Loie Watkins, owner of Optimal CFO, was the featured guest on Influencers Radio with Jack Mize.
On a recent episode of Influencers Radio with Jack Mize, Loie Watkins, owner of Optimal CFO, discussed how she helps private schools balance the books and stay on top of their unique financial concerns.
There are so many private schools that are EXCELLENT at what they do when it comes to serving their students and community. However, the particular financial concerns of many of these organizations, such as financial aid, tuition, and the preparation and management of school budgets, are often overlooked with the traditional basic accounting model. Without a thorough analysis of the school’s unique finances, quality institutions can face devastating financial surprises.
That’s why many private school leaders look to Loie Watkins to set up and manage their accounting systems, allowing them to focus on all other areas of responsibility in their leadership roles.
As a Financial Manager and Virtual Accountant, Loie works with private schools to initially set up their online accounting platform or customize the system they may already have in place for their specific financial needs. With remote access to accounting records, Loie is able to manage the books as well as analyze and produce financial reports. She reviews reports at least once a month with school management, allowing her to share strategies and provide advice and recommendations based on the private school’s unique goals and mission.
During the interview, Loie shares what fueled her passion for specializing and working with private schools, saying, “I’ve found over the course of my journey that I’m more passionate about working with organizations in nonprofit. I really feel like I can contribute and support a cause. And in this case, the cause being education. And education means so much in so many ways. When you think about a child’s future being developed and trained, it’s so inspiring to see how they are given the ability to be who they want to be or aspire to be as far as a career path goes Education is the foundation of this And so, throughout my journey, working with nonprofits, and then more specifically, as a former CFO at a private school, it’s really helped me connect with my passion at private school service.
Listening to this episode, it’s easy to hear how passionate Loie is about applying her 21 years of accounting and finance expertise to help private schools manage their accounting and finance operations so that they prosper, prosper and fully fulfill their missions.
To listen to the full episode, go to https://influencersradio.com/loie-watkins
To learn more about Loie Watkins and Optimal CFO, visit https://www.TheOptimalCFO.com
Video link: https://www.youtube.com/embed/k7x054xo3N4