] Office of Human Resources - Montgomery County Public Schools

OFFICE OF HUMAN RESOURCES AND DEVELOPMENT → CLASSIFICATION → DIRECTOR OF FINANCIAL SERVICES

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Director of Financial Services

MONTGOMERY COUNTY PUBLIC SCHOOLS CLASS DESCRIPTION
OFFICIAL TITLE: Director I CODE: 0330 SQ/OQ: Not Applicable
WORKING TITLE: Director of Financial Services GRADE: P MONTHS: 12
SUMMARY DESCRIPTION OF CLASSIFICATION: Under direction of the associate superintendent of finance the director of financial services is responsible for overseeing the Division of Financial Services by implementing financial policies, procedures, controls and reporting systems. Ensures legal and regulatory compliance with federal, state, local and Board mandates for all accounting and financial reporting functions. Collaborates with staff to support schools with accounting and fiduciary responsibilities. Provides financial data and periodic reports for the Board of Education, the superintendent, and agencies, as needed.
MINIMUM QUALIFICATION STANDARDS
KNOWLEDGE, SKILLS, AND ABILITIES: Thorough knowledge of federal, state, local, and Board of Education laws, policies, regulations, and procedures relating to financial management and controls. Considerable knowledge of budget and financial management principles and practices and the MCPS collective bargaining agreements. Demonstrated ability to manage financial operations with responsibility for controlling expenditures and related activities. Considerable knowledge of generally accepted accounting principles, (GAAP) concepts, and updates as set by the Governmental Accounting Standards Board (GASB). Strong leadership, team and project management skills. Demonstrated ability to analyze, identify, and implement information technology solutions in a complex setting. Considerable knowledge of continuous improvement principles and practices, including customer service. Demonstrated excellent management and organizational skills and ability to coordinate activities of several units. Demonstrate excellent oral and written communications and human relations skills. Ability to acquire knowledge of and meet the six leadership standards that have been established for the Montgomery County Association of Administrators and Principals (MCAAP/MCBOA) Professional Growth System (PGS).
EDUCATION, TRAINING, AND EXPERIENCE: Masters degree from an accredited college or university in finance, accounting, or a related field. At least five years recent experience in a responsible business financial administrative detail-oriented position in a large public service organization Experience in the supervision of employees and with demonstrated progressive leadership responsibilities. Familiarity with MCPS evaluation standards for select employee groups. Certified Public Accountant certificate preferred. Or any combination of applicable education, training, and experience which provides the knowledge, abilities, and skills necessary to perform effectively in the position.
CERTIFICATE AND LICENSE REQUIREMENTS:
PHYSICAL DEMANDS: (Special requirements such as lifting heavy objects and frequent climbing.) None
SPECIAL REQUIREMENTS: (Frequent overtime or night work required, etc.) None
OVERTIME ELIGIBLE: No

EXAMPLES OF DUTIES AND RESPONSIBILITIES:

Plans, develops, organizes, implements, directs, and evaluates the organization's accounting, and performance. Monitors and tracks the completeness, accuracy, and timeliness of fiscal data.

Serves on the leadership of the development and implementation of the Financial Management System.

Working closely with other staff in the Office of Finance and the supervisor, internal audit, provides support to school financial agents and principals in matters involving the Independent Activity funds and the systems and tools used to manage them.

Develops and coordinates a customer services vision and action plan so that employees and vendors are served effectively and efficiently.

Assures that the accounting operation of Montgomery County Public Schools is in compliance with state, federal, and local laws, as well as with generally accepted accounting principles (GAAP).

Provides leadership in developing, implementing, maintaining accounting and administrative policies and procedures for a wide-ranging set of activities including financial accounting and reporting and make recommendations to the associate superintendent of finance, chief of finance and operations, and school superintendent on fiscal policies, principles, and practices.

Coordinates with the internal audit staff to identify any problem areas in financial accountability to take corrective action.

Oversees the ongoing maintenance of a current financial manual for schools and departments.

Evaluates staff based on MCPS standards and competencies.

Maintains a working relationship with financial management officials from other agencies, such as the Montgomery County Government, the Maryland State Department of Education, other school districts, and local, state, and federal governments.

Benchmarks practices of other government agencies and school systems with Montgomery County Public Schools and recommends improvements.

Ensures compliance with federal, state and local legal requirements by researching existing and new legislation, consulting with outside advisors, and filing financial reports.

Reviews federal, state, and local legislation related to fiscal operations for impact on Montgomery County Public Schools.

Performs related duties consistent with the scope and intent of the position.
Class Established: 7/2017
Date(s) Revised: 8/2021
Last Reviewed:

This description may be changed at any time.