Director of Finance

Ravenscroft is seeking a Director of Finance in the Business Office. This is a full-time exempt 12-month position reporting to the Associate Head of School for Business Affairs (CFOO).

This is an exceptional opportunity for a finance leader who thrives on building strong systems from the ground up. Ravenscroft is a thriving PK12 school of 1250 students in Raleigh and the incoming Director will lead the Schools accounting operations while designing the modern systems policies and practices that will serve Ravenscroft for years to come.

REPORTS TO: Associate Head of School for Business Affairs (CFOO)

SUPERVISORY RESPONSIBILITIES: Business Office accounting staff and school store staff (Total 3.5 employees)

What Youll Do

• Lead the modernization of Ravenscrofts accounting and finance function from systems assessment through implementation training and adoption.
• Replace manual and paper-based processes with automated integrated workflows across the general ledger accounts payable purchasing and budgeting.
• Own the accuracy and timeliness of the Schools accounting records month-end close and financial statements.
• Partner with the CFOO on the annual operating and capital budgets multi-year financial modeling and monthly budget-to-actual reporting.
• Document and monitor internal controls and manage the annual audit and related compliance reporting.
• Prepare financial reporting for the Audit Finance and Investment Committees of the Board of Trustees.
• Lead and develop the Business Office accounting team and set service standards for families faculty and staff.

QUALIFICATIONS:

• Bachelors degree in accounting finance business or a related field
• Five or more years of progressively responsible accounting experience including at least three in a controller director of finance or equivalent leadership role
• Demonstrated experience leading a financial system implementation conversion or significant process redesign
• Strong working knowledge of GAAP and nonprofit fund accounting
• Proven ownership of the monthly and annual close reconciliations and audit preparation
• Supervisory experience and the ability to explain financial information clearly to non-financial audiences

Preferred

• CPA or MBA
• Independent school higher education or other nonprofit finance experience
• Experience with platforms such as Blackbaud Financial Edge NXT Veracross or comparable general ledger tuition billing and payroll systems
• Experience implementing accounts payable automation expense management or purchasing workflow tools
• Familiarity with endowment accounting and tax-exempt bond compliance

WORK ENVIRONMENT AND PHYSICAL DEMANDS:

This role is based on Ravenscrofts campus and includes work in the Business Office and shared community spaces. The position requires prolonged periods working at a computer the ability to move throughout campus and clear communication with colleagues families and trustees. Workload peaks around budget development fiscal year-end close the annual audit and the opening of school. Occasional evening responsibilities may be required in connection with Board and committee meetings. Reasonable accommodations may be made for qualified individuals with disabilities.

COMPENSATION AND BENEFITS

Ravenscroft School is committed to attracting and retaining outstanding faculty and staff through a compensation plan that compares favorably with those of regional peer schools. A comprehensive benefits package includes TIAA retirement and generous medical/dental coverage equaling the best plans in independent schools.

Required Experience:

Director