Chief Financial Officer

Oklahoma State School Boards Association - Mustang, OK

Full-time - Executive

Mustang, OK

Religious, Grantmaking, Civic, Professional, and Similar Organizations

About the position

The Chief Financial Officer (CFO) at Mustang Public Schools is responsible for overseeing the financial operations of the school district, ensuring compliance with state and federal regulations, and managing the business department personnel. The CFO plays a critical role in budget preparation, financial reporting, and communication with various stakeholders, including the Board of Education and the community.

Responsibilities

• Oversees and supervises the functions of payroll, accounts payable, activity fund, treasurer, assistant treasurer, bank couriers, and Child Nutrition Department.
• Supervises and evaluates all business department personnel and the Director of Child Nutrition.
• Reviews the FR3 for accuracy prior to submission to the State Department of Education.
• Compiles and publishes the year-end receipts and expenditures by July 31 of each year.
• Works with the Independent Auditor in preparing the budget for the current year.
• Prepares the annual budget and presents it to the Board of Education.
• Prepares monthly board reports of current and projected revenue and expenditures for all appropriated funds.
• Supervises and verifies coding of all expenditures for school district purchases for all funds including activity in accordance with the Oklahoma Cost Accounting System.
• Coordinates with other administrators in determining cost projections and payroll projections for negotiating purposes.
• Reviews all federal claims and works with the Director of Federal Programs on expenditures processed for the current plan year.
• Communicates with the staff, Board of Education, patrons, and community as requested.
• Works with the staff and the Financial Advisor for bond projections and sinking fund mills.
• Coordinates with all department heads in matters of budgets, requisitions, employee payments, federal programs, and state reports as required.
• Reviews and coordinates any law changes that affect finances on an as-needed basis.
• Serves on committees as assigned when involving financial information.
• Attends board meetings and prepares reports upon request.
• Maintains confidentiality.
• Abides by all district, state, and federal laws, policies, and procedures.
• Performs other duties as assigned by the Superintendent of Schools.

Requirements

• Degree in Business, Accounting, Finance, or relevant public school experience required.
• Working knowledge of and experience in school finance is required.
• Master's Degree preferred.

Benefits

• Compensation based on Board approved administrative salary schedule and the employee work calendar.