2022-23 Director of Finance

Objective:

The purpose of this job is to provide leadership to the fiscal and business operations of the organization, ensure its financial integrity and maximize the use of resources in support of student achievement. The Director of Finance works under limited supervision to provide oversight for the efficient and effective operation of the organization’s funding. It is primarily responsible for ensuring the delivery of fiscal services for the organization and preparation of the annual budget.

Duties of this position include, but are not limited to, the following:

• Provides staff leadership to ensure understanding and promotion of the organization’s educational objectives.
• Advises theAssistant Executive Director on organization policy affecting the financial integrity of the organization.
• Leads the MSE Finance Committee as needed.
• Ensures the operation of an accounting system that efficiently, effectively and accurately records all financial transactions in accordance with generally accepted governmental accounting principles.
• Maintains knowledge of the annual budget and budget amendment process in order to assist with preparation and provide quality control.
• Assists with long-range financial planning and departmental strategic work.
• Administers a budgetary control system that monitors expenditures against budget allocations.
• Consults periodically with all departments of the school system relative to budgetary requests and expenditures.
• Approves, as delegated, expenditures for goods, services and payroll from funds controlled by the School Board.
• Ensures the continuous monitoring of revenue collections versus estimates.
• Continuously evaluates and analyzes all business operations for improvement in efficiency and effectiveness.
• Assists in the recruitment,screening, hiring training and assigning of departmental employees and provides opportunities for growth through staff development.
• Confers with school business officials at state, regional and national levels.
• Optimizes the contribution of the business affairs staff through coaching, counseling and advising on workable solutions to business issues/problems.
• Provides advice and assistance to other departments in understanding business processes and advising on workable solutions to issues/problems.
• Reviews and oversees the internal control process to include the documentation and establishment of policies and procedures.
• Oversees year end close out by ensuring all tasks are completed, recording appropriate reserves and reviewing financial reports.
• Oversees and coordinates the audit by the State Comptroller’s office to include assisting with the review of the financial statements.
• Representative for the organization for Internal Revenue Service items to include approval of Quarterly Federal Tax Return.
• Performs other functions and assumes other responsibilities as may from time to time be assigned by the Assistant Executive Director.

MINIMUM QUALIFICATIONS:

• Bachelor’s degree from an accredited college or university is required
• Master’s degree in Finance or Business Administration is highly recommended
• Two years of school finance experience is required
• Tennessee Finance or Business certificate is recommended
• Experience in budget, payroll and purchasing is recommended
• Governed by the Rules and Regulations of the Tennessee Code Annotated and the Tennessee  Board of Education
• Must be physically and mentally able to perform the responsibilities and duties of the position

PERFORMANCE APTITUDES:

Active Learning– Understanding the implications of new information for both current and future problem solving and decision-making.

Active Listening– Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Critical Thinking– Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Learning Strategies– Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.

WORK ENVIRONMENT AND PHYSICAL REQUIREMENTS

Light Work: may require occasional light lifting
Nights and weekend activities will be occasionally required
Position is in the office setting and may involve prolonged work at a desk in one location
Moderate travel is required