CHIEF FINANCIAL OFFICER II

State of Rhode Island; Cranston (RI); On-site; USD 128,000 - 147,000; Full time

Job summary

An established industry player is seeking a Financial Administrator to oversee fiscal and budgetary processes within a medium-sized department. This role involves managing the state budget, ensuring compliance with regulations, and leading a professional team in financial management. The ideal candidate will possess strong knowledge of governmental accounting and budgeting, with proven leadership skills. Join a dynamic environment where your expertise will contribute to effective financial governance and strategic planning, making a significant impact on the agency's operations and community service.

Qualifications

• In-depth knowledge of governmental accounting and budgeting.
• Management experience in fiscal functions for at least 5-7 years.

Responsibilities

• Oversee financial administration and budget processes.
• Ensure compliance with federal and state financial regulations.

Skills

Governance Accounting

Budgeting

Fiscal Management

Financial Software Proficiency

Communication Skills

Relationship Building

Education

Bachelor's Degree in Relevant Fields

Master's Degree

Tools

Oracle

Excel

Access

Job description

Salary : $128,405.00 - $146,216.00 Annually

Location : Cranston, RI

Job Type : Non-Union (99)

Job Number : 136011100-013

Department : DEPARTMENT OF CORRECTIONS

Division : Central Management

Opening Date : 03 / 14 / 2025

Closing Date : 3 / 23 / 2025 11 : 59 PM Eastern

Pay Grade : 144A

Classification : Classified

Scheduled Work Days; Hours of Work : Monday thru Friday; 8 : 30am-4 : 00pm

Work Week : Non-Standard

Bargaining Union : Non-Union (99)

Class Definition

GENERAL STATEMENT OF DUTIES : To oversee the financial administration for a medium-sized and moderately complex department's fiscal and budgetary processes; to be responsible for all departmental fiscal functions including budget development, internal controls, and the fiscal administration of programs funded by state, federal, or other sources; to participate as a key member of the agency's executive leadership team in establishing and updating the agency's strategic planning documents and key performance metrics; and to do related work as required.

SUPERVISION RECEIVED : Works under the administrative direction of the Department Director with wide latitude for independent initiative and judgement; work is subject to review through conferences and reports for conformance to laws, policies, rules, regulations, and department objectives.

SUPERVISION EXERCISED : Directly plans, coordinates, supervises, and reviews the work of a professional staff engaged in fiscal / financial tasks.

Illustrative Examples of Work Performed

• Oversee the financial administration for a medium-sized and moderately complex department's fiscal and budgetary processes.
• Be responsible for all departmental fiscal functions including budget development, internal controls, and fiscal administration of programs funded by various sources.
• Participate as a key member of the agency's leadership team in strategic planning and performance metrics.
• Provide leadership for the departmental financial management team.
• Oversee staff performing procurement, accounting, and budget tasks using state and other software tools.
• Lead the development of annual operating and capital budgets.
• Develop tools for comparing actual results with budgets and analyze variances.
• Implement corrective actions for variances between budgeted and actual expenditures.
• Present financial reports, budget updates, and variance analyses to senior management and external agencies.
• Ensure compliance with federal and state financial regulations and grant guidance.
• Manage revenue, cash flow, and maximize funding sources.
• Guide staff on accounting principles and internal controls to safeguard assets.
• Review financial records and ensure compliance with accounting standards.
• Recommend improvements for financial processes and internal controls.
• Collaborate with other departments on contracts, grants, and procurement.
• Interpret laws and regulations to ensure compliance of financial procedures.
• Analyze departmental costs and develop cost-reduction strategies.
• Oversee proper handling of departmental funds and expenditures.
• Evaluate programs and develop plans for their modification or expansion.
• Interface with funding agencies and respond to audit findings.
• Advise on financial planning and staffing requirements.
• Attend meetings and perform related duties as needed.

Required Qualifications for Appointment

Knowledge, Skills, and Capacities : In-depth knowledge of governmental accounting, budgeting, fiscal management, and relevant legislation; management skills; proficiency with financial software; excellent communication skills; ability to develop and interpret financial reports; and effective relationship-building skills.

Education and Experience : Bachelor's degree in relevant fields plus at least 7 years management experience in fiscal functions; or master's degree plus at least 5 years experience.

Supplemental Information

Manage the state budget process, purchasing, and contracting. Supervise staff and advise senior management. Familiarity with state and federal funding, Oracle, Excel, and Access preferred. Compliance with direct deposit law required for new hires. For benefits, visit the Rhode Island Office of Employee Benefits website.