Director of Finance

Stamford, CT, US
Jul 09, 2019
  • Position Type:
    Administration/ Director, Finance

  • Date Posted:

  • Location:
    Stamford, CT

  • Closing Date:

  •    Additional Information: Show/Hide
    General Statement:
    The Director of Finance is responsible for the efficient and effective leadership of the Finance Department of the school district.

    Major Responsibilities:
    Directs all aspects of the following areas:
  • Manages Financial Resources
  • Performs Planning, Budgeting, Forecasting (20%) – Develops and maintains budget policies and procedures; prepares periodic budgets and plans; prepares periodic forecasts; performs cost accounting and control; performs inventory accounting.
  • Performs Financial Reporting (20%) – Prepares departmental financial statements; prepares consolidated financial statements; performs departmental reporting/ review management reports; performs consolidated reporting/ review of cost management reports; prepares statements for board; produces quarterly/annual filings and public reports; produces regulatory reports.
  • Performs General Accounting (10%) – Manages policies and procedures; negotiates service level agreements; establishes accounting policies; sets up and enforces approval limits; establishes common financial systems; maintains chart of accounts; processes journal entries; processes allocations; posts and reconciles interagency transactions; reconciles general ledger accounts.
  • Processes Accounts Receivable (AR), Adjustments, Expenses (10%) – Establishes AR policies; prepares AR reports; manages and processes collections; manages and processes adjustments and deductions; serves as a liaison with the City to process payroll.
  • Evaluates and Manages Financial Performance (10%) – Evaluates program and services effectiveness; determines and measures cost drivers; determines critical activities; evaluates new programs and services; manages continuous cost improvement; operates controls and monitors compliance with internal controls policies and procedures; designs and implements control activities; monitors control effectiveness; remediates control deficiencies; creates compliance function; operates compliance function; collaborates with Director of Research to perform return on investment analyses.
  • Capital Planning (10%) – Implements practices and procedures for capital planning, approval and implementation of expenditure plans and budgets; assists in the development of capital projects.
  • Processes Accounts Payable (AP) (5%) – Verifies AP pay file with purchase order vendor master file; maintains/manages electronic commerce; audits invoices and key data into AP system; approves payments; processes financial accruals and reversals; processes payroll taxes; researches/resolves payroll exceptions; processes payments.
  • Bids, Contracts and RFPs (5%) – Administers bidding process and contracts for vendor performance/compliance within established policies (e.g., prepare specifications, evaluate bids, recommend vendors, conduct bid meetings, etc.) for the purpose of securing items and or services; manages RFP process for facilities and facilities management services.
  • Other Duties (10%)
  • Coordinates with and responds to Board of Education, City Departments and City Boards –Controller's Office, Planning Board, Board of Finance, and other Boards.
  • Represents the Superintendent of Schools as needed.
  • Performs additional duties as determined by Chief Finance and Operations Support Officer.

  • Physical and Mental Demands, Work Hazards:
    Works in standard office and school building environments.

    Knowledge and Skills:
    • Commitment to creating schools that provide an education that cultivates productive habits of mind, body, and heart in every student.
    • Knowledge of and experience in school finance, capital planning and financial systems.
    • Ability to collaborate as part of an integrated team and develops a collegial environment within the school to support students and programs.
    • Use of data-driven decision making to determine effectiveness of programs and initiatives.
    • Excellent conceptual, analytical, problem solving, organization, and leadership skills.
    • Knowledge of federal, state, and local laws, policies, and procedures related to public schools, specifically related to school budgets.
    • Ability to analyze and synthesize information, develop and monitor a plan and produce data-focused reports.
    • Strong record budget development/administration & understanding financial resources.
    • Self-directed with attention to detail and excellent time management skills.
    • Exceptional oral and written communication skills and a proven track record of working collaboratively with multiple and diverse constituencies.
    • High standards of ethics, honesty, and integrity.

    • Advanced degree in management, finance and/or accounting.
    • Minimum five (5) years successful experience in management of multiple fiscal and operations departments.
    • Experience in municipal fiscal and operations management (education sector experience preferred).
    • Strong internal and external communications, interpersonal and problem-solving capabilities.

    Work Year:
    12 months in keeping with contracts for executive management personnel

    Highly competitive

    Board Approved 05/01/2018

    Similar jobs

    Similar jobs