans to support the mission and objectives of the nonprofit organization and charter schools.
• Lead the annual budgeting process, working closely with school leaders and department heads to align financial resources with strategic priorities.
• Conduct financial analysis, forecasting, and modeling to inform decision-making and resource allocation.

• Ensure compliance with all financial regulations, accounting standards, and grant requirements.
• Oversee the preparation of timely and accurate financial statements, including monthly, quarterly, and annual reports.
• Coordinate audits and financial reviews, liaising with external auditors and regulatory agencies as needed.

• Manage cash flow and liquidity for both the nonprofit organization and charter schools, optimizing resources to support operations and growth.
• Monitor banking activities, investment portfolios, and debt obligations to maintain financial stability and minimize risk.
• Develop and implement effective cash management strategies to meet short-term and long-term financial needs.
• Manage and oversee grants received from Federal and State entities, as well as partner with the Development department to ensure donor funds are managed and distributed accurately and effectively.

• Identify and assess financial risks, implementing appropriate controls and mitigation strategies.
• Establish and maintain strong internal controls to safeguard assets and ensure compliance with policies and procedures.
• Monitor and evaluate financial processes, recommending improvements to enhance efficiency, effectiveness, and transparency.

• Serve as a strategic advisor to the CEO, Board of Directors, and school leadership teams on financial matters.
• Collaborate with key stakeholders to develop and implement strategic initiatives that advance the mission and sustainability of the organization and charter schools.
• Provide leadership and mentorship to the finance team, fostering a culture of excellence, collaboration, and continuous improvement.
• Provide high-quality stewardship of all constituents and organization's resources
• Oversee and administer business activities including:
• Bank and investments transactions and reconciliations
• Accounts Receivables
• Supervision of Accounts Payables Clerk
• Payroll
• PEIMS Financial Reporting

Essential Job Requirements:

• Bachelor's degree and 5+ years combined accounting and financial reporting experience; Certified Public Account License (CPA) preferred
• Deep understanding of nonprofit accounting principles, charter school finance, and grant management required
• Accrual accounting and financial reporting; A/P and A/R; payroll
• Excellent leadership, communication, and interpersonal skills, with the ability to build relationships and influence stakeholders at all levels
• Strong financial acumen with a solid understanding of accounting principles and practices, while effectively managing a small, but active business office; TxEIS; TRS; budget planning/management; accounting software; MS Office

Physical Requirements ability to carry 25-50 lbs.; valid driver license