Lockhart Independent School District
Chief Financial Oﬃcer (CFO) (642)
Title: Chief Financial Oﬃcer (CFO)
Posting ID: 642
Direct and manage the operation of all ﬁnancial and business aﬀairs of the district including accounting and risk management. Serve as the chief ﬁnancial oﬃcer to the superintendent and board of trustees.
Master’s degree in school administration, business, accounting, or other related ﬁeld Certiﬁed Public Accountant (required)
Advanced technical knowledge of school ﬁnance, budgeting, accounting systems, and economics
Working knowledge of ﬁnancial applications and accounting Strong communication, public relations, and interpersonal skills
Ability to use personal computer and software to develop spreadsheets, perform data analysis, and do
Ability to interpret policy, procedures, and data Ability to manage budget and personnel
Ability to coordinate district functions
Three years’ experience in school business management preferred
Major Responsibilities and Duties:
- Keep the superintendent informed on the business aﬀairs of the district.
- Evaluate accounting procedures, systems, and controls in all district departments and recommend improvements in their design, implementation, and maintenance.
- Maintain a continuous auditing program for all funds and assist the district’s independent and internal auditors in conducting the annual or periodic audit.
- Ensure that accounting systems comply with applicable laws and regulations including Texas Education Agency Financial Accountability System Resource Guide.
- Develop period cash ﬂow analysis to aid in determining cash available for investment and payment of bills.
- Assist in maintaining the district investment portfolio.
- Oversee preparation of monthly bank reconciliations for the operating, special revenue, debt service, construction, and athletic accounts; review reconciliations of vendor and payroll clearing accounts.
- Prepare and enter all budget adjustments, additions, and deletions.
- Oversee to maintain control of budget by verifying availability of funds for purchases.
- Preparation of the budget and development of long-and short-range objectives for the business operations of the district.
- Plan and conduct needs assessments for improvement of district business operations.
- Work with district personnel to project student enrollments, staﬃng needs, building and facilities needs, energy needs, capital equipment needs, and other cost items for district and individual school improvements.
- Administer the business oﬃce budget and ensure that programs are cost eﬀective and funds are managed prudently.
- Provide leadership to achieve cost-eﬀective practices throughout the school district.
- Ensure that business operations support the district’s goals and objectives.
Policy, Reports, and Law
- Implement policies established by federal and state law, State Board of Education rule, and local board policy in the area of business operations.
- Compile, maintain, and ﬁle all physical and computerized reports, records, and other documents required.
- Prepare and evaluate monthly ﬁnancial statements and related budget reports.
- Prepare and publish comprehensive annual ﬁnancial report in compliance with the Government Finance Oﬃcers Association (GFOA) standards.
- Develop semi-annual ﬁnancial information for submission of data to TEA.
- Prepare quarterly and ﬁnal reports for all federal funds.
- Maintain accurate and current computerized inventory records of the district’s ﬁxed and moveable assets.
- Supervise maintenance of a timely replacement of cost-asset listing for insurance purposes.
- Assist in organizing and conducting sales to dispose of surplus and salvage equipment.
- Prepare, review, and revise business department job descriptions.
- Develop training options and/or improvement plans to ensure exemplary business operations.
- Evaluate job performance of employees to ensure eﬀectiveness.
- Train and supervise business oﬃce personnel and make sound recommendations relative to personnel placement, assignment, retention, discipline and dismissal.
- Demonstrate awareness of district and community needs and initiate activities to meet those needs.
- Work to complete any other special assignments, projects and duties as assigned by supervisor.
District Records Management
- Serve as District Records Management Oﬃcer.
- Coordinate, plan, and execute annual district records update.
- Evaluate district needs for imaging district permanent records.
Supervise and evaluate the performance of the Finance Department.
Mental Demands/Physical Demands/Environmental Factors:
Maintain emotional control under stress. Occasional district and statewide travel; occasional prolonged and irregular hours.
Shift Type Full-Time
Salary Range $448.10 – $557.73 / Per Day
Location Central Oﬃce
Start Date 10/20/2020