What Are the Duties of a School Finance Officer?

A school finance officer is appointed by the Superintendent of Schools and approved by the Board of Education in accordance with state laws. His duties are prescribed by law and are monitored by the district board and superintendent.

Budget Preparation

The finance officer's primary responsibility is to prepare and administer the budget for the school district. He is responsible for keeping the account in accordance with generally accepted principals of governmental accounting.

Preparation of Financial Condition

When requested by the Board of Education, the finance officer must prepare and file a statement of the financial condition of the school district. This request must be in writing and copied to the superintendent in accordance with district and state rules.

Audit Filing

The school finance officer is responsible for preparing and submitting the necessary audit certificates as required by state law. He must submit reports to the Secretary of the Local Government Commission as required by law.

Disbursement of Funds

The finance officer signs all checks, drafts and state warrants by the district. He also invests idle cash, and receives and deposits all monies accruing to the district.

Other Required Duties

The finance officer receives and accounts for all clear proceeds of fines, penalties and forfeitures. It is his responsibility to notify the superintendent and board of such funds. He is required to perform other duties that may be assigned by law or requested by the superintendent or Board of Education.

References

• Edenton-Chowan Schools: School Finance Officer
• Union County Board of Education: School Finance Officer
• Cleveland County Schools Board of Education: School Finance Officer