Chief Financial Officer

4 weeks ago

Phoenix, Arizona, United States Arizona Commerce Authority Full time
About the Role

The Arizona Commerce Authority (ACA) is seeking a highly skilled Chief Financial Officer to join its executive management team. As a key member of the organization, the CFO will be responsible for leading the financial planning and management of the ACA's financial systems, budgeting, internal controls, and financial compliance.

The ideal candidate will be a strategic thinker with a strong background in financial management, accounting, and leadership. They will have a proven track record of success in a similar role, with experience in managing multiple projects, teams, and stakeholders. The CFO will be responsible for developing and implementing financial strategies that align with the ACA's mission and goals, as well as ensuring the accuracy and integrity of financial data.

The successful candidate will have a Bachelor's or Master's degree in accounting or finance, with at least 10 years of experience in a similar role. They will be a certified public accountant (CPA) and have experience with fund accounting and/or governmental accounting. The candidate will also have excellent communication and interpersonal skills, with the ability to work effectively with senior management, department/budget managers, and program managers.

The ACA offers a dynamic and collaborative work environment, with a team of experienced professionals who are passionate about economic development. The organization is committed to growing and strengthening Arizona's economy, and the CFO will play a critical role in achieving this goal.

Key Responsibilities
  • Lead the financial planning and management of the ACA's financial systems, budgeting, internal controls, and financial compliance.
  • Develop and implement financial strategies that align with the ACA's mission and goals.
  • Manage multiple projects, teams, and stakeholders to ensure the accuracy and integrity of financial data.
  • Collaborate with senior management, department/budget managers, and program managers to ensure they have the financial information needed to properly perform their responsibilities.
  • Establish and maintain the Funds in the accounting system, ensuring proper segregation, accounting, and adherence to the restrictions and intended purpose of each Fund.
  • Establish internal control policies and monitor adherence to ensure both safeguarding agency assets and the integrity of financial information.
  • Coordinate the preparation of financial statements, financial reports, and special analyses, including preparing summaries for senior leadership and the Board of Directors.
  • Oversee the preparation of the annual budget and monitor/report on budget compliance and variances.
  • Provide oversight on Federal grants, including reviewing budgets on new applications, ensuring adherence to grant compliance as it relates to expenditures, and facilitating timely payment of funds due under awarded grants.
  • Serve as the primary point of contact to the Audit Committee of the Board of Directors and with the independent auditors in the performance of ACA's annual audit.
  • Oversee Government Grants Compliance and Procurement department, ensuring proper compliance with all government grant awards and pursuing all appropriate grants.
  • Manage and support the accounting personnel, focusing on accountability and staff professional development.
  • Interview, hire, train, supervise, manage performance, resolve issues, and lead a team of exempt employees.
  • Serve as executive sponsor for process improvement initiatives for the accounting department and actively participate in other process improvement initiatives throughout the organization.

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