Director Financial Reporting & Accounting

POSITION TITLE (Oracle title)

DIRECTOR

WORKING TITLE

Director-Financial Reporting and Accounting  

SCHOOL/DEPARTMENT

Accounting

LOCATION

Crossroads III, Cary, NC

PAY GRADE

Director–Band 2

FLSA STATUS

Exempt

ELIGIBILITY FOR EMPLOYMENT CONTRACT

No

WORK WEEK SCHEDULE

Monday-Friday (occasional evenings and weekends) Position is not available for a hybrid telework workweek 

POSITION PURPOSE:

Directs the accounting functions of the school system including but not limited to cash requisitions and receipt, general ledger, and fixed assets. Responsible for ensuring accounting operations are in accordance with the policies established by the Board of Education, public school laws of North Carolina, all applicable federal, state, and local rules and regulations, and generally accepted governmental accounting principles and practices.

MINIMUM QUALIFICATIONS:  

KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)

• Extensive knowledge of generally accepted governmental accounting principles;

• Considerable knowledge of Microsoft Office specifically, Word, Excel, and PowerPoint; Google Apps;

• Considerable knowledge of database systems with the ability to analyze and organize data within large, complex databases;

• Excellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders;

• Effective time management and organizational skills;

• Ability to manage financial resources to achieve department goals;

• Ability to make independent judgments and to implement creative solutions to problems;

• Ability to lead and motivate staff;

• Ability to meet deadlines;

• Ability to assess program needs and develop and implement long-range plans to meet departmental and program goals;

• Ability to communicate clearly and concisely both in oral and written form using a variety of communication techniques and tools to ensure the appropriate flow of information, collaborative efforts, and feedback; excellent public speaking and presentation skills;

• Ability to establish and maintain effective working relationships with school system staff, external funding agencies, and the community.

EDUCATION, TRAINING, AND EXPERIENCE

• Bachelor’s degree in accounting or business administration; AND

• Five years of related experience; AND

• Demonstrated successful management or related supervisory experience; AND

• Demonstrated successful experience with budgets and fiscal administration; OR

• An equivalent combination of education and relevant experience sufficient to successfully perform the essential duties of the job.

CERTIFICATION AND LICENSE REQUIREMENTS

• Must hold and maintain a valid motor vehicle operator’s license according to the State of North Carolina requirements.

PREFERRED QUALIFICATIONS:

• Master’s degree in accounting or related field;

• Experience with Oracle ERP.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

1. Directs and oversees the maintenance and reconciliation of all district funds and accounts, including general ledger, cash receipts, accounts receivable, investments, and fixed assets, by planning, assigning, and reviewing the work of the financial reporting and accounting team.

2. Collaborates with the Assistant Finance Officer in the formulation, implementation, and enforcement of financial policies and procedures; leads efforts to maintain, test, enhance, and implement accounting and reporting systems to ensure accuracy and compliance.

3. Prepares and reviews financial schedules, account analyses, and reconciliations to ensure proper monitoring of accounts, accuracy in reporting, and adherence to applicable standards and regulations.

4. Coordinates and supports the preparation for the annual audit and the Comprehensive Annual Financial Report (CAFR), ensuring timely completion of required schedules and compliance with local, state, and federal reporting requirements.

5. Provides training and guidance on accounting practices, financial systems, and reporting requirements to schools, budget managers, and administrative personnel; serves as a primary point of contact for district finance inquiries.

6. Oversees cash flow to ensure availability of funds and maximize investment returns while safeguarding assets and maintaining compliance with investment policies - under the direction of the Finance Officer.

7. Oversees staff performance and development, providing ongoing coaching, technical guidance, and formal evaluations; ensures consistent application of accounting standards, internal controls, and best practices across the team.

8. Performs other related duties, as assigned.

WORK ENVIRONMENT/PHYSICAL REQUIREMENTS

This position operates in a professional office environment and has a noise level of mostly low to moderate. This role routinely uses standard office equipment such as computers, scanners, and copiers. The position, at times, must be able to come into direct contact with school system staff, staff members of external agencies, and the community. Work is considered light physical work, requiring the exertion of up to ten pounds of force. The work frequently driving automotive equipment. 

EFFECTIVE DATE:  10/2025

DISCLAIMER:  The above statements are intended to describe the general purpose and responsibilities assigned to this position.  They are not intended to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and skills required by the employees assigned to this position.  This description may be revised by HR and approved at any time.