Midland ISD · 6 hours ago
Executive Director. Financial Services
Midland, TX
Full-time
Onsite
Lead/Staff, Director/Executive
5+ years expMidland Independent School District is seeking an Executive Director of Financial Services to manage all financial and business affairs of the district. This role involves providing strategic financial leadership, ensuring compliance with financial regulations, and overseeing budgeting and financial reporting to maintain the district's financial integrity.
Education
Responsibilities
Keep the CFO informed of all business affairs and serve as a technical advisor on the financial condition of the district
Work with district personnel to project student enrollment, staffing needs, and capital equipment requirements for long-range financial planning
Ensure the integrity of all district accounting records and financial reports in accordance with standards prescribed by the Texas Education Agency (TEA) and the Generally Accepted Accounting Principles (GAAP)
Prepare and deliver professional written and oral presentations to the Board of Trustees, principals, and community groups as needed
Support the CFO as a designee to invest district funds to maximize return while ensuring they are protected and meet cash flow needs
Ensure PEIMS data is accurate prior to submission sent to TEA
Ensure the district is in compliance with spending requirements, federal drawn downs and spending requirements
Compile district, campus, and program budgets; monitor budget variances and oversee necessary adjustments
Create a monthly budget forecast based on actuals and projections of revenue and expenses, and keep the CFO updated on suggestions to ensure long-term financial solvency
Establish and maintain working procedures with auditors and the bank depository; oversee federal fund applications and audits
Ensure that all financial obligations of the school district (accounts payable, notes payable, bonded indebtedness, and payroll) are met on a timely basis
Maintain internal control procedures to safeguard assets, ensure reliability of accounting data, and promote operational efficiency
Serve as the primary district liaison with each 1882 partnership regarding financial matters
Calculate and forecast state and local revenue allocations for all In-District Charters every six-week attendance period and during TEA final settle-ups
Summarize and adjust budget allocations for partnerships after every attendance period and communicate these adjustments to partners
Provide financial analysis, forecasting, and planning for potential future partnerships through the Call for Quality Schools process
Review and analyze SB 1882 Partnership agreements for financial implications and ensure the Chart of Accounts for partners aligns with GAAP and TEA requirements
Define and evaluate job performance expectations for direct reports and develop staff training plans to ensure a high-performing finance team
Provide annual PTA/Booster Club training to the appropriate audiences
Continuously evaluate and improve the efficiency of accounting, payroll, purchasing, state and federal, budget and warehouse services
Formulates, with the Chief Financial Officer, an annual Executive Director of Finance Professional Development Plan
Observe professional and ethical standards, in accordance with generally accepted community standards and the Texas Education Agency code of ethics and maintain an extreme degree of confidentiality
Perform other duties as assigned
Use information and insights provided through assessment instruments, district appraisal process, evaluative feedback from line supervisors, and professional development programs to improve performance
Provide leadership in addressing challenges facing the profession; pursue professional development activities; disseminate ideas and information to other professionals
Achievement of an "unmodified" annual audit and maintenance of a "Superior" FIRST (Financial Integrity Rating System of Texas) rating
High level of accuracy in enrollment and revenue forecasting for both the district and 1882 partners
Timely and accurate execution of payroll and accounts payable
Qualification
Required
Bachelor's degree in accounting/finance or related field required
Minimum of five years of management experience (public education or private sector)
Demonstrated experience supervising finance or accounting teams and managing large-scale budgets
Advanced knowledge of school finance, budgeting, accounting systems, and economics
Demonstrated leadership skills and the ability to manage a large budget and diverse personnel
Expertise in data interpretation, specifically with complex formula calculations and financial applications
Strong communication and interpersonal skills to articulate the district's mission to the community and board
Preferred
Master's degree in business or education administration preferred
CPA license or Texas Association of School Business Officials (TASBO) certification preferred
Company
Midland ISD
Midland Independent School District
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Darrell Dodds
Chief Financial Officer
Tucker Durham
Chief Financial Officer
Recent News
Government Technology US
2025-04-03
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