Mar 11, 2020

Chapter Forty-Four >>>>> Finance Division (Overview)

Below I give key staff and an overview of the Finance Division of the Minneapolis Public Schools.

 

The Finance Division section of the MPS website includes the following summary of the division’s departments and services.

 

Welcome to the division of Finance Division website. The office of the Chief Financial Officer leads the division of Finance, which is responsible for the overall fiscal management of the district. Finance functions as the financial disbursement operation.

 

The Finance division umbrella includes Accounts Payable, Budget, Benefits, Payroll, Procurement, and Student Accounting Departments. Some of the responsibilities covered in these departments are monies for student-generated revenue, legislative allocations, budget accountability, annual budget tie-out process, fiscal auditing as well as grants management.

                                              

MPS Finance Department Leadership and Staff

 

Chief Financial Officer
Ibrahima Diop

Finance Project Coordinator
Shanique Williams
Phone: 612.668.0113
Email:
Shanique.Williams@mpls.k12.mn.us

 

Finance Division Staff                                    Position

 

Ibrahima Diop                                                   Chief Financial Officer (CFO)

 

Ashwin Muni                                                     Senior Accountant

Bbita Rumrup                                                    Accounts Payable Specialist

Bharti Bhatnagar                                              Accounts Payable Specialist

Jason Stegman                                                  Financial Operations Manager

Jayaraman Subramaniam                             Financial Systems Administrator

Jeffrey Grilley                                                   Controller’s Office Accountant

Jennifer Anderson                                          Teen Parent Services Business Financial Services

Jim Liston                                                            Lead---  Student Accounting

Joshua Koesters                                               Financial analyst/Financial Operations

Kate McKay                                                        Senior Accountant/ Finance Systems

Kimberly Lieb                                                    Supervisory Accountant/Budget Operations

Lacie Shockeney                                              Information Assistant

Lan Nguyen                                                        Budget/ Finance Specialist, Budget Operations

Linh Phanh                                                         Budget/ Finance Specialist, Budget Operations

Thom Roethke                                                  Senior Financial Analyst

Mert Woodard                                                 Senior Accountant/Financial Operations

Michael Cowell                                                                Risk Manager

Michael Offstein                                             Budget/Finance Specialist

Nevonia Rainwater                                         Manager, Accounting and Vendor Support

Ning Thongchai                                                                Finance Reporting Manager

Shanique Williams                                         Finance Project Coordinator

Stacy Swain                                                        Payroll Manager

Tammy Frederickson                                     Budget Director

Tou Doua Yang                                                  Senior Buyer/Procurement

Travis L. Johnson                                              Payroll Analyst

Tristen Kangas                                                  Payroll Analyst

 

Tariro Chapinduka, Executive Director, Financial Systems, began academic year 2019-2020 with the Minneapolis Public Schools but resigned to take a position with another school district. 

 

The staff members given above are those listed on the MPS website but represent only about half of the approximately 50 staff members who work under the leadership of Ibrahima Diop.

 

Mr. Diop studied law and economics in his native Senegal;  he holds a B.A.in business and finance from the University of Nebraska and a masters of economics from the same university.  He went on to serve the public schools of Omaha, Nebraska, as Chief Financial Officer, from which he was recruited to come to the Minneapolis Public Schools in 2016 in the same capacity. 

 

When he came to the Minneapolis Public Schools, he discovered a $27 million dollar deficit that had been camouflaged in reports to the school board and addressed by borrowing and drawing from the

fund balance.  Mr. Diop was given great scope by Superintendent Ed Graff, who had just become superintendent in July 2016, to tighten Davis Center and school site budgets.  By academic year 2018-2019, the budget was balanced;  this remained true in academic year 2019-2020, with a firm plan for structurally balance budgets for coming academic years.  By spring 2020, indications of revenue and expenditures from Minnesota state and federal sources, together with referendum revenue and private grants, projected a $19 million shortfall that Diop and staff would be addressing so as to 

maintain a structurally balanced budget for academic year 2020-2021.

 

……………………………………………………………………………………

 

 

Finance Division Departments/Areas

 

Accounts Payable

Budget

Benefits

Payroll

Procurement

Student Accounting

 

Minneapolis Public Schools
1250 West Broadway
Minneapolis, MN 55411

Phone: 612.668.0113
Fax: 612.668.0385 


 

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