Chief Financial Officer; DOT Executive VIII

Overview

The Maryland Transportation Authority (MDTA) owns, operates, and maintains eight major toll facilities consisting of four bridges, two tunnels, and two turnpikes throughout the state. As a self‑supporting enterprise, MDTA has delivered safe, secure, and convenient transportation for more than 50 years. The Chief Financial Officer (CFO) is a key executive responsible for ensuring the organization’s financial health and stability, supporting the tolling program, and safeguarding revenue.

Collectively, the CFO’s divisions oversee activities such as:

• Preparing annual comprehensive financial reports, forecasts, and scenario analyses affecting toll revenue, capital and operating budgets, debt affordability, and toll rate proposals.
• Directing, managing, and monitoring the inflow and outflow of funds, including a $1 billion investment portfolio, a $2 billion debt portfolio, a $440 million annual operating budget, and $800 million in toll revenue attainment.
• Providing accountability for the Board Finance and Administration Committee agenda, materials, and presentations to the MDTA Board and to legislative committees for all financial‑related materials.
• Procuring services, information technology, architectural and engineering, construction, commodities, and maintenance contracts valued at $300 million annually.
• Ensuring compliance with all financial and procurement statutes, regulations, control directives, best practices, and trust agreements with bondholders and the travel plaza public‑private partnership (P3).
• Collaborating with the Division of Operations on tolling activity and toll revenue assurance.
• Coordinating receipt of federal funds and development of future public‑private partnerships (P3s).
• Securing third‑party insurance and recovering damages caused by drivers.
• Safeguarding material and supplies inventory and fixed assets.

PREFERRED QUALIFICATIONS:

Education: Bachelor’s degree from an accredited college or university in finance, accounting, business administration, economics, public administration, or a related field.

Experience: Ten years of progressively responsible experience in financial management, accounting, budgeting, treasury, debt management, or procurement, with five years in executive or senior management overseeing multiple financial functions.

The ideal candidate will possess the following:

• Certified Public Accountant (CPA) with high‑level management experience.
• Master’s degree in accounting, business administration, finance, or economics.
• Experience with revenue bond issuance, refunding, debt management, and credit‑rating agency interactions, including compliance with trust agreements and reporting requirements.
• Experience evaluating and implementing revenue adjustments, forecasting revenue impacts, and working with stakeholders on policy decisions.
• Strong understanding of enterprise risk management and experience managing a robust internal control environment.
• Proven executive‑level experience leading the evolution of the finance function, building relationships, and cultivating strategic influence.

MDTA employees receive a generous benefits package that includes a minimum of 11 paid holidays, at least 27 days of paid leave per year (personal, vacation, and sick), access to the State Pension System, deferred compensation plans, and excellent health, dental, and vision plans.

MDTA is an equal‑opportunity employer. The agency does not discriminate on the basis of age, ancestry, color, creed, gender identity or expression, genetic information, marital status, mental or physical disability, national origin, race, religious affiliation, belief, sex, or sexual orientation. Reasonable accommodations for persons with disabilities will be provided upon request.