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Title

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School Finance Manager

Description

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We are looking for a School Finance Manager to oversee and manage all financial aspects of a school or educational institution. The School Finance Manager plays a crucial role in ensuring the financial health and sustainability of the school by managing budgets, preparing financial reports, and ensuring compliance with relevant regulations. This position requires a high level of integrity, attention to detail, and the ability to communicate complex financial information to non-financial stakeholders, such as school administrators and board members. The School Finance Manager will be responsible for developing and monitoring annual budgets, forecasting future financial needs, and providing strategic advice to support the school’s mission and goals. This role involves close collaboration with school leadership, department heads, and external auditors. The ideal candidate will have experience in accounting or finance, preferably within an educational setting, and a strong understanding of public or private school funding mechanisms. Key duties include managing accounts payable and receivable, payroll, procurement, and financial reporting. The School Finance Manager will also oversee grant management, ensure compliance with local, state, and federal regulations, and implement internal controls to safeguard the school’s assets. The role requires proficiency in financial software, excellent organizational skills, and the ability to work under pressure to meet deadlines. This is a leadership position that requires strong analytical skills, ethical judgment, and a commitment to supporting the educational mission of the institution. The School Finance Manager will also be expected to participate in strategic planning, contribute to policy development, and provide training or guidance to other staff members on financial matters.

Responsibilities

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  • Develop and manage annual school budgets.
  • Prepare and present financial reports to school leadership.
  • Oversee accounts payable and receivable processes.
  • Ensure compliance with financial regulations and policies.
  • Manage payroll and procurement activities.
  • Monitor and forecast financial performance.
  • Coordinate with external auditors for annual audits.
  • Implement and maintain internal financial controls.
  • Oversee grant management and reporting.
  • Advise school leadership on financial planning and strategy.

Requirements

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  • Bachelor’s degree in Finance, Accounting, or related field.
  • Proven experience in financial management, preferably in education.
  • Strong knowledge of budgeting and financial reporting.
  • Familiarity with school funding mechanisms and regulations.
  • Excellent analytical and organizational skills.
  • Proficiency in financial software and Microsoft Office Suite.
  • Strong communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • High level of integrity and ethical standards.
  • Attention to detail and accuracy.

Potential interview questions

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  • What experience do you have managing school or educational budgets?
  • How do you ensure compliance with financial regulations?
  • Describe your experience with financial reporting and analysis.
  • What financial software are you proficient in?
  • How do you handle competing deadlines and priorities?
  • Can you provide an example of improving a financial process?
  • How do you communicate complex financial information to non-financial staff?
  • What is your experience with grant management?
  • Describe your approach to internal controls.
  • Why are you interested in working in a school environment?