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GLADBROOK-REINBECK HIGH SCHOOL School Business Official in Reinbeck, Iowa

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[TITLE: School Business Official QUALIFICATIONS: 1. Excellent verbal and written communication skills. 2. Able to explain complicated financial concepts. 3. Demonstrates strong organizational skills. 4. Proficiency in computer-related skills. 5. Able to demonstrate accuracy and thoroughness. 6. Able to complete work in a timely manner. 7. Possess a current School Business Official (SBO) authorization from the Iowa Board of Educational Examiners, or possess the ability to qualify for the SBO authorization.]{arial",sans-serif"=""}

  • Basic criteria for the SBO authorization include a minimum of an associates degree in business or accounting or 60 semester hours of coursework in business or accounting of which 9 semester hours must be in accounting.
    • An applicant with six credits of accounting may qualify for a Temporary School Business Official Authorization from the Iowa Board of Educational Examiners. That applicant would need to receive an additional three credits of accounting within a year to qualify for an Initial School Business Official Authorization.
  1. Such alternatives to the above qualifications as the Board may find appropriate and acceptable.

REPORTS TO: Superintendent and Board of Directors

JOB GOAL: The board employs the School Business Official to maintain district financial records according to federal and state law, administrative rules, and board policy. To prepare and administer the district budget. To act in the position of Secretary of the board in all respects such as attending board meetings, recording board minutes, preparing information and reports, and meeting other requests made by the board.

PERFORMANCE RESPONSIBILITIES: Under general supervision of the Superintendent and Board of Directors, the School Business Official performs the following responsibilities within the overarching framework of the Iowa Department of Educations Standards for School Business Officials (SBO Standards):

  1. Codes school finance data in accordance with Governmental Generally Accepted Accounting Principles (GAAP) Accounting, the Uniform Financial Accounting Manual, and the current Chart of Accounts;
  2. Implements the certified budget process;
  3. Understands the content and purpose of the Aid and Levy Worksheet;
  4. Adheres to the concept of spending authority;
  5. Provides detailed financial data that is useful to the board and other decision makers;
  6. Delivers a monthly statement of receipts, disbursements, and balances for every fund;
  7. Reconciles bank statements monthly;
  8. Forecasts a line item budget; []{style="f

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