Chief Financial Officer

2 months ago

Boston, United States Massachusetts School Building Authority Full time
Title: Chief Financial Officer Department: Finance Reports To: CEO and Executive Director / Deputy CEO FLSA: Exempt Grade: 20 – Senior Team
POSITION DESCRIPTION AND SCOPE The Chief Financial Officer (CFO) works with the executive director to ensure strong financial controls and management to fully support the issuance of annual grants approximating $1.5 billion to Massachusetts public K to 12 schools. The CFO will be responsible for the management of the Finance and Audit teams in the delivery of the day-to-day work including the annual budget, audited financial statements, timely reimbursements to cities and towns and ongoing management of the MSBA’s ERP system. As a member of the MSBA’s senior leadership team, the CFO will provide strategic expertise and insight and create strategic financial plans for debt issuance and investments that promote best opportunities for the MSBA’s program. ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
  • Demonstrated knowledge and experience in the implementation and management of compliance with financial policies, procedures, standards, and systems for all financial operations of the MSBA, including a comprehensive system and structure for internal controls.
  • Responsible for all financial activities in collaboration with the Director of Audit, Treasurer and Director of Budget and Financial Administration.
  • Manage the annual audit of the financial statements including responsibility for the controls and standards needed to prepare the documentation.
  • Collaborate with the MSBA’s business information and technology division and outside vendors to ensure efficient management for the ERP system including the reconciliation and integration of MSBA systems and the enhancement of standard and ad hoc reporting.
  • Manage debt issuance and the MSBA’s portfolio of outstanding debt and related financings in compliance with the MSBA’s debt management policies.
  • Manage the investment of MSBA’s restricted and unrestricted cash balances, compliance with continuing disclosure obligations and other related federal and state financial regulations and requirements.
  • Manage timely and accurate payments for the grant administration of MSBA approved projects, including calculation of grant reimbursement rates and final audits of completed projects.
  • Report regularly on the expenditures and revenue of the MSBA and develop more in-depth analysis of spending trends and cash flow needs to inform capital planning programs and long-term borrowing strategies.
  • Ensure the accuracy of financial reporting and that all requirements and obligations are met.
  • Review and report on Massachusetts sales tax revenues, including analysis of trends of future revenue and debt. Coordinate, collaborate and support relevant work with the Director of Capital Planning related to the strategic development, growth and composition of the MSBA program/mission.
  • Interface as necessary and required with related third-party entities such as MSBA’s Bond and Disclosure Counsel(s), Rating Agencies, the Internal Revenue Service/U.S. Treasury, financial entities (financial and investment advisors, banking and other financial institutions and entities), and representatives of the Commonwealth.
  • Attend special meetings, investor meetings, credit agency presentations, and hearings as required and/or as directed by the Chief Executive Officer and Executive Director.
  • Manage and issue accurate financial reporting for the Executive Director and the Board of Directors. Prepare and publish complex financial reports, documents, and relevant information as is, or may be required by the Commonwealth, other state entities, the Federal government, and the public.
  • Attend and present at the meetings and sub-committee meetings of the MSBA Board of Directors.
  • Responsible for the MSBA’s OPEB Trust Committee. Manage the investment of funds deposited in an irrevocable trust account established by the MSBA, interfacing with related Commonwealth agencies, setting annual funding levels, the transfer of funds to and from MSBA’s operating account to the Trust and financial reporting.
  • Engage with cities, towns, regional school districts, community organizations and Commonwealth agencies, authorities, departments and other governmental units regarding fiscal interactions with the MSBA.
SUPERVISORY RESPONSIBILITIES
  • Manage and grow the Finance and Audit teams. Mentor, identify training and motivate. Focus on recruiting talent as needed to support the day-to-day work as well as the MSBA’s initiatives.
  • Procure and manage consultants, contracted employees, and outside vendors, as applicable.
REQUIRED KNOWLEDGE AND SKILLS
  • B.A. or B.S. required; CPA, MBA, or similar Master’s degree or advanced certification(s) in Accounting or Finance strongly preferred. Demonstrated knowledge and experience in Finance, Accounting, Debt Management and financial planning.
  • Minimum of 15 years of professional experience with the Commonwealth of Massachusetts, other state agencies or entities and/or a combination of public and private sector professional experience with, or related to, the financial operations and finances of governmental entities is strongly preferred.
  • 7 to 10 years of management and supervisory experience.
  • Exceptional communication skills, written and oral, experienced in presentations to Executive and Board of Directors.
  • Mission-driven and self-directed professional with leadership skills who can attract, develop, coach and retain high-performance team members.
  • Commitment to working collaboratively with the senior management team to deliver on agency goals in a timely and quality manner while striving to maintain the MSBA’s goal for excellence in customer service for Massachusetts school districts.
  • A successful track record in setting priorities; keen analytic, organization, and problem-solving skills that support and enable sound decision making.
  • Proficient in Excel and spreadsheet manipulation, PowerPoint, and Microsoft Word, experience with ERP financial systems.
This job description is intended to be general and will evolve over time. The description is subject to periodic updating. At management’s discretion, the employee may be assigned different or additional duties from time to time. #J-18808-Ljbffr

  • Chief Financial Officer

    7 days ago

    Boston, United States Slone Partners Full time

    Slone Partners seeks a Chief Financial Officer for a novel and impactful medical device company in Boston, Massachusetts. Our client is positioned well in a growing market with significant clinical evidence driving their product to become a standard of care. The ideal Chief Financial Officer will lead the companys strategy for commercial scaling to gain...

  • Chief Financial Officer

    1 month ago

    Boston, United States Slone Partners Full time

    Slone Partners seeks a Chief Financial Officer for a novel and impactful medical device company in Boston, Massachusetts. Our client is positioned well in a growing market with significant clinical evidence driving their product to become a standard of care.The ideal Chief Financial Officer will lead the company’s strategy for commercial scaling to gain...

  • Chief Financial Officer

    1 month ago

    boston, United States Slone Partners Full time

    Slone Partners seeks a Chief Financial Officer for a novel and impactful medical device company in Boston, Massachusetts. Our client is positioned well in a growing market with significant clinical evidence driving their product to become a standard of care.The ideal Chief Financial Officer will lead the company’s strategy for commercial scaling to gain...

  • Chief Financial Officer

    2 months ago

    Boston, United States Slone Partners Full time

    Slone Partners seeks a Chief Financial Officer for a novel and impactful medical device company in Boston, Massachusetts. Our client is positioned well in a growing market with significant clinical evidence driving their product to become a standard of care.The ideal Chief Financial Officer will lead the company’s strategy for commercial scaling to gain...

  • Chief Financial Officer

    2 months ago

    boston, United States Slone Partners Full time

    Slone Partners seeks a Chief Financial Officer for a novel and impactful medical device company in Boston, Massachusetts. Our client is positioned well in a growing market with significant clinical evidence driving their product to become a standard of care.The ideal Chief Financial Officer will lead the company’s strategy for commercial scaling to gain...

  • Chief Financial Officer

    3 weeks ago

    Boston, United States Escalon Services, Inc. Full time

    Chief Financial OfficerDepartment: Recruiting Done Employment Type: Full Time Location: Boston Compensation: $300 - $350 / year Description Our client supports contact center technology and customer-engagement solutions for Fortune 500 companies worldwide, with thousands of successful deployments across every major industry. They offer strategies for fast...

  • Chief Financial Officer

    2 months ago

    Boston, United States CHINESE CONSOLIDATED BENEVOLENT ASN Full time

    Job Title: Chief Financial Officer (CFO)Location: Boston, MAOrganization: CCBA (Chinese Consolidated Benevolent Association of New England)Reports To: PresidentType: Full-TimeAbout CCBA:CCBA is a non-profit organization committed to offering essential services and housing development initiatives to the community. Our mission encompasses civic, cultural, and...

  • Chief Financial Officer

    4 weeks ago

    Boston, Massachusetts, United States CHINESE CONSOLIDATED BENEVOLENT ASN Full time

    Job Title: Chief Financial Officer (CFO)Location: Boston, MAOrganization: CCBA (Chinese Consolidated Benevolent Association of New England)Reports To: PresidentType: Full-TimeAbout CCBA:CCBA is a non-profit organization committed to offering essential services and housing development initiatives to the community. Our mission encompasses civic, cultural, and...

  • Chief Financial Officer

    1 month ago

    Boston, United States https:wayup.comsitemap.xml Full time

    Benefits: Competitive salary Dental insurance Health insurance Paid time off Job Title: Chief Financial Officer (CFO) Location: Boston, MA Organization: CCBA (Chinese Consolidated Benevolent Association of New England) Reports To: President Type: Full-Time About CCBA: CCBA is a non-profit organization committed to offering essential services and housing...

  • Chief Financial Reporting Officer

    4 weeks ago

    Boston, Massachusetts, United States SDL Search Partners Full time

    About the role: Chief Financial Reporting Officer & Technical AccountingSDL Search Partners is seeking a highly skilled Chief Financial Reporting Officer to join their Finance Leadership Team in Cambridge. This role will work closely with the CFO to manage all Accounting, Finance, and Reporting functions.Key responsibilities include:Providing technical...

  • Chief Financial Officer

    1 month ago

    Boston, United States Escalon Services, Inc. Full time

    Description Our client supports contact center technology and customer-engagement solutions for Fortune 500 companies worldwide, with thousands of successful deployments across every major industry. They offer strategies for fast and secure cloud migration and intelligent omnichannel solutions to improve your user experience. From chatbots and virtual...

  • Chief Financial Officer

    4 weeks ago

    Boston, Massachusetts, United States Professional Staffing Group Full time

    Job Summary:We are seeking a highly skilled Financial Director to join our team. As a key member of our organization, you will be responsible for providing accounting and reporting oversight for corporate entities, private equity investments, and direct real estate investments.Responsibilities:Manage corporate cash, invoice approvals, receivable collections,...

  • Chief Financial Officer

    1 week ago

    Boston, United States Massachusetts Nonprofit Network Full time

    Massachusetts League of Community Health CentersJob DescriptionAbout the jobThe Massachusetts League of Community Health Centers is seeking a dynamic Chief Financial Officer (CFO) to lead our financial operations with precision and purpose.In this executive position, you will oversee all financial aspects of our organization and subsidiaries, ensuring fiscal...

  • Chief Financial Officer

    4 weeks ago

    Boston, Massachusetts, United States National Institute for Children's Health Quality Full time

    Job SummaryThe Chief Financial Officer at National Institute for Children's Health Quality is responsible for overseeing all financial systems and fiscal records, including the monthly close and annual audit. This role involves developing and implementing accounting policies and procedures to ensure financial transactions are executed and documented in...

  • Chief Financial Officer

    4 weeks ago

    Boston, Massachusetts, United States Professional Staffing Group Full time

    Director of Finance - A Challenging Leadership Role in Real EstateWe are seeking a highly experienced finance professional to fill the role of Director of Finance. This position offers a competitive compensation package and amazing benefits.Responsibilities:Provide oversight to the Chief Financial Officer on various tasks.Manage accounting, investor...

  • Chief Financial Officer

    4 weeks ago

    Boston, United States New England College of Optometry Full time

    Job DescriptionJob DescriptionDescription:The New England College of Optometry (NECO) prepares the next generation of eye care providers, educators, and innovators through a rigorous curriculum and extensive clinical experience. NECO graduates compassionate and skilled optometrists prepared to practice in diverse settings. Located in the heart of Boston, the...

  • Financial Officer

    2 weeks ago

    Boston, United States Get It Recruit Executive Full time

    Position: Chief Financial Officer (CFO)We are in search of a committed and visionary Chief Financial Officer (CFO) to spearhead our financial operations and strategic direction at our distinguished institution. Our organization is dedicated to shaping the future of eye care through an intensive curriculum and extensive clinical experiences, preparing a...

  • Chief Financial Officer/Chief Operating Officer

    1 month ago

    Boston, United States 617MediaGroup Full time

    A unique opportunity exists for candidates with a successful track record of financial and operational leadership. The successful candidate will be an integral part of the senior leadership, shaping the operating and strategic direction of the agency. The hybrid Chief Financial Officer/Chief Operating Officer (CFO/COO) role reports directly to the President...

  • Chief Financial Officer for Private Funds

    4 weeks ago

    Boston, Massachusetts, United States Cambridge Associates Full time

    Job Title: Chief Financial Officer for Private FundsCambridge Associates is seeking a highly skilled Chief Financial Officer for Private Funds to join our team. As a key member of our Fund Solutions Team, you will be responsible for leading fund operations and partnering closely with senior investment professionals and firm management to advance CA's fund...

  • Chief Financial Officer

    4 weeks ago

    Boston, Massachusetts, United States Mass Inc Full time

    Job Summary:The Chief Financial Officer at Mass Inc is a key member of the Department of Early Education and Care's Executive Leadership Team, reporting directly to the Chief Operating Officer. This role oversees the work of the Department's Office of Administration and Finance, ensuring the effective, efficient operation and execution of the Department's...