What are the responsibilities and job description for the Chief Finance Officer position at Tyrrell County School District?
Chief Finance Officer
ROLES AND RESPONSIBILITIES
The primary responsibility of the school finance officer is to perform a large variety of professional duties involving interaction with schools in providing leadership and supervision to the school district in all facets of financial management to ensure proper accountability for all funds administered by the school district. The Chief Finance Officer prepares annual budgets for all funds and monitors activity of those funds throughout the fiscal year in order to assure compliance with the School Budget and Fiscal Control Act and in accordance with guidance issued by the Local Government Commission and the Department of Public Instruction. Establishes procedures sufficient to assure compliance with financial laws, regulations, and requirements to assure adherence to Generally Accepted Accounting Principles (GAAP) and standard business practices.
ESSENTIAL JOB FUNCTIONS
- Maintain an accounting system in accordance with generally accepted accounting principles and governmental accounting standards. Familiarity with LINQ v6, Microsoft Products, Cook spreadsheets, NCDPI applications, etc.
- Manages the school district's financial affairs including budgeting, purchasing, accounting, payroll, accounts payable, internal audit, fixed assets, and treasury functions.
- Provide a secure physical and operational infrastructure to safeguard electronic data for the business operations of the school system.
- Maintain a school payroll accounting system in accordance with applicable state and federal laws and regulations.
- Prepare financial reports annually and at other times as requested by the superintendent and local board.
- Prepare monthly, quarterly and annual reports as required by other federal, state and local agencies.
- Maintain an adequate system of internal controls including property and inventory accounting.
- Maintain a sound system of cash management, including signing and issuing all checks, drafts and warrants; receiving and depositing all monies; and investing all idle cash.
- Maintains and selects accounting systems and software for both centralized operations and in the individual schools to process transactions in accordance with applicable requirements.
- Maintains and established a system of controls over cash receipts, deposits, disbursements and investments in accordance with requirements of the Office of the State Treasurer, the Office of the State Controller, and the NC Department of Public Instruction, and in accordance with standard business practices.
- Maintain a system of contracting and purchasing procedures, including the issuance of the pre-audit certificate.
- Coordinate the preparation of the annual budget and any amendments as appropriate.
- Maintain a financial management system for child nutrition and other special funds' operations.
- Carry out all assigned responsibilities in accordance with federal, state, and local laws and applicable rules and regulations.
- Comply with the requirements of the Uniform Education Reporting System including the standards and procedures adopted by the State Board of Education for providing timely, accurate and compete fiscal and personnel information.
- The finance officer shall also perform such other duties as may be assigned to the position by law, by the superintendent, and by rules and regulations of the State Board of Education and the Local Government Commission.
- All other duties as required by the Superintendent.
TEAM LEADERSHIP AND MANAGEMENT
INFLUENCE AND EFFECTIVE COMMUNICATION
MINIMUM TRAINING AND EXPERIENCE