Position: Chief Financial Officer

Primary Function:

A School Chief Financial Officer (CFO) is responsible for ensuring the fiscal and operational effectiveness of the school, supporting its educational mission, and managing all financial aspects of the institution. This includes managing accounting functions, developing and monitoring the annual budget, overseeing financial aid, and ensuring compliance with regulations.

Qualifications:

Education: Preferred a Bachelor’s degree in Accounting, Finance, Business Administration, Public Administration, or another related field.

Experience:

Minimum of 3-7 years of experience in financial management and in a financial leadership role, preferably within a K-12 public school district. Proven experience managing multimillion-dollar budgets and successfully leading cross-functional teams. Demonstrated experience with Indiana school funding formulas, fund structures (particularly property tax-based fund structures), and reporting systems (e.g., Gateway, DOE-ME, Form 9, etc.

Responsible to: Superintendent – Board

Contract: 260 Days - Competitive Salary and Administrative Benefit Package commensurate with experience

Start Date: May 19, 2025 or as soon as one could start

Position Overview:

The Chief Financial Officer (CFO) is a key member of the school corporation’s executive leadership team, responsible for managing and overseeing all financial operations. The successful CFO is responsible for establishing, maintaining, and monitoring the system of internal controls that aligns with state laws, regulations, and accounting best practices. This position ensures fiscal responsibility, strategic financial planning, operational transparency, and compliance with all local, state, and federal regulations. The CFO serves as the Corporation Treasurer and is appointed by the Board of School Trustees. The CFO plays a critical role in supporting the educational mission by maximizing the effective use of financial resources and aligning the budget to corporation goals and priorities.

Position Responsibilities:

Develop and manage the preparation of the corporation’s annual budget across all funds (Education, Operations, Rainy Day, Debt Service, and federal grant funds), in accordance with Indiana Code (IC) and Indiana Department of Education (IDOE) guidelines.
Oversee all financial operations, including accounting, purchasing, accounts payable/receivable, payroll, procurement, grant reporting, and financial reporting.
Direct and lead short and long-range financial forecasting and planning, including enrollment forecasting and facilities planning (e.g., 5-year forecast, etc.) in collaboration with the Superintendent and Board of School Trustees.
Prepare and submit required financial documents to the Indiana Gateway for Government Units, Indiana State Board of Accounts (SBOA), and IDOE.
Advise and inform the Board of School Trustees and Superintendent on financial implications of local, state, and federal policy decisions.
Lead the corporation’s Annual Budget Workshop and public hearing processes as required by IC 6-1.1-17.
Ensure budget alignment with strategic goals and priorities.
Monitor and manage cash flow and revenue collection from various sources, such as the Indiana Department of Local Government Finance (DLGF), property tax disbursements, and school-based fees.
Provide fiscal analysis, reporting, and support to collective bargaining and contract negotiations with certified and classified employee groups (e.g., budget forecasts, cost analyses, fiscal impact analyses, etc.).
Identifies areas of financial risk and implements controls to mitigate risk as an essential responsibility.
Supervise Finance Department personnel, ensuring operational effectiveness and adherence to documented system of internal controls.
Prepare and present financial reports to the Board of School Trustees, Superintendent, and community stakeholders.
Monitor corporation expenditures to ensure compliance with applicable laws, policies, and grant requirements.
Direct the preparation and filing of required federal, state, and local financial reports.
Supervise and evaluate department staff, including budgeting, accounts payable/receivable, and payroll.
Collaborate with other departments to support financial planning for student services, capital projects, transportation, technology, staffing needs, operational efficiency, and instructional initiatives.
Establish and manage relationships with auditors, banks, investment firms, and bond counsel.
Establish and ensure strong internal controls and safeguard the corporation’s assets.
Oversee the management of the corporation’s insurance programs and risk management strategies.
Direct, lead, and monitor initiatives for financial technology improvements and automation of critical fiscal processes.
Maintain compliance with federal programs, such as Title grants and IDEA and ensure proper tracking of restricted funds.
Serve as Treasurer under Indiana Code § 20-26-4-1
In addition to duties and obligations to the Superintendent, fiduciary duty and reporting to the Board of School Trustees as the chief fiscal agent of the school corporation.

Application Instructions:

Any interested applicants should apply online by going to the Oak Hill Human Resources webpage and clicking on the link at the bottom that says Apply Online for Open Positions.

All questions can be directed to Dr. Sheri Hardman, Superintendent at 765-395-3341 x 1101 or by email sheriha@ohusc.k12.in.us.

Oak Hill United School Corporation

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OHUSC Chief Financial Officer