Chief Financial and Operating Officer

Chief Financial and Operating Officer

Start date:

Winter 2026.

Salary Range: $175,000-$240,000/year, commensurate with experience.

Position Summary

Morristown Beard School (MBS), an independent coeducational day school located in Morristown, NJ, seeks a skilled and thoughtful leader to serve as the School’s next Chief Financial and Operating Officer (CF&OO), assuming the role in Winter 2026. Reporting directly to the Head of School, the CF&OO serves as leader of MBS’ finance and operations, provides strategic partnership and counsel to both the Head of School and the Board of Trustees, and as a member of the senior administrative team, collaborates frequently and thoughtfully with colleagues.

The CF&OO will manage the School’s $34M endowment and $36M annual operating budget, provide strategic leadership, oversee business office functions, administer employee benefits, and ensure compliance with financial and legal obligations.

Responsibilities

• Manage the School’s $34M endowment and $36M annual operating budget.

• Provide strategic leadership and analysis of all finances and operations.

• Establish financial and capital strategies consistent with the strategic priorities.

• Serve on the Head of School’s Leadership Team and lead, co‑lead, or participate in several other teams and committees.

• Oversee all business office functions, including all financial reporting to the Head of School, Board of Trustees, and various committees.

• Serve as chief staff liaison to Board committees.

• Build and/or maintain the School’s short‑ and long‑term strategic financial models.

• Oversee the administration of the School’s endowment.

• Oversee School’s operations including personnel, maintenance, and vendors.

• Maintain strong relationships with banks and lenders to ensure that funding is secured for the needs of the School and compliance with loan terms.

• Administer and manage all employee benefit programs, including health insurance, retirement, workers’ compensation, life insurance, and other related plans.

• Manage insurance programs, including property, casualty, medical, and workers’ compensation.

• Ensure compliance with all local and state reporting requirements.

• Collaborate effectively with Advancement, Enrollment Management, and other departments.

• Participate in diversity, equity, inclusion, and belonging professional development.

• Coordinate closely with the Facilities Director on oversight of the physical plant, grounds, and construction functions.

Qualifications and Personal Attributes

• Strong financial acumen, with demonstrated expertise in annual budgeting, financial forecasting, and planning.

• A compassionate leader with emotional intelligence.

• A creative and strategic thinker who identifies, pursues, and implements growth opportunities on behalf of the institution.

• A commitment to building community and living Morristown Beard’s mission.

• Capacity and willingness to collaborate thoughtfully, and the ability to build trust with colleagues, creating open dialogues and team‑building morale.

• Sophisticated communication skills, both oral and written, and the capacity to tailor messaging based on the needs and interests of the audience.

• The ability to disseminate financial and budgeting information with transparency and clarity.

• At least 5 years of relevant experience in finance and operations.

• Bachelor’s degree required; advanced degree preferred.

Benefits

• Comprehensive insurance plan (medical, dental, vision, and prescription drug coverage) with generous employer contributions.

• 403(b) retirement plan with employer contribution and immediate vesting.

• Life insurance.

• Short‑ and long‑term disability insurance.

• Employee Assistance Program (EAP).

• Pet insurance discount program.

• Tuition remission for eligible children after meeting initial employment requirements.

• Summer camp remission.

• Lunch is provided for all employees.

Non‑Discrimination Statement

Morristown Beard School does not discriminate on the basis of race, color, nationality, age, religion, political affiliation, gender, gender expression, gender identity, mental or physical disability, sexual orientation, parental or marital status, or any other basis protected by federal, state, or local law, ordinance or regulation, in its educational program(s) or employment.

How to Apply

• A cover letter expressing interest in this position.

• A current résumé.

• Professional references (to be requested for candidates invited to next stage).

Submit all materials to  via email. Please include your name and the job title in the subject line.

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