CHIEF FINANCIAL OFFICER (CFO)

The Chief Financial Officer (CFO) serves as the strategic leader responsible for the school districts comprehensive financial management. This role encompasses oversight of budgeting accounting financial reporting payroll procurement risk management and ensuring compliance with local state and federal regulations. As a key member of the Executive Cabinet the CFO collaborates closely with the Superintendent and Board of Trustees to align financial practices with the districts mission and goals ensuring fiscal integrity and sustainability.

This job reports to the Superintendent

To perform this job successfully an individual must perform the essential functions satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the primary job functions described herein. Since every duty associated with this position may not be described herein employees may be required to perform duties not specifically spelled out in the job description but which may be reasonably considered to be incidental to the performance of their duties just as though they were actually written out in this job description.

Essential Duties and Responsibilities

Financial Planning and Budgeting:

• Develop and manage the districts annual budget ensuring alignment with educational objectives and strategic plans.
• Monitor budget performance and implement adjustments as necessary.
• Provide regular financial reports to the Superintendent and Board of Trustees.

Accounting and Financial Reporting:

• Oversee all accounting operations including accounts payable/receivable general ledger and financial statement preparation.
• Ensure compliance with Generally Accepted Accounting Principles (GAAP) and other relevant financial regulations.
• Coordinate annual audits and implement recommendations as appropriate.

Payroll and Benefits Administration:

• Manage payroll processes ensuring timely and accurate compensation for all employees.
• Oversee benefits administration including health insurance retirement plans and other employee benefits.

Procurement and Contract Management:

• Supervise purchasing activities to ensure cost-effectiveness and compliance with procurement laws.

• Negotiate and manage contracts with vendors and service providers.

Risk Management and Compliance:

• Identify financial risks and develop mitigation strategies.
• Ensure the districts financial practices comply with all applicable laws and regulations.
• Maintain appropriate insurance coverage and manage claims as necessary.

Strategic Financial Leadership:

• Advise the Superintendent and Board on the financial implications of policy decisions.
• Participate in long-term planning to support the districts educational mission.
• Engage with stakeholders to communicate financial information transparently.

Collaboration and Communication:

• Work collaboratively with district administrators to support the financial aspects of educational programs.
• Communicate effectively with internal and external stakeholders regarding financial matters.

Policy Development and Implementation:

• Develop and recommend financial policies and procedures to ensure efficient and effective operations.
• Implement and monitor compliance with established policies and procedures.

Staff Leadership and Development:

• Supervise and evaluate finance department staff fostering professional growth and development.
• Promote a culture of continuous improvement and accountability within the finance team.

Technology and Systems Management:

• Oversee the selection and implementation of financial systems and technologies to enhance operational efficiency.
• Ensure data integrity and security within financial systems.

Board and Community Engagement:

• Present financial reports and analyses to the Board of Trustees.
• Engage with community stakeholders to build trust and transparency in financial matters.

Qualifications

Education and Certification:

• Bachelors degree in Accounting Finance Business Administration or a related
• Masters degree or CPA certification preferred.

Experience:

• Minimum of five years of experience in financial management preferably within an educational or public sector environment.
• Demonstrated experience in budgeting financial reporting and compliance.

Knowledge Skills And Abilities

• Generally Accepted Accounting Principles (GMP) and financial reporting standards.
• Local state and federal financial regulations applicable to public education.
• Budget development and management processes.
• Risk management and insurance principles.
• Procurement laws and contract management.
• Strong analytical and problem-solving abilities.
• Excellent communication and interpersonal skills.
• Proficiency in financial software and Microsoft Office Suite.
• Ability to lead and manage a team effectively.
• Develop and implement strategic financial plans.
• Interpret and apply complex financial regulations and policies.
• Communicate complex financial information clearly to diverse audiences.
• Foster a collaborative and inclusive work environment.
• Skills are required to perform multiple highly complex technical tasks and skills must be upgraded regularly to meet changing job conditions.
• Knowledge is required to utilize theoretical mathematical concepts; review and interpret highly technical information and solve practical problems.
• Ability to schedule activities and/or meetings gather collate and/or classify data and use basic job-related equipment is required.
• Flexibility is required to work independently with others in a wide variety of circumstances; work with data utilizing defined and similar processes; and operate equipment using defined methods.
• Ability to work with a significant diversity of individuals and/or groups work with similar types of data and utilize specific job-related equipment is also required.
• In working with others independent problem-solving is required to analyze issues and create action plans.
• Problem-solving with data may require independent interpretation and problem-solving with equipment is limited.
• Specific abilities required to perform the jobs functions satisfactorily include setting priorities working with frequent interruptions working as part of a team communicating with diverse groups and establishing effective relationships.

Working Conditions

• Environment: Primarily office-based with occasional travel to school sites and district meetings.
• Physical Demands: Routine use of standard office equipment; occasional lifting and movement of materials up to 25 pounds.

FLSA Status: Exempt

Pay Grade: Executive Pay Scale

Evaluation

The Superintendent will evaluate performance annually based on the successful execution of responsibilities and achievement of district goals.

Rock Hill Schools provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race color religion age sex national origin disability status genetics protected veteran status sexual orientation gender identity or expression or any other characteristic protected by federal state or local laws. This policy applies to all terms and conditions of employment including recruiting hiring placement promotion termination layoff recall transfer leaves of absence compensation and training.

Required Experience:

Chief