Chief Finance OfficerTERM OF EMPLOYMENT: Exempt Position; 12 month position.
SALARY: Scale 24-25
REPORTS TO: Superintendent
FUNCTION OF JOB: The responsibility to provide sound fiscal management in the operation of all financial matters, including the development and management of the school budget, the borrowing and investment of money, and the management of receipts and payments.
The Finance Director provides assistance and support to the Superintendent and Board to assure the effective and efficient operation of the district. The Finance Director maintains a positive attitude and style in dealing with others in a manner that contributes to the overall public relations of the district.
QUALIFICATIONS : - Bachelor's degree in accounting, finance, business administration, public administration, or related field from an accredited institution or equivalent combination of education and experience.
- Minimum five (5) years of progressively responsible experience in financial management, accounting, or business administration.
- Understanding of how North Carolina school districts operate, state and federal statutes, policies and regulations impacting financial operations.
- Demonstrated knowledge of governmental accounting principles (GAAP/GASB).
- Experience managing budgets of $100+ million.
- Experience presenting financial information to governing boards or elected officials.
- Must meet requirements for certification as a School Business Administrator according to policy of the State Board of Education.
- Must qualify for a performance bond.
- Possess strong communication skills, and be able to explain financial procedures to non-financially-minded individuals.
- Be a team player who fosters a spirit of professionalism and collaboration within the district and with local community partners.
- Attendance at all Board of Education meetings.
PREFERRED QUALIFICATIONS: - CPA, SFO (ASBO), or Certified Government Finance Officer (GFOA) certification.
- Master's degree (MBA, MPA, or MAcc).
- Prior experience as a finance officer, CFO, or comptroller in a K-12 school district or public-sector organization.
- Deep understanding of how North Carolina school districts operate, state and federal statutes, policies and regulations impacting financial operations Experience with North Carolina school finance regulations, NCDPI reporting requirements, and the NC Local Government Commission.
JOB DESCRIPTION AND RESPONSIBILITIES: - Create, propose, and direct the district's approved financial operations.
- Prepare the annual school budget; and conduct an annual budget hearing to inform the public of the proposed budget.
- Monitor all monies coming into the district and thoroughly document audit trails and accountability.
- File all necessary reports, claims, and forms to secure all money due to the district.
- Work with contracted auditors to complete year-end audit.
- Assist the Principals with the development of their individual building budgets.
- Direct the budgetary process in purchasing and supply management.
- Manage the district's budget and contribute to financial decisions throughout the year.
- Provide leadership in developing and maintaining optimum fiscal programs, operations, and food services.
- Borrow money on a long-term basis for any capital improvement or new buildings working with the district's financial advisor.
- Borrow money on a short-term basis as needed to keep the district running financially until state aids and tax levy monies are received.
- Invest money according to Board policy.
- Develop and present the annual operating budget to the superintendent and Board of Education.
- Prepare financial statements, reports, and analyses for the board, superintendent, NCDPI, and the local Government Commission.
- Issues pre-audit certificates required under N.C.G.S. a7115C-441.
- Meet bi-weekly with the superintendent to review fiscal operations
- Monitor the Student Activity Fund.
- Provide leadership in projecting and financial planning for future years.
- Provide annual finance/budget training to the Board of Education members.
- Train school based administrators and directors on fiscal management.
- Conduct a finance committee meeting to present information on district expenditures and receipts prior at board meetings as requested.
- Supervise the operation of the food service program.
- Keep records of insurable values; coverage's to be provided, insurance procurement procedures, and reporting.
- Actively participate, as requested by the Superintendent and/or Board in contract negotiations with employee groups.
- Ensure absolute confidentiality of information, files, and records.
- Supervise staff in the finance department.
- Serve as a member of the district leadership team.
- Follow all JCPS Board Policies, State, and Federal laws.
- Perform other duties as assigned by the Superintendent.
BENEFITS: Benefits Available
APPLICATION DEADLINE: Applications will be accepted until position is filled.
