September 14, 2021 – Rockville, MD-based executive search firm JDG Associates has been enlisted by ACTE (the Association for Career and Technical Education) to lead its search for a new chief financial officer. ACTE, headquartered in Alexandria, VA, is the largest national association dedicated to the advancement of education that prepares youth and adults for careers.
ACTE’s CFO manages the financial and human resource functions of the association, ensuring the accuracy of all financial information and reporting, as well as the production of timely financial statement, said JDG Associates. The position also serves as a financial resource to the board of directors. The CFO develops and oversees ACTE’s budgeting process, with direct supervision of finance and accounting staff. In addition, the CFO reviews and monitors terms and conditions for all contracts, memorandums of understanding and agreements. The individual also monitors cash receipts and disbursements.
Among the specific functions of the role, the CFO is charged with actively managing the day-to-day accounting and financial operations. The financial leader prepares, analyzes and presents monthly financial reports including variance reporting. He or she must also prepare or direct preparation of reports that summarize and forecast association business activity and financial position. Managing documented accounting control systems and internal audits is essential to the role.
ACTE’s CFO oversees the operating banking activities and actively manage and project cash flow, said JDG Associates. The individual must also prepare the fiscal year budget using the budgets prepared by other departments. Other duties include managing the negotiation and execution of contracts/ MOUs/ agreements with funding sources, vendors and collaborative service providers; managing all association insurances; reviewing efficiency/effectiveness of employee benefit programs, seeking approaches to lower costs where possible and consistent with required quality levels; and providing both internal financial support for staff and external support for customers.
Candidates must have a minimum of a four-year college degree in accounting or equivalent experience; a CPA is preferred, said JDG Associates. Seven or more years as a managerial level accountant is required; association non-profit experience is preferred. Prospects should have current knowledge of and ability to apply generally accepted accounting principles, financial reporting procedures and standards. Candidates should also have knowledge of human resource-related laws, regulations and practices.
ACTE wants prospects to be proficient with office software, particularly Microsoft Office Suite and accounting software packages; proficiency in using Excel is required. Candidates should also have experience using automated accounting and database software; working knowledge of Sage Intaact and/or iMIS database software is a plus. Other qualifications include the ability to produce financial reporting easily understood by non-financial individuals; the ability to comprehend, analyze and interpret financial journals, reports and related legal documents or instructions; and a talent for managing priorities effectively to meet deadlines and demonstrate multi-tasking skills.
Founded in 1926, ACTE’s mission is to provide educational leadership in developing a competitive workforce. The organization envisions empowering educators to deliver high quality career and technical education programs that ensure all students are positioned for career success. ACTE’s membership is composed of more than 27,000 career and technical educators, administrators, researchers, guidance counselors and others involved in planning and conducting career and technical education programs at the secondary, postsecondary levels. The organization produces publications, including issue briefs on topics such as improving student literacy skills in the context of learning hands-on skills. Among ACTE’s most important roles is representing the CTE field through advocacy activities, including direct lobbying, media relations, public awareness programs that support CTE practitioners and advance the field in general, and improving student learning. ACTE has 30 full-time employees and an annual budget of $7 million.
Veteran Search Consultants
JDG Associates has been providing executive recruitment services to Fortune 1000 corporations, associations and non-profits, federal, state and local governments, research and consulting firms and defense contractors since 1973. The firm’s research-intensive process and personal approach have resulted in more than 4,000 senior-level searches across a broad spectrum of industries and disciplines in the Washington, D.C. region and nationally.
Rockville, MD-based executive search firm JDG Associates has assisted the Library of Congress in the selection of Shira Perlmutter as its Register of Copyrights. Ms. Perlmutter will step into the role in late October and will assume leadership of the organization during its 150th year. Darren DeGioia, president of the search firm, led the assignment.
“Shira brings to this role a deep knowledge of domestic and international copyright law and policy and a background in negotiating international intellectual property agreements. She has experience working with a wide range of stakeholders and finding common ground on complex issues,” said Carla Hayden, Librarian of Congress.
Darren DeGioia serves as president of JDG. He conducts senior-level search assignments for research and consulting organizations as well as the public sector. His areas of expertise include information technology, accounting and finance, the quantitative sciences, operations / general management, marketing and communications. Prior to joining JDG, Mr. DeGioia spent four years in the hospitality industry with the Four Seasons Hotels and Resorts and Sheraton Hotels.
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media