Chief Financial Officer

Chief Financial Officer

Position Contingency Notice: This position is associated with Bay State Rail's proposal to operate the MBTA Commuter Rail network. Employment opportunities for this role are contingent upon Bay State Rail being awarded the contract and successful contract mobilization.

Job Category: Management

Job Type: Full Time

About Bay State Rail

Bay State Rail is a joint venture between Transdev North America and Transport UK and is one of three teams pursuing the opportunity to operate the MBTA Regional Rail network. Our team brings the expertise and vision needed to transform Boston regional rail into a service built for the common good. We are committed to delivering a modern, dependable rail system that strengthens communities, eases congestion, and drives a more sustainable future.

Position Summary

The Chief Financial Officer (CFO) is responsible for providing executive leadership and oversight of all financial activities supporting the Boston Regional Rail operation. The CFO leads financial planning, budgeting, accounting, financial reporting, audits, and funding compliance activities while ensuring fiscal accountability, contractual compliance, and sound financial stewardship. The Chief Financial Officer oversees the legal, procurement, and IT functions. Reporting directly to the Operator General Manager (OGM), the CFO serves as a strategic advisor to executive leadership and supports the long-term financial sustainability of the organization.

We’re proud to offer:

• Competitive compensation package of minimum $200,000 - maximum $240000
• In addition to base salary, this role is eligible for an annual Short-Term Incentive (STI) opportunity

Position Profile

• Provides executive leadership and oversight of all financial activities associated with the Boston Regional Rail operation.
• Drives a culture of financial efficiency across the entire business, leading a team of finance business partners and others to ensure responsible spending.
• Ensures accurate financial reporting, fiscal accountability, and compliance with contractual requirements, public funding regulations, and applicable accounting standards.
• Oversees all accounting activities associated with the Services, including financial controls, reporting, audits, and administrative functions.
• Directs the development, implementation, and management of operating budgets, financial plans, forecasts, and financial performance reporting.
• Ensures prompt and accurate invoice preparation and delivery, including the administration of deductions and contractual financial adjustments.
• Oversees all Federal Transit Administration (FTA) and other public funding activities, ensuring compliance with funding requirements and reporting obligations.
• Leads financial audits and the implementation of approved corrective actions and recommendations.
• Supports executive leadership through financial analysis, forecasting, strategic planning, and fiscal decision-making.
• Collaborates with MBTA representatives, regulatory agencies, auditors, and operational leaders to support effective financial management and contract performance.
• Liaises with parent company finance teams, providing financial reports, contributing to Transdev and Transport UK group finance exercises and engaging with best practice and complying with audit requirements.
• Drives a culture of accountability, transparency, operational excellence, and continuous improvement across all finance and administrative functions.
• Responsible for directing and overseeing the Chief Information Officer and team, enforcing IT standards and best practices.
• Oversees procurement and supply chain activities.

Qualifications

Required Experience

• Minimum of 10 years of progressively responsible financial leadership experience, including significant responsibility for financial planning, budgeting, accounting, and reporting functions.
• Demonstrated experience managing complex budgets, financial reporting requirements, and financial performance analysis within transportation, public-sector, infrastructure, or other regulated industries.
• Working knowledge of the rail mass transit industry.
• Extensive knowledge and experience with Generally Accepted Accounting Principles (GAAP).
• Experience in business and financial planning, budget development and implementation, financial information collection and reporting, and human resource management.
• Thorough knowledge of Federal Transit Administration (FTA) and other public funding regulations and requirements.
• Experience overseeing financial audits, regulatory compliance, and corrective action implementation.
• Proven experience leading finance and administrative teams within a complex operational environment, driving efficiency and delivering improvements to financial processes and results.

Knowledge, Skills & Abilities

• Deep knowledge of accounting principles, financial reporting, budgeting, forecasting, auditing, and financial management practices.
• Strong understanding of public funding requirements, government reporting obligations, and financial compliance programs.
• Demonstrated executive leadership and strategic management experience supporting large-scale operational organizations.
• Strong understanding of financial controls, fiscal accountability, risk management, and organizational governance.
• Strong stakeholder management skills with experience coordinating across operations, executive leadership, client representatives, auditors, and regulatory agencies.
• Excellent communication, decision-making, problem-solving, and organizational leadership skills.

The ideal candidate is a high-performing strategic leader who drives results and inspires others through integrity, accountability, and strong communication. Combines business acumen and continuous improvement to achieve sustainable business outcomes and enhance customer experience. Builds trust through self-awareness and ethical leadership while empowering others to reach their full potential. Cultivates strong stakeholder relationships, high-performing teams, and creates organizational agility to successfully navigate change and deliver long-term success.

Transdev is an Equal Employment Opportunity (EEO) employer and welcomes all qualified applicants. Applicants will receive fair and impartial consideration without regard to race, sex, color, national origin, age, disability, veteran status, genetic data, gender identity, sexual orientation, religion or other legally protected status, or any other classification protected by federal, state, or local law.

Drug-free workplace

If based in the United States, applicants must be eligible to work in U.S. without restrictions for any employer at any time; be able to pass a drug screen and background check.

California applicants: Please Click Here for CA Employee Privacy Policy.

About Transdev

Cities, counties, airports, companies, and universities across the U.S. contract with Transdev to operate their transportation systems, maintain their vehicle and fleets, and deliver on mobility solutions. Transdev U.S. employs a team of 32,000 across 400 locations while maintaining more than 17,000 vehicles.

Part of a global company, Transdev is a leader in mobility with operations in 19 countries, proudly operated by 110,000 team members from around the world. As an operator and global integrator of mobility, we are driven by our purpose. Transdev - the mobility company - empowers the freedom to move every day thank to safe, reliable, and innovative solutions that serve the common good. Find out more at or watch an overview video.

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