Air & Space Forces Association
Chief Financial Officer
Air & Space Forces Association, Arlington, Virginia, United States, 22201
About the Air & Space Forces Association (AFA)
The
Air & Space Forces Association
is a 501(c)(3) nonprofit that promotes dominant U.S. Air and Space Forces as the foundation of a strong national defense. We honor Airmen and Guardians, support their families, and advocate for critical aerospace education and public awareness. With an annual operating budget of approximately
$30 million
and strategic goals to grow to
$40 million
, we are investing in our future — and looking for a financial leader to help us get there. JOB SUMMARY: The Chief Financial Officer (CFO) provides strategic direction, leadership and management for the Finance Department and the AFA national organization and is responsible for the finance staff and all functions of the Finance Department. The CFO ensures the effectiveness of AFA's financial systems, procedures, and reporting, maintenance of proper financial controls, and that financial transactions support the overall business strategy, while maintaining compliance with applicable laws, regulations, and participating in the ongoing audits of the organization. They are the point of contact for external resources including the legal counsel, retirement plan actuary and administrators, business insurance broker, banks, and investment advisors. The CFO serves as one of the staff fiduciaries for retirement plans, investments, and compliance, is the staff liaison to the Board of Directors for the Finance and Audit Committees, and works closely with President & CEO, EVP and volunteer leadership Committees, and as well members of senior program management team. ESSENTIAL FUNCTIONS: Strategic Financial Leadership and AFA Operations Planning (approximately 25% of effort): Report to AFA leadership and The Board of Directors, funders, auditors, delegates and other stakeholders about the financial health of the organization including past results, current status, trends, and future plans. Work with senior team and program managers to prepare and adhere to annual operating budget and support the priorities of the strategic plan. Monitor and ensure adequate cash flow to meet strategic and operational needs by providing financial projections and accounting services, preparing growth plans, and directing staff. Direct and coordinate financial affairs according to financial principles and government regulations. Financial Reporting and Analysis (approximately 20% of effort): Ensures accuracy and veracity of financial statements, records, and internal and external reports. Ensure that all financial reports are timely and accurate, including monthly management reports, monthly and quarterly financial statements with variance analysis, IRS Form 990 and 990T, financial reports for annual audit. Direct creation of and review of reports for special purposes and to analyze specific activities or proposals. Develop, direct, and provide financial analysis of operations by evaluating trends, studying revenue opportunities, establishing critical measurements, accumulating resources, and resolving problems. Lead and Manage Finance Staff (approximately 20% of effort): Plan and prioritize activities of the finance office, and ensure work products are complete, accurate and on time. Develop calendar of events and deadlines and communicate priorities to finance staff. Manage the workload of the team to ensure appropriate checks and balances and the meeting of deadlines. Motivate and support finance staff and provide the support, tools, and strategic understanding needed to be successful and to grow as professionals. Upgrade and implement policies, internal controls, accounting standards, and procedures; look for opportunities to eliminate inefficiencies, redundancies, and waste within systems. Compliance and Legal (approximately 15% of effort): Monitor and advise leadership about federal, state, local laws pertaining to corporations; Internal Revenue Service requirements, Department of Labor, ERISA, Pension Benefit Guarantee Corporation, and other legal and policy framework including AFA bylaws, operational procedures manual, accounting procedures manual and internal controls, investment policy, gift acceptance policy, operating reserve policy and others as approved by the Board of Directors. Point of contact with outside legal counsel, review all AFA contracts prior to review and signature by President and EVP; seek legal review as needed. With Senior Director of Finance, oversees audit processes. Enterprise Risk Management (approximately 15% of effort): Work with President, EVP, and Operational Leadership Team to identify, monitor, and report organizational risks to the Finance and Audit Committees. Liaison for relationship with insurance broker to mitigate the appropriate level of risk through policy's with insurance companies. Present plans to address financial risks with senior staff and Finance Committee, Executive Committee and Board of Directors. Other Duties as assigned (approximately 5% of effort): Participate as a member of ad hoc committees created by the Board. Answer questions from the Field that are detailed financial or legal in nature. Assisting with the updating of financial and legal information on field training program about corporate law, tax exempt status and filing requirements. Provide advice and support to program managers and other staff as situations require. Ability to operate as an effective tactical as well as strategic thinker. REQUIRED JOB QUALIFICATIONS Education & Experience Required: Bachelor’s Degree in accounting, business, or a related field. 10+ years of experience as a senior finance leader in a non-profit organization. Experience managing budgets of $25M+ and scaling financial organizations. Executive Core Competencies: Strategic Planning Problem-Solving Critical Evaluation Knowledge, Skills, and Abilities Required: Strong financial acumen and understanding of contracting and budgeting for non-profit organizations and associations. Extensive experience in public accounting, tax, and with financial statements and reporting. Extensive experience in program budgeting, fiscal management and business planning. Familiarity with Fonteva, Salesforce, accounting software and management of general ledger, chart of accounts, and other key tools is helpful. Superior management skills and the ability to influence and engage direct and indirect reports and peers. Strong organizational skills and ability to consistently attend to details and meet deadlines. Ability and commitment to keep information confidential. Excellent verbal and written communication skills. Ability and commitment to act with integrity, professionalism, and confidentiality. Excellent technical support, analytical, and problem-solving skills. Familiarity with administration of retirement plans and compliance requirements for plans requiring fiduciary responsibility. Ability to operate as an effective tactical as well as strategic thinker.
#J-18808-Ljbffr
Air & Space Forces Association
is a 501(c)(3) nonprofit that promotes dominant U.S. Air and Space Forces as the foundation of a strong national defense. We honor Airmen and Guardians, support their families, and advocate for critical aerospace education and public awareness. With an annual operating budget of approximately
$30 million
and strategic goals to grow to
$40 million
, we are investing in our future — and looking for a financial leader to help us get there. JOB SUMMARY: The Chief Financial Officer (CFO) provides strategic direction, leadership and management for the Finance Department and the AFA national organization and is responsible for the finance staff and all functions of the Finance Department. The CFO ensures the effectiveness of AFA's financial systems, procedures, and reporting, maintenance of proper financial controls, and that financial transactions support the overall business strategy, while maintaining compliance with applicable laws, regulations, and participating in the ongoing audits of the organization. They are the point of contact for external resources including the legal counsel, retirement plan actuary and administrators, business insurance broker, banks, and investment advisors. The CFO serves as one of the staff fiduciaries for retirement plans, investments, and compliance, is the staff liaison to the Board of Directors for the Finance and Audit Committees, and works closely with President & CEO, EVP and volunteer leadership Committees, and as well members of senior program management team. ESSENTIAL FUNCTIONS: Strategic Financial Leadership and AFA Operations Planning (approximately 25% of effort): Report to AFA leadership and The Board of Directors, funders, auditors, delegates and other stakeholders about the financial health of the organization including past results, current status, trends, and future plans. Work with senior team and program managers to prepare and adhere to annual operating budget and support the priorities of the strategic plan. Monitor and ensure adequate cash flow to meet strategic and operational needs by providing financial projections and accounting services, preparing growth plans, and directing staff. Direct and coordinate financial affairs according to financial principles and government regulations. Financial Reporting and Analysis (approximately 20% of effort): Ensures accuracy and veracity of financial statements, records, and internal and external reports. Ensure that all financial reports are timely and accurate, including monthly management reports, monthly and quarterly financial statements with variance analysis, IRS Form 990 and 990T, financial reports for annual audit. Direct creation of and review of reports for special purposes and to analyze specific activities or proposals. Develop, direct, and provide financial analysis of operations by evaluating trends, studying revenue opportunities, establishing critical measurements, accumulating resources, and resolving problems. Lead and Manage Finance Staff (approximately 20% of effort): Plan and prioritize activities of the finance office, and ensure work products are complete, accurate and on time. Develop calendar of events and deadlines and communicate priorities to finance staff. Manage the workload of the team to ensure appropriate checks and balances and the meeting of deadlines. Motivate and support finance staff and provide the support, tools, and strategic understanding needed to be successful and to grow as professionals. Upgrade and implement policies, internal controls, accounting standards, and procedures; look for opportunities to eliminate inefficiencies, redundancies, and waste within systems. Compliance and Legal (approximately 15% of effort): Monitor and advise leadership about federal, state, local laws pertaining to corporations; Internal Revenue Service requirements, Department of Labor, ERISA, Pension Benefit Guarantee Corporation, and other legal and policy framework including AFA bylaws, operational procedures manual, accounting procedures manual and internal controls, investment policy, gift acceptance policy, operating reserve policy and others as approved by the Board of Directors. Point of contact with outside legal counsel, review all AFA contracts prior to review and signature by President and EVP; seek legal review as needed. With Senior Director of Finance, oversees audit processes. Enterprise Risk Management (approximately 15% of effort): Work with President, EVP, and Operational Leadership Team to identify, monitor, and report organizational risks to the Finance and Audit Committees. Liaison for relationship with insurance broker to mitigate the appropriate level of risk through policy's with insurance companies. Present plans to address financial risks with senior staff and Finance Committee, Executive Committee and Board of Directors. Other Duties as assigned (approximately 5% of effort): Participate as a member of ad hoc committees created by the Board. Answer questions from the Field that are detailed financial or legal in nature. Assisting with the updating of financial and legal information on field training program about corporate law, tax exempt status and filing requirements. Provide advice and support to program managers and other staff as situations require. Ability to operate as an effective tactical as well as strategic thinker. REQUIRED JOB QUALIFICATIONS Education & Experience Required: Bachelor’s Degree in accounting, business, or a related field. 10+ years of experience as a senior finance leader in a non-profit organization. Experience managing budgets of $25M+ and scaling financial organizations. Executive Core Competencies: Strategic Planning Problem-Solving Critical Evaluation Knowledge, Skills, and Abilities Required: Strong financial acumen and understanding of contracting and budgeting for non-profit organizations and associations. Extensive experience in public accounting, tax, and with financial statements and reporting. Extensive experience in program budgeting, fiscal management and business planning. Familiarity with Fonteva, Salesforce, accounting software and management of general ledger, chart of accounts, and other key tools is helpful. Superior management skills and the ability to influence and engage direct and indirect reports and peers. Strong organizational skills and ability to consistently attend to details and meet deadlines. Ability and commitment to keep information confidential. Excellent verbal and written communication skills. Ability and commitment to act with integrity, professionalism, and confidentiality. Excellent technical support, analytical, and problem-solving skills. Familiarity with administration of retirement plans and compliance requirements for plans requiring fiduciary responsibility. Ability to operate as an effective tactical as well as strategic thinker.
#J-18808-Ljbffr