Chief Financial Officer

4 days ago


Billings, Montana, United States Billings Public Schools Full time
Job Title: Chief Financial Officer - Business Office

Billings Public Schools is seeking a highly skilled and experienced Chief Financial Officer to join our team. The successful candidate will be responsible for providing strategic leadership in financial and budgetary matters, advising the Superintendent and School Board while overseeing all business and finance functions.

Key Responsibilities:
  • Establish, plan, and monitor both the Business Services budget and the overall District budget.
  • Manage liability insurance, 403b savings plan, and self-funded health insurance.
  • Oversee the District's transportation and food service departments.
  • Ensure compliance with GAAP standards across all accounts, ledgers, and reporting systems.
  • Maintain internal control and safeguards for revenue, costs, and program budgets.
  • Prioritize work, schedule staff, and ensure quality work products under tight timelines.
  • Ensure accurate and timely preparation of accounts payable/receivable and implement effective monitoring, verification, and coding procedures.
  • Collaborate with IT staff in system design, implementation, and modernization to gain efficiencies and improve financial performance.
  • Present accurate and timely financial reports and statements; keep senior leadership informed about the financial status of the District.
  • Manage organizational cash flow forecasting and oversee the budgeting process, working with a strategic planning team.
  • Monitor the performance of invested assets.
  • Oversee the District's compliance with GASB requirements, including GASB #73, 75, 87, 96.
  • Coordinate information requested by independent external auditors for the District's annual audit.
  • Develop financial reports and projections to support long-range financial planning, budgeting, and forecasting.
  • Assist the Board of Trustees and district administration in formulating policies and developing appropriate accounting and fiscal procedures.
  • Conduct performance reviews, approve time-off requests, supervise staff training, and handle general administrative functions.
  • Review and implement changes to financial and accounting procedures to increase efficiency and effectiveness.
  • Work closely with unions and human resources on financial aspects of labor agreements, ensuring that budgetary considerations align with negotiated contracts and long-term strategic goals.
Requirements:
  • Graduate/Master's degree in Business Administration or equivalent experience.
  • Thorough knowledge of GAAP and FASB, with preference for knowledge of GASB.
  • Certified Public Accountant (CPA) strongly preferred.
  • Minimum of 10 years of relevant work experience.
  • At least 5 years of related experience in school district or local government accounting.
  • Minimum of ten (10) years of accounting experience with progressively responsible financial leadership roles.
  • Extensive supervisory experience, including the ability to supervise, mentor, and develop staff across multiple departments or functional areas.
  • Proven ability to lead teams through complex projects and initiatives, fostering a collaborative environment that encourages innovation, accountability, and results-oriented performance.
  • Experience in developing and implementing strategic plans that align team objectives with organizational goals.
  • Strong capability in resolving conflicts and addressing employee concerns with tact and diplomacy, maintaining a positive and productive work environment.
  • Leadership in guiding teams through organizational change, including the ability to communicate effectively about changes, address resistance, and ensure smooth transitions that maintain morale and productivity.


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