Financial Report Specialist, Accounting

Position Type:

Administration and Professionals

Date Posted:

2025-02-06

Location:Administration or As Assigned

INTRODUCTION: CONTEXT AND MISSION

The Cleveland Metropolitan School District (CMSD) serves approximately 37,000 students in 100+ schools. Over the past several years, the Greater Cleveland community has united behind the collective goal of ensuring every child in Cleveland attends a high-quality school and every neighborhood has a multitude of great schools from which families can choose. The Cleveland Plan defines CMSD’s approach to the reinvention of public education and holds our community accountable for the success of Cleveland’s schoolchildren. The Cleveland Plan is supported by Ohio House Bill 525, which provides much-needed flexibility and autonomy for the district and its schools. Our schools have autonomy over human and financial resources in exchange for accountability for

performance. The principal has primary responsibility and accountability for establishing his or her school as a high-quality, high-expectations academic center with a focus on personalized instruction, professional support for teachers, and school-wide practices that lead to measurable results.

The Cleveland Metropolitan School District has developed standards of excellence that the district applies to all parts of the organization inclusive of schools, principals, school leadership teams, networks, and central office. Alignment between Standards of Excellence (SoE) and the district’s Theory of Action helps ensure that principals are able to focus on scholar achievement and that central office supports are timely and effective.

Our Vision for Learning in a Post-Pandemic World:

In our pursuit of a more fair, just, and good system of education, we want each of our learners, both each of our scholars and each of their educators, to be individually and collectively presented with academically / intellectually complex tasks that are worthy of their productive struggle and allow them authentic opportunities to demonstrate their work and their learning of academic content and transferable skills in a joyful and adventurous environment.

THE OPPORTUNITY:

 

Location: Administration or As Assigned
Reports to: Director, Accounting
FLSA Status: Exempt
Salary Band: 13
Compensation: $49,980.00 - $69,972.00

Under general direction of the Executive Director of Contract Implementation, the Director of Employee Hearings is responsible for conducting labor hearings and issuing dispositions, analyzing labor contracts, conducting labor relations research, and adjudicating disputes regarding collective bargaining agreement(s) and the Cleveland Metropolitan School District.

Position Summarry

The Financial Report Specialist is responsible for providing accounting, financial reporting, and document/data preparation/analysis support directly to the Director of Accounting in meaningful support of the Controller’s and the CFO’s objectives. The Financial Report Specialist is responsible for recording daily and monthly transactional activity within the general ledger and subsystems, as appropriate; performing month- and year-end closing activities; reconciling accounts; preparing financial related reports such as the general fund budget to actual report; coordinating the annual financial statement audit and other compliance, externally driven operational, compliance or financial audits/reviews, as assigned; developing and analyzing documents and schedules.

Responsibilities

• Provides technical support for external financial statement or other regulatory audits and reviews by preparing relevant, supportable, coherent, and accurate schedules and with most issues identified, resolved, and documented
• Prepares account reconciliations including bank-to-book reconciliations while researching and seeking resolution of variances to perform reconciliation of cash and investments
• Prepares account reconciliations including bank-to-book reconciliations while researching and seeking resolution of variances
• Instrumentally assists in the coordination of all activities required to produce the Annual Comprehensive Financial Report, Five-Year Forecast, and Tax Budget, and other documents and deliverables that may arise from time-to-time
•  Conducts variance analysis between budgeted and actual GAAP or fund financial

         results and thoroughly investigates, understands, and sufficiently documents the

          rationale for the variances and documenting results.

• Maintain control over the district’s accounting system and the integrity of the informati