Lake Worth ISD - Chief Financial Officer

Job Details

Region: 11
School District/Employer: Lake Worth ISD
District Category/Employer: Central Office,
Position: ,
Assignment Level: Area
  • Business/Finance
Job Title: Chief Financial Officer
School: Lake Worth ISD
Campus Description: Lake Worth ISD serves a diverse and fast-growing community, and while keeping pace with the ever-changing landscape the district holds true to its history of excellence.

The District serves more than 3,500 students in Tarrant County. With one Early Learning Academy, three Elementary Schools, one Middle School, and one High School, Lake Worth ISD enjoys a diverse student population and strong community partnerships.

Lake Worth ISD employs more than 500 staff members. Everything Lake Worth ISD employees do is focused on providing an exceptional educational experience for students whether it be teaching in the classroom, maintaining the facilities our students use or offering support and guidance for students and staff alike.

Under the leadership of the superintendent and the Board of Education, the District is undergoing a series of initiatives that will redesign, transform, and revitalize Lake Worth Schools.
Date Posted: 9/20/2023
Deadline: Until Filled
Openings: 1
Commitment: Full Time
Description/Notes: Primary Purpose:

Responsible for oversight of all financial and business affairs of the district. Provide leadership for the districts financial services activity to ensure legally sound and effective management practices. Direct and monitor the management and investment of all district funds and ensure they are adequately protected. Serve as chief financial advisor and budget advisor to the superintendent and board of trustees.

Major Responsibilities and Duties:

1. Provide organizational leadership to assigned departments as directed by the superintendent.
2. Ensure preparation and integrity of all district general accounting records and related financial reports using accepted standards for school accounting as prescribed by the Texas Education Agency.
3. Develop long-range and short-term objectives for districts business operations and prepare district budget. Monitor budget variances and oversee budget adjustments.
4. Act as financial advisor to the superintendent and board of trustees and keep them informed of the financial condition of the district.
5. Maintain the districts investment portfolio. Supervise and coordinate the investment of all available funds to the best interest of the school district and ensure that these funds are adequately protected against loss at all times.
6. Ensure that all financial obligations of the school district (accounts payable, notes payable, bonded indebtedness, and payroll) are met on a timely basis.
7. Implement and maintain internal control procedures to ensure the safeguarding of assets and reliability of accounting data and to promote operational efficiency and ensure adherence to prescribed procedures.
8. Oversee the auditing program for all district funds and work cooperatively with the districts independent and internal auditors in conducting periodic audits.
9. Administer the business office budget and ensure that programs are cost effective and funds are managed prudently.

Policy, Reports, and Law

10. Implement policies established by federal and state law, State Board of Education rule,
and local board policy in the area of business.

11. Compile, maintain, and file all physical and computerized reports, records, and other documents required including preparing and evaluating monthly financial statements and related budget reports, preparing quarterly and final reports for all federal funds and grants, developing semi-annual financial information for submission of data to TEA, and preparing and publishing comprehensive annual financial report in compliance with Association of School Business Officer (ASBO) standards.
12. Evaluate all federal legislation, projects, and programs for grant, entitlement, and allocation opportunities relevant to the needs of the district.
13. Inform superintendent or other administration of the effects of current and impending legislation.
14. Participate in the drafting of project proposals and reports, including the writing and development of program goals, objectives, and budget for federal/special funding of programs.
15. Evaluate all requests for projects and programs requiring federal/special money.
16. Develop and coordinate a continuing evaluation of the federal/special programs and implement changes based on the findings.
17. Follow district safety protocols and emergency procedures.
18. Attend board meetings regularly and make presentations to the board.
19. Ensure compliance with local, state, and federal laws regarding human resources management and development. Stay abreast of state and federal public policy changes that could impact the district.
20. Select, train, evaluate, and supervise department staff and make recommendations relative to assignment, retention, discipline, and dismissal.
21. Facilitate communication and collaboration among assigned department personnel, district personnel, and campus administrators to enhance service delivery, program development, and customer satisfaction.
22. Other duties as assigned.

Supervisory Responsibilities

Supervise, evaluate, and recommend the hiring and firing of personnel in the Business department and other assigned departments.
Qualifications: Qualifications:

Bachelors degree in Business related field
Certified Public Accountant or MBA strongly preferred
Experience in school financial accounting and fiscal analysis required
Extensive knowledge in using financial management and data processing software applications including productivity and presentation software programs
Excellent organizational skills
Excellent oral and written communication skills
Effective interpersonal skills
Effective leadership skills
TASBO certification strongly preferred

Special Knowledge/Skills
Advanced technical knowledge of school finance, budgeting, accounting systems, and economics
Skyward software experience preferred
Knowledge of public school child nutrition service requirements, regulations and operations
Strong communication, public relations, and interpersonal skills
Ability to use personal computer and software to develop spreadsheets, perform data analysis, and do word processing
Ability to implement policy and procedures
Ability to interpret data
Ability to manage budget and personnel
Ability to coordinate district functions

Minimum five years experience in public school business management preferred
Salary Range: $127,943 - $152,313 (Midpoint)
Benefits: Medical Insurance
Plans are available from TRS ActiveCare the district contributes $275.00 per month for
each employee enrolled.
Employer Paid Life Insurance
A $50,000 policy is offered at all employees at no cost through OneAmerica Insurance.
Employer Paid Telehealth
MDLive provides 24/7/365 access to board certified doctors via telephone or video
consultation at no charge for you and your dependents.
Employee Assistance Program
OneAmerica provides support, resources and information for personal and work-life
issues, confidential and provided at no charge for you and your dependents.
403(b) Retirement Plan
Tax-Deferred growth, investment options, flexibility: start, stop, and adjust your
contributions throughout the year.
Perfect Attendance Stipend
Incentive of $ 500.00 per semester for Campus Employees
Referral Incentive Stipend
LWISD Employee may receive up to $500 per referral
How To Apply: Please go to the Lake Worth ISD "Careers" webpage and click on Administrator Positions. A committee will be pulling applications and resumes from this online resource to determine candidates for interviews.

Contact Person:

Name: Joel Brent McClain
Address: 6805 Telephone Road
City: Lake Worth
State: TX
Zip: 76135-2899
Phone: 18173064200
Fax: (817) 237-5131