Chief Financial Officer

  • WEDC
  • Madison, WI 53703
Full time Executive

Job Description

Wisconsin Economic Development Corporation
 
Chief Financial Officer Position Description
 
 
 
Position Summary
 
The Chief Financial Officer is a strategic advisor and partner to the Chief Executive Officer and Wisconsin Economic Development Corporation Board of Directors in the mission to advance and maximize opportunities in Wisconsin for businesses, communities and people to thrive in a globally competitive environment. This role is responsible for overseeing and managing the evolution of a world-class infrastructure to support Wisconsin’s economic development network. The Chief Financial Officer has the following primary roles: 1) Responsible for financial reporting and analysis 2) Ensuring sound internal controls, 3) Responsible for overseeing the information systems and technology of the organization, 4) Responsible for WEDC’s award portfolio, including award underwriting, servicing, and program performance reporting, 5) Develops and recommends short and long-range strategic initiatives, 6) Manages the organization’s cash and investment portfolio.
 
 
Responsibilities
 
The Chief Financial Officer will spend most of his/her time in these activities:
Responsible for WEDC financials, including the budget
Overseeing monthly and annual financial reporting processes
Analyzing and communicating financial results
Managing WEDC’s cash and investment portfolio
Reviewing and providing insight and advice on strategic operational matters.
Ensuring effective internal controls over financial processes
Coordination of financial and programmatic audits of WEDC.
Establishes and maintains governance over the information system and technology infrastructure of the organization
Approves program guidelines and procedures that are consistent with overall WEDC policies and operations objectives
Voting member of the Awards Administration Committee
Monitors award performance
In partnership with the Legal division, manages loan and award defaults, including workouts
Establishes and monitors WEDC’s award database and annual report on economic development (ARED).
Has supervisory responsibility for effectively managing the financial, information systems, credit and risk, program performance, and project management teams.
Analyze operations data and institute procedural changes where warranted to effect cost reduction through more efficient systems, operations and schedules.
Leading long-range financial planning
Represents WEDC in front of legislative bodies as appropriate
Represents WEDC at public events.
Other duties as assigned.
 
 
Qualifications/Skills
 
 
Education and Experience: 
 
Bachelor’s degree in Accounting or Finance
Related professional, progressive financial experience with at least five years of executive level experience
Certified Public Accountant (CPA)
Master’s degree in related field preferred – but not required
Government, banking, and/or non-profit experience preferred – but not required
 
 
Skills and Talents: 
 
Comprehensive knowledge of accounting, internal controls, award management, and information systems
Executive management and leadership skills
Strong analytical and problem-solving skills
Ability to make long term plans
Establish and maintain professional relationships
Excellent written and verbal communication skills
 
 
Other Requirements
 
State-wide travel will occur on an occasional basis, less than 20% of the time. Travel is anticipated to include day travel.
This position is eligible for reimbursement according to the Bring Your Own Device (BYOD) program.  This position requires the employee to provide a mobile device that allows for phone, text, and email access.