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 hr@miamichildrensmuseum.org. 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 them to help promote positions that are available within their organization so that they may find the best talent possible. For future job postings, follow us on: Facebook.com/StrategicPhilanthropy Twitter: @StratPhil