Federal Position Descriptions
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Chief Financial Officer

Chief Financial Officer, Department of Housing and Urban Development
Responsibility
Management Scope

In fiscal 2015, HUD had $35,527 million in outlays and 8,059 total employment. HUD has regional and field offices located throughout the nation.

Primary Responsibilities

• Develops and maintains integrated accounting and financial management systems
• Oversees the recruitment, selection and training of personnel to carry out agency financial management functions, and manages, trains and provides policy guidance and oversight of these personnel and their activities
• Coordinates financial management of all HUD bureaus and agencies, including activities of component CFOs
• Implements agency asset management systems, including systems for cash management, credit management, debt collection, and property and inventory management and control
• Manages the financial execution of the agency budget and actual expenditures
• Provides financial and performance reports to staff, overseers and stakeholders
• Ties the budget and performance to outcomes
• Takes a lead role in enterprise risk-management
• Develops budgets that support agency mission
• Develops a strong internal control program and addresses material weaknesses in the department
• Produces audited consolidated financial statements
• Develops uniform financial-management policies and procedures
• Processes accounting transactions and payments

Strategic Goals and Priorities
[Depends on the policy priorities of the administration.]
Requirements

• Understanding of Congressional budget process
• Understanding of auditing procedures and reporting
• Experience developing and maintaining integrated accounting and financial management systems
• Demonstrated ability to recruit, select and train personnel to carry out agency financial management functions, and ability to manage, train and provide policy guidance and oversight of those personnel
• Understanding of asset-management systems, including systems for cash management, credit management, debt collection, and property and inventory management and control
• Experience applying rigorous finance and analytical techniques to promote transparency, quantify fiscal implications of policies and assess program effectiveness.
• Operational experience involving the financial execution of annual budgets
• Ability to develop informative financial and performance reports to staff, overseers and stakeholders
• Experience and willingness to take a lead role in enterprise risk-management
• Knowledge of federal budget formulation, including Office of Management and Budget (OMB) and Congressional Budget Office processes, as well as the federal rulemaking process.
• Possession of the highest moral and ethical character, competence, trustworthiness, focus, good judgment and energy
• Knowledgeable regarding government accounting principles and reporting, including Governmental Accounting Standards Board

Competencies

• Ability to collaborate with the chief information officers, under/assistant secretaries for administration/management, as well as other CFOs and OMB via the CFO Council
• Knowledge of, and relationships with, Congress or ability to develop them

Past Appointments
  • The position is currently vacant. Brad Huther was appointed CFO in 2014, but passed away in 2015. He served as senior advisor in the Patent and Trademark Office; Senior Director at the Chamber of Commerce; president and CEO of the International Intellectual Property Institute; consultant and later a special attaché for the World Intellectual Property Organization; Deputy Director and Chief Operating Officer of the Census Bureau
  • Douglas A. Criscitello (2010 to 2011) – Director at PricewaterhouseCoopers where he assisted in the establishment of a public sector financial services practice; Founding Director of New York City Independent Budget Office, where he coordinated analyses of wide range of government programs and activities; Executive Director at JPMorgan Securities, Inc. where he provided operational, investment banking, and financial advisory services to U.S. government agencies; worked extensively with U.S. credit agencies in roles at the Small Business Administration, Office of Management and Budget, and Congressional Budget Office
  • John W. Cox (2006 to 2009) – CFO of BMC Software, Inc.; Chairman of the Audit Committee for Benchmark Electronics
AGENCY

Department of Housing and Urban Development

Mission: Create strong, sustainable, inclusive communities and quality, affordable homes for all

COMPENSATION

Level IV $155,500 (5 U.S.C. § 5315)2

REPORTS TO

Secretary of Housing and Urban Development

SENATE COMMITTEE

Banking, Housing and Urban Affairs

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Footnote
  1. CRS report: Presidential Appointee Positions Requiring Senate Confirmation and Committees Handling Nominations, 2016
  2. The Consolidated Appropriations Act, 2017 (Public Law 115-31, May 5, 2017), contains a provision that continues the freeze on the payable pay rates for certain senior political officials at 2013 levels during calendar year 2017.
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