Vice President, Finance And Accounting

Position Summary:

The VP of Finance and Accounting will be responsible for overseeing the financial operations of the organization, ensuring accurate financial reporting, implementing and maintaining effective internal controls, and providing strategic financial guidance to the management team. Responsibilities:

Financial Management:

• Develop and implement financial policies, procedures, and controls to safeguard the association's assets and ensure accurate financial reporting.
• Prepare and analyze financial statements, including balance sheets, income statements, and cash flow statements, to provide timely and accurate information to management and the Board of Directors.
• Monitor financial performance, identify areas of concern or improvement, and recommend corrective actions to ensure the financial stability and growth of the association.

Budgeting and Forecasting:

• In conjunction with SEVP/COO, collaborate with department heads to develop and manage the annual budgeting process, ensuring alignment with strategic objectives and financial targets.
• Prepare regular financial forecasts and projections, monitoring actual performance against budgeted expectations and identifying variances for further analysis.
• Provide guidance and support to department heads in monitoring and controlling their budgets, offering insights and recommendations for cost optimization and revenue enhancement.
• Provide financial analysis and support to the management team, including financial modeling, profitability analysis, and scenario planning.

Cash Flow Management:

• Manage cash flow, including monitoring and forecasting cash needs, optimizing investment strategies, and overseeing accounts payable and accounts receivable processes.
• Establish and maintain relationships with financial institutions and manage banking activities.

Compliance and Audit:

• Ensure compliance with all applicable financial regulations, laws, and reporting requirements.
• Coordinate and manage external audits, tax filings, and other financial reviews as necessary.