What are the responsibilities and job description for the Business Manager position at Alma del Mar Charter School?
About Alma
Alma del Mar is a K-8 charter school whose mission is to put every one of our scholars on the path to college and to challenge them to be service-minded leaders. We do this by immersing our scholars in a highly demanding, highly supportive environment where they receive a content–rich education. As an Expeditionary Learning school, Alma brings to life a three dimensional vision of student achievement that includes mastery of knowledge and skills, character, and high-quality student work.
We’re located in New Bedford, Massachusetts, a beautiful coastal city known for its history as the heart of the whaling industry and as a central hub of the abolitionist movement.
Alma gets results for kids. Alma scholars not only outperform their district peers on MCAS, they often outperform their peers in the surrounding suburbs. In some areas, our scholar achievement now matches some of the highest performing schools in the Commonwealth. We have been nationally recognized for our work with English Language Learners.
The Business Manager Role
The Business Manager serves as a financial partner to organizational leadership and ensures strong financial management at Alma in service of its mission. The Business Manager is a key member of the Network Operations team, reporting directly to the Director of Network Operations and working closely with the Bookkeeper, Director of Human Resources, and the Director of Finance (contractor).
Primary Responsibilities
Financial Management & Accounting
- Oversee day-to-day accounting operations, including general ledger, accounts payable, accounts receivable, payroll coordination, and cash management
- Ensure timely and accurate month-end and year-end close processes, reconciliations, and supporting documentation
- Prepare and review financial statements in accordance with GAAP and nonprofit accounting standards
- Maintain and continuously improve financial policies, procedures, and internal controls to safeguard organizational assets
- Manage banking relationships and monitor cash flow to ensure operational stability
- Collaborate with Talent/HR leadership to support payroll processing, benefits-related financial reporting, and compensation decisions as needed
Budgeting, Forecasting & Financial Analysis
- Oversee business operations to ensure compliance with internal controls and federal grant requirements
- Lead region-wide strategy and planning associated with capital purchasing
- Serve on board finance committee and collaborate with Director of Finance contractor and Executive Director to prepare board materials
- Collaborate with operations team on compliance and reporting requirements
- Serve as the regional team budget manager, monitoring monthly budget reports to hit annual targets
- Participate in monthly budget meetings with school teams to advise, support annual planning, and provide feedback on day-to-day financial operations
- Lead the annual operating and capital budget process in partnership with executive leadership
- Monitor budget-to-actual performance and provide variance analysis with clear recommendations for action
- Develop cash flow forecasts and multi-year financial projections aligned to enrollment, staffing, grants, and strategic initiatives
- Support preparation of financial reports for executive leadership and the Board Finance Committee in collaboration with senior leadership
- Serve as a financial thought partner to executive leadership on staffing models, enrollment planning, compensation structures, and long-term sustainability
Grants, Funding & Compliance
- Oversee financial management of federal, state, and philanthropic grants, ensuring compliance with funding requirements and reporting obligations
- Monitor restricted funds to ensure expenditures align with donor and grantor intent
- Coordinate and support the annual external audit process, including preparation of documentation and auditor communication
- Prepare Form 990 and other required regulatory filings
- Ensure compliance with applicable federal, state, and local nonprofit and charter school regulations
- Ensure compliance with federal, state, and authorizer financial reporting requirements, maintaining documentation and controls to support audits and monitoring visits
- Oversee financial tracking and reporting of federal and state grants to ensure alignment with approved budgets and regulatory requirements
Who We’re Looking For
We seek outstanding staff with the following qualifications:
- Bachelor’s Degree in accounting, finance, or related field required; Master’s in business, finance, accounting or public administration and/or CPA is a plus
- 3 years of professional experience, including experience in charter schools, public education finance, or nonprofit K–12 organizations
- Strong knowledge of nonprofit accounting, GAAP, and fund accounting
- Demonstrated experience with budgeting, forecasting, and financial analysis and in leading or supporting annual audits
- Proficiency in accounting systems (Quickbooks, bill.com) and Excel
- Authorization to work in the United States is required
- English proficiency is required
In addition, the ideal candidate has the following competencies:
- Show me the Outcomes: Filters every decision through the lens of potential impact on the organization, our schools, and our scholars
- High Demand, High Support: Sets a high bar for self, colleagues, and the people we serve
- Crew: Believes that working with a diverse crew - with a range of perspectives, backgrounds, and communication styles, across schools, leadership teams, and external stakeholders – makes us stronger and seeks to uncover and address personal biases and structural inequities
- It's Your Ship: Takes collective responsibility for the success of the organization
- Challenge, Challenge: Sees difficult problems as opportunities to increase capacity and grow skills and seeks out, and improves through, feedback
- “Front-of-the-room” Leadership: Communicates clearly and strategically, both verbally and in written form, and is able to lead effectively with campus and network leaders and the board
- Proactive Systems Thinking: Anticipates a need and builds a system that addresses it
- Detail Orientation & Accuracy: Maintains high standards of precision and reliability
- Constructive Collaboration: Develops trust-based partnerships and collaborates effectively across schools, leadership teams, and external stakeholders
- Financial Judgment & Sound Decision-Making: Uses data, experience, and professional standards to make thoughtful financial recommendations
- Accountability & Professional Integrity: Operates with transparency, discretion, and strong ethical standards
- Flexibility & Boundary-holding: Balances setting guardrails for financial sustainability for the organization with adaptability and creative problem-solving
What You Can Expect
- A comprehensive benefits package including:
- Paid sick, personal, and vacation days, as well as paid holidays and school winter break
- Medical, dental, and vision insurance with PPO and HMO options
- Paid parental leave and short term disability available
- Multiple retirement options, including a 403(b) with matching
- A salary based on years of experience in a comparable position, starting in the range of $80,000 to $90,000
- This is an on-site position, candidates should be available to commute to New Bedford, MA daily with the possibility of hybrid work in the future.
- This position reports to the Director of Network Operations
Compensation: Salary will be competitive and commensurate with experience. We offer a comprehensive benefits package.
Alma del Mar is an equal opportunity employer and an organization that values diversity. People from all diverse backgrounds and identities are strongly encouraged to apply. Spanish language proficiency is a plus.
Salary : $80,000 - $90,000