Deputy CFO - Fiscal Management

Commonwealth of Massachusetts • Boston, MA

11d

About The Position

The Executive Office of Labor and Workforce Development (EOLWD) consists of nine departments and divisions: Department of Career Services, Department of Unemployment Assistance, Department of Economic Research, Department of Labor Relations, Department of Industrial Accidents, Department of Paid Family and Medical Leave, Division of Apprentice Standards, Department of Labor Standards, and Commonwealth Corporation. EOLWD is seeking a Deputy CFO - Fiscal Management who will oversee the work of four units within the Finance Department: Budget, Federal Grants, Accounts Payable, and Contracts and Procurement. Reporting to the Chief Financial Officer, the incumbent will work closely with, and lead senior agency managers in developing the annual budget, monitoring spending of Federal and State Grants, ensuring compliance with all applicable state and federal rules for Accounts Payable and Contracts and Procurement, and coordinating within Finance to monitor trust fund account activity. The Deputy CFO will work with outside stakeholders to drive and oversee the annual state budget process with the Executive Office for Administration and Finance, and the House and Senate.

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 project management, supervisory or managerial capacity or (C) any equivalent combination of the required experience and substitutions below.
• The Deputy CFO must possess both broad and specific knowledge of all agency programs and operations and in-depth knowledge of agency, state and federal financial regulations, principles and practices.

Nice To Haves

• Minimum six years of experience as a Financial or Budget Director in a Massachusetts state agency.
• Extensive knowledge of the Massachusetts Management Accounting and Reporting System (MMARS).
• Knowledge of state procurement system.

Responsibilities

• Oversee, manage, and control all budgeting activities for EOLWD and its departments; develop budgetary principles and guidelines; design and manage a budget monitoring process and the related federal reporting; and develop budgets, policies, and procedures.
• Oversee EOLWDs purchasing, encumbrance and contracting, and accounts payable activities and ensure compliance with policies and procedures; ensure EOLWDs acquisition of, and payment for, goods and services is administered in compliance with established laws, regulations, policies and procedures in a cost-effective manner.
• Oversee the communication with federal and state funded agencies to report resources expended and obtain additional revenue for the agency.
• Provide direction to internal and external stakeholders during the audit process for budget and contracts; work with EOLWDs Internal Audit and Internal Control, the State Auditor's Office, US DOL to provide requested data.
• Assume related duties as assigned by the CFO.

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