Director of Finance

Company:  Regina Catholic Education Center
Location: Iowa City
Closing Date: 02/11/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Job Posting Link for Application:

Regina Finance Director

Make an Impact, We are:

  • Faith-centered learning: We cultivate academic excellence anchored in Gospel values, fostering spiritual growth and ethical leadership.
  • Supportive community: Experience collaboration with passionate colleagues, supportive families, and a nurturing environment.

POSITION SUMMARY:

Oversee Business Office operations of Regina Catholic schools. Develop and monitor control systems to preserve school assets and report financial results. Initiate and manage special projects to enhance school operations.

MAJOR RESPONSIBILITIES (include but are not limited to):

Financial Management and Reporting:

  • Develop and maintain accounting policies and procedures: Ensure internal controls, compliance with GAAP, donor restrictions, and other regulations.
  • Drive financial reporting: Prepare accurate financial statements, develop annual budget, monitor budget variances, and report financial results to the Finance Committee and Board of Education.
  • Facilitate governance of the Regina Board of Education Finance Committee and work collaboratively with the Finance Chair including monitoring profitability metrics.
  • Manage cash flow and debt: Reconcile accounts, manage parish subsidies, monitor debt levels, and oversee cash reserves to preserve and build capital.
  • Supervise financial operations: Oversee accounts payable, payroll, benefits, employee contracts, and insurance.
  • Ensure the fundamental facilities and services necessary for the school to function are maintained, drive sustainability, support teaching and learning excellence, assist expansion and support community engagement.
  • Ensure regulatory compliance: File government and Diocesan reports, and manage insurance aspects of facility rentals.

Collaboration and Budget Management:

  • Work with departments to acquire accurate data for budgeting and financial statements.
  • Collaborate with Regina Foundation and school service groups.
  • Develop and manage budgets: Oversee the budget process, including capital expenditures, and report significant variances.
  • Oversee tuition and financial aid: Administer the tuition schedule and collections, manage the state Education Savings Accounts (ESA) process, oversee Student Tuition Organization (STO) funding, and collaborate with parishes to ensure funding of subsidies.
  • Initiate, manage or collaborate with special projects to enhance school operations
  • Communicate and cooperate with external Auditors as needed.
  • Other duties as assigned

Qualifications

  • An understanding of and commitment to Regina mission, values, goals, and strategies
  • Bachelor’s degree (or higher) in accounting or finance with at least 5 years of related experience.
  • Solid understanding of financial statements, accounting principles, and business analysis
  • Knowledge and experience in 501(c)3 accounting, tax and finances, tuition programs, payroll, property tax, 990 filings, and capital project management
  • Functional knowledge of Google Workspace, Microsoft Office Suite including Excel, Word, PowerPoint and QuickBooks.
  • Compliance with all Regina and Diocese of Davenport policies and procedures.
  • Excellent communication skills and professional manner and appearance
  • Strong organizational skills and the capacity to set priorities
  • Highest standards of integrity, work ethic and attention to detail.
  • Secure treatment of all information and data, with primary emphasis on confidentiality
  • Work collaboratively with the leadership team, supervise business office staff
  • Self-starter; energetic, conscientious; ability to multi-task and work independently with minimum supervision
  • Interest and willingness to seek opportunities for continuing education and development appropriate to one's position in the organization.

Job Type: Full-time

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Life insurance
  • Paid time off
  • Tuition reimbursement

Schedule:

  • Monday to Friday

Work Location: In person

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