Established in 1941, The Institute of Internal Auditors (IIA) is an international professional association with global headquarters in Lake Mary, Florida, USA. The IIA is the internal audit profession's global voice, recognized authority, acknowledged leader, chief advocate, and principal educator.
The IIA is seeking a full-time Controller/Managing Director of Finance & Accounting to join our team in Lake Mary. This individual will be responsible for the day to day operations of the Finance and Accounting Department, Payroll, Treasury Management, Audit, Tax, Budgeting, and Financial Reporting for The IIA, affiliates, and supporting organizations.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.
Ensure the integrity, credibility, and timeliness of consolidated financial reporting for The IIA, affiliates, and supporting organizations.
In collaboration with the CFO, lead robust and efficient annual business planning. Prepare operating and capital budgets and forecasts for The IIA, its affiliates and supporting organizations.
Performs financial analyses on monthly and annual performance, as compared to budget and forecasts.
Performs rigorous monitoring and regular evaluation of internal controls. Initiate improvements of internal controls to ensure The Institute remains in compliance with standard generally accepted accounting principles and practices. Manage external auditor relationships and oversee and coordinate year-end audits, 401k audits, and appropriate monthly, quarterly, or annual federal and state tax filings.
Monitor the investment portfolios of The IIA and its foundation, and coordinate meetings and reporting with the Investment Committee and financial advisory vendor.
Serve as liaison to the Board of Directors, Audit Committee, Finance and Investment Committee, and Board of Trustees regarding financial matters.
Brief The IIA and affiliate supporting organizations’ internal and external stakeholders regarding financial results, forecast projections, cash flow, and investment performance; drive informed strategic direction.
Develop long-range planning and goals for The IIA and its operations.
Draft, create and maintain financial policies and procedures.
Oversee and draft accounting research memos for new projects and implementation of newly adopted accounting guidance.
Oversee and maintain capital budget for major projects and report on financial matters related to the projects.
Prepare cash flow reports for The IIA up to two years out.
Assess and mitigate key elements of The IIA’s risk profile, including oversight of all commercial and liability insurance requirements and policy maintenance and renewals.
Oversee and manage banking relationships, treasury function, credit and collections, and cash management through regular process assessments.
Direct the installation and maintenance of new accounting, timekeeping, payroll, inventory, property, and other related procedures and controls.
Establish system controls for new financial systems and develop procedures to improve existing systems.
Review financial statements with management personnel.
Oversee the management and direction of the performance, recruitment, retention, and development of the finance staff and confer with direct reports to establish responsibilities and procedures for attaining objectives that contribute to improved cost, quality, and competitive position in the marketplace.
Assure that a positive employee relations position is maintained. Assure that effective communications occur within the areas of responsibility. Conduct employee discussions at regular and frequent intervals.
Ensure optimal performance of the financial function. Work with all levels of the organization to eliminate waste and variability and identify opportunities to automate processes. Be an ambassador for process improvement.
Manages two directors who supervise 10 employees in the General Accounting, Revenue Accounting, and Financial Reporting departments and Payroll. Responsible for the overall direction, coordination, and evaluation of these units. Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints, and resolving problems.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience Four-year bachelor's degree in Accounting or Finance. Master’s degree or fifth-year college or university program is preferred. Ten+ years of experience showing increasing responsibilities. Association management experience needed. Experience with digital transformation is also preferred. Experience with an international organization would be an asset to The IIA and its global goals.
The Institute of Internal Auditors provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
About The Institute of Internal Auditors
About The IIA
Established in 1941, The Institute of Internal Auditors (IIA) is an international professional association with global headquarters in Lake Mary, Florida, USA. The IIA is the internal audit profession's global voice, recognized authority, acknowledged leader, chief advocate, and principal educator. Generally, members work in internal auditing, risk management, governance, internal control, information technology audit, education, and security.
Globally, The IIA has more than 200,000 members. The IIA in North America comprises 159 chapters serving more than 70,000 members in the United States, Canada, the Caribbean (Aruba, Bahamas, Barbados, Cayman Islands, Curacao, Jamaica, Puerto Rico, and Turks & Caicos), Bermuda, and Trinidad & Tobago. Members enjoy benefits offered by the North American Service Center including local, national, and global professional networking; world-class training; certification; standards and guidance; research; executive development; career opportunities; and more. IIA members throughout North America enjoy free members-only webinars and member savings on national conferences such as the General Audit Management (GAM) and All Star Confere...nces. The IIA’s Audit Executive Center provides chief audit executives relevant and timely thought leadership and connections to peers for benchmarking and sharing best practices. And resources such as IIA Quality Services make The Institute an indispensable partner to you and your organization.
The mission of The Institute of Internal Auditors is to provide dynamic leadership for the global profession of internal auditing. Activities in support of this mission will include, but will not be limited to:
- Advocating and promoting the value internal audit professionals add to their organizations.
- Providing comprehensive professional educational and development opportunities, standards and other professional practice guidance, and certification programs.
- Researching, disseminaing, and promoting knowledge concerning internal auditing and its appropriate role in control, risk management, and governance to practitioners and stakeholders.
- Educating practitioners and other relevant audiences on best practices in internal auditing.
- Bringing together internal auditors from all countries to share information and experiences.