Chief Budget Officer

Posted Yesterday
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Washington, DC, USA
In-Office
242K-350K Annually
Expert/Leader
Financial Services
The Role
Leads the PCAOB’s enterprise budget lifecycle, including formulation, forecasting, execution, reporting, and SEC compliance. Advises senior leadership on financial performance, spending, and strategic planning; oversees complex program analyses, financial modeling, and budget submissions; manages the FP&A team; and improves budgeting technologies and processes using Workday Financials, Adaptive Planning, and Power BI. Serves as the primary liaison with the SEC and OMB on budget matters.
Summary Generated by Built In

Join us and make a difference in global investor protection.

Who We Are

The Public Company Accounting Oversight Board (PCAOB), a nonprofit organization established by Congress, oversees the audits of public companies and SEC-registered brokers and dealers to protect investors and to further the public interest in the preparation of independent, accurate, and informative audit reports.

Our investor protection mission is focused on modernizing audit standards, enhancing audit inspections, and strengthening enforcement of PCAOB rules and standards and other related laws and rules. People are at the heart of our mission at the PCAOB.  As we carry out that mission, we strive to uphold the highest standards in audit quality with investors’ families, savings, and futures in mind. 

We are hiring mission-driven professionals interested in a career with purpose, competitive benefit offerings, and work-life flexibility. If you are interested in working with a group of talented professionals to protect investors and drive audit quality and innovation while adhering to the highest standards of ethical and professional conduct, join us.


What We Offer

At the PCAOB, we offer a highly competitive compensation and benefits package with a focus on the health and financial well-being of our valued team members. Some of the features of our comprehensive Total Rewards package include:


  • Compensation – We support transparency, equity, and fairness in our compensation programs and provide a reasonable estimate of the salary range, based on data-driven market analysis, for each job posting. While it is not typical for an individual to be hired at or near the top of the range, a reasonable estimate of the salary range for this role in Washington, DC (Headquarters) is $242,000/year - $350,000/year. Team members may also be eligible for performance-based discretionary awards.

  • Work Location – Staff will be assigned to the Washington, DC (Headquarters) office or another office as approved by the PCAOB.

  • Generous paid time off – Up to 6 weeks annually, in addition to 12 federal holidays, and 2 floating holidays and a year-end break December 28 – 31, 2026.

  • Highly competitive 401(k) match and savings options – Immediate vesting and contributions matched dollar for dollar, up to 7 percent of eligible compensation. Roth in-plan conversion available. 

  • Comprehensive and competitive health benefit offerings – Medical, dental, and vision plans

  • Supportive paid family leave benefits – Up to 16 weeks paid parental leave and up to 16 weeks paid caregiver leave

  • Life insurance benefits – Basic life and AD&D insurance provided; supplemental insurance also available

  • Education benefits – PCAOB staff qualify for the Public Service Loan Forgiveness (PSLF) program. We also offer student loan repayment assistance, staff college tuition assistance, and college coach program support.

  • Well-being and family resources – Mental health and well-being resources, paid volunteer time, emergency child/adult dependent back-up care services, family-forming assistance, discounted gym memberships, employee assistance program (EAP), health advocate program, and more  

  • Commuter benefits – Tax-free employer subsidy and pretax employee deductions 

Position Summary

The PCAOB is seeking a full-time Chief Budget Officer for the Office of Finance within the Office of the Chief Operating Officer (OCOO) at its Washington, DC headquarters. Reporting directly to the Chief Financial Officer (CFO), the Chief Budget Officer will serve as the enterprise process owner for the full budget lifecycle and related recurring requirements under the U.S. Securities and Exchange Commission’s (SEC) Budget Rule, including budget formulation, forecasting, presentation, execution, and justification. The role will lead financial planning and analysis; collaborate with stakeholders across the organization to align strategic, financial, and operational planning; oversee periodic forecasting and continuous process improvement; and conduct program analyses that support disciplined budget formulation and execution.


Responsibilities


  • Lead the design, execution, and continuous improvement of the enterprise budget process in accordance with the SEC Budget Rule, including annual budgets, rolling forecasts, multi-year financial models, and practices that strengthen fiscal stewardship and accountability across all divisions and offices.
  • Partner with divisions and offices, the Office of Technology, the Chief Procurement Officer, and the Chief Human Resources Officer to develop well-supported budget requests; ensure program budgets are formulated and executed in alignment with organizational priorities and established criteria; and support ad hoc analysis, technology cost management, workforce forecasting, and long-term business and financial planning.
  • Undertake highly complex quantitative, data-driven program analyses using information from a variety of internal systems to monitor division and office spending against approved budgets, historical results, and forecasts.
  • Lead a high-performing financial planning and analysis team that delivers robust financial modeling, scenario and trend analyses, program forecasts, variance explanations, and actionable recommendations.
  • Identify emerging budgetary challenges and opportunities and recommend practical solutions based on financial performance and trends.
  • Advise the CFO and COO on the status of funds, expenditure trends, and actions in support of the PCAOB’s mission. 
  • Oversee timely monthly and quarterly financial reporting, briefing materials, and ad hoc analyses for the COO, CFO, senior management, and Board, and support the CFO in communicating key budget matters.
  • Assess the implications of changes to budget execution policies and timetables.
  • Serve as the primary liaison with the SEC and the Office of Management and Budget on PCAOB budget matters.
  • Prepare budget submissions, including quarterly reports and related materials, in compliance with the SEC Budget Rule.
  • Lead the Budget team in gathering, tracking, and monitoring performance metrics related to effective management, implementation, and reporting of the annual budget.
  • Develop a thorough understanding of each division’s and office’s operations, needs, and short- and long-term plans to address Board and SEC questions about budget submissions.
  • Set team priorities, manage competing demands, identify issues promptly, and recommend thoughtful, practical solutions.
  • Lead the implementation, administration, and continuous improvement of budgeting and forecasting technologies, including Workday Financials, Adaptive Planning, and Power BI; partner with HR Technology to address process gaps, configure new capabilities, manage change, and maintain effective end-to-end budget processes.
  • Perform other duties as assigned by the CFO.

Qualifications


  • At least 12 years of experience in management, budgeting, accounting, finance, or a related field.
  • Bachelor’s degree in accounting, finance, or relevant discipline.
  • Extensive leadership experience leading a team and managing a multimillion-dollar annual budget and financial management programs and preparing, presenting and defending budget justifications and proposals.
  • Demonstrated ability to integrate performance measurements with budgeting; enhance business and financial management practices; establish verifiable metrics, policies, and methodologies; and define program strategies, goals, timetables, and milestones for assessing the costs, benefits, and outcomes of program performance.
  • Demonstrated experience leading major projects and independently managing ad hoc assignments.
  • Ability to present findings, ideas, and recommendations clearly, concisely, and logically.
  • Ability to build effective relationships with division and office leaders and other personnel to effectively execute assigned responsibilities.
  • Excellent written communication skills.
  • Proficiency in Microsoft Excel, Microsoft Word, and financial software.
  • Experience with Workday, Adaptive Planning, or a comparable budget formulation and reporting platform.
  • Experience with data analysis and financial modelling.
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future.

Leadership/Management Skills and Abilities:


  • Ability to set a positive tone at the top and hold others accountable for doing the same.
  • Demonstrated commitment to ethical conduct and alignment with organizational values.
  • Ability to motivate and inspire employees at all levels to strengthen team commitment and individual performance.
  • Proven ability to develop, coach, and mentor staff through regular feedback and clear direction.
  • Ability to foster collaboration by aligning teams around shared goals and reinforcing collaborative behavior.
  • Demonstrated success building and sustaining productive internal and external relationships to advance organizational goals.
  • Strong judgment, organization, problem-solving, communication, and credibility-building skills.
  • Sound judgment and emotional intelligence to address the varied needs of divisions and offices.
  • Proven ability to resolve conflict promptly and constructively.

Preferred Qualifications:


  • Master’s degree in public policy, public administration, business, or a related field.
  • Working knowledge of modern technologies such as artificial intelligence tools.
  • Experience using Power BI or similar data visualization tools.
  • Knowledge of the federal budget process and experience working with federal regulatory agencies.

Equal Employment Opportunity

All PCAOB employees are entitled to equal opportunity and a professional work environment, free of discrimination and harassment. A workplace free of discrimination and harassment is fundamental to professional success and to the PCAOB's mission. The PCAOB will consider for employment all qualified applicants with criminal histories in a manner consistent with applicable law.

Skills Required

  • At least 12 years of experience in management, budgeting, accounting, finance, or a related field
  • Bachelor’s degree in accounting, finance, or a relevant discipline
  • Extensive leadership experience leading a team and managing a multimillion-dollar annual budget and financial management programs
  • Experience preparing, presenting, and defending budget justifications and proposals
  • Ability to integrate performance measurements with budgeting and establish verifiable metrics, policies, and methodologies
  • Experience defining program strategies, goals, timetables, and milestones for assessing costs, benefits, and outcomes
  • Experience leading major projects and independently managing ad hoc assignments
  • Ability to present findings, ideas, and recommendations clearly, concisely, and logically
  • Ability to build effective relationships with division and office leaders and other personnel
  • Excellent written communication skills
  • Proficiency in Microsoft Excel, Microsoft Word, and financial software
  • Experience with Workday, Adaptive Planning, or a comparable budget formulation and reporting platform
  • Experience with data analysis and financial modeling
  • Legally authorized to work in the United States without employer sponsorship now or in the future
  • Ability to set a positive tone, hold others accountable, motivate employees, and develop, coach, and mentor staff
  • Ability to foster collaboration and sustain productive internal and external relationships
  • Strong judgment, organization, problem-solving, communication, and credibility-building skills
  • Sound judgment and emotional intelligence to address varied organizational needs
  • Proven ability to resolve conflict promptly and constructively
  • Master’s degree in public policy, public administration, business, or a related field
  • Working knowledge of modern technologies such as artificial intelligence tools
  • Experience using Power BI or similar data visualization tools
  • Knowledge of the federal budget process and experience working with federal regulatory agencies
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The Company
HQ: Washington, DC
992 Employees
Year Founded: 2003

What We Do

The PCAOB is a nonprofit corporation established by Congress to oversee the audits of public companies in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB also oversees the audits of brokers and dealers, including compliance reports filed pursuant to federal securities laws. The PCAOB has four primary duties: - Register public accounting firms that prepare audit reports for issuers, brokers, and dealers. - Establish or adopt auditing and related attestation, quality control, ethics, and independence standards. - Inspect registered firms' audits and quality control systems. - Investigate and discipline registered public accounting firms and their associated persons for violations of specified laws, rules, or professional standards. In support of our mission, we also conduct economic research and risk analysis, engage with our stakeholders and other domestic and international regulators, and manage a talented workforce and the technology and resources we need to perform our duties. The SEC has oversight authority over the PCAOB, including the approval of the Board's rules, standards, and budget. The PCAOB has approximately 800 staff members.[1] We maintain our headquarters in Washington, D.C., and have nine regional offices across the United States. More than 1,700 public accounting firms located in 92 jurisdictions across the globe are currently registered with us. About 560 of those registered firms audit more than 12,000 issuers that file financial statements with the SEC or otherwise play a substantial role in those audits. [1] The data presented in this section is as of December 31, 2020. Note: Individuals who want to submit a tip or complaint can do so at [email protected] and not through social media accounts or posts.

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