Director of Finance

2 weeks ago

Al Hufūf, Eastern Province, Saudi Arabia Talent Pal Full time
Position Description

  • SCHOOL / LOCATION
  • District Office
  • DIVISION / DEPARTMENT
  • Finance
  • POSITION TYPE
  • Administrator
  • WORKS DAYS / HOURS
  • POSITION STATUS
  • Full time
  • SALARY CODE
  • Administrator
  • ELIGIBLE APPLICANTS


 International
  • Saudi National
  • POSITION START DATE
  • Aug
  • APPLICATION DEADLINE
  • Until filled
  • REPORTS TO
  • Rhonda Norris, Incoming ISG Superintendent
  • REQUISITION NUMBER
Summary


Incoming ISG Superintendent Rhonda Norris seeks a highly-skilled strategic finance professional with proven business office leadership experience to join ISG on August 1, 2024, to serve as the Director of Finance beginning in the school year.


The Director of Finance will join a district leadership team that includes the Superintendent, Directors, Principals and site leadership team comprised of Assistant Principals, grade level and department facilitators.

Position Duties

Child Protection

  • Demonstrate a commitment to the safety and security of children and young people (child protection).

Financial Planning and Analysis

  • Develop and implement comprehensive financial plans, operating budgets and forecasts aligned with ISG's strategic goals.
  • Conduct and provide comprehensive financial analysis that includes trends of financial patterns to provide insights and make recommendations for decisionmaking.

Capital Budgeting

  • Identify potential capital investment projects that align with the organisation's strategic objectives.
  • Utilize various capital budgeting techniques to assess the viability of projects and estimate the future cash inflows and outflows associated with each project and monitor through implementation.

Risk Management

  • Identify and assess financial risks, implement mitigation strategies, and ensure financial growth.
  • Stay informed about regulatory changes and international education trends affecting ISG's financial landscape.

Financial Reporting

  • Direct all financial accounting, budgeting and reporting of internal business practices.
  • Prepare accurate and timely financial statements, reports and presentations for internal and external stakeholders.
  • Prepare an annual report for the Board of Trustees.
  • Maintain and supervise the District's financial reporting systems, including database systems.
  • Collaborate with other departments to ensure financial data accuracy and consistency.

Compliance and Audit

  • Ensure compliance with all relevant accounting standards, legal requirements and government regulations.
  • Facilitate annual internal audits and coordinate with external auditors the annual independent audit of the financial records.

Resource Allocation

  • Optimize resource allocation to support educational programs and initiatives while maintaining financial sustainability and growth.
  • Provide strategic guidance on funding priorities and resource utilization.

Communication

  • Proactively communicate with the Superintendent, District Office administrators and Board of Trustees about progress and challenges.
  • Proactively make recommendations to the Superintendent on improvements to make in the business operations and budget development.
  • Prepare and present monthly fiscal reports on ISG's financial operations.
  • Model open and honest communications throughout the school community.
  • Participate fully in senior leadership meetings at school and district levels.
  • Participate in Board of Trustees meetings and committees as requested.

Business Office Administration

  • Acquire and maintain an excellent working knowledge of ISG's organizational policies, practices and procedures.
  • Review existing finance department operations and implement initiatives in accordance with current business practices.
  • Direct and supervise all business office operations including, but not limited to: budgeting, reporting, auditing, accounts receivable, accounts payable, payroll, purchasing (vendor management) and property control.
  • Supervise the operation of all businessrelated operational information systems.
  • Assist the Superintendent and the Board of Trustees in the development and revision of financial policies.
  • Manage the district investment process.

Team Leadership and Development

  • Lead and mentor the finance team members fostering a culture of accountability, professionalism and continuous improvement.
  • Provide training and development opportunities to enhance the team member's financial acumen.
  • Set and hold finance department employees accountable to high standards for performance.
  • Fulfill the expectations of staff evaluation identified in district policies and regulations and assist in the successful improvement or release of nonperformers.

Liaising and Networking

  • Collaborate with and facilitate external consultants in support of the strategic goals.
  • Network with relevant professional organizations on behalf of ISG.
  • Contribute to finance department and district communications efforts

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