MacPhail Center for Music Looking for Chief Financial Officer at Minneapolis, MN Full Time

TITLE: Vice President and Chief Financial Officer

REPORTS TO: Chief Executive Officer

STATUS: Exempt; full-time, 1 FTE (40 hrs/wk)

LOCATION: Minneapolis. Primarily onsite, some remote work possible

Job Summary

The CFO directs the finance and accounting of MacPhail Center for Music and plays a key leadership role in guiding MacPhail’s financial and mission success and reports directly to the CEO. This includes financial strategy, risk management, financial planning, and analysis, and ensuring the overall financial health of the organization. The CFO directly oversees the internal accounting team, and manages communications and relationships with external investors, analysts, and financial institutions.

Responsibilities & Essential Functions

Accounting and Financial Reporting

• Provide financial reporting, forecasts, dashboards, and analysis to monitor financial performance and guide decision making.
• Manage and oversee cash flow, including monitoring of bank balances and processing account transfers.
• Review and sign-off on all journal entries.
• Complete the final review of monthly accounting, including account coding, account reconciliations, journal entries, etc.
• Monitor company credit cards’ usage and applications/cancellations.
• Manage relationships with banks and professional service providers related to finances.
• Lead the annual budget development process that aligns with strategic plans and goals.
• Oversee compliance and outside evaluation, including annual audit and tax return preparation.

Leadership

• Lead the planning, organizing, training, and supervision of the financial and accounting functions that support the organization’s teams, programs, projects, budgets, and mission success.
• Provide financial expertise and support to program leaders.
• Partner with the CEO to provide financial input and guidance relating to the strategic direction of the organization.
• Partner with the Development team for financial planning, reporting, and management of contributed revenue.
• Serve on MacPhail’s Senior Management team providing updates, insights and input as needed.
• Inform the MacPhail Board of MacPhail’s financial efforts on a regular basis. Provide recommendations and active involvement in staffing the Audit and Finance Committee (AFC) of the Board of Directors.
• Coordinate Board AFC and Investment committee.

Finance Department Support

• Hire and supervise finance department employees.
• Develop and improve procedures and practices that ensure transparency, accountability, and engagement in the financial leadership of the organization.
• Monitor internal controls and best practices.
• Participate in organizational wide learning, development, and culture building activities.
• Oversee and review corporate insurance.
• Perform other duties as assigned.

Qualifications

• Commitment to diversity, equity, and inclusion.
• Bachelor’s degree in accounting, finance, or a related field required; CPA certification preferred.
• 8+ years of experience in nonprofit accounting and/or financial management.
• 4+ years of experience successfully supervising and managing staff and teams.
• Excellent communication, leadership, and interpersonal skills.
• Mastery of nonprofit accounting, including knowledge of and proficiency implementing FASB standards and GAAP accounting principles.
• Strategic, cross-functional thinker with a strong desire to move towards implementation and action.
• Excellence in managing projects from conception to completion.
• Ability to work collaboratively and effectively with all levels of the organization.
• Consistency and goal orientation, problem-solving aptitude, flexibility, creativity, discretion, and passion for MacPhail’s mission and values.

TO APPLY

Please contact Gabby Thorsen with MMC Consulting,

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