Public Sector Consultants

MI Saves Chief Financial Officer and VP of Administration

Lansing, MI - Full Time

POSITION OVERVIEW
The chief financial officer and vice president of administration (CFO & VPA) at Michigan Saves oversees the organization’s financial and business operations and ensures alignment with its mission and goals. As a member of the Michigan Saves executive team, the CFO & VPA provides strategic and tactical leadership in all areas of finance & accounting by conducting financial projections, budgeting, analyzing finance data, and providing systems and process management. Additionally, the CFO & VPA will oversee the organization's outsourced administrative operations by managing key human resources, IT, legal services, and compliance functions.  

MI Saves contracts with Public Sector Consultants (PSC) to provide staffing and management services.  The CFO & VPA will be an employee of PSC.  


ESSENTIAL DUTIES
Financial Strategy and Management:
  • Serves on the Michigan Saves executive team, demonstrating a long-term commitment to the organization’s ways of being and mission by engaging in decision-making that considers implications for all staff and the organization and communicating leadership decisions accurately and with an appropriate level of care and confidentiality
  • Defines and recommends to the chief executive officer and board, in consultation with the executive team, an acceptable level of financial risk for Michigan Saves’ investment portfolio and risk management strategies, including internal reserves for loan defaults
  • Leads the finance and accounting functions by developing the annual budget, reviewing financial statements, analyzing financial information (e.g. revenue, expenditures, and cash management) to ensure all operations are within budget, producing custom financial reports and projections for the executive team and board, overseeing payroll, investments, and cash management, and advising on the organization’s financial health
  • Develops and implements a comprehensive business strategy that supports the organization's mission and growth objectives 
  • Provides critical financial information to the chief investment officer to support and inform lending and loan portfolio management decisions and risk management strategies such as internal reserves for projected loan defaults
  • Supports the investments team in the implementation and maintenance of loan policies and procedures related to loan disbursement, servicing, and collection activities, including any loan defaults and write-offs
  • Serves as liaison with the board and finance committee for purposes of monitoring investment performance and recommending actions pursuant to Michigan Saves investments strategy
  • Executes accurate and timely year-end financial close processes
  • Administers Michigan Saves’ defined contribution retirement plan
Compliance and Risk Management
  • Ensures compliance with federal, state, and local laws by monitoring and enforcing adherence to legal requirements, filing reports, and advising management on needed actions
  • Manages the director of compliance to ensure that organizational policies, procedures, and processes are created, implemented, and continuously improved and are consistent with all relevant legal, regulatory, and organizational requirements and standards
  • Develops and executes internal management controls and manages financial reporting accuracy, certifying the reliability and accuracy of all financial statements and reports while identifying risks and mitigation strategies
  • Coordinates and oversees the year-end audit with external auditors, finance team members, and the organizational leadership team
  • Defines, documents, and implements the firm’s finance policies and procedures to enhance workflow and efficiency while maintaining a high level of accuracy, transparency, and accountability
Administrative Management
  • Oversees and manages relationships with vendors, providing critical business operations functions, including accounting, IT, audit, tax, and legal services
  • Works with the contracted professional employer organization to manage the human resources functions of the organization
  • Conducts regular evaluations and vendor performance reviews to ensure continued quality and compliance
  • Manages the organization’s insurance portfolio, including general liability, directors and officers, cyber, and other specialized policies, ensuring adequate coverage and cost efficiency
  • Oversees and manages the procurement and contracts process, including sourcing, negotiating, and purchasing goods and services needed for the organization; ensures cost-effectiveness, quality, and timely delivery while adhering to budgetary constraints
LEADERSHIP EXPECTATIONS
  • This is a supervisory position, and supervisory experience is required
  • This position supervises one staff member and manages one dotted-line reporting relationship: director of compliance
  • Executive Administrative Manager (dotted line supervisory relationship to the CFO & VPA)

QUALIFICATIONS
  • Bachelor’s degree in business administration, finance, public policy, or a related field or equivalent experience; master’s degree and professional certification (CPA or CFA) preferred
  • Minimum of 10 years of experience in organizational management within a nonprofit, government, or finance sector  
  • Strong leadership skills with experience managing diverse teams and fostering an inclusive work environment 
  • Excellent communication and interpersonal skills, with the ability to engage and influence a wide range of stakeholders 
  • Passion for environmental sustainability and commitment to social equity 

WORK ENVIRONMENT
Michigan Saves employees work in a hybrid environment. Work is primarily performed indoors, with extended periods at a computer or on the telephone. The work involves multitasking, completing repetitive tasks, and having contact with the public and clients.

COMPENSATION
  • Salary range of $156,400 to $201,600 commensurate with education and experience
  • Competitive medical, dental, life, disability, and voluntary vision
  • Company 401(k) contribution
  • Paid time off granted upon state date
  • Nine paid holidays per year
  • Paid parking



 
Apply: MI Saves Chief Financial Officer and VP of Administration
* Required fields
First name*
Last name*
Email address*
Location
Phone number*
Resume*

Attach resume as .pdf, .doc, .docx, .odt, .txt, or .rtf (limit 5MB) or paste resume

Paste your resume here or attach resume file

Cover Letter
Are you legally authorized to work in the United States?*
Will you now or in the future require sponsorship to work in the United States?*
The following questions are entirely optional.
To comply with government Equal Employment Opportunity and/or Affirmative Action reporting regulations, we are requesting (but NOT requiring) that you enter this personal data. This information will not be used in connection with any employment decisions, and will be used solely as permitted by state and federal law. Your voluntary cooperation would be appreciated. Learn more.
Gender
Race/Ethnicity

Invitation for Job Applicants to Self-Identify as a U.S. Veteran
  • A “disabled veteran” is one of the following:
    • a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or
    • a person who was discharged or released from active duty because of a service-connected disability.
  • A “recently separated veteran” means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.
  • An “active duty wartime or campaign badge veteran” means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.
  • An “Armed forces service medal veteran” means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.
Veteran status
I IDENTIFY AS ONE OR MORE OF THE CLASSIFICATIONS OF PROTECTED VETERAN LISTED ABOVE
I AM NOT A PROTECTED VETERAN
I DON’T WISH TO ANSWER

Voluntary Self-Identification of Disability
Voluntary Self-Identification of Disability Form CC-305
OMB Control Number 1250-0005
Expires 04/30/2026
Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Please check one of the boxes below:
YES, I HAVE A DISABILITY, OR HAVE HAD ONE IN THE PAST
NO, I DO NOT HAVE A DISABILITY AND HAVE NOT HAD ONE IN THE PAST
I DO NOT WANT TO ANSWER

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.

Name Date
Human Check*