Director of Operations and Finance
The Director of Operations and Finance directs all fiscal and operational policy for the Connecticut Municipal Development Authority (CMDA), a quasi-public organization. The Director administers fiscal control and analysis, policies, contract compliance, and required state reporting. The Director is the primary point of engagement with private developers and financial institutions, structuring direct-support financing for development projects in member municipalities’ development districts.
The Director will report directly to Executive Director and is subject to all parameters of the CMDA Employee Handbook.
The Board-approved salary range for this position is: $110,000 - $150,000
Essential Duties and Responsibilities:
Manages accounting contractor and their preparation of monthly reports for the Board’s approval, quarterly reports for the Board’s approval and submission to State Office of Fiscal Analysis, annual reports for the Board’s approval and submission to various oversight authorities, and information submission to outside auditors annually and to state auditors every other year; ensures accuracy and integrity of financial reporting
Has final responsibility for providing effective financial controls for the organization
Develops and maintains accounting and budgeting policies and procedures, implementation of new practices and procedures, and efficient control and utilization of financial resources
Maintains current knowledge of and implements changes based on State policies and procedures, federal policies and directives, and current accounting practices which directly or indirectly impact CMDA
Has access to state accounting system (CORE) in processor role
Has access to Authority online banking and provide second approval for expenditures of less than $10,000.00
Ensures contract compliance for all vendors
Serves as primary point of contact for private developers with projects in member municipalities’ development districts seeking CMDA financing
Manages consultants performing underwriting and structures loans for Board approval Manages loan disbursement and servicing
Attends Board meetings
Any and all other operations and financial tasks as assigned
Knowledge, Skills, and Abilities Required
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience:
Bachelor’s degree in Accounting Finance or related major from a four-year college or university
MBA or similar professional degree preferred
Five years of experience in financial management and/or real estate finance
A self-motivated, well organized individual who is a team player, possesses excellent communication skills, flexibility and is committed to CMDA’s mission
CMDA is an Affirmative Action-Equal Opportunity Employer.
Interested candidates should submit their resume and cover letter to info@wearecmda.org no later than 4pm on Friday, July 25th, 2025.
