: Executive Level

: Chief Financial Officer

Graduation from an approved college or university with a Master’s Degree in business, public administration, or a major in accounting.
Minimum of five years of experience in one of the above fields. Experience to include budgeting, purchasing, and experience with computerized financial accounting and purchasing systems. Minimum of three years of experience in a managerial or supervisory capacity.
Minimum of three years of experience as a school system business administrator responsible for a computerized business operation preferred.
Any combination of education and/or acquired experiences that meet all stated requirements may be considered appropriate for the position.
RI Certification as a School Business Administrator, or willingness to acquire such certification.

III.

The Chief Financial Officer is responsible for and reports directly to the Superintendent of Schools. The incumbent operates with a high degree of latitude and independent judgment. Work performance is periodically reviewed by the Superintendent of Schools, with a written annual evaluation provided to this incumbent. Reviews and evaluations are to ensure conformance to established School Committee policies, administrative regulations, State and Federal Law and Regulations, and sound business practices.

2. Maintain a supervisory function over the Director of Business

and personnel in the Business Office. Also maintains a

supervisory function for all business activities as they relate to

individual department heads, such as the Director of Plant Operations, the Director of Student Transportation Operations, the Director of MIS, and the Fiscal Grant Manager.

IV: :

The Chief Financial Officer is responsible to the Superintendent of Schools for coordinating and directing all of the business services of all operations of the Cranston Public Schools, including, but not limited to, Plant Operations, Student Transportation, and Data Processing. Business services include budget preparation, monitoring of all receipts and expenditures to ensure a sound fiscal condition, preparation of all required financial reports, purchasing and maintenance of all school equipment, etc. Also, the

The Chief Financial Officer is to investigate, evaluate and recommend changes in business procedures and policies

relating to the business function.

Prepare the annual budget in a clear, business-like format to show revenues and expenditures with appropriate narrative explanations.
Attend both School Committee and City Council meetings during the annual budget adoption process. Provide supporting documentation to any budget questions asked during these meetings.
Classify all school system revenues and expenditures properly.
Supervise the efficient recording of all past and current revenues and expenditures for the staff and School Committee members.
Prepare periodic financial statements for the school system funds, including the current status of the budget.
Supervise all financial activity as it relates to Federal, State, and Private Grant Programs.
Review with the Chief Human Resources Officer the recording of all salaries for school system personnel.
Prepare and issue instructions and policy statements for guidance in preparing annual operating and capital outlay budget requirements, in accordance with written policies established by the Cranston School Committee.
Review and evaluate the financial implications for unusual maintenance projects and emergency needs. Assure that proper notifications are furnished to the Superintendent of Schools.
Work with the City Finance Director to monitor the current status of school system bond issues, including current funds available, projects completed, etc. Also, work with the City of Cranston Finance Director to prepare the annual School Housing Aid Report relating to expenditures of capital bond funds.
Work with the City Finance Department to ensure that the school system’s expenditures and receipts are in agreement with the records maintained by the City.
Supervise the preparation of annual financial reports required by the RI Department of Education and other governmental agencies.
Work with the auditors to provide all necessary information during the annual financial audit.
Supervise the School District’s Food Service Program in coordination with the Food Services Management Company.
Supervise the School District’s Plant Operations, Student Transportation, and M.I.S. Departments by implementing annual operating budgets and monitoring monthly expenditures.
Supervise the ordering and disbursing of all school system supplies and equipment.
Supervise the efficient maintenance of all historical school system financial records.
Supervise the accounting for school property and equipment and the preparation of annual inventories of the same.
Account for the identification and disposal of all surplus and obsolete equipment and/or material.
Maintain and improve the operation of a computerized accounting system that provides the information required by the School Committee, Superintendent, Government Agencies, and members of the public.
Handle all matters relating to school system insurance, including claims and attendance at necessary insurance meetings. Review insurance in light of changing requirements to ensure adequate insurance policies are in force.
Perform such other functions and duties as directed by the Superintendent of the Cranston Public Schools.

The Chief Financial Officer will be directly responsible to the Superintendent of Schools

Performance of this job will be evaluated annually in accordance with provisions of the Cranston School Committee’s policy on Evaluation of Administrative Personnel.

The Chief Financial Officer is part of the Central Office Administrative Staff Contract and, as such, may earn up to twenty-five (25) vacation days per year. All legal holidays shall be non-work days. Salary to be determined based on both educational and current work experience.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to stand, walk, sit, and talk or hear. Specific vision abilities required by this job include close vision and distance vision. Frequently, driving is required to meet the demands of this job. Occasionally, yet essential to this position, the individual must meet deadlines with severe time constraints and interact with the public and with other workers. The position may require the employee to work irregular or extended hours, direct responsibility for the safety, well-being, or work output of other people, and meet multiple demands from several people.

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in this environment may be loud, depending upon the activity in the particular part of the day and location.

The information contained in this job description complies with the Americans with Disabilities Act and is not an exhaustive list of the duties performed for this position. Additional duties are performed by the individuals currently holding this position, and additional duties may be assigned.

Pay: $150,000.00 - $170,000.00 per year

Benefits:

Dental insurance
Health insurance
Life insurance
Paid time off
Vision insurance

Work Location: In person

Cranston Public Schools

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