This position is responsible for the strategic development and management of the entire range of finance activity, both treasury and accounting functions of the organization. The Directors of Finance is responsible for preparation and distribution of AMTA’s financial reports to the Board of Directors, AMTA’s management and departments. The Director of Finance manages the internal control structure of the organization, the Massage Therapy Foundation and the National Certification Board for Therapeutic Massage & Bodywork (NCB), while managing the relationships with financial institutions, investment advisors, auditors in collaboration with the Executive Director and Chief Operating Officer.
Directs the development and implementation of a financial plan for the control of operations. This includes development of forecasts, financial modeling and analysis, and financial projections planning for sources of revenue, expense budgets, accounts receivable, cost standards and savings opportunities, and capital investing, together with the necessary controls, policies and procedures to have a low level of risk. Directs the budget development process and works with the Finance Committee and staff leadership to assemble the final budget for recommendation to the Board of Directors.
Keeps the Board of Directors, Executive Director, Chief Operating Officer and Staff Directors informed of the organization’s financial performance and provides advice on all financial matters, including serving as financial advisor to the Executive Director while monitoring and evaluating financial and membership positions. Provides on-going support to the Board of Directors and staff leadership in financial reporting, forecasting, modeling, and cost-reduction strategies. Provides reports and interprets the results of operations to all levels of management. Ensures compliance with federal, state and local regulations. This includes the formulation of policies on banking, receipt and disbursements of funds, extension of credit, investments, fiscal and accounting matters as well as accounting policies, the preparation of financial statements and operating data, the coordination of systems and procedures, and special reports, as required.
Assures protection for the assets of the organization through internal control, internal auditing, accounting systems, asset management and ensuring proper insurance coverage. Initiate organizational cost savings and improvements by managing cash disbursements for payment of organizational expenditures, ensuring payments are made in accordance with disbursement policies, and oversee major capital expenditures. Manages the accounting function through assigned staff for maximum efficiency and security.
Responsible for the timely preparation of AMTA’s, NCB’s and the Foundation’s financial statements, grant reports, tax returns, both federal and state, and progress reports on programs and activities and oversees the preparation and execution of the Form 990 and 990t for AMTA, NCB and the MTF.
Through direct supervision of the Accounting Manager ensures the required journal entries to properly record revenues and expenses are completed accurately and on a timely basis to include payroll and related expenses, income, benefits and all other monthly entries;
Ensures that revenue generated by operations is properly recorded under the accrual method of accounting and consistent with generally accepted accounting principles;
Reviews and reconciles accounting records and subsidiary ledgers/schedules to appropriate external and internal reports and transactions. (e.g. reconciliation of fixed asset records, etc.);
Responsible for the analysis and communication of financial information to determine present performance and to forecast the future financial position of the organization as it relates to budget and current performance;
Staff liaison to the Association and Foundation Finance Committees and Association Audit Commission. In this capacity, prepares the way for national volunteer group’s charge to be completed as planned and within budget.
Provides guidance to Chapters, MTF and NCB with their budget and budgeting process upon request;
Perform all other duties as assigned.
Required Knowledge, Skills and Abilities:
Seven years total experience in a finance management role;
Seven years experience in assessing and managing risk for the organization;
Seven years supervisory experience managing one or more support staff;
Experience working in an association environment in which the association owns its chapter organizations;
Seven years experience with developing reports, system balancing and integration of accounting systems;
Ability to develop financial projections, forecasts and trend reports; strong analytical, problem solving and judgment skills;
Ability to negotiate contracts and maintain vendor/supplier relationships;
Excellent written, oral and presentation skills, including proficiency with Microsoft Word, Excel, PowerPoint and Outlook; expertise working with financial accounting systems such as SAGE 100;
Expereince with management of an organizations investments, preferred;
In addition, successful candidates at this level in the organization must exhibit the following skills and behaviors (primary factors of achievement):
Ability to analyze situations, exhibit good judgment and make sound, ethical decisions;
Ability to deliver constructive, independent thinking and accept responsibility;
Ability to collaborate, cooperate and be flexible;
Ability to direct, develop and motivate employees;
Ability to plan and manage both operations and costs;
Ability to effectively communicate in both oral and written form;
Ability to work with all AMTA customers including volunteers, members, and vendors.
Education and Experience:
A minimum of ten years recent experience in budgeting, cost accounting, financial management systems and financial analysis.
B.S. degree in Accounting or Finance, CPA required
Experience with SAGE and report writers such as Crystal Reports or similar accounting and report writing software is required,
Experience and/or knowledge of policy and procedure documentation, financial analysis, financial reporting, GAAP accounting requirements;
This position works closely with the AMTA Finance Committee, AMTA Audit Commission, AMTA Board of Directors and staff; Massage Therapy Foundation Trustees and staff; National Certification Board of Massage Therapy and Bodywork Board and staff; including teleconference and face-to-face Board meetings. This position requires some evening and weekend work. Must have the ability to travel.
The American Massage Therapy Association is devoted to serving its members while advancing the art, science and practice of massage therapy. Utlizing the talents of its professional staff these goals are achieved while offering a diverse, challenging and friendy work environment.