Golden Valley, MN
FLSA Status: Exempt
Reports to: Head of School
Effective Date: January 10, 2017
Position Starts: July 1, 2017
Application Deadline: February 1, 2017
Breck School is an Episcopal, coeducational, college-preparatory day school enrolling 1,160 students of diverse backgrounds in grades preschool through twelve. All grades are located on one exceptionally impressive campus less than ten miles west of Minneapolis.
Founded in 1886, Breck was named for a pioneer missionary, the Reverend James Lloyd Breck. In its earliest years, Breck attracted students from a wide range of backgrounds, particularly children of local immigrant farmers. Over the course of the next 80 years, the school moved several times, briefly experimented with an all-boys, military focus, and in 1981 moved to its current location in Golden Valley.
Today, Breck is regarded as one of the finest coeducational day schools in the country. Guided by a dedication to service, a commitment to character education, and a desire to foster responsible stewards of the community and the environment, Breck’s Mission is to:
- Prepare each student for a college whose culture is compatible with the individual’s needs, interests, and abilities.
- Help develop each student’s unique talents and potential to excel by nurturing independence and self-worth.
- Instill in each student a deep sense of social responsibility.
The strength and health of the school are apparent in virtually every aspect of its operation. With an operating budget of slightly more than $36 million and an endowment of $47.9 million, the school is deeply committed to inclusion and diversity, allocating more than $6 million annually to financial aid, which supports approximately 25% of the student body. Students come to Breck from more the 65 surrounding communities and represent a broad diversity of backgrounds, ethnicities, and religions.
The leadership at Breck has thought carefully and deeply about the future, and the school is well positioned for the next chapter in its history, having recently completed the construction of a new, state-of-the-art Upper School, a successful capital campaign, reaccreditation through the Independent Schools Association of the Central States, and a comprehensive strategic plan that emphasizes the following Breck “truths:”
- We are a community of lifelong learners and teachers, innovators and scholars, artists and athletes, servant leaders and independent thinkers boldly engaged in transforming lives and the world beyond our doors.
- We know that learning is not a spectator sport.
- We know that strong leaders serve the common good.
- We know that self-reflection sets the stage for action.
- We know that diversity and multiple perspectives enrich us all.
- We know that success happens when we have a safe place to fail.
- We know that thoughtful questions lead to deeper understanding.
Breck seeks an individual of outstanding character whose personal and professional skills match the school’s culture and who will inspire and enable Breck School to achieve its vision for the future via leadership within the Business Office and beyond.
The CFO reports directly to the Head of School and is responsible for all aspects of the financial and non-academic operations at the school. This includes direct supervision of the Controller, Technology Director, Building and Grounds Superintendent, Transportation Director, Ice Arena Manager, Bookstore Manager, Gymstore Manager, Receptionist and the outsourced food service provider.
The CFO frequently attends board of trustee meetings in order to provide full, accurate and complete management and financial information to assist the board in meeting its fiduciary responsibilities. The CFO participates in meetings of subcommittees of the board of trustees including finance, investment, building and grounds and audit and risk committees. S/he is a member of the senior leadership team, the safety committee and the retirement and benefit committee and maintains professional relationships with the school’s banks, lawyers, auditors, investment managers, rating agency, insurance brokers, insurance carriers, architects, contractors, vendors and various government agencies.
Essential Duties and Responsibilities:
The CFO is responsible for all financial activities including, but not limited to, financial reporting and analysis, budgeting, strategic planning, long range forecasts, salary administration, union negotiations, employee benefit administration and property, casualty and liability insurance negotiations. The CFO is responsible for maintaining accurate financial records that serve as the basis for the annual financial and retirement plan audits and the preparation of the IRS Form 990, Form 990-T as well as ensuring compliance with all state, federal and local tax filings – including approximately 35 state income tax returns. The CFO works closely with the advancement office to ensure the proper accounting of gifts and pledges and will be expected to be a key team member for all future construction projects.
The CFO leads a team of directors and managers who support many of the non-academic operations of the school. Responsibilities include budget management, ensuring effective and efficient operations, employee management and performance evaluation.
The CFO must be able to consistently deal with a wide variety of issues, situations, people and problems. The quantity of work is significant. This person must be detail oriented, attentive to internal and external deadlines and manage his/her time well. A high degree of professionalism, integrity and confidentiality is essential. The CFO must represent the school in a positive manner at all times. Versatility and flexibility is key to success in this role.
The CFO must be able to provide effective, appropriate, and timely communication. Due to the wide variety of personal contact required in this position, the ability to interact requires strong language and writing skills, maturity, discretion and sound judgment.
Education, Experience and Skills:
- Bachelor’s degree in accounting, finance or business administration required
- Minimum 7 years of experience that includes experience at the senior level of an organization required
- Minimum 3 years of supervisory experience required
- CPA certificate or advanced degree such as an MBA preferred
- Experience in nonprofit accounting, endowments and fund accounting preferred
- Strong team leadership skills including evidence of solid cross departmental collaborations
- Strong analytical skills
- Excellent written and verbal communication skills
To apply: submit letter of interest, resume and two letters of reference to Breck School, 123 Ottawa Ave N. Minneapolis, MN 55422, Attn Human Resources. May also submit to firstname.lastname@example.org