Chief Financial Officer

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JOB STATUS: OPEN

POSITION TITLE: Chief Financial Officer

POSTING NUMBER: 001-20211111-CL-A

LOCATION: District Services Center

POSTING DATE: 11/11/2021

CLOSING DATE: 01/07/2022

ADDITIONAL INFORMATION:

Exempt, 244 Days 

District employees will need to complete the online transfer application.

Note : Substitutes and student teachers are not eligible for the transfer application.

Application Video: Classified
– for outside applicants
Application Video: Transfer
– current employees

Please be advised that accepting full-time employment may affect any subsidy for health insurance purchased through the Idaho Health Insurance Exchange.

DAYS: 244

SALARY:

Schedule 35
– $130,000 annual

START DATE: February 2022

JOB QUALIFICATIONS:

Acceptable Experience and Training:

• Masters degree preferred, or equivalent with a combination of education and experience in business, financial management, accounting, or related field, public school finance experience preferred
• Certified Public Accountant (CPA) designation preferred
• Experience working with Collective Bargaining Agreements
• Minimum of ten (10) years of financial management and leadership experience.

Knowledge of:

• Accounting, payroll, purchasing, budget, and audit practices.
• Federal and State of Idaho school finance laws.
• Familiar with State of Idaho purchasing and bidding laws
• Financial risk management practices.
• Data analysis and forecasting methods.
• Strong analytical and problem-solving skills.
• Excellent oral, written, presentation, and interpersonal communication skills.

Ability to:

• Demonstrate commitment to equity and strengthening engagement of a diverse community and skill in communicating with a diverse population.
• Understand “client-centered” support and services.
• Organize work, set priorities, and meet deadlines.
• Establish effective working relationships at all levels of the organization, partner agencies, and vendors.
• Exercise good judgment and work in an environment with frequent interruptions and deadlines.
• Maintain high ethical standards in all situations and maintain confidentiality.
• Professionally represents the District in interactions with staff, students, parents, and the community.
• Model and enforce the established District and school policies, regulations, and protocols.
• Maintain regular and punctual attendance.
• Follow District protocol for reporting absences.
• Fulfill other related duties as assigned.
• Assist District and building staff as requested.

DUTIES AND RESPONSIBILITIES:

The Chief Financial Officer (CFO) manages the short and long-term fiscal operation of the District.

The CFO provides leadership, strategic vision, and analysis of the District’s finances.

The CFO is responsible for results in terms of effectiveness in planning, policies, and programs, and for the achievement of District goals and objectives.

The CFO’s work is guided by and must comply with federal and state law, accounting principles, state auditor requirements, operational direction of the Superintendent, the policy direction of the School Board, and in compliance with state and local regulatory agencies.

Essential Duties and Responsibilities

• Oversees and provides leadership to all business services functions, including accounting, payroll, purchasing, budget, and audit.
• Leads and directs the budget process; coordinates, plans, and oversees the development of the District budget; monitors budget expenditures to ensure compliance and positive financial status.
• Provide oversight of Federal Program budgets by working with Federal Program Managers on the budgeting, accounting, reporting, financial operations, auditing, compliance, appropriations laws, and internal controls.
• Advises the superintendency and School Board on a variety of business and financial matters.
• Manages and maintains general ledgers for all District funds.
• Oversees grant accounting records including expenditure reporting and auditing of expenditures to submitted budgets.
• Provides leadership in long-range financial planning to include the development of local tax initiatives and strategies.
• Manages bonds to assure the District maximizes its financial resources in marketing, retiring, and refinancing bond obligations.
• Manages all debt, including reporting all continuing disclosures.
• Stays abreast of research on the changing nature of the profession, the field of public financial management, and changing national, regional, and local trends that may impact program areas.
• Uses forecasting tools and strategies to forecast resource requirements and to predict future needs.
• Anticipates and develops strategies and programs that respond effectively to anticipated needs and the changing educational environment.
• Maintains an active role in professional organizations at the local and state levels.
• Performs a variety of revenue forecasts and cash flow analysis; prepares revenue and expenditure projections; invests funds for safety of principal, liquidity, and for maximum return.
• Leads and participates in the preparation of annual financial statements, annual budgets, month-end financial reports, and a variety of state-required reports.
• Compiles data and does research and analysis on specific areas of finance, and presents reports to Administration and the School Board.
• Reviews and develops internal control procedures and monitors compliance; serves as a liaison with local and state auditors.
• Prepares and presents audit, budget, financial, and other relevant reports to the School Board.
• Oversees all purchasing and bidding activities.

  Ensures compliance with all State purchasing laws.

• Encourages innovation.

  Analyzes data to improve school operations.

  Serves as an information resource.

• Assists in recruiting, screening, hiring, assigning, supervising, and evaluating personnel for positions in the offices under their responsibility.

  Assesses, evaluates, and provides for training and professional development of supervised staff.

• Assists and educates administrators and supervisors in managing department and school budgets.
• Provides advice on a wide range of financial matters.

  Serves as a member of the Superintendent’s leadership team.

• Attends all School Board meetings; prepares and presents reports/responses related to the financial status of the District and other matters under their responsibility.
• Maintains professional and technical knowledge by participating in professional development opportunities.
• Oversees and participates in the preparation of staffing analysis and reports.

  Takes action, in concert with District leadership, to determine allocation and redirection of FTE and to level class sizes.

• Maintains and approves expenditures from all building, department, and program budgets

Full Job Description

A completed online application with the chosen job must be submitted by 5:00 p.m.

on the closing date shown.

Selected applicants will be contacted for interviews.

Upon hire, applicants are required to clear a criminal justice fingerprint and background check.

Employment for this position is “at will”.

Employment at Will means that the employee or the District may terminate the employment relationship with or without cause (which shall be defined as any reason which is not “arbitrary and capricious”, and which does not violate public policy) and with or without notice, at any time.

As per Idaho Code 65-5-1/65-503: “Eligible veterans are provided advantages in public employment in Idaho…”

Positions may or may not be filled, depending upon district need.

Benefits Information :

Benefits
– Medical, Dental, Vision, Life Insurance and Public Employees’ Retirement System are provided to Classified employees who work at least half time (20 hours per week) or more in a regular position and to Certified employees with a .50 FTE or greater contract.

HOURS:

The Boise Independent School District provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, national origin, gender religion, age, disability, political beliefs, sexual orientation, or marital or family status, in accordance with applicable federal, state laws.