Job Description

The Department of Commerce is hiring a Finance Director to provide strategic leadership for our fiscal operations. If you have a degree in Accounting or Finance, or experience in governmental or managerial accounting, and excellent written and verbal communication and presentation skills, apply now!
**This position is not eligible for telework.
PRINCIPAL DUTIES
As the Finance Director for Commerce, you will:

• Review fiscal operations to ensure integrity, accuracy, and control of data.
• Prepare and defend budget recommendations, requests, reports, proposals, and/or projections.
• Provide leadership for continuous improvement in financial services for the Department.
• Oversee all financial activities of the department, including creating budgets and rates, monitoring and improving internal controls, etc.
• Manage, oversee, and provide support for the budgets, accounting, and rate processes of Commerce, either directly or indirectly by working with existing Division Directors.
• Provide accurate financial reporting and promote transparency to illustrate the financial health of the Department.
• Lead the Department's annual fiscal year close-out to ensure revenues and expenditures are recorded in the proper period to present the financial position of the Department.
• Estimate the financial impact of bills introduced during the general and special Legislative Sessions.
• Act as the primary point of contact for department financial matters, including Department of Commerce Senior Leadership, the Governor's Office, the Legislative Fiscal Analyst, etc.
• Respond to inquiries and requests made by legislators, committees, subcommittees, legislative staff, and/or agencies.
• Work with Federal and State Auditors to ensure sound accounting practices and compliance with Federal and state laws.
• Analyze, summarize, and/or review data; report findings, interpret results, and/or make recommendations.

IDEAL CANDIDATE
The best qualified candidate will have:

• Excellent written and verbal communication and presentation skills.
• Critical and rational thinking.
• Analysis-based decision-making skills.

MINIMUM QUALIFICATIONS

• A Bachelor's degree in Accounting, Finance, Business Administration, or a closely related field, OR at least 5 years of experience in substantial, progressively responsible professional experience in financial management, governmental accounting, auditing, or budget preparation/administration.
• Demonstrated knowledge of Generally Accepted Accounting Principles (GAAP), especially as they apply to government or public sector entities.
• Proven ability to oversee and manage comprehensive financial activities, including budgeting, financial reporting, internal controls, and year-end close-out processes.
• Experience working with Federal and State Auditors and ensuring compliance with relevant federal and state laws regarding financial and accounting practices.
• Strong capability in preparing, defending, and presenting complex financial data, reports, and projections to senior leadership and external stakeholders.
• Experience in a leadership or supervisory role within a finance or accounting department, demonstrating the ability to guide continuous improvement and manage a team or direct internal partners.
• Exceptional written and verbal communication and presentation skills, capable of translating complex financial information for diverse audiences.

PREFERRED QUALIFICATIONS

• An MBA or Master's degree in a relevant field, or a professional certification such as a Certified Public Accountant (CPA) or Certified Government Financial Manager (CGFM).
• Significant (7+ years) experience working with federal, state, or local government finance, including familiarity with legislative budget processes and rate-making.
• Demonstrated experience acting as a primary financial liaison with high-level external entities such as the Governor's office or other elected officials' offices, legislative fiscal analysts, or legislative committees.
• Expertise in estimating the financial impact of proposed legislation (bills) and responding to legislative inquiries, which requires critical, rational, and analysis-based decision-making skills.
• Proven track record of leading initiatives for continuous improvement in financial services and enhancing transparency.

WHY YOU SHOULD JOIN OUR TEAM
You will work closely with the Department senior leadership team, which includes Executive Leadership and 10 Divisions and Offices. You will play an essential role in ensuring the Department's financial health and ongoing functionality. From developing financial strategies and managing cash flow to mitigating risk and financial forecasting, you will be key to helping us achieve our mission to strengthen Utah's commercial activities and work toward sustained economic success and growth for our State.
This position is eligible for a rich benefits package, generous paid time off, and a great work-life balance. You can learn more about the offered benefits .
AGENCY
The Department of Commerce is the licensing and registration agency for Utah's professional and business community. Its mission is to strengthen trust in Utah's commercial activities through education, licensing, enforcement, and regulation. We provide oversight of business registrations, trademarks, Uniform Commercial Code filings, professional and occupational licensing, consumer protection, public utilities, securities, real estate, and residential mortgage lending. Please for more information about our agency.
BENEFITS

• Health Insurance - Public Employee Health Program (PEHP):

• 3 medical plan options. Choose a Traditional or High Deductible Health Plan. There is an Opt-Out Cash Benefit option for those who have other medical insurance coverage.
• 5 dental plan options, with an Opt-Out Cash Benefit option for those who have other dental insurance coverage.
• 4 vision plan options under EyeMed or OptiCare
• Retirement - Utah Retirement Systems (URS):

• Employees who have any service credit with an employer covered by the Utah Retirement Systems prior to 7/1/2011 are in the Tier I Public Employees System.
• Employees hired on or after 7/1/2011 and who have never been in the URS retirement system have two options for retirement in the Tier II System.

• Tier 2 Hybrid Retirement System. Employer contributes an amount equal to 10% of your salary between both plans (pension and 401(k))
• Tier 2 Defined Contribution Plan. Employer contributes an amount equal to 10% of your salary to a 401(k) plan only.
• Employer contributions to your 401(k) are vested after four years.
• Paid Time Off:

• Normally, for new hires, annual leave and sick leave are accrued at 4 hours per pay period each (4 hours annual, 4 hours sick). But since this position is a Director reporting to the Deputy Director, new hires will receive the maximum accrual of 7 hours for annual leave.
• We have 12 paid holidays.

Supplemental Information

• Job Classification: Finance Director (#14320).
• Effective July 1, 2021, in-state work rules require all work to be performed while physically within the state's borders.
• Risks found in the typical office setting, which is adequately lighted, heated, and ventilated, e.g., safe use of office equipment, avoiding trips and falls, observing fire regulations, etc.
• Typically, the employee may sit comfortably to perform the work; however, there may be some walking, standing, bending, carrying light items, driving an automobile, etc. Special physical demands are not required to perform the work.

Benefits:
The State of Utah offers eligible employees a variety of benefits including medical, dental, life and disability insurance, as well as a comprehensive leave program. Please click the following link for a detailed information page: . To access a Total Compensation Calculator in Excel format click .
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Skills Required