|Senior Vice President, Finance|
Company: MCI USA
Location: McLean, VA
Employment Type: Full Time
Date Posted: 09/03/2020
Expire Date: 11/03/2020
Job Categories: Accounting/Auditing
Senior Vice President, Finance|
ABOUT MCI USA
MCI USA helps companies and associations strategically engage and activate their target audiences, building community and boosting client performance through face-to-face, hybrid and digital experiences that support client business objectives. With US headquarters in the Washington, DC area and offices in Dallas, Chicago, New York, Baltimore, and Miami, MCI USA has expanded its platform to deliver a robust set of services in its Association and Corporate Solutions portfolios. Find out more at www.mci-group.com/usa.
Business Units at MCI USA
Association Solutions (formerly part of Coulter Companies) delivers comprehensive management services and expert consulting to a broad range of nonprofit organizations, including Trade and Professional associations and Foundations, focused on improving the efficiency, effectiveness and growth trajectory of its association clients.
Black Flower Agency (formerly part of Coulter Companies) delivers corporate experiential events chiefly in the luxury market vertical in face-to-face, hybrid and digital experiences that support key corporate business objectives, from building brand loyalty to reaching new markets and rewarding top performers.
Sales, Solutions & Services (formerly Network Media Partners) specializes in customized media, sponsorship and partnership sales, award-winning design and consultative, management and marketing services for association clients and MCI USA’s Owned Assets (e.g., events either wholly or partially owned by the company).
Strategic Events, Meetings & Incentives (formerly Wyndham Jade) specializes in convention housing and registration, meeting management, incentive programs, business travel management and site selection. This business unit also delivers all events within MCI USA’s Owned Assets portfolio.
MCI USA is part of a sophisticated global business whose expansion in both scale and service offerings requires an experienced senior finance leader delivering high-level expertise and knowledge to support the USA Chief Executive Officer and executive team members in the implementation of a best practice approach to both strategic and tactical Finance operations. This is a hands-on role with responsibility for consolidated annual budgeting, monthly forecasting, long-range business planning, cash forecasting, tax strategy and implementation, M&A, and direct supervision of business unit finance directors. A knowledge of both GAAP and IFRS is required for coordinating local finance operations and consolidation reporting.
The individual selected for this position will be a participant in MCI USA’s Senior Management (SEMA) Team, composed of the heads of Business Unit and Group functions.
Key Strategic Responsibilities
As an MCI high growth region, the SVP/Finance will work directly with the MCI USA CEO, and collaborate with related stakeholders, including MCI Group Holding (Global HQ) leaders, Business Unit leaders and the strong existing finance team to:
•Ensure an optimized, efficient and accountable USA financial operation, with an eye towards optimizing broader geographic finance oversight post-US optimization
•Consider and recommend optimized USA legal structure and related finance framework
•Serve as a strategic peer in collaboration with USA Business Unit leaders
The SVP/Finance will be responsible for the operational implementation of the above key strategic responsibilities, to include:
•Direct Supervisory/Management and setting of relevant KPIs for Finance Directors of three key legal entities (Wyndham Jade, Coulter, Network Media)
•Lead financial planning and analysis including creation of consolidated budget, forecasts, and 5-year business plans for each business unit using HQ-provided Excel templates. This requires coordination of strategic directives at the U.S. level with implementation within individual business units with each Finance Director
•Create consolidated U.S. reporting summary (in Excel) using Business Unit results provided by Finance Directors while researching items within different accounting systems, as needed
•Lead cash forecasting and management, treasury relationships and functionality across USA entities and business units
•Lead annual and half year closing of legal entities across all offices in the U.S. in support of consolidation at HQ
•Facilitate and guide Finance Directors in support of the annual financial audit
•At the direction of the USA CEO, support MCI USA’s ongoing strategic direction and supporting tactical initiatives
•Monitor key performance measures that support the company’s strategic objectives
•Monitor and direct the implementation of financial and tax strategies to optimize USA structure and performance
oLiase with third-party tax advisor and serve as primary point of contact for annual tax return preparation and filing
•Facilitate and maintain a working environment in accordance with MCI’s corporate vision and guiding principles
Mergers & Acquisitions
•While MCI USA has grown rapidly through strategic acquisitions that have fueled related organic growth, in the near-to-mid term, we envision greater focus on organic growth and EBITDA-enhancing initiatives. The MCI USA CEO will continue to explore potential acquisitions as market conditions and global financial markets enable and the SVP, Finance will support these initiatives as they potentially arise, from outreach through execution and integration.
MCI USA Work Environment
The work environment characteristics described here are representative of those encountered while performing the essential functions of this job:
•Requires hours beyond the normal workday/work week, traveling during and outside of business hours and being available in excess of regular business hours.
•Frequently requires working under demanding time constraints.
•Moderate travel (domestic and international) required.
•Post-pandemic work style: combination of in office and virtual work completely acceptable.
•Interested candidates should send their cover letter and resume.
•Must be authorized to work in the U.S. without employer sponsorship
•Equal Employment Opportunity Employer
Qualifications, Education and Experience
•Relevant, progressive career experience in related growth-focused professional services businesses required; strong preference for direct experience in structuring finance operations for efficiency and effectiveness
•Minimum Bachelor’s Degree in Finance or Accounting required; MBA, Master’s in Finance or Accounting and/or CPA preferred
•Past employer with European Parent or HQ preferred
•Events, Association Management Industry Knowledge preferred
•Financial Systems: ERP experience required (SAP preferred)
•Expert Excel Skills required
•Ability to read, analyze and interpret complex material (including financial, legal and governmental regulations) and provide strategic and tactical insights to US and Global leaders
•Executive-level written and verbal communication skills required
•High emotional intelligence and the ability to build relationships with colleagues across all levels of the organization
•MCI USA is committed to Diversity, Equity and Inclusion. Minority applicants are strongly encouraged to apply
Company Name: MCI USA
MCI is the global leader in engaging and activating audiences. Our business is founded on a simple human insight: When people come together, magic happens. Since 1987, we have been bringing people together through inspiring meetings, events, congresses and association or community management. MCI helps organizations harness the power of community by applying our strategic engagement and activation solutions to build unforgettable online and offline experiences that foster change, inspire, educate and enhance business performance. MCI is an independently owned company headquartered in Geneva, Switzerland, and boasts a global presence with 2,500+ professionals in 61 offices and 31 countries, who work with clients across Europe, the Americas, Asia-Pacific, India, and the Middle East. Visit us at www.mci-group.com or on LinkedIn, Twitter, Facebook.