Chief Financial Officer (CFO)

New Yesterday

Open Until Filled EXECUTIVE SERVICE (*This position serves at the pleasure of the Appointing Authority.*) The Maryland Transportation Authority (MDTA) owns, operates, and maintains eight major toll facilities comprised of four bridges, two tunnels, and two turnpikes across Maryland. The organization is a self-supporting enterprise. For over 50 years, the MDTA has provided Maryland's citizens and visitors with safe, secure, and convenient transportation facilities. We are committed to quality and excellence in customer service, and we rely on our organization's values, traditions, and—most importantly—our employees to achieve these goals. NOTE: To be considered for this position, you must apply online at: https://www.governmentjobs.com/careers/mdotmd/jobs/4936053/chief-financial-officer-dot-executive-viii Nature Of Work The Chief Financial Officer (CFO) is responsible for ensuring the organization's overall financial health and stability, supporting the delivery of major transportation infrastructure vital to Maryland's economy and quality of life. This C-Suite position is the authority on financial matters and internal controls. The CFO mitigates risks and collaborates with MDTA Board Members, the Executive Director, and other Chief Officers on strategic goals, priorities, and mission. The CFO also supports the MDTA's tolling program and revenue preservation. Responsibilities The CFO oversees the Divisions of Finance, Partnerships and Finance Administration, and Procurement. These divisions handle: Preparing Annual Financial Reports, forecasts, and scenario analyses affecting toll revenue, budgets, debt, and toll rate proposals; Managing funds, including a $1 billion investment portfolio, $2 billion debt portfolio, $440 million annual operating budget, and $800 million toll revenue; Preparing materials for the Board Finance and Administration Committee and legislative presentations; Procurement of services and contracts valued at $300 million annually; Ensuring compliance with financial and procurement regulations, trust agreements, and best practices; Collaborating on tolling activities and revenue assurance; Coordinating federal funds and developing future P3 projects; Securing insurance and handling damage recovery; Safeguarding inventory and assets. This position reports directly to the MDTA Executive Director. The current vacancy is in Baltimore, MD, with potential for hybrid telework. MDTA offers a benefits package including holidays, leave, pension, health plans, and more. The leave may be prorated based on start date. Qualifications Preferred Education: Bachelor's degree in Finance, Accounting, Business Administration, Economics, Public Administration, or related field. Experience: Ten years of progressive financial management experience, including five years in senior management overseeing multiple financial functions. Ideal Candidate Attributes: CPA or MBA preferred Experience with bond issuance, debt management, and credit ratings Experience with revenue policy, forecasting, and stakeholder engagement Strong internal control knowledge Federal government experience (minimum two years) Please include all relevant experience in your application, including volunteer, military, or acting roles. Note: Military service can substitute for education and experience on a year-for-year basis. Licenses and Certifications: None required. Application Process Apply online at https://www.governmentjobs.com/careers/mdotmd . Resumes cannot substitute for the online application. Paper applications will not be accepted.
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Location:
Baltimore, MD, United States
Salary:
$250,000 +
Category:
Finance, Management & Operations

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