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Chief Financial Officer

Company: NJ Department of Banking and Insurance
Location: Trenton
Posted on: May 16, 2022

Job Description:

Under the supervision of the Assistant Commissioner of Administration, the Division Director will serve as the Chief Financial Officer for the Department of Banking and Insurance. As the Chief Financial Officer, responsibilities will be to carry out the Department's Administration programs, including but not limited to Fiscal, Budget and Procurement. Examples of work will include but are not limited to: Managing the Department's Fiscal, Budget, Collections and Procurement operations and the personnel responsible for handling such work, in a manner which is effective, efficient, ensures staff and workflow accountability, and supports the mission of the Department of Banking and Insurance; managing Fiscal staff and resources; ensuring that the Department of Banking and Insurance is in compliance with State and Federal rules, regulations, policies and procedures; ensuring that all budget and financial reporting submissions (such as planning documents, revenue and spending projections, budget language requests, performance data, etc.) are completed accurately and submitted within the timeframes required by the Department of Treasury/Office of Management and Budget; providing guidance to the unit heads of the Department in accordance with State and Federal rules, regulations, policies and procedures; overseeing the development and monitoring of the Department's Budget, Grant, Procurement,
Fiscal and Collections operations; overseeing and ensuring proper and timely handling of the Department's Annual Assessments; managing staff and resources engaged in company selection for entities examined by the Department; overseeing and/or preparing responses to questions regarding budget testimony and testifying at budget hearings, as necessary.

Please be advised, candidates who are current State employees, who are permanent in their current titles, the Department of Banking and Insurance will seek approval to allow the selected candidate to retain their permanent status.


EDUCATION: Graduation from an accredited college or university with a Bachelor's degree.

EXPERIENCE: Seven (7) years of experience as an administrator involving planning, budgets and administration of programs in a large public or private agency, four (4) years of which shall have been in a supervisory capacity.

LICENSE: Appointees will be required to possess a driver's license valid in New Jersey only if the operation of a vehicle, rather than employee mobility, is necessary to perform the essential duties of the position.

RESIDENCY REQUIREMENTS: In accordance with the New Jersey First Act, N.J.S.A. 52:14-7 (L. 2011, Chapter 70) , effective September 1, 2011, newly hired State government employees must reside in the State of New Jersey, unless exempted under the law. If you do not reside in New Jersey, you have one year after you begin employment to relocate your residence to New Jersey. Employees who fail to meet the residency requirements are subject to removal from employment.
Interested applicants should submit a letter of interest, transcripts, resume and three (3) professional references of your current or former supervisors or managers - please only provide references for those to whom you have reported in the workplace and those who have supervised or managed your work. Please provide your references' names, job titles and current contact information, including email addresses. All documents should be submitted in PDF format by the Closing Date of May 8, 2022 to: Please include posting # BIA-2022-049 in the subject line of the email.

NOTE: Foreign transcripts must be evaluated by a recognized evaluation service at your expense. Submit a copy of the evaluation with each application that requires a college degree or credits. For additional information, please refer to the Civil Service Commission website at:

Keywords: NJ Department of Banking and Insurance, Trenton , Chief Financial Officer, Executive , Trenton, New Jersey

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