Director of Financial Services

Job Position: Director of Financial Services

Location: West Bloomfield, MI 48324

Pay Rate: $60.00/hr

Shift: 1st

Description:

DIRECTOR OF FINANCIAL SERVICES

The Director of Financial Services supervises all accounting staff and performs the most complex accounting duties, including: fund accounting, cash management, and accounting that requires knowledge of specialized rules and regulations; prepares and monitors budgets; provides significant accounting expertise to help departments achieve fiscal goals; and performs other related duties as required.

EDUCATION AND PROFESSIONAL EXPERIENCE:

• Bachelor's degree with a major or minor in business administration, accounting, or related field.
• Experience working in school finance and/or accounting (CPA) preferred, including at least five years of supervisory experience that include budget preparation.
• Knowledgeable and proficient in computer systems for all accounting functions.
• Knowledge of principles and practices of business and public school accounting.

REQUIRED QUALIFICATIONS:

• Ability to supervise others in the financial accounting and data processing areas.
• Ability to evaluate, select and train staff.
• Knowledge of the State of Michigan 1022 Accounting Manual.
• Ability to review, analyze, and interpret governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to effectively communicate orally, in writing, and through the use of financial statements.
• Ability to establish positive, productive relationships with others; demonstrated leadership skills.
• Proficient with Word and Excel spreadsheet programs.

MAJOR DUTIES AND RESPONSIBILITIES:

• Responsible for the overall direction, coordination, and evaluation of the finance department.
• Implements and supervises all financial accounting procedures.
• Directs and maintains the accounting of all funds required.
• Supervises payroll, accounts payable, purchasing, and department functions.
• Prepares technical and statistical fiscal reports.
• Prepares monthly reports for all cash disbursements.
• Responsible for proper recording of all district revenues and expenditures.
• Establishes and maintains a departmental accounting system and procedures.
• Participates in the preparation, evaluation, justification, and maintenance of budgets for all funds, including budget preparation, budget amendments and budgetary controls.
• Prepares and balances bank statements monthly.
• Prepares records of all tax collections and state aid revenue.
• Maintains all debt principal and interest schedules.
• Prepares, reviews, and monitors all funded projects.
• Prepares quarterly Medicaid reports.
• Prepares financial statements, balance sheets, income and expense reports, and cash flow analyses.
• Compiles data and prepares reports to summarize and forecast district financial activities.
• Maintains and updates the general ledger in compliance with the Michigan 1022 Accounting Manual.
• Responsible for accounting procedures and preparation and submission of reports for all local, intermediate, state, and federal grants.
• Prepares fiscal year-end financial data and coordinates annual audit.
• Assures accurate and timely submission of the Financial Information Database (FID) report.
• Provides training in accounting procedures and the proper use of the computerized general ledger system.
• Reviews and makes recommendations for the internal control procedures.
• Maintain security related to departmental accounting codes and budget line items.
• Coordinates new software applications as it relates to the finance office.

INDT