Durham Public Schools - Durham, NC

posted about 2 months ago

Full-time - Executive
Durham, NC
Educational Services

About the position

The Chief Finance Officer (CFO) at Durham Public Schools is a pivotal role responsible for overseeing the financial operations and strategic financial planning of the district. The CFO will work closely with the Superintendent and the Board of Education to ensure that the financial resources of the district are managed effectively and efficiently. This position requires a deep understanding of financial management, budgeting, and compliance with state and federal regulations governing public education finance. The CFO will lead the financial services team, providing guidance and support to ensure that all financial activities align with the district's goals and objectives. In this role, the CFO will be responsible for developing and implementing financial policies and procedures that promote fiscal responsibility and transparency. The CFO will also be tasked with preparing and presenting financial reports to the Board of Education, ensuring that all stakeholders are informed about the district's financial status. This includes managing the district's budget, forecasting future financial needs, and identifying potential funding sources to support educational programs and initiatives. The CFO will also play a key role in strategic planning, working with other district leaders to align financial resources with educational priorities. This includes analyzing financial data to inform decision-making and providing recommendations for resource allocation. The CFO will be expected to foster a culture of accountability and continuous improvement within the financial services team, ensuring that all staff are equipped with the necessary skills and knowledge to perform their roles effectively.

Responsibilities

  • Oversee the financial operations of Durham Public Schools.
  • Develop and implement financial policies and procedures.
  • Prepare and present financial reports to the Board of Education.
  • Manage the district's budget and financial forecasting.
  • Identify potential funding sources to support educational programs.
  • Collaborate with the Superintendent and other district leaders on strategic planning.
  • Foster a culture of accountability within the financial services team.

Requirements

  • Bachelor's degree in finance, accounting, or a related field; Master's degree preferred.
  • Significant experience in financial management, preferably in a public education setting.
  • Strong knowledge of budgeting, financial reporting, and compliance regulations.
  • Proven leadership skills and experience managing a financial services team.
  • Excellent communication and presentation skills.

Nice-to-haves

  • Experience with grant management and funding sources for public education.
  • Familiarity with state and federal education finance regulations.
  • Certification as a CPA or similar professional designation.

Benefits

  • Health insurance coverage
  • Retirement savings plan
  • Paid holidays and vacation time
  • Professional development opportunities
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