Maryland Department of Transportation
Chief Financial Officer (DOT Executive VIII)
Maryland Department of Transportation, Baltimore, Maryland, United States
Chief Financial Officer (CFO)
The Chief Financial Officer (CFO) is responsible for ensuring the organization’s overall financial health and stability that allows for the delivery of major transportation infrastructure that are key to Maryland’s economy and its residents’ and visitors’ quality of life. This C‑Suite position is the authority on financial matters and internal controls. This position mitigates risks and collaborates with MDTA Board Members, the Executive Director and other Chief Officers on the agency’s strategic goals, priorities, and mission. The CFO is a key executive who supports the MDTA’s tolling program and preservation of revenue.
Responsibilities
Preparing Annual Comprehensive Financial Reports, financial forecasts and scenario analyses affecting toll revenue, capital and operating budgets, debt affordability, and toll rate proposals;
Directing, managing and/or monitoring the inflow and outflow of funds, including its $1 billion investment portfolio; $2 billion debt portfolio, annual $440 million operating budget, and annual $800 million toll revenue attainment;
Providing accountability for the Board Finance and Administration Committee agendas, materials, and presentations to the MDTA Board members, and all budgetary and financial‑related materials presented to various legislative committees and fiscal notes for all proposed legislation affecting the MDTA;
Procuring services, information technology, architectural and engineering, construction, commodities, and maintenance contracts valued at $300 million annually;
Ensuring compliance with all financial and procurement statutes, regulations, control directives, best practices, and trust agreements with bondholders and the travel plaza public‑private partnership (P3);
Collaborating with the Division of Operations on tolling activity and toll revenue assurance;
Coordinating the receipt of federal funds and development of future P3s;
Securing third‑party insurance and recovery of damage caused by drivers; and
Safeguarding materials and supplies inventory and fixed assets.
This position reports directly to the MDTA Executive Director. The current vacancy is located in Baltimore, MD. Hybrid telework schedules may be available for this position.
Qualifications
Bachelor’s degree from an accredited college or university in Finance, Accounting, Business Administration, Economics, Public Administration, or a related field.
Ten years of progressively responsible experience in financial management, accounting, budgeting, treasury, debt management, procurement, or related fields.
Five years of executive or senior management experience overseeing multiple financial functions, such as budgeting, revenue management, procurement, and financial forecasting.
Preferred Qualifications
Certified Public Accountant (CPA)
Master of Business Administration (MBA)
Experience in bond issuance, refunding, debt management, and credit rating agencies, including compliance with trust agreements and reporting requirements
Experience evaluating and implementing revenue adjustments, forecasting revenue impacts, and working with stakeholders on policy decisions
Strong understanding and experience ensuring a sound internal control environment
Two years of experience working in the Federal Government
Benefits
Generous benefits package including a minimum of 11 paid holidays, a minimum of 27 days of leave annually (personal, vacation, and sick), access to the State Pension System, deferred compensation plans, excellent health, dental, and vision plans, and more.
Application Process Please apply online at
https://www.governmentjobs.com/careers/mdotmd .
RESUMES CANNOT BE SUBSTITUTED FOR THE ONLINE EMPLOYMENT APPLICATION.
Paper applications (Form DTS‑1) will not be accepted for this recruitment.
EEO Statement WE ARE AN EQUAL‑OPPORTUNITY EMPLOYER. MDTA does not discriminate based on age, ancestry, color, creed, gender identity or expression, genetic information, marital status, mental or physical disability, national origin, race, religious affiliation, belief or opinion, sex, or sexual orientation.
Accommodations Reasonable Accommodations for persons with disabilities will be provided upon request. Appropriate auxiliary aids and services for qualified individuals with disabilities will be provided upon request. Please notify in advance.
Issue Date 05/19/2025
Re‑Issued 10/21/2025
#J-18808-Ljbffr
Responsibilities
Preparing Annual Comprehensive Financial Reports, financial forecasts and scenario analyses affecting toll revenue, capital and operating budgets, debt affordability, and toll rate proposals;
Directing, managing and/or monitoring the inflow and outflow of funds, including its $1 billion investment portfolio; $2 billion debt portfolio, annual $440 million operating budget, and annual $800 million toll revenue attainment;
Providing accountability for the Board Finance and Administration Committee agendas, materials, and presentations to the MDTA Board members, and all budgetary and financial‑related materials presented to various legislative committees and fiscal notes for all proposed legislation affecting the MDTA;
Procuring services, information technology, architectural and engineering, construction, commodities, and maintenance contracts valued at $300 million annually;
Ensuring compliance with all financial and procurement statutes, regulations, control directives, best practices, and trust agreements with bondholders and the travel plaza public‑private partnership (P3);
Collaborating with the Division of Operations on tolling activity and toll revenue assurance;
Coordinating the receipt of federal funds and development of future P3s;
Securing third‑party insurance and recovery of damage caused by drivers; and
Safeguarding materials and supplies inventory and fixed assets.
This position reports directly to the MDTA Executive Director. The current vacancy is located in Baltimore, MD. Hybrid telework schedules may be available for this position.
Qualifications
Bachelor’s degree from an accredited college or university in Finance, Accounting, Business Administration, Economics, Public Administration, or a related field.
Ten years of progressively responsible experience in financial management, accounting, budgeting, treasury, debt management, procurement, or related fields.
Five years of executive or senior management experience overseeing multiple financial functions, such as budgeting, revenue management, procurement, and financial forecasting.
Preferred Qualifications
Certified Public Accountant (CPA)
Master of Business Administration (MBA)
Experience in bond issuance, refunding, debt management, and credit rating agencies, including compliance with trust agreements and reporting requirements
Experience evaluating and implementing revenue adjustments, forecasting revenue impacts, and working with stakeholders on policy decisions
Strong understanding and experience ensuring a sound internal control environment
Two years of experience working in the Federal Government
Benefits
Generous benefits package including a minimum of 11 paid holidays, a minimum of 27 days of leave annually (personal, vacation, and sick), access to the State Pension System, deferred compensation plans, excellent health, dental, and vision plans, and more.
Application Process Please apply online at
https://www.governmentjobs.com/careers/mdotmd .
RESUMES CANNOT BE SUBSTITUTED FOR THE ONLINE EMPLOYMENT APPLICATION.
Paper applications (Form DTS‑1) will not be accepted for this recruitment.
EEO Statement WE ARE AN EQUAL‑OPPORTUNITY EMPLOYER. MDTA does not discriminate based on age, ancestry, color, creed, gender identity or expression, genetic information, marital status, mental or physical disability, national origin, race, religious affiliation, belief or opinion, sex, or sexual orientation.
Accommodations Reasonable Accommodations for persons with disabilities will be provided upon request. Appropriate auxiliary aids and services for qualified individuals with disabilities will be provided upon request. Please notify in advance.
Issue Date 05/19/2025
Re‑Issued 10/21/2025
#J-18808-Ljbffr