Wake County, North Carolina offers an outstanding opportunity for experienced Chief Financial Officer to serve as the key advisor / strategist to County Management and the Board of Commissioners on all financial matters.
This position serves as the department head for the Finance Department (staff of 32) and provides executive leadership to the Budget Department (staff of 10). Responsibilities also include safeguarding financial resources, protecting the County’s Triple, AAA bond rating / financial integrity, and providing financial management leadership to other departments. This position oversees the County’s revenues, expenditures, cash and investments, debt, procurement, accounting, budgeting, financial planning, financial reporting and certain risk management functions.
The CFO is responsible for developing high quality business strategies and plans while ensuring their alignment with short-term and long-term Board of Commissioners’ goals and objectives. Additionally, this position has responsibility for high level management of a more than $1.4 billion operating budget, a more than $1 billion 7-year capital improvement plan, and over $2 billion in debt.
Key Responsibilities: The CFO is responsible for leading and directing the following: • Forecasting and monitoring of the financial condition of the County. • Implementing effective policies, procedures and internal controls. • Strategic and complex long-range financial planning and modeling to respond to constantly changing financial circumstances implemented through the annual operating budget, multi-year capital, and debt planning. • Ensuring compliance with County’s financial and debt policies and external debt requirements. • Championing best practices while promoting continuous improvement and optimal use of technology.
The successful candidate must possess a Bachelor’s degree in Finance, Accounting, Public Administration, Business Administration, or closely-related field. Additionally, candidate will have at least eight (8) years of executive-level financial, budget management and strategic financial planning experience in a government setting.
Preferred Qualifications include: A master’s degree; experience leading in government organizations with budgets exceeding $500 million; expertise in multi-year planning and forecasting. Strong leadership, communication skills, and demonstrated performance working with elected officials. CPA is advantageous, but not required.