About The Position

The CFO is an executive level position responsible for monitoring, managing, analyzing, compiling, and reporting on all fiscal operations within the agency in accordance with all applicable statutory procedures and regulations. The CFO is responsible for creating the Baltimore City Department of Transportation’s (BCDOT) annual operating and capital budgets in collaboration with agency leadership. This position will be charged with developing the agency’s long-term financial strategy. The position will oversee all financial forecasts, proposed fiscal plans, audits, agency procurement, as well as the development of financial and budgetary policies and procedures in accordance with the Generally Accepted Accounting Principles (GAAP). The CFO leads fiscal optimization efforts, engaging in strategic planning to best support BCDOT’s overall vision, mission and continued growth. In addition to overseeing these fiscal functions, the CFO is responsible for the selection, training, and supervision of the fiscal office employees. The CFO manages the fiscal staff to provide guidance and training on complex fiscal transactions, policies, and procedures in addition to providing technical expertise and direction for the purposes of adhering to employee growth and agency guidelines.

Requirements

  • Have a bachelor’s degree in business administration, Public Administration, Management or related field from an accredited college or university.
  • A Certified Public Accountant licensure is required
  • Have 8 years of senior management, policy-driven operational responsibilities including 4 years of experience managing homogeneous functions through subordinate supervisors is required.
  • Have an equivalent combination of education and experience.
  • Strong analytical, research, and problem-solving skills, with a demonstrated track record of producing results related to budgetary and fiscal matters.
  • Ability to synthesize complex financial and policy topics and present findings in clear, accessible language.
  • Expert knowledge of financial analysis, budget development, and oversight processes.
  • Expert knowledge of the principles, methods and practices of GAAP.
  • Expert knowledge of Microsoft Excel; highly skilled in Microsoft Office.
  • Advanced knowledge of report preparation techniques and procedures and demonstrated ability to prepare and evaluate professional, technical reports and other documents.
  • Effective communication and collaboration skills to engage internal and external stakeholders.
  • Ability to direct and lead a large team and interpersonal skills.
  • Analytical and abstract skills.
  • Supervisory experience.

Nice To Haves

  • Preferred experience in leadership management supports staff members’ professional development.
  • Also, preferred 5 years of experience in directing a major program/project involving administrative policy formulation responsibilities and 5 years of experience in Commercial or Public Finance industry or related field.

Responsibilities

  • Oversee all financial operations in the agency.
  • Lead the annual budgeting process for both BCDOT’s operating and capital budgets.
  • Supervise payroll to ensure all staff are paid on a timely and accurate basis.
  • Monitor and approve budget expenditure.
  • Prepare cash flow projections and determine budgetary impacts, make recommendations to senior management staff.
  • Direct the preparation of all financial reports in an accurate and timely manner.
  • Oversee the monitoring of grant funds and make recommendations on grant expenditures.
  • Direct and coordinate the agency’s financial affairs according to sound principles, GAAP, and City, State and Federal government regulations.
  • Oversee all procurement for BCDOT.
  • Provide directions and recommendations to the Director of BCDOT on all financial and fiscal matters.
  • Maintain awareness of new technologies, philosophies, and trends in finance; stay up to date on industry literature; maintain professional affiliations; and represent the City of Baltimore as an industry leader.
  • Provide direction and oversight for BCDOT’s payroll, grants accounting, procurement, and telecommunications operations.
  • Manage a team of approximately 13 staff.
  • Represent the agency before Baltimore’s Board of Estimates and the City Council on matters including, but not limited to, budget submissions and spending authority requests and other financial matters.
  • Serve as the point of contact with City Audits and all external auditors; coordinate responses to any audit requests and findings as well as implement changes to improve processes as needed.
  • Provide timely responses for all pending City, State or Federal legislation which require a financial analysis and a fiscal note as to the impact of the action requested on the Agency and the City of Baltimore.
  • Workday software experience is preferred
  • Performs other related duties as assigned.

Benefits

  • The city offers medical, prescription drug, dental, vision, optional life, AD&D, and FSA plans.
  • This office also supplies wellness programs, support groups, and workshops.
  • You can learn about our benefits here: https://humanresources.baltimorecity.gov/hr-divisions/benefits

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What This Job Offers

Job Type

Full-time

Career Level

Executive

Number of Employees

5,001-10,000 employees

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