
Director of Finance
Lakeville Area Schools ISD 194, Lakeville, MN, United States
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The Director of Finance is responsible for managing the budgetary financial functions of accounting, payroll, reporting, analysis, and preparation of general business and financial affairs of Lakeville Area School in an effort to provide the best possible educational programs and services in the most efficient manner possible.
Responsibilities
- Assist the Executive Director of Business Services in oversight of all School District budget preparation, coordinate and manage the budget development process, and oversee the appropriate procedures in budget development, preparation, and control. Manage and coordinate the preparation of all District budget booklets.
- Conduct budgetary scenario development, analysis, prepare, and develop management reports as needed in an appropriate format as required by administration, Finance Advisory Counsel and School Board. Develop, review, and recommend policy, methods, and procedures relating to the efficient and effective accounting of School District funds.
- Development, implementation, and maintenance of financial tools to help monitor current year financial performance as well as assist with the determination of long‑range financial planning goals.
- Establish and maintain internal controls over financial reporting, and administer and update a financial system that will accurately reflect the financial operations of the School District.
- Administer School District accounting functions consistent with established GASB and UFARS guidelines.
- Project and maintain adequate records of School District cash flow and make recommendations for investments or borrowing with the degree of security prescribed by statute.
- Determine and assign proper classification and reporting of all financial transactions in accordance with UFARS and GAAP.
- Oversee severance/retirement payments and ensure they are made in accordance with contract language.
- Perform all long‑term debt management activities.
- Ensures that financial internal controls, policies, and procedures are adhered to district‑wide.
- Manage the financial requirements in the preparation of local, state, and federal applications and reporting.
- Assist in organizing and supervising finance staff for year‑end closeout and annual external audit.
- Work with external auditors and actuaries.
- Assists in supervision and provides support to Business Office and Payroll staff regarding department procedures and program requirements for the purpose of ensuring efficient processing in compliance with district policy and established regulatory guidelines.
- Manages payroll processing and reconciliation.
- Serves as the district first point of contact for complex payroll matters. Accepts and resolves employee issues and/or questions relative to compensation, benefits and/or related contract issues when payroll staff are unable to reconcile. Provides payroll communications to employees in order to resolve payroll discrepancies in a timely manner.
- Maintains current knowledge of all collective bargaining agreements and individual employment contracts as they apply to payroll and benefits. In partnership with Human Resources, applies terms of contract settlements to the salary schedules and calculates retroactive payroll accordingly.
- Oversees payroll processing, ensuring accuracy, compliance, and timely distribution.
- Prepares payroll‑related reports for management, state, federal and local agencies.
- Attends staff development opportunities offered through MDE, MASBO, ASBO, and various financial firms. Serves on the District Finance Advisory Committee.
- Coordinates the retention and destruction of Business Office records.
- Other duties as assigned.
Qualifications
- Bachelor's degree in Accounting, Finance or related field required.
- Five to seven years of finance experience, including supervision, training and motivation of personnel is required. School finance experience preferred.
- Excellent verbal, written and electronic communication skills.
- Efficient in Google Docs and Microsoft Office products.
- Ability to perform multiple, highly complex, technical tasks with minimal supervision and support.
- Ability to use a computer and other related technology to communicate, collaborate, conduct research and problem solve.
- Managerial skills including planning, budgeting, supervision, problem‑solving, conflict resolution, and team collaboration.
- Certified Public Accountant (CPA) license preferred.
- Certified Administrator of School Finance and Operations (SFO) preferred.
Schedule
- Monday - Friday
- 8 hours per day
Salary
- $130,000 - $140,000
Benefits
- Paid vacation, personal, and sick leave
- 12 paid holidays each year
- Employees are eligible for benefits on Day One of employment.
- All employees working a 0.75 FTE or 30 hours per week or more are offered full‑time benefits including low‑cost medical, dental, vision, prescription drug, and legal insurance plans.
- Teachers are offered health and dental benefits at a 0.50 FTE or more.
- All staff working 20 to 29.99 hours per week are offered part‑time voluntary benefits including low‑cost vision and legal insurance.
- Health benefits include:
- added networks that give employees access to many medical services at ZERO COST
- free virtual healthcare services that offer access to doctors and licensed therapists 24/7
- free diabetes care and heart health prevention programs
- provider choice with the largest PPO network available
- wellness rewards program
- Dental plans include orthodontic care for adults and children.
- 403(b) retirement investment account offerings to help you save for the future with employer matching offered under many collective bargaining agreements.
- Pension plan that provides income when you retire (for more information, visit PERA for non‑instructional positions and TRA for instructional/licensed positions).
- Staff over 30 hours per week are offered employer paid life insurance to provide support for your family in the event of death (offered to teachers at 0.50 FTE or more).
- Staff over 30 hours per week are offered Long‑term disability insurance that can provide income if you are unable to work due to illness or injury (offered to teachers at 0.50 FTE or more).
- Tax‑free flex spending accounts for health, dental, orthodontic, vision, and dependent care.
- Resources that provide support and promote physical, emotional, social, and financial well‑being.
Employee Assistance Program (EAP) For Work/life Support
- Under our EAP, employees and their families can receive no‑cost, confidential information help for a wide variety of needs and concerns: anxiety, childcare, eldercare family conflict, parenting concerns, alcohol or drug addictions, stress management, and more.
- Virtual Fitness Services: easily accessible, effective and affordable way to reach your fitness goals any time, anywhere for better health and well‑being.
Career Support
- Training, classes, and professional development
- Federal Public Loan Service Forgiveness Program. Some positions may qualify for the Public Services Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities and supports workforce diversity.
Internal and External applicants apply online
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