Job Details


Requisition Number 18-0075
Post Date 4/3/2019
Title Chief Financial Officer
Division Administration
PT/FT Full Time
City Washington
State DC
Description

Our Mission

The PCAOB oversees the audits of public companies and SEC-registered brokers and dealers in order to protect investors and further the public interest in the preparation of informative, accurate, and independent audit reports.

Job Description Summary

The Chief Financial Officer (CFO) position is located in the Washington, DC headquarters office and will be a central leadership role within the Office of Administration (OA).  The CFO reports to the Chief Administrative Officer (CAO), serves as PCAOB Treasurer, and is responsible for leading the Office of Finance (OF) which includes the PCAOB’s treasury, financial reporting, funding, payroll, procurement, financial systems, travel, and internal control functions. This role will assess and develop mission critical programs, act as a change agent, and help to lead the transformation of the organization into a best in class, technological/analytical support function.

Responsibilities

  • Plan, direct, and monitor OF operations (treasury, financial reporting, funding, payroll, procurement, financial systems, travel, and internal control functions) to improve program execution, promote increased efficiency of operations and assure the appropriate utilization of resources.
  • Serves as an officer of the PCAOB in the role of Treasurer.
  • Provide periodic updates and advise the CAO, the Chairman, and the Board on financial activities and initiatives.
  • Oversee all accounts, ledgers, and reporting systems and ensure timely and accurate reporting in accordance with generally accepted accounting principles (GAAP) and other regulations, including the development of monthly cash-basis financial results and quarterly and annual financial statements 
  • Work closely with the financial reporting team to facilitate the timely completion of the PCAOB’s annual integrated audit and serve as a point of contact with the PCAOB’s external auditors.
  • Establish and maintain an effective system of internal controls over financial reporting. Present findings along with management’s assessment of internal controls over financial reporting to the CAO, the Chairman, and the Board.
  • Establish and maintain an effective cash management plan.  Ensure that cash management policies align with the organization’s risk tolerance and Board policies.
  • Work closely with Office of the CAO, the Chairman, the Board, and the divisions/offices in the formulation and execution of the PCAOB’s budget. 
  • In coordination with the PCAOB’s Office of General Counsel, ensure the PCAOB maintains appropriate insurance coverage and serve as a point of contact for the PCAOB’s insurance brokers and providers.
  • Provide strategic direction and leadership to teams on financial processes and reporting, funding, payroll, timekeeping, and other related information systems.  Work collaboratively with the Office of Information Technology to ensure systems meet the business needs.
  • Advise the CAO on opportunities to enhance finance activities/processes and work closely with the team to drive initiatives.
  • Have overall responsibility of OF administrative functions, including: information technology; risk management, compliance, and security activities; and other administrative matters.
  • Perform the full range of supervisory duties, including evaluating employee performance; making recommendations for appointment and promotion; hearing and resolving complaints; identifying development and training needs of employees within OF; and other related supervisory tasks.
  • Recruit, maintain, and develop staff consistent with business needs.                             
Requirements

Qualifications

  • Education/Technical Expertise
    • Bachelor’s degree in Accounting, Finance, or relevant discipline; Current CPA (Certified Public Accountant) license required.
    • At least 15 years of broad progressively responsible relevant experience leading a finance/accounting function and working in the public accounting industry. 
    • Strong knowledge of GAAP, PCAOB auditing standards and COSO 2013.
    • Excellent demonstrable analytical skills.
    • Ability to clearly articulate a position with sound logic and conviction. This individual must also possess a strong commitment to and reputation for ethics.
    • A self-starter able to administer a number of open, ongoing assignments at any one time, where some assignments are routinely unstructured, requiring autonomy and independent judgment. Ability to represent the organization to a variety of both internal and external constituencies.
    • Superior verbal and written communication skills.
  • Leadership/Management Skills and Abilities
    • Demonstrated commitment to leading with integrity and the ability to drive a positive “tone at the top.”
    • Proven success in building rapport, fostering effective relationships, navigating complex environments and in-depth experience with successfully harmonizing diverse and competing interests.
    • Must have exceptional emotional intelligence/interpersonal skills and be able to motivate and inspire employees at all levels of the organization to enhance team commitment and individual performance.
    • Must be able to work effectively in cross-functional teams (e.g., Human Resources, Information Technology, Office of the General Counsel), to lead and drive complex initiatives.
    • Proven ability to develop, coach, and mentor staff, providing constant feedback and clear direction.
    • Strong ability to organize effectively, delegate responsibility, solve problems quickly and communicate clearly.
    • Possess the flexibility required in order to adapt to the diverse needs of the employees within the division/office.
    • Proven effective conflict management skills.
  • Transformational/Continuous Improvement Capabilities
    • Demonstrated transformation skills that include the ability to consistently execute at a high level, drive positive change and desire to build established programs and teams.
    • Ability to foster an environment of creativity and innovation, focusing on the empowerment and support of staff through tools and continuous process improvement.
    • Demonstrated ability to think broadly and strategically, including the ability to translate long-term goals and objectives into short-term tactical plans and operational activities.
    • Ability to promote collaboration by unifying teams, setting common goals and incentivizing collaborative working.

Our Values

As we seek to accomplish our mission and implement our vision, we expect integrity, pursue excellence, operate with effectiveness, embrace collaboration, and demand accountability.

Equal Employment Opportunity

All PCAOB employees are entitled to equal opportunity and a professional work environment, free of discrimination and harassment. A workplace free of discrimination is fundamental to professional success and to the PCAOB's mission. The PCAOB will consider for employment all qualified applicants with criminal histories in a manner consistent with applicable law.

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