Job Description
Description
Part-Time Chief Financial Officer
The Part-Time Chief Financial Officer (CFO) is responsible for overseeing and managing the financial operations of the district. This role ensures financial health, regulatory compliance, and sound financial practices in line with Texas Education Agency (TEA) standards. The CFO will work closely with the school board, administrators, and other staff members to implement effective financial policies and provide leadership on all finance-related matters.
Qualifications Required
To comply with the Texas Education Agency requirements for financial officers in charter schools, candidates must have:
Minimum Education Requirements: Master's degree in finance, accounting, business administration, or a related field; a CPA or MBA or Accounting is strongly preferred.
Experience Requirements: At least 3-5 years of progressive experience in financial management, preferably within a public school or nonprofit organization.
Knowledge of the Texas Education Code and TEA Financial Accountability Standards: Familiarity with TEA's Financial Accountability System Resource Guide (FASRG) and other relevant state financial policies is essential.
Ethics and Professional Responsibility: Demonstrated commitment to ethical financial management in accordance with the Texas Education Agency's guidelines and standards.
Key Management Duties
1. The CFO will perform the following primary duties:
Financial Planning and Budgeting
Develop, monitor, and manage the annual budget in alignment with the school's strategic goals.
Oversee financial forecasting and modeling to support long-term planning and growth.
Conduct regular budget reviews with school leaders and provide recommendations for adjustments.
2. Financial Reporting and Compliance
Prepare and submit accurate financial reports, including monthly, quarterly, and annual reports required by TEA and the school board.
Ensure compliance with TEA regulations and local, state, and federal financial laws, including timely submission of audit reports.
Lead preparation for annual audits and collaborate with external auditors as required.
3. Revenue and Expenditure Oversight
Oversee accounts payable, accounts receivable, payroll, and general ledger functions.
Ensure proper allocation of funds in accordance with TEA requirements and guidelines.
Monitor and approve major expenditures, contracts, and procurements to maintain fiscal responsibility.
4. Risk Management
Oversee the school's insurance policies, risk assessments, and mitigation strategies.
Ensure internal controls are in place to safeguard assets and prevent fraud or mismanagement.
5. Funding and Grant Management
Manage federal, state, and private grants, ensuring compliance with grant requirements and proper allocation of funds.
Identify and apply for additional funding sources to support school programs and initiatives.
6. Collaboration and Strategic Leadership
Provide financial insights to the school board, superintendent, and other key stakeholders to support strategic decision-making.
Act as a financial liaison between the school and external agencies, including the Texas Education Agency and grant organizations.
Supervisory Skills Required
In addition to core financial management skills, the CFO should possess the following supervisory and leadership skills:
1. Staff Supervision and Development
Ability to lead, mentor, and supervise accounting or finance staff (if applicable), setting clear expectations, goals, and performance metrics.
Foster a collaborative team environment and promote ongoing professional development.
2. Strong Analytical and Problem-Solving Skills
Use data analysis to make sound financial decisions, anticipating potential issues and implementing proactive solutions.
Demonstrate strong analytical abilities to monitor financial performance and ensure school resources are utilized effectively.
3. Effective Communication and Presentation
Communicate complex financial information clearly and concisely to board members, administrators, and stakeholders.
Present financial updates and recommendations in a way that is accessible and actionable for non-financial staff.
4. Organizational Skills and Attention to Detail
Strong organizational skills to manage multiple responsibilities and deadlines effectively, ensuring accuracy in all financial reports and documents.
5. Adaptability and Strategic Vision
Display flexibility to adapt to the dynamic needs of a charter school environment and contribute strategic insight for school growth and financial sustainability.
The foregoing statements are intended to describe the general nature and level of work being performed by employees assigned to this job title. They are not intended to be construed as an exhaustive list of all responsibilities, duties, knowledge, skills, and abilities required.
All TCS employees are at will.
Trinity Charter Schools, pursuant to Chapter 22 of the Texas Education Code, will fingerprint and conduct a criminal background check on applicants. Employment is contingent upon the successful completion of the criminal background check. Trinity Charter Schools
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