(Norwalk, CT) The Board of Trustees of the Financial Accounting Foundation is seeking a Chair for the Governmental Accounting Standards Board (GASB). This full-time opportunity will provide an individual with an appreciation for the Board's important mission to lead with inspiration, command respect and help create change in a consensus-driven organization.
The Financial Accounting Foundation (FAF) is the independent, private-sector organization with responsibility for the oversight, administration, and finances of its standard-setting Boards, the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB), and their Advisory Councils.
Through its standard-setting boards, the organization establishes and improves financial accounting and reporting standards—known as Generally Accepted Accounting Principles, or GAAP—for public and private companies, not-for-profit organizations, and state and local governments in the United States. The FAF Board of Trustees selects and appoints the members of the FASB and the GASB and protects the independence and integrity of the standard-setting process. The FAF, FASB, and GASB are located in Norwalk, Connecticut.
Candidate Selection Criteria
leader with knowledge of and experience in municipal securities markets and related financial reporting; or a senior executive (such as a president or CEO) or senior board chair or member of a nationally recognized state/local government organization or a municipal markets regulatory body. • Strong and current technical understanding of U.S. generally accepted accounting principles for state and local governments, with a CPA viewed as highly desirable.
Critical Competencies for Success
Commitment to the GASB’s Mission
Passion for the Board’s mission, appreciation for the importance of independent standard setting for state and local governmental accounting and reporting, concern for the public interest, understanding of the varying interests and perspectives of investors and other users of state and local government financial information (such as citizens, legislative and oversight bodies, taxpayers, and underwriters and analysts), as well as preparers and auditors of financial reports.
Technical Skills and Strategic Acumen
Strong knowledge and technical competency in state and local governmental accounting and reporting and an individual who can provide value-added analytical insight and perspectives by:
Collaborative Leadership Skills
Being an inspiring and pragmatic leader who will command respect and help lead organizational change in a consensus-driven organization by:
An articulate communicator who will command respect and instill confidence by:
Other Personal Characteristics
The GASB Chair is the only full-time GASB member. FAF offices are located in Norwalk, Connecticut. Qualified candidates are encouraged to indicate interest as soon as possible by contacting the recruiter, Heidi Voorhees, President of GovHRUSA at HVoorhees@govhrusa.com . Application materials, including resume, cover letter and contact information for five references should be submitted no later than June 1, 2019 to www.GovHRjobs.com. Tel. 847-380-3240 Click HERE to Apply!
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