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Freedom Preparatory Academy

Managing Director of Finance

Posted 13 Hours Ago
Be an Early Applicant
Remote
Hiring Remotely in United States
115K-133K Annually
Senior level
Remote
Hiring Remotely in United States
115K-133K Annually
Senior level
The Managing Director of Finance leads annual operational and capital budgeting, revenue budget management, grant budget oversight, budget-to-actual reporting, financial modeling, and presentations for leadership and the Board. The role collaborates with the CFO and Controller to ensure accurate entity-level reporting, supports internal and external financial reports, trains budget owners, and implements finance technology to improve efficiency and accuracy.
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ABOUT US

Freedom Preparatory Academy Charter Schools (www.freedomprep.org) is a K-12 charter school in Memphis, TN and Alabama. Our mission is to prepare all students in grades K-12 to excel in college and in life. Freedom Preparatory Academy opened in August of 2009 with a class of 96 6th graders. We now serve over 2,000 students in grades K-12 and launched in Birmingham, AL with K-1 to grow to a K-5 campus. In the fifteen years we have been operating, our students have exceeded local and state averages in math and local averages in English language arts on the state exam.

 

We have three core beliefs that drive our mission: Every child deserves the right to a high quality public education, a foundation in character development is essential, and direct exposure to an array of opportunities and experiences provides each child with the self-confidence and social knowledge to compete globally. We will accomplish our mission through a highly structured, academically rigorous environment where students will master the core subjects, develop advanced academic skills, and demonstrate the school's core values of: Respect, Responsibility, Integrity, Excellence, and Community.

 

Position Overview

    Freedom Preparatory Academy seeks a Managing Director of Finance to work collaboratively with the Chief Financial Officer and Controller.

Key Responsibilities

    • Lead the annual budget process and provide budget to actual performance results to the schools, department leads, leadership and the Board of Directors.  The budget process will include operational and capital budgets.

    • Manage the budget for every source of revenue received or allocated to the Network, incorporate those budgets into the daily operations of the organization and provide immediate feedback to organizational leadership regarding remaining budget balances.

    • Supervise and guide the Grants Financial Compliance Manager, in partnership with programmatic directors (internal and external) and leadership to develop and manage grant budgets

    • Prepare budget presentations for leadership and constituents, and provide training to school and department lead staff to understand and utilize budgets that are aligned to the organization’s mission and goals.

    • Collaborate with the Controller to ensure financial reports are accurate as a whole and by location / entity

    • Assist the CFO in preparing all internal and external reports involving budget results, comparisons or multi-year projections including but not limited to authorizer/district reporting, financing agreements and Board of Directors reports.

    • Stay abreast of advancements in finance technology

    • Implement and leverage finance software to improve efficiency and accuracy

    • Abide by all state and federal mandates in reporting sexual or physical abuse and neglect.

    • Other duties as assigned aligned with the scope of the position according to the Hiring Manager/Supervisor

Qualifications

    • Minimum of Bachelor’s Degree, with strong preference for candidates with MBA

      • At least five years of significant work experience with organizations as a Budget Director, Director of Finance, Grant Manager or equivalent with non-profit or education organizations strongly preferred

      • Proven success running a high performing Finance team 

        • Comprehensive understanding of fund-based budget modeling in Excel and utilization of budget management systems, including import / export experience within the budget management system

          • Comprehensive understanding of how to develop financial models for sustainability and efficiency

            • Knowledge and understanding of Generally Accepted Accounting Principles (GAAP)

              • Extreme flexibility, with a strong work ethic and an entrepreneurial spirit to accommodate high level of responsibility and multiple priorities

              • Ability to work effectively in a fluid environment and with a wide range of constituents, including board members, school personnel and external reports

              • Ability to successfully deal with all persons in a fair and equitable manner

              • Ability to prepare clear, concise and accurate correspondence, reports and other written materials

              • Ability to organize, set priorities and exercise sound independent judgment within areas of responsibility

              • Maintain complex and confidential records and files

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