Chief Financial Officer

$82,000 - $107,000/Yr

Taft Isd - Taft, TX

Full-time - Executive

Taft, TX

11-50 employees

About the position

The Chief Financial Officer (CFO) at Taft ISD is responsible for overseeing all financial and business affairs of the district. This role requires providing leadership for the district's financial services to ensure that management practices are legally sound and effective. The CFO will direct and monitor the management and investment of all district funds, ensuring they are adequately protected. As the chief financial advisor and budget advisor to the superintendent and board of trustees, the CFO plays a critical role in maintaining the financial health of the district. In this position, the CFO will ensure the preparation and integrity of all district general accounting records and related financial reports, adhering to accepted standards for school accounting as prescribed by the Texas Education Agency. The CFO will develop both long-range and short-term objectives for the district's business operations and prepare the district budget, monitoring budget variances and overseeing necessary adjustments. Additionally, the CFO will act as a financial advisor to the superintendent and board of trustees, keeping them informed of the district's financial condition. The role also involves maintaining the district's investment portfolio, supervising the investment of all available funds, and ensuring that these funds are protected against loss. The CFO will ensure that all financial obligations of the school district, including accounts payable, notes payable, bonded indebtedness, and payroll, are met in a timely manner. Implementing and maintaining internal control procedures to safeguard assets and ensure the reliability of accounting data is also a key responsibility. The CFO will oversee the auditing program for all district funds and work cooperatively with both independent and internal auditors. In addition to financial management, the CFO will review and recommend appropriate policies and administrative practices, compile and maintain required reports and records, and ensure compliance with federal and state laws. The position also includes personnel management responsibilities, such as selecting, training, evaluating, and supervising department staff. The CFO will attend board meetings and make presentations as needed, contributing to the overall governance of the district.

Responsibilities

• Ensure preparation and integrity of all district general accounting records and related financial reports using accepted standards for school accounting as prescribed by the Texas Education Agency.
• Develop long-range and short-term objectives for district's business operations and prepare district budget. Monitor budget variances and oversee budget adjustments.
• Act as financial advisor to the superintendent and board of trustees and keep them informed of the financial condition of the district.
• Maintain the district's investment portfolio. Supervise and coordinate the investment of all available funds to the best interest of the school district and ensure that these funds are adequately protected against loss at all times.
• Ensure that all financial obligations of the school district (accounts payable, notes payable, bonded indebtedness, and payroll) are met on a timely basis.
• Implement and maintain internal control procedures to ensure the safeguarding of assets and reliability of accounting data and to promote operational efficiency and ensure adherence to prescribed procedures.
• Oversee the auditing program for all district funds and work cooperatively with the district's independent and internal auditors in conducting periodic audits.
• Administer the business office budget and ensure that programs are cost effective and funds are managed prudently.
• Review and recommend appropriate policies, administrative regulations, and administrative practices for the areas supervised.
• Implement the policies established by federal and state laws, State Board of Education rule, and local Board policy in the areas assigned.
• Compile, maintain, and file all physical and computerized reports, records, and other documents required including preparing and evaluating monthly financial statements and related budget reports, preparing quarterly and final reports for all federal funds and grants, developing semi-annual financial information for submission of data to TEA, and preparing and publishing comprehensive annual financial report in compliance with Association of School Business Officer (ASBO) standards.
• Follow district safety protocols and emergency procedures.
• Select, train, evaluate, and supervise department staff and make recommendations relative to assignment, retention, discipline, and dismissal.
• Develop training options and improvement plans for department staff to enhance the effectiveness of department operations.
• Attend board meetings and make presentations when appropriate and/or requested.

Requirements

• Bachelor's degree in business, accounting, or other related field.
• Certified Public Accountant (CPA) certification preferred.
• Advanced knowledge of school finance, budgeting, accounting systems, and economics.
• Knowledge of information/data processing systems and financial applications.
• Ability to resolve conflict, listen, and appropriately respond to concerns.
• Demonstrated leadership skills.
• Ability to manage budget and personnel.
• Ability to implement policy and procedures.
• Ability to interpret data.
• Excellent communication, public relations, and interpersonal skills.
• 1 year administrative or management experience.
• 3 years experience with supervisory responsibility in the fields of finance or accounting.

Benefits

• 12 days of paid leave (7 local & 5 state)
• $400 employer contribution towards TRS Active Care health insurance
• $25,000 life insurance policy paid by district
• Travel stipend available