Deputy Chief Financial Officer

Virginia Information Technologies Agency•Richmond, VA

4d•$85,000 - $95,000•Hybrid

About The Position

The Deputy Chief Financial Officer (DCFO) is a senior leadership opportunity for a mission-driven financial professional within the Division of Administration. The DCFO plays a role in the agency’s financial strategy and ensures that all aspects of its fiscal operations are accurate, compliant, and aligned with organizational priorities. This position oversees a wide range of essential functions, including financial management, accounting operations, daily fiscal activities, accounts payable and receivable, cash management, payroll certification, and the pre-audit review of all transactions while ensuring consistent application of uniform guidance and maintaining the highest standards of data integrity across financial systems. The DCFO also supports budget development, strengthens grant-related fiscal compliance, and provides analytical insight that informs agency-wide decision-making. With a focus on evaluating risk, enhancing internal controls, and ensuring continuous audit readiness, the role is vital to safeguarding the agency’s financial health. As the primary backup to the Chief Financial Officer, the DCFO offers leadership continuity and expert guidance, stepping in seamlessly to resolve complex financial issues and support ongoing operations. This position collaborates extensively with internal divisions, external partners, and oversight entities to promote transparency, accountability, and responsible stewardship of public funds. Through this broad and influential scope, the Deputy Chief Financial Officer helps drive high-performing, mission-aligned administrative processes and ensures that financial practices and systems effectively advance the agency’s goals.

Requirements

Considerable knowledge of fiscal operations, state accounting policies and procedures, and generally accepted accounting principles (GAAP), and a demonstrated application of accounting principles and procedures to address agency needs.
Proficient in the interpretation and application of state and federal guidance and regulations.
Expert skillset in preparing, analyzing, and reconciling accurate financial statements, analytical reports, and compliance documentation to implement and maintain an efficient system of internal controls.
Demonstrated skillset in applying audit standards and practices, including internal and external audit coordination.
Proficient knowledge and skills in financial management systems and other software packages.
Skill in collaboration, relationship building, and working effectively with internal and external partners to analyze issues objectively, recommend solutions, and support continuous improvement of financial operations.
Progressive experience in developing budgets, managing expenditures, and monitoring financial performance.
Significant experience in financial analysis, interpreting complex financial data, and developing actionable insights.

Nice To Haves

Experience with program grant compliance and budgeting expenditures.

Responsibilities

Financial Management- Assist in monitoring expenditures agency-wide, forecasting needs, and identifying financial risks.
General Ledger- Oversee full-cycle general ledger activities, including journal entries, account maintenance, and corrections.
Internal Controls and Audit Readiness-Prepare audit schedules, manage documentation, and coordinate with auditors.
Financial Reporting-Prepare and review monthly, quarterly, and annual financial statements.