Montgomery County Public Schools
Chief Financial Officer
Montgomery County Public Schools, Rockville, MD
Job Description
SUMMARY DESCRIPTION:
Under direction, the chief financial officer (CFO) plans, directs, coordinates, and maintains an integrated financial services program to include all fiscal operations and long-range planning activities for Montgomery County Public Schools (MCPS). The CFO is responsible for planning, directing, managing and evaluating all offices and activities under the supervision of the Office of Finance ensuring work aligns and supports the overall strategy of the district. Oversees the development and implementation of the Operating Budget and works collaboratively with the Office of Facilities Management (OFM) in the development and implementation of the Capital Improvement Plan. Ensures effective leadership, planning accountability and management of all Montgomery County Public Schools (MCPS) financial accounting operations and system investments and related resources. Ensures legal and regulatory compliance with federal, state, local and Board mandates for all accounting and financial reporting functions; establishes financial policies, procedures, controls and reporting systems. Oversees cash management, cost, general accounting, and accounts receivable/collection. Collaborates with staff to support schools with accounting and fiduciary responsibilities. Works closely with other offices and departments to review fiscal data for decision making and monitoring financial activities. Serves as the principal advisor to the Board of Education and superintendent in matters related to all fiscal management and planning activities, including providing financial data and periodic reports to the Board of Education, the superintendent, and agencies, as needed.
CERTIFICATE LICENSE:
Certified Public Accountant certification preferred.
KNOWLEDGE, SKILLS, and ABILITIES:
Thorough knowledge of federal, state, local, and Board of Education laws, policies, regulations, and procedures relating to position and financial management and controls. Considerable knowledge of budget and financial management principles, practices, and processes. Familiarity with collective bargaining processes. Demonstrated ability to manage financial operations with responsibility for controlling expenditures and related activities. Considerable knowledge of generally accepted accounting principles (GAAP) and GASB concepts and updates. Strong leadership, team and project management skills. Demonstrated ability to analyze, identify, and implement information technology solutions in a complex setting. Considerable knowledge of continuous improvement principles and practices, including customer service. Demonstrated excellent management, strong problem-solving and organizational skills and ability to coordinate activities of several units. Demonstrate excellent oral and written communications and human relations skills.
EDUCATION, TRAINING, and EXPERIENCE:
Bachelor's degree required with at least 10 years of recent experience in budgeting and finance; or Master's degree and at least five years of recent experience in budgeting and finance. Experience in the supervision of employees and with demonstrated progressive leadership responsibilities. Familiarity with position budgeting and management within a large public organization and knowledge of evaluation standards for select employee groups. Or any combination of applicable education, training, and experience which provides the knowledge, abilities, and skills necessary to perform effectively in the position.
SUMMARY DESCRIPTION:
Under direction, the chief financial officer (CFO) plans, directs, coordinates, and maintains an integrated financial services program to include all fiscal operations and long-range planning activities for Montgomery County Public Schools (MCPS). The CFO is responsible for planning, directing, managing and evaluating all offices and activities under the supervision of the Office of Finance ensuring work aligns and supports the overall strategy of the district. Oversees the development and implementation of the Operating Budget and works collaboratively with the Office of Facilities Management (OFM) in the development and implementation of the Capital Improvement Plan. Ensures effective leadership, planning accountability and management of all Montgomery County Public Schools (MCPS) financial accounting operations and system investments and related resources. Ensures legal and regulatory compliance with federal, state, local and Board mandates for all accounting and financial reporting functions; establishes financial policies, procedures, controls and reporting systems. Oversees cash management, cost, general accounting, and accounts receivable/collection. Collaborates with staff to support schools with accounting and fiduciary responsibilities. Works closely with other offices and departments to review fiscal data for decision making and monitoring financial activities. Serves as the principal advisor to the Board of Education and superintendent in matters related to all fiscal management and planning activities, including providing financial data and periodic reports to the Board of Education, the superintendent, and agencies, as needed.
CERTIFICATE LICENSE:
Certified Public Accountant certification preferred.
KNOWLEDGE, SKILLS, and ABILITIES:
Thorough knowledge of federal, state, local, and Board of Education laws, policies, regulations, and procedures relating to position and financial management and controls. Considerable knowledge of budget and financial management principles, practices, and processes. Familiarity with collective bargaining processes. Demonstrated ability to manage financial operations with responsibility for controlling expenditures and related activities. Considerable knowledge of generally accepted accounting principles (GAAP) and GASB concepts and updates. Strong leadership, team and project management skills. Demonstrated ability to analyze, identify, and implement information technology solutions in a complex setting. Considerable knowledge of continuous improvement principles and practices, including customer service. Demonstrated excellent management, strong problem-solving and organizational skills and ability to coordinate activities of several units. Demonstrate excellent oral and written communications and human relations skills.
EDUCATION, TRAINING, and EXPERIENCE:
Bachelor's degree required with at least 10 years of recent experience in budgeting and finance; or Master's degree and at least five years of recent experience in budgeting and finance. Experience in the supervision of employees and with demonstrated progressive leadership responsibilities. Familiarity with position budgeting and management within a large public organization and knowledge of evaluation standards for select employee groups. Or any combination of applicable education, training, and experience which provides the knowledge, abilities, and skills necessary to perform effectively in the position.