CFO/Business Manager - Insight Pennsylvania Cyber Charter School
Position: CFO/Business Manager
Subject Area: (none)
Job Title: CFO, Chief Financial Officer
Job Location: Insight Pennslyvania (ISPA)
Beginning: Immediately
Deadline: Open until filled **
District: Insight Pennsylvania Cyber Charter School
Herndon, VA 57101
Telephone: 571-405-2214
Job Description:
The mission of Insight PA Cyber Charter is to enable, inspire and prepare students to achieve the highest levels of academic standards so they will make a powerful impact in their communities. Opening in the fall of 2017 by a nonprofit board comprised of members from the greater Philadelphia community, Insight PA Cyber Charter’s vision is to ignite a desire for learning in every student and nurture them to understand their goals and create a clear path to achieve them 
Reporting to the Chief Executive Officer and to the Board of Directors, the Chief Financial Officer will be responsible to assist the Non-Profit Board with fulfilling their fiduciary duties in providing financial over-site for Insight PA:
  • Establishing priorities for the financial management of the school.
  • Providing the school’s management service provider with the Board's priorities in the development of the budget. Reviewing and recommending adoption of the annual school budget. Reviewing budget variances on a monthly basis and recommending budget adjustments as needed.
  • Contracting External Auditor to prepare yearly review and preparation of annual financial statements.  
  • Reviewing and approving financial transactions, including accounts payable, accounts receivable, banking, investments and payroll functions. 
  • Work with the Chief Executive Officer (CEO) and the Board to establish the policies and procedures necessary to meet the legal requirements of operating a school in the commonwealth of Pennsylvania.  
  • Review and oversee the negotiation of all contracts, MOUs and CEAs of the organization and create standardized terms and conditions that best protect the position and assets of Insight PA.
  • Maintain and update fiscal calendar for all PA reporting deadlines including, but not limited to, audit schedule, tax reporting, initiation of annual budget process and monthly close dates.
  • Maintain comprehensive understanding of Insight PA annual reports, including operating budget and Annual Financial Report (AFR), capital expenditures and annual payroll.
  • Provide leadership and oversight of Insight PA’s compliance function assuring that the organization has the:
           o    Support to remain compliant with all state and federal requirements. 
           o    Establish and maintain sound financial policies, procedures, systems and controls for the organization. 
           o    Provide risk management analyses to ensure Insight PA proactively reviews, anticipates and addresses                             potential risks and oversee the maintenance of appropriate insurance policies. 
           o    Report and analyze all financial statements, including statement of activities, fund balance and sources/uses                     of funds to all stakeholders
           o    Deliver timely reports to the CEO, Finance Committee, Board of Directors, Pennsylvania Department of                             Education and other agencies.
           o    Assist in management and execution of year-end audits and work with external auditor to ensure clean                               financial audits with an unqualified opinion.

  • Master's degree in Business or Education 
  • Minimum five (5) years related experience and/or training; or
  • Comprehensive understanding of financial models for sustainability and efficiency to utilize all available resources including grants management for cash flow cycling;
  • Ability to work effectively in a fluid environment and with a wide range of constituents, including board members, school personnel and vendors in order to establish a culture of support, compliance, accountability and performance.
  • Valid fingerprint clearance card or background check
  • Live in Pennsylvania and work in the Pennsylvania office    
  • Experience in a charter school environment preferred
  • Experience using student information systems

** District reserves the right to close any Job Posting when a suitable applicant has been found before the deadline date.
**** REAP Applicants: If you want to notify the school district of your interest in this job, click here.