St. Stephen's School Courtyard


at St. Stephen's

One of Europe’s premier international schools, St. Stephen’s offers a challenging academic program with outstanding individual support in a small, supportive community.

The school was founded in 1964. Current enrollment is 300 students with 57 nationalities represented in the student body. There are more than 50 faculty with an average tenure of 10 years. The school operates a generous professional development budget, including a sabbatical and several teaching awards, to ensure all teachers are continuously developing their craft and model lifelong learning. In addition, there are over 20 administrative staff members.

St. Stephen’s School is committed to rigorous child protection procedures and protocols and fully complies with Italian and US law as well as the Council of International School recommendations.

All new hires undergo a comprehensive vetting process, including criminal background checks from countries lived and worked in as well as calls to former employers.

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Position Statement for Head of School


Rome, Italy - July 1, 2022


Job Vacancies

CFO/Business Manager

Job Description

The Business Manager is responsible for all financial, contractual, regulatory, insurance, and human resource (remuneration aspects) operations at the school. The position reports to the Head of School, and has regular interaction with the Board of Trustees.

The position will begin July 1, 2022.

Specific responsibilities:

  • Provides supervision and management of the accounting and finance functions
  • Directs accounting and fiscal policies, procedures and internal controls
  • Develops a comprehensive school budget and performs periodic budget analyses/forecasts
  • Prepares reports for senior management and Trustees
  • Collects, researches, tracks and analyzes relevant business data
  • Manages and oversees the relationship with independent auditors in Italy and in the U.S.A.
  • Maintains relationships with parents (our Customers)
  • Negotiates and maintains relationships with new and existing Vendors/Suppliers (including legal, fiscal and employment/payroll advisers and consultants)
  • Engages in bad debt collection when necessary
  • Approves all payments through online banking systems; management of cash flows
  • Manages relationship with Italian and US banks
  • Supervises the US endowment bookkeeping
  • Supervises donations accounting and annual reconciliations
  • Establishes and maintains relationship with contractors of the school and management of the contracts
  • Manages human resources and their administration together with the Head of School; including liaison with staff regarding pay & benefits and related matters
  • Ensures adherence to and compliance with legal rules and guidelines as well as school policy
  • Identifies business risks and insurance requirements; devises risk minimisation and mitigation strategies
  • Provides feedback and counsel to improve efficiency and effectiveness of business operations

Required Skills

  • Fluency in Italian and English
  • Mastery of Excel database software
  • Knowledge of and experience with US and Italian accounting and fiscal procedures
  • Clear communication skills, both written and spoken
  • Experience supervising multiple direct reports
  • Experience collaborating with teams and leading teams
  • Clear history of achieving organizational goals 
  • Flexibility, adaptability, and crisis management skills
  • Familiarity and experience with Italian and US GAAP as well as account consolidation (US parent and Italian ente morale)
  • Familiarity and experience with Italian fiscal and labor law/rules/regulations

To apply:

Please send a cover letter detailing your qualifications for this specific position, as well as a current CV.  Send documents electronically, with your name in the subject line, to The application period will close November 30, 2021.  We will conduct interviews on a rolling basis.

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