School Business Official

Iowa City Community School District Educational Services Center @ CFI
- Iowa City, Iowa Open in Google Maps

This job is also posted in Iowa City Community School District , and Teach Iowa, Iowa's Marketplace for education jobs

Job : 5909567

Final date to receive applications: Oct 10, 2026 4:30 PM (Central Standard Time)

Posted: Aug 31, 2026 5:00 AM (UTC)

Starting Date: Immediately

Position Summary

The School Business Official (SBO) plays a critical role in managing and maintaining the district’s day-to-day financial operations under the supervision of the Chief Financial Officer and direction of the Superintendent. This position ensures complete accuracy, compliance, and transparency across all financial functions, including general ledger management, accounts payable, payroll with holdings, benefits administration, and special billing (such as open enrollment and special education).

Working within the framework of the Iowa Department of Education SBO Standards, the SBO supports the CFO in certified budget implementation, multi-year forecasting, audit preparations, and cash position optimization. The ideal candidate acts as a key operational anchor, ensuring strict adherence to Governmental GAAP, state spending authority, and reporting requirements via the Iowa Education Portal, while delivering timely financial data to district leaders to support strategic decision-making.

Reports To: Chief Financial Officer

Classification: Year Round Salary
- Assistant ESC I

Salary: $95,000 to $133,000

Essential Duties and Responsibilities

The School Business Official shall serve under the Chief Financial Officer of the District under the direction of the Superintendent of Schools. The School Business Official accounts for all district finances, and assists the Chief Financial Officer in the budgeting process. Under general supervision of the Chief Financial Officer, the School Business Official performs the following responsibilities within the overarching framework of the Iowa Department of Education’s Standards for School Business Officials (SBO Standards) including any other duties as assigned.

• 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.
• Implements the certified budget process.
• Provides timely payment of bills and other accounts payable
• Make timely payments of employee with holdings to appropriate government and retirement systems.
• Audit records and administer payment processing for benefits which includes: IPERS, 403b, Health Saving Accounts, Flexible Spending Accounts, etc. and ensure employee contributions are within qualifying legal limits.
• Manage open enrollment, special education, supplemental weighting, and all other billing for the district.
• Arrange and coordinate preparation of documents for the annual financial audit.
• Implement audit suggestions regarding corrections, adjustments, internal controls, and segregation of duties in the Business Office.
• Submit required State and federal payments and reports.
• Understands the content and purpose of the Aid and Levy Worksheet.
• Adheres to the concept of spending authority.
• Provides detailed financial data that is useful to the Chief Financial Officer and other district administration.
• Assists with development of monthly statements of receipts, disbursements, and balances for every fund.
• Optimizes the handling of bank and deposit relationships and initiates strategies to enhance cash position.
• Audit buildings for cash handling and business procedures.
• Forecasts a line item budget by department, including multi-year projections of revenues/expenses that is shared with…