Chief Financial Officer, Davenport Community Schools
- Job Type
Chief Financial Officer
Davenport, Iowa Community School District
The Davenport, Iowa School District is seeking an experienced Chief Financial Officer to lead their Financial Services and Management Information Systems departments. With nearly 3,000 employees the District is the third largest employer in the Quad Cities. The District has 1,400 teachers of which 55% have a master’s degree or higher. Included in the District are the surrounding communities of Buffalo, Blue Grass and Walcott within its 109 square miles. A staff of financial experts maintains a budget of over $200 million to ensure the effective use of funds. Facility upgrades of nearly $130 million over the past 12 years has earned the Association of School Business Officials International Facilities Masters Award.
Joined by the Mississippi river, community members uniformly express their pride and enumerate the numerous benefits to living in the Quad Cities area of Iowa and Illinois. Davenport is a vibrant city with abundant arts, education, and recreational opportunities and it is geographically located at the crossroads of America. It has been declared “The Most Livable Small City in America.” Clearly Davenport is a dynamic place to live, work and play.
The District's 15,000 students are provided multiple pathways to success with innovative initiatives to include ground breaking career and technical programs and a long history of outstanding performing arts. Technology is outstanding with over 25,000 devices serving students and staff.
The Chief Financial Officer leads all aspects of the financial services office. The C.F.O. is a key leader within the District, serves on the Executive Leadership Team and reports directly to the Superintendent of Schools.
Duties & Responsibilities:
- Establish and maintain a system of financial accounting consistent with Generally Accepted Accounting Principles.
- Keep abreast of new developments in generally accepted accounting principles (GAAP) for governments and schools, and all applicable federal, state and local laws governing financial reporting requirements.
- Coordinate the budget development and fiscal planning activities of the district including the preparation of all budget documents, the annual budget and budget amendment for certification and board approval.
- Administer and monitor the budget, including administration of FTE budget on positions in the district’s business software.
- Prepare district Comprehensive Annual Financial Report and file with appropriate authorities and submit to GFOA and ASBO for award.
- Serve as liaison between the district and the Board of Education.
- Provide leadership and general supervision of Student Account Manager, including student fee software.
- Provide leadership and general supervision of budget specialists for categorical funds and associated reports.
- Develop, maintain and monitor internal audit and control procedures, maintain compliance with all financial reporting requirements and insure that audited financial report accurately present the financial position of the District.
- Supervise and ensure the timely preparation and filing of all required financial reports; local, state and federal.
- Oversee preparation of monthly financial statements, present to the Board of Education and post on District website.
- Participate in and provide data for negotiations of collective bargaining agreements.
- Prepare data for administrator and non-bargaining salary matrixes.
- Oversee District-wide Request for Proposal process.
- Administer School Budget Review Committee process.
- Assist in planning and analyzing proposals for outsourcing of services.
- Administer and provide oversight to District Purchasing Card program.
- Administer and update information for State sponsored 403(b) program.
- Review and prepare all contracts for Board president or Board of Education approval and signature.
- Administer and monitor District-wide fee structure and recommend updates as needed.
- Direct all financing and cash management requirements of the District including the sale of bonds, anticipatory warrants and investment of reserve funds.
- Establish, implement and update District’s Cash Handling Manual.
- Supervise, monitor, and negotiate liability insurances for District.
- Administer the District’s equipment breakdown insurance program.
- In conjunction with the Employee Benefits Specialist, provide oversight of the various District benefit programs and work with consultants on contract renewals.
- Participate in organization and planning of voter tax levies: secure and Advanced Vision for Education (SAVE) and Physical Plant & Equipment Levy (PPEL).
- Maintain membership in IASBO.
- Establish and maintain positive working relationship with the Superintendent and the District’s Board of Directors.
- Good attendance and punctuality are a must to ensure that the duties and responsibilities of the job are performed successfully.
Special Qualification Desired: (Personal Qualities, Education, Skills Needed, Experience, Etc.)
- A minimum of a Bachelor’s degree and a Master’s degree preferred in Accounting, Finance and/or Business including six credit hours of accounting.
- Possess or ability to qualify for Iowa School Business Official Authorization. Information can be found at https://www.iowa-asbo.org/page/30
- Experience training administrators and managers on business financial practices.
- Willingness to work outside of normal business hours.
- Interpersonal skills that exhibit friendliness, tact, patience and courtesy.
- Excellent written and verbal communication skills.
- Excellent organizational, multi-tasking, and prioritizing skills.
- Proficient in use of technology.
- Must be flexible and adaptable to meet the daily requirements of the position.
- Ability to work independently and in a team environment with accuracy and with attention to detail.
- Competency working in a culturally diverse environment or the willingness or acquire these skills.
- Ability to problem solve independently and with others, take initiative, and work independently without supervision.
- Capacity to represent the District in a professional manner, which includes but not limited to confidentiality, collegiality, and the ability to obtain and utilize additional training, if necessary.
Salary will be commensurate with experience and education along with a comprehensive benefit package. Salary for the position in 2019-20 was $142,000. Screening will be ongoing and immediate until the position is filled with a start date as mutually agreed upon.
To apply for this position please go to the HYA website at https://hyasearch.com/job/chief-financial-officer-davenport-ia/