Chief Financial Officer

Title:
CFO/Business Manager
Qualifications:
1. Must either hold or be eligible to acquire a license as a School Business Administrator in accordance with State Board Policy Chapter 71, rule 71.2
2. Master's Degree in accounting or business administration preferred
3. Five years successful accounting experience with multi-million dollar accounts 4. Proficient in the use of computer technology for accounting and other budget administration tasks
5. Extensive knowledge of the principles, methods, techniques, practices, and mandated accounting system of budget administration and budget planning operations for Mississippi school districts
6. Understand and be able to articulate the basic principles of fund/governmental accounting
7. Ability to plan, assign, and direct a staff
8. Ability to communicate effectively with supervisors, the school board, department heads, city officials, and other school employees and lay persons both verbal and written
Reports to:
Superintendent or designee
Job Goal:
To support and enhance the educational mission of the school district through careful planning, sound fiscal management and effective budget administration (following proper procedures, meeting deadlines, leaving clear audit, balancing accounts, etc.)
Typical Duties and Responsibilities
Such duties and responsibilities as may be assigned, including but not limited to:
1. Serves as a resource for and participates in the development of annual and long-range educational plans for the school district
2. Plans and causes to be developed software programs to support accounting and other departmental procedures
3. Assists the Superintendent to develop the annual operational budget; prepares the annual budget as required by law meeting all mandated deadlines. Monitors and amends budget throughout the fiscal year
4. Collects and makes available tax and other fiscal data needed for district planning purposes
5. Calculates and prepares in accordance with all statutory guidance the annual Ad Valorem tax request for funds
6. Ensures that all funds are received and deposited in an approved depository 7. Maintains various required accounts to comprehend and to account for all funds
8. Implements and maintains the state required Chart of Accounts for school districts
9. Maintain the general ledger of the district in a timely and accurate manner
10. Prepares and submits for board approval each month all financial reports as required by state statute
11. Prepares and submits to the State Department of Education budget reports and budget information as required and all other required reports in advance of deadlines
12. Invests surplus or currently unused funds in accordance with Mississippi law; maintains current knowledge of cash flow
13. Serve as district purchasing agent, manage district purchasing in accordance with all applicable statutes and with board policy
14. Efficiently implements computer software programs to accomplish numerous financial management and accounting tasks
15. After Board authorization, releases payment of funds in accordance with policy
16. Maintains complex financial records and makes periodic and special financial reports in addition to monthly required financial reports
17. Ensures compliance with various local, state, and federal requirements
18. Supervises retirement program records, reporting, and services
19. Supervises employee insurance programs, records, and services
20. Supervises payroll operations and employee check disbursal
21. Supervises account reconciliation and other control procedures
22. Must be able to implement and monitor a strong internal control system
23. Supervises employee leave accounts and check stub reports for employee checks
24. Supervises classified personnel employed to perform various functions within the department
25. Ensures that staff members are kept current, through appropriate in-service, with the state of the art technology for their operations
26. Provides financial and budgetary data to principals and department heads in a timely manner as a means for developing and maintaining an effective educational program
27. Participates in or initiates the formation of financial and budgetary policies intended to strengthen and improve program performances
28. Provides information to supervisors for decision making regarding employee fringe benefit programs
29. Advises supervisors regarding legal complications involving financial transactions
30. Attends school board and local community meetings as well as school district, regional, and state professional meetings
31. Makes formal and informal reports and presentations to appropriate audiences
32. Adjusts departmental processes and/or functions based on data derived from evaluation
33. Utilizes appropriate instruments and processes to evaluate the performance of assigned personnel
34. Manages and advises the Superintendent on all school district debt issue and payment
35. Manages and supervises the accounting for district Fixed Assets
36. Contracts with auditors and is responsible for making sure that an annual financial audit is performed and that all recommendations and/or adjustments/corrective actions are appropriately answered and implemented
37. Manages monthly request for funds from federal grants and other reimbursable programs
38. Works with federal programs monitoring visits to supply needed information 39. Demonstrates prompt and regular attendance
40. Supports the Laurel School District Mission, Vision, and Strategic Plan
41. Performs other duties as assigned
Evaluation:
Performance of this job will be evaluated annually in accordance with provisions of the Board's policy on Evaluation of Professional Personnel.
Scope of Work:
To support the Mission and Beliefs of the District when carrying out duties and responsibilities as assigned.
Payscale:
Pay and work year will be established by the Board of Trustees
FLSA:
Yes / No