Chief Business Officer – Idealist
THE ORGANIZATION
Established in 2003, Bright Star Faculties constantly redefines what is possible for pupils, people and the community education system at significant. Bright Star’s eyesight is for each individual university student in Los Angeles to have equitable entry to a faculty that delivers an exceptional, school-completely ready education and learning. With 9 educational facilities in procedure, currently serving about 3,500 college students throughout three distinct communities in Los Angeles, Brilliant Star is living proof that different outcomes are doable when college students from underserved communities are provided accessibility to high-quality educational prospects. Brilliant Star gives its college students with a tuition-cost-free, higher-top quality schooling that prepares them to compete in the global market and give back again to their communities. By means of enrichment opportunities, extracurricular routines, and pupil and household services, Dazzling Star educates the total kid.
Shiny Star has an annual operating spending budget of about $67M that is envisioned to expand to about $75M about the up coming 4 years, and now employs more than 500 staff. Dazzling Star relies largely on condition and federal funding for its operating spending plan as very well as contributions from non-public donations.
Purpose SUMMARY
Shiny Star seeks a Main Business enterprise Officer (CBO) to direct money operations and oversee the accounting group. In addition the CBO will oversee the outreach and enrollment group – which manages the recruitment and enrollment of Shiny Star’s students. They will also take care of the services team, which is responsible for pinpointing, acquiring, creating, and renovating our school facilities, and take care of a variety of strategic consultants and advisors. Currently all 9 of Bright Star’s colleges are both in a lasting facility or on a pathway to a everlasting facility in the upcoming 3-5 decades.
The prosperous prospect will be certain that Bright Star maintains a tradition that places college students initially and assures exceptional services to our educational facilities. They will incorporate a capability for methods-amount and strategic considering, thorough notice to depth, and solid interpersonal techniques in building relationships with crucial inside and exterior stakeholders.
RESPONSIBILITIES
Organizational Leadership & Strategy
● As a member of Bright Star’s Government Management Crew, provide as a strategic advisor and considered husband or wife to the Executive Director (ED) and other senior leaders, doing work to reach Shiny Star’s mission.
● Lead and implement Dazzling Star’s quick and long-selection strategic scheduling attempts and manage the multi-calendar year economic model. In partnership with the ED, leadership crew, and customers of the Bright Star Faculties Board of Directors, established monetary targets to guarantee solid economical health and fitness and fiscal sustainability.
● Maintain a near operating romantic relationship with customers of the College Assist Staff (Shiny Star’s central place of work help team) provide aid to faculty management and campus team, emphasizing a society of great consumer service.
● In collaboration with the ED, guide finance committee meetings of Bright Star Colleges make presentations to the board on regular monthly financials or pending facility jobs. ● Provide as an ambassador of Brilliant Star internally and externally – connect proactively, knowledgeably and passionately about Vivid Star’s mission.
● In collaboration with the ED and technique staff, develop and offer oversight for an progression method with particular person donors, granting companions, and so forth. aid coordinate advocacy initiatives for Vibrant Star Educational institutions.
Monetary Management
● Present leadership and course on all features of finance, which include budgeting, forecasting, extended-phrase setting up, cash planning, monetary reporting and investigation, accounting, funds movement setting up, expense management, grants management and danger management.
● Build and lead the budgeting approach for Vibrant Star educational institutions and School Help Team departments satisfy on a regular basis with the management crew and school leaders to overview money facts and aid develop their organization acumen.
● Manage and doc audio monetary insurance policies, strategies, units, and controls and assure compliance with all applicable condition and federal legislation assure clear audits. ● In collaboration with the ED, ensure Dazzling Star secures the equity and debt funding necessary to fuel its upcoming period of facilities projects. Get the job done with nearby financial establishments, direct financing negotiations, and operate in shut collaboration with facilities staff and consultants on the design and style and development of services projects.
● Oversee the Accounting team and assure fluid interaction with finance and accounting functions
Facilities
● Enable to acquire, finance and job regulate facility projects oversee Proposition 39 software procedure, as needed.
● Operate with realtors to assist detect quick and prolonged-time period homes that can accommodate colleges in the Bright Star Network.
● Make certain that all amenities are in compliance with nearby, point out, federal, and district policies and rules and be certain that all renovations to properties are accomplished with fidelity.
Enrollment
● Oversee and regulate Vivid Star’s outreach and enrollment efforts.
● Make certain that each Brilliant Star school has an enrollment strategy that usually takes into account historic enrollment traits, facility ability, funds prerequisites, and school plan prerequisites.
Workforce Leadership
● Serve as an extraordinary position model and straight deal with a team of 3 direct stories, including a VP of Finance & Services, Controller, and Sr Director of Outreach and Engagement. Oversee selecting, on-boarding, management, and analysis of the staff.
● Establish a solid group lifestyle that incorporates a strong buyer support orientation into all aspects of the team’s get the job done.
QUALIFICATIONS
Profitable candidates have to be a steadfast believer that all college students can achieve academic excellence, irrespective of their history. In addition, sturdy candidates will have:
● More than ten several years of progressive group leadership experience running finance and accounting California charter college finance/accounting history is a plus
● Solid financial management techniques and company acumen shown skill in budgeting, economical analysis and fiscal modeling
● Experience with bond and other credit card debt funding preferred
● Profitable track record of foremost and building substantial-doing groups dedicated to the mission and goals of the organization, with the means to foster trust and collaboration amongst crew members
● Demonstrated achievements establishing, controlling, cultivating, and leveraging robust interpersonal relationships and partnerships throughout all levels of an firm ● Inspirational and empathetic person of unquestioned integrity, ethics, and values, treating others with regard, and acquiring a demonstrated report of supporting and driving initiatives to advance range, equity, and inclusion.
● A shown skill to function independently in a quick-paced atmosphere, lead many jobs, dilemma clear up and meet concurrent deadlines
● Bachelor’s diploma demanded, with a potent choice in finance, accounting or associated discipline superior degree in a similar subject, MBA and/or CPA strongly chosen.
Determination AND COMPENSATION
Payment commensurate with working experience. Brilliant Star offers a helpful and committed crew of colleagues, and a comprehensive benefits plan including health care, dental, eyesight, life and incapacity, additionally supplemental insurance policies, and retirement applications, such as a 403(b) prepare with employer match. Vibrant Star is an Equal Opportunity Employer and does not discriminate on the foundation of race, colour, religion, gender, sexual choice, nationwide or ethnic origin, age, disability, pregnancy or veteran position.