Chief Financial Officer (CFO)

***Prior to applying to this AD, please understand that this opportunity is 100% in-person. The organization does not offer relocation assistance***

We have partnered with Farnsworth Art Museum on their search to replace their long-time Chief Financial Officer in Rockland, ME. This person will have a variety of opportunity to work directly with the Executive Director and Board of Directors to continue this Museum nationally recognized collection. If interested, please review the information below and submit your resume, while also reaching out directly to Andrew Vargo via LinkedIn.

Responsibilities:
•Direct the accounting and financial activities of the museum to ensure sound fiscal administration. Recommend appropriate policies and establish internal control procedures to safeguard the assets of the museum.
•With the Senior Staff, prepare the museum’s annual operating and capital budgets, and schedule regular reviews. Serve as liaison to department heads on accounting and financial matters including the operating and capital budgets.
•Direct preparation, review, and analysis of monthly financial reports to ensure that the museum’s financial condition is in accordance with the guidelines established by management and the board of trustees. Provide regular financial reports to the Finance Committee to inform the committee members of the museum’s financial status. Provide staff support to the Finance Committee.
•Manage the finance office to ensure that the museum’s accounting and financial functions are performed effectively. Select, manage, develop, and evaluate the staff needed to effectively meet financial management goals.
•Supervise HR, working closely with the HR Manager to evaluate and strengthen all aspects of talent recruitment, retention, onboarding, training, etc.
•Direct cash activities to maintain appropriate cash levels. Manage bank relationships to optimize service and minimize cost to the museum.
•Establish and maintain accounting control over the museum’s restricted and endowment funds. Monitor the investment portfolio. Provide staff support to the Investment Committee.
•Direct preparation for the annual audit and other audit activities. Coordinate issuance of the annual financial statements.
•Develop, review, and assess risk management policies & procedures and ensure the museum has adequate insurance coverage.
•As a member of the Senior Staff, contribute to the policy making for and management of the museum. Attend meetings of the Board of Trustees and various board committees as appropriate.
•Continue personal professional development to ensure thorough knowledge of museum/non-profit financial management best practices.Operating Budget, Cash Management, Bank Relations, Internal Control, Financial Reporting, Endowment Funds, Audit