The Chief Financial Officer (CFO) is responsible for multiple program support functions within the agency, executing the Public School Capital Outlay Council’s (PSCOC) and Agency Director's financial initiatives, goals and policies while working within the Model Accounting Practices established by the Department of Finance and Administration (DFA). The CFO position establishes, in coordination with the program area divisions, the Agency budget request and submittal as well as the execution, analysis, forecasts and management of a multi-million dollar operating budget in compliance with the Public Finance Rule.
The CFO is ultimately responsible for all data entry into the departmental Financial Accounting System, Procurement System, Federal Grants and Project Management and all sub- or third-party modules and systems that interface or generate data that that is entered and/or loaded into the statewide accounting system. The CFO is responsible for ensuring compliance with State and Federal Laws as they pertain to timely financial reporting to oversight agencies. The CFO provides clear instructions verbally and in writing, establishing an equitable distribution of assignments and ensures the performance of those assignments are adequate for staff, monitoring performance standards and taking appropriate measures to resolve programmatic or personnel situations while encouraging and facilitating teamwork and continued development through training.
Duties and Responsibilities:
The CFO is responsible for highly complex accounting and budgeting functions of the agency's annual operating budget greater than one hundred million dollars comprised of multiple and layered funding sources and human capital resources of up to 56 -employees. This includes planning and supervision of all accounting activities, accounts payable, accounts receivable general ledger, investments, budgeting, forecasting, payroll, employee benefits, purchasing and production of financial statements for all programs.
• Manages highly complex budget initiatives in accordance with state and federal laws and the Model Accounting Practices established by DFA.
• Develops and implements strategic plans and performance measurements to set goals, measure accomplishments, and integrate continuous improvement into day-to-day activities.
• Ensures that Internal Control Structure, Budgetary Control System, and all Accounting Systems are functioning properly within the Agency.
• Advise management and Agency staff on financial systems' capabilities, state statutes, federal law and DFA Regulations.
• Coordinates program support activities with other divisions within the Agency and other state Agencies.
• Ensures that all financial transactions within the Agency are recorded daily, properly classified and comply with state and federal law.
• Certifies that all payments to vendors are accurate, timely and are for goods and/or services rendered in accordance with Section 13-1-158 NMSA 1978, as amended.
• Ensures that all expenditures within the Agency have a public benefit, are necessary, are consistent with the appropriation and comply with federal and state law.
• Ensure that all payments to vendors are timely, accurate and in compliance with state and federal law.
• Ensures the Agency's annual financial statement audit is completed by the deadline established by the State Auditor and the audit report includes an unqualified opinion.
• Ensures that all financial statements, reporting mechanisms, and audits are timely, accurate and in compliance with state and federal law.
• Ensures a budgetary control system, approved by the State Budget Division of the DFA, is in place and functioning.
• Manages financial, budgetary, and procurement staff.
• Disseminates information to all stakeholders regarding the fiscal policies, procedures and responsibilities regarding all financial transactions and activities.
Knowledge, Skills, and Abilities Required:
• Knowledge of generally accepted professional accounting and auditing principles and practices.
• Knowledge of the principles, practices methods and techniques of governmental accounting and auditing.
• Knowledge of database principles and/or computerized accounting applications.
• Skill on the use of a personal computer in the area of accounting spreadsheet applications.
• Ability to oversee the establishment and operation of accounting and internal auditing systems for Public School Capital Outlay projects.
• Ability to manage the work of others.
• Ability to express complex and technical elements of accounting and financial management to public officials, professionals, board members, staff and the general public.
• Ability to maintain effective working relationships with agency management, public officials, and staff.
Minimum Education and Experience:
Master's Degree in Business Administration, Accounting, Finance or Auditing and eight (8) years of experience in Accounting,
Business Administration, Public Administration, Finance or Auditing; to include three (3) years of experience with PeopleSoft, Oracle Financials; to include four (4) years of federal grant and special revenue experience; and to include four (4) years of managerial or supervisory experience. Experience or education may be substituted for one another at the discretion of the Director.
Licenses/Certifications Required: Preference will be given to applicants who possess and maintain an active New Mexico license as a Certified Public Accountant.
Supplemental Information:
Other Requirements: State travel is required occasionally. Must possess and maintain a valid New Mexico driver's license.
Job Type: Full Time
Salary: $90k-$ 111,783 DOE
Base of Operations: Albuquerque, NM
Public School Facilities Authority is a state agency that offers excellent benefits, including membership in the Public Employees
Retirement Association of NM. Send resume to: HR at PSFA, 1312 Basehart Rd. SE, Suite #200, Albuquerque, NM 87106-4365 or email to HR@nmpsfa.org Website:www.nmpsfa.org