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Chief Financial Officer

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JOB DESCRIPTION:

The Tenement Museum seeks a Chief Financial Officer to assume oversight of the financial management of the Museum’s $11M operating budget as well as the capital budget for a forthcoming $5+ million renovation. The CFO has primary responsibility for planning and managing all Museum finance activities, including budget, forecast, and audit. The CFO acts as a key member of the senior management team and provides active financial guidance to Museum leadership. This position manages a department of 3 direct reports and reports to the President, with dotted line reporting to the Board of Trustees. 

 Major Responsibilities 

  • Responsible for the accounting and related financial activities of the Museum to ensure sound fiscal administration, including preparing financial statements in accordance to GAAP, forecasting monthly cash flow and operating P&L.  
  • Develop and implement appropriate policies and internal control procedures to safeguard the assets of the Museum. 
  • Drive the Museum budget and forecasting process and work with department heads and others in the Museum to prepare and maintain timely and accurate budgets and projections.  
  • Prepare, review, and analyze monthly financial reports to ensure that the Museum’s financial condition matches expectations, including maintaining sufficient liquidity and bond covenant compliance at all times.  
  • Provide the Board of Trustees and its Finance and Audit Committees with detailed, accurate financial information, ensuring that the Museum’s financial condition is well understood.  
  • Manages and negotiates the renewal of the Museum’s insurance policies and maintains adequate coverage.  
  • Responsible for hands on management of Museum’s audits (Pension, Workers’ Comp, Financial Statements, Uniform Guidance, if needed) including preparation of audit schedules and statements.  
  • Manage upcoming $5M capital project of our historic building and serve as liaison with NYC EDC and other government agencies in negotiating and assuring compliance with Funding and Grant Agreements 
  • Work closely with Development Department to track grants (government, foundations) and overall compliance with donor restricted donations.  
  • Monitor bank accounts and maintain banking relationships. 
  • Review monthly journal entries and balance sheet reconciliations. 
  • Oversee accounts payable, accounts receivable, general ledger and weekly banking transactions. 
  • Review Balance Sheet account reconciliations. 
  • Provide monthly schedules of specific metrics for revenue and expenses. 
  • Ensure that all external reporting requirements are completed on a timely basis (Sales Tax, Rent Registration, etc.). 

Qualifications 

  • Minimum of 10 years of progressive accounting experience required 
  • Not for profit experience required 
  • Bachelor’s Degree, CPA required, MBA a plus 
  • Experience managing capital projects a plus 
  • A record of successful oversight of government contracts a plus 
  • Proven experience leading and supervising teams  
  • Demonstrated ability to serve as a knowledgeable resource for senior management team and department heads 
  • Experience and/or knowledge of all financial functions  
  • Excellent analytical and communications skills

    Equal Employment Opportunity has been, and will continue to be, a fundamental principle at the Lower East Side Tenement Museum (the “Tenement Museum”), where employment is based upon personal capabilities and qualifications without discrimination because of race, color, religion, sex, gender, age, national origin, disability, pregnancy (including childbirth and related medical conditions), sexual orientation, gender identity or expression, marital or civil partnership/union status, alienage or citizenship status, creed, genetic information, predisposition or carrier status, military or veteran status, or any other protected characteristic as established by law.    

 

 

  


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