Position Summary:

The CLHSA Finance Director, reporting directly to the CLHSA Superintendent, develops, implements, and maintains the financial functions of the Cleveland Lutheran High School Association. The CLHSA Finance Director is responsible for the accounting and financial reporting functions of the organization and is responsible for ensuring that the fiscal practices of the CLHSA remain in line with the ministry and vision of the organization. The CLHSA Finance Director will be the direct liaison for external audits, ensuring that all processes related to external audits are completed faithfully and efficiently. The CLHSA Finance Director will direct financial processes at CLHSA schools and manage both the Payroll & Accounts Payable Manager and the Staff Accountant.  

Duties and Responsibilities:

-Direct and monitor all financial activity of the organization

-Manage, monitor, and report organization cash flow 

-Reconcile all general ledger accounts monthly

-Reconcile all bank and investment statements monthly

-Reconcile Raiser’s Edge entries with Financial Edge monthly

-Reconcile accounts payable and accounts receivable aging reports to trial balances monthly

-Ensure proper accounting of all Fixed Assets and Depreciation 

-Work with Tuition Managers to account for and reconcile tuition receivables monthly 

-Work with school administration to properly account for and deposit non-tuition revenue 

-Work with CLHSA Development Director to reconcile promises to give with pledges receivable 

-Prepare monthly reports including school P&Ls, Balance Sheets, Debt Analysis, and Cash Flow models 

-Manage transfers between CLHSA accounts and proper journal entries associated with these transfers

-Oversee and prepare budget development, review, and forecasting of future budgets 

-Provide financial input for enrollment and staffing projections 

-Manage CLHSA relationship with banking partners and financial institutions 

-Oversee and prepare external audits to ensure accuracy of information and strength of internal controls 

-Establish internal work processes for CLHSA Financial Department and monitor their progress

-Report on financial matters at Operating Board, Directors, CLEEF, Finance Committee, and Delegates meetings

-Assure current practices are employed in the Finance Department that demonstrate cost benefits to the organization, including but not limited to the appropriate use of the tools of technology

-Prepare and enter all deposits and journal entries into Financial Edge

-Manage the risk management program, including insurance plans and claims administration 

-Strategically forecast financial trends by using data analysis 

-Prepare checks to be paid out of restricted accounts and facilitate payment under Capital Campaigns / Projects

-Support the Administrative team in understanding, managing, and reporting their budgets and financial statements

-Ensure that the CLHSA is current on not-for-profit accounting rules, guidelines, and procedures

-Oversee and direct the work of the Payroll & Accounts Payable Manager as well as the Staff Accountant