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The Colorado Springs School District 11 is seeking a Director of Financial Services to oversee the district's financial functions. This role involves managing accounting operations, financial reporting, and ensuring compliance with state regulations. Ideal candidates will have a strong background in public school finance, leadership experience, and ethical decision-making skills.
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JOB DESCRIPTION
SUMMARY OF FUNCTION
Assists in the oversight of the financial functions of the district, including financial reporting, accounts payable, accounts receivable, internal audit, payroll, and fixed assets.
ESSENTIAL JOB FUNCTIONS
•Supervises the Department of Fiscal Services (incl. Payroll) in its daily operations
•Manages accounting plans and procedures, including the chart of accounts for the District’s fund accounting
•Coordinates the development of Comprehensive Annual Financial Reports (CAFR), including audit work paper preparation.
•Acts as liaison to Board’s Audit Committee and external auditors as necessary
•Responsible for the District’s cash management programs, including investments of the District’s funds by Board policy and state statutes
•Prepares interim investment reports for submission to the Board of Education
•Prepares the cash flow analyses (actual and budget)
•Reviews interim financial reports on a monthly & quarterly basis for submission to the Board of Education & other stakeholders
•Oversees the District Financial Transparency website by State statutes
•Reports unusual variances and notes exceptional trends
•Prepares reconciliation of financial accounts as needed
•Assists departments/functions with accounts and balances
•Responsible for the District's financial records retention, to include the system for efficient assimilation, reproduction, and retention
•Prepares reports and monitors compliance with revenue and spending limitations and pledging requirements contained in Article X, Section 20 of the Colorado Constitution (Amendment 1), limitations, and calculations affecting a variety of accounting and financial reporting applications
•Acts as a liaison to the budget department regarding budget development and accounting processes
•Supervises reconciliation of the District's cash accounts, including balancing, reporting, and administration
•Monitors internal controls and safeguarding of assets issues and makes recommendations for improvements to the Sr. Executive Director – Financial Services
•Supervises internal audit and school financial training
•Develops, implements, and maintains accounting/finance-related policies and procedures
•Acts as a liaison to schools and departments regarding a wide variety of accounting and payroll matters and works to provide a system of accountability and efficiency cooperatively
•Responsible for CDE-3, CDE-40, and various other state-mandated reports for timely submission to the Colorado Department of Education
OTHER DUTIES
•Performs related duties as assigned
KNOWLEDGE, ABILITIES, AND SKILLS
•Mastery of accounting principles and practices as applied to the financial management & reporting of public schools
•Knowledge of computerized accounting and financial management systems
•Ability to direct accounting and financial reporting functions of the District
•Ability to supervise the work of technical and support staff
•Ability to use standard spreadsheet software fluently
•Ability to communicate effectively
•Ability to lead the work of teams, committees, and work groups
•Ability to work cooperatively with others
•Ability to keep abreast of developments in the field
•Ability to act ethically and responsibly in all financial matters
QUALIFICATIONS
•Bachelor's degree in accounting or related field
•Certified Professional Accountant and/or MBA
•Five years of progressively responsible experience in accounting, government preferred
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