Agenda Item
c. PERSONNEL RECOMMENDATION FROM EXECUTIVE SESSION
Summary: Dr. Tekshia Ward-Smith, Administrator, Division of Human Resources , 678.676.1200
Request: It is requested that the Board of Education approve the hiring recommendation of Ms. Lauren Scott as the new Deputy Chief of Finance in the Division of Finance.
Details: Dr. Tekshia Ward-Smith, Administrator, Division of Human Resources , 678.676.1200
Contact: Dr. Tekshia Ward-Smith, Administrator, Division of Human Resources , 678.676.1200
Effective: Upon Board approval
LAUREN N. SCOTT
OBJECTIVE: To work with an agency where my resourceful financial accounting/ reporting, procurement, budget
management and audit background will add value to organizational operations.
ACADEMICS:
Clark Atlanta University Atlanta, Georgia
Bachelor of Arts, Accounting - May 2008
Master of Accounting - May 2008
SUMMARY OF QUALIFICATIONS:
Adapt at managing budgets, accounting operations and staff
Strong ability to manage multiple projects within a specified, restricted time frame
Skilled communicator, able to build strong working relationships with co-workers and clients
Superior analytical, data interpretation, and record keeping abilities
Have a comprehensive knowledge and application of Generally Accepted Accounting Principles (GAAP) and
Governmental Accounting Standards (GASB)
PROFESSIONAL EXPERIENCE:
MEMPHIS-SHELBY COUNTY SCHOOLS Memphis, Tennessee
Senior Budget Manage/Acting Deputy Chief Financial Officer August 2022-Present
Drives the District’s fiscal budget, $2.1 billion, and strategy in a multidisciplinary environment, including
developing the annual District and school-based budgets aligned with strategic goals for the largest school District
in Tennessee, serving more than 100,000 students, 14,000 employees and approximately 155 schools
Lead cross-functional project teams that include Finance, Academics, and Human Resources to provide oversight of
fiscal allocations to District departments/initiatives and schools, including long-term financial planning and strategic
redistribution of District funding
Assist with implementation of a staff allocation model for more equitable school-based funding
Manage the creation of school budget templates, funding formulas, and revenue estimates
Coordinate and direct all budget control functions within the District
SHELBY COUNTY SCHOOLS Memphis, Tennessee
Manager, Accounting & Reporting April 2020-August 2022
Oversee the District’s financial accounting functions, including preparation of the comprehensive annual financial
report (CAFR) to provide key leadership support in the monitoring of the District’s $1.1B budget and ensuring that
District-wide accounting and financial information is complete
Supervise staff of four (4) and effectively train, motivate, delegate, monitor, and evaluate performance to ensure
target and goals are met
Coordinate preparation of monthly accounting close, monthly financial reports and year-end accounting close and
annual financial reports for the School District
Develop, presents, and defends budget requirements for area; oversees and approves expenditures, and prepares
financial forms and reports
Responsible for monitoring, tracking, and reconciling grants, including federal and other local state and county
grants
SHELBY COUNTY SCHOOLS Memphis, Tennessee
Senior Accountant, Accounting & Reporting January 2020-April 2020
Assist with managing revenue and expenses for the General Fund, which carries a balance of more than $500M
Review revenue and expense account analysis and reconciliations
Assist in special projects as necessary
Prepare preliminary and final financial statements and periodic reports to the management to facilitate cost control
Implement SCS Accounting Policies and interpret guidance regarding accounting transactions
AUGUSTA TECHNICAL COLLEGE Augusta, Georgia
Fiscal Analyst August 2013 – December 2019
Assist with all record keeping, internal controls and fiscal systems to insure prompt and accurate preparation of all
financial data
Managed five-person accounting operations responsible for Accounts Receivable, Accounts Payable, Purchasing,
Fixed Assets, and General Ledger
Manage and monitor federal grant financial milestones and budgets, including monitoring and evaluating budgets
for various fund sources
Assist in the preparation of GAAP, GASB Budget Statements and other State mandated financial reports, including
Board of Directors, funding sources, and other Agency personnel
Manage financial/budget process associated with monthly financial statement accounts, purchasing, and federal
grants including reconciling, monitoring budgets and analyzing status
Facilitate and supervise sections of the Annual Operating & Capital Budget process
E-Z-GO Augusta, Georgia
Financial Analyst January 2011 – January 2013
Assisted with monthly, quarterly, and year end processes, including preparation of the reports to Management
Prepared and strategically analyzed financial budgets for business segments to exhibit financial leverage
Created reports and analysis to support cross-functional departments and Management in understanding the
performance of the business and predict future results based upon relevant correlations, past performance, and
developing trends
Increased profitability and operational excellence by providing departmental budget reviews
Prepared and analyzed monthly financial reports and benchmarks
DELOITTE & TOUCHE LLP Atlanta, Georgia
Senior Auditor/ In-Charge September 2008 – December 2010
Conducted and managed key inputs into overall engagement decisions, including budgeting and forecasting of
resources including allocation and fee, work-plan and time-line, career development of up to a total of 5 associates
and interns, and coordinated with other service lines such as the tax and legal professionals, information risk
management and valuation specialists
Worked directly with client’s financial reporting, accounting department & company’s internal auditors to audit
SEC reporting and filings (i.e. 10K, 10Q, and various 8K’s).
Researched and worked closely with senior management and partners to assist with technical accounting matters
such as accounting for mergers and acquisitions, revenue recognition, leases, intangibles, derivatives, amortization
and assessing valuation of investments
Demonstrated strong financial analytical skills and knowledge to understand and document explanation for financial
trends and fluctuations over the general ledger key accounts and balances