Performs executive-level professional duties developing, directing, and evaluating a complex financial and managerial accounting or budgeting system in a large state agency.
Positions in this class serve as the Chief Financial Officer in large agencies characterized by a central staff and geographically dispersed programs and facilities. This class is typically used for a Chief Financial Officer who reports directly to a deputy director or an agency head.
Develops and oversees standard cost accounting systems, including the recording, processing, and compiling of financial data not captured by normal accounting processes. Oversees through supervisory personnel the following budgetary processes: policy interpretations, development and dissemination of procedures, data accumulation, economic forecasting, budgetary request preparation and analysis, estimate revisions, final budgetary consolidation, internal and external presentations, and financial and statistical reporting. Ensures proper internal control procedures are developed. Advises top management about budgetary goals and objectives. Advises external agency officials about budgetary and planning requirements. Oversees the planning, development and implementation of accounting policies and procedures applicable to the financial needs of the agency and all agency programs, including budgeting. Develops strategies and initiatives that strengthen the agency’s financial and budget functions. Directs and oversees the financing of the agency's programs with other state agencies and public and private entities. Oversees a staff of professional budgeting and accounting personnel engaged in complex accounting work covering state and federal statewide programs. Oversees and ensures program compliance and financial audits. Directs financial analysis and planning. Directs agency conformance with generally accepted accounting principles and reporting requirements of federal, state, and local agencies. Keeps abreast of changes in external and internal reporting requirements. Directs the preparation, analysis, and interpretation of annual and interim financial reports to assist both internal and external users in decision making.
Knowledge of the principles, practices and theories of accounting, auditing, banking, budgeting, or financial management. Knowledge of governmental finances and institutional fund accounting. Ability to manage a staff of paraprofessional and professional accounting and budgeting personnel. Knowledge of EDP financial information and reporting systems. Knowledge of state and federal laws and regulations applicable to the area of employment. Knowledge of state governmental fiscal and budgetary processes. Knowledge of office management and organizational concepts. Ability to plan and implement a complex financial management system. Ability to interpret and analyze financial data and reports. Ability to interpret complicated federal and state statutes, rules, and regulations pertaining to applicable programs. Ability to communicate effectively both orally and in writing.
Positions in this class may require designation as a C.P.A. (Certified Public Accountant).
A bachelor's degree in accounting, finance, business, or a related field and professional experience in a related area, such as accounting, auditing, finance, or banking.