Chief Financial Officer

  •  

Baltimore, MD

Industry: Education

  •  

11 - 15 years

Posted 29 days ago

About City Schools

Every day, students walk through the doors of Baltimore's schools filled with talent, dreams, and enormouspotential. Our responsibility is to provide the world-class education that will empower them to hone their gifts and develop the skills they need to pursue the future that calls them. Baltimore City Public Schools New Blueprint lays out how we will move toward our goal of building a generation of young people with the skills, knowledge, and understanding to succeed in college, careers, and community — not just here in Baltimore, but in any city in the world. Our comprehensive approach was designed to ensure that all students have access to high-performing schools that meet their needs and interests, no matter where they live in the city. We will turn a deep focus to work in three key areas: Student wholeness, Literacy and Staff leadership.

About Chief Financial Officer Role

The Chief Financial Officer has broad responsibility to serve on the CEO's cabinet and spearhead City Schools'financial strategy to support effective budget planning, maximize available funds, and ensure equitable distribution of resources to support student success. The CFO is a strategic thought partner and advisor to district and school leaders, and is responsible for the administration and oversight of all financial activities including budget, accounting, payroll, grants administration, third party billing, and treasury. The CFO alsooversees the district's Food & Nutrition Services program, through which 100% of City Schools' studentsreceive free meals. The CFO sets goals and objectives that directs the management of fiscal resources in an excess of $1.3 billion.

Essential Responsibilities and Functions:

Strategic Financial Management Leadership

o Reports to the CEO and develops and leads the implementation of all financial activities including budget, accounting, payroll, grants administration, third party billing and treasury for City Schools.o Manages the performance and effectiveness of the Office of Finance, including the successful implementation of financial/budget goals, support to schools and employees, and the creation and monitoring of City Schools' budget, ensuring that resources are strategically aligned to the vision and goals of the CEO.

o Works closely with departments as a strategic thought partner, providing helpful data and processes to support effective financial and budgeting decisions that support positive student outcomes.

o Provides appropriate supervision, mentoring, and development opportunities to assigned staff, including staff performance reviews and professional growth plans to keep staff updated on current financial practices.

Financial Roles and Responsibilities

o Ensures efficient and effective leadership o fthe district's key fiscal and budget strategy and operations functions, including:

Budget Activities

  • Provides oversight of the district budgeting processes and procedures and ensuring training of
  • principals and other managers in implementing and monitoring their annual budget
  • expenditures .
  • Ensures district budget is translated into a business accounting system, and ensures the preparation of monthly financialreports to the Board of Directors.
  • Ensures annual internal auditing processes and procedures exist and reports of accounting processes to Board of Directors.

Accounting and Payroll

• Oversees payrollprocesses and procedures in compliance with state and federal laws ensuring the timely and accurate process of payment to all City Schools' staff members.

Purchasing and Billing

  • Oversees, recommends and enforces policies and procedures for purchasing adhering to state
  • purchasing regulation.
  • Supervises processes and procedures for billing third party vendors and bidding in collaboration
  • with COO leadership
  • Ensures the effective administration, accounting, and reporting of grant activities to ensure
  • compliance of funding allocations.

Compliance

  • Oversees all activities in compliance with equal employment and nondiscrimination policies;
  • follows federal laws, state laws, school board's policies and the professional standards.
  • Ensures financial compliance with state and federal laws and regulations and ensures
  • consistent internal auditing of all process and procedures to remain in compliance with state
  • and federal laws.
  • Responsible for ensuring district assessment, levy and tax collection procedures are followed as
  • required by law; ensures reports outlining deposits or collection of taxes.

Minimum Qualifications

  • Bachelor's degree in finance or related area. (Master's degreepreferred). Degree must be from anaccredited college or institution.
  • Ten years (10+) related work experience in financial management preferably in a large public section educational environment, demonstrating expertise in several of the following areas: accounting, budget, procurement, payroll, grants administration, and financial compliance.
  • Experience in implementing a new financial management information system for an organization of significant size.
  • Experience overseeing supervisory/administrative/leadership experience in a large organization preferred.
  • Proficient in the use of technical computer applications, including Microsoft Office.

Salary

$170K - $180K