What are the responsibilities and job description for the Finance Performance Analyst - Office of Education Innovation position at City of Indianapolis and Marion County?
Agency Summary
The Office of Education Innovation (OEI) is a charter school authorizer responsible for overseeing the academics, finances, and operations of mayor-sponsored public charter schools that educate about 18,000 students across the city. Our staff also closely scrutinizes charter school proposals to ensure high-quality, accessible, and equitable plans. Final chartering decisions are made by the Indianapolis Charter School Board.
Our mission is to transparently create and support high-quality charter schools by holding them to rigorous standards that increase student agency. Through our work, we envision a city where students and families have access to quality education options and do not face systemic barriers to pursuing them.
Job Summary
The Financial Performance Analyst oversees evaluation of schools’ financial performance, including review of quarterly financial statements and annual financial audits. The Financial Performance Analyst is also responsible for preparing and facilitating quarterly compliance meetings with assigned schools, collecting and filing required financial documents, analyzing financial documents, producing meeting materials, writing annual financial performance report based on schools’ annual audits, reviewing financial plans and budgets from prospective applicants to mayor-sponsored charter schools (MSCS), and managing and overseeing the collection of charter school authorizing fees due to OEI each quarter. Position reports to the Deputy Director.
A great deal of independent judgment is required. Must be comfortable in an entrepreneurial environment and able to independently organize, prioritize, track and manage many different types of work with an exceptional attention to detail and a high bar for quality. Must be a critical thinker and possess an exceptionally high level of personal responsibility for achieving ambitious results.
Equal Employment Opportunity
The City of Indianapolis Marion County is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. We value diversity in perspectives and experiences among colleagues and the residents of this city of whom we serve.
- Conduct quarterly meetings with each school’s school leader and finance representative(s). Using the Compliance Meeting Calendar as a guide, financial performance analyst should meet with schools on a quarterly basis.
- Write annual accountability reports for each school’s financial performance and Mid-Charter Reviews.
- Ensure proper administration of authorizing fees.
- Evaluate the financial processes and systems and proposed budgets in applications for new and replicating charter schools as well as renewals.
- Manage Salesforce database for schools and OEI team members and provide technical support when problems arise. Implement updates and changes based on feedback from OEI and schools to make the Salesforce database as user friendly as possible. Research ways to improve and update Salesforce capabilities.
- Research federal, state, and local grant opportunities to share with schools. Attend quarterly grant meetings hosted by the Indiana Department of Education.
- Agency Budget Support. Assist in the development of OEI’s annual budget through providing estimates of revenue gathered from schools’ 1% fee paid quarterly. Provide expenditure estimates. Attend budget meetings with the Office of Financial Management.
- Research and stay current on best practices related to charter school finance.
- Collaborate with the Director of Education Innovation and other analysts around decision-making in areas such as accountability, performance improvement plans and other school interventions, charter renewals and closures, and the vision and direction of the Office of Education Innovation.
- Serve as a resource to OEI staff, charter schools, parents, and the public.
- Develop presentations and documents for the Mayor, Director of Education Innovation, Indianapolis Charter School Board, and external partners as needed.
- Manage the pre-opening process for select new schools after they are granted a charter.
- Collaborate with the OEI leadership in discussing and pursuing relevant projects that align with OEI’s mission and goals.
- Must maintain confidentiality at all times.
- This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities that management may deem necessary from time to time.
Minimum Job Requirements and Qualifications
Bachelor’sDegreeand two (2) to four(4) years’ experiencerequired. Experience with financial analysis is required. Must have outstanding written and verbal communication skills. Candidates must be well-organized and able to manage multiple deadlines simultaneously. The ability to read, analyze, and interpret financial data is required. Candidates must demonstrate the ability to define problems, collect and analyze data, and draw valid conclusions. Indianapolis. Must have a demonstrated ability to meet specific goals in a team-oriented environment. Must have advanced proficiency with Microsoft PowerPoint and Excel.
Preferred Job Requirements and Qualifications
Master’s degree preferred. Knowledge of state and federal requirements for school accountability is encouraged. Experience with accrual-based accounting is preferred.