Pharmaceutical Care Management Association (PCMA) – the national association representing America’s pharmacy benefit managers is seeking a Chief Financial Officer to provide strategic financial planning and management of PCMA’s financial affairs. This position reports to PCMA’s Chief Strategy and Business Operations Officer and has managerial duties for a Director of Finance.
PCMA continues to lead the effort in promoting PBMs and the proven tools they utilize, which are recognized by consumers, employers, policymakers, and others as key drivers in lowering prescription drug costs and increasing access.
PCMA believes that organizational and employee success require a diverse, equitable, and inclusive workforce, and a culture that embraces and encourages different perspectives. We recognize the inherent value in employing a workforce with a range of experiences and it is our commitment to embrace every person’s uniqueness and to provide a professional work environment where everyone is welcome and treated with dignity and respect.
Essential Job Responsibilities:
Strategic financial planning and management of PCMA’s financial affairs including:
Hands on management of accounts payable, accounts receivable, general ledger, and bank reconciliations.
Budget preparation, forecasting, and variance analysis.
Oversight of annual financial audit and corporate tax filings.
Development of financial policies and procedures for effective and accurate monitoring and reporting.
Oversight of cash management and reserve policies.
High-level reporting to the finance committee and board of directors.
Maintenance of corporate insurance policies.
Preparation of monthly closing entries and maintenance of supporting documentation to ensure accurate, complete, and timely financial reporting.
Maintenance of financial schedules and execution of ad hoc accounting and operational projects as assigned.
Works closely with human resources to review/benchmark employee benefits (health, dental, 401k), payroll budgets, and compliance reporting.
Recruits, interviews, and hires finance staff as required.
Serves as a key member of executive leadership team.
A minimum of 10 years of progressively responsible experience in accounting or finance.
Bachelor's degree in accounting, finance, or business administration from an accredited college/university (graduate degree and CPA preferred).
Prior CFO or finance experience in a non-profit association considered a plus.
Experience working with external auditors, internal controls, and compliance related issues.
In depth knowledge of association accounting, investment, and risk management practices.
Strong attention to detail along with advanced knowledge/utilization of Microsoft Excel and Microsoft Office 365.
Previous experience with Microsoft Dynamics GP considered a plus.
Must be able to travel to meetings and conferences as needed.
Excellent analytical and communications skills.
Critical thinking skills and attention to detail.
Ability to manage multiple responsibilities at once.
While PCMA staff is currently working remotely, post-pandemic we will return to a hybrid work model in the PCMA offices in the Penn Quarter area of Washington, D.C. PCMA offers a competitive salary and benefits package. Interested individuals should forward a cover letter and resume to email@example.com.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or protected veteran status, or any other legally protected basis, in accordance with applicable law.
About Pharmaceutical Care Management Association (PCMA)
The Pharmaceutical Care Management Association (PCMA) is the national association representing America’s pharmacy benefit managers (PBMs). PBMs administer prescription drug plans for more than 266 million Americans who have health insurance from a variety of sponsors including: commercial health plans, self-insured employer plans, union plans, Medicare Part D plans, the Federal Employees Health Benefits Program (FEHBP), state government employee plans, managed Medicaid plans, and others.