Chief Finance Officer (CFO)

Warren County Schools•Warrenton, NC
•Onsite

About The Position

The Chief Finance Officer (CFO) is responsible for the receipt and expenditure of school system funds, assisting the superintendent in budget preparation and implementation, and providing leadership in program planning and evaluation. This role involves managing budgets, coordinating with other departments, maintaining records, assisting with personnel selection and supervision, and serving as a liaison between the school system and external agencies. The CFO also handles financial reporting, bank reconciliations, internal auditing, and insurance records, while supervising the business department's daily operations.

Requirements

  • Baccalaureate degree from an accredited four-year college or university with a concentration in accounting, finance or business administration.
  • Three years of professional experience in business related field.
  • Supervisory experience.
  • Quality for certification as a School Business Administrator according to policy of the North Carolina State Board of Education.
  • Qualify for a performance bond.

Nice To Haves

  • Master’s Degree in accounting, business administration, or finance with a CPA (Certified Public Accountant).
  • School finance experience or experience in a government setting preferred.

Responsibilities

  • Assumes responsibility for the receipt and expenditure of school systems funds.
  • Assist the superintendent in preparing and implementing the school budget.
  • Provide effective leadership in developing comprehensive program plans and implementing and evaluating the planned programs.
  • Assist/prepares budgets, coordinates with other departments or agencies to assure maximum services, maintains/records/reports/inventories in accordance with local/statefederal policies.
  • Assist in selection and placement of personnel, delegates and supervises staff responsibilities and assists in evaluating staff.
  • Share information about programs with various publics, serves as a liaison between the school system and other agencies and assist in the development of in-service staff development.
  • Provides monthly accounting for all income and expenditures.
  • Prepares and analyzes all financial statements.
  • Attends Board and Committee meetings and prepares such reports for the Board as the Superintendent directs.
  • Collaborates with and maintains liaison with key stakeholders (businesses, colleges, professional, civic, volunteer and other community agencies and groups) having an interest in all schools.
  • Reconciles all bank accounts maintained by the board.
  • Maintains a continuous internal auditing program for all funds.
  • Prepares reports to the proper staff officials concerning the status of their budgetary accounts to guard against the overspending of any budgeted account.
  • Maintain general, revenue, and appropriations ledgers on an encumbrance basis.
  • Approves all vouchers authorizing the expenditures of monies.
  • Submit claims for refunds on sales and fuel taxes.
  • Recommends new accounting methods as desirable and necessary.
  • Assumes responsibility for insurance records and insurance accounting.
  • Supervise day-to-day operation of the business department.
  • Coordinates and processes transfers of budgeted funds as requested by program directors.
  • Assist the superintendent in the projection of revenue and expenditures, preparation of prospectus for bond sales, management of short-term investment portfolio, and the like.
  • Develop personal and professional growth by participating in professional associations, attending educational conferences, and reading selected professional publications.
  • Demonstrates a high level of independent, ethical, and professional conduct.
  • Accept responsibility for satisfactory and timely completion of assignments.
  • Perform other duties as assigned.
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