Chief Accounting Officer

Chief Accounting Officer

The Chief Accounting Officer (CAO) is a member of the executive leadership team and has overall responsibility for the finances and financial strategy of the Company, the various departments and entities within the Company, and all related and affiliated entities. Working as a collaborative  leader, the CAO is responsible for managing and reporting on all fiscal and fiduciary affairs of the organization, including reporting to the Board and company ownership among others; cash and investment management; budgeting and forecasting; and oversight of all aspects of the accounting department.  May be assigned oversight responsibility of other corporate functional departments.

The CFO collaborates with the President/Chief Executive Officer (CEO) and other senior staff to develop
and implement the organization’s business plan in order to meet its strategic goals. The CAO
recommends the financial strategy for reaching the organization’s goals, monitors and analyzes financial
results.

This is not a remote position and will work from the company's Gaithersburg, MD HQ.

Position Responsibilities and Duties

• Together with the President/CEO and executive leadership team, develops the strategy to ensure that the organization has the financial resources needed to achieve its current and future goals, while mitigating financial and operational risk.
• Develops and maintains effective working relationships with key financial partners including funders, investors, partners, government agencies, consultants, and vendors.
• Oversees organizational budgeting, accounting and cash management to ensure accurate reporting, interpretation and analysis of financial results in conjunction with forecasts and long- range plans.
• Manages and supports the preparation of the annual consolidated corporate audit and tax returns.
• Prepares the annual corporate consolidated financial statements.
• Prepares and files corporate personal property tax returns.
• Oversees and reviews revenue-center-level audits prepared by professional services firms.
• Establishes and maintains controls to safeguard assets; documents and recommends improvements to internal financial policies and procedures.
• Develops and completes timely financial statements and reports on transactions and/or information requests.
• Manages and monitors the organization’s cash flow and capital needs.
• Supervises the accounting staff on day-to-day operations that includes, but is not limited to, month/year end close, accounts receivable & payable, financial reporting, invoicing, cash receipts and disbursements.  May also manage one or more other corporate functional departments.

• Responsible for overall revenue-center accounting and financial reporting, including annual financial statement audits for all properties/entities.
• Oversight and supervision of the entire Accounting Department (including A/P, A/R, budgeting, treasury, staff accountants, etc.).
• Responsible for evaluation of internal controls with President/CEO.
• Guides financial decisions by establishing, monitoring and enforcing policies and procedures.
• Protects assets by establishing, monitoring and enforcing internal controls.
• Collaborates with other department leaders to develop and execute corporate strategies.
• Reviews monthly/quarterly/annual reports due to clients (e.g. owners, investors, other outside groups, joint ventures, etc.).
• Assists clients and operations personnel with comprehension of financial statements.
• Prepares compliance responses on behalf of revenue-center-entities to g