METROPOLITAN SCHOOL DISTRICT OF PIKE TOWNSHIP
Job Description
Assistant Chief Financial Officer (ACFO)
Summary: The Assistant Chief Financial Officer (Assistant CFO) serves as a key operational leader within the Business
Office and is responsible for overseeing the day-to-day financial functions of the district, with a strong emphasis on
accuracy, compliance, internal controls, and process efficiency. This role supports the Chief Financial Officer by
ensuring the effective execution of financial operations and providing high-level financial analysis to inform decision-making.
Duties & Responsibilities Include, but are not limited to, the following:
- Oversees and coordinates the day-to-day financial operations of the Business Office, ensuring compliance with
all federal, state, and local regulations
- Manages financial accounting systems and ensures the integrity of financial data and reporting
- Oversees accounts payable, accounts receivable, payroll, benefits, and grant-related financial operations through
direct supervision of assigned staff
- Ensures proper internal controls are in place for receipts, disbursements, cash handling, and all financial
transactions
- Prepares and oversees the preparation of all required financial reports, including, but not limited to, Form 9,
Quarterly Financial Reports, Annual Financial Reports, and Gateway submissions
- Ensures compliance with all Indiana State Board of Accounts (SBOA) requirements and applicable state and
federal regulations
- Coordinates audit preparation and serves as the primary liaison for financial audit activities
- Monitors and maintains accurate records of all funds, including federal, state, and local accounts
- Monitors district cash flow and ensures adequate liquidity for all financial obligations
- Oversees the execution of debt service payments and bank transactions in accordance with established internal
controls and approval processes
- Assists the Chief Financial Officer with investment tracking, fund management, and debt-related activities
- Develops, implements, and maintains standard operating procedures (SOPs) for all Business Office processes
- Identifies opportunities to improve efficiency, strengthen internal controls, and streamline financial processes
- Provides training and guidance to staff on financial systems, procedures, and compliance requirements
- Supervises Business Office staff and promotes a culture of accountability, accuracy, and continuous
improvement
- Delegates responsibilities appropriately to ensure operational efficiency and staff development
- Collaborates with district leaders and departments to support financial processes and compliance
- Supports the Chief Financial Officer in preparing financial reports, presentations, and analysis for the Board of
Education
- Provides financial data, modeling, and recommendations to support informed decision-making
- Assists with capital planning, bond-related activities, and long-term financial planning, as directed
- Participates in professional organizations and ongoing training to remain current on school finance laws,
regulations, and best practices
- Performs other duties as assigned by the Chief Financial Officer or Superintendent
Minimum Qualification Requirements:
- Bachelor's degree required in Finance, Accounting, Business Administration, Public Administration, or a
related field
- Strong knowledge of fund accounting and financial reporting
- Experience with budget management, audits, and compliance
- Experience with Indiana school finance, Indiana State Board of Accounts & Indiana Department of Education
policies, and Gateway reporting
- Proficiency in accounting/finance software and computer applications (e.g., FMS/SSI, Excel, Word,
PowerPoint, Google Workspace, and data analysis tools)
Preferred Qualifications:
- Master's degree or CPA designation
- IASBO Chief Business Officer (CBO) certification or ability to obtain
- Financial management and leadership experience, preferably in a school district or governmental setting
Skills & Competencies:
- Strong analytical and problem-solving skills
- High attention to detail and accuracy
- Ability to manage multiple priorities, work under pressure, and meet deadlines
- Strong leadership and team development skills
- Excellent communication and interpersonal skills
- Proficiency in financial systems and reporting tools
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