Chief Financial Officer

Commonwealth of Massachusetts • Boston, MA

9d

About The Position

The A&F CFO is the senior professional charged with financial oversight and execution for the Executive Office for Administration & Finance, which is an organization of over 180 people organized as the Office of the Secretary, Budgeting and Legal teams, and the A&F Information Technology team.
In addition, the A&F CFO plays a coordination and leadership role for the financial teams in related organizations. In larger organizations such as DOR, DCAMM, and HRD, the partnership is with financial teams and fellow CFOs. In smaller agencies, the A&F CFO function may play an active role in the financial function, where the agency is too small to support a dedicated finance staff.
The CFO oversees an internal finance team including a Business Manager, who executes a number of key functions under the supervision of the CFO. The CFO may also have management oversight for other members of the office team, as needed.
The CFO must possess strong financial acumen, with a demonstrated ability to synthesize and communicate complex financial information verbally and in writing. The CFO must have the ability to operate strategically and practically, to ensure that effective and appropriate policies, procedures, and business processes are established and implemented.
The position reports to the Assistant Secretary for Administration.

Requirements

• Applicants must have at least (A) six (6) years of full-time or, equivalent part-time, professional, administrative, supervisory, or managerial experience in financial management work (i.e. budgeting, accounting, auditing, management analysis, program evaluation, financial reporting of program results), of which (B) at least two (2) years must have been in a supervisory or managerial capacity or (C) any equivalent combination of the required experience and substitutions below.
• A certificate in a relevant or related field may be substituted for one (1) year of the required (A) experience.
• A Bachelor's degree in a related field may be substituted for two (2) years of the required (A) experience.
• A Graduate degree or higher in a related field may be substituted for three (3) years of the required (A) experience.
• A Doctorate degree in a related field may be substituted for four (4) years of the required (A) experience.

Responsibilities

• Oversees secretariat fiscal planning
• Provides leadership in the planning, development and implementation of policy guidance to A&F agency chief financial officers in all fiscal/administrative and personnel related matters. This includes oversight and coordination for all A&F secretariat –wide fiscal/administrative projects.
• Leads the annual budgeting process and ongoing financial oversight for A&F and its member agencies.
• Coordinates the A&F capital agency component of the state’s Capital Investment Plan.
• Manages and executes contracting and accounts payable
• Oversees all accounting activities, assure compliance with state finance law as well as all procurement regulations
• Manages ongoing communications and compliance with rules and regulations pertaining to oversight departments including the Human Resource Division, Office of the State Comptroller, and the Operational Services Division.
• Oversight of Inter-agency Service Agreements (ISAs) and standard contracts executed by A&F.
• Ensures that HR-related transactions (including headcount tracking, job postings, FTE appointments, and compensation) are in accordance with budgets.
• Forecasting costs of A&F’s day to day operations.
• Direct and ensure the smooth operation of an efficient system of control within areas of responsibility including budget/revenue management, accounts receivable and payable, and financial regulatory compliance.
• Mentor and develop staff in best practices for budgeting, financial analysis, accounting, revenue control, auditing and procurement.
• Provide recommendations to Assistant Secretary for Administration and Finance on all policy, program, financial and political matters related to agency financials.
• Ensure maintenance of appropriate internal controls and financial procedures, which comply with all federal and state regulations.
• Consult and collaborate with the Office of State Comptroller and State Treasurer’s Office on fiscal practices and information sharing in support of business process improvement.
• Develop fiscal policy proposals and programs for the state in collaboration with other agencies and staff.

Benefits

• When you embark on a career with the Commonwealth, you are offered an outstanding suite of employee benefits that add to the overall value of your compensation package. We take pride in providing a work experience that supports you, your loved ones, and your future.
• Want the specifics? Explore our Employee Benefits and Rewards!

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 5,001-10,000 employees