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Director, Financial Service Center

Acog
Washington, DC Full Time
POSTED ON 2/19/2025
AVAILABLE BEFORE 5/15/2025

Overview

The Director, Financial Service Center directs the day-to-day operations of the Financial Services Center (FSC). Responsible for the accounting and financial service functions for ACOG’s 80 district and section cost centers, including the management of procurement, financial reporting, revenue recognition, and budgeting. Analyze financial information and reports to provide accurate and timely financial recommendations for decision making purposes. Establish and maintain effective working relationships with district and section officials, members, and volunteers.

Cover Letter Required

Note : This position is considered Hybrid and will need to commute to ACOG's office located in Washington, D.C.

Responsibilities

Supervisory Responsibilities :

This position does have direct supervisory responsibilities, which may include serving as a coach and mentor for those they supervise.

Duties / Responsibilities :

  • Prepare monthly financial statements for districts and sections of ACOG.
  • Prepare monthly bank reconciliations and journal entries related to monthly closing including cash, investments, intercompany, dues, and various accruals.
  • Review deposits and cash receipts entered in accounting software.
  • Train treasures and other officers on the use of Concur for expense reimbursements and invoices.
  • Review and approve all expenses for Districts and Sections.
  • Prepare annual budget materials for districts and sections in collaboration with district and section treasurers, including the review of budgets for annual district meetings with the Meetings department.
  • Lead the planning and present at the Semiannual Treasurers Conferences to train new district and section officers in their duties as fiduciaries of ACOG.
  • Administer endowment funds maintained by the College’s districts and sections, including reconciliation and reporting of endowment activity. Assist district and section officers with budgeting for use of funds based on the fund purpose and with the set-up of new endowment funds as needed.
  • Prepare Best Practices manual annually, a compendium of financial information related to the operations of the College’s districts and sections.
  • Serve as the financial advisor in the planning of annual district meetings, including contract negotiations, budget preparation, and monitoring revenue and expenses prior to meetings to prevent significant financial losses.
  • Develop positive working relationships to foster a collaborative environment for district and section financial coordination and oversight.
  • Provide leadership, direction, and management of staff, including fostering a welcoming and inclusive environment through supervising staff, providing feedback, coaching, support, mentoring, performance management, and training and development opportunities as appropriate.
  • Perform other duties as assigned.

Qualifications

Required Skills / Abilities :

  • Must have budget management experience.
  • Knowledge of accounting principles and tax law related to not-for-profit organizations.
  • Ability to interact positively with member / volunteer officers in management of their district and section financial affairs.
  • Knowledge of Sage Intacct preferred.
  • Advanced Microsoft Excel and PowerPoint skills. Adaptive Insights skills preferred.
  • Ability to think creatively, highly driven, and self-motivated.
  • Ability to travel.
  • Education and Experience :

  • Bachelor’s degree in Accounting, Finance, or similar field.
  • 10 years of related work experience required.
  • 5 years of supervisory experience related.
  • About ACOG

    When you become part of the ACOG team, you are part of an organization that values communicating evidence-based, peer-reviewed information about women’s health to members and the general public. ACOG supports its members by maintaining authoritative clinical guidance, providing continuing medical education resources, patient education materials and more. Together with our members, we are working to transform the future of health by delivering a compelling member experience, supporting the ob-gyn profession, and advocating for improved health for all people seeking obstetric and gynecologic care, their families, and communities.

    Compensation

    The base salary for this position is $125,000 - $135,000 per year, commensurate with experience and qualifications. In addition, ACOG offers a comprehensive benefits package that includes the perks outlined below.

    Our Perks

    Paid Parental Leave – Breastfeeding Friendly Workplace – Flexible work schedule – Commuting Allowance – Generous Paid Time Off – Holiday Pay – Life Insurance – Community Volunteering Opportunities – Generous 401(k) Company Contributions – Medical, Dental, and Vision Insurance – Learning Opportunities and Tuition Reimbursement – Company-Sponsored Team Outings – and more!

    ACOG is an EEO employer committed to providing equal employment opportunities to all applicants and employees. As a federal government contractor and in accordance with applicable laws, regulations, and Executive Orders, the College takes affirmative action to ensure that applicants and employees covered are not discriminated against because of their race, color, religion, national origin, sex (gender), age, disability, pregnancy, marital status, sexual orientation, personal appearance, gender identity or expression, family responsibilities, political affiliation, veteran status, genetic information, or any other characteristic that is protected by applicable law. For more information about your equal employment opportunity rights, please view this poster : EEO is the Law. The College also participates in E-Verify.

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    Salary : $125,000 - $135,000

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