Institute for Medical Research at the Durham VA Health Care System

　　Chief Financial Officer

　　The Institute for Medical Research (IMR) is looking for a full time Chief Financial Officer. The IMR, a non-profit corporation established in 1989, conducts and supports research and educational activities in collaboration with the Durham VA Health Care System with funds from private companies, governmental agencies, foundations, and academic institutions. In 1988, Congress authorized the VA medical centers to establish Nonprofit Corporations (NPCs) to serve as “flexible funding mechanisms for the conduct of approved research and education.” For more information visit www.imr.org.

　　Objective: The Chief Financial Officer is a critically important member of the management team who will manage, oversee and report on all financial and accounting activities. The desired candidate will have a proven track record of growth and development, and most importantly, will have demonstrated principled, ethical leadership throughout their career. IMR currently employs some 180 individuals and manages roughly $7 million in research funding.

　　Location: This position is primarily in-office with option to work remotely one day per week. This position is located in Durham, North Carolina and candidates must be willing to relocate prior to start date.

　　Duties and Responsibilities:

　　Maintain sound internal controls within the NPC (Non-Profit Corporation), in accordance with the following publications and documents:

　　GAO’s (Government Accountability Office) Standards for Internal Control in the Federal Government.

　　GAAP (Generally Accepted Accounting Principles).

　　Attend all Board meetings either in person or remotely with no restrictions placed upon their reasonable access to Board Members.

　　Handle or manage all financial accounting functions, including:

　　Regular monthly financial statements to the Board and other management users.

　　Monthly budget reporting with explanations of significant variances to the Board and other management users.

　　Analyze and forecast revenues and expenses for optimal asset management.

　　Review and approve all cash disbursements - accounts payable.

　　Review and reconcile all receivables - accounts receivable.

　　Oversee cash flow and management of IMR financial assets, including liquid cash and investments.

　　Review and collaborate on IMR contracts and awards.

　　Manage salary structure, table of organization and identify issues to ensure accuracy, with awareness of performance periods and budgeted salary costs.

　　On a monthly basis, maintain and update Federal Budget Expense Comparison spreadsheets for assigned Investigators, if applicable, to prevent overspending of budgeted amounts on federally funded projects.

　　Review and notify Accounts Payable staff and Investigators of low budget amounts to prevent payment of expenses over allowed amounts.

　　Monthly reconciliation of Investigators’ project accounts to the General Ledger summary account.

　　Monthly reporting of project account details and balances to the Principal Investigators.

　　Periodic, at least annual, direct confirmation of the Principal Investigators’ project accounts and follow-up of all noted discrepancies.

　　At least monthly reporting to the Executive Director and Board of IMR’s administrative reserve and other discretionary funds not earmarked for research or education projects or Investigators’ residual accounts.

　　Plan and conduct year-end audits by the Board-selected, independent auditing firm. Support periodic selection of new auditing firms.

　　Assist Executive Director with NPPO and A133 audits and interface directly with auditing teams.

　　Prepare Schedule of Federal Expenditures (SEFA), if applicable.

　　Assist the Executive Director with preparation and submission of indirect cost rate proposals, if applicable.

　　Prepare Workers Compensation annual audits.

　　Prepare 941 Reports, to certify that accounting program balances to payroll reports.

　　Prepare and submit annual 5500 audits for certification of 403(b) activity, participation and eligibility, if applicable.

　　Interact and attend meetings as needed with Principal Investigators, study staff and other parties for continuity of process and accuracy of billing and study accounts.

　　Supervisory duties include supervision of A/P and A/R personnel.

　　Report significant internal control lapses and irregularities to IMR Board and appropriate regulatory bodies, as required by federal guidelines.

　　Periodic, at least annual, evaluation of IMR’s internal controls using NPPO tools; certify those evaluations to the IMR Board and NPPO.

　　Qualifications:

　　Bachelor's Degree in Business Administration, Accounting, Finance or related field; MBA preferred. CPA highly desirable.

　　5-10 years of experience managing financial functions for a for profit or nonprofit corporation, showing growth and increasing responsibilities during career.

　　Ability to work independently and manage multiple projects and priorities in a complex, fast-paced environment.

　　Proficient in current computer software programs including Work, Excel, SharePoint and Outlook, among others.

　　Ability to quickly learn and use fund accounting with multiple accounting software programs, including Sage/Intaact and ADP.

　　Outstanding communication skills with the ability to clearly communicate orally and in writing, as well as established presentation skills.

　　Excellent planning, prioritizing, accuracy, and organizational skills.

　　Eligible to work in the United States for any employer

　　Physical Requirements: The physical requirements and activities that are required to perform the essential functions of the position include, but may not be limited to, as follows: Must be able to occasionally lift, pull and push a minimum of pounds, stand for extended periods of time, sit for extended periods of time, squat, kneel, and stoop, regularly use fingers, hands for computer work.

　　Supervisory Controls: The position of Chief Financial Officer is under the direct supervisor of the CEO/Executive Director.

　　The prior statements describe the general nature and level of work being performed. This is not intended to be an exhaustive list of all responsibilities and duties required. Employees may be directed to perform job-related tasks other than those specifically presented in this description.

　　Salary Range : $90,000 - $125,000 per year

　　Status: Exempt

　　Start Date: Expected start date will be 4- 6 weeks after the offer but is somewhat flexible and contingent upon completion and approval of VA paperwork.

　　Employee Benefits: IMR offers a competitive benefits package which includes health, dental, vision, short- and long-term disability insurance. IMR offers a matching 403b retirement savings plan, and paid holiday, vacation, and sick leave. Please visit https://imr.org/benefits/ for information about employee benefits.

　　All IMR employees are required to obtain a Workers Without Compensation (WOC) appointment at the Durham VA Health Care System (DVAHCS). As a result, the successful candidate must undergo a federal background check and may be subject to a physical and drug test. Participation in the vaccination programs may be required for all Department of Veterans Affairs Health Care Workers Without Compensation (WOC) appointments. We will not sponsor applicants for work visas.

　　Equal Opportunity Employer, including disabled persons and Veterans.

　　Click here (https://imr.org/careers/) to apply to this position and others directly on the Institute for Medical Research Careers Page (https://imr.org/careers/) !