UTOPIA/UIA Chief Financial Officer (CFO)

Job Type: Full-Time
Pay Range/Benefits: Competitive/Full benefits package
Job description

GENERAL PURPOSE

Performs a variety of professional, executive, and managerial duties related to planning, organizing, and directing various administrative, operational, and financial functions of the agency including budgeting, finance, bonding, staffing and general treasurer functions. This is a demanding hands-on position in a fast-growing company.

SUPERVISION RECEIVED

Works under the broad policy guidance and direction of the Executive Director.

SUPERVISION EXERCISED

Provides broad policy guidance and direction to the Controller, Treasurer, and HR Manager. Provides supervision of the Financial Analyst and Administrative Assistant. Provides high-level oversight for supervision of the Accounts Payable and Accounts Receivable Technicians.

ESSENTIAL FUNCTIONS

Serves as member of agency executive team. Offers interpretation, direction, and analysis of agency growth strategy and “build-out” options. Participates in the Board of Directors decision making process by serving as a resource for history, trends, expectations, and forecasts.

Manages all fiscal operations related to adoption and operation of annual budget. Manages fund accounting conforming to State of Utah Fiscal Procedures Act. Acts as Treasurer and signatory on all checks, drafts, or other orders for the payment.

Manages all executive processes related to the development and implementation of the agency financial strategy. Develops, recommends, and implements business & operational plans addressing processes, methods and opportunities designed to enhance agency operations. Evaluates, recommends, and implements strategies to increase revenues and decrease/minimize costs related to construction and installation.

Manages internal financial controls in a manner consistent with legal requirements and with Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB), and Governmental Accounting, Auditing, and Financial Reporting (GAAFR). Develops and oversees fiscal policies, procedures, and practices.

Assesses and evaluates financial performance of the agency. Reviews general ledger to evaluate cashflow and determine accuracy and account balances. Analyzes short-term and long-term goals and develops budgetary strategies. Constructs forecasts related to agency growth, trends, and revenue. Presents executives, committees, and boards with timely and informative financial reports and other administrative information.

Delivers analysis of trends, projections and forecasts related to revenue, costs, capital purchases and staffing requirements. Oversees the preparation of Annual Financial Reports in accordance with GAAP, GASB, and GAAFR. Ensures that state and federal laws and requirements relating to accounting, finances, grant awards and budgeting are adhered to.

Oversees the administration and management of bonded debt and revenue. Monitors requests for bond draws based upon established processes and procedures. Oversees the receipt, disbursement, banking, protection, and custody of funds.

Establishes effective working relationships with external auditors. Reviews and monitors the implementation of external audit results, requirements, and recommendations.

Provides direction and assistance to other agency departments regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources. Serves as a technical and administrative advisor to department heads on fiscal and administrative procedures, problems, and other financial matters.

Monitors human resources operations, processes and procedures including payroll, accounting, and various day-to-day activities. Coaches and mentors staff to enable and empower individual contributions.

Performs related duties as required.

MINIMUM QUALIFICATIONS

  • Education and Experience:
  • Certified Public Accountant (CPA), Certified Public Finance Officer (CPFO), or Certified Government Financial Planner (CGFP) highly preferred;
    • Master’s or Bachelor’s degree in accounting, finance, business administration or related field;
    • Fifteen (15) years of responsible experience related to above duties; Ten (10) years of which must have been in a senior fiscal management or supervisory capacity;
    • Or an equivalent combination of education and experience.
  • Knowledge, Skills, and Abilities:
  • Extensive knowledge of GAAP, GASB, and GAAFR
    • Utah Money Management Act
    • Internal control principles and methods of application
    • Business and technical writing
    • Proficient in the use of MS Office and financial management software
    • Strong leadership skills
    • Diplomacy and cooperative problem solving
    • Maintaining effective working relationships with government officials

SPECIAL QUALIFICATIONS

  • Must be bondable

WORK ENVIRONMENT

Typical office setting with typical climate controls. Tasks require a variety of physical activities such as walking, standing, stooping, sitting, reaching, which do not generally require muscular strain. Job functions normally require talking, hearing, and seeing. Common eye, hand, finger dexterity required for most essential functions. Mental application utilizes memory for details, verbal instructions, emotional stability, discriminating thinking and creative problem solving.

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