What are the responsibilities and job description for the Director of Finance And Accounting position at Oak Grove Lutheran School?
Role Overview
The Director of Finance and Accounting will oversee the day-to-day financial operations of the school while helping leadership maintain a clear view of the organization’s financial health.
This role sits at the center of several key operational areas including:
- Financial reporting and accounting operations
- Budget development and long-range financial planning
- Tuition and enrollment finance administration
- Internal controls and audit coordination
- Operational finance and purchasing processes
The Director of Finance and Accounting works closely with the Head of School, Board of Regents and leadership team, playing a central role in ensuring financial clarity across the organization.
Key Responsibilities
Financial Reporting & Accounting
- Own the integrity of the school’s financial reporting, including preparation of monthly, quarterly, and annual financial statements.
- Maintain the general ledger, reconciliations, and accounting documentation to ensure accurate and compliant financial records.
- Provide financial analysis that helps leadership clearly understand performance, trends, and key financial drivers.
- Coordinate external audits and ensure adherence to current accounting standards.
Budgeting & Financial Planning
- Lead the development and presentation of the school’s annual operating budget.
- Monitor financial performance against budget and provide leadership with clear insights on trends and variances.
- Partner with school leadership on long-range financial planning to support sustainable growth and responsible financial stewardship.
Tuition & Enrollment Finance Operations
- Maintain student financial accounts within Blackbaud Enrollment Management and Blackbaud Financial Aid.
- Administer tuition aid programs and determine financial assistance awards for eligible students.
- Collaborate closely with the admissions team to ensure student records and enrollment data remain accurate year-round and during spring re-enrollment.
- Monitor tuition payment activity and communicate with families regarding overdue balances.
Internal Controls & Compliance
- Establish and maintain strong internal controls that safeguard the school’s financial assets.
- Oversee financial operations including the collection, safeguarding, and disbursement of funds.
- Manage insurance coverage, claims, and financial risk mitigation.
- Ensure purchasing and bidding procedures comply with school policies and applicable regulations.
Operational Leadership
- Oversee payroll processes to ensure accuracy, compliance, and operational efficiency.
- Manage purchasing procedures and ensure financial discipline in procurement activities.
- Support financial aspects of insurance, contracts, and major vendor agreements.
- Maintain accurate financial records related to school assets.
- Supervise and develop accounting clerk to ensure efficient and accurate financial operations.
What Success Looks Like in the First 12 Months
A successful Director of Finance and Accounting will quickly establish themselves as a trusted financial leader by:
- Strengthening the clarity and consistency of financial reporting.
- Improving visibility into tuition revenue and financial aid processes.
- Enhancing budgeting and financial planning processes.
- Ensuring strong internal controls and audit readiness.
- Building strong partnerships with admissions, board of regents, leadership, direct reports and administrative teams.
- Creating efficient systems that support the school’s long-term financial sustainability.
Qualifications
Required
- Bachelor’s degree in Accounting or related field.
- Relevant accounting or financial management experience
- Strong financial analysis and spreadsheet capabilities
- Excellent written and verbal communication skills
- Certified Public Accountant (CPA)
Preferred
· non-profit and/or educational based experience preferred
Compensation & Benefits
Competitive salary and benefits package commensurate with experience.