Chief Financial Officer

Chief Financial Officer

Job Description

Title: CHIEF FINANCIAL OFFICER

Reports To: Superintendent, Board of Education

Supervises: Accounts Payable/Receivable; Payroll

     Original Issue Date:April 2025

SUMMARY: The hands-on Chief Financial Officer (CFO) reports to the Superintendent and designee and is an important member of the District Leadership Team. This position will create, provide and be accountable for the leadership, strategic direction, management, quality control, financial planning, management of financial risks, record-keeping and evaluation of all financial operations, programs, and activities.

ESSENTIAL FUNCTIONS: Essential functions, as defined under the Americans with Disabilities Act, may include any of the following representative duties, knowledge, and skills. This is not a comprehensive listing of all functions and duties performed by incumbents of this class; employees may be assigned duties which are not listed below; reasonable accommodations will be made as required. The job description does not constitute an employment agreement and is subject to change at any time by the employer. Essential duties and responsibilities may include, but are not limited to, the following: 

• Continually assess current and potential financial impacts to the District.
• Create projections and estimates of student counts for funding purposes. 
• Review other financial and non-financial data for trends. 
• Assure understanding of the Superintendent and Board of Education regarding the current and potential future implications of financial impacts using a transparent and open approach. 
• Serve on the Strategic Planning Advisory Council
• Manage grants and reporting of grants
• Oversee and manage payroll
• Financial oversight of the business operations of the District, including accounts payable, purchasing, food service, capital improvements, insurance, inventory, data processing and procedures, debt management, and investing. 
• Review of all financial information prior to board approval to assure financial implications and legal issues have been considered. 
• Keep current on state and federal requirements relating to the financial environment that will/could impact East Grand School District. 
• Assure compliance with state, federal, and local laws/regulations related to financial reporting, including, but not limited to: Quarterly financial reporting to the Board, State financial reporting requirements, Special request reports, Annual Financial Reports, Federal, state, and local grants. 
• Provide leadership for the development, maintenance, enhancements and continual improvement to the District’s comprehensive financial data systems to assure efficient and accurate financial reporting. 
• Provides updated financial information to the Superintendent, Board of Education, SPAC, District Accountability Committee, CPST, staff, and the community in a way that fosters trust, and transparency.
• Ability to efficiently and accurately prepare financial reports as is necessary to create a transparent and knowledge-based environment. Understanding of federal, state, and local grant reporting and expenditure requirements.
• Develop, administer, monitor, and coordinate the District budget, including:
• Leading budgetary meetings with the SPAC, including the preparation of applicable reports.
• Creating sound and efficient budget procedures for staff and administration.
• Creating all budget allocations for salaries/benefits and non-salary expenses by administrative unit.
• Training administration and staff on budget procedures and the use of budget software.
• Creating a budget calendar and communicating timelines to all stakeholders.
• Creating analyses relating to the budget document approved by the board.
• Assure the budget meets all federal and state requirements.
• Creating or providing leadership oversight for budgets, forecasts, and projections that impact the District financially, including:
• Enrollment budgets, projections, and forecasts by school and district-wide.
• Salaries and benefit/FTE budgets, projections, and forecasts.
• Reviewing non-salary budgets recommended by staff. 
• Reviewing and recommending all budgets district-wide for Board approval.
• Continual communication to the Superintendent, Board, staff and other constituents about the budget and its changing status.
• Creating supplemental budgets during the school year. 
• Creating budget vs. actual reports and analysis.
• Maintain a safe and secure work environment. 
• Maintain current cash receiving policies that are communicated to the staff responsible for handling cash/checks.
• Create and maintain internal controls procedures to effectively safeguard the District’s assets.
• Create and implement a sound cash management policy, which balances maximizing return with safeguarding assets within state laws. 
• Create and implement a sound fixed asset tracking system for theft sensitive items and fixed assets. 
• Balance the cost of insurance with mitigating risk. 
• Manage and participate in the annual audit process.
• File periodic reports as required by the state, Municipal Securities Rulemaking Board, etc. 
• Manage all accounting services at the highest level of accuracy and timeliness consistent with accepted accounting practices and high employee satisfaction.

• Supports the relationship between East Grand School District and the general public by demonstrating courteous and cooperative behavior when interacting with citizens, visitors, and District staff; maintains confidentiality of work-related issues and District information; performs other duties as required or assigned.
• Maintains regular and reliable attendance.

MINIMUM QUALIFICATIONS: 

Education and Experience: 

• Completion of appropriate courses of study in an accounting or business field is preferred.
• Individuals with experience in school finance and the Colorado Public School Finance Act is highly preferred.

Required Licenses or Certifications: 

• Must possess a valid Colorado Driver’s License and acceptable Motor Vehicle Record. 
• CPA preferred. 

KNOWLEDGE AND SKILLS: 

Knowledge of: 

• Working knowledge of forecasting and financial reports as relative to Colorado Public School Finance. 
• Demonstrate excellent leadership and organizational skills and the ability to motivate people. 
• Demonstrate excellent integrity and good moral character and initiative. 
• Thorough knowledge of Generally Accepted Accounting Principles (GAAP). 
• Ability to translate financial concepts and effectively collaborate with colleagues who do not necessarily have financial backgrounds. 
• Strong accounting and financial analytic skills, with acute attention to detail. 
• Commitment to excellence and high standards. 
• Strong organizational and problem-solving skills; able to manage priorities and workflow. Versatility, flexibility, and willingness to work with continuously growing needs and evolving priorities. 
• Demonstrate ability to plan and organize projects. 
• Proficient in accounting and reporting software. 
• Ability to establish and maintain effective working relationships with school officials, teachers, support staff and associates. 
• Ability to interact with a broad and diverse population of internal and external stakeholders. 
• General office procedures, policies, and practices. 
• Administrative principles and practices including goal setting and program budget development and implementation. 
• Recordkeeping, report preparation, and records management techniques. 
• District organization, operations, policies, and procedures. 
• Principles and practices of public administration. 
• Organizational development theory and practices. 
• Modern technology, systems, and software designed to assist in the computerized management of information. 
• Legal, ethical, and professional rules of conduct for school environments. 
• Principles and practices of public sector administrative management, including personnel rules, cost accounting, budgeting, contract management, and employee supervision. 
• Techniques and practices for efficient and cost effective management of resources. 
• Methods and techniques of research, statistical analysis, and report presentation. 
• Principles and practices of conflict resolution. 

Skill in: 

• Highly organized and strong follow-through with tasks and promises. 
• Oral and written communications. 
• Strong leadership skills. 
• Developing cost estimates and budgets. 
• Developing and executing strategic plans. 
• Applying logical thinking to define problems, collect data, establish facts, and draw valid conclusions. 
• Drafting clear, complete, accurate, and logical written and verbal communications. 
• Researching, compiling, and summarizing a variety of informational and statistical data and materials. 
• Planning, organizing, assigning, directing, reviewing, and evaluating the work of staff. 

PHYSICAL DEMANDS AND WORKING ENVIRONMENT: 

• Work is performed in a standard office environment with some work being performed at various District properties.

Salary : $125,000 - $144,909