Job Description
Job Title
Position: Deputy Chief Financial Officer
Location: Finance
Salary: $163,274 - $195,000
Reports to: Chief Financial Officer
Bargaining Unit: N/A
Benefits Eligible: Yes
Telecommuting Eligibility: Eligible for telecommuting up to 20% (one day per week)
Position Summary
The Deputy Chief Financial Officer will oversee all financial activities of the school district, which will include developing a financial and operational strategy aligned with DPS/DPSCD strategic plan.
Minimum Qualifications
- Must possess a Bachelor`s Degree; master's degree in accounting, business administration or a related field.
- This position requires seven (7+) years of experience, including three (3) or more years in a senior finance and/or operations function in K-12 (oversight of over $50M preferred).
- Experience implementing systems and processes to support the successful operation of an urban school district.
- Experience with PeopleSoft or similar ERP system.
Essential Functions
- Assists the CFO in providing strategic recommendations to enhance the district¿s financial health and performance based on detailed analysis and projections, cost identification and allocation, as well as revenue/expense analysis
- Assist in managing financial functions including cash management, audit, risk management, procurement and logistics, grants and budget development
- Supports the refinement of financial infrastructure and management, including long-term forecasting and budgeting procedures, cash flow management, grant and contract management, and compliance
- Supports the issuance and ongoing management of district debt, including general obligation bonds, capital financing, debt service scheduling, and coordination with bond counsel, financial advisors, and rating agencies.
- Helps ensure that DPS/DPSCD meets all financial and regulatory compliance mandates, including annual tax filing, audits, and grant reporting; serves as liaison with state officials as needed in coordination with the CFO.
- Develops and automate processes for procurement, grant tracking, general ledger, and financial reporting.
- Oversees financial compliance for federal education programs, including Titles I-IV, IDEA, child nutrition, and other federal grants, ensuring adherence to Uniform Guidance (2 CFR 200), time-and-effort requirements, and Single Audit standards.
- Develops a school-based budgeting system that allows principals control over their budgets and decisions making.
- Helps ensure that the necessary organizational structures, policies, and procedures are in place to reflect the transformed DPS/DPSCD that creates as much autonomy at the school level as possible while ensuring there is accountability at all levels.
- Identify, develop, and implement operational process improvements to ensure high organizational efficiency and effectiveness of the district¿s central office functions to better serve schools and students.
- Supports excellence in delivery of key services to district schools and students, including grant, budgeting, and financial technology.
- Assists the CFO in overseeing central office operational functions, including finance, procurement, risk management, and grant compliance.
- Provide the Chief Financial Officer a clear picture of financial health on an ongoing basis, highlighting progress, challenges, and critical financial decisions.
- Prepares financial reports, budget materials, and analyses for the CFO
- Communicates and build commitment to district systems and policies among key constituents.
- Provide hands-on management of Division of Finance team members, including providing regular feedback, coaching and direct support to ensure all team members are operating at a high level and coordinating effectively and cross-functionally.
- Ensure that all office staff provide responsive, courteous and helpful customer service to the schools, staff and other stakeholders they serve.
- Serves as acting Chief Financial Officer in the CFO's representing the Office of Finance to the Superintendent, School Board, and external stakeholders as needed.
- Perform other duties as assigned by the Chief Financial Officer.
Security Clearance
Internal Applicants
If you are a current Detroit Public Schools Community District employee, you do not have to submit a new security clearance, unless your new role requires a different type of criminal background check.
External Applicants
In alignment with Michigan law, if you are hired to fill a position, you will be required to submit to a Detroit Public Schools Community District criminal background check. Information regarding required background checks will be shared at the point of hiring.
Method Of Application
Applicants must apply through the online application system. Only applications submitted through the online application system will be considered for any posted position and all applications require a resume to be considered.
Successful candidates are required to submit official transcript(s) at point of offer to hire. Teaching service outside of the Detroit Public Schools Community District must be verified by the applicant's prior employer(s) prior to hire. It is the applicant's responsibility to provide all documentation (including copies) as requested.
Applicants requesting assistance during the application process should contact the Office of Human Resources via email at [email protected] or phone at (313) 873-6897.
DPSCD does not discriminate on the basis of race, color, national origin, sex, disability, age, religion, Contact the Civil Rights Coordinator for more information at (313) 240-4377 or detroitk12.org/compliance.
