Deputy Chief Financial Officer

Title: Deputy Chief Financial Officer

State Role Title: Financial Services Manager I

Hiring Range: $85k-95k

Pay Band: 5

Agency: Dept of Housing & Cmnty Devel

Location: Main Street Centre

Agency Website:

Recruitment Type: General Public - G

Job Duties

DHCD Welcomes Veterans and Veteran Spouses!

Join Our Team at the Virginia Department of Housing and Community Development!

The Deputy Chief Financial Officer (DCFO) is a senior leadership opportunity for a mission-driven financial professional within the Division of Administration. The DCFO plays a role in the agency's financial strategy and ensures that all aspects of its fiscal operations are accurate, compliant, and aligned with organizational priorities. This position oversees a wide range of essential functions, including financial management, accounting operations, daily fiscal activities, accounts payable and receivable, cash management, payroll certification, and the pre-audit review of all transactions while ensuring consistent application of uniform guidance and maintaining the highest standards of data integrity across financial systems.


The DCFO also supports budget development, strengthens grant-related fiscal compliance, and provides analytical insight that informs agency-wide decision-making. With a focus on evaluating risk, enhancing internal controls, and ensuring continuous audit readiness, the role is vital to safeguarding the agency's financial health.

As the primary backup to the Chief Financial Officer, the DCFO offers leadership continuity and expert guidance, stepping in seamlessly to resolve complex financial issues and support ongoing operations. This position collaborates extensively with internal divisions, external partners, and oversight entities to promote transparency, accountability, and responsible stewardship of public funds. Through this broad and influential scope, the Deputy Chief Financial Officer helps drive high-performing, mission-aligned administrative processes and ensures that financial practices and systems effectively advance the agency's goals.

What you'll do:
• Financial Management- Assist in monitoring expenditures agency-wide, forecasting needs, and identifying financial risks.
• General Ledger- Oversee full-cycle general ledger activities, including journal entries, account maintenance, and corrections.
• Internal Controls and Audit Readiness-Prepare audit schedules, manage documentation, and coordinate with auditors.
• Financial Reporting-Prepare and review monthly, quarterly, and annual financial statements.

Commonwealth of Virginia benefits/incentives include:
Public Student Loan Forgiveness (PSLF)
Tuition Reimbursement
Dental/Medical/Vision plans
Sick, Family/Personal, Annual, Military, and Community Service Leave
Employee Assistance Programs (EAP)
Disability Plans (Short and Long Term)
Retirement and Savings plans
Life and Long-Term Care Insurance Telework Eligible Commonwealth of VA Employees ONLY discounts

Follow DHCD on Twitter (X), Facebook, LinkedIn, YouTube, and Instagram!

Minimum Qualifications
• Considerable knowledge of fiscal operations, state accounting policies and procedures, and generally accepted accounting principles (GAAP), and a demonstrated application of accounting principles and procedures to address agency needs.
• Proficient in the interpretation and application of state and federal guidance and regulations.
• Expert skillset in preparing, analyzing, and reconciling accurate financial statements, analytical reports, and compliance documentation to implement and maintain an efficient system of internal controls.
• Demonstrated skillset in applying audit standards and practices, including internal and external audit coordination.
• Proficient knowledge and skills in financial management systems and other software packages.
• Skill in collaboration, relationship building, and working effectively with internal and external partners to analyze issues objectively, recommend solutions, and support continuous improvement of financial operations.
• Progressive experience in developing budgets, managing expenditures, and monitoring financial performance.
• Significant experience in financial analysis, interpreting complex financial data, and developing actionable insights.

Additional Considerations
• Experience with program grant compliance and budgeting expenditures.

Special Instructions

You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to "Your Application" in your account to check the status of your application for this position.

Application Process:
Individuals desiring to be considered for this position must submit a completed employment application or you may attach a resume before the position's closing date. Applications/changes received after the closing date will not be considered. Applications sent through postal mail, email, or fax will not be considered.
Applicants are encouraged to be specific regarding job-related knowledge, skills, experience, and abilities.
You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to "Your Application" in your account to check the status of your application for this position.
Supplemental Questions:
You may be required to respond to position-specific questions at the end of this application. This information may help us evaluate your credentials and qualifications for the job. Failure to respond to any questions may disqualify you from further consideration. Answers should be reflected in jobs and positions held.
Background and Reference Checks:
Selected applicants are subject to a background investigation and reference checks. Investigations may include fingerprint checks (State Police, FBI); local agency checks; employment verification; verification of education (if required and relevant to employment); credit checks; and other checks based on the position.
Lay off Policy 1.3:
If you have been impacted by the DHRM Policy 1.3 layoff and have a valid Interagency Placement Screening Form (Yellow Card) or Preferential Hiring Form (Blue Card), it is necessary to submit the card before the closing date for this position. You can include the Card as an attachment with your state application.
DHCD Welcomes Veterans and Spouses:
We are committed to recruiting, hiring, and retaining qualified Veterans and their spouses. Veterans who are hired into state positions may be eligible to receive additional leave accruals based on their total years of service in the military, National Guard, or Reserve. If applicable, please submit form DD-214 with your state application.
Sponsorship:
The Commonwealth of Virginia welcomes all applicants authorized to work in the United States. Sponsorship is not provided; therefore, applicants must be a citizen or national of the U.S., a Lawful Permanent Resident, or an alien authorized to work.
Reasonable Accommodations:
Accommodations are available to persons with disabilities during application and/or interview processes per the Americans with Disabilities Act. Contact our Human Resources Department for further assistance.
Equal Opportunity Employer:
The Department of Housing and Community Development practices fair and equal employment opportunities to all employees and applicants in accordance with applicable laws and regulations. It is our policy to prohibit discrimination on the basis of race, sex, color, national origin, religion, sexual orientation, gender identity, age, veteran status, political affiliation, genetics, or disability in the recruitment, selection, and hiring of its workforce. Qualified individuals with disabilities are encouraged to apply. It is our goal to foster a culture that demonstrates the principles of civility, diversity, opportunity, and inclusion.
Diversity, Opportunity, and Inclusion:
DHCD is committed to providing valuable opportunities for a diverse, equitable and inclusive environment where all employees feel supported. DHCD seeks to work with partners, grantees and vendors who demonstrate a commitment to diversity and inclusion as a practice and have a demonstrated record of this commitment.
Alternative Hiring Process:
In support of the Commonwealth's commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at View phone number on click.appcast.io. Note: Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022-
February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.

Contact Information

Name: Human Resources

Phone: N/A

Email: View email address on click.appcast.io

In support of the Commonwealth's commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at View phone number on click.appcast.io.

Note : Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.

Each agency within the Commonwealth of Virginia is dedicated to recruiting, supporting, and maintaining a competent and diverse work force. Equal Opportunity Employer