Michael Derrick Steinmetz

School Business Administrator (CFO) at Essex Regional Educational Services Commission
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
Paramus, New Jersey, United States, JE

Topline Score

Topline score feature will be out soon.

Bio

Generated by
Topline AI

5.0

/5.0
/ Based on 1 ratings
  • (1)
  • (0)
  • (0)
  • (0)
  • (0)

Filter reviews by:

James Thomas Anderson

I have known Michael from the beginning of his proffessional career since his inception into the world of school business adminstration. Michael is a young, energetic individual with an impressive education background and a personal goal to only achieve the highest standards that are set before him. Entering a very competitive field he is faced with challenges everyday but remains focused to achieving his objectives. At a young age Michael has been in positions that called for job duties well beyond his years and preformed them with very positive results. Given the opportunity this man I would hire in a heartbeat if he was in my field of work. Any task set before him would be accomplished way above what would be expected because of his administrative skills,loyalty, and intergrity. In addition to our business relationship Michael and I have formed a personal friendship that wil last a lifetime.

You need to have a working account to view this content.
You need to have a working account to view this content.

Credentials

  • GFOA Certificate of Achievement for Excellence in Financial Reporting FY2014
    Government Finance Officers Association (GFOA)
    Jun, 2015
    - Oct, 2024
  • RSBA-Registered School Business Administrator
    NJASBO
    Jun, 2013
    - Oct, 2024
  • Qualified Purchasing Agent
    State of New Jersey Department of Treasury
    Mar, 2013
    - Oct, 2024
  • New Jersey Certified School Business Administrator, Standard Certificate
    State of New Jersey
    Jul, 2008
    - Oct, 2024

Experience

    • United States
    • Education Administration Programs
    • 1 - 100 Employee
    • School Business Administrator (CFO)
      • Jul 2021 - Present

    • Education Administration Programs
    • 100 - 200 Employee
    • School Business Administrator (CFO)
      • Jul 2018 - Jun 2021

      • Manage a $38,000,000 to $42,000,000 yearly operating budget while serving over 2,100 students grades Pre-k to 12th Grade including send/receive relationship with South Bound Brook Board of Education. • Annual Fiscal Audit for fiscal year 2018 and 2019 no written findings. • Perfect Fiscal Score NJQSAC New Jersey State Department of Education Audit in 2019. • Assisted with major construction projects $7 million dollar addition to school building while creatively funding the building addition with a ground lease and having zero tax impact on the tax payers. • Assisted minor construction projects brick pointing, boiler replacements, bleacher replacements, camera upgrades, silent safety management system and modify school entrances for safety. • Supervise all functions of the business office including the Food Service Department, Buildings and Grounds Department, Student Transportation, Purchasing, Accounts Payable, Accounts Receivable and Payroll Department. Show less

    • United States
    • Primary and Secondary Education
    • 1 - 100 Employee
    • Business Administrator (CFO)
      • Aug 2016 - Jun 2018

      • Manage a $35,000,000 to $38,000,000 yearly operating budget while serving over 2300 students grades Pre-k to 12th Grade. • Annual Fiscal Audit for fiscal year 2017 was a fiscal turn around for the district getting the school district out of a $2.5 million dollar deficit with a $3.7 million dollar change in financial position. • Annual Fiscal Audit for fiscal year 2017 by eliminating 17 out of 19 inherited audit findings from the 2016 fiscal year’s audit, restoring district’s fiscal integrity and internal controls. • Increase the Moody’s Bond rating from BAA-2 unstable to BAA+2 from fiscal year 2016 to 2017. • Supervise all functions of the business office including the Food Service Department, Buildings and Grounds Department, Student Transportation, Purchasing, Accounts Payable, Accounts Receivable and Payroll Department. Show less

  • South Bound Brook SD
    • South Bound Brook, NJ
    • School Business Administrator (CFO)
      • Aug 2012 - Aug 2016

      • Manage a $9,000,000 to $10,750,000 yearly operating budget while serving 555 students grades Pre-k to 8th Grade. • Perfect Annual Fiscal Audit for fiscal year 2013, 2014, 2015 with no written finding in CAFR and AMR. • Perfect NJQSAC and DPR Audit Score for Fiscal Management 2013-14 with no written finding. • Perfect Affirmative Action Audit Score from the New Jersey Department of Labor with no written finding. • Manage a $9,000,000 to $10,750,000 yearly operating budget while serving 555 students grades Pre-k to 8th Grade. • Perfect Annual Fiscal Audit for fiscal year 2013, 2014, 2015 with no written finding in CAFR and AMR. • Perfect NJQSAC and DPR Audit Score for Fiscal Management 2013-14 with no written finding. • Perfect Affirmative Action Audit Score from the New Jersey Department of Labor with no written finding.

    • Primary and Secondary Education
    • 1 - 100 Employee
    • School Business Administrator (CFO)
      • Jul 2012 - Jun 2015

      Part-Time School Business Administrator • Manage a $1,600,000 to $1,750,000 yearly operating budget while serving 131 students grades K to 8th Grade. • Perfect Annual Fiscal Audit for fiscal year 2012, 2013 and 2014, with no written finding in CAFR. • Perfect Charter School four year Renewal/Audit for the fiscal component with no written finding. Part-Time School Business Administrator • Manage a $1,600,000 to $1,750,000 yearly operating budget while serving 131 students grades K to 8th Grade. • Perfect Annual Fiscal Audit for fiscal year 2012, 2013 and 2014, with no written finding in CAFR. • Perfect Charter School four year Renewal/Audit for the fiscal component with no written finding.

    • School Business Administrator (CFO)
      • Jul 2009 - Aug 2012

      • Managed a $5,600,000 to $7,000,000 yearly operating budget while serving 525 students grades PreK to 8th Grade. • Recorded only one audit finding per year in fiscal year 2011 and 2012 as per the CAFR and AMR. • Almost doubled Fund Balance FY 10 starting with $339,736 and ending a with fund balance of $623,659.00 in FY 10. • Lead the renegotiation with the NJEA Union and LCCSEA agreeing to a salary freeze saving over $368,620.00 in FY 11. • Saved over $361,000 in the New Building Fund Grant (Fund 20, Special Revenue Fund) creating a funding vehicle to set aside for capital improvements to 2495 JFK, our school building. • Lead the renegotiation with the NJEA Union and LCCSEA agreeing to reduce its medical coverage from NJ Direct 10 to NJ Direct 15 and Changing dental Coverage while saving over $54,357.53 in FY 11. • Supervised a direct install lighting project using state rebates to get the project for free while over 3 years saving $24,000 in ongoing electrical costs and maintenance costs through warranties Show less

    • Assistant School Business Administrator (Asst. CFO)
      • Dec 2008 - Jun 2009

      • Serve as the organization’s 403B Plan Administrator. • Co-Supervise purchasing and procurement for the entire school district. • Co-Supervise of the Accounts Payable, Accounts Receivable, and Payroll Department. • Provide financial management for the Piscataway Education Foundation which is a 501(c) 3 organization, including financial reporting to the IRS. • Serve as the organization’s 403B Plan Administrator. • Co-Supervise purchasing and procurement for the entire school district. • Co-Supervise of the Accounts Payable, Accounts Receivable, and Payroll Department. • Provide financial management for the Piscataway Education Foundation which is a 501(c) 3 organization, including financial reporting to the IRS.

    • Assistant School Business Administrator (Asst. CFO)
      • Jun 2008 - Dec 2008

      • Reviewed and approved all district requisitions/purchase orders as assigned by the Business Administrator. • Assisted with preparing and executing of RFP’s and quotes for various types of purchases. • Reviewed and approved all district requisitions/purchase orders as assigned by the Business Administrator. • Assisted with preparing and executing of RFP’s and quotes for various types of purchases.

    • Assistant School Business Administrator (Asst. CFO)
      • Aug 2006 - Jun 2008

      • Coordinated simultaneous independent fiscal audits such as the annual audit, NJQSAC, NCLB, State Legislative Services and State Abbott KPMG for fiscal year 2006-2007.• Initiated the refinancing of the debt service ensure compliance with A-5 and saving a total of approximately $819,000 over the next ten years.

    • Acting Board Secretary
      • Nov 2007 - May 2008

      • Coordinated simultaneous independent fiscal audits such as the annual audit, NJQSAC, NCLB, State Legislative Services and State Abbott KPMG for fiscal year 2006-2007.• Initiated the refinancing of the debt service ensure compliance with A-5 and saving a total of approximately $819,000 over the next ten years.

    • United States
    • Higher Education
    • 700 & Above Employee
    • Admissions Counselor
      • Aug 2000 - Aug 2006

      • Responsible for the recruitment of prospective freshman students in New Jersey, Massachusetts, and Connecticut. • Recruited, trained, managed and supervised all twenty NJIT Ambassadors. • Responsible for the recruitment of prospective freshman students in New Jersey, Massachusetts, and Connecticut. • Recruited, trained, managed and supervised all twenty NJIT Ambassadors.

    • Internship
      • Jul 2005 - Dec 2005

      • Assisted with the financial data conversion from AS 400 Budget Assistance Software to Systems 3000. • Reviewed, monitored, and forecasted payroll/medical benefits for the entire school district for the 2006-2007 fiscal year budget. • Performed analysis of special education transportation and office equipment costs, and made recommendations that provided a better implementation of financial resources. • Assisted with the financial data conversion from AS 400 Budget Assistance Software to Systems 3000. • Reviewed, monitored, and forecasted payroll/medical benefits for the entire school district for the 2006-2007 fiscal year budget. • Performed analysis of special education transportation and office equipment costs, and made recommendations that provided a better implementation of financial resources.

    • Computer Hardware Manufacturing
    • 1 - 100 Employee
    • Account Manager
      • 1999 - 2000

      • Built and self-started new accounts based on rapport and excellent customer service skills. • Presented and prepared financial reports and gave presentations to clients and future clients. • Established and created financial solutions for clients based upon their individual needs and concerns • Built and self-started new accounts based on rapport and excellent customer service skills. • Presented and prepared financial reports and gave presentations to clients and future clients. • Established and created financial solutions for clients based upon their individual needs and concerns

Education

  • Kean University
    Masters, Education Administration, School Business Administration
    2004 - 2006
  • Kean University
    Masters, Public Administration
    1999 - 2002
  • Kean University
    BA, Public Administration
    1995 - 1999
  • Lacey Township

Community

You need to have a working account to view this content. Click here to join now