Billings Public Schools - Billings, MT
posted about 2 months ago
The Chief Financial Officer (CFO) at Lincoln Center provides strategic leadership in financial and budgetary matters, advising the Superintendent and School Board while overseeing all business and finance functions. This includes managing food service, transportation, insurance, risk management, budgeting, and grants management. The CFO is responsible for directing and supervising an operating budget of approximately $200,000,000 and ensuring that all accounting operations for Billings Public Schools are conducted effectively, supporting program implementation and accurate audits. The role requires close collaboration with district leadership to integrate key functions and drive improvements in educational outcomes. In this position, the CFO will establish, plan, and monitor both the Business Services budget and the overall District budget. They will manage liability insurance, oversee the District's transportation and food service departments, and ensure compliance with GAAP standards across all accounts and reporting systems. The CFO will maintain internal controls and safeguards for revenue, costs, and program budgets, while also ensuring accurate and timely preparation of accounts payable and receivable. Additionally, the CFO will collaborate with IT staff to modernize financial systems and improve performance, present financial reports to senior leadership, and manage cash flow forecasting and budgeting processes. The CFO will also be responsible for monitoring the performance of invested assets, ensuring compliance with GASB requirements, coordinating annual audits, and developing financial reports to support long-range planning. They will assist the Board of Trustees in formulating policies and developing accounting procedures, conduct performance reviews, supervise staff training, and implement changes to increase efficiency in financial and accounting procedures. The role requires strong leadership in labor relations and financial management, working closely with unions and human resources to align budgetary considerations with negotiated contracts and strategic goals.