Chief Financial Officer

Address

406 SW School St.

Essential Job Functions

Key Responsibilities:



Financial Planning and Budgeting:
Develop and manage the district’s budget, ensuring alignment with strategic goals and educational priorities.
Forecast financial trends and provide recommendations to the Superintendent and School Board.
Design, establish, and maintain fund accounting systems for all funds and schools with adequate internal controls to properly record financial transactions in accordance with Generally Accepted Accounting Principles (GAAP).
Prepare and present financial reports, including budgets, forecasts, and financial analyses.
Accounting and Financial Reporting:
Oversee business services, including budget development, line item budget construction, general ledger, accounts payables and receivables, payroll, travel, grants management, construction accounting, workers compensation and unemployment costs, risk management and, fixed assets.
Ensure timely and accurate financial reporting in compliance with federal, state, and local regulations.
Manage annual audits and work with external auditors to ensure compliance and transparency.
Supervise the annual audit and maintain appropriate relationships with external auditors.
Investment and Cash Management:
Develop and implement investment strategies to maximize returns on district funds.
Manage cash flow and liquidity to ensure sufficient funds for operational needs.
Oversee financial risk management and insurance programs.
Compliance and Governance:
Perform duties and responsibilities associated with the Treasurer to the Board of Education as defined by Iowa law.
Effectively collaborate and assist with the creation and evaluation of bid procedures and contract management.
Effectively collaborate and coordinate with appropriate district personnel in developing and monitoring short and long range facility plans, including the responsibility of site/land acquisition and collecting, analyzing, and evaluating requested data.
Ensure adherence to financial policies, procedures, and regulations.
Stay current with changes in financial regulations and reporting requirements.
Provide guidance on financial implications of policy decisions and strategic initiatives.
Strategic Planning:
Collaborate with district leadership to develop long-term financial strategies and goals.
Analyze financial data to support decision-making and strategic planning.
Identify opportunities for cost savings and financial efficiency.
Team Leadership and Development:
Lead and mentor the finance team, fostering a culture of professional development and accountability.
Oversee recruitment, training, and performance management of finance staff.
Promote effective communication and collaboration within the finance department and across the district.
Community and Stakeholder Engagement:
Communicate financial information and updates to the School Board, parents, and community stakeholders.
Prepare presentations and reports for Board meetings and public forums.
Build and maintain positive relationships with financial institutions, vendors, and other external partners.

Education

Education: Bachelor’s degree in Finance, Accounting, Business Administration, or related field. Master’s degree or professional certification (e.g., CPA, CFA) preferred.
State of Iowa SBO certification or willingness to obtain within two years of hire

Experience

Experience: Minimum of 7-10 years of experience in financial management, with at least 3-5 years in a senior leadership role. Experience in the public sector or educational finance is preferred.

Travel Required

Resume Required

Yes

Contact Person

Dr. Erick Pruitt