Chief Financial Officer

Chief Financial Officer

• The Madeira School
• June 10, 2024
• McLean, VA

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Madeira School is an all girls’ boarding and day school serving grades 9-12 located on 376 acres along the picturesque Potomac River in McLean, VA, just minutes from Washington, DC. Established in 1906, Madeira is ranked as the #1 Best Boarding School in Virginia and among the top 25 of all boarding schools in the US.

Under the dynamic leadership of new Head of School, Christina Kyong, and that of long-time and dedicated administrative team members, the school seeks a seasoned Chief Financial Officer to help Madeira realize its greatest ambitions.

Madeira boasts a $27 million annual operating budget and an endowment valued at $80 million. Madeira does not have any debt and holds nearly $10 million in cash and capital maintenance reserves. Tuition currently ranges from $69,500 for boarding to $54,200 for day students, and comprises 67% of revenues. Approximately 37% of students receive financial aid.

CHIEF FINANCIAL OFFICER KEY RESPONSIBILITIES

The Chief Financial Officer (CFO) is an integral member of the senior administrative team and liaison to the Board of Trustees. Reporting to the Head of School, the CFO is responsible for advancing the mission of the school by serving as a strategic thought leader and a visible and active member of the Madeira community.

The CFO oversees the following roles within the Business Office : Comptroller; HR Director; Staff Accountant; Accounts Payable Administrator; Student Billing / Accounts Receivable; and a part-time HR Associate. Others that the CFO supervises include directors of Facilities, Security, IT, Summer Programs, and Dining Services.

Madeira seeks to employ candidates with a high degree of cultural competency and emotional intelligence, who are passionate about girls’ education and leadership, and who have a desire to fully engage in the life of the school. Ideal candidates will be progressive, intrinsically-motivated, planful yet action-oriented, knowledgeable about best practices as they relate to finance and operations, strategic, and highly relational.

DESIRED QUALIFICATIONS AND CHARACTERISTICS

Salary is competitive and commensurate with experience, and the position must be performed on site, in Virginia. Madeira anticipates a salary range of approximately $250,000 to $280,000 and offers a generous benefits package as well, including tuition remission.