Director of Finance

The Teamsters Joint Council No. 83 of Virginia Health Welfare and Pension Funds (the
“Funds”), located in Richmond, VA are currently seeking a Director of Finance. This position
reports directly to the Executive Director. This position will require the Director of Finance to be
in the Office, located in Richmond, VA on a full-time basis; this is not a remote position. The
Funds offer a starting salary of $135,000 (negotiable upon experience) plus significant
employer-funded employee benefits including pension and welfare.

The Funds consist of active and retiree Welfare, Pension (DB), and Annuity participants in all
areas covered by the Funds. The Director of Finance has overall responsibility for the financial
and accounting administration of the Funds. The Funds provide benefits to over 12000 active
members and their eligible dependents as well as over 8000 pension plan participants.

The Director of Finance will oversee the day-to-day activities of all accounting functions,
including accounts payable, payroll, expense reporting, accounts receivable, benefit payments
and general ledger for all Funds. The successful candidate will also be responsible for the
Funds’ financial plans, policies and accounting practices, its relationship with financial
institutions, maintenance of its fiscal records and preparation and analysis of financial reports,
including financial statements prepared in accordance with Generally Accepted Accounting
Principles (GAAP).

Responsibilities include but may not be limited to: 
 Oversee day-to-day accounting operations: Oversee and monitor the Funds’ daily
accounting operations; Ensure financial and operational accuracy and compliance; Develop,
implement and monitor effective accounting strategies, policies, procedures, and financial
controls; Maintain all financial records; Maintain adequate levels of liability and other forms
of insurance to protect the Funds.
 Strategic planning: Participate in strategic business planning; Coordinate the annual
budgeting process; Implement short and long-term goals and objectives of the Funds.
 Financial: Oversee maintenance of general ledger and other financial records, including
preparation of cash flow reports and monthly financial statements; Oversee payroll and
expense allocations; Review and approve all day-to-day, routine expenses, and process
non-routine expenses; Ensure completion of all transfers and other cash management
duties; Coordinate annual audits and work closely with the auditors in the preparation of
year-end schedules, financial statements, and annual compliance reporting and client work
papers.
 Ensure compliance: Ensure that standard accounting principles are followed in keeping the
Funds’ financial records; Coordinate, review and/or prepare all tax reporting requirements
and submission of all tax and government filings including payroll tax returns and deposits
for benefits and payroll, 1099-R’s for benefits, 1099-NEC’s, PBCG form and property tax
returns; Coordinate information required by/from outside professional advisors (including
census and financial information to the Funds’ consultants) or governmental agencies;
Maintain understanding of GAAP, GASB, IRC, ERISA and other areas of fiduciary
responsibility.
 Ensure adequate systems and technology: Ensure accounting systems are maintained
and updated to support the Funds’ accounting needs; Assist in the evaluation, acquisition
and implementation of accounting technologies/tools, as needed.

 Attend Board of Trustee meetings to share financial reports and updates.
 Have a good understanding of the contribution accounting process.
 Act as a backup to the Benefits Administrator.

REQUIREMENTS
The ideal candidate will meet the following requirements:
 Work Experience: Minimum of seven (7) to ten (10) years of high-level, relevant accounting
experience required, preferably with a benefit fund, or other not-for-profit experience; Direct
experience with executive-level decision making and interaction with Executive
Management.
 Educational Background: Bachelor’s degree in accounting, business, finance or
associated field required; CPA designation preferred. 
 Special Skills or Credentials: Thorough knowledge of financial and accounting practices,
procedures and statements, including governmental regulations, reporting requirements and
tax regulations for profit and not-for-profit organizations required; Familiarity with GAAP,
GASB, IRC, ERISA and 401(k) plan administration requirements as well as other
government legislative regulations related to benefits preferred; Experience and knowledge
of industry standard accounting software and general ledger software products along with
proficiency in MS Office suite; The ideal candidate will also have demonstrated strong
leadership and judgment skills, be detail oriented and highly organized, have strong
analytical skills including the ability to interpret financial and operational information, strong
project management skills, and be a team player with excellent interpersonal and
communication skills.

TO APPLY
As noted above, the Funds offer a competitive salary and a comprehensive benefits package.
The Funds are an affirmative action employer and encourage applications from all qualified
candidates regardless of gender, race, ethnicity, age, sexual orientation, marital status, religion,
or disability.