Director of Finance Compliance (25-26)

Description

Director of Finance Compliance

Mission:

IDEA Public schools is seeking a Director of Finance Compliance to join our growing Business Office team. As the Director of Finance Compliance, you will report to the Managing Director of Grants and support the Finance Team regarding all aspects of federal, state and local finance compliance.

As a member of the National team, you will support all 13 regions across 4 states to achieve annual operating income goals while remaining good stewards of public funds and donations. You will be a subject matter expert on federal, state, and local financial laws, policies, and procedures and be adept at translating them to stakeholders across the organization.

Supervisory Responsibilities:

Directly manage Compliance Manager

Location:

This is a full-time remote position based in Texas with preference given to candidates who live in Austin, El Paso, Houston, Permian Basin (Midland/Odessa), Rio Grande Valley, San Antonio, and Tarrant County (Fort Worth), or who are willing to relocate.

Travel Expectations:

Up to 15% of the time during the busiest parts of the year

What You’ll Do – Accountabilities

Essential Duties:

• Ensure national, regional and campus leaders understand the importance of financial compliance and their responsibility as IDEA Public Schools fiduciaries, support them in making real connections to their functional work, and the rules and regulations regarding financial compliance and public funds.
• Support the education and development of members of the Finance Team across Financial Planning and Analysis, Treasury, Accounting and IPS Finance to educate leaders regarding financial compliance, areas of risk, and key performance indicators.
• Supporting the Financial Compliance and Grants Team with the grant drawdown processes, which can include participation in grant director’s meetings to provide input regarding the allowability of specific expenses and processes
• Preparing periodic compliance reporting for Directors and the Business Office Team; the task will require active coordination with cross-functional stakeholders. Superior communication skills are required to properly facilitate this work;
• Ensuring all financial compliance requirements are met in a timely manner, including Time and Effort maintenance reporting, job descriptions and offer letters meet the federal reporting requirements;
• Maintaining all relevant internal controls and enhancing them where possible. Developing and implementing processes and procedures for obtaining appropriate backup in a timely manner;
• Support the Managing Director of Grants in building and revising finance policies across legal entities

Additional Duties and Responsibilities:

• Partner with the Internal Audit and Finance Teams to ensure internal audits are supported by the Finance Team, results are cascaded and understood by appropriate parties, and corrective action plans are implemented with fidelity
• Manages the development of tools designed to measure compliance as the team continues to develop any, and all, corrective action plans related to federal, state and local fund sources
• Ensure appropriate Finance Team members are accessing resources and attending trainings related to updates to Federal and State financial compliance requirements
• Partner with Schools Team leaders to ensure Campus Needs Assessments and Student Achievement Improvement Plans are robust/comprehensive and meet requirements
• Establish Finance standard operating procedure (SOP) library; ensure SOPs are comprehensive and reflect current processes and are living documents through consistent review
• Ensure Finance Team operating procedures and practices are in accordance with federal, state and local requirements; consistently evaluate team processes
• Ensure the Finance compliance calendar is strategic and comprehensive; hold teams accountable to internal milestones and deadlines
• Establishes appropriate national or regional financial benchmarking to support evaluation
• Build a solid and robust plan to evaluate the team’s training resources and help adjust training resources as needed to provide high quality professional development.

Knowledge and Skills – Competencies

• Make Strategic Decisions: This individual can coach others in decision-making and is involved in complex decision-making in line with their responsibilities. They use feedback and data to inform their decisions and with support, they consider the broader impact of their choices on those they work with.
• Manage Work and Teams: This individual is responsible for managing their own work as well as supporting others. They focus on delegation, performance management, and coaching to help others achieve their work goals and develop professionally.
• Grow Self and Others: This individual actively seeks feedback, embraces challenges as learning opportunities, and engages in professional development activities to enhance their own skills and performance.
• Build a Culture of Trust: This individual focuses on awareness of their own emotional states and biases. They practice transparency and honesty in their interactions, contributing positively to team morale and trust.
• Communicate Deliberately: This leader prioritizes open channels of communication on their team. They facilitate team meetings, ensure clear dissemination of information, and encourage feedback loops within their teams to promote understanding and cohesion.

Required experience:

• Bachelor's degree in accounting, business administration, or economics
• 2 years’ experience in finance leadership or financial compliance

Preferred experience:

• Master’s degree in accounting, business administration, or economics (Preferred)
• 3-5 years’ experience in the above (Preferred)

Physical Requirements:

• This is a sedentary position.

What We Offer:

Compensation & Benefits:

Salaries for people entering this role typically fall between $89,600 and $105,300, commensurate with relevant experience and qualifications and in alignment with internal equity. This role is also eligible for performance pay based on organizational performance and goal attainment.

Additionally, we offer medical, dental, and vision plans, disability, life insurance, parenting benefits, flexible spending account options, generous vacation time, referral bonuses, professional development, and a 403(b) plan. You can find more information about our benefits at https://ideapublicschools.org/careers/benefits/.

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  IDEA may offer a relocation stipend to defray the cost of moving for this role, if applicable.

Application process:

Submit your application online through Jobvite. Please note that applications will be reviewed on an ongoing basis until the position is filled. Applicants are encouraged to apply as early as possible.

Learn more about IDEA

At IDEA the Staff Culture and Belonging Team uses our Core Values to promote human connection and a culture of integrity, respect, and belonging for all Team and Family members. Learn more about our Commitment to Core Values here: https://ideapublicschools.org/our-story/#core-values