Chief Financial Officer

Chief Financial Officer

The Virginia Employment Commission (VEC) is seeking an executive financial leader to serve as Chief Financial Officer (CFO), accountable for the financial integrity, fiscal stewardship, and resource strategy of the agency at a defining moment in its history. Reporting to the Deputy Commissioner of Operations (Chief Operating Officer), the CFO directs the Office of Budget & Grants, the Office of Finance, and the Office of Contracts & Supplies (Procurement), and serves as a member of the agency's executive leadership team. The CFO leads all financial operations supporting two distinct lines of business: Virginia's long-standing Unemployment Insurance (UI) program and the Commonwealth's new Paid Family and Medical Leave (PFML) program – the first of its kind in the South. This position is directly accountable for the financial condition of the Virginia Unemployment Compensation Trust Fund and for standing up the financial architecture of the PFML Fund from the ground up, including premium and contribution accounting, benefit disbursement accounting, reserve and solvency monitoring, private plan financial oversight, and refund and receivable management. The CFO produces the financial analysis and rate modeling required to support employer and employee contribution rates by the October 1, 2027 statutory deadline, ahead of contributions beginning April 1, 2028 and benefits becoming payable December 1, 2028. The CFO also owns federal Unemployment Insurance administrative grant management, cost allocation across UI and PFML, U.S. Department of Labor financial reporting, and Auditor of Public Accounts audit readiness. The successful candidate will bring proven public-sector financial leadership, deep knowledge of governmental accounting (GAAP/GASB), trust fund or insurance fund accounting, budget development and execution, internal controls, and public procurement – along with the judgment and steadiness to build a new financial function while keeping an existing one running without disruption.