Chief Financial Officer
Job Details
American Psychiatric Association HQ - Washington, DC
Full-Time
4 Year Degree
Accounting

POSITION SUMMARY

The incumbent provides overall leadership and accountability for Accounting, Budget, and Financial Planning.

 

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Provide counsel to CEO with respect to administering, on a day-to-day basis, the financial operations of the Association.
  • Monitor and update the organizations financial infrastructure to keep pace with changing needs, such as compliance issues, reporting requirements, tax, legal and accounting issues, insurance requirements, etc.
  • Oversee the development, implementation and maintenance of processes that assist in enhancing short-range and long-range financial and organizational stability. In collaboration with the CEO and COO, establish major economic objectives and policies for the company.
  • Responsible for financial reporting and internal controls, relations with external auditors, relationships with banks and other financial institutions, financial analysis of proposed program activities, risk management and insurance preparation of tax returns, financial forecasting and other financial reports. Provide overall leadership and accountability for Accounting, Budget, Contracts,
  • Direct and coordinate Associations financial affairs according to financial principles and government regulations. Direct preparation of budgets and financial forecasts. Direct and prepare financial analyses of operations for guidance of management. Analyze division or department budget requests to identify areas in which reductions can be made and allocate operating budget. Plan and direct new operational procedures to obtain optimum efficiency and reduced costs.
  • Oversee Associations investment and cash management strategy. Responsible for banking and investment relationships. Develop cash management strategy to optimize cash balances in operating and short-term investment accounts for four separate entities.
  • Establish intercompany fee agreements. Oversee accounting, cash and investment transfers within and between companies.
  • Direct the activities concerned with safekeeping, control, and accounting for assets.
  • Presents through the CEO/Medical Director to Boards of Trustees financial policies and financial position. Direct the preparation of reports which outline Associations financial position in areas of income, expenses, and earnings based on past, present and future operations. Provide direct support to APA and APF which includes preparation of financial reports and analyses for each entity, review with Treasurers, and participation in each entitys board meetings.
  • Approve and sign documents affecting business transactions.
  • Establish quality standards for service level requirements for finance, procurement, and administrative services.
  • Coordinate the Associations overall regulatory compliance activities. Direct regulatory compliance activities in finance and contracts, including federal, state, and local tax filings, takes an active role in the coordination of government contracts, and recommend policies and procedures with respect to other areas, e.g., conflict of interest, personnel, issues that might affect tax exempt status. Ensures all contracts and proposals go through general counsels office for written sign-off and contract specialist for review.
  • In collaboration with the CEO, COO, and Chief Counsel, develops systems to manage the business risks of the Association. Directly responsible for the implementation of risk management activities in some areas, e.g., internal controls in finance, procurement, accounting, receipts in meetings, publishing administration, membership, foundation, etc.
  • Provide consultation to District Branches in the establishment of financial and organization policies and procedures.
  • Other duties as assigned

REQUIRED SKILLS, EXPERIENCE, AND QUALIFICATIONS

  • Bachelors Degree with at least 15 years of high-level related experience; or an equivalent combination of education and experience. An advanced degree in finance, accounting, or business is preferred.
  • Active CPA license is required.
  • In-depth understanding of organizational behavior at the individual, group, and system-wide levels.
  • Ability to develop integrated organization-wide systems.

 

EOE, including disability/vets

Salary-$197,095-$282,448

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