Senior Director of Finance
Company: Shelby American, Inc.
Location: Atlanta
Posted on: April 4, 2025
Job Description:
DescriptionThe Senior Director of Finance supports the
leadership team by overseeing the financial health of The Kindezi
Network and managing the $26,000,000 annual budget. This role
ensures effective fiscal operations, including accounting,
budgeting, and reporting, while implementing strategic financial
plans set by executive leadership. The Senior Director of Finance
will provide strategic financial leadership, ensuring
accountability, transparency, and compliance with all applicable
regulations, particularly within the unique context of charter
school finance. The Senior Director will be a key advisor to the
Chief Operations Officer, Executive Director, and the Board.Reports
to: Chief of OperationsSupervises: Accounting ManagerPERFORMANCE
RESPONSIBILITIES:Financial Leadership & Strategy:
- Develops and implements comprehensive financial strategies
aligned with the network's mission and strategic goals.
- Provides strategic financial analysis and recommendations to
the COO, ED, and Board of Directors regarding budget development,
resource allocation, and long-term financial planning.
- Leads the annual budget development process, ensuring alignment
with educational priorities and operational needs.
- Monitors and analyzes financial performance against budget,
identifying variances and implementing corrective actions.
- Develops and maintains financial models for forecasting
revenue, expenses, and cash flow.
- Evaluates and manages financial risks, implementing appropriate
controls and mitigation strategies.
- Monitors enrollment projections and evaluates budgetary
impacts.
- Leads financial sustainability and ensures equitable use of
public and philanthropic funding.
- Oversees the annual budget process, monitors revenue and
expenses, and enforces budget accountability as needed, working
closely with senior managers.
- Seeks innovative ways to reduce fixed costs and liabilities
throughout the organization.Organizational & Internal Fiscal
Management
- Demonstrates and communicates a working knowledge and
understanding of Georgia public education rules, regulations, and
laws, as well as Atlanta Public Schools policies and
procedures.
- Identifies potential financial issues and addresses them in a
timely, consistent, and effective manner.
- Establishes and uses accepted procedures to develop short- and
long-term financial goals through effective allocation of
resources.
- Reviews fiscal records regularly to ensure accountability for
all funds.
- Plans and prepares a fiscally responsible budget that supports
the Network's mission and goals.
- Follows federal, state, and local financial policies and
ensures accurate accountability and reporting.
- Collaborates with the leadership team to make strategic
management decisions, resulting in a smoothly operating
Network.
- Collaborates with the COO to implement operational accounting
process improvements for high organizational efficiency and
effective school accounting and reporting.
- Works closely with all budget owners to ensure budget accuracy
and appropriate spending.
- Ensures all financial and accounting transactions are
accurately recorded in accounting software, accounts receivable and
payable, investment tracking, and asset depreciation.
- Manages finance team (Accounting Manager).
- Prepares and presents monthly financial reports for the
Executive Director and the Kindezi Governing Board Finance
Committee, including monthly financial statements at board
meetings.
- Oversees all aspects of financial operations, including
accounting, accounts payable, accounts receivable, payroll, and
procurement.
- Ensures the accuracy and integrity of financial records and
reporting.
- Develops and implements robust internal controls to safeguard
assets and prevent fraud.
- Manages the annual audit process, ensuring timely and accurate
completion.
- Oversees the preparation and submission of all required
financial reports, including monthly, quarterly, and annual
reports.
- Manages banking relationships and treasury functions.
- Identifies and pursues opportunities to negotiate contracts
across schools, ensuring cost-effectiveness and maximizing
financial efficiency.
- Provides timely and accurate budget-to-actual reports to all
budget owners, offering insights and guidance to ensure financial
alignment with organizational goals.Charter School Finance
Expertise
- Possesses a deep understanding of charter school funding
models, state and federal grant programs, and reporting
requirements.
- Ensures compliance with all applicable charter school financial
regulations, including state education agency reporting, federal
grant guidelines, and IRS regulations.
- Manages the network's relationship with authorizers, ensuring
timely and accurate submission of all financial reports and
documentation.
- Stays abreast of changes in charter school finance legislation
and regulations, providing guidance and recommendations to
leadership.
- Experience with per-pupil funding calculations, grant
management, and facilities financing related to charter
schools.Accountability & Transparency
- Promotes a culture of financial accountability and transparency
throughout the network.
- Develops and implements clear financial policies and
procedures.
- Provides regular financial updates to the Board of Directors,
including detailed financial reports and analyses.
- Ensures that all financial information is readily accessible
and understandable to stakeholders.
- Responds to inquiries from auditors, regulators, and other
stakeholders in a timely and professional manner.Federal, State and
Local Compliance
- Leads the annual state audit process and acts as a liaison
between Kindezi and auditors; ensures all required state and
federal reports are prepared and submitted within program
guidelines.
- Develops, recommends, and implements the budget for assigned
areas while monitoring expenditures to ensure compliance.
- Builds capacity in school-based leadership teams to effectively
manage school budgets.
- Oversees the management of all federal, state and self-funded
grants for compliance and usage, including Title I, Title II, state
facilities, philanthropic funding, and QBE revenue.
- Oversees CPI and QBE reporting to maximize federal, local, and
state revenue.
- Ensures compliance with Generally Accepted Accounting
Principles (GAAP) and other applicable standards, initiating
corrective actions as necessary.
- Provides effective and timely communication of critical
financial information, including relevant trends, forecasts, risks,
and opportunities.KEY ATTRIBUTES:
- Alignment with the (mission, core values, equity commitments)
model and goals.
- Demonstrated commitment to increasing student achievement and
supporting the social-emotional needs of students.
- Dedicated, reflective thinker with a growth mindset.
- High academic expectations; believes that all students deserve
an equitable education experience no matter their
circumstances.MINIMUM QUALIFICATIONS:
- Master's degree in accounting, business or public
administration is required.
- CPA certification preferred.
- Experience with school budget preparation and management.
- Ensure accurate and timely financial reporting.
- Knowledge of public and local charter school district
operations especially in educational organizations.
- Strategic planning and analytics skills to implement and lead
an executive vision.REQUIRED CERTIFICATIONS:
- Must have or be able to obtain a GaPSC-issued clearance
certificate.WORK EXPERIENCE:
- 8-10 years of experience in finance and business.
- 5+ years of experience managing others (i.e. Assistant Director
or Director of Finance).COMPENSATION/BENEFITS:
- Starting salary $99,000.00.
- Compensation aligned with The Kindezi Schools' salary
schedule.
- Teacher Retirement System (TRS) pension, 403b plan, paid time
off, vacation, health, vision, and dental insurance, employer-paid
life insurance, and short and long-term disability benefits.JOB
CLASSIFICATION:
- Work Days: annual.
- Salaried, Full-Time, Exempt.
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Keywords: Shelby American, Inc., Atlanta , Senior Director of Finance, Executive , Atlanta, Georgia
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