Chief Financial Officer (CFO)

$110,003 - $126,041/Yr

Unclassified - Kuna, ID

Full-time - Senior

Kuna, ID

About the position

The Chief Financial Officer (CFO) of the Kuna Joint School District No. 3 is a pivotal role responsible for managing the short and long-term fiscal operations of the District. This position requires a strategic leader who can provide vision and analysis of the District's finances, ensuring that all financial activities align with the goals and objectives set forth by the District. The CFO must navigate the complexities of federal and state laws, accounting principles, and the operational directives of the Superintendent, while also adhering to the policy direction of the School Board and compliance with state and local regulatory agencies. In this role, the CFO will oversee all business services functions, including accounting, payroll, purchasing, budgeting, and auditing. The CFO will lead the budget process, coordinating the development of the District budget and monitoring expenditures to ensure compliance and a positive financial status. Additionally, the CFO will provide oversight of Federal Program budgets, working closely with Federal Program Managers to ensure proper budgeting, accounting, reporting, and compliance with appropriations laws. The CFO will also advise the Superintendent and School Board on various business and financial matters, manage general ledgers for all District funds, and oversee grant accounting records. Long-range financial planning is a critical aspect of this role, including the development of local tax initiatives and strategies to maximize financial resources. The CFO will be responsible for managing all debt, including reporting on continuing disclosures, and will stay informed on trends in public financial management that may impact the District. The position requires strong analytical skills, the ability to forecast resource requirements, and the capacity to develop strategies that respond to the changing educational environment. The CFO will also maintain an active role in professional organizations and participate in the preparation of annual financial statements, budgets, and state-required reports. This role demands a commitment to equity and engagement with a diverse community, as well as the ability to establish effective working relationships across the organization.

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.
• Provides oversight of Federal Program budgets by working with Federal Program Managers on 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 the 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.
• Provides oversight for all Associated Student Body Funds at schools.
• Establishes a system for periodic review of policies to determine when modifications are necessary to advance the goals of the department and to serve the overall needs of employees, managers, and the organization.
• Analyzes and reviews school funding legislation and advises the superintendent and cabinet on potential impacts to the District. May be requested to testify to legislative committees on proposed legislation.
• Participates in the collective bargaining process to include identifying and researching bargaining issues related to the collective bargaining agreements.
• Assists in developing bargaining strategies and participates in the negotiations process by providing financial information to the Joint Negotiations Team.
• Formulates, follows, and supports the Kuna School District policies and procedures.
• Approves position structures and operating practices essential to the development and delivery of quality programs and services.
• Creates communication, collaboration, and coordination processes that assure all staff are timely and effectively informed of department policies, issues, and guidance that their programs are expected to support.
• Establishes an environment in which all staff members are comfortable and forthcoming in sharing their ideas, needs, and concerns, and in which the staff collaboratively works together to seek solutions and resolutions.

Requirements

• 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.

Nice-to-haves

• Experience in public school finance is preferred.
• Familiarity with state and federal financial regulations and compliance requirements.

Benefits

• Medical
• Dental
• Vision
• Life Insurance
• Employee Assistance Program
• Public Employees Retirement System