Director, Financial Reporting
Responsible for managing the financial accounting and reporting process for The IIA, which includes accounts payable/receivable, payroll, general ledger, budgeting and forecasting. Provide management with quantitative data to be used in formulating policies, procedures and making informed financial decisions to support goals and objectives of The Institute of Internal Auditors.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.
- Ensure monthly G/L closings and financial statements are completed timely and accurately for The IIA and subsidiaries.
- Oversees staff responsible for the preparation of accounting transactions and reviews final financial statements for formal presentation.
- Works closely with Vice Presidents and Department heads across the IIA to develop, communicate and review financial statement, forecast and budget objectives and results.
- Plans and coordinates the annual audit process with the external auditors.
- Directs the Revenue Manager who supervises accounting staff that reconciles events, cash and credit card bank accounts and ensures batch balancing at month-end.
- Manage Accounts Receivable processing, reporting and AR report distribution.
- Directs the Accounts Payable manager responsible for supervising accounting staff that processes all payments from the IIA and subsidiaries, ensuring compliance with IIA policies.
- Ensure department workflow provides for proper internal controls.
- Manage and coordinate the preparation of all supporting schedules for annual external audits and other miscellaneous audits including internal audits and worker's compensation reviews.
- Manage, coordinate and prepare supporting schedules and forms for required International, Federal, State and Local tax filings.
- Work with Director, Forecasting and Budgeting in the preparation and compilation of budgets and forecasts, involving a clear understanding of operations of groups supported through this process. Work with Vice Presidents and Department heads to understand underlying budget assumptions.
- Ensure timely and accurate reconciliation and analysis of all balance sheet accounts, reconcile key balance sheet accounts, and review reconciliations performed by others.
- Oversee modification, installation and/or maintenance of accounting systems (Microsoft Dynamics SL, deFacto, etc.) to ensure correct execution and accurate recognition of financial transactions and budget and forecast reports.
- Ensure that all general accounting operations adhere GAAP, and ensure that related policies and procedures are accurately communicated to and followed across the organization.
- Develop and maintain fully documented key accounting processes and procedures for financial control.
Manage exempt and non-exempts employees tasked with processing accounts payable, accounts receivable reporting and general journal transactions.
Maintain responsibility for the overall direction, coordination, and evaluation of these units. Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience
Bachelor's degree (B. A.) from four-year College or university preferably in Accounting and seven years relevant experience leading an accounting team; or equivalent combination of education and experience. Certified Public Accountant is preferred. Association management experience would be an asset. Experience with 990 filings, international and state taxes is preferred. Experience with an international organization is an asset to this role within The IIA.
Ability to read, analyze, and interpret technical journals, financial reports, and legal documents. Ability to respond to common inquiries or complaints from customers, regulatory agencies, or members of the business community.
Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public. Multiple language skill is an asset to any role within The IIA.
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.