Financial Director III

State of Vermont; Montpelier (VT); On-site; USD 59,000 - 94,000; Full time

Job summary

State of Vermont in Montpelier seeks an Investment Associate to join a public pension investment team. You will support oversight of an $8 billion multi-asset portfolio, liaise with external managers, and prepare institutional reports under the Deputy CIO's direction.

The role requires advanced degrees or equivalent public-sector experience, with IQ in finance and fiscal operations. This full-time, permanent position offers strong benefits and professional growth in a government context.

Qualifications

• Master's degree in accounting, business or public administration or related field.
• Three years of professional level accounting or related fiscal operations experience.
• Bachelor's degree with 20 accounting credits and four years of professional level fiscal operations experience.
• Associate's degree plus seven years of professional level accounting or related fiscal operations experience.
• High School diploma plus nine years of professional level accounting or related fiscal operations experience.
• One year or more of experience as a Financial Director II with the State of Vermont.
• Preference may be given to applicants with experience managing large fiscal operations.

Responsibilities

• Support management, analysis, and oversight of an $8B multi-asset portfolio across public and private markets.
• Liaise with external investment managers, consultants, and the master custodian.
• Prepare institutional reporting and conduct financial analysis as assigned.

Skills

Financial analysis

Budgeting

Communication

Public sector experience

Education

Master's degree in accounting / business / public administration

Bachelor's degree with 20 accounting credits + 4 years relevant experience

Associate's degree + 7 years relevant experience

High School diploma + 9 years relevant experience

One year as Financial Director II with VT

Tools

VISION system

Job description

Location: Montpelier, VT, US

Position Type: Permanent

Schedule Type: Full Time

Minimum Salary: $43.11

Maximum Salary: $67.90

Overview

This position is for an Investment Associate to join a public pension investment team to support the management, analysis, and oversight of an $8 billion multi-asset class institutional portfolio across public and private markets. Working with a high degree of professional independence under the general direction of the Deputy Chief Investment Officer, this role combines operational precision, analytical rigor, and investment curiosity to evaluate complex private market commitments, analyze public market performance, prepare institutional reporting, among other duties as assigned. The ideal candidate will serve as a liaison with external investment managers, consultants, the master custodian, among others.

Who May Apply

This position, Financial Director III (Job Requisition #55605), is open to all State employees and external applicants.

Minimum Qualifications

Master's degree in accounting, business or public administration or a related field AND three (3) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience including managing a major fiscal program or operation.

OR

Bachelor's degree in accounting or a bachelor's degree in any discipline that includes or is supplemented by 20 credit hours in accounting and four (4) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included managing a major fiscal program or operation.

OR

Associate's degree AND seven (7) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.

OR

High School diploma AND nine (9) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.

OR

One (1) year or more of experience as a Financial Director II with the State of Vermont.

Note: For some positions preference may be given to applicants with experience managing large fiscal operations.

Special Requirements

For some positions experience working with the VISION system (VISION is the State of Vermont PeopleSoft financial management system) may be required.

Total Compensation

As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:

• 80% State paid medical premium and a dental plan at no cost for employees and their families
• Work/Life balance: 12 paid holidays each year and a generous leave plan
• State Paid Family and Medical Leave Insurance (FMLI)
• Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
• Tuition Reimbursement
• Flexible spending healthcare and childcare reimbursement accounts
• Low cost group life insurance
• Incentive-based Wellness Program
• Qualified Employer for Public Service Student Loan Forgiveness Program

The State of Vermont celebrates diversity, and is committed to providing an environment of mutual respect and meaningful inclusion that represents a variety of backgrounds, perspectives, and skills. The State does not discriminate in employment on the basis of race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, membership in an employee organization, family medical history or genetic information, or family or parental status. The State’s employment decisions are merit-based. Retaliatory adverse employment actions by the State are forbidden.