Executive Financial Officer

Executive Financial Officer (EFO)

The State of Connecticut’s Office of Policy and Management (OPM) is accepting applications for qualified candidates to fill the position of Executive Financial Officer (EFO). This position offers a unique opportunity to establish and monitor state agencies’ financial policies in order to enhance existing management systems and practices. The opportunity is available to current agency employees.

In the Office of Policy and Management, Office of Finance this class is accountable for establishing and monitoring state agency financial policies in order to enhance the existing management systems and advise agency heads concerning agency financial staffing needs in accordance with Section 4-70b of the General State Statutes.

• Direct staff and operations of the Office of Finance.
• Establish state agency financial policies and monitor financial systems and operations of state agencies.
• Monitor financial reporting of all state agencies and commissions, and of all nonprofit providers subject to state and/or federal single audit requirements.
• Evaluate training needs and administer career development programs for key fiscal personnel across all state agencies.
• Provide technical assistance and ensure compliance with the Municipal Auditing Act and State Single Audit Act.
• Monitor municipal fiscal conditions and provide guidance to the Municipal Finance Advisory Commission (MFAC) and the Municipal Accountability Review Board (MARB).
• Coordinate municipal matters with OPM’s Intergovernmental Policy and Planning Division.
• Evaluate and recommend improvements for statewide financial management, including but not limited to: management of Core-CT, the statewide Enterprise Reporting System (ERP), and implementation of a statewide enterprise grants management system.
• Establish analytics, reporting tools, and financial management policies for State agencies.
• Set policies for obtaining, managing, and evaluating Procurements by State agencies.
• Develop and implement IT and telecommunications policies for State agencies.
• Review State agency operations and recommend improvements to structures, processes, and staffing.
• Serve as an in-house advisor to OPM and the Governor’s Office regarding the financial management, procurement, and contracting policies and practices of state agencies.
• Provide training on procurement policy and processes for personal service agreements (PSA) and purchase of service (POS) contracts, including those relating to legislatively directed funds.
• Establish policies for obtaining, managing, and evaluating the quality and cost-effectiveness of State agencies.
• Represent the Secretary of OPM on various boards and commissions.

• Considerable knowledge of and ability to apply management principles and practices.
• Relevant state and federal laws, statutes and regulations.
• Public administration including governmental financial management systems operations and theories.
• Financial information systems and technology.
• Knowledge of human resources principles and practices relevant to compensation, performance appraisal, career development and staffing.
• Considerable interpersonal skills.
• Oral and written communication skills.
• Considerable ability to analyze and evaluate complex statistical and financial data.

Ten (10) years of professional experience in the management of financial operations with emphasis on strategic planning.

Five (5) years of the General Experience must have been as a chief financial officer in a public or quasi-public organization.

• College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor's degree.
• A Master's degree in public administration, finance or business may be substituted for one (1) additional year of the General Experience.

• Experience developing financial, management, procurement, and contracting policies, as well as implementing process improvements.
• Experience developing and implementing policies, procedures, and systems for improving state agency processes.
• Experience preparing budgetary, financial, and legislative reports.
• Experience representing agencies on governmental boards and commissions.
• Experience applying principles of government accounting and budgeting, debt management, and employee health and pension benefits, and understanding factors affecting government finances.

The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.