What are the responsibilities and job description for the Director of Finance position at Mercy High School?
POSITION SUMMARY
The Finance Director provides strategic financial leadership to ensure long-term credibility, accountability, and operational efficiency of Mercy High School. This role oversees all financial and business operations of the school, supports informed decision-making, and ensures compliance with best practices in non-profit financial management. The Finance Director serves as the school’s cash manager and investment officer.
ESSENTIAL FUNCTIONS
Mission & Leadership
- Upholds and promotes the mission, vision, and values of Mercy High School.
- Serves as a key advisor to the President, Finance Committee, and Board of Trustees on allfinancial matters.
- Provides timely and accurate financial reporting, analysis, insight, and recommendations tosupport strategic decision-making and long-range planning.
Financial Management & Budgeting
- Leads and coordinates the annual budgeting process, works collaboratively across all school departments under the direction of the President.
- Oversees the school’s fiscal accounting system in accordance with accepted non-profit andgovernmental accounting standards.
- Maintains robust budget controls to ensure alignment with approved budgets and organizationalpriorities.
- Manages daily cash flow and invests available funds in accordance with school investment
policies. Ensures adequate internal controls and safeguards to protect school assets.
Reporting & Compliance
- Prepares and distributes timely and accurate monthly financial statements—including Profit & Loss, Balance Sheet, and Cash Flow—along with variance analysis for the Finance Committee and Board.
- Compiles, completes, and submits all required state and federal financial reports.
- Oversees financial transactions related to student activities, capital projects, grants, and endowment funds.
- Coordinates annual audit/review procedures and prepares comprehensive annual financial reports.
- Prepare and distribute timely and accurate reports as required by Mercy Education Systems of America (MESA).
- Works collaboratively with development staff to ensure timely and accurate reporting of grants and donations including restricted gifts.
Operations & Oversight
- Supervises billing, tuition collection, cash handling, and the safekeeping and distribution of all school funds.
- Ensures timely and accurate processing of payroll, employee benefits, and accounts payable.
- Serves as the primary liaison to banks, regulatory agencies, school employees, and families regarding financial matters.
- Manages all insurance programs including business, liability, and employee health insurance.
- Works with the President to coordinate Finance Committee meeting agendas and provides timely and accurate financial statements and budget variance analysis.
- Attends Board of Trustees meetings and provides reports as requested.
- Performs additional duties as assigned by the President.
MINIMUM QUALIFICATIONS
- Preferred - Certified Public Accountant (CPA) with at least five years of professional related experience.
- Strong background in non-profit accounting principles, financial reporting, and audit preparation.
- Proven leadership experience in budget development and financial oversight of multi-million-dollar annual budgets.
- Demonstrated ability to collaborate effectively with administrative leaders, staff, and externalpartners.
- Advanced skills in fiscal management, forecasting, and data analysis.
- Proficiency with Microsoft Office; experience with Blackbaud, QuickBooks, and FACTS is preferred.
- Ability to fulfill all essential functions of the position.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Flexible spending account
- Health insurance
- Life insurance
- Paid parental leave
- Paid time off
- Parental leave
- Professional development assistance
- Retirement plan
Work Location: In person