Huntington Medical Research Institutes
Title: Vice President of Finance and Accounting
Huntington Medical Research Institutes (HMRI), founded in 1952, is an independent, nonprofit, public-benefit organization with the mission to improve lives through patient-focused research.
Dedicated to enhancing knowledge of diseases in order to improve health and save lives, for six decades HMRI has been making biomedical discoveries and developments that have set new precedents in medical knowledge across the nation and around the world.
HMRI conducts internationally recognized research in the areas of neuroscience (migraine, Alzheimer’s, traumatic brain injury), cardiovascular (heart attack, chronic heart disease), clinical research (hepatitis, liver cancer, colorectal cancer, and pelvic floor disorders) and advanced imaging research. In 2018, the organization moved into a new $30 million, 35,000-square-foot world-class research facility in Pasadena. HMRI currently has an annual operating budget of approximately $8 million with over $60 million in assets and a staff of 50 employees.
For more information, please visit www.hmri.org.
The Vice President of Finance and Accounting is responsible for leading the finance, accounting, and audit support functions for HMRI, assuring that the right structures, people, tools and strategies are in place. Reporting to the Chief Executive Officer and supervising a staff of three, the Vice President is a key advisor to the Board of Directors and Board Committees and is a key contributor to the formulation and execution of the organization’s long-term strategic plan.
Providing both strategic and hands-on leadership, the Vice President is responsible for financial strategy decisions, oversees budgeting, financial modeling and analysis, accounting practices and procedures, and all borrowing, investing and cash management functions. In addition, the Vice President maintains HMRI’s relationships with financial and investment institutions and formulates and executes financing strategies to meet capital and operational funding requirements.
TRAITS AND CHARACTERISTICS DESIRED:
The successful candidate will be a strategic and self-motivated leader and an effective manager and collaborator with excellent communication skills, both oral and written. Exceptional analytic, strategic planning, and organizational skills are required, as is the ability to develop and implement clear goals, systems and priorities. Accounting and financial expertise, outstanding analytic and problem-solving abilities, and strong interpersonal skills are expected. The successful candidate should enjoy working as part of a team and must be comfortable in an environment that encourages and values collegiality, transparency and open feedback. The Vice President must be a strong, mentoring manager and colleague and must have a strong sense of personal integrity.
The Board of Directors deserves and requires timely, accurate and cogent financial information to support the Board’s fiduciary and strategic responsibilities. Working closely with the CEO, the Vice President will play a lead role in preparing the financial reports, analyses and plans required by the Board. As such, the successful candidate must possess the skills and temperament to be an effective oral and written presenter in the context of supporting a sophisticated Board.
CAREER TRACK LEADING TO THIS POSITION:
Preferred candidates will have a minimum of ten years in increasingly responsible management positions in the field of accounting and finance; preferably with some experience in a research, academic medical or health care environment with regular direct CEO and Board interaction. A strong understanding of accounting and financial systems, including experience evaluating, selecting, implementing and managing ERP/CRM systems is highly desired. The ideal candidate will have prior experience with nonprofit accounting in accordance with US Generally Accepted Accounting Principles, OMB Circulars A-133, A-110 and A-122, TANG program regulations and compliance requirements, grant accounting and appropriate Code of Federal Regulations sections. A demonstrated track record of strategic financial planning, financial and investment management, and cash flow management is required.
A Bachelor’s degree is required, preferably with a focus on Finance/Accounting; an MBA is preferred.
Annual compensation will be competitive, and a comprehensive benefits package will be provided.