Annuities Director (New Business) directs the development of new accounts and business relationships through sales, marketing, and referrals. Reviews applications and contracts and ensures that all transactions comply with state and federal regulations. Being an Annuities Director (New Business) stays abreast of any changes to laws and regulations which affect the activities of the business. Responsible for staffing and training of unit and ensures staff has full knowledge of all current regulations and provides prompt and efficient service to customers. Additionally, Annuities Director (New Business) requires a bachelor's degree. Typically reports to top management. The Annuities Director (New Business) manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be an Annuities Director (New Business) typically requires 5+ years of managerial experience. (Copyright 2024 Salary.com)
Job Title/Position Code: Director of Business and Finance
Grade Level/Terms of Employment: Ungraded/12-month contract
FLSA Status: Exempt
Posting Date: March 7, 2024
Closing Date: Until Filled
Minimum Salary: ($103,000 minimum/Commensurate with Experience)
Work Location: Central Office
Immediate Supervisor: Superintendent
Minimum Education, Training, and Experience Requirements:
➔ Bachelor's Degree required. Master's Degree and/or CPA preferred.
➔ Five or more years of experience in a supervisory or management position
in finance and administration in the public sector, preferably in a public
school division.
➔ Evidence of extensive experience in the oversight, financial control and
supervision of budgeting, accounting, auditing, and payroll.
General Description
The Director of Business and Finance supervises the management of all aspects of
the financial affairs of the Petersburg City Public Schools (PCPS). This individual
provides leadership and oversight in the administration of financial resources
allocated by the PCPS School Board and Administration in a manner that ensures
the prudent fiscal operation of the school division, and in accordance with the
Memorandum of Understanding between the Virginia Board of Education and the
PCPS. The Director of Business and Finance is responsible for implementing and
monitoring the use of best practices in public school financial management and
planning. The Director of Business and Finance supervises all assigned programs
and activities and works collaboratively with staff, parents and community
members to achieve the division's mission and goals.
Essential Job Functions
➔ Supervises the budgeting, accounting and reporting of all PCPS funds to
include assets, liabilities, revenues and expenses in a manner that complies
with federal, state, and local laws and regulations.
➔ Coordinates the preparation of the division's annual operating and capital
improvement budgets, and assists the Superintendent and PCPS Senior Staff
in reviewing and finalizing the proposed budgets for submission to the PCPS
School Board for approval.
➔ Collaborates closely with Human Resources before and during budget
development on position control in order to capture changes to position
and/or salary.
➔ Supervises the preparation, publication, and distribution of budget
documents as approved by the Superintendent and the School Board.
➔ Communicates and interprets the financial needs of the school division for
various community and citizen groups and provides budgetary and other
financial data and analysis as needed.
➔ Provides accurate and timely financial reports to include periodic revenue
and expenditure projections to the Superintendent; annual revenue and
expenditure projections to the School Board; monthly expenditure reports
to budget and program managers; monthly financial reports to the
Superintendent and School Board, and other financial/budgetary reports as
required.
➔ Recommends appropriate policies, regulations, monitoring processes and
internal audit procedures to the Executive Director for Human Resources
and Operations to ensure sound fiscal planning and practices, including
procurement of equipment and supplies.
➔ Administers the division's risk management programs for the purpose of
securing, negotiating, and administering all property, vehicle, student
accident, salary protection, worker's compensation and general liability
insurance coverages.
➔ Oversees the Business and Finance Department. Establishes and articulates
a vision for the department with respect to its role in achieving the goals of
the division strategic plan, and meeting the requirements of the
Memorandum of Understanding between the Virginia Board of Education
and the PCPS.
➔ Supervises and evaluates the Accounts Payable and Fixed Assets Specialist,
Payroll Specialist, Accountant, and Accounting Specialist for Purchasing.
➔ Facilitates annual audits, prepares accounting schedules, and provides
information to independent auditors as requested. Coordinates the annual
audits of school activity funds.
➔ Prepares and coordinates analyses of program costs and methods of
financing, including long-range projections of requirements; monitors PCPS'
financial performance to identify trends which may require change to
current or future years' budget plan.
➔ Provides assistance to the Buyer on bids/proposals for major projects (i.e.
construction, capital projects) and oversees the bid process.
➔ Provides training and technical assistance to bookkeepers, principals and
other program managers on financial management, account codes, student
activity funds, and budgets.
➔ Approves all vouchers authorizing the expenditure of monies; reviews and
approves accounts payable batches prior to check printing.
➔ Responds to inquiries from School Board and Superintendent, PCPS
administrators and departments, employees and others regarding questions
and issues concerning PCPS financial data and processes.
➔ Collaborates with other PCPS and City of Petersburg department heads for
the purpose of ensuring that department practices and processes enhance
and support PCPS and City goals.
➔ Attends all School Board meetings.
➔ Performs other related duties as assigned.
Required Knowledge, Skills, and Abilities:
➔ Extensive knowledge of principles and best practices related to school
accounting, auditing, budgeting, and financial management.
➔ Ability to plan, forecast, organize and direct multiple complex financial
components.
➔ Ability to supervise and evaluate others performing professional or
administrative work.
➔ Demonstrated ability to identify problems, analyze key data points, and
present alternative solutions to the Executive Director for Human Resources
and Operations.
➔ Ability to communicate effectively orally and in writing, including the ability
to make presentations to parent and community groups, school and city
officials.
➔ Ability to use computers and other office and presentation technology.
➔ Demonstrated proficiency with Microsoft Office applications, student data
management/information systems, and accounting software systems.
➔ Ability to develop and maintain positive and professional relationships with
staff, subordinates, supervisors, School Board members, parents and the
general public.
Job Type: Full-time
Pay: From $103,000.00 per year
Benefits:
Experience:
Ability to Relocate:
Work Location: In person
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