Chief Financial Officer
3 weeks ago
The Chief Financial Officer will play a key role in directing and overseeing the financial activities of the American Bar Association, ensuring the organization's financial health and stability. This position will be responsible for preparing current financial reports and summaries, developing forecasts predicting future performance, and maintaining positive working relationships with key external constituencies in the financial field.
Key Responsibilities- Serves as the strategic, trusted partner to the Executive Director & COO, the member leaders, and the senior management team in all matters related to financial strategy, fiscal compliance, and day-to-day financial operations of the Association.
- Develops plans for growth to increase revenue in collaboration with members and senior staff leadership.
- Responsible for leading and managing all financial and accounting functions, including long-range financial planning, budgeting, financial reporting and analysis, auditing, tax reporting, cash management, risk management, treasury operations, payroll, and accounts receivable/payable.
- Provides financial updates and recommendations to the Finance Committee, the Board of Governors, the Audit Committee, the A-E-F-C Pension Committee, and the Thrift Committee.
- Interacts with the Investment Committee of the Association and entities to manage investments and reserves of the Association.
- Ensures legal and regulatory compliance regarding all financial functions.
- Reviews planning process and suggests improvements to current methods. Analyzes financial operations to identify areas in need of restructuring.
- Provides oversight and management of the charitable development department (FJE).
- Builds and leads a high-performing and diverse financial services team, providing guidance, mentorship, and professional development opportunities.
- Interacts with external parties to ensure completion of annual audit, access to capital markets, and ability to procure insurance coverage in a cost-effective manner.
- Possession of a bachelor's degree from an accredited college or university.
- At least ten years' experience leading teams in finance, accounting, financial planning, accounts payable/receivable, treasury management, etc.
- At least five years' experience negotiating with banks and other financial institutions for lines of credit, cash management, etc.
- Recognized as a certified finance professional, such as a Certified Public Accountant or Certified Internal Auditor, or possession of a Master's Degree in Business Administration.
- Demonstrated experience developing strategies and business plans that grow revenue through products and services sales.
- Strong leadership and team management skills, with a track record of successfully building, managing, and developing diverse teams across a remote or hybrid working environment.
- Proficient in database and accounting computer application systems.
- Previous finance experience in a not-for-profit organization or membership association environment, including experience with tax exempt status.
- Previous financial reporting experience.
The American Bar Association is an Equal Opportunity, Affirmative Action Employer of all protected classes including veterans and individuals with disabilities. Women, minorities, veterans, and individuals with disabilities are encouraged to apply.
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