The American Bankers Association is the banking industry's champion. Joining ABA makes you part of a team that: • has Extraordinary People - ABA experts are the "go to" sources for bankers, policy makers and the media for credible information and insights for the banking industry. • has Unmatched Scope and Scale - ABA's unparalleled information and services keep members current, knowledgeable and prepared. • is Impact-Driven - ABA has a proven record of bringing about positive change for our members and the industry. We take action and achieve results. Plus competitive pay, an outstanding benefits package, a convenient DC location, a professional collegial work environment and an opportunity to work on issues of national significance equals a winning combination!
Employer of Choice: ABA is recognized with a 2025Great Company Culture Award and 2025 Great Place to Work designation!
Job Description:
The Senior Vice President, Financial Planning & Reporting, is responsible for enterprise-wide financial planning, budgeting, forecasting, and reporting for the American Bankers Association (ABA), its subsidiaries, and affiliates. This role provides financial leadership, ensures transparency and accuracy in financial reporting, oversees audit and tax coordination, administers Adaptive Insights, and manages ABA’s cash flow and reserves.
The SVP serves as a trusted advisor to leadership and subsidiary governance bodies.
Key Responsibilities
Leadership & Management
Provide leadership and oversight to two direct reports: Senior Budgeting Director and Senior Accountant.
Oversee and manage all financial planning and reporting activities for ABA, subsidiaries, and affiliates.
Promote and model the Association’s core values, including integrity, accountability, collaboration, inclusion, innovation, and service excellence.
Financial Planning & Budgeting
Lead the development of ABA’s consolidated annual operating and capital budgets.
Design and maintain defensible, equitable internal cost allocation models in accordance with GAAP.
Consolidate and analyze budget submissions and assumptions across all divisions; evaluate trends against prior years.
Partner with leadership to review and refine budget proposals.
Prepare and present budget materials for review and approval by the Budget Committee and Board.
Direct divisions to update forecasts regularly in Adaptive Insights and publish results to Workday; monitor and adjust forecasts as needed.
Perform ad hoc financial analyses as directed by executive leadership.
Cash Flow & Reserves
Monitor, update, and project operating cash flow and liquidity needs.
Oversee the use of operating reserves and Board-designated funds as part of the annual budget process.
Monitor restricted and special-purpose funds and ensure appropriate usage and reporting.
Financial Reporting
Deliver accurate, timely, and transparent monthly financial reports to the Board, executive leadership, department leaders, and subsidiary governance bodies.
Provide clear analysis of variances, trends, and key financial drivers.
Serve as Treasurer for ABA subsidiaries.
Audit, Tax, and Regulatory Reporting
Coordinate annual audits for ABA and applicable subsidiaries in collaboration with Accounting Operations.
Oversee all tax filings, including those prepared and filed by external auditors.
Ensure quarterly estimated taxes are calculated and paid timely.
Maintain DC tax-exempt status for all applicable entities and manage related regulatory communications.
Systems & Financial Technology
Recommend, optimize, and enhance the use of Workday and Adaptive Insights, including automation, reporting improvements, and process efficiencies.
Perform other duties as needed by business needs.
Education
Bachelor’s degree in Accounting, Finance, or a related discipline.
Certifications
CPA preferred.
Experience
10+ years of progressive experience in financial planning, analysis, and reporting, including advanced budgeting, forecasting, and cash flow modeling.
Demonstrated expertise in GAAP, internal controls, financial statement reporting, and basic tax concepts, preferably in the nonprofit sector.
Experience working with external auditors and independent governance or board committees.
Experience managing a team.
Strong analytical, strategic thinking, and problem-solving skills.
Proven project management experience.
Excellent communication and collaboration skills across accounting and non-accounting stakeholders.
Advanced proficiency in Microsoft Excel and strong command of Microsoft Office.
Working knowledge of investment management concepts.
Experience with Workday and Adaptive Insights strongly preferred.
Target range for the role: $245,000.00 - $260,000.00
Salary Band Range: $171,605.00 - $229,960.00 - $288,315.00
American Bankers Association (ABA) is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, age, sex, marital status, gender identity, sexual orientation, disability, protected Veteran status, personal appearance, political affiliation, family responsibilities, or any other characteristic protected by applicable law.
The American Bankers Association is the united voice of America’s hometown bankers—small, regional and large banks that together employ more than 2 million women and men, hold nearly $17 trillion in assets, safeguard $12.8 trillion in deposits and extend more than $9 trillion in loans. ABA believes that government policies should recognize the industry’s diversity. Laws and regulations should be tailored to correspond to a bank’s charter, business model, hometown markets and risk profile. This policymaking approach avoids the negative economic consequences of burdensome, unsuitable and inefficient bank regulation. Through a broad array of information, training, staff expertise and other resources, ABA supports America’s hometown bankers as they perform their critical role as drivers of America’s economic growth and job creation.
