Responsibilities of the Vice President for Finance
Description of Office
The Vice President for Finance is charged with:
- Serving as Treasurer of the Association, responsible for fiscal management of the Association's financial operations;
- Serving as the Board liaison and facilitating the operations of the Financial Planning Board, which is charged with reviewing the annual budget of the Association and the relationship between the strategic plan and the annual budgetary allocations; reviewing the Association's financial status and structure by studying alternate proposals of fiscal management; and making recommendations to the Board of Directors concerning Association policies, programs, and activities consistent with the fiscal responsibilities of the Association;
- Monitoring annual income and expenditures;
- Reporting on the financial position of the Association at meetings of the Board of Directors and at other times when called upon;
- Presenting the annual budget to the Board of Directors for approval;
- Chairing the Audit Committee, which is charged with selecting an auditor and reviewing their reports; and
- Ensuring that the Association has established appropriate policies to define and identify conflicts of interest throughout the Association and overseeing the enforcement of those policies.
Desired Personal and Professional Characteristics
- Ability to listen, analyze, think strategically and creatively, and work well with people individually and in a group.
- Ability to consider multiple viewpoints about controversial issues and to communicate ASHA's perspective effectively with members and stakeholders.
- Ability to prepare for and attend board and committee meetings, ask questions, take responsibility, follow through on a given assignment, and evaluate oneself.
- Develop certain skills if one does not possess them, such as understanding financial and investment concepts and financial statements and learning more about the substantive program areas of the Association.
- Honesty; sensitivity to and tolerance of differing views; a friendly, responsive, and patient approach; community-building skills; personal integrity; a developed sense of values; and concern for the Association's development.
- Significant knowledge and skills in financial management and investment concepts.
- Attend and participate in all meetings of the Board of Directors.
- Be informed about the Association's mission, services, policies, and programs.
- Assist the Board of Directors in carrying out its fiduciary responsibilities.
- Review agenda and supporting materials prior to board and committee meetings.
- Represent ASHA on behalf of the President as needed.
- Attend the annual ASHA Convention.
- Attend the annual meetings of both the Audiology and Speech-Language Pathology Advisory Councils.
- Review and vote on the Association's budget annually.
- Contribute to a review of the Chief Executive Officer.
- Serve as Board liaison for activities of assigned boards, committees, and councils; serve as liaison between assigned boards, committees, and councils, and the Board of Directors.
- Appoint a Coordinating Committee to consult on financial topics as needed.
- Prepare and present information at meetings on behalf of the Association as needed.
Approximately 16 hours per week (excluding travel).
The Association provides the Vice President for Finance with support in a number of ways: financial support for required functions of the office; assistance with office expenses, including some limited personnel support, and an equipment budget.
A stipend is provided to the Vice President's institution.