Job Description

The new address of this position will be 1 Federal Street, Boston, MA 02110 in December 2024.

About the Organization:

The Office of Consumer Affairs and Business Regulation (OCABR) is a state agency within the Executive Office of Economic Development and is responsible for protecting consumers through advocacy and education. The Office of Consumer Affairs works to ensure that the businesses our agencies regulate treat all Massachusetts consumers fairly. The Division of Banks ("DOB"), Division of Insurance ("DOI"), Division of Occupational Licensure ("DOL"), Division of Standards ("DOS"), and Department of Telecommunications and Cable ("DTC") all fall under the OCABR umbrella and help us to fulfill our critical mission of building better businesses and smarter consumers.

• Budget Planning and management: Responsible for the budget unit which manages the financial framework that supports all agency operations and initiatives. Key components of this framework include preparing the spending plans for the six OCABR agencies and working with the Secretariat and A&F in the development of the Governor's annual fiscal year budget proposal. The CFO meets regularly with agency liaisons to ensure proper oversight and adherence to all financial requirements and to best support agencies in their respective missions. The CFO meets with agency heads and/or operations staff as a critical part of the spending plan process as well as monitoring spending throughout the year to address spending shifts and priorities as needed. Budget management and planning requires interaction throughout the year with the Assistant Secretary of Finance and other staff within the Executive Office of Economic Development (EOED), including the EOED CFO, as well as the Governor's Executive Office of Administration and Finance, and with House and Senate budget analysts.
• Accounting and procurement: Oversee the accounting unit which is responsible for compliance with all financial rules, regulations and procedures for all accounts receivable, accounts payable and procurement activities.
• Liaison to HR: Work cooperatively with the OCABR HR Senior Business Partner to ensure staffing, reclassification, and promotion plans are accounted for and funded.
• Liaison to the Secretariat Information Technology Director: In conjunction with budget and accounting staff, the CFO and the SCIO must maintain close communications on all operating costs and project initiatives to assure adequate funding is in place and procurement of services is in compliance with financial rules and procedures.
• Communications: The CFO is responsible for all communications with external entities including the following: the Executive Office of Administration and Finance, Legislative Ways and Means Committees, the Office of the Comptroller, and the Office of the State Auditor.
• Other duties: The CFO oversees various operational activities including all space leasing, landlord relations, internal controls, and audits.

• Required skills include budgeting, management information systems, financial management, program evaluation, policy analysis, personnel management and strong written and verbal communication abilities.
• High level of management experience and skill in administration of a large and complex public agency.
• Knowledge of the state's accounting system (MMARS), Labor Cost Management, the Commonwealth Information Warehouse and the Massachusetts Budget Application.
• Knowledge of financial reporting and/or financial analysis principals.
• Knowledge of state budgeting process.
• Requires the ability to work effectively with wide range of people, organizations, and interests, often in conflicting situations and pressurized political environments.
• Personal and professional integrity, strong communication, analytical and decision-making skills.
• Ability to take the initiative and to solve complex administrative problems essential.
• Demonstrated ability to supervise large administrative staff.
• Demonstrated track record of organizing, implementing, and managing complex management systems.
• Eight to ten years of progressively complex and responsible experience in the area of government, management, policy and fiscal affairs.
• Extensive knowledge and experience in the following: public accounting and management techniques, quantitative analysis, computer theory and applications, budgeting and personnel management.
• Ability to exercise sound judgment in prioritizing competing demands and meeting deadlines.
• Ability of modernizing and reforming systems, making structural changes, professional training, common sense, personal integrity, and good judgment.