Chief Financial Officer

Chief Financial OfficerCome Join the State of Alaska! The Department of Revenue, Treasury Division is recruiting for a Chief Financial Officer, located in Juneau. The Treasury Division is the bank and trust department for the State of Alaska. It provides cash management, portfolio management, debt management and accounting services for the various retirement funds, the State's General Fund, the Constitutional Budget Reserve Fund and numerous other funds and trusts. This position is assigned to the division's asset accounting section.Scope And ResponsibilitiesThe Chief Financial Officer directs the Asset Accounting section for the State of Alaska, designs and implements internal controls related to investment reporting requirements, completes complex analyses and projects for the State Treasury, and develops and distributes monthly and audited annual financial statements for the Alaska Retirement Management Board (ARMB) and the investments under the fiduciary responsibility of the Commissioner of the Department of Revenue.Daily Operations:Provide accurate daily reconciled reporting on net asset values and gains and losses for rate of return calculations and reporting on numerous state and Retirement and Benefits plans.Direct and coordinate the daily reconciliation of the custodial bank, plan reporting, and State of Alaska accounting systems, and the generation of daily investment performance statisticsManage custodial bank accounts (funds), composites, and daily investment reportingManage plan reporting pools, plans, plan ownership, and daily plan reportingManage and oversee application-based reconciliation logic, procedures, and the implementation and staff training of variations or additions to daily, monthly, and annual investment reconciliationsOversee daily cash contribution and redemption investment activitiesIdentify, assess, resolve, and reasonably prevent all irregularities and variances, and develop strategies to mitigate material errors or omissions from affecting plan, pool, and fund assets and revenuesCorrespond with various stakeholders to resolve daily issuesCoordinate routine collaboration, and maintain positive and effective relationships, with custodial and plan reporting contractors to ensure constructive and timely error resolutionObtain and maintain extensive knowledge of fund, pool, and plan structures as well as transaction flows, security type characteristics, investment strategies, asset classes, state accounting system data elements and reporting applications, as well as database and technical applicationsAccounting And Reporting:Manage the generation, external auditing, and distribution of annual financial statements for the invested assets of the Alaska Retirement Management Board and invested assets under the investment authority of the Commissioner or RevenueDirect the accurate and timely issuance of monthly interim financial statementsManage the publishing of select fund performance statisticsEnsure the timely and accurate completion of statutorily required reportingSubstantiate security prices using Readily Determinable Fair Values (RDFV)Manage the GASB 72 classification of over 7,000 individual securitiesOversee the calculation and distribution of earnings to the General Fund and Other Non-Segregated Investment funds (GeFONSI)Certify daily, monthly, and annual investment activity entries in the state accounting systemCompile ad-hoc reports and graphs for legislative, budgetary, or other stakeholder useInternal Controls:Review and report on semi-annual Service Organization Control (SOC 1) auditsPerform routine risk assessments, develop risk mitigation strategies, and create treatment plans as necessaryOversee due diligence on systems, controls, contractual agreements, and accounting processesResearch new/updates to applicable GASB reporting requirementsManagement And Operations:Supervise the Asset Accounting Manager and ensure staff compliance with state, departmental, and division policiesEstablish, maintain, monitor, and report performance metrics for Asset AccountingProvide and develop internal training and identify training opportunities for section staffFacilitate professional development of all subordinate staff and encourage internal career advancementPerform ongoing reviews, provide constructive criticism, and complete annual performance evaluations as neededCollaborate with other section heads to determine the strategic direction of the Treasury divisionWork with Treasury section heads to align priorities with strategic division objectivesCreate and maintain succession plansMinimum QualificationsRequired:Bachelor's degree in Accounting or FinanceEight (8) years of professional accounting experiencePreferred:CPAAdditional Required InformationEEO StatementThe State of Alaska complies with Title I of the Americans with Disabilities Act (ADA). Individuals with disabilities, who require accommodation, auxiliary aides or services, or alternative communication formats, please call View phone number on click.appcast.io or 465-4095 in Juneau or View phone number on click.appcast.io (TTY) or correspond with the Division of Personnel & Labor Relations at: P. O. Box 110201, Juneau, AK 99811-0201. The State of Alaska is an equal opportunity employer.Contact InformationHow To Apply:Submit a cover letter, resume, and professional references via email or mail. EMAIL: View email address on click.appcast.io MAILING ADDRESS: DOR Treasury Admin Treasury Division P.O. Box 110405 Juneau, AK 99811-0405BenefitsCareers with the State of Alaska offer MANY benefits. The following information describes typical benefits available to employees of the State of Alaska. Actual benefits received may differ by bargaining unit or branch of government, position type, or be prorated for other than full time work. For a quick breakdown of the insurance, health, and retirement benefits available for State Employees you can view an orientation video from Division of Retirement and Benefits.Insurance Benefits:Health insurance, which includes employer contributions toward medical/vision/dentalEmployer paid Basic Life insurance with additional coverage available (amount depends on Bargaining Unit)Optional Insurance Benefits:Group-based insurance premiums forTerm life (employee, spouse or qualified same sex partner, and dependents)Long-term and short-term disabilityAccidental Death and DismembermentLong-term care (self and eligible family members)Supplemental Survivor BenefitsEmployee-funded flexible spending accounts for tax savings on eligible health care or dependent care expensesRetirement Benefits:Membership in the Public Employees Retirement System (PERS)/Teachers' Retirement System (TRS)Matching employer contribution into a defined contribution program (new employees)Employer contribution into a defined benefit or defined contribution program (current employees)Contributions to the Alaska Supplemental Annuity Plan in lieu of contributions to Social SecurityOption to enroll in the Alaska Deferred Compensation ProgramNote: The Defined Contribution Plan, Supplemental Annuity Plan and Deferred Compensation Program offer a variety of investment optionsPaid Leave & Other Benefits:Personal leave with an accrual rate increase based on time servedTwelve (12) paid holidays a year