Deputy CFO - Fiscal Management

The Executive Office of Labor and Workforce Development (EOLWD) consists of nine departments and divisions: Department of Career Services, Department of Unemployment Assistance, Department of Economic Research, Department of Labor Relations, Department of Industrial Accidents, Department of Paid Family and Medical Leave, Division of Apprentice Standards, Department of Labor Standards, and Commonwealth Corporation.

EOLWD is seeking a Deputy CFO - Fiscal Management who will oversee the work of four units within the Finance Department: Budget, Federal Grants, Accounts Payable, and Contracts and Procurement. Reporting to the Chief Financial Officer, the incumbent will work closely with and lead senior agency managers in developing the annual budget, monitoring spending of Federal and State Grants, ensuring compliance with all applicable state and federal rules for Accounts Payable and Contracts and Procurement, and coordinating within Finance to monitor trust fund account activity. The Deputy CFO will work with outside stakeholders to drive and oversee the annual state budget process with the Executive Office for Administration and Finance, and the House and Senate.

Key Responsibilities:

• Oversee, manage, and control all budgeting activities for EOLWD and its departments; develop budgetary principles and guidelines; design and manage a budget monitoring process and the related federal reporting; and develop budgets, policies, and procedures.
• Oversee EOLWD's purchasing, encumbrance and contracting, and accounts payable activities and ensure compliance with policies and procedures; ensure EOLWD's acquisition of, and payment for, goods and services is administered in compliance with established laws, regulations, policies, and procedures in a cost-effective manner.
• Oversee the communication with federal and state funded agencies to report resources expended and obtain additional revenue for the agency.
• Provide direction to internal and external stakeholders during the audit process for budget and contracts; work with EOLWD's Internal Audit and Internal Control, the State Auditor's Office, US DOL to provide requested data.
• Assume related duties as assigned by the CFO.

The Deputy CFO must possess both broad and specific knowledge of all agency programs and operations and in-depth knowledge of agency, state and federal financial regulations, principles, and practices.

Minimum Qualifications:

• Minimum six years of experience as a Financial or Budget Director in a Massachusetts state agency.
• Extensive knowledge of the Massachusetts Management Accounting and Reporting System (MMARS).
• Knowledge of state procurement system.

Minimum Entrance Requirements:

Applicants must have at least (A) six (6) years of full-time or, equivalent part-time, professional, administrative, supervisory, or managerial experience in financial management work (i.e., budgeting, accounting, auditing, management analysis, program evaluation, financial reporting of program results), of which (B) at least two (2) years must have been in a project management, supervisory, or managerial capacity or (C) any equivalent combination of the required experience and substitutions below.

Substitutions:

1. A certificate in a relevant or related field may be substituted for one (1) year of the required (A) experience.
2. A Bachelor's degree in a related field may be substituted for two (2) years of the required (A) experience.
3. A Graduate degree or higher in a related field may be substituted for three (3) years of the required (A) experience.
4. A Doctorate degree in a related field may be substituted for four (4) years of the required (A) experience.

Comprehensive Benefits:

When you embark on a career with the Commonwealth, you are offered an outstanding suite of employee benefits that add to the overall value of your compensation package. We take pride in providing a work experience that supports you, your loved ones, and your future.

Want the specifics? Explore our Employee Benefits and Rewards!

An Equal Opportunity / Affirmative Action Employer. Females, minorities, veterans, and persons with disabilities are strongly encouraged to apply.

The Commonwealth is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Research suggests that qualified women, Black, Indigenous, and Persons of Color (BIPOC) may self-select out of opportunities if they don't meet 100% of the job requirements. We encourage individuals who believe they have the skills necessary to thrive to apply for this role.

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