Chief Financial Officer (PCN 04X021)
Salary
Depends on Qualifications
Location
Juneau, AK
Job Type
Full Time
Job Number
55459
Department
Revenue
Division
Treasury
Opening Date
09/25/2026
Division
Treasury
Position Open To
All Applicants
Bargaining Unit
Exempt
Range
N/A
Job Description
Come Join the State of Alaska!
The Department of Revenue, Treasury Division is recruiting for a Chief Financial Officer, located in Juneau
The Treasury Division is the bank and trust department for the State of Alaska. It provides cash management, portfolio management, debt management and accounting services for the various retirement funds, the States General Fund, the Constitutional Budget Reserve Fund and numerous other funds and trusts. This position is assigned to the divisions asset accounting section.
SCOPE AND RESPONSIBILITIES:
The Chief Financial Officer directs the Asset Accounting section for the State of Alaska, designs and implements internal controls related to investment reporting requirements, completes complex analyses and projects for the State Treasury, and develops and distributes monthly and audited annual financial statements for the Alaska Retirement Management Board (ARMB) and the investments under the fiduciary responsibility of the Commissioner of the Department of Revenue.
DAILY OPERATIONS:
Provide accurate daily reconciled reporting on net asset values and gains and losses for rate of return calculations and reporting on numerous state and Retirement and Benefits plans.
- Direct and coordinate the daily reconciliation of the custodial bank, plan reporting, and State of Alaska accounting systems, and the generation of daily investment performance statistics
- Manage custodial bank accounts (funds), composites, and daily investment reporting
- Manage plan reporting pools, plans, plan ownership, and daily plan reporting
- Manage and oversee application-based reconciliation logic, procedures, and the implementation and staff training of variations or additions to daily, monthly, and annual investment reconciliations
- Oversee daily cash contribution and redemption investment activities
- Identify, assess, resolve, and reasonably prevent all irregularities and variances, and develop strategies to mitigate material errors or omissions from affecting plan, pool, and fund assets and revenues
- Correspond with various stakeholders to resolve daily issues
- Coordinate routine collaboration, and maintain positive and effective relationships, with custodial and plan reporting contractors to ensure constructive and timely error resolution
- Obtain and maintain extensive knowledge of fund, pool, and plan structures as well as transaction flows, security type characteristics, investment strategies, asset classes, state accounting system data elements and reporting applications, as well as database and technical applications
ACCOUNTING AND REPORTING:
Oversight and direction of all investment accounting and reporting activities.
- Manage the generation, external auditing, and distribution of annual financial statements for the invested assets of the Alaska Retirement Management Board and invested assets under the investment authority of the Commissioner or Revenue
- Direct the accurate and timely issuance of monthly interim financial statements
- Manage the publishing of select fund performance statistics
- Ensure the timely and accurate completion of statutorily required reporting
- Substantiate security prices using Readily Determinable Fair Values (RDFV)
- Manage the GASB 72 classification of over 7,000 individual securities
- Oversee the calculation and distribution of earnings to the General Fund and Other Non-Segregated Investment funds (GeFONSI)
- Certify daily, monthly, and annual investment activity entries in the state accounting system
- Compile ad-hoc reports and graphs for legislative, budgetary, or other stakeholder use
INTERNAL CONTROLS:
Responsible for creating and maintaining a strong internal control environment to safeguard and collateralize fiduciary assets.
- Review and report on semi-annual Service Organization Control (SOC 1) audits
- Perform routine risk assessments, develop risk mitigation strategies, and create treatment plans as necessary
- Oversee due diligence on systems, controls, contractual agreements, and accounting processes
- Research new/updates to applicable GASB reporting requirements
MANAGEMENT AND OPERATIONS:
Direct the Asset Accounting section and subordinate staff to ensure operational success.
- Supervise the Asset Accounting Manager and ensure staff compliance with state, departmental, and division policies
- Establish, maintain, monitor, and report performance metrics for Asset Accounting
- Provide and develop internal training and identify training opportunities for section staff
- Facilitate professional development of all subordinate staff and encourage internal career advancement
- Perform ongoing reviews, provide constructive criticism, and complete annual performance evaluations as needed
- Collaborate with other section heads to determine the strategic direction of the Treasury division
- Work with Treasury section heads to align priorities with strategic division objectives
- Create and maintain succession plans
Minimum Qualifications
REQUIRED
- Bachelor's degree in Accounting or Finance
- Eight (8) years of professional accounting experience
PREFERRED
Additional Required Information
EEO Statement
The State of Alaska complies with Title I of the Americans with Disabilities Act (ADA). Individuals with disabilities, who require accommodation, auxiliary aides or services, or alternative communication formats, please call 1-800-587-0430 or 465-4095 in Juneau or (907) 465-3412 (TTY) or correspond with the Division of Personnel & Labor Relations at: P. O. Box 110201, Juneau, AK 99811-0201. The State of Alaska is an equal opportunity employer.
Contact Information
HOW TO APPLY:
Submit a cover letter, resume, and professional references via email or mail.
EMAIL:
dor.trs.admin@alaska.gov
MAILING ADDRESS:
DOR Treasury Admin
Treasury Division
P.O. Box 110405
Juneau, AK 99811-0405
Careers with the State of Alaska offer MANY benefits
The following information describes typical benefits available to employees of the State of Alaska. Actual benefits received may differ by bargaining unit or branch of government, position type, or be prorated for other than full time work.
For a quick breakdown of the insurance, health, and retirement benefits available for State Employees you can view an orientation video from Division of Retirement and Benefits. (Please note this video is specifically designed for new State Employees.)
Insurance Benefits
- Health insurance, which includes employer contributions toward medical/vision/dental
- The following employee groups are under AlaskaCare Benefits administered by the State: See https://drb.alaska.gov/help/plans.html for additional information.
- AVTEC
- Confidential
- Correctional Officers
- Marine Engineers
- Mt. Edgecumbe Teachers
- Supervisory
- Unlicensed Vessel Personnel/Inland Boatmans Union
- Exempt employees (not covered by collective bargaining)
The following employee groups are covered by Union health trusts. Contact the appropriate Union for additional information.
- General Government
- Labor, Trades and Crafts
- Public Safety Employees Association
- Masters, Mates & Pilots
Employer paid Basic Life insurance with additional coverage available (amount depends on Bargaining Unit)
Optional Insurance Benefits
- Group-based insurance premiums for
- Term life (employee, spouse or qualified same sex partner, and dependents)
- Long-term and short-term disability
- Accidental Death and Dismemberment
- Long-term care (self and eligible family members)
- Supplemental Survivor Benefits
Employee-funded flexible spending accounts for tax savings on eligible health care or dependent care expenses
Retirement Benefits
- Membership in the Public Employees Retirement System (PERS)/Teachers Retirement System (TRS)
- Matching employer contribution into a defined contribution program (new employees)
- Employer contribution into a defined benefit or defined contribution program (current employees)
- Contributions to the Alaska Supplemental Annuity Plan in lieu of contributions to Social Security
- Option to enroll in the Alaska Deferred Compensation Program
- Note: The Defined Contribution Plan, Supplemental Annuity Plan and Deferred Compensation Program offer a variety of investment options
See https://drb.alaska.gov/retiree/ for additional information
Paid Leave & Other Benefits
- Personal leave with an accrual rate increase based on time served
- Twelve (12) paid holidays a year
Employer State of Alaska
Address PO Box 110201
Juneau, Alaska, 99811
Phone (800) 587-0430 (Statewide toll-free number)
(907) 465-4095 (Juneau and out-of-state callers)
Website http://workplace.alaska.gov/