Wyoming Seminary College Preparatory School seeks a Chief Financial Officer.
Wyoming Seminary, or “Sem” as it is affectionately known, is situated in the beautiful Wyoming valley of northeast Pennsylvania, famously dubbed, the “valley with a heart.” In close proximity to the Poconos, the area contains many opportunities for outdoor pursuits with its picturesque mountains and lakes. Sem is two hours from New York City and Philadelphia.
Known as a school that encourages faculty and students to develop individuality and strength of character, there are abundant opportunities for student participation in a wide variety of well developed athletic, artistic, and extra-curricular activities. Wyoming Seminary has always been a caring, diverse school that enrolls students from around northeast Pennsylvania, the United States and the world. With 174 years of successful educational service and a tradition of academic excellence, Wyoming Seminary enjoys a strong place in the independent school world.
The CFO will find ready collaborators among the President, trustees, and other administrators. Preserving Sem’s strong community ethos with its guiding core values of the True, the Beautiful and the Good and culture requires care and accompanying financial resources. The new CFO must develop a nuanced understanding of this approach to be successful.
Reporting to President as a member of the school’s senior Cabinet, the Chief Financial Officer (CFO) holds comprehensive responsibility for all aspects of the School’s financial management including oversight, strategies, fiscal policies, hiring, programs, and practices.
Wyoming Seminary seeks a CFO who is thoughtful, even- tempered, a strategic thinker and a team player. In addition to overseeing members of the Business Office, the new CFO will oversee security and food service. The most appealing candidates will instinctively understand the interdependence of all aspects of an educational institution and the overriding need to best serve the students, teachers and staff who comprise the Sem community.
Below are a list of the major responsibilities.
Report directly to the President and work closely with other senior administrators and the Chair of the Finance Committee as well as the Board’s Finance and Investment Committees.
Supervise members of the financial team.
Work cooperatively as a member of the senior administrative team. The CFO
will function as a financial coach for all senior administrators, assisting them
with all aspects of their financial responsibility.
Steward the organization’s resources effectively and, by the application ofsound business principles, maximize the School’s resources and improve its operating efficiency. The CFO will also enhance the School’s financial stability by developing, implementing and monitoring effective systems of financial control and decision-making.
Develop a sustainable, multi-year financial model capable of ensuring the School’s fiscal stability as part of the School’s strategic plan.
Champion the budgeting process to ensure a high degree of financial literacy among all budget controllers.
Oversee the preparation of periodic financial statements for the President and the Board of Trustees.
Remain knowledgeable of emerging trends and their potential impact on the School’s future and its opportunity landscape. The CFO must be prepared to “see beyond the numbers” and provide vital business insights from a financial perspective. The CFO must have the ability to develop insights and communicate them to others on the leadership and governance teams.
Manage relationships with external parties including financial consultants, auditors, investment advisors, bank representatives, as well as other advisors to assist in the organization’s financial and legal affairs.
Be a skilled project manager: developing project plans, communicating changes and progress, and completing projects on time and within budget.
Research, analyze, and present excellent benchmarking data that will advise all financial decisions.
Implement investment decisions of the Investment Committee; and coordinate with the endowment consultants.
Provide sound and consistent employment policies, adequate staffing levels, compensation, and appropriate benefits programs for all facets of School operations.
Oversee and work collaboratively with others on specific responsibilities including financial aid, risk management, employee salaries and benefits, compliance with federal and state regulations and the preparation of the annual budget.
Oversee the annual financial and 403b plan audits and filings of tax returns.
Attend and support Board and Finance/Investment Committees meetings.
The successful candidate will possess the following qualifications and personal qualities:
Bachelor’s degree required; M.B.A. preferred
10-plus years of financial and business leadership
Strategic thinker who sees the larger picture
Ability to understand and embrace Wyoming Seminary’s mission
Ability to balance and prioritize the needs of the School
Ability to manage and mentor staff
Experience on senior administrative teams and working with nonprofit
Boards; independent school experience a plus
Demonstrated experience in measuring and improving organization-wide
Demonstrated experience in the development of analysis for strategic decision-making, such as key cost drivers, competitive analysis, market analysis, organizational strengths and weaknesses, etc.
High energy – brings a sense of urgency to the organization
Superb people skills; compassionate
Demonstrated ability to take complex subjects, distill them, and then
communicate them to various audiences
A strong team player
Fair, but demanding; a willingness to say “no”
Committed to diversity and inclusion practices
Excellent communications skills
Additional Salary Information: Salary is based on experience.