Financial Director II

State of Vermont

$90K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Master's degree in accounting, business, public administration, or related field plus 2 years of relevant experience; or
  • Bachelor's degree with accounting-related coursework and 3 years of relevant experience; or
  • Associate's degree with 5 years of relevant experience; or
  • High School diploma with 8 years of relevant experience managing fiscal operations; or
  • 1 year of experience as a Financial Director I with the State of Vermont.

Responsibilities

  • Develop and monitor annual and multi-year budgets for the Department.
  • Oversee and ensure compliance in all fiscal operations and accounting activities.
  • Manage daily operations of the Central Business Office and provide staff guidance.
  • Audit and manage DOC-level internal controls and fiscal operations.
  • Implement and monitor internal control systems, policies, and procedures.
  • Review contracts and grants for compliance and financial accuracy.
  • Conduct cost analysis and maintain cost allocation methodologies.
  • Analyze complex data for federal and state financial reports.

Benefits

  • 80% state paid medical premium
  • Free dental plan for employees and their families
  • Flexible spending accounts for healthcare and childcare
  • Defined benefit pension plan and a deferred compensation 457(b) plan
  • 11 paid holidays and generous leave plan
  • Group life insurance at low cost
  • Tuition reimbursement program
  • Incentive-based wellness program
Full Job Description
Overview

The Financial Director II is responsible for ensuring strong stewardship of public funds in support of DOC's mission. This role oversees budgeting, accounting, internal controls, grants, contracts, reporting, and federal grant fiscal administration.

Key Responsibilities
  • Annual and multi-year budget development, monitoring, and forecasting for the Department.
  • Responsible for all fiscal operations, oversee accounting work in the maintenance, review and reconciliation of financial records to ensure compliance with accepted accounting principles and standards. This includes monthly financial reports, cost analysis, posting, balancing, and reconciling accounting records.
  • Managing the daily business operations of the Central Business Office and providing guidance to field and facility business staff.
  • Responsible for auditing, DOC level internal control systems, fiscal operations, federal program fiscal administration.
  • Design, implement, and monitor department-level internal control systems, policies, and procedures.
  • Review all DOC contracts and grants for scope and fiscal content. Ensure documents comply with all necessary administrative bulletins, are coded correctly for DOC's budget and are financially accurate.
  • Conduct cost analysis and develop/maintain methodologies for cost allocation across programs, facilities, and funds.
  • Manage complex accounting activities, including:
    • Compilation and analysis of complex data for federal and state reports.
    • Coordinating financial systems and workflows across multiple offices and facilities.
    • Evaluating and implementing accounting initiatives and process improvements.
  • Analyze and distribute multi-program costs to appropriate funds in accordance with GAAP/GASB and grant requirements.
  • Oversee fiscal management of federal grants (budgeting, drawdowns, reporting, subrecipient monitoring, and compliance with 2 CFR Part 200).
  • Lead, mentor, and evaluate staff performing budgeting, payroll, AP/AR, grant accounting, and audit support.
  • Ability to interpret and apply federal grant regulations (2 CFR Part 200) and state fiscal policies.
  • Excellent leadership, communication, and stakeholder engagement skills.


Key Competencies
  • Strategic budgeting and forecasting
  • Internal controls and risk management
  • Complex reconciliations and problem-solving
  • Cost allocation and grant compliance
  • Team leadership and talent development
  • Clear, data-informed communication


Who May Apply

This position, Financial Director II (Job Requisition #55454), is open to all State employees and external applicants.



Resumes will not be accepted via e-mail. You must apply online to be considered.

Please note that multiple positions in the same work location may be filled from this job posting.

Environmental Factors

Work is performed in a standard office setting.

Minimum Qualifications

Master's degree in accounting, business or public administration or a related field AND two (2) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience including managing a major fiscal program or operation.

OR

Bachelor's degree in accounting or a bachelor's degree in any discipline that includes or is supplemented by 20 credit hours in accounting and three (3) years of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included managing a major fiscal program or operation.

OR

Associate's degree AND five (5) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff OR six (6) years or more of experience managing a significant fiscal program or section.

OR

High School diploma or equivalent AND eight (8) years or more of professional level accounting, budgeting, fiscal auditing, fiscal analysis, federal program fiscal administration or other professional level fiscal operations experience which has included experience managing programs, funding sources or staff.

OR

One (1) year or more of experience as a Financial Director I with the State of Vermont.

DOC PREA (Prison Rape Elimination Act) Requirements

In accordance with federal regulation, any person applying for employment in the Department of Corrections must provide relevant information. Previous institutional employers will be contacted and required to provide information regarding substantiated incidences of sexual abuse or resignation during a pending investigation of an allegation of sexual abuse. By submitting this online job application, you certify all information furnished is true and complete. The information you provide in accordance with this regulation may be used, and previous employers may be contacted for the purpose of investigating and verifying your work history.

Conviction History Requirements: Candidates who have any felony conviction record or who, within the past five (5) years, have been placed under supervision or sanctioned for a misdemeanor conviction must receive a waiver from the Commissioner of Corrections in order to be considered for employment. You may access the application and corresponding documents by clicking here. Once you have completed the application, please send it directly to the hiring manager identified as the contact person in this job posting.

Special Requirements

For some positions experience working with the VISION system (VISION is the State of Vermont PeopleSoft financial management system) may be required.

Total Compensation

As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:
• 80% State paid medical premium
• Dental Plan at no cost for employees and their families
• Flexible Spending healthcare and childcare reimbursement accounts
• Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
• Work/Life balance: 11 paid holidays each year and a generous leave plan; many jobs also allow for a flexible schedule
• Low cost group life insurance
• Tuition Reimbursement
• Incentive-based Wellness Program
• Qualified Employer for Public Service Student Loan Forgiveness Program
Want the specifics? Explore the Benefits of State Employment on our website.

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