Strategic Finance Director for Somerville Public Schools
6 days ago
About the Role:
We are seeking a highly skilled Strategic Finance Director to join our team at Somerville Public Schools. This is a fantastic opportunity for an experienced finance professional to lead our financial management and administration efforts.
Job Summary:
The Chief Financial Officer will be responsible for managing and administering the financial and business affairs of the Somerville Public Schools in such a way as to maintain the integrity of District finances and maximize financial and related resources in a manner that promotes the highest level of educational services and educational experience for the students of the Somerville Public Schools.
Key Responsibilities:
- Develop, implement, and manage comprehensive financial systems, processes, and procedures to ensure accurate accounting, analysis, and projections.
- Prepare and administer the annual budget under the supervision and guidance of the Superintendent of Schools, working with District, municipal, and community stakeholders to develop a budget that aligns with District strategies, obligations, and state and federal mandates.
- Analyze District financials on a regular basis and provide recommendations to the Superintendent and School Committee on District finances, producing monthly, quarterly, and annual financial analysis, reports, and projections.
- Direct the procurement, management, and accounting of revenue streams and expenditures associated with all District programs funded and/or administered by the Federal and State governments, private grants, revolving funds, and other sources.
- Act as the official purchasing agent for the District, ensuring compliance with all municipal regulations, processes, and MGL 30B; develop standards, specifications, and scope of services for District vendor contracts; manage the bid and contract process for procurement of District goods and services.
- Supervise and evaluate the District's supporting services, including school nutrition services, transportation services, and building rentals.
- Collaborate with Department Directors and programmatic leads responsible for grant oversight and implementation to ensure compliance and effective grant management.
- Provide fiscal oversight to ancillary programs, including school food and nutritional services, community schools program, Somerville Center for Adult Learning Experience (SCALE), all summer programs, and student activities.
Requirements:
- Moderate salary: $110,000-$140,000 annually.
- Bachelor's degree required - Master's degree preferred.
- Massachusetts Department of Elementary and Secondary Education Certification as School Business Administrator required; candidates with all other qualifications are still encouraged to apply.
- Minimum of five (5) years of experience as a School Business Administrator or similar position engaged in supervising all aspects of school finance functions.
- Experience in comprehensive school/municipal budget planning, development, and management.
- Excellent analytical skills; ability to analyze and interpret complex financial and statistical data.
- Knowledge of and experience administering municipal/school finance laws and regulations, including federal, state, and local laws and regulations pertaining to school finance.
- Excellent communication skills, including public speaking and writing skills.
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