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Zephyr Russell
Chief School Finance Officer
Summary
Highly accomplished Chief School Finance Officer with a proven track record of success in managing school district finances. Expertise in budgeting, financial planning, and reporting, as well as grant management and debt management. Strong leadership and communication skills, with a deep understanding of educational finance and operations. Committed to providing financial oversight and support to ensure the effective and efficient use of school district resources.
Education
Master’s Degree in School Finance or a related field
February 2016
Skills
- Budgeting and Financial Planning
- Financial Reporting and Auditing
- School Finance Management
- Grant Management
- Debt Management
- Financial Analysis and Reporting
Work Experience
Chief School Finance Officer
- Developed and implemented financial policies and procedures that ensured compliance with all applicable laws and regulations.
- Provided financial oversight for major capital projects, ensuring timely completion and costeffectiveness.
- Created and maintained a comprehensive financial information system that provided timely and accurate data for decisionmaking.
- Conducted financial audits and reviews to ensure compliance and identify areas for improvement.
Chief School Finance Officer
- Developed and implemented a comprehensive budgeting process that reduced budget variances by 30%.
- Managed a team of financial analysts to provide timely and accurate financial reporting.
- Collaborated with district administration to develop a strategic financial plan that aligned with the districts educational goals.
- Negotiated favorable financial terms with vendors and service providers, resulting in cost savings of over $5 million.
Accomplishments
- Challenge District was facing a budget deficit of $1 million. Action Implemented strategic costsaving measures and negotiated with vendors to reduce expenses. Result Eliminated the deficit within one fiscal year.
- Challenge School district needed to upgrade its financial software system. Action Led the implementation of a new financial management system, which streamlined processes and improved reporting capabilities. Result Reduced operating costs by 15% and enhanced financial transparency.
- Challenge District had limited access to capital financing. Action Explored and secured alternative financing options, such as leasepurchase agreements and taxexempt bonds. Result Obtained $10 million in funding for capital projects, enabling the district to upgrade facilities and expand programs.
- Challenge District faced challenges in complying with state and federal financial reporting requirements. Action Established standardized reporting procedures and implemented a data quality assurance program. Result Improved the accuracy and timeliness of financial reporting, reducing the risk of noncompliance.
- Challenge District sought to improve financial literacy among staff and stakeholders. Action Developed and implemented financial training programs for school principals, teachers, and parents. Result Increased understanding of financial principles and promoted responsible financial decisionmaking throughout the district.
Awards
- ASBO National Award for Excellence in School Budgeting
- CFO of the Year Award from the Association of School Business Officials International (ASBO)
- Certificate of Achievement from the Government Finance Officers Association (GFOA) for excellence in government budgeting
Certificates
- Certified Public Accountant (CPA)
- Certified School Business Official (CSBO)
- Certified Government Finance Manager (CGFM)
- Certified Internal Auditor (CIA)
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How To Write Resume For Chief School Finance Officer
- Highlight your expertise in school finance management and budgeting.
- Quantify your accomplishments with specific metrics and results.
- Showcase your leadership and communication skills, emphasizing your ability to build strong relationships.
- Demonstrate your understanding of educational finance and operations, and how your work supports student outcomes.
- Consider obtaining professional certifications, such as the Certified School Business Official (CSBO), to enhance your credibility.
Essential Experience Highlights for a Strong Chief School Finance Officer Resume
- Develop and implement comprehensive budgeting processes to optimize resource allocation and reduce budget variances.
- Manage a team of financial analysts to provide timely and accurate financial reporting for effective decision-making.
- Collaborate with district administration to develop strategic financial plans aligned with educational goals and priorities.
- Negotiate favorable financial terms with vendors and service providers to maximize cost savings.
- Develop and implement financial policies and procedures to ensure compliance with all applicable laws and regulations.
- Provide financial oversight for major capital projects, ensuring timely completion and cost-effectiveness.
- Create and maintain comprehensive financial information systems for timely and accurate data access.
Frequently Asked Questions (FAQ’s) For Chief School Finance Officer
What are the primary responsibilities of a Chief School Finance Officer?
The Chief School Finance Officer (CSFO) is responsible for the overall financial management of a school district, including budgeting, financial planning, reporting, and compliance. They work closely with district administration to develop and implement financial strategies that align with educational goals and priorities.
What qualifications are required to become a Chief School Finance Officer?
Typically, a Master’s Degree in School Finance or a related field is required, along with significant experience in school finance management, budgeting, and financial reporting. Strong leadership and communication skills are also essential.
What are the key challenges faced by Chief School Finance Officers?
CSFOs must navigate complex financial regulations, manage limited resources, and ensure transparency and accountability in their financial operations. They must also be able to balance the needs of students, staff, and the community when making financial decisions.
How can I prepare for a career as a Chief School Finance Officer?
Pursuing a degree in School Finance or a related field, gaining experience in school finance management and budgeting, and obtaining professional certifications will help you prepare for a career as a CSFO.
What is the average salary for a Chief School Finance Officer?
The average salary for a Chief School Finance Officer varies depending on factors such as experience, location, and district size. According to the National Association of School Business Officials (NASBO), the median salary for CSFOs in 2023 is approximately $120,000.
What are the career advancement opportunities for Chief School Finance Officers?
CSFOs can advance to leadership roles within school districts, such as Superintendent or Chief Operating Officer. They may also pursue careers in financial consulting or other related fields.