Director, Budget & Pensions

Posting Date: 4/4/2023

Location: Rockville, MD

Cluster/Team: Finance Cluster / Budget & Pensions Team

Coach: Chief Financial Officer

Salary Range (Non-Negotiable): $143,158 – $159,065

FLSA Exemption Status: Exempt

Description

The purpose of this position is to direct, coordinate, and administer the budget and pension operations of the Association. The incumbent is responsible for leading the process of planning the work of the budget team and ensuring the effective use of unit resources to meet major goals and objectives that have a significant impact on ASHA. The incumbent reviews, monitors, analyzes, and interprets all budget and pension reports for management to facilitate timely and effective decision making. S/he provides guidance in the technical accounting aspects of the unit's objectives and participates in the most complex projects of the unit. The incumbent manages daily budget and pension operations; assuring statutory compliance, filing and reporting; coordinating development of annual budget and development of financial forecasts; administering the defined benefit (including cash balance feature) 401(k) and 457b pension plans; providing financial liaison to the Financial Planning Board and other governance bodies, executive management, and other internal ASHA personnel. The incumbent has supervision of the budget and retirement analysts and is responsible for coaching team members through their professional growth and development.

Responsibilities

1. Manage daily budget analysis and reporting operations, including oversite of development, monitoring, and reporting of the annual budget; manage the development of variance analyses; evaluate financial resources, provide technical support to the Chief Financial Officer, and present recommendations and forecasts to the Leadership Team (Chief Executive Officer, Chief Staff Officers for Operations, and Facilitating Team); provide budget support to the Board of Directors, Financial Planning Board, Vice President for Finance, and other boards and committees.
2. Manage the preparation of monthly budget reports to be provided to internal management; analyze and prepare quarterly reports and financial projections for the Financial Planning Board and Board of Director; manage the accurate and timely development of the ASHA budget database, assuring that all data is complete, reasonable, and properly classified and documented. Coordinate with the Chief Financial Officer to conduct budget orientation and support to ASHA managers in the development of budgets for Focused Initiatives of the association.
3. Screen proposed ASHA resolutions for compliance with policies and procedures; supervise matrix prior to and subsequent to Board; serve as a resource for National Office staff who seek to write resolutions.
4. Administer the ASHA Retirement Income Plan (DB Plan), 401(k) Plan, and 457b Plan; supervise periodic discrimination testing for ASHA's 401(k) Plan, monthly contribution, loan processing and meetings of the investment feedback team; calibrate with investment manager to evaluate the ASHA 401 (k) investments to ensure investment criteria and benchmarks are met in relation to the plan's investment policy; design, coordinate, and manage a program to educate employees in basic financial concepts related to retirement planning.
5. Manage completion of annual outside audits for the ASHA Retirement Income and 401(k) pension plans.
6. Manage the preparation of Internal Revenue Service Form 5500s for the pension, welfare, and fringe benefit plans and the Pension Benefit Guaranty Corporation (PBGC) form for the defined benefit plan; ensure compliance with pronouncements of the Financial Accounting Standards Board (FASB), and regulations of the Internal Revenue Service, Department of Labor, and Pension Benefit Guaranty Corporation related to pension plan funding and reporting requirements; evaluate pension plan provisions, other selected functions, and provide recommendations for improvement.

Qualifications

Knowledge Typically Acquired Through

• Baccalaureate degree in accounting; graduate business degree and/or CPA preferred.
• Demonstrated knowledge in financial operations and management of retirement plans acquired through 8–10 years of progressively responsible experience (not-for-profit experience preferred) including 4 years supervisory experience.

Scope and Depth of Technical Skills/Knowledge

• Development and management of large budgets (i.e., $70 million).
• Demonstrated knowledge of ERISA, DOL regulations and GAAP guidelines
• Demonstrated ability to understand the Internal Revenue Code (IRC) and how it applies to pension plans.
• Advanced knowledge and experience with spreadsheets, PowerPoint, and SharePoint applications
• Demonstrated skills in financial long-range planning.
• Excellent analytical and problem-solving skills.
• Working knowledge of Windows based software applications

Scope and Depth of Non-Technical Skills/Knowledge

• Excellent written, verbal, and interpersonal skills
• Demonstrated ability to effectively organize, plan, set priorities, manage time, and meet multiple deadlines under pressure.