Chief Financial Officer

State of Washington-posted 2 months ago
Full-time • Executive
Hybrid • Olympia, WA
Administration of Economic Programs
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The Employment Security Department (ESD) is seeking highly accomplished state financial executive to serve as the Chief Financial Officer (CFO) for the agency. The ideal candidate is a strategic thinker and a principled leader-someone who is calm, methodical, and resilient under pressure. You are compassionate, inclusive, culturally competent as well as technically sharp and politically astute. You're a balanced human centered leader, committed to fostering a culture of performance and positivity. You approach your work with transparency and honesty. You're capable of engaging diverse stakeholders with empathy and resolve. You possess both strategic and financial technical skills to lead change. You are an effective communicator that interprets complex information into accessible analysis for various audiences. You have some insight into the Washington state budget and its current financial transformation. As the CFO, you will play a critical role in shaping the strategic direction of the agency's financial landscape. You will lead the Financial Services Division, while partnering with the agency's program leaders and stakeholders. The CFO supports ESD's mission of contributing to healthy community by providing equitable access to resources that improve economic security. You oversee and monitor all dimensions of the agency's financial operations while navigating change, prioritizing projects and fostering a culture of teamwork, collaboration and partnership with teams and agency partners. Washington State is undergoing a profound financial systems transformation, migrating from the Agency Financial Reporting System (AFRS) to Workday ERP under the One Washington initiative. The success of this transition-and the integrity of the state's financial reporting-depends on the expertise, judgment, and stewardship of the Financial Services Division. The CFO will serve as the business sponsor for this transformation, guiding the agency through complex business process redesign, financial data modeling, and change management. This role demands a leader who can translate enterprise-level strategy into operational excellence, ensuring compliance with federal and state financial laws, rules and policies while fostering a culture of accountability and innovation. This is a hybrid role with an expectation of 2-3 days per week in person in Olympia, WA.

  • Lead development and monitoring of biennial operating and capital budgets
  • Oversee federal grant performance, reporting, and compliance
  • Manage banking relationships and trust fund operations
  • Ensure equitable distribution of funds to support marginalized communities
  • Direct procurement, contracting, and asset management functions
  • Advance equity within FSD and across ESD
  • Recruit, retain, and support a diverse and technically proficient workforce
  • Represent ESD to OFM, legislative budget committees, and external partners
  • Lead the development of fiscal notes and financial impact analyses for legislation
  • Maintain a strong fiscal internal control environment and ensure timely payments
  • Ten years of combined relevant experience and/or education in business, finance, accounting, public administration, or a closely related field, including five years of progressive financial management experience, which includes multiple fund sources and managing supervisors in a highly complex organization, applying human-centric leadership and management principles.
  • Associate's degree in business, finance, accounting, public administration, or a closely related field, plus eight years of relevant experience, including five years of progressive financial management experience involving multiple fund sources and managing supervisors in a highly complex organization, applying human-centric leadership and management principles.
  • Bachelor's degree in business, finance, accounting, public administration, or a closely related field, plus six years of relevant experience, including five years of progressive financial management experience with multiple fund sources and supervisory management in a highly complex organization, applying human-centric leadership and management principles.
  • Five years leading large teams managing complex budget, accounting, and financial operations in medium-to-large governmental organizations.
  • At least five years of management experience, including performance management, organizational planning, budgeting, resource planning, public/stakeholder relations, and leadership.
  • A Master's degree in Business, Finance, Accounting, Public Administration, or related field
  • CPA Certification
  • Certified Governmental Financial Manager (CGFE) certification
  • Financial reporting & analysis - financial statement presentation; federal and state reporting; fiscal notes; fiscal impact statements.
  • State accounting systems - State Agency Financial Reporting System (AFRS); accounting transactions.
  • Budgeting, allotments & forecasting - budget development and control; allotment development and control; revenue forecasting and control.
  • Costing & allocation - cost allocation methodologies; contract/procurement-related cost considerations.
  • Accounting & auditing standards - Generally Accepted Accounting Principles; governmental accounting standards; Generally Accepted Auditing Standards; governmental auditing standards.
  • Internal controls & compliance - internal control over fiscal transactions; policy development, implementation, and control; contracting/procurement compliance.
  • Contracting and procurement - contracting/procurement experience; contract financial oversight and reporting.
  • Policy & governance - policy development, implementation, control; preparation and review of fiscal impact statements.
  • Continuous improvement - basic working knowledge of continuous process improvement applied to fiscal processes.
  • Cross-cutting fiscal skills - integration of accounting transactions, reporting, budgeting, forecasting, and internal controls to support transparent fiduciary management.
  • Flexible work schedules and teleworking opportunities
  • Support, value, and trust to empower employees to grow and develop
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