Address
Form of workTribal Government Chief Financial Officer CFO
Finance
Summary:
Under general direction of the Executive Council, the overall objective is to serve as a senior leader on the Executive Team and provide visionary financial leadership as well as general business partnerships with internal and external stakeholders. The CFO exercises general administrative direction and control over the Tribal Government accounting functions to maintain and improve the Tribe’s financial soundness; control cash flow and expenditures; and provide accurate accounting information and financial control data in accordance with internal controls, and all applicable tribal, state, and federal gaming regulations. Monitor and manage the continued development and efficiency of investment accounts for compliance with the Investment Policy Statement (IPS) guidelines. Assures compliance with Minors’ Trust Distribution Ordinance and Revenue Allocation Plan. This role will have multiple external partnerships and collaboration with all Tribal entities i.e. Gaming, Gaming Commission, Business Development Corporation, etc. The CFO is expected to maintain strict confidentiality of privileged information and to perform all duties and responsibilities necessary to meet the goals and objectives of the Forest County Potawatomi Community.
This list of duties and responsibilities is illustrative only of the tasks performed by this position and is not all-inclusive.
Under general direction of the Executive Council, the overall objective is to serve as a senior leader on the Executive Team and provide visionary financial leadership as well as general business partnerships with internal and external stakeholders. The CFO exercises general administrative direction and control over the Tribal Government accounting functions to maintain and improve the Tribe’s financial soundness; control cash flow and expenditures; and provide accurate accounting information and financial control data in accordance with internal controls, and all applicable tribal, state, and federal gaming regulations. Monitor and manage the continued development and efficiency of investment accounts for compliance with the Investment Policy Statement (IPS) guidelines. Assures compliance with Minors’ Trust Distribution Ordinance and Revenue Allocation Plan. This role will have multiple external partnerships and collaboration with all Tribal entities i.e. Gaming, Gaming Commission, Business Development Corporation, etc. The CFO is expected to maintain strict confidentiality of privileged information and to perform all duties and responsibilities necessary to meet the goals and objectives of the Forest County Potawatomi Community.
This list of duties and responsibilities is illustrative only of the tasks performed by this position and is not all-inclusive.
Duties and Responsibilities:
- Function as a trusted business partner with the Executive Council, Department Administrators and other business leaders serving the Forest County Potawatomi Community.
- Oversees financial and accounting system controls and standards and ensures timely financial and statistical reports; advises the Executive Council and if necessary Tribal Administrator with respect to financial reporting, planning, practices, financial stability and liquidity and financial growth.
- Develops financial and tax strategies as well as performance measures that are consistent with strategic goals and objectives.
- Maintains relationships with community, financial institutions, and the investment community.
- Establishes major financial objectives and policies; directs the preparation of reports that detail financial position in the areas of income, expenses, and earnings based on past, present, and future operations.
- Develops and monitors capital budgets. Oversees debt service, owner-direct purchasing, and draw requests.
- Manages short-term and money market investments. Oversees the purchasing of money market or short-term investment through authorized money desk services; purchase or sell money market or short-term investments to satisfy IPS guidelines for custody accounts.
- Responsible for overall Risk Management including applicable property and liability insurance.
- Directs the implementation of strategic business and/or operational plans, projects, programs, and systems; ensures effective internal controls, optimum efficiencies, improvement of processes, and compliance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards (GAS).
- Monitors the Minors’ Trust for compliance with the distribution ordinance and IPS guidelines.
- Prepares and reviews proformas and budgets of new and existing operations; recommends annual budget for Council approval; achieves the financial objectives of the organization by exercising control and implementation over the budgetary processes of all facilities and capital budgets.
- Reviews activity reports and financial statements to determine progress and status in attaining objectives; revises objectives and plans in accordance with current conditions.
- Oversees external audits; responds and corrects any deficiencies.
- Oversees and/or coordinates collection, completion, and analysis of program activity data; develops, writes, and presents comprehensive statistical and narrative program reports.
- Is a member of the Tribe’s Investment Committee.
- Is Chairman of the CFO Work Group (comprised of all Tribal entities CFO’s)
- Oversees the Controller and Finance/Budget Manager and improves senior management's effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining senior managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing a climate for offering information and opinions; integrating functional objectives; providing and participating in educational opportunities.
- Contributes to the organization’s effectiveness by offering information and opinion as a member of the executive management team; integrating objectives with other functions; accomplishing related results as needed.
- Hosts regular staff meetings to ensure accurate and effective communication.
- Contributes to a team effort and accomplishes related results as required.
- Continued development of finance and accounting team members in accordance with the Forest County Potawatomi Community Tribal Preference Policy.
- Ensure that qualified Forest County Potawatomi Community Members be placed in training positions to manage all tribal departments and enterprises and to facilitate self-reliance and self-governance.
- Maintains professional and technical knowledge and stays current on new technologies and principles by conducting research; attending seminars, educational workshops, classes and conferences; reviewing professional publications; establishing networks; participating in professional societies; and conferring with representatives of contracting agencies and related organizations.
- Performs other duties as required.
Requirements:
- Bachelor’s Degree in Accounting, Finance or Business Administration required.
- Master’s degree in Business, Finance or other relevant subject required.
- Certified Public Accountant (CPA) required.
- Ten (10) years of verifiable employment as senior/executive level finance professional required. Duties include monitoring and coordinating the activities of subordinates, including general supervision, performance evaluations, disciplinary procedures, leave approvals, timesheets, etc. required.
- Experience with Tribal Government preferred.
- Experience in creating, organizing, and leading finance and accounting functions to include:
- Experience in finance, accounting, budgeting, and cost control principles.
- Experience in computerized financial and accounting reporting systems.
- Experience in Security and Exchange Commission financial regulations and related filings and reports.
- Ability to analyze financial data and prepare financial reports, statements, and projections.
- Ability to identify and secure funding/revenue sources.
- Experience in strategic planning and execution.
- Proven knowledge of contracting, negotiating, and change management.
- Proven knowledge of Generally Accepted Accounting Principles and practices required, with a preference for governmental experience.
- Experience in organizational compliance of federal, state and tribal rules and regulations applicable to grants, contracts, programs, and other funding sources preferred.
- Ensure internal controls and other financial policies and procedures are compliant with the Uniform Grant Guidance and single audit requirements.
- Prepare and annually submit the Schedule of Expenditures of Federal Awards (SEFA), Data Collection Form and other required forms in compliance with single audit regulations.
- Schedule and facilitate the annual single audit process, including responding to auditor questions and recommendations.
- Three (3) years of investment experience required.
- Strong leadership skills with a high level of integrity and trust.
- Strong written and verbal communication skills.
- Experience in working with cross functional teams.
- Ability to travel and work irregular hours.
- Ability to perform all duties and responsibilities of this position adequately and successfully.
- Must have a valid driver’s license.
- Must successfully pass pre-employment drug/alcohol screen, and background investigation.
Physical Demands:
Carry 50#: Occasional
Carry 25#: Occasional
Pull: Occasional
Push: Occasional
See: Constant
Hear: Constant
Walk: Frequent
Stand: Frequent
Sit: Frequent
Crawl: Occasional
Heights: Occasional
Enclosed Space: Not Applicable
Twist: Frequent
Bend: Occasional
Climb: Not Applicable
Drive: Occasional
Heavy Equipment: Not Applicable
Carry 50#: Occasional
Carry 25#: Occasional
Pull: Occasional
Push: Occasional
See: Constant
Hear: Constant
Walk: Frequent
Stand: Frequent
Sit: Frequent
Crawl: Occasional
Heights: Occasional
Enclosed Space: Not Applicable
Twist: Frequent
Bend: Occasional
Climb: Not Applicable
Drive: Occasional
Heavy Equipment: Not Applicable
