Hackley School, a K-12 co-educational single-campus, independent day and five-day boarding school in Tarrytown, NY seeks a Chief Financial Officer starting July 1, 2022.
The Chief Financial Officer (CFO) assumes responsibility for the management of the fiscal assets of the School, working closely with the Head of School and other Leadership Team members to strategically plan for the future resource needs of the school. The CFO is responsible for the overall operation of the Business Office, while also analyzing data and initiating and developing financial models to ensure the short and long term financial health of the school. This position plays a key role in supporting the Board of Trustees as the administrator assigned to the Audit and Finance Committees. The CFO is a member of the school’s Leadership Team and Operations Group.
The CFO reports directly to the Head of School, while directly supervising all the functions in the Business Office, working with and through the Director of Business Operations and Human Resources.
Provide strategic guidance to the Head of School, Finance Committee, and Board of Trustees with regards to financial sustainability and financial strategies
Prepare the School's budget and financial model, reviewing, monitoring, and controlling the disbursement of funds as planned therein
Compile operating budget and capital expenditure requests from school departments
Seek new sources of revenue and obtain cost savings using effective competitive purchasing, control, and review
Serve as lead liaison to the Board’s Finance Committee and Audit Committee, executing instructions as related to risk management, investments, and financing and debt
Supervise the design, implementation, and maintenance of internal controls relevant to the preparation and fair presentation of financial statements and the detection and prevention of fraud
Oversee the annual financial audit and preparation of U.S. GAAP financial statements and tax returns for the School
Approve all agreements concerning financial obligations, such as contracts for products or services and other actions requiring a commitment of financial resources
Provide oversight and implementation of risk management strategies relating to the financial health of the School, including but not limited to accident prevention, fraud and cyber threats, contractual risk, internal fraud, and financial liquidity
Serve as liaison to insurance companies
Maintain relationships with financial institutions
Administer banking arrangements and other financial arrangements
Receive, have custody of, disburse monies and securities in conjunction with the Controller
Monitor all student accounts receivables, loans, and indebtedness
Insure that all parents are current prior to the start of school each year
Prepare and manage re-enrollment contract holds
Perform cash management duties including payroll and flex spending transfers, TIAA-CREF and HSA account electronic funds transfers
Supervise Business Office, ensuring compliance with all government regulatory requirements
Partner with the Advancement Office on financing strategy and managing the appropriate allocation and disbursement of donations to the School
Collaborate with Director of Operations and Campus Planning on the financial management of capital projects
Oversee the Business Office staff’s accurate and timely execution of all payroll and benefits related operations
Conduct the annual renewal process for medical, dental, vision insurance, long term disability, and life insurance to insure the best terms possible and to thoroughly communicate the benefits to employees
Analyze employee compensation by category and function within the school to ensure strategic institutional objectives are met
Review and maintains insurance (using outside sources as necessary) on the physical plant, liability issues, and all other insurance issues
Update insurance companies on matters that may impact coverage
Maintain awareness of possible legislative actions and other legal decisions that may affect the School
Monitor Hackley Parents Association finances, including review of budgets, disbursements, annual audit of bank account, and “upstreaming” of funds to School
Serve as Treasurer and member of Tappan Court Cooperative Board of Directors fulfilling sponsor officer position
Participate in strategic planning efforts as directed by the Head of School
Manage and lead other projects as assigned by the Head of School
MINIMUM QUALIFICATIONS AND EXPERIENCE:
Bachelor’s degree required, MBA preferred, CPA a plus
Ten years of progressive financial and accounting experience with increasing scope and responsibility, preferably in an educational or non-profit environment
Ten years of proven effective leadership and team development skills
Excellent communication, organizational, and independent problem-solving skills are required
Substantial experience with tax issues related to non-profit entities
Ability to develop and maintain a highly collaborative and supportive working relationship with the Head of School, Leadership Team, and the Board of Trustees
Demonstrated experience working effectively with multiple constituencies, such as faculty, administrators, parents, students, and volunteers
Strong record of cultural competence in leading, motivating, developing, and evaluating a large and diverse staff
Ability to manage multiple projects and priorities simultaneously and provide perspective on complex organizations
PERSONAL AND PROFESSIONAL QUALITIES:
Strong problem-solving and communication skills, with the ability to establish trust
Demonstrated leadership qualities
Ability to think ahead and plan over a one- to five-year span
An ability to devise, prioritize, execute, and achieve results in a complex institutional environment with multiple demands on time and attention
Superb oral, writing, and public relations skills
Strong technology and information infrastructure skills
Consistently exercises discretion and good judgment
A high level of integrity and ethical standards, a strong work ethic, and a predisposition to kindness
A commitment to treating all members of the community with respect and consideration, and an interest in working in a mission-driven educational environment
Collaborative, optimistic, patient, mature, and equipped with a sense of humor
Ability to adhere to the highest level of professionalism by demonstrating honesty, integrity, and maturity
The new CFO joins Hackley at an exciting moment, amidst the implementation of its ambitious and compelling strategic plan, Redefining Excellence: Learning Beyond Boundaries and early phases of a comprehensive campaign. Hackley’s strengths – a positive school culture, strong core values, talented and committed faculty and staff, and supportive parent and alumni communities – provide the foundation from which Redefining Excellence is being implemented. The CFO has an opportunity to partner with a variety of constituencies, while leading a talented and dedicated Business Office staff, to provide the short- and long term financial oversight and analysis that will help Hackley maintain its strong position and fully realize its ambitious goals.
Mission and Portrait of a Graduate
Hackley is a mission-driven institution that actively seeks to apply and measure itself against this standard:
Hackley challenges students to grow in character, scholarship, and accomplishment, to offer unreserved effort, and to learn from the varying perspectives and backgrounds in our community and the world.
In 2017-2018, the full K-12 faculty helped develop the Portrait of a Graduate to align with the mission and serve as an aspirational statement in the development of Redefining Excellence.
Established in 1899 as a college preparatory boarding school for boys with strong ties to the Unitarian Church, Hackley has grown and evolved throughout its history. The school’s founder and initial benefactor, Mrs. Frances Hackley, partnered with leading area Unitarians to provide a nonsectarian school that embodied and embraced intellectual questioning and inclusiveness. Students of all religions, economic backgrounds, and national origins were welcomed, fully espousing the school’s official motto and core value, United, We Help One Another. These roots and values are found in the Hackley of today, perhaps best embodied in another of the school’s core values, Enter Here to Be and Find a Friend, which is carved over a door on the Main Building.
Hackley’s three schools make up its total enrollment of approximately 840 students coming from over 100 different zip codes in the tri-state area, with 47% of students identifying as students of color. For the 2021-2022 academic year, 142 students received over $5.71 million in financial aid grants. The school’s operating budget is $47.4M for 2021-2022.
Hackley’s 285-acre campus unites the entire K-12 community on a single campus, providing numerous resources that are integral to supporting the school’s educational mission. Numerous capital projects have been completed over the last 20 years, including the Kathleen Allen Lower School, the Middle School and Science Building, the Sternberg Library, and the Johnson Center for Health and Wellness. Additionally, the community benefits from numerous outdoor spaces, including the Hackley Forest, which contains 6.5 miles of hiking and running trails, a field biology research area, a 1-acre deer exclusion zone, and a wetlands facility. Hackley is currently planning for the construction of the Center for the Creative Arts and Technology, with the goal of breaking ground in the next 12 months.
Hackley has evolved from a 7-day boarding program for boys to be a co-educational school with a 5-day boarding program in the Upper School. Along with their typical duties as teachers, coaches, and extracurricular advisors, some serve in the boarding program. Approximately 40% of faculty and administrators live on or near campus, contributing to the vibrant strength of the Hackley community.
Interested and qualified candidates should submit a formal letter of application, current resume, and a list of three references with contact information to: