Chief Financial Officer Immediate Miami Children’s Museum

Miami Children’s Museum
Chief Financial Officer
POSITION:
Chief Financial Officer
DEPARTMENT:
Finance/Business Office
REPORTS TO:
Executive Director/CEO
START DATE:
Immediate
POSITION SUMMARY
The Chief Financial Officer, reporting to the Executive Director/CEO, is a key member of the Leadership
Team and has substantial contact with the Board of Directors. The CFO directs, administers and
coordinates accounting, treasury, and business operations. Responsibilities include timely preparation of
financial and management reports; overseeing, in conjunction with the Finance Committee, MCM’s
investments; developing, presenting, negotiating and implementing cash management strategies,
preparation of and reporting against the annual budget.
The CFO directs and administers all earned income and administrative departments and staff in
accordance with policies, goals and objectives established by the CEO and Board of Directors. The CFO
assists the CEO in the development of policies and goals that cover Museum financial and business
operations, and financial performance. The CFO contributes to building and expanding the Museum’s
local and national presence, profile and reputation.
ESSENTIAL RESPONSIBILITIES
Finance and Accounting
Formulate and administer accounting policies, practices, and procedures to ensure that timely financial
and operating records and reports accurately reflect the condition of the Museum’s business and provide
reliable information necessary to effectively manage Museum operations. Prepare accurate and timely
financial statements for use by management and board of directors on a monthly basis. Interpret
operating results; make specific recommendations that will result in cost reduction, revenue enhancement
and/or improved operations.
Analyze and evaluate program operating results in terms of revenues, cost, and operations policies,
trends and identify opportunities to improve performance of Museum’s operations. Prepare and monitor,
in conjunction with CEO, strategic and long-range business plans.
Serve as the primary liaison to the Finance Committee of the Board of Directors. Oversee, in conjunction
with the Finance Committee, MCM’s investment portfolio. Prepare and present financial information to
the Board including all financial reporting with regard to the operations and any future capital projects of
the Museum.
Conduct banking and insurance relations and is principal liaison governmental/regulatory bodies.
Identify new opportunities and maximize MCM’s current earned revenue.
Develop, negotiate and present for approval and administer financing plans including private, local, state
and federal funding for the Museum.
Oversee accounts receivable and accounts payable, cost accounting and reconciliation of bank accounts.
Supervise the maintenance of the general ledgers. Prepare departmental consolidated operating and
financial statements.
Prepare for outside audits and ensure efficient, error-free audits. Manage relationships with outside
auditors and other consultants to ensure compliance with all codes and accounting standards.
Establish and supervise the chart of accounts; assign new classifications as may be necessary and
ensure accurate accounting classification of all expenditures and documents. Manage all grant budgets
for applications’, monitor and track all grant expenditures, and oversee timely submission of all financial
reporting for grants.
Manage accounting, finance, and budget operations. Monitor financial policies and procedures. Ensure
efficient and effective funds allocation and expenditure consistent with the Museum’s strategic goals and
grant contracts.
Develop, recommend and monitor operating/capital budgets. Direct and coordinate all department
activities to ensure goals are achieved. Advise appropriate management on performance and budget
variances and significant changes in conditions and issues.
Conduct special internal audits, analyses and cost studies for operations. Prepare special financial
reports for departments. Assemble and publish monthly department cost statements, review and
recommend modifications as necessary.
Prepare, review and ensure accurate and timely filing of all Florida state and federal reports, as well as
any other business licenses, leases, or contracts as necessary.
Direct and/or prepare, maintain and present relevant and timely reports, financial analyses, statistics for
quarterly and yearly financial statements, including the preparation of charts and graphs showing
progress, conditions, and results, and recommendations that are necessary to carry out department and
MCM’ functions, and that facilitate management decision-making.
Research and analyze general economic, business and financial conditions and their impact on the
MCM’s policies and operations.
Management and Administration
Develop a competent, well-trained, properly structured and highly engaged staff that consistently achieve
departmental goals. Establish and communicate performance standards and provide staff with timely and
constructive feedback. Provide coaching and technical advice and training to ensure a knowledgeable
and skilled staff. Coordinate staff activities and foster collaborative efforts across MCM. Establish and
enhance good visitor relationships.
Direct administrative functions and staff to ensure effective and efficient accounting, human resources
administration, and facility services (ticketing and concession) that support all MCM operations.
Oversee Museum’s technology needs and local area network in conjunction with MCM Director of
Operations to ensure Museum’s computing, communications and interactive exhibit requirements operate
effectively.
Encourage MCM’s culture through policies, actions and words.
work environment.
Foster a success-oriented, accountable
Direct the Museum’s general business, health, 403-B and liability insurance programs ensuring
appropriate coverage at reasonable cost. Administer MCM outsource of employees functions and make
recommendations to maximize services and reduce costs.
Oversee Museum’s retail operations and ensure highest level of profitability.
Stay abreast of developments in the accounting field and participate in professional organizations and
meetings to understand and recommend trends and new approaches to improve the productivity and
company work product.
EDUCATION/CERTIFICATION
CPA, MBA or Masters Degree preferred in finance or related field
EXPERIENCE REQUIREMENT
10 years experience in accounting and finance using automated systems experience working with nonprofit organization and grant management preferred. Minimum five years of management experience.
SKILLS AND ATTRIBUTES
Excellent knowledge of accounting, budgeting, strategic planning and evaluation techniques
Demonstrated managerial and leadership skills
Proven ability to work collaboratively with others in a creative, fast-paced environment
Demonstrated diplomacy skills
Computer literacy; competency in spreadsheets and automated accounting systems; experience and
knowledge of Blackbaud preferred.
Excellent oral and written communication skills
Ability to work with multiple projects and priorities
Strong negotiation skills
Please send resumes to [email protected].
About Strategic Philanthropy:
Strategic Philanthropy, Inc. a south Florida based company, was founded on the belief that effective
corporate giving can be so much more than simply writing a check to charities and nonprofits who ask for
your help or involvement. It is our belief that when a company aligns its charitable giving with a strategic
approach and measurable outcomes, the power of giving enhances a company’s brand, image and
strengthens the relationships and partnerships within the community.
In short, Strategic Philanthropy gets hired by companies to give away their money to nonprofits that meet
a company’s business goals and objectives. As you can imagine, we have many relationships with the
nonprofits in our community. We value all of the programs and services they have to offer and work with
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