What are the responsibilities and job description for the Chief Financial Officer (CFO) position at All Schools?
Reports To: Board of Education (with oversight by the Superintendent of Schools)
Supervises: Business Office operations and related support services
Position Summary
The Chief Financial Officer (CFO) is responsible for providing leadership and oversight of all financial operations within the district. This role ensures fiscal integrity, compliance with state and federal regulations, and the efficient use of resources to support the district’s mission. The CFO serves as a key advisor to the Board of Education and Superintendent, while supervising business operations including finance, facilities, transportation, food services, technology, purchasing, and risk management.
Responsibilities
The CFO’s responsibilities include, but are not limited to:
- Review and recommend Board policies and administrative procedures related to finance, operations, and compliance with State of Michigan regulations.
- Provide leadership in the development and management of the annual General Fund and Special Revenue Funds.
- Oversee all district funds, including General Fund, Debt Retirement Fund, Capital Improvement Funds, Food Service Fund, Child Care Fund, and Student Activity Funds, ensuring fiscal responsibility and efficiency.
- Prepare, analyze, and present financial information to support administrative decision-making.
- Ensure appropriate internal controls, system processes, and risk management programs are in place.
- Develop and present annual fiscal forecasts in collaboration with the Superintendent’s cabinet.
- Supervise key operational areas:
- Buildings & Grounds/Operations
- Purchasing and procurement
- Transportation services
- School nutrition programs (breakfast, lunch, and dinner)
- Technology Department
- Business Office functions
- Lead and oversee the district’s annual financial audit, property inventory system, and reporting to insurance carriers and regulatory agencies.
- Provide leadership regarding bond opportunities and refinancing of district debt.
- Participate in labor contract negotiations, supplying financial data to the Board of Education’s negotiation team as needed.
- Represent the district to community stakeholders, professional organizations, and constituent groups.
- Prepare and respond to Freedom of Information Act (FOIA) requests related to the Business Office.
- Support the Board of Education by preparing financial materials, attending meetings, and presenting at public hearings.
- Lead strategic planning and implementation of financial and operational initiatives aligned with district goals.
- Oversee compliance reporting, including Medicaid, FID, IRS filings (1099s, 941s, 990Ts, W-2s), tax forms (L-4021, MC223), state/federal grants, and state systems (MEGS , SIGMA, CMS, etc.).
- Perform other duties as assigned by the Superintendent or Board of Education.
Qualifications
- Bachelor’s degree in Business Administration, Education, or Public Administration (Master’s degree preferred).
- Professional certification preferred: CPA, CMA, Certified Financial Manager, or Michigan School Business Officials (MSBO) CFO certification.
- Minimum of five (5) years of progressively responsible experience in school business administration, educational services, or a comparable public/private organization. Experience as a Business Manager, Director, or Assistant Director of Finance strongly preferred.
- Demonstrated leadership skills, strong analytical abilities, and a proven track record of financial management in a complex organization.
Salary : $107,030 - $152,382