Director of Finance

4 weeks ago

Hofuf, 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 01 2024
- APPLICATION DEADLINE
- Until filled
- REPORTS TO
- Rhonda Norris, Incoming ISG Superintendent
- REQUISITION NUMBER
- 08-2425-022Summary

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 2024-25 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 decision-making.

**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 business-related 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 non-performers.

**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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