Deputy Director of Treasury

Key Responsibilities

• Ensure Accurate and Timely Financial Activities and Reporting
• Objective: Lead the preparation and review of accurate, comprehensive, and timely financial statements in accordance with GAAP and organizational policies.
• Success Metrics: Monthly and quarterly financial reports submitted on time with minimal revisions; zero significant discrepancies or audit findings in financial reporting.
• Enhance Internal Controls and Compliance/ARMICS
• Objective: Strengthen internal controls to mitigate financial risk, improve accuracy, and ensure compliance with relevant regulatory standards and company policies.
• Success Metrics: Successful internal and external audit results; no material weaknesses or significant deficiencies in internal controls; full compliance with applicable financial regulations.
• Improve Accounting Process Efficiency
• Objective: Identify and implement process improvements and automation within accounting workflows to enhance operational efficiency, reduce errors, and improve the accuracy of financial data.
• Success Metrics: Reduction in manual accounting processes; decreased time required for month-end close; measurable improvements in workflow efficiency.
• Support Strategic Financial Planning and Analysis
• Objective: Assist in the development of financial forecasts, and long-term financial strategies that align with the organization’s strategic goals.
• Success Metrics: Successful collaboration on annual budgeting and forecasting process; accurate variance analysis and timely adjustments to financial strategies as needed.
• Leadership and Team Development
• Objective: Provide leadership, mentorship, and professional development opportunities for the accounting team to improve skills, foster collaboration, and enhance department performance.
• Success Metrics: Positive feedback from team members; improved team performance metrics; successful completion of training and development initiatives.
• Drive Financial Data Integration and Reporting Tools
• Objective: Lead efforts to implement or upgrade financial systems, including ERP platforms, to improve data accuracy, financial reporting capabilities, and decision-making.
• Success Metrics: Successful implementation of system upgrades or new financial systems; measurable improvements in data reporting accuracy and timeliness.
• Foster Cross-Departmental Collaboration
• Objective: Serve as a key liaison between the accounting department and other functional areas to ensure alignment on financial goals, budgeting, and operational processes.
• Success Metrics: Effective communication and cooperation with other departments; resolution of cross-functional financial challenges; improved stakeholder satisfaction.
• Maintain High Standards of Ethical Financial Practices
• Objective: Ensure the organization’s financial practices uphold the highest ethical standards, promoting transparency, honesty, and integrity in all accounting activities.
• Success Metrics: No ethical violations or conflicts of interest within the accounting team; positive reputation for financial transparency both internally and externally.
• Contribute to Long-Term Strategic Growth
• Objective: Collaborate with senior leadership to support strategic decision-making and growth initiatives by providing financial insights, data analysis, and recommendations based on financial performance.
• Success Metrics: Active participation in planning sessions; actionable financial insights that directly contribute to growth opportunities and risk mitigation.

Qualification & Requirements

Minimum Qualifications

• Knowledge, Skills, and Abilities (KSA)
  • Accounting Principles: Extensive knowledge of generally accepted accounting principles (GAAP) and governmental accounting standards, including financial reporting requirements.
  • Financial Management: Proficient in finance operations, and related state and federal regulations, including the Department of Accounts, Planning and Budget, Auditor of Public Accounts, and Labor.
  • Accounting Expertise: Familiarity with Virginia accounting policies and practices, including Accounts Payable (AP) and cost accounting.
  • Grants Accounting: Knowledge of federal grant requirements and the ability to manage grants in compliance with applicable regulations.
  • Internal Controls: Strong understanding of internal control frameworks, audit standards, and compliance policies, with the ability to implement and oversee these practices effectively.
  • Analytical Skills: Demonstrated ability to analyze complex financial data, identify trends and issues, and make sound recommendations based on findings.
  • Financial Reporting: Proficient in preparing detailed financial reports and statements, ensuring accuracy and adherence to reporting standards.
• Competencies
  • Leadership: Strong leadership skills with the ability to inspire and guide a finance team, fostering a culture of collaboration and accountability.
  • Communication: Excellent verbal and written communication skills, with the ability to effectively present financial information to diverse audiences, including senior executives and external stakeholders.
  • Analytical & Problem-Solving: Strong analytical skills with the ability to identify issues, analyze complex financial data and develop actionable solutions. Proven ability to identify financial issues, negotiate resolutions, and implement effective solutions in a timely manner.
  • Interpersonal Skills: Ability to build and maintain effective working relationships with senior-level executives, staff, and various stakeholders to facilitate collaboration and achieve common goals.
  • Ethical Standards: Commitment to maintaining professional ethics related to confidentiality and integrity in all financial dealings.
  • Training and Development: Skill in developing and delivering training and technical assistance to staff and stakeholders on financial policies and procedures.
  • Process Improvement: Capacity to evaluate and implement cost-effective process improvements to enhance efficiency and service delivery within the finance function.
  • Attention to Detail: Exceptional attention to detail and accuracy in financial reporting and analysis.
  • Organizational Skills: Ability to prioritize tasks, manage multiple projects simultaneously, and work under tight deadlines.
  • Discretion & Confidentiality: Ability to handle sensitive financial information with professionalism and confidentiality.

Additional Considerations

• Experience in Oracle e-Business Suite, Cardinal, eVA, FAACS, LAS and state budgeting and financial reporting.

The selected candidate must successfully pass a comprehensive background check including an FBI fingerprint background investigation.

Benefits

No information available.