Director, Financial Planning, Reporting and Budgeting

Job DetailsJob LocationAmerican Psychiatric Association HQ - Washington, DCPosition TypeFull TimeEducation Level4 Year DegreeJob CategoryFinanceDescriptionPosition SummaryThis position plays a key leadership role in our Finance Department and the organization. This role will support senior stakeholders to forecast future needs using a long-term planning process and make informed decisions that improve company performance.The Director, Financial Planning, Reporting and Budgeting, is responsible for leading and managing all reporting and budgeting functions throughout the organization. Duties include overseeing the annual planning and budgeting process and translating strategic operating goals into financial and performance targets. For this role we seek a collaborative partner, a decisive and influential communicator, and an analytically oriented finance leader. This individual will interact at the leadership level and guide the network of Business and Operations professionals across all departments in the organizations. This is a hybrid position based in Washington, DC, and reports to the Chief Financial Officer (CFO).ESSENTIAL DUTIES AND RESPOSIBILITIES Lead the organization-wide budgeting, forecasting, long-term planning, implementation and business strategic analysis. This includes conducting financial analysis, modeling, and forecasting reports to ensure efficient financial operations.Ensure the appropriate levels of cross-organization coordination of the annual planning and budgeting process through effective communication, integration of business processes in operations, technical design, and administrative support functions. Present updates to the Chief Financial Officer to ensure timely and efficient decision-making support. Be the "trusted advisor" to the CFO for confidential cross functional resource allocation strategies and analytics.Act as finance business partner with department heads, advising leadership about resource utilization, modeling performance scenarios, and guiding them through the annual planning and budgeting process.Provide strategic subject matter expert-level input to the upcoming review of operation and financial planning tools, ensuring that the organization's future global requirements are incorporated into the recommendation.Manage the accounting software system, Sage Intacct, to ensure alliance with budget process.Liaise with our budget software vendor to ensure appropriate cost-effective levels of support to implement enhancements to the budget system as needed.Design and implement dynamic and flexible projectionforecasting processes that enhance the timely allocation of resources, including achievement of annual budget goals, performance trends in expense and revenue, and drivers of performance variance vs budgets and prior years.Identify and train staff in effective budgeting and forecasting procedures. Develop system-based analytic models that explore new and ongoing issues about organization-wide performance, including risk and opportunity-based scenarios, budget accuracy, staff program and organization efficiencies, and long-term trend performance for visibility to the Chief Financial Officer to make strategic business decisions that inform the Board of TrusteesInterpret financial data to identify trends and potential problems that may affect the organization's financial health.Prepare and distribution of financial statements, coordinate with external auditors, and identify areas for improvement in the reporting process.Ensure that financial reports, filings, and documentation comply with the organization policies, professional standards, and GAAP reporting guidelines.Meet with department leaders monthly to review financial reports and complete forecast Supervise the Senior Manager of Financial Planning and Budgeting position and the duties of that roleOversee all financial reporting activities, ensuring accuracy and compliance with regulatory requirementsManage projects and provide ad-hoc financial analyses to support the Chief Financial OfficerPerforms other duties as PETENCIESThe Director of Financial Planning, Reporting and Budgeting's performance on these duties and responsibilities will be measured using the following competencies:SCOPE & IMPACTOversees a team or project within a program or departmentApplies knowledge and experience to achieve the goals and objectives of the program or departmentCoordinates project work and ensures completion within established time frameParticipates in the strategic planning for the program or departmentDemonstrates mastery of skills and techniques utilized in the department or programSuccess is frequently measured by metrics associated with completing department or program projects or initiatives and demonstrating highly-complex and nuanced organizational work environment behaviorsCOMPLEXITY, PROBLEM SOLVING & DECISION-MAKINGExercises significant latitude in making decisions in the application of a body of policies, precedents, and guidelinesConsults with senior leadership for decisions involving major policy or budgetary issuesMay be responsible for developing and monitoring income and expense budgets for assigned areaIdentifies novel and complex problems and issuesProblem analyses include reviewing alternative solutions with likely outcomesIndependent judgements are made within defined practices of the Association. Management approval is required for solution designs outside of APA's defined practicesRELATIONSHIP MANAGEMENT & AUTHORITYRelationships span levels internally and externally and center on the ability to build trust to further long-term working relationshipsStrong diplomatic skills and innovation are used to influence others, resolve problems, manage projects, or achieve appropriate solutionsSignificant and frequent contact with outside organizations, consultants, vendors, and other organizational partnersORGANIZATIONAL KNOWLEDGEDemonstrates a detailed knowledge of the department's or program's processes, relationships, and responsibilities as well as the department's interactions within the organizationSUPERVISIONDirectly manages employeesQualifications REQUIRED SKILLS, EXPERIENCE, AND QUALIFICATIONSBachelor's degree in accounting, or finance, with a minimum of 10 years of experience; OR a relevant MBA degreeCPA.10 years of professional experience with 5-7 years of experience in Financial Planning & Budgeting, preferably including a management role in the not-for-profit sector3+ years in leading organization-wide planning and budgeting, including translation of goals into targets, framing executive level critical resource allocation decision making, and enabling transparent and efficient budgeting to build and assign accountability for results.Ability to create and manage organizations budgets.Prior experience ensuring that budgeting systems are efficient, current and align with performance reporting to address diverse operating and management audience needs.Track record of leading change management initiatives with significant organizational impact.Prior success influencing and building relationships with leadership teams and colleagues in multiple departments, including Publication and Membership.Proven supervisory experience and effectiveness in a matrix environment.Expert skill levels in Microsoft Office Suite such as Excel, PowerPoint and high-impact graphics software (e.g., Tableau)Demonstrated effectiveness in a fast-paced, mission driven growth-oriented organization, requiring flexibility and adaptability to changing organization priorities.Demonstrated influence, communication, and presentation skills.Proven track record of managing projects and achieving results.Excellent verbal and written communication skills Ability to juggle multiple priorities simultaneously and take initiative.Excellent managerial skills.Exceptional organizational skills and attention to detail.Thorough understanding of budgetary and accounting principles, practices, and policies.Excellent managerial skills and ability to evaluate the work of others.Working knowledge of organizations' applicable financial practices and procedures, as well as a thorough understanding of sales tax, state and federal tax rules and regulations.EOE, including disabilityvetsSalary-$135,400-$154,300

Created: 2025-03-01