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Finance Manager

CLASSIFICATION: Full-time, Exempt
SALARY: $102,075 - $143,799 per year, based on 10-step salary schedule
BENEFITS: Benefits include: employee/employer paid retirement (CalPERS); employee/dependent medical, dental and vision; 457 Retirement Savings Plan; group disability plan; Flexible Spending Account (FSA); and paid vacation, sick leave and holidays. 
APPLICATION DEADLINE: Applications will be accepted through July 31, 2019.

North Bay Schools Insurance Authority (NBSIA) is a mid-sized school-focused risk pool, serving over 10,000 school district employees and over 76,000 students with 30 employees.  We provide our member districts with high-quality, cost-effective and innovative protection, programs, and services, so they can focus on what they do best.

NBSIA members and staff are our greatest assets.  Our collaborative, team approach, and strong values, are among the reasons NBSIA is known as a premier risk management pool in the state.

Our Values
Member Centered
Risk Management Expertise
Long-term Vision
Innovation and Teamwork

This is a great opportunity to bring your exceptional skills to bear in support of our vision – Safe and healthy schools, where people are inspired to work and empowered to learn.

Job specifications are intended to present a descriptive list of the range of duties performed by employees in the position and are not intended to reflect all duties performed.


Under the general supervision of the Executive Director, the Finance Manager:

  • Plans, directs, and oversees all accounting activities within the Finance department; 
  • Plays a key role in the funding strategy and long-term financial security of the organization; and 
  • Provides financial and operational information and analyses to organizational leadership for the purpose of making informed business decisions. 

Primary responsibilities include budgeting and financial analysis and reporting for both North Bay Schools Insurance Authority (NBSIA) and its captive, North Bay Insurance Group (NBIG).  Strong communication skills, leadership, business acumen, experience, and financial expertise are required to be successful in this organization.


  • Responsible for the development and implementation of policies, and procedures relating to all facets of financial management, including budgeting, accounting, and payroll.
  • Provides innovative and effective analyses to enhance board’s and management’s understanding of complicated financial issues and the financial position of the organization.
  • Responsible for planning, organizing, and reporting financial status and options, including comparisons of budget to actual and other benchmarks against goals to determine the best course of action.
  • Prepares quarterly financial statements in accordance with Generally Accepted Accounting Principles (GAAP) as well as other financial reports and analyses.
  • Oversees maintenance and reconciliation of the general ledger and preparation of month-end journal entries.  
  • Prepares the annual operating budget and facilitates departmental budget reviews.  
  • Oversees monthly reconciliations of bank and investment accounts. 
  • Effectively monitors the investment portfolio.  Prepares and analyzes cash flow projections in order to advise the Executive Director of liquidity requirements and the recommendation of transfers to and from the portfolio.   
  • Oversees the year-end financial audit, including drafting of the Management Discussion and Analysis, as well as any special audits, collaborating with the auditor to resolve issues and respond to inquiries.
  • Coordinates the gathering of data and information for the actuary’s annual liability and funding study.  
  • Develops appropriate member contributions for all self-funded programs, including loss and administrative funding rates and exposure bases, in accordance with policies and actuarial information. 
  • Develops year-end and mid-year net asset calculations for all self-funded programs.  
  • Directs and ensures the timely and appropriate payment of obligations, including payroll, accounts payable, and CalPERS contributions.  
  • Directs the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses.
  • Ensures compliance with financial reporting to governmental and regulatory bodies.   
  • Understands and applies local, state, and federal laws regulating the financial accounting, reporting, and recordkeeping requirements.  
  • Establishes system controls for and develops procedures to improve financial systems.
  • Prepares agenda items, staff reports, exhibits, and memos for the governing board, and makes oral presentations to same.  Actively participates and contributes in all meetings attended.
  • Prepares RFPs and assists with selection processes for various financial service providers.  
  • Supervises and evaluates the performance of accounting staff; establishes performance requirements and professional development measures. 
  • Participates in professional workshops, committees, meetings, and conferences.


Education and Experience

  • Bachelor’s Degree in finance, accounting, or related field.
  • 5+ years of experience in a similar financial management position.
  • 2+ years of supervisory experience.


  • Internal control and audit principles and practices.
  • GAAP and GASB accounting standards and requirements.
  • Advanced Excel and financial management software skills.
  • Proficient in Word, Outlook and PowerPoint.
  • Strong organizational, analytical and interpersonal skills.
  • Solid written and verbal communication skills.

Skills and Abilities

  • Clearly and concisely communicate information to others, both verbally and in writing, and quickly and effectively resolve issues and respond to questions.
  • Recognize and analyze problems or inefficiencies and provide suggestions for corrective action to management.
  • Prepare statistical and narrative reports in a clear and concise manner.
  • Maintain accurate accounting records and files.
  • Effectively manage time, priorities, and deadlines. 
  • Maintain security of confidential materials and information.
  • Establish and maintain cooperative working relationships.
  • Effectively supervise, train, coach, and mentor staff in a positive and nurturing manner.
  • Demonstrate strong leadership, interpersonal, and management abilities.
  • Understand the big picture while managing day-to-day financial details.
  • Self-motivated to learn new concepts and participate in and lead projects.
  • Foster an environment based on integrity and high ethical standards.

The conditions herein are representative of those that must be met by an employee to successfully perform the essential functions of this position.  Reasonable accommodations may be made to enable individuals with disabilities to perform these essential job functions.

Environment: Normal office environment.
Physical: Incumbents require sufficient mobility to work in an office setting and operate office equipment.
Vision: Vision sufficient to read small print, computer screens and other printed documents.

Please apply for this opportunity by sending your resume and cover letter via email to 
and to

Final Filing Date: 
Wednesday, July 31, 2019 (All day)
North Bay Schools Insurance Authority (NBSIA)