Broward Chief Financial Officer Job Description

THE SCHOOL BOARD OF BROWARD COUNTY, FLORIDA
JOB DESCRIPTION
POSITION TITLE: Chief Financial Officer

JOB CODE: A-020
CLASSIFICATION: Exempt
SALARY BAND: S
BARGAINING UNIT: ESMAB
REPORTS TO: Superintendent of Schools
CONTRACT YEAR: Twelve Months
POSITION GOAL:
To provide direction and oversight for District finances, including development of a sound financial strategy, metrics that tie into
the District’s overall strategy, leadership and control systems designed to preserve District assets.
ESSENTIAL PERFORMANCE RESPONSIBILITIES:

The Chief Financial Officer shall carry out the essential performance responsibilities listed below:
• Supervise staff as assigned in the performance of job duties.
• Manifest professional code of ethics and values.
• Serve as a key member of the Superintendent’s leadership team, providing financial and operational oversight in support of
the District’s strategic plan.
• Oversee management of the financial accounting functions for the District, including but not limited to preparation and
monitoring of operational and capital budgets, accounting and reporting procedures, grants administration, investment of
funds, and long-range District financial planning.
• Maintain a system of internal controls to safeguard the assets of the District, ensuring the highest level of accountability for
public funds.
• Direct and oversee the preparation of the Annual Comprehensive Financial Report (CAFR) in accordance with state and
federal agencies and conformity with Generally Accepted Accounting Principles (GAAP).
• Oversee the preparation and submission of required reports to the Florida Department of Education and School Board, in
accordance with publishing requirements.
• Supervise the preparation and submission of required reports to the School Board.
• Coordinate the preparation of required financial schedules for the School Board’s annual financial statements and single
audits performed by the State of Florida Auditor General and other entities.
• Work closely with external auditors in the auditing of the District’s financial records.
• Monitor and report compliance with financial indicators, such as the Dollars-to-Classrooms ratio, general fund balance, etc.
• Lead the various financial operational units within the District, including finance, accounting, tax, payroll, budget, accounts
payable and other respective areas.
• Collaborate with the staff of the Auditor General and oversee responses to and corrective actions of audit findings.
• Develop, monitor, and oversee budgets in the areas of finance, accounting, tax, payroll, accounts payable and other
respective areas.
• Responsible for the overall direction, coordination, and evaluation of staff responsible for payroll, budget, finance, and
accounting functions in accordance with the District’s policies and applicable laws.
• Oversee the preparation and filing of all required tax returns and regulatory reports, including W-2s, 1099s and 941 Forms.
• Establish and maintain effective and sound internal controls for all aspects of cash receipts, investment activities, accounts
payable, payroll, accounting, and reporting functions; oversee long and short-term cash projections and cash management
activities.
• Oversee the development and timely filing of required reports to State regulatory agencies, including the “Truth in Millage”
TRIM law compliance report and, property tax millage certification.
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Chief Financial Officer (cont.) SBBC: A-020
• Oversee the preparation and development of a financially feasible five-year capital work program by the capital budgeting
unit, incorporating corrective measures as needed.
• Oversee the preparation of the annual operating and capital budget and presentation of the budget to the School Board.
• Ensure effective management of financial resources by developing effective short- and long-term investment strategies,
overseeing the management of commercial banking activities, and overseeing debt (bond) issuance and financing activities
for capital expenses.
• Develop and maintain effective working relationships with rating agencies.
• Oversee the management of investment and debt (bond) portfolios.
• Ensure all interested parties remain informed about Broward County School District funding requirements and financial
matters by effectively communicating through reports, serving on committees, meetings, and presentations with the
Superintendent, School Board, Florida Department of Education, legislators, outside agencies, legislative consultants, and
the community to enhance and protect the District’s financial position.
• Ensure compliance with legal requirements of budget advertising and hearing rules and regulations.
• Ensure effective management practices are in place by utilizing appropriate strategies and problem-solving tools for decisions
concerning planning, utilization of funds, service delivery and evaluation of services provided.
• Perform and promote all activities in compliance with the equal employment and non-discrimination policies of The School
Board of Broward County, Florida.
• Participate in training programs offered to enhance the individual skills and proficiency related to the job responsibilities.
• Review current developments, literature and technical sources of information related to job responsibilities.
• Ensure adherence to safety rules and procedures.
• Follow federal and state laws, as well as School Board policies.
• Perform other duties as assigned by the immediate supervisor, or designee.
MINIMUM QUALIFICATIONS & EXPERIENCE:

• An earned master’s degree from an accredited institution in finance, accounting, business administration or a related field.
Or
• An earned bachelor’s degree from an accredited institution in finance, accounting, business administration or a related field
and a valid certification in public accounting (CPA). Attainment of Florida certification in public accounting (CPA) within the
first eighteen (18) months of employment.
And
• A minimum of ten (10) years of progressively more responsible leadership experience and training in a field related to the
responsibilities of the position.
• Previous finance experience in Education.
• Demonstrated knowledge of advanced accounting theory and practice, cash management, investment strategies, public debt
financing, budgeting, fully integrated financial management systems (ERP) and applicable federal and state rules, regulations,
and policies.
• Extensive supervisory experience in preparation and submission of financial reports monitoring and reporting on the status
of projects; controlling and monitoring all aspects of accounts payable, payroll, accounting, and financial reporting functions;
making administrative decisions.
• Computer skills as required for the position.
PREFERRED QUALIFICATIONS & EXPERIENCE:

• Knowledge of District accounting, budgeting, treasury, and financial reporting functions, including extensive knowledge of the
District organization, operation, policies, regulations, programs, and goals.
• Knowledge of Florida Education Finance Program (FEFP)
• Bilingual skills.
SIGNIFICANT CONTACTS – frequency, contact, purpose, and desired end result:

On a daily basis works with all levels of the organization plus legislators, outside counsel, Florida Department of Education, and
the community to ensure sound District financial management and to effectively communicate the District’s funding requirements.
PHYSICAL REQUIREMENTS:
Light work: Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently as needed to move objects.
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Chief Financial Officer (cont.) SBBC: A-020
TERMS OF EMPLOYMENT:
Salary and benefits shall be paid consistent with the District's approved compensation plan. Length of the work year and hours of
employment shall be those established by the School Board.
EVALUATION:
Performance will be evaluated in accordance with Board Policy.
Board Approved: 4/21/98

Adopted: 5/19/98
Title Change: 5/9/2000
Revised and Adopted: 12/16/03
Title Change Adopted: 5/4/04
Board Adopted: 01/18/05
Revised: 7/1/05
Adopted as Amended: 1/18/17
Board Adopted: 5/16/17
Revised: 03/08/22
2021-2022 Organizational Chart Operational Realignment
Title and Reporting Title Changes: 5/16/23
2023-2024 Organizational Chart
Title and Alignment Changes: 5/21/24
2024-2025 Organizational Chart

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THE SCHOOL BOARD OF BROWARD COUNTY, FLORIDA

POSITION TITLE: Chief Financial Officer

ESSENTIAL PERFORMANCE RESPONSIBILITIES:

MINIMUM QUALIFICATIONS & EXPERIENCE:

PREFERRED QUALIFICATIONS & EXPERIENCE:

SIGNIFICANT CONTACTS – frequency, contact, purpose, and desired end result:

Board Approved: 4/21/98

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