Vice President, Finance, and Treasurer

Aerospace Industries Association (AIA)

Department: Office of the President

Date: August 31,2021

To learn more about AIA, please visit: https://www.aia-aerospace.org/about-aia/

 

Position Summary:

This position is responsible for leading the accounting and financial functions and serving as treasurer.  Also serves the same functions for two affiliated corporations:  the National Center for Advanced Technologies (NCAT) and the National Institute for Aerospace Studies and Services (NIASS). This position has full responsibility for all aspects of financial management and reporting for each organization and directs the accounting and finance department. Reporting directly to this position are the Director of Financial Services and all of the outsourced financial and accounting services.

The incumbent provides advice and guidance to all association vice presidents and division directors in the operation of AIA programs. Serves as staff liaison to one standing board committee:  Finance Committee.  Informs members of the Committee of their responsibilities; develops criteria for selection of nominees and answers questions about the selection process. Meets with Finance Committee, the COO and CEO/President to review investments, budget, and other financial matters; participates in committee deliberations.

This position reports directly to the Chief Operating Office but directly interacts with the CEO/President and with the division Vice Presidents.

 

Core Duties and Responsibilities:

This position is responsible for managing the Association’s business operations and for the efficient management of several central administrative functions and services including financial services, accounting, purchasing and acquisition, contract management, payroll, rental and lease management, and corporate financial records.  The incumbent provides advice and guidance to all association vice presidents and division directors in the operation of AIA programs.

Specific responsibilities include:

  • Serves as staff liaison to one standing board committee: Finance Committee.  Informs members of the Finance Committee of their responsibilities; and answers questions about AIA financial situation.  Prepares committee reports and communicates results to members.
  • Ensures financial well-being of the organization by providing financial projections and accounting services, preparing growth plans, and directing staff.
  • Develops and implements finance organizational strategies by contributing financial and accounting information, analysis, and recommendations to strategic thinking and direction and establishing functional objectives in line with organizational objectives.
  • Establishes finance operational strategies by evaluating trends; establishing critical measurements; determining production, productivity, quality, and customer-service strategies; designing systems; accumulating resources; resolving problems; and implementing change.
  • Develops organization efficiencies by identifying opportunities for improvement, cost reduction, and systems enhancement; and accumulating capital to fund expansion.
  • Develops financial strategies by forecasting capital, facilities, and staff requirements; identifying monetary resources; and developing action plans.
  • Monitors financial performance by measuring and analyzing results, initiating corrective actions, and minimizing the impact of variances.
  • Maximizes return on invested funds by identifying investment opportunities and maintaining relationships with the investment community.
  • Reports financial status by developing forecasts, reporting results, analyzing variances, and developing improvements.
  • Updates job knowledge by remaining aware of new regulations, participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
  • Develops relationships with member companies to further AIA strategic financial and business goals.

Desired Competencies:

  • Financial planning and strategy
  • Strategic planning and vision
  • Quality management
  • Promotion of process improvement
  • Forecasting
  • Corporate finance; non-profit finance a plus
  • Budget development
  • Risk management
  • Payroll processing review and approval

 

Qualifications and Experience:

Desired Qualifications:

  • Excellent business writing skills with an ability to communicate in written form to different audiences with minimal oversight
  • Excellent oral presentation skills with an ability to communicate to different audiences with minimal oversignt
  • Minimum 10 years’ experience in accounting and financial management practices.
  • Experience in a senior management position.
  • Proficiency with accounting software, word processing, and spreadsheets.
  • Solid GAAP and financial reporting technical skills.
  • Knowledge of contracting and terms, contract review, and approval.
  • Experience in the oversight of business insurance and risk management.

Education:

  • MBA or bachelor’s degree in business, finance, accounting, or equivalent experience.
  • Master’s degree preferred.
  • Certified Public Accountant certification a plus.

To Apply, please send the following documents to jobs@aia-aerospace.org:

  • Resume
  • Cover Letter

AIA is proud to be committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity/expression or Veteran status. Consistent with these policies, we strongly believe that diversity contributes to a broader collective perspective that will consistently lead to a better organization and better results. We are working hard to increase the diversity of our team wherever we can and we actively encourage everyone to consider becoming a part of it.