Vice President of Finance
Reports to: COO of Portland Cement Association
Department Name: Finance and Accounting
In accordance with the plans, policies, and directives of the Board of Directors and CEO, the VP, Finance directs and guides the activities related to Finance, Accounting and Investments, and closely collaborates with all departments, association functions and stakeholders in order to achieve and exceed the mission and strategic objectives of the Portland Cement Association. The incumbent ensures the delivery of financial analysis, manages resources and internal controls, makes recommendations, projections and sets strategy regarding cash management, capital and budgetary planning to the Board of Directors and to the senior management team in the best interests of the Association and its membership.
- Serve as a member of the senior leadership team in a strategic leadership role for the Association, exercising responsibility for the overall direction, coordination, and execution of all finance and accounting programs. In addition, function as a financial advisor for CTL, a wholly-owned, for-profit subsidiary and as the Treasurer for PCA.
- Interface with Board of Directors and Board Committees to provide presentations and information, statistics, data, and analyses regarding financial performance, including budget performance, of the Association. Interact with the Audit Committee and facilitate semi-annual meetings.
- Coordinate the annual audit process ensuring that all information is provided to the auditors on time and in accordance with generally accepted accounting principles.
- Oversee and direct the financial management of PCA and PCA-affiliated associations including banking, budgeting, investment management, financial statement preparation and audit, and tax filings. This includes:
- Coordination of treasury functions
- Management of investment committees
- Compilation and issuance of internal financial statements
- Compilation and coordination of audited financial statements
- Oversee and direct all activities and duties for the following functional areas:
- Accounting services including but not limited to management of accounting processes, payroll, and financial systems for PCA, regional affiliates and the PCA Education Foundation.
- Risk management and insurance programs including administration of the liability insurance program and workers’ compensation.
- Oversee development, communication, and implementation of financial and accounting standards in accordance with regulatory standards and Board strategy.
- Manage the administration of defined benefit, defined contribution, retirement and pension plan assets. Documentation, legal oversight/review and contract approval for PCA and Educational Foundation. Liaise with outside counsel on specific legal matters.
- Select, manage, develop, and evaluate staff to ensure the efficient operation of department. Guide and direct the performance and professional development of the department staff.
- Prepare, monitor, and assure departmental adherence to budgets, expenditure guidelines, and non-dues revenue goals. Balance cost containment, with member satisfaction a high priority.
- Ensure compliance with applicable laws and regulations governing Association activities, including antitrust activities. Keep informed regarding national economic, political, and governmental matters and advise staff on factors of importance to Association operations.
- Create a high performing organization through a culture of collaboration, positive work environment, autonomy and accountability, professional development, and operational excellence.
Impact on Organization Mission, Vision, Strategies
This role has significant impact on the image, quality, and effectiveness of PCA, the Board, and PCA members with respect to ensuring trust and confidence in sound financial, program, and risk management. The incumbent has a high level of exposure associated with and responsibility in managing the company’s financial assets. Position scope includes directing an administrative/professional staff of 2-3 and strategically partnering with other leadership roles to develop plans and programs that will ensure efficient operations and achievement of business and committee level objectives. The incumbent will utilize critical communication skills through daily contact with Executive staff, functional leadership, department leadership and staff of all levels and will define strategic goals in accordance with overall Board guidance.
The VP Finance reports to the Chief Operating Officer of PCA. The position has supervision of a professional, and administrative staff of 2-3 employees.
Essential Skills and Experience
- Bachelor’s degree plus 10 years of experience including finance, accounting, audit, financial and risk management. CPA certification required.
- At least 5 years of management experience providing leadership and interface with executive levels and with a Boards of Directors.
- Experience managing people, organization, annual plans, budgets, reporting and advising/influencing senior level corporate executives.
- Understanding of trade association and industry operations or other not-for-profit organization is preferred.
- Ability to team with C-Suite and other leaders to build and oversee a budget that aligns to strategic imperatives. Steward resources to ensure PCA maintains fiduciary and legal responsibilities as a non-profit organization.
- Knowledge of accepted financial, audit, and accounting standards required; ability to perform ROI analysis and develop business plans.
- High-level management skills in coaching and facilitating business competency, business acumen, customer awareness, problem-solving, analytical, editorial, leadership, and organizational skills commensurate to level at which responsibilities are performed.
- Verbal and written communication skills at a level commensurate with responsibilities in order to create clear, concise, and effective presentations and reports to all levels internal and external to the association, including the Board.
- Ability to persuasively communicate complex concepts and programs at the highest levels; ability to lead and facilitate committees.
- Ability to use software and database applications in performance of responsibilities.
- Ability to lead, facilitate, and mentor individuals and teams.
- Ability to multi-task and manage multiple projects to meet deadlines.
Working conditions entail normal office environmental conditions. The position includes approximately 10% travel, including travel and meetings on weekends and evenings.
This position description describes the general nature of the position. The above information is not intended to be a complete list of all responsibilities and cover every aspect of the position. Additional responsibilities and elements of the description may be added, changed or deleted by management at any time either in writing or verbally.
To apply, submit a cover letter and resume to HRMailbox@cement.org.