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- Vice President, Finance G Administration
Description
Job Title: Vice President, Finance G Administration
Department: General and Administrative
Reports To: Executive Director C CEO
Location: Hybrid: Individual resides within commuting distance from our global headquarters in Washington, D.C, and is in the office 2 days per week.
Travel: 15-20% travel to conferences and industry networking events. This may include, but is not limited to, attendance at approximately 3 conferences per year (each 3-5 consecutive days) as well as additional industry events or member office visits.
Supervisory Responsibilities: 2 direct reports
Job Type: Full-Time
Fair Labor Standards Act Status: Exempt
About International Bridge, Tunnel G Turnpike Association (IBTTA)
The International Bridge, Tunnel C Turnpike Association (IBTTA) is the worldwide association for the owners and operators of toll facilities and the businesses that serve them. Founded in 1932, IBTTA has members in 20 countries on six continents. Through advocacy, thought leadership and education, members are implementing state-of-the- art, innovative user-based transportation financing solutions to address the critical infrastructure challenges of the 21st Century.
Position Overview
The VP ensures integrity, transparency, and accountability in the IBTTA operations, develops the financial and accounts programs and procedures, safeguards the IBTTA’s financial and non-financial resources, and ensures establishment and maintenance of adequate systems of internal controls and adherence to financial policies. The VP will oversee the data products strategy, ensuring new product pipelines for IBTTA.
Reporting directly to the Executive Director C CEO, our VP directs and manages finances, operations, and data products to support IBTTA’s short and long-term strategic goals. The VP oversees an operating budget of approximately $8-8.5 M annually. The VP will promote and implement financial excellence throughout the association, providing financial planning, budget oversight, and accurate reporting to the leadership team and the Board.
Key Responsibilities
Strategic
- Partner with the Executive Director/CEO and Executive Leadership Team on strategic planning to achieve IBTTA's mission
- Serve as a staff liaison for the Finance Standing Committee, Investment Subcommittee, and Audit Committee.
- Provide business and operational analysis, strategic insight, and tactical financial support as a thought partner and trusted advisor.
Financial Management
- Oversee the annual finance planning/budgeting processes and prepare the annual operating budget in accordance with GAAP. Work with Executive Leadership team, staff, and board to develop/implement program and organizational budgets, providing financial insight into growth plans and initiatives.
- Monitor, interpret, and present financial results of operations and programs each month, ensuring consistent financial forecasting is conducted.
- Manage and direct IBTTA's cash flow and investment portfolio consistent with IBTTA policies and in collaboration with external advisor.
- Coordinate the annual audit with an external auditor.
- Ensure tax forms are properly prepared and timely filed
- Create dashboards and performance metrics (KPIs) to monitor business health and support proactive decision-making. Partner with business unit leaders to align financial plans with operational goals and key initiatives.
- Direct and monitor the daily operations of the accounting staff and maintain the systems of internal accounting controls.
- Coordinate and complete the full month-end/year-end accounting cycles, including all financial systems – AR, AP, GL, payroll, etc.
- Supervise the accounting staff and oversee accounts receivable and payable
- Manage payroll process, payroll liabilities, and benefits including PTO accrual and retirement plans.
Administration
- Negotiate/manage project-related contracts with consultants, contractors, and suppliers.
- Oversee licensing, reporting, annual property tax exemptions, insurance, and reporting requirements.
- Serve as Administrator for employee benefits plans for IBTTA. Monitor performance and compliance of retirement, medical, dental, life, and all other benefits.
- Serve as Administrator for all business and meeting insurances.
- Serve as on staff human resources professional.
- Orient new staff members on internal financial procedures.
- Maintain Employee Handbook, Benefits Manual, and Continuity of Operations plan (COOP).
- Oversee the physical plant with staff including relationship with property manager building owner
- Manage outsourced services including tech support.
- Oversee insurance, maintenance, and various other matters regarding the office facilities in Washington DC.
ualifications
- CPA designation preferred. Minimum 10 years' experience in accounting/ financial management with 2-4 years in non-profits.
- Bachelor's degree in accounting or related field, or equivalent experience, required.
- Knowledge of Financial Accounting Standards as promulgated by the American Institute of Certified Public Accountants and as relevant to not-for-profit organizations.
- Human Resource and Benefits Administration experience preferred.
- Ability to think strategically, anticipate future consequences and trends and incorporate them into organizational planning.
- Ability to think creatively about staffing and organizational structure.
- Exceptional project management skills with strong orientation to achieving results.
- Superior organizational and people management skills. Able to influence and engage direct and indirect reports and peers, coach staff, develop high performing teams, and hold those teams accountable to get results.
- Experience with Association Management Systems and Sage lntacct a plus.
Key Competencies
- Outstanding communication skills
- Executive presence
- Strategic thinker
- Problem-solver/solution-oriented
- Analytical and data-driven decision-making
- Consultative selling and marketing acumen
- Project and program management
- Collaboration and cross-functional communication
Work Environment G Physical Requirements
- Travel domestically and occasionally internationally to represent the Association at meetings, conferences, and other events as needed. Travel may involve air transportation and extended periods away from home, including overnight stays. Travel may also require flexible scheduling, including weekends.
- Regularly use a computer, telephone, and other standard office equipment to communicate effectively.
- Assist with event and office logistics, including lifting or moving items up to 25 pounds, as needed.
- Maintain regular and predictable attendance and availability during standard business hours, with flexibility for events and event preparation.
Compensation, Benefits, and Perks
- Base salary: $200,000-$225,000. Initial placement within this salary range is based on an individual's relevant knowledge, skills, and experience for the position.
- Comprehensive employee benefits package including 100% employer paid health, dental, and vision insurance
- 401(k) plan with employer match
- Parental Leave for eligible teammates
- Professional development opportunities
- Hybrid work environment
Interested candidates should submit a resume outlining their qualifications and experience to recruiting@ibtta.org.