Chief Financial Officer
ReNEW Schools
Chief Financial Officer (CFO) Performance Responsibilities Financial Planning and Strategy Lead the development and implementation of long‑term financial strategies to support the district’s goals and objectives. Lead the preparation, review, and implementation of the annual district budget in accordance with IDOE guidelines, GASB standards, and IASBO recommendations. Prepare and manage annual budgets, forecasting revenue, expenditures, and other financial variables. Provide financial guidance and recommendations to the Superintendent, School Board, and other administrators. Monitor the financial health of the district and ensure the proper allocation of resources for educational programs and services. Lead efforts to optimize the use of district financial resources, balancing short‑term and long‑term needs. Oversee and manage financial reporting processes, ensuring transparency and accountability to stakeholders. Financial Reporting and Compliance Ensure timely and accurate financial reporting in compliance with state and federal guidelines, including financial statements, grants, and audits. Oversee the district’s financial record‑keeping and accounting practices. Serve as the primary point of contact for external auditors and ensure all audits are completed successfully. Stay updated on IDOE and GASB regulations, ensuring district compliance. Oversee the preparation of accurate and timely financial statements and reports for internal and external audiences, including the annual Comprehensive Annual Financial Report (CAFR). Budget and Resource Management Develop and oversee the district's annual operating budget, ensuring effective allocation of resources across various departments and programs. Monitor cash flow, track revenue, and expenditures, and recommend adjustments to stay within budget. Manage the district’s investments, debt, and funding sources, including state and federal funding, grants, and local revenue streams. Financial Risk Management Identify financial risks and implement strategies to mitigate those risks while ensuring sustainability. Develop and maintain a system of internal controls to safeguard district assets. Monitor financial performance and provide regular budget updates to the Superintendent, School Board and other stakeholders. Analyze budget variances and propose corrective actions as needed. Ensure that budgets reflect district priorities, maintain compliance with local and state regulations, and align with available funding sources. Oversee the management of district cash flow, ensuring adequate liquidity for daily operations and proper investment of district funds. Ensure compliance with applicable laws related to school district investments and collaborate with investment advisors to maximize returns within prudent risk parameters. Maintain effective cash management policies and procedures to ensure optimal allocation of district funds. Collaboration and Leadership Serve as a key advisor to the Superintendent and School Board on all financial matters. Lead and mentor the finance team, fostering a culture of continuous improvement and professional development. Collaborate with other departments to ensure financial policies and procedures align with district goals. Represent the district in meetings with local, state and federal agencies regarding financial matters. Grant Management Oversee the administration of state and federal grants, ensuring compliance with all applicable regulations. Identify opportunities for securing additional funding through grants and partnerships. Qualifications Education Bachelor’s degree in Accounting, Finance, Business Administration or a related field (required). Master’s degree or CPA designation preferred. Experience Minimum of 5 years of experience in financial management, with at least 3 years in a leadership role in a public sector or educational setting. Experience managing budgets in excess of $50 million preferred. Experience with school finance, Indiana Department of Education policies, and government accounting standards is a plus. Strong knowledge of IDOE financial reporting standards, GASB principles and IASBO best practices. Skills Strong analytical, problem‑solving and financial modeling skills. In‑depth knowledge of accounting principles, financial regulations and budgeting practices in a public‑school environment. Proficiency in financial software and Microsoft Excel. Exceptional communication skills, both verbal and written, with the ability to present complex financial information clearly to non‑financial stakeholders. Strong leadership and team management skills. Ability to prioritize tasks, work under pressure and meet deadlines. Licenses/Certifications Valid CPA (Certified Public Accountant) license or similar certification preferred. Certified School Business Official (CSBO) certification or the ability to obtain certification within a reasonable time frame is highly desirable. Valid Indiana driver’s license. Interested candidates must apply online at the following district website: #J-18808-Ljbffr
$300k - $360k
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