Full Job Description
The Managing Director, Finance and Accounting oversees the execution of the organization-wide planning and budgeting processes. They are responsible for setting financial reporting policies, organizing and directing all of the corporation's financial reporting, billing, cash management, payroll, accounts payable, accounts receivable, compliance and budgeting functions. They are also responsible for collaborating with business lines on financial health and performance and leading inter-department efforts for process improvement and ensures compliance to corporate policies.
In conjunction with the VP Administration and Chief Financial Officer provides assistance to AAA Board governing bodies such as the Finance, Budget and Investment Committee and the AAA Audit Committee.
Duties & Responsibilities
Plans, directs and coordinates all accounting financial reporting functions and operations, including carrying out appropriate policies. Develops, recommends and implements policies for CFO approval. Ensures compliance with GAAP. Drafts clear and concise reports, both written and oral, explaining financial result of company including analysis of monthly statements and all financial reports, significant business issues and accounting policies.
Plans, directs and guides the work of professional team members, ensuring that appropriate levels and organization of staffing and systems resources are utilized and maintained. Hires employees, evaluates training needs, supervises and evaluates performance of subordinate teams members including written evaluations; addresses performances issues when necessary.
Directs the preparation and development of National Office budget, budgeting systems, goal setting process, and analysis and interpretation of trends requiring management’s attention. Coordinates with business units to incorporate department goals and plans into department budgets, produces budget documents for board approval, and oversees overall National Office budget process.
Coordinates with external audit firm to facilitate audit of AAA records. Coordinates with external actuaries and audit firm to facilitate appropriate regulatory and financial reporting and audit of AAA benefit plans
Determines financial reporting needs and evaluates accounting policies.
May oversee other corporate functions as needed; performs other duties as assigned.
Draws upon knowledge and experience, observation and inquiry to shape the behavior of others and benefit the organization.
Identifies and uses individual team member capabilities to help the team. Provides learning opportunities, stretch assignments, reinforcing and redirecting feedback, and coaching
Clearly expresses the right information to others in a timely manner and through the appropriate channel; uses non-verbal cues to read the audience and adjust message
Furthers the strategic vision of the association by aligning daily actions to the initiatives and goals of the business.
Minimum Education & Experience
Bachelor’s degree and ten (10) years’ experience in an accounting management role. MBA strongly preferred.
CPA designation required; expert level knowledge of Generally Accepted Accounting Principles (GAAP)
Thorough knowledge of corporate accounting and budgeting
Outstanding verbal and written communication skills, including the ability to draft executive level communications and reports for the Board of Directors and make effective oral presentations; strong negotiating skills
Ability to conduct complex financial analysis, budgets, process improvements; good knowledge of automated financial systems
Thorough knowledge of industry and market trends and the ability to think innovatively and strategically.
Must have strong leadership and team building skills, be well organized, well informed, capable of leading by influence, and able to achieve desired goals and objectives while maintaining the respect and support of the organization.
Excellent problem solving skills and ability to think conceptually and effectively communicate direction to associates and business departments
Strong negotiation, facilitation and consensus building skills; able to present to senior management and stakeholders.
Excellent verbal, written and interpersonal communication skills. Listens and communicates technical subjects to both technical and nontechnical audiences, flexes style to suit the needs of the audience.