Director of Finance

Ravenscroft; Raleigh (NC); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

TIAA retirement

Medical/dental coverage

Competitive compensation

Job summary

Ravenscroft School in Raleigh, NC seeks a Director of Finance to modernize and lead the school’s accounting and finance functions. You will design and implement shared services, controls, and reporting to support a growing PK–12 community of 1,250 students.

You’ll oversee month-end close, budgeting, audits, and financial modeling, while guiding a small accounting team and communicating complex financial information to non-financial audiences.

Qualifications

• Bachelor's degree in accounting, finance, business, or a related field.
• Five+ years of progressively responsible accounting experience, including 3+ in a controller/director role.
• Experience leading financial system implementation or major process redesign.
• Strong working knowledge of GAAP and nonprofit fund accounting.
• Proven ownership of monthly and annual close, reconciliations, and audit preparation.
• Ability to explain financial information clearly to non-financial audiences.
• CPA or MBA preferred; nonprofit or independent school experience beneficial.

Responsibilities

• Lead modernization of Ravenscroft's accounting and finance function from assessment through implementation, training and adoption.
• Replace manual and paper-based processes with automated, integrated workflows across general ledger, accounts payable, purchasing, and budgeting.
• Own accuracy and timeliness of the School's accounting records, month-end close, and financial statements.
• Partner with the CFOO on 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.

Skills

GAAP

Nonprofit accounting

Financial systems implementation

Leadership

Budgeting

Audit coordination

Education

Bachelor's degree in accounting/finance/business

CPA or MBA preferred

Tools

Blackbaud Financial Edge NXT

Veracross

Payroll systems

Job description

Description

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 PK–12 school of 1,250 students in Raleigh, and the incoming Director will lead the School's 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 You'll Do

• Lead the modernization of Ravenscroft's 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 School's 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:

Required

• Bachelor's 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 Ravenscroft's 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.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.