Senior Director of Finance

Company: The Illinois Association of School Administrators
Location: Oak Park
Posted on: May 23, 2023

Job Description:

The Senior Director of Finance assists in the management of all financial aspects of the District including debt, cash management, accounts payable, payroll, and transportation. ESSENTIAL FUNCTIONS:

• Prepares reports for the Board of Education including the monthly treasurer's report.
• Prepares and files required forms with ISBE Regional Office of Education, State and federal agencies.
• Provides status of financial condition by collecting, interpreting, and reporting financial data.
• Reconciles monthly all cash and investment general ledger account balances to corresponding financial institution statements.
• Oversees the purchasing program.
• Assists in the coordination and preparation of the annual budget and achieves budget objectives by scheduling expenditures; analyzing variances and initiating adjusting journal entries.
• Monitors and approves revenues and expenditures for Student Activity Accounts.
• Reconciles monthly all cash and investment general ledger account balances with corresponding financial institution statements.
• Maintains record of all current investments and provides information to the Assistant Superintendent for Finance & Operations and other authorized District Staff on investment activities when requested.
• Maintains and updates annually the capital asset inventory.
• Closes financial year-end (e.g., general ledger, petty cash accounts, purchase order files, computer records/files, and other applicable financial accounts).
• Oversees and assists the Assistant Superintendent for Finance & Operations with the annual audit, the Annual Financial Report, and the Annual Statement of Affairs.
• Manages business office staff and day-to-day operations based on direction provided by the Assistant Superintendent.
• Oversees and assists in the preparation of payroll, payroll liabilities, and payroll reporting.
• Oversees and assists in the processing and preparation of purchase orders, cash reconciliations, and cash payments.
• Oversees and assists the transportation planning and function.
• Review purchase requisitions for proper coding and approval
• Oversees and maintains revenue posting.
• Serves as primary backup for payroll and accounts payable.
• Oversees and maintains the general ledger including the chart of accounts, adjusting journal entries, and budget journal entries according to the Illinois Public Accounting Manual.
• Other duties assigned. Qualifications
  • Bachelor's Degree (B.A.) with accounting or finance major from a four-year college/university.
  • Certified Public Accountant, preferred.
  • Valid Professional Educator License (PEL) with Chief School Business Official (CSBO) endorsement, preferred.
  • Financial management and accounting experience/background
  • Experience with general ledger functions and the month-end/year end close process.
  • Experience using accounting software for schools (knowledge of Alio Financial Software a plus).
  • Experience processing payroll, payroll liabilities, and payroll reports. Salary/BenefitsCompetitive and commensurate with experience. How to Applywww.op97.orgLink to District/Third Party Online Application Web Page

Keywords: The Illinois Association of School Administrators, Oak Park , Senior Director of Finance, Executive , Oak Park, Illinois