Financial Director II

State of Vermont • Waterbury, VT

1d • Onsite

About The Position

The Financial Director II is responsible for ensuring strong stewardship of public funds in support of DOC's mission. This role oversees budgeting, accounting, internal controls, grants, contracts, reporting, and federal grant fiscal administration.

Requirements

• Master's degree in accounting, business or public administration or a related field AND two (2) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience including managing a major fiscal program or operation.
• OR Bachelor's degree in accounting or a bachelor's degree in any discipline that includes or is supplemented by 20 credit hours in accounting and three (3) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included managing a major fiscal program or operation.
• OR Associate's degree AND five (5) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff OR six (6) years or more of experience managing a significant fiscal program or section.
• OR High School diploma or equivalent AND eight (8) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.
• OR One (1) year or more of experience as a Financial Director I with the State of Vermont.
• In accordance with federal regulation, any person applying for employment in the Department of Corrections must provide relevant information. Previous institutional employers will be contacted and required to provide information regarding substantiated incidences of sexual abuse or resignation during a pending investigation of an allegation of sexual abuse.
• By submitting this online job application, you certify all information furnished is true and complete.
• The information you provide in accordance with this regulation may be used, and previous employers may be contacted for the purpose of investigating and verifying your work history.
• Candidates who have any felony conviction record or who, within the past five (5) years, have been placed under supervision or sanctioned for a misdemeanor conviction must receive a waiver from the Commissioner of Corrections in order to be considered for employment.
• For some positions experience working with the VISION system (VISION is the State of Vermont PeopleSoft financial management system) may be required.

Nice To Haves

• Strategic budgeting and forecasting
• Internal controls and risk management
• Complex reconciliations and problem-solving
• Cost allocation and grant compliance
• Team leadership and talent development
• Clear, data-informed communication

Responsibilities

• Annual and multi-year budget development, monitoring, and forecasting for the Department.
• Responsible for all fiscal operations, oversee accounting work in the maintenance, review and reconciliation of financial records to ensure compliance with accepted accounting principles and standards. This includes monthly financial reports, cost analysis, posting, balancing, and reconciling accounting records.
• Managing the daily business operations of the Central Business Office and providing guidance to field and facility business staff.
• Responsible for auditing, DOC level internal control systems, fiscal operations, federal program fiscal administration.
• Design, implement, and monitor department-level internal control systems, policies, and procedures.
• Review all DOC contracts and grants for scope and fiscal content. Ensure documents comply with all necessary administrative bulletins, are coded correctly for DOC's budget and are financially accurate.
• Conduct cost analysis and develop/maintain methodologies for cost allocation across programs, facilities, and funds.
• Manage complex accounting activities, including: Compilation and analysis of complex data for federal and state reports, Coordinating financial systems and workflows across multiple offices and facilities, Evaluating and implementing accounting initiatives and process improvements.
• Analyze and distribute multi-program costs to appropriate funds in accordance with GAAP/GASB and grant requirements.
• Oversee fiscal management of federal grants (budgeting, drawdowns, reporting, subrecipient monitoring, and compliance with 2 CFR Part 200).
• Lead, mentor, and evaluate staff performing budgeting, payroll, AP/AR, grant accounting, and audit support.
• Ability to interpret and apply federal grant regulations (2 CFR Part 200) and state fiscal policies.
• Excellent leadership, communication, and stakeholder engagement skills.

Benefits

• 80% State paid medical premium
• Dental Plan at no cost for employees and their families
• Flexible Spending healthcare and childcare reimbursement accounts
• Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
• Work/Life balance: 11 paid holidays each year and a generous leave plan; many jobs also allow for a flexible schedule
• Low cost group life insurance
• Tuition Reimbursement
• Incentive-based Wellness Program
• Qualified Employer for Public Service Student Loan Forgiveness Program

What This Job Offers

• Job Type: Full-time
• Career Level: Senior