Chief Financial Officer
About The Position
The Maryland State Department of Education is dedicated to supporting a world-class educational system that prepares all students for college and career success in the 21st century. With excellent stewardship from our divisions, we oversee State and federal programs that support the needs of a diverse population – students, teachers, principals, and other educators throughout Maryland. This is an Executive Service position, and serves at the pleasure of the Appointing Authority. The Chief Financial Officer, Division of Finance provides leadership and direction in establishing and executing the financial strategy for the Maryland State Department of Education (MSDE) for the successful implementation of the State Board of Education (SBOE) and MSDE’s multi-year strategic plan and the Blueprint of Maryland’s Future’s vision for the success of all students. This role is responsible for the preparation, and presentation of the budget to the State Board of Education, Governor’s Office, Department of Budget and Management (DBM) and to the committees of the General Assembly.
Requirements
- A bachelor’s or higher-level degree in Business Administration, Accounting, Finance, or Public Administration from an accredited college or university
- 10 years of progressively responsible experience in resource planning and budget administration, public policy and fiscal analysis, experience in critical fiscal policy implementation, leading large-scale fiscal operations, and experience in leading an agency through federal and state financial audits.
- At least five years of the required experience must have included high-level managerial experience supervising finance teams, professional staff, and overseeing departmental operations.
Nice To Haves
- Experience in public sector budgeting in an agency receiving at least $2,000,000 annually in State and Federal Funding
- Experience with Federal funding and grants management
- Experience developing policies related to organizational finance and budget
- Understanding of Maryland government accounting
Responsibilities
- Executing the Department’s financial strategy that is reflected in the annual budget
- Providing leadership, advice and guidance to the Department’s response to fiscal notes, communication with DBM and the Department of Legislative Services (DLS) as well as special projects impacting the State’s education and important program budgets
- Establishing and implementing policies and programs to align fiscal resources in accordance with the fiscal policies and regulations
- Overseeing the Division of Finance to ensure a successful implementation and management of over $12 billion in federal and State funds, control of encumbrances, timely invoicing and payments to Department’s vendors and stakeholders, ensure that financial operations and transactions are verified, recorded and reported to management in accordance with Generally Accepted Accounting Principles and in compliance with State and federal regulations and practices
- Establishing a vision, direction, goals, and capacity building where division staff are prepared and held to a high level of performance ensuring transparent and efficient operations for all the branches within the division
- Approving major budget alignments, material procurements, and material journal adjustments
- Supervising the work of the Deputy Chief Financial Officers, Senior Executive Directors, and Directors in the Division of Finance to ensure efficient and accurate financial operations
Benefits
- STATE OF MARYLAND BENEFITS
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What This Job Offers
Job Type
Full-time
Career Level
Executive
