Asst. Executive Director / Chief Financial Officer – Massachusetts State Lottery Comm.

Posted on: June 13, 2017 – 12:44pm


The Chief Financial Officer (CFO) administers all of the fiscal-related functions for the Massachusetts State Lottery Commission (Commission) in accordance with the provisions of the State Lottery Law, Chapter 10, Sections 22-40 of the Massachusetts General Laws and Rules and Regulations made thereunder. The CFO is responsible for overseeing and reviewing all fiscal management, budget, procurement and other financial actions and ensuring that all policies, programs and procedures are in compliance with state and federal laws, regulations and guidelines. These programs are in the areas of accounting, revenue operations, fiscal operations, operating and capital budget. In an effort to meet the Commission’s goals and objectives, the CFO must address a multitude of challenges and problems in order to be successful in the position. Specifically, the CFO must: (1) meet the fiscal needs of the Commission; (2) provide financial strategies, planning and development of fiscal policies for the Commission; (3) set clear objectives for the Finance Department; (4) ensure that capital projects are appropriately funded and reflected in the financial reporting systems of the State Accounting System; (5) ensure that audit issues are effectively dealt with; and (6) stay abreast of relevant complex laws, rules and regulations that directly affect the Commissions policies and practices.

Department: Finance

Supervision Received: Executive Director

Supervision Exercised: Controller
Director of Revenue
Budget Director
Manager, Claims/Validation
Grade: Non-Union
Salary: $105, 000 – $125,000.00

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