The Director of Finance and Administration is an integral part of the senior leadership team and is responsible for ensuring the fiscal and operational effectiveness of Bancroft School to support and enhance the educational mission of the School. The Director of Finance and Administration works with the Head of School and Board of Trustees to develop innovative solutions to challenges in the areas of financial strategies, financial analysis, reporting and information dissemination to management, use of appropriate systems and technology, and cost-effective use of resources.
A critical objective is to build a strong partnership with the Head of School and Board of Trustees to ensure that the educational goals of the School and the business/fiscal status of the School are aligned. The Director of Finance and Administration is responsible for the planning, control, accounting and reporting of income, expense, contributed and invested funds of the school. The School’s articles of incorporation provide signatory powers to the Director of Finance and Administration and require compliance with bylaws specifying fiscal management and reporting procedures.
The Director of Finance and Administration manages designated activities including physical plant and grounds, food service, risk management and insurance, transportation, employee compensation and personnel policies, auxiliary programs, facilities leasing, and city, state and federal government compliance. In addition to an office staff of three that includes a staff accountant, human resource manager, and junior accountant, there are six departments who report directly to this leader. Those departments are, operations, bookstore, technology, after care program, summer program, and dining hall.
The Director of Finance and Administration generally attends all regular business meetings of the Board of Trustees, providing full, accurate, and complete management and financial information to assist the Board in meeting its fiduciary responsibilities. S/he also attends all finance, campus development, and audit committee meetings and any ad hoc committees concerning finance, physical plant, or compensation. S/he maintains professional relationships with the School’s banks, lawyers, auditors, investment managers, insurance carriers, architects, contractors, vendors, and government regulators.
Qualification Requirements: To perform the job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education, Training, and Experience: Four-year degree in business from an accredited college or university is required. Master’s Degree in Business Management or related field strongly preferred. At least five years’ experience in accounting, financial analysis, and budget formulation.
Language Skills: Requires superior oral and written communications skills. Ability to communicate effectively and interact with all personality types and levels of management.
Mathematical Skills: Ability to analyze and organize financial data. Ability to make accurate computations.
Reasoning Ability: Ability to solve a wide range of problems. Knowledge of financial/business analysis techniques. Skill in budget preparation and fiscal management. Ability to use independent judgment and to manage and impart information to a range of clientele. Ability to develop and deliver presentations. Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community. Ability to identify and secure alternative funding/revenue sources.
Other Skills and Abilities: Must be computer literate with ability to quickly adapt to new computer software packages. Proficient in Microsoft products such as Word, Excel, Power Point, and Access. Experience working with financial and capital asset software programs. Requires ability to analyze information to arrive at an appropriate solution. Capacity to work effectively as part of an institutional leadership and management team. Must be able to maintain strict confidentiality.
Interested candidates should email a cover letter, resume, and three current references to Nichole Aubin, Executive Assistant to the Head of School.
Families throughout Central Massachusetts and MetroWest choose Bancroft School for its robust college-preparatory academics and supportive community. The Bancroft experience fosters good people who emerge as leaders, humanitarians, and globally engaged citizens. Bancroft students develop deep connections in the community, and form lasting relationships with faculty, coaches, and peers. Each child’...s individual learning style and interests guide their explorations into core academics, arts, sports, and co-curriculars. Founded in 1900, Bancroft is Greater Worcester’s leading independent PreK–12 day school.