Chief Financial Officer

New Jersey Economic Development Authority (NJEDA) | Posted Feb 16 | Full‑time | New Jersey | Unknown

New Jersey Economic Development Authority (NJEDA). Join the NJEDA and help lead New Jersey to sustainable economic growth, fostering equitable opportunities and vibrant communities. We offer a hybrid work model, a supportive culture, and robust benefits, including health insurance, retirement plans, and extensive wellness programs.

This position requires an experienced finance executive who demonstrates a good mix of operational/technical finance management, strategic financial leadership/partnership, and the ability to stay close to the details while also contributing at a broad level.

Salary Range: $184,450-$195,300

• Develop and implement financial management strategies and practices aligned with the broader organizational strategy and growth objectives
• Provide finance support to strategic initiatives and organizational needs. Continually assess financial strategies and policies to ensure they remain compliant with regulatory, operational, and legal changes.
• Enable cross-functional division and department-level decision making through relevant financial reporting and informative dashboards
• Ensure strong internal controls are in place through cash management and investment policies
• Partner with NJ Treasury – Office of Management & Budget and NJEDA executive management to coordinate annual budget appropriation requests and provide updates on existing funding status, spending, and outcomes
• Oversee the annual audit and ongoing controls of the organization. Manage communications and interaction with external auditors and oversee the production of financial statements and tax documents.
• Manage key contracts with external partners for auditing, actuarial, investment, and banking services
• Responsible for maintaining the Audit Committee Charter and ensuring compliance with its requirements
• Ensure departmental practices and processes are in compliance with NJEDA policies and guidelines and are consistently applied
• Lead, attract, manage, motivate, develop, and retain high performing talent/teams. Promote teamwork and communication to encourage an interactive, cooperative, collaborative, and customer‑focused work environment among divisions, staff, and external customers.
• Create succession and development plans for all finance staff to ensure continuity of service and encourage employee growth.

• Serve as inter‑departmental team leader/executive sponsor for financially driven special projects, and contribute to the solution of management, legal, or financial issues from an institutional perspective
• Oversee management of financial systems, including the periodic update, enhancement, or replacement of such systems
• Drive continuous improvement of the finance function with the assistance of project managers and finance staff
  
  Partner with other business units that manage systems that integrate with or have dependencies on the financial systems
• Evaluate current and proposed enhancements for financial review programs to support the management of NJEDA projects by performing:
  • Cash flow modeling
  • Financial information review
  • Operating expenditure and cost allocation review
  • Contract administration
  • Federal and State financial compliance
  • Review and processing of reimbursement requests

• Partner with NJEDA business units to monitor progression and reporting related to the revenue goals and expense targets of the annual and long‑term strategic plans
• Provide expert consultation with executive management and product owners on appropriateness of finance fee revenue levels to support ongoing operations to encourage NJEDA’s continued financial sustainability

• Ensure that revenue streams are budgeted, monitored, and tracked by creating and regularly reconciling annual business plans with primary revenue generators, the principal areas of earned income, and government support. Partner with other senior EDA executives to manage, report, and analyze the institution's investment portfolio, investment policy & OPEB trust. Identify, review, and report on areas of…