Regina Catholic Education Center Looking for Finance Director at Iowa City, IA Full Time

JOB TITLE: Finance Director EFFECTIVE DATE: 6/1/2022

LOCATION: Regina Catholic Education Center

FLSA STATUS: Full Time (40 hours/week)

REPORTS TO: Head of School

ABOUT Regina Catholic Education Center:

Regina Catholic Education Center is a Catholic school located in Iowa City, Iowa educating students from PreK through 12th grade. The school is supported by four Catholic parishes: St. Thomas More,

St. Patrick, St. Mary, and St. Wenceslaus. Regina Catholic Education Center “is committed to preparing tomorrow’s leaders through a comprehensive educational experience focused on excellence and anchored in the teachings of the Roman Catholic Church.”

SUMMARY:

We are seeking a talented and motivated individual to join our team as Business Manager. This role requires a knowledge of financial analysis and accounting principles.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

1. Oversee financial operations of the school including payroll, employee benefits, purchasing, insurance, and building and grounds.
2. Coordinate tuition collection, tuition communications with families, and the financial assistance program
3. Create and monitor budgets, monitor actual results, and complete monthly variance analysis
4. Provide management reports monthly and on-demand
5. Establish and monitor profitability metrics to analyze the school’s operations, providing information to the Head of School and Finance Committee for consideration
6. Assist the Diocesan Accounting Office with their review of internal controls and provide all materials and documentation required for the audit
7. Acquire information needed from the Diocese of Davenport to compute the parish assessment numbers and submit to the parishes for approval
8. Ensure all expenditures are consistent with established Board of Education policies and in compliance with generally accepted accounting principles by the Diocese of Davenport
9. Ensure compliance with applicable federal and state regulations for financial, payroll, and tax matters
10. Perform other duties as assigned
11. Attend Board of Education meetings for reporting purposes
12. Work collaboratively with the Foundation

QUALIFICATIONS:

1. Bachelor’s degree in Accounting, Finance, or Business preferred with a minimum of 5 years accounting experience or 5+ years relevant experience. CPA desirable, but not required.
2. Solid understanding of financial statements, accounting, and financial analysis
3. Proficient in Excel, Word, Power Point, Google Suite and Quickbooks
4. Attention to detail and positive can-do attitude a must
5. Ability to tolerate peak workloads and multiple assignments. Produce results with accuracy and reliability.
6. Ability to initiate action and work independently

Profitability Metrics (examples)

Expectation that this information would be prepared/provided to Head of School to make informed decisions and strategic plans

• Break even metrics

o Minimum number of students needed per class at each grade levelo Minimum number of students needed in each class (system-wide, collective 1st grade, 2nd grade, etc.) * Establish target profitability metrics

o Minimum number of students needed per class

o Minimum number of students needed at Regina in total

o Minimum number of students needed in each class (collective 1st grade, 2nd grade, etc.)

• Review staffing costs per grade including Preschool, elementary, junior high, high school and specialist teachers

• Review facility and operating expenses

o Make recommendations to Head of School and Board of Education if any contracts need to be re-negotiated

• Create Income Statement reports for each center (preschool, elementary, junior high, high school…) to monitor profitability

o Actual vs. Budget and variance

o Run monthly

o Ensure a rolling budget is created that is constantly kept accurate as changes/decisions are made * Assist Head of School with reviewing fundraisers and marketing activities to evaluate time/energy vs. benefit
Benefit Conditions:

• Only full-time employees eligible

Work Remotely

• No

This Job Is Ideal for Someone Who Is:

• Dependable — more reliable than spontaneous
• Adaptable/flexible — enjoys doing work that requires frequent shifts in direction
• Achievement-oriented — enjoys taking on challenges, even if they might fail
• Autonomous/Independent — enjoys working with little direction

Job Type: Full-time

Pay: $46,000.00 – $76,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Employee discount
• Health insurance
• Life insurance
• Paid time off

Schedule:

• Monday to Friday

Education:

• Bachelor’s (Preferred)

Work Location: One location