Performs executive-level professional duties developing, directing and evaluating a complex financial and managerial accounting or budgeting system in the most complex state agencies or institutions.
Positions in this class serve as the Chief Financial Officer in the most complex agencies, which are characterized by a large 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, 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 large 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 large staff of professional accounting, subprofessional 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. Knowledge of laws and regulations pertaining to the receipt and maintenance of gift and endowment funds, governmental health care and higher education financial management. 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.
Some positions may require certification as a Certified Professional Accountant.
A bachelor's degree with multiple accounting courses and professional experience directing accounting, auditing, banking, or finance functions.