Director of Finance

Position Type:
Administration/Business Manager

Date Posted:
6/10/2024

Location:
Central Office
JOB TITLE: Director of Finance

REPORTS TO: Superintendent of Schools

LOCATION:

Rochester School District

Rochester, New Hampshire
POSITION PURPOSE:

Under the direction of the Superintendent, the Director of Finance shall have the responsibility for administering the business and financial affairs of the school system to provide the best educational and operational services with the fiscal resources available.

SPECIFIC RESPONSIBILITIES:

• Advises and/or reports to the Superintendent and School Board as appropriate on all matters relating to the business affairs of the School Department
• Prepares the initial School Department budget and subsequent reports as necessary.
• Monitors expenses and funding sources on a daily basis and prepares financial projections for the Superintendent and the School Board to assist in the preparation and analysis of the budget.
• Establishes and oversees standard operating procedures and controls for all financial and administrative matters throughout the school department, including cash management and collection functions.
• Advises on financial implications of all contracts and contract proposals.
• Responsible for reviewing and awarding contracts after approval of the School Board.
• Reconciles system-wide accounts with Principals, Directors, and others responsible for expenditure control to maintain the accuracy and integrity of financial information
• Oversees all student activity accounts to ensure revenue collection and expenditure controls are in compliance with acceptable accounting practices as well as local policies, procedures, and regulations.
• Oversees all activities of financial support staff, including accounts payable, accounts receivable, payroll, employee benefits, and grants management.
• Administers the school department's insurance programs.
• Delegates responsibility for processing liability claims.
• Serves as a liaison with insurance carriers and risk management trust representatives to maintain ongoing communications.
• Develops appropriate methods of monitoring school department liability to ensure that accidents involving personal injury and/or property loss are reported accurately and in a timely manner.
• Develops and maintains with current data a system-wide process for inventory control of fixed assets.
• Participates as required in contract negotiations and grievance resolution.
• Prepares for the Superintendent's approval of all State and Federal financial reports to ensure that the School Department receives all reimbursable expenses.
• Provides direction, supervision, and annual written performance evaluations of office staff.
• Administers the school department lunch program.
• Records and reconciles all food service revenue and expenditures.
• Fiscal management of school construction; works in conjunction with the Director of Operations on projects.
• Oversees all business and financial transactions related to school department transportation services.
• Approves routine expenditures for goods, services, and salaries.
• Presents information to the public concerning the financial operation of the school district.
• Attends School Board meetings.
• Performs other tasks and duties as required by the Superintendent.

SUPERVISORY RESPONSIBILITIES:

Accounting

Purchasing

Accounts Payable

Accounts Receivable

GENERAL EXPECTATIONS:

• Ability to think conceptually and articulate ideas and recommendations in written communications, reports, and oral presentations to diverse audiences.
• Demonstrated ability in a leadership role requiring evaluation, supervision, negotiation, and management of fiscal operations.
• Familiarity with Federal and State reporting, data surveys, and auditing procedures.
• Strong math, analytical, and accounting skills.
• Ability to apply principles of rational systems.
• Ability to interpret instructions furnished in written, oral, or diagrammatic
• Ability to exercise independent judgment to adopt or modify methods and standards to meet variations in assigned objectives.
• Exercising judgment, decisiveness, and creativity required in situations involving the evaluation of information against measurable or verifiable criteria.
• Tasks that require visual perception and good oral communication.

REQUIRED QUALIFICATIONS:

• Bachelor's Degree in Business Administration, Accounting or related field.
• Minimum of five years' experience working in a similar position.
• Flexible and able to multitask; can work within an ambiguous, fast-moving environment
• Demonstrated resourcefulness in setting priorities and guiding investment in people and systems
• Excellent people skills, with an ability to partner with a dynamic leadership team
• Possess personal qualities of integrity, credibility, and commitment to RSD's mission
• Current authorization to work in the United States - Candidates must have such authorization by their first day of employment

PREFERRED QUALIFICATIONS:

• Certified or certifiable as a School Business Administrator in New Hampshire.
• Master's degree in business administration or education

JOB TYPE: FULL-TIME

Pay: $115,000 - $130,000 per year