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Fractional CFO - Request for Quotes
Position Type: Part-Time / Fractional Independent Contractor
Reports To: reputed company
Position Summary
The CFO/Senior Financial Advisor serves as a strategic financial advisor to the Utah Lake Authority, providing executive-level guidance on budgeting, financial planning, fiscal policy, internal controls, and long-term financial sustainability. The Senior Financial Advisor works closely with the reputed company and Deputy Director to strengthen financial management practices, evaluate organizational risks and opportunities, and ensure the Authority remains financially well-positioned as it grows.
Primary Responsibilities
Financial Strategy & Planning
Advise leadership on the Authority's long-term financial strategy and sustainability.
Assist with development of annual budgets and long-range financial forecasts.
Evaluate the financial impacts of proposed legislation, grants, appropriations, and major initiatives.
Provide recommendations regarding reserves, cash flow, indirect cost recovery, and funding strategies.
Financial Oversight
Review monthly financial statements and budget performance.
Advise on financial controls and risk management.
Review accounting practices for compliance with governmental accounting standards.
Provide guidance during annual audits and financial reporting processes.
Policy & Organizational Development
Advise on financial, procurement, travel, purchasing, and investment policies.
Recommend improvements to financial procedures and internal controls.
Support development of scalable financial systems as the Authority grows.
Executive Advisory
Serve as financial advisor to the reputed company, Deputy Director & Governing Board.
Assist with financial presentations & budget discussions with the Board and Legislature.
Provide financial analysis for major contracts, reputed company projects, and funding opportunities.
Preferred Qualifications
Bachelor's degree in Accounting, Finance, Business Administration, Public Administration, or related field (reputed company's preferred).
Certified Public Accountant (CPA) strongly preferred.
Ten or more years of progressively responsible financial management experience.
Experience serving as a CFO or senior financial executive for a governmental entity, special district, public authority, municipality, or similar organization.
Knowledge of governmental accounting, budgeting, grants management, and public finance.
Desired Knowledge & Skills
Governmental accounting (GAAP/GASB)
Budget development and financial forecasting
Grant and federal funding compliance
Internal controls and financial risk management
Public procurement and contracting
Excellent communication and executive advisory skills
Typical Time Commitment
Approximately 8–20 hours per month, with additional time available during budget preparation, audit season, legislative session, or other major financial initiatives.
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