Chief Financial Officer (CFO)

Decatur Independent School District

$120K — $150K *
Education, Government & Non-Profit
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Degree in school administration, business, accounting, or related field
  • Advanced knowledge of school finance and budgeting
  • Experience as a CPA or School CFO
  • Administrative or management experience in finance or accounting
  • Ability to interpret data and resolve conflicts

Responsibilities

  • Oversee all financial records and reports according to Texas Education Agency standards
  • Develop and monitor the district's budget and long-term business objectives
  • Advise the superintendent and board on the district's financial condition
  • Manage and protect the district's investment portfolio
  • Ensure timely payment of all financial obligations
  • Implement internal control procedures for safeguarding assets
  • Collaborate with auditors to conduct periodic audits

Benefits

  • Hybrid working environment options available
  • Opportunity to influence district-wide financial practices
  • Engagement with top district officials in decision making
  • Potential for professional development and training for staff
Full Job Description
Responsible for oversight of all financial and business affairs of the district. Provide leadership for the district's financial services activity to ensure legally sound and effective management practices. Direct and monitor the management and investment of all district funds and ensure they are adequately protected. Serve as chief financial advisor and budget advisor to the superintendent and board of trustees.

Qualifications:

Education/Certification:
Degree in school administration, business, accounting, or other related field

Special Knowledge/Skills:
Advanced knowledge of school finance, budgeting, accounting systems, and economics
Knowledge of information/data processing systems and financial applications
Ability to resolve conflict, listen, and appropriately respond to concerns
Demonstrated leadership skills
Ability to manage budget and personnel
Ability to implement policy and procedures
Ability to interpret data
Excellent communication, public relations, and interpersonal skills

Experience:
CPA/School CFO
Administrative or management experience
Experience with supervisory responsibility in the fields of finance or accounting

Master Degree preferred

Bond experience preferred

AP9 Salary based on experience

Hybrid working environment will be considered

Major Responsibilities and Duties:

Financial Management
1. Ensure preparation and integrity of all district general accounting records and related financial reports using accepted standards for school accounting as prescribed by the Texas Education Agency.

2. Develop long-range and short-term objectives for district's business operations and prepare district budget. Monitor budget variances and oversee budget adjustments.

3. Act as financial advisor to the superintendent and board of trustees and keep them informed of the
financial condition of the district.

4. Maintain the district's investment portfolio. Supervise and coordinate the investment of all available funds to the best interest of the school district and ensure that these funds are adequately protected against loss at all times.

5. Ensure that all financial obligations of the school district (accounts payable, notes payable, bonded indebtedness, and payroll) are met on a timely basis.

6. Implement and maintain internal control procedures to ensure the safeguarding of assets and reliability of accounting data and to promote operational efficiency and ensure adherence to prescribed procedures.

7. Oversee the auditing program for all district funds and work cooperatively with the district's independent and internal auditors in conducting periodic audits.

8. Administer the business office budget and ensure that programs are cost effective and funds are managed prudently.

Policies, Reports, and Law
9. Review and recommend appropriate policies, administrative regulations, and administrative practices for the areas supervised.

10. Implement the policies established by federal and state laws, State Board of Education rule, and local Board policy in the areas assigned.

11. Compile, maintain, and file all physical and computerized reports, records, and other documents required including preparing and evaluating monthly financial statements and related budget reports, preparing quarterly and final reports for all federal funds and grants, developing semi-annual financial
information for submission of data to TEA, and preparing and publishing comprehensive annual financial report in compliance with Association of School Business Officer (ASBO) standards.

Personnel Management
12. Select, train, evaluate, and supervise department staff and make recommendations relative to assignment, retention, discipline, and dismissal.
13. Develop training options and improvement plans for department staff to enhance the effectiveness of department operations.

Other
14. Attend board meetings and make presentations when appropriate and/or requested.

Supervisory Responsibilities

Supervise, evaluate, and recommend the hiring and firing of the business manager, risk manager, payroll supervisor, and department secretary.

Mental Demands/Physical Demands/Environmental Factors:

Tools/Equipment Used: Standard office equipment including personal computer and peripherals
Posture: Prolonged sitting; occasional bending/stooping, pushing/pulling, and twisting
Motion: Repetitive hand motions, frequent keyboarding and use of mouse; occasional reaching
Lifting: Occasional light lifting and carrying (less than 15 pounds)
Environment: Frequent districtwide travel; occasional statewide travel
Mental Demands: Work with frequent interruptions; maintain emotional control under stress

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