Chief Financial Officer

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.

The Office of Consumer Affairs and Business Regulation is committed to creating and sustaining a work culture that is welcoming, inclusive, and mutually respectful to all its employees regardless of race, color, age, creed, religion, national origin, ethnicity, sex, gender identity or expression, sexual orientation, genetic information, veteran or disability status. We strive to reflect diversity in all facets and levels of our agency. The Office or Consumer Affairs and Business Regulation values inclusiveness and diversity within their employee and management teams. Within our community we strive to create and maintain working and learning environments that are inclusive, equitable, and welcoming.

The Office of Consumer Affairs and Business Regulation is committed to ensuring a diverse and inclusive workplace where all employees feel respected, valued, and empowered to maximize their skills and talents to serve our citizens.

About the Role:

The Chief Financial Officer (CFO) is a senior level position within OCABR and works with OCABR senior staff and department leaders to develop annual budget requests and initiatives. The CFO is responsible for the overall financial management and oversight of all department resources totaling $84 million budget, $300 million revenue, and more than 600 employees. The CFO oversees a centralized administrative services unit which is responsible for managing all budget and accounting activities for each OCABR agency, ensuring compliance with all laws, rules and regulations and supporting the mission of each agency through the efficient delivery of administrative services within the state operational framework.

These duties/responsibilities include: budgeting, accounting/finance, internal controls, grants management (federal and state), and central administrative services.  The CFO serves as the primary adviser to the Undersecretary and Department heads in all areas relating to budget and finance policies including budget related to personnel.    

Duties and Responsibilities: (these duties are a general summary and not all inclusive):

• 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