September 26, 2022

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Chief Business Officer – Idealist

5 min read

THE ORGANIZATION 

Established in 2003, Brilliant Star Faculties continuously redefines what is probable for college students, households and the public education and learning system at big. Vibrant Star’s vision is for just about every pupil in Los Angeles to have equitable accessibility to a faculty that provides an exceptional, school-all set education. With 9 educational institutions in procedure, presently serving around 3,500 learners in the course of three distinct communities in Los Angeles, Bright Star is living evidence that various outcomes are probable when learners from underserved communities are supplied entry to higher-top quality academic options. Shiny Star provides its pupils with a tuition-no cost, higher-good quality education and learning that prepares them to contend in the worldwide market and give again to their communities. By way of enrichment opportunities, extracurricular functions, and student and family services, Brilliant Star educates the total baby. 

Vivid Star has an once-a-year functioning spending plan of around $67M that is predicted to increase to about $75M in excess of the upcoming 4 decades, and presently employs in excess of 500 staff members. Dazzling Star depends principally on point out and federal funding for its functioning funds as well as contributions from personal donations. 

 

Role SUMMARY 

Vibrant Star seeks a Main Enterprise Officer (CBO) to direct monetary operations and oversee the accounting team. In addition the CBO will oversee the outreach and enrollment group – which manages the recruitment and enrollment of Bright Star’s college students. They will also handle the services group, which is responsible for identifying, buying, making, and renovating our school amenities, and control a range of strategic consultants and advisors. Currently all 9 of Vivid Star’s schools are both in a lasting facility or on a pathway to a long lasting facility in the following 3-5 decades. 

The successful applicant will ensure that Vivid Star maintains a lifestyle that puts students first and guarantees remarkable assistance to our faculties. They will blend a capacity for techniques-amount and strategic wondering, mindful notice to element, and sturdy interpersonal abilities in constructing interactions with significant inside and exterior stakeholders. 

 

RESPONSIBILITIES 

 

Organizational Leadership & Strategy 

● As a member of Dazzling Star’s Government Management Staff, provide as a strategic advisor and imagined associate to the Government Director (ED) and other senior leaders, functioning to reach Brilliant Star’s mission. 

● Direct and implement Shiny Star’s small and long-assortment strategic arranging endeavours and keep the multi-calendar year economic product. In partnership with the ED, leadership workforce, and customers of the Shiny Star Universities Board of Directors, established money targets to make sure robust money overall health and economic sustainability. 

 Maintain a close doing the job marriage with customers of the College Assistance Crew (Dazzling Star’s central workplace assist crew) provide guidance to university management and campus staff members, emphasizing a lifestyle of great customer company. 

● In collaboration with the ED, direct finance committee conferences of Dazzling Star Colleges make shows to the board on monthly financials or pending facility initiatives. ● Provide as an ambassador of Brilliant Star internally and externally – connect proactively, knowledgeably and passionately about Brilliant Star’s mission. 

● In collaboration with the ED and technique staff, develop and supply oversight for an progression tactic with person donors, granting associates, etcetera. assist coordinate advocacy attempts for Brilliant Star Faculties. 

 

Economic Management 

● Supply leadership and route on all features of finance, like budgeting, forecasting, long-expression arranging, money preparing, fiscal reporting and investigation, accounting, income circulation setting up, financial commitment management, grants management and risk management. 

● Build and guide the budgeting approach for Vivid Star universities and College Assistance Workforce departments satisfy often with the management group and school leaders to evaluate monetary info and assistance create their company acumen. 

● Maintain and document sound fiscal insurance policies, procedures, programs, and controls and ensure compliance with all relevant point out and federal rules assure clear audits. ● In collaboration with the ED, make certain Bright Star secures the fairness and credit card debt funding required to gasoline its following section of amenities assignments. Function with nearby fiscal establishments, direct financing negotiations, and operate in near collaboration with facilities staff and consultants on the design and style and building of services projects. 

● Oversee the Accounting group and assure fluid communication with finance and accounting functions 

 

Facilities 

● Enable to obtain, finance and task control facility assignments oversee Proposition 39 application method, as essential. 

● Operate with realtors to enable detect short and very long-time period properties that can accommodate faculties in the Brilliant Star Network. 

● Make sure that all services are in compliance with neighborhood, condition, federal, and district guidelines and regulations and guarantee that all renovations to properties are accomplished with fidelity. 

 

Enrollment 

● Oversee and handle Vibrant Star’s outreach and enrollment endeavours. 

● Be certain that just about every Shiny Star university has an enrollment prepare that takes into account historic enrollment trends, facility ability, spending budget demands, and faculty software needs. 

 

Team Leadership 

● Provide as an excellent position product and instantly control a staff of a few direct experiences, like a VP of Finance & Amenities, Controller, and Sr Director of Outreach and Engagement. Oversee employing, on-boarding, management, and analysis of the crew. 

● Build a powerful group culture that incorporates a sturdy customer support orientation into all aspects of the team’s do the job. 

QUALIFICATIONS 

Successful candidates should be a steadfast believer that all college students can realize tutorial excellence, regardless of their track record. In addition, robust candidates will have: 

● About ten yrs of progressive staff management experience taking care of finance and accounting California constitution university finance/accounting history is a plus 

● Solid fiscal management techniques and business acumen demonstrated ability in budgeting, monetary evaluation and money modeling 

● Knowledge with bond and other personal debt financing preferred 

● Prosperous keep track of file of primary and establishing substantial-undertaking groups dedicated to the mission and goals of the corporation, with the skill to foster belief and collaboration among crew members 

● Shown accomplishment producing, taking care of, cultivating, and leveraging solid interpersonal relationships and partnerships throughout all levels of an firm ● Inspirational and empathetic particular person of unquestioned integrity, ethics, and values, treating others with regard, and obtaining a demonstrated history of supporting and driving initiatives to progress diversity, equity, and inclusion. 

● A demonstrated potential to function independently in a rapid-paced surroundings, direct numerous assignments, challenge clear up and meet up with concurrent deadlines 

● Bachelor’s diploma expected, with a strong choice in finance, accounting or relevant discipline sophisticated degree in a related field, MBA and/or CPA strongly favored. 

 

Motivation AND COMPENSATION 

Compensation commensurate with knowledge. Vivid Star provides a helpful and dedicated group of colleagues, and a detailed advantages program together with healthcare, dental, eyesight, lifestyle and disability, in addition supplemental policies, and retirement systems, which includes a 403(b) plan with employer match. Vibrant Star is an Equal Option Employer and does not discriminate on the foundation of race, colour, religion, gender, sexual desire, countrywide or ethnic origin, age, incapacity, pregnancy or veteran standing.

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