The American Society of Travel Advisors (ASTA) seeks an effective leader with strategic vision, sales and membership management experience and proven problem-solving skills.
SUMMARY OF POSITION
The Vice President of Finance is responsible for overseeing the organization’s financial performance against both the annual budget and the company’s long-term strategy. This includes developing tools and systems to provide timely and critical financial and operational information to the CEO and make actional recommendations on both strategy and operations.
Serve as a member of ASTA’s executive leadership team
Participate in key decisions pertaining to strategic initiatives, operating model and operational execution
Engage the Board of Directors and its Finance Committees around issues, trends, and changes in the financial performance and outlook of the Association.
Assist in establishing yearly objectives and in selecting and engaging outside consultants (auditors, investment advisors, etc.).
Oversee long-term budgetary planning and cost management efforts in alignment with the nonprofit strategic plan of ASTA, especially as the organization considers sponsorships, potential acquisitions, and collaborations with other organizations.
Financial Planning and Analysis
Prepare and maintain regular financial planning reports, monthly profit and loss forecasts by function (vs. budget).
Complete analysis of financial results; develop recommendations (strategic and tactical).
Develop and execute analysis of various proposed business initiatives.
Develop and maintain capital budget.
Assist in development of financial planning and analysis exercises/reports.
Finance and Accounting Activities
Oversee cash flow planning and ensure availability of funds as needed.
Oversee cash, investment, and asset management.
Oversee financing strategies and activities and banking relationships.
Develop and utilize forward-looking, predictive models and activity-based financial analyses to provide insight into the organization’s operations and business plans.
Oversee preparation of month-end, quarter-end and year-end financial statements.
Oversee A/R management and provide support to collections activities.
Review all month-end closing activities including general ledger maintenance, balance sheet reconciliations and corporate/overhead cost allocation
Enhance and implement financial and accounting systems, processes, tools and control systems.
Serve as final point of escalation for Accounts Receivable/Accounts Payable issues.
Planning, Policy, and Investor Relations
Coordinate the development and monitoring of budgets.
Develop financial business plans and forecasts.
Participate in corporate policy development as a member of the senior management team.
Represent the company to financial partners, including financial institutions, auditors, etc.
Remain up-to-date on nonprofit audit best practices and state and federal law regarding nonprofit operations.
Accounting and Administration
Oversee and manage the accounting department to ensure proper maintenance of all accounting systems and function.
Ensure maintenance of appropriate internal controls and financial procedures.
Coordinate audits and proper filing of tax returns.
Ensure legal and regulatory compliance regarding all financial functions.
Manage the company’s insurance policies.
Mentor and develop a direct team of three, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.
EDUCATION & EXPERIENCE
A bachelor’s degree is required; a CPA and/or MBA is desirable.
5+ years of relevant experience, preferably in a nonprofit organization with a budget of at least $5 million.
Experience working with information technology staff to manage the department’s finance and accounting software packages.
Excellent written and oral communication skills.
Demonstrated leadership ability, team management, and interpersonal skills.
Excellent analytical and abstract reasoning skills, plus excellent organization skills.
Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of creative financial management strategies.
Significant experience in or knowledge of nonprofit accounting, including 501(c)(6) and Unrelated Business Income, compliance, and reporting.
ASTA offers a generous benefits package that includes company-subsidized insurance (medical, dental, vision, life, and long and short-term disability insurance); paid time off, a 401(k) Plan with employer match, fitness room, commuter benefits, and free parking.
HOW TO APPLY:
Interested applicants should send a resume, cover letter and salary requirements to resumes@asta(dot)org with "Vice President, Finance" in the subject line. Applications will be accepted until the position is filled; interested applicants are encouraged to apply immediately. Please, no phone calls, emails or recruiters.
Individual must be in the Washington D.C., Virginia, Maryland area and able to commute to ASTA’s headquarters in Alexandria, VA
About American Society of Travel Advisors
The American Society of Travel Advisors (ASTA) is the trade association for the travel agency community. ASTA’s mission is to promote and defend the industry through proactive representation, shared knowledge and the advancement of professionalism. As a membership organization, ASTA’s network of travel professionals expands beyond the agency community and includes the companies whose products and services they sell.