Chief Financial Officer Iii

Position: CHIEF FINANCIAL OFFICER III
Department

Executive Office of Health and Human Services

Division

Accounting/Finance

Salary

$ - $

Job Profile

JC-- Chief Financial Officer III (Non-Union Executive Branch)

Scheduled Work Days & Work Hours

Monday - Friday, 8:30am - 4:00pm

35 Hours - Non-Standard

Job

Requisition Number

JR102648 CHIEF FINANCIAL OFFICER III (Open)

Pay Grade

C00147 A

Classification

Chief Financial Officer III

Class Definition

GENERAL STATEMENT OF DUTIES:
To oversee the financial administration for a large and highly complex department's (as defined by the DOA Office of Management and Budget) fiscal and budgetary processes; to be responsible for all departmental fiscal functions including budget development, internal controls, and the fiscal administration of programs funded by state, federal, or other sources; to participate as a key member of the agency's executive leadership team in establishing and updating the agency's strategic planning documents and key performance metrics;

and to do related work as required.

SUPERVISION RECEIVED:
Works under the administrative direction of the Department Director with wide latitude for the exercise of independent initiative and judgement; work is subject to review through conferences and submitted reports for conformance to laws, policies, rules, regulations and department objectives.

SUPERVISION EXERCISED:
Directly plans, coordinates, supervises and reviews the work of a professional staff engaged in fiscal/financial tasks.

ILLUSTRATIVE EXAMPLES OF WORK PERFORMED:

* To oversee the financial administration for a large and highly complex department's (as defined by the DOA Office of Management and Budget) fiscal and budgetary processes.

* To be responsible for all departmental fiscal functions including budget development, internal controls, and the fiscal administration of programs funded by state, federal, or other sources.

* To participate as a key member of the agency's executive leadership team in establishing and updating the agency's strategic planning documents and key performance metrics.

* To provide leadership and direction for a departmental financial management team.

* To oversee agency staff who perform procurement, accounting and budget tasks using the State's ERP software and other software tools.

* To lead the process to develop agency annual operating and capital budgets.

* To develop effective tools for comparing actual financial operating results with the budget and to research and determine the reasons for any variances.

* To develop and implement effective corrective action plans to address variances between budgeted and actual expenditures.

* To present the agency's budget, operating results, corrective action plans and other financial matters to staff at the Office of Management and Budget (OMB), Office of Accounts & Control and legislative finance.

* To prepare all required reports and make presentations to explain budget variances and the associated corrective action plans that will be taken.

* To develop and monitor processes to ensure compliance with various Federal program provisions and Federal OMB Uniform Grants Guidance.

* To manage revenue and cash flow and ensure that funding from all non-general revenue sources, including Federal and restricted sources, is maximized to the extent allowable.

* To provide guidance to agency staff on compliance with generally-accepted accounting principles as well as to ensure appropriate internal controls are implemented to protect agency assets and minimize risk.

* To oversee the maintenance, review and reconciliation of financial information to subsidiary records in order to ensure compliance with generally-accepted accounting principles and sound internal control principles.

* To make relevant recommendations to the Department Director and senior management team to improve financial processes and internal controls.

* To collaborate with the Department of Administration in financially managing the completion of contracts, grants, purchasing and lease arrangements, and related special projects.

* To interpret federal and state laws and accounting principles to ensure departmental accounting processes and procedures comply.

* To be responsible…