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Chief Financial Officer
Chief Financial OfficerDakota Economic Development Corp • Fort Thompson, SD, US
Chief Financial Officer

Chief Financial Officer

Dakota Economic Development Corp • Fort Thompson, SD, US
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Job Description

Job Description

Salary : Salaried DOE

Lead and oversee the DEDC and subsidiary audits annually in accordance with GAAP and GASB.Job Description Chief Financial Officer (CFO)

Organization : Dakota Economic Development Corporation (DEDC)

Reports To : Chief Executive Officer (CEO)

Location : Hybrid / Remote as applicable

FLSA Status : Exempt

Position Summary

The Chief Financial Officer (CFO) of the Dakota Economic Development Corporation (DEDC) is responsible for the overall financial management and strategic direction of the organization. This executive leadership role requires a deep understanding of financial management, strategic planning, and operational oversight to drive DEDCs mission of promoting economic development within Tribal communities. The CFO will lead finance, accounting, and investment activities, ensuring compliance with regulatory requirements and Tribal priorities.

Key Responsibilities

1.) Financial Strategy & Planning

  • Develop and implement financial strategies that align with DEDC's goals and the economic growth of Tribal entities.
  • Lead financial forecasting, budgeting, and financial modeling to support sound decision-making and resource allocation.
  • Analyze financial trends and performance metrics to identify growth opportunities and ensure sustainability.

2.) Financial Management & Reporting

  • Oversee all financial reporting, ensuring accuracy and compliance with GAAP, federal regulations, and Tribal statutes.
  • Present financial results and insights to the CEO, Board of Directors, and Tribal Councils, guiding fiscal priorities and strategic initiatives.
  • Manage the preparation of financial statements, internal controls, and audits in partnership with external auditors.
  • Lead and oversee the DEDC and subsidiary audits annually in accordance with GAAP and GASB.

    • 3.) Operational Oversight

  • Collaborate with other executives to drive operational efficiency and effectiveness across DEDCs lending operations and initiatives.
  • Implement financial systems and processes to enhance reporting, compliance, and overall performance.
  • Monitor cash flow and liquidity, managing investments and funding strategies effectively.

    • 4.)Risk Management & Compliance

  • Ensure compliance with all relevant financial regulations, tax laws, and industry standards, with a focus on Tribal sovereignty.
  • Develop and implement risk management strategies to mitigate financial risks and safeguard organizational assets.
  • Establish financial policies and procedures that promote effective risk management and operational transparency.

    • 5.) Team Leadership & Development

  • Lead and mentor the finance and accounting teams, fostering a culture of high performance and continuous improvement.
  • Identify training and development opportunities to enhance team capabilities, particularly in Tribal economic development contexts.
  • Promote collaboration and communication within the finance team and across DEDC.

    • Qualifications

  • Bachelors degree in Finance, Accounting, Business Administration, or a related field; MBA or advanced degree preferred.
  • 710 years of progressive financial management experience, with at least 35 years in a leadership role, preferably in organizations focused on Tribal economic development.
  • Strong knowledge of financial regulations, GAAP, and compliance requirements relevant to Tribal enterprises.
  • Proven ability to develop and execute financial strategies that contribute to growth and strengthen financial performance in a Tribal context.
  • Excellent analytical skills, with the ability to interpret complex financial data and provide actionable insights.
  • Exceptional leadership and interpersonal skills, with the ability to communicate effectively with a diverse range of individuals.

    • Core Competencies

  • Financial Strategy Development
  • Financial Reporting & Analysis
  • Risk Management & Compliance
  • Operational Efficiency
  • Team Leadership & Mentorship
  • Strategic Thinking & Problem-Solving

    • Work Environment & Travel

  • Remote or hybrid work model depending on location.
  • Occasional travel may be required for meetings, site visits, or conferences related to Tribal economic initiatives.

    • Salary

    Salary is commensurate with experience, and offers will be competitive based on qualifications and industry standards, with comprehensive benefits including :

  • Health, dental, and vision insurance.
  • 401(k) retirement plan.
  • Retirement savings options.

    • Tribal Preference Policy

    In accordance with DEDC policy, Tribal Preference applies to this position :

  • A member of the Crow Creek Sioux Tribe
  • A descendant of a member or members of the Crow Creek Sioux Tribe
  • A member of another federally recognized tribe

    • Preference applies to hiring, promotion, training, and layoffs if candidates meet minimum qualifications. Among equally qualified candidates, the most suitable in the preference category will be selected.

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    Chief Financial Officer • Fort Thompson, SD, US

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