Manager Control and Compliance

Date: Sep 5, 2023

Location: Washington, DC, US, 20036

Company: American Chemical Society

Division and Unit Overview
The Office of the Treasurer & CFO is responsible for treasury and financial operations, administrative and customer services, member insurance, development activities, and Publications business support.  Division responsibilities include but are not limited to: management of the Society’s Investment Program; securing external financing for capital expansion and working capital requirements; risk management and the maintenance of the Society’s business insurance program; foreign exchange management; budgeting and fiscal control for Washington Operations (including ACS Publications); management and operations of the ACS Washington facilities; centralized support services for all Washington staff; and directing the operations of a customer service unit responsible for consolidating service for Society programs, products and services.  In addition, the office provides management oversight for the Member Insurance Program and financial oversight for Pacifichem Inc..  Governance groups supported by the Office of the Treasurer & CFO include the Board Standing Committee on Audits; Board Standing Committee on Pensions and Investments; the Society Committee on Budget & Finance; the Program Review Advisory Group; the Development Advisory Board; and the Board of Trustees, Group Insurance Plans for ACS Members.


Finance is composed of the offices of General Accounting, Financial Planning & Analysis, Payroll, Accounts Payable, Accounts Receivable, Tax, and Financial Systems.  The Finance Unit is responsible for the overall fiscal control and management of the ACS.  This includes the proper recording and classification of all financial transactions of Washington Operations; the consolidation of financial data for all business units and subsidiaries; preparation of financial statements and reports; management of the Society’s annual audits; preparation and presentation of the budget, including capital, salary, and operating budgets; development and implementation of business systems; tax planning and compliance; and any other financial related matters.  Finance also provides financial analysis and support to all ACS activities.  


Position Summary
This position would be responsible for the formation of a new compliance function to centralize adherence to external rules and internal controls.  This would enhance the focus on risk management and managing external auditors.  It is anticipated that this person would start with the Finance Department, but eventually help to develop a multiyear plan that would cover all of ACS.  They will work in collaboration with the Treasurer & CFO to enhance a culture of compliance for the Finance team and potentially all of ACS.


Dimensions:  The Society has assets totaling approximately $2 billion, an annual operating budget of approximately $740 million, investments of over $2.0 billion, an annual capital budget of $40-$50 million, and approximately 2,000 employees. ACS has staff across the globe with its primary locations in Washington DC (headquarters) and Columbus, Ohio.


ACS currently outsources the internal audit function and the enterprise risk assessment.  This individual will oversee the external and internal audit relationships.  ACS does not currently have a compliance function and this individual will help in the formation and execution of creating a compliance function.   Initially, this position will not have any direct reports, but may in the future and will need to work collaboratively with resources in the Finance team and across ACS.  


Work Design:  Ensures the success of a newly created function.  Has a significant impact on the organization’s internal control structure, risk management procedures and policies and procedures. Participates in the development of the vision of the organization.  Develops and implements strategies for functional area to support the overall organization strategy



Position Accountabilities

  1. Participates in the development of strategies and objectives that support the Society’s vision, mission, strategies, and objectives. 
  2. Responsible for planning, development, and implementation of a compliance program. 
  3. Analyze internal business systems to ensure compliance with industry regulations and ethical standards.
  4. Create, modify, update and implement the company’s policies.
  5. Develop risk management strategies.
  6. Design control systems to address cases of violation of internal business policies.
  7. Design ongoing training programs for employees of the business.
  8. Liaise with other departmental heads to ensure that all business operations are in line with business policies.
  9. Oversee the internal and external audit relationships and enterprise risk assessment.
  10. Advise the top management on business operations relating to investment, risks, and any other policy development.
  11. Create reports for senior management and external stakeholders.
  12. Provides strategic insight and support to the Treasurer & CFO, as well as the senior executive management team, on a broad range of compliance and risk management topics.  
  13. Serves as a key representative of the Office of the Treasurer & CFO and of the Society with internal and external groups and affiliates, including the ACS Board of Directors and governance.




  • BA in law, finance, business administration or similar related field
  • Eight plus years of experience including a minimum of 2 years in a lead or supervisor role
  • Knowledge and understanding of the industry’s regulations and best practices
  • Hands-on experience with a variety of reporting operations and procedures 
  • Experience managing external vendors and auditors
  • Experience with internal controls and Enterprise Risk Management (ERM)
  • Good organizational and time-management skills
  • Excellent interpersonal and communication skills
  • Critical-thinker and problem-solver
  • Previous working experience in a compliance department, preferred, but not required


CAS uses unparalleled scientific content, specialized technology and unmatched human expertise to help R&D organizations across Commercial, Government and Academic sectors create groundbreaking innovations that benefit the world. As the Scientific Information Solutions Division of the American Chemical Society, CAS manages the largest curated reservoir of scientific knowledge, and for 111 years, has helped innovators mine, assess and apply that information to keep businesses thriving. The CAS team is global, diverse, endlessly curious and strives to make actionable scientific insights accessible to innovators worldwide.

Position Summary

This position will be primarily based in the Washington D.C. (or applicable) office. ACS employees work a hybrid work schedule, consisting of working onsite, three days per week. ACS employees are in the office on Tuesday and Wednesday with the third in-office day scheduled in consultation with the manager. While always welcome to work in the office, employees may work the other two days of the week from a location of their choice. New employees are immediately eligible for this hybrid work arrangement. ACS offers relocation assistance, if applicable.




Nearest Major Market: Washington DC