Chief Financial Officer

4 weeks ago

Baltimore, United States State of Maryland Full time
Introduction

The Maryland State Retirement Agency is the administrator of the Maryland State Retirement and Pension System. The System is a multi-employer, public employees' benefit retirement system composed of twelve (12) separate retirement and pension systems with additional plan components, covering approximately 245,000 active members and more than 160,000 retires and beneficiaries.

The Agency is seeking to fill a senior level Chief Financial Officer position which will serve on the leadership team and report to the Executive Director. This position requires being in the office at least 3 days per week.

***This position is a Management Service and will serve at the pleasure of the Appointing Authority.***

GRADE

24

LOCATION OF POSITION

Maryland State Retirement Agency
120 East Baltimore Street

Baltimore, MD 21202

Main Purpose of Job

The main purpose of this position is to:

  • Provide leadership, administration, direction and guidance for all accounting, budgetary and procurement functions of the Agency through oversight of operations relating to Fiscal Accounting, General Accounting, Budget and Procurement.
  • Ensure quality and timeliness of work product and productivity of team.
  • Serve in an advisory capacity to the Executive Director and Senior Staff.
  • Research, develop, and recommend policy for review by the Executive Leadership Team and approval by Executive Director and the Board of Trustees.
  • Implement procedures and internal controls to ensure compliance with laws, rules and regulations as they relate to finance and investment accounting.
  • Perform special projects as directed by the Executive Director.
  • Serve as a resource to all programs within the State Retirement Agency.
Candidates for this position must have excellent interpersonal, oral, and written communication skills & strong listening skills.

POSITION DUTIES

This position will:

Provide leadership, administration, direction and guidance for all accounting, budgeting, and procurement functions of the Agency.

Serve in an advisory capacity to the Executive Director and senior Agency management staff.

Research, develop and recommend policy for review by the Executive Leadership Team for subsequent approval by the Executive Director and the Board of Trustees.

Implement procedures and internal controls to ensure compliance with laws, rules and regulations as they relate to budget, finance and human resources.

Be responsible for all activities related to ensuring proper internal controls over and accountability for Agency assets; timely, accurate collection and recordation of SRA revenues; and timely, accurate discharge and recordation of SRA obligations.

Be responsible for the efficient and effective use of Agency resources to meet the Agency's authorized operational needs in compliance with applicable laws, rules and regulations.

Review, analyze and, when appropriate, submit recommendations for improvement of, new accounting standards under review by the emerging issues task forces of the various national accounting standards setting organizations (e.g., AICPA, GASB).

Perform special projects and other duties as assigned by the Executive Director. Be responsible for ensuring timely, efficient and accurate completion. Examples of the types of special projects typically assigned might include:
    • Initiating, reviewing, analyzing & commenting on proposed new legislation to identify and quantify potential fiscal or operational impact.
    • Reviewing, analyzing, & commenting on proposed new actuarial funding alternatives to identify and quantify potential fiscal or operational impact.
    • Serving on statewide and ad hoc policy committees & study groups to review, analyze, and resolve operational imperatives.
MINIMUM QUALIFICATIONS

Education:

A bachelor's degree in business from an accredited college or university.

Experience:

1. Twelve (12) years of experience in financial accounting with a CPA license.

2. Five (5) or more years of supervisory experience.

DESIRED OR PREFERRED QUALIFICATIONS

Preference will be given to candidates with:
  • Current or prior experience with the State of Maryland financial systems preferable;
  • Exposure to pensions and financial services;
  • Procurement experience;
  • General ledger accounting experience;
  • Proficiency in Microsoft Office programs, including Word, Excel, and PowerPoint.


SELECTION PROCESS

Please make sure that you provide sufficient information on your application to show that you meet the minimum for this recruitment. All information concerning your qualifications must be submitted by the closing date.

We will not consider information submitted after this date. Successful candidates will be referred to the hiring authority and placed on the employment (eligible) list for at least one year. This list will be used by the hiring agency to select employees.

For education obtained outside the U.S., a copy of the equivalent American education as determined by a foreign credential evaluation service must accompany the application.

Due to the confidential nature of the work, selected candidates must undergo and pass a background check.

EXAMINATION PROCESS

The examination will consist of a rating of your education, training, and experience as presented on your application and as they relate to the requirements of the position. You may be asked to complete a supplemental questionnaire. The supplemental questionnaire may be used as part of the rating process. Therefore, it is important that you provide complete and accurate information on your application.

BENEFITS

STATE OF MARYLAND BENEFITS

FURTHER INSTRUCTIONS

The online application process is STRONGLY preferred. If online access is not available, you may mail a paper application and supplemental questionnaire (by the closing date) to:

DBM/Recruitment & Examination Division

301 West Preston Street, Room 608

Baltimore, MD 21201

Please include a cover letter and resume. All mailed documents must include the applicant's name and the job number and must be received by the closing date. Resumes will NOT be accepted in lieu of completing the application.

If you have any questions concerning the recruitment process for this position, please contact the DBM Recruitment and Examination Division at Application.H[redacted] or [redacted], MD TTY Users: call via Maryland Relay [redacted].

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, and encourage them to apply.

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