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Chief Financial Officer
$348k-586k (estimate)
Full Time 2 Months Ago
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State of Maryland - Department of Human Services is Hiring a Chief Financial Officer Near Baltimore, MD

Introduction

�When you join the Maryland Department of Human Services (DHS), you join a team of more than 5,000 employees across the state dedicated to positively changing the lives of more than 1 million Marylanders each year. We aim to deliver services so that we more quickly meet the needs of the people we serve. At DHS, we grapple with hard questions to find new ways to foster a culture of bold innovation. We do this to ensure that in Maryland, we leave no one behind.�DHS is seeking a fiscal leader with experience driving change and implementing a new vision for the management of Budget & Finance functions throughout the Department.� This visionary leader will be responsible for recommending and applying best practices to ensure that the Department’s fiscal operations are efficient, effective and transparent.�The Chief Financial Officer (CFO) works with senior managers to efficiently develop budget proposals, provide access to project finance information, and ensure contract/grant compliance and reporting. This includes management and/or oversight of the Department of Human Services (DHS) financial budget for all 24 local departments of social services and program administration. Providing direction and strategic planning guidance for the preparation and monitoring of the Departments' budget of over $4 billion.Join the Mission to Transform Lives! Chief Financial Officer Needed!�

GRADE

26

LOCATION OF POSITION

Maryland Department of Human ServicesOffice of the Secretary311 W. Saratoga StreetBaltimore, MD 21201

Main Purpose of Job

The Chief Financial Officer (CFO) works closely with the DHS Secretary and other members of the executive leadership� to establish fiscal policy, procedures and goals that are consistent with the mission and values of the Department, and generally accepted accounting principles.� The CFO will have a day-to-day, ongoing impact on Departmental operations, helping to analyze, strategize, and grow our financial position. This seasoned strategist not only will understand current accounting practices and trends, but also will have experience adapting to and leading change.� The CFO will be comfortable driving data based financial decision making and will be versed in fiscal risk assessment and regulatory compliance.� As a member of senior management, the CFO will be comfortable in a leadership role that requires clear and effective communication skills.The responsibilities of the CFO includes overseeing and coordinating all departmental functions related to the preparation, negotiation and defense of the Department's annual operating budget, of more than $4 billion, monitoring and execution of that budget, oversight of the payroll for nearly 6000 permanent and contractual employees, general accounting, procurement, the disbursement of $2.0 billion in federal funds and accurate annual fiscal close- outs.Day-to- day responsibilities include management and oversight of the Office of Budget & Finance, including the Budget & Management Division, Accounting Operations, Cost Allocation Revenue Management, Financial Management Information Systems (FMIS), and fiscal operations for all 24 Local Departments of Social Services (inclusive of 4 large metro offices) and eight (8) headquarter Administrations.�This position is essential for the Department to succeed in fulfilling its mission of aggressively pursuing opportunities to assist people in economic need, increase prevention efforts and protect vulnerable children and adults. Sound fiscal leadership translates into structuring a budget to achieve our mission, satisfy the Governor's vision for this Department and gain legislative approval of the Governor's Annual Operating Budget Request. Equally important is managing our fiscal resources to achieve measurable outcomes.This is a Management Service position that serves at the pleasure of the Appointing Authority.

POSITION DUTIES

Budget Management:� Directs and manages the people and processes that provide strategic controls, management and� direction for the Department's fiscal matters. issuance of budget instructions for the Department of Human Services (DHS). Supervises the development, presentation and execution of the Department's budget.� Oversees the evaluation of budget requests, conducting formal reviews and providing recommendations to the Secretary of DHS. Works with the Secretary on budget negotiations with the Department of Budget and Management.Funding Duties: Oversees the operation of a Departmental cost accounting system which merges all fiscal and accounting activities of the constituent agencies into a composite system which maintains the integrity of accounts, and state and federal reporting requirements.�� Manages the preparation and submission of requests for federal funds in a timely manner to ensure proper optimization of cash flow for the State of Maryland Approve Federal grant requests.�� Oversees all fiscal reporting activities for the Department including�State and Federal expenditures, GAAP/GAAS financial year-end closing and cash management reports for all constituent agencies and 24 local departments.�Special Duties: Oversees the various fiscal projects and studies assigned by the Office of the� Secretary and the Deputy Secretaries for Operations and Programs. Reviews and provides feedback official responses to Legislative, Federal and privately� conducted audit reports that involve fiscal issues or impacts.� Provides policy recommendations regarding Federal and legislative audit findings and� identifies and implements corrective actions to be taken.� Ensures that resolution of federal audits are in compliance with State fiscal� requirements.� Integrates the organizational values developed during the Management Training.� Program into the day-to-day operations and operating philosophy of the Office of� Budget and Finance. Recruits, train and evaluate the performance of Budget and Finance Personnel.� Optimize utilization and development of staff.

MINIMUM QUALIFICATIONS

Education:��A Bachelor’s degree from an accredited college or university in finance, accounting or in a related field.�Experience: Eight years of experience with managing�financial�operations and�in a senior role.

DESIRED OR PREFERRED QUALIFICATIONS

The ideal candidate will possess the following: A Master’s or other Graduate Degree from an accredited college or university in finance, accounting or a related field. CPA designation preferred. Five year’s experience with establishing fiscal policy, procedures and goals. Experience with current�financial�and accounting computer applications. Excellent verbal, analytical, organizational and written skills. Five years experience in developing budgets and�financial�plans. Strong leadership skills with the ability to inspire and motivate teams. Knowledge of regulatory standards and compliance requirements. Five years experience with budget oversight. Five years experience managing�financial�operations, including accounts payable/receivable, budget, payroll and auditing.

Selection Plan

Please make sure that you provide sufficient information on your application to show that you meet the qualifications for this recruitment.� We will not consider information submitted after this date.� Successful candidates will be placed on the employment (eligible) list.� The resulting list may be used for future vacancies with this agency or other state agencies.

BENEFITS

As an employee of the State of Maryland, you will have access to outstanding benefits, including: health insurance, dental, and vision plans offered at a low cost. CLICK ON THIS LINK FOR MORE DETAILS:� �STATE OF MARYLAND BENEFITS��������Personal Leave - new State employees are awarded six (6) personnel days annually (prorated based on start date).��������Annual Leave - ten (10) days of accumulated annual leave per year.��������Sick Leave - fifteen (15) days of accumulated sick leave per year.����������Parental Leave - up to sixty (60) days of paid parental leave upon the birth or adoption of a child.��������Holidays - State employees also celebrate at least twelve (12) holidays per year.����������Pension - State employees earn credit towards a retirement pension.��������Positions may be eligible for telework.

FURTHER INSTRUCTIONS

The online application process is STRONGLY preferred. If you are unable to apply online, you may mail a paper application and supplement questionnaire to: Attention: Stacey Nelson, Department of Human Services, Recruitment Services Unit, 311 W. Saratoga Street, Room 143 Baltimore, Maryland 21201.�All mailed documents must include the applicant's name and the job number and must be received by 5 p.m. on the closing date. Resumes will NOT be accepted in lieu of completing the application.�If additional information is required, the preferred method is to upload. If unable to upload, please email requested information only to stacey.nelson1@maryland.gov. Only additional materials that are required will be accepted for this recruitment. All additional information must be received by the closing date and time.�If you have any questions concerning this recruitment process for this position, please contact 410-767-7349..�TTY Users: call via Maryland Relay.�If you are having difficulty with your user account or have general questions about the online application system, please contact the MD Department of Budget and Management, Recruitment and Examination Division, at 410-767-4850 or Application.Help@maryland.gov.�As an equal opportunity employer, Maryland is committed to recruiting, retaining and promoting employees who are reflective of the State’s diversity. People with disabilities and bilingual candidates are encouraged to apply. We thank our Veterans for their service to our country.

Job Summary

JOB TYPE

Full Time

SALARY

$348k-586k (estimate)

POST DATE

03/06/2024

EXPIRATION DATE

05/04/2024

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