This is administrative level work responsible for planning, directing, implementing, and monitoring the State's financial policies and procedures and for providing the technical direction to ensure all State entities accurately and efficiently execute and monitor the receipt and expenditure of funds.
- Recommends, implements, and monitors the necessary policies and procedures to record and account for the receipt and expenditure of the state's $5.0+ billion in annual revenue and budget.
- Administers SWCAP contract and the Indirect Cost Recovery Program.
- Provides the necessary financial information for the state's Bond Prospectus.
Applicants who do not possess the preferred qualification will still be eligible to compete for this position if job requirements are met.
- Six months experience in using the First State Financial System (FSF) to enter, update, modify, delete, retrieve/inquire and report on data.
Essential functions are fundamental, core functions common to all positions in the class series and are not intended to be an exhaustive list of all job duties for any one position in the class. Since class specifications are descriptive and not restrictive, incumbents can complete job duties of similar kind not specifically listed here.
- Develops, implements, and monitors statewide financial policies and procedures to ensure state agencies accurately and efficiently execute and monitor the receipt and expenditure of funds.
- Provides counsel and guidance to statewide financial system teams in the areas of budget, accounting, payroll, and procurement.
- Provide guidance and training to agency personnel. Develop and implement solutions to financial problems/issues impacting agency operational needs and/or statewide policy and the Delaware Code.
- Monitor, research and update the State Budget and Accounting Policy Manual and the various financial reports.
- Interpret, investigate, and develop improved policies to fulfill the requirements of the federal government and State auditors.
- Develop policies and training to accommodate outside entities and other state financial offices utilizing the state's financial systems; i.e., school district charter schools and Twenty-First Century Fund.
- Coordinate with the Deputy Director of Financial Management, and the Deputy Director of Budget Development, and the Fiscal and Policy Analyst in the production of the Governor's Recommended Budget including financial statement preparation, quality control and liaison with outside agencies.
- Ensure statewide compliance with federal mandates under the federal Cash Management Improvement Act (CMIA).
- Provide the information analysis and explanation of significant year-to-year variance on statewide issues which could impact the state's financial standing in the annual audit of the Annual Comprehensive Financial Report (ACFR).
- Maintain up-to-date awareness and knowledge of changing federal laws and regulations and requirements to satisfy information needs criteria of the financial community.
- Ensures the state's financial system reflects the appropriations approved by the General Assembly; i.e., provides the crosswalk between the appropriations bill and the state's budget and accounting systems.
- Develop and implement a plan to provide full integration of the state's complete fiscal management cycle which includes planning, budgeting, accounting, and reporting.
- Manage, control, and coordinate with central and operating agencies the transition from closeout to start-up of new fiscal year.
- Provide guidance and recommend allocations to the Budget Commission.
- Provide accurate, complex financial information on the state's resources and expenditures to various national and regional survey groups.
JOB REQUIREMENTS for Chief of Financial Management Services
Applicants must have education, training and/or experience demonstrating competence in each of the following areas:
- Possession of Bachelors degree or higher in Public Administration, Business, Accounting, Economics or related field.
- Three years experience in financial administration such as comprehensive analysis of programs, budgets, projects, services, alternatives, and costs; financial planning, revenue generation, revenue forecasting, expenditure forecasting, cash flow management and establishing internal control.
- Three years experience in providing guidance and direction to management/officials in accomplishing financial, program and organizational goals and objectives, identifying and resolving issues.
Additional Posting Information
A writing sample will be requested at the time of interview.
Conditions of Hire
Applicants must be legally authorized to work in the United States. The State of Delaware Executive Branch participates in the Federal E-Verify system where the State will provide the federal government with each new hires Form I-9 information to confirm that you are authorized to work in the U.S. For more information refer to our job seeker resources.
The application and supplemental questionnaire are evaluated based upon a rating of your education, training and experience as they relate to the job requirements of the position. It is essential that you provide complete and accurate information on your application and the supplemental questionnaire to include dates of employment, job title and job duties. For education and training, list name of educational provider, training course titles and summary of course content. Narrative information supplied in response to the questions must be supported by the information supplied on the application including your employment, education and training history as it relates to the job requirements.
Once you have submitted your application on-line, all future correspondence related to your application will be sent via email. Please keep your contact information current. You may also view all correspondence sent to you by the State of Delaware in the “My Applications” tab at StateJobs.Delaware.gov.
Accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an auxiliary aid or service please call (302) 739-5458. TDD users should call the Delaware Relay Service Number 1-800-232-5460 for assistance.
The State of Delaware is an Equal Opportunity employer and values a diverse workforce. We strongly encourage and seek out a workforce representative of Delaware including race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression.