Chief Financial Officer | Fort Worth, TX

The Chief Financial Officer (CFO) is responsible for tracking, monitoring, and reporting the overall financial health of the museum to the senior leadership and the Museum Board. This position’s focus is strategic oversight of the following: the Museum’s operating budget, the annual audit and tax return, and the coordination of long-range and annual planning in collaboration with the Director and Museum Board.

This position will also act as a representative and advocate of the Museum with government agencies, insurance companies, community and local business groups, and arts organizations. As a key member of the senior leadership team, the CFO provides active leadership in all aspects of the museum’s fiscal operations and is a partner to the museum’s Director on business and strategic issues, various key relationships, and planning for the museum’s future.

• Serve as a strategic leader to plan, develop, organize, implement, direct, and evaluate the museum’s fiscal function and performance, creating
  
  KPIs parallel aligned with the museum’s strategic direction.
• Establish and communicate the long-range strategic financial plan of the museum to the Museum Director, Leadership Team, Board and Finance and Investment Committee.
• Think strategically about the business and visitor experience goals of the museum and provide cross-functional leadership to accomplish those goals.
• Provide financial input and leadership on decision making issues affecting the museum; evaluates potential revenue generation opportunities and partnerships.
• Develop credibility by providing timely and accurate analysis of budgets, financial reports, and financial trends to assist the Director and members of the Leadership Team in performing their responsibilities.
• Enhance, develop, implement, and enforce policies and procedures of the museum by establishing systems that will safeguard the assets of the museum and improve the overall effectiveness of the operations.
• Serve as liaison for the Board and Finance and Investment Committee in effectively developing solutions to business challenges and growth strategies.
• Actively engage in museum committees and provides financial insight and perspective on organizational planning and growth.
• Participate on Community Boards to create and leverage alliances, programming insight, and funding partnerships; engages in professional development opportunities and thorough understanding of industry standards and practices as it relates to museum operations. Finance.
• Evaluate the Finance Department’s structure and team, provide coaching and development for team members, and plan for continuous improvement of the efficiency and effectiveness of the department.
• Manage all assets, cash, and investments.
• Works closely with the Finance and Investment Committee and the Board, preparing timely and accurate reports on a monthly, quarterly, and annual basis.
• Evaluate current business performance and lead efforts to modify or redesign business strategies when and where necessary.
• Set and monitor financing strategies and activities (including monitoring compliance with debt covenants and grant compliance), as well as banking relationships.
• Manage liabilities to ensure the association is fiscally sound both in the short term and long term.
• Manage the financing with banks and leasing companies on debt financing. Monitors all banking and financing relationships.
• Oversee the preparation of reports to outside agencies, including grant reporting.
• Oversee the preparation of the IRS Form 990.
• Ensure that the proper reporting to outside agencies is performed timely.
• Oversee budget process, working with the Leadership Team for the implementation of well planned, realistic annual budgets that are prepared and approved by the Board in a timely manner.
• Oversee cash flow planning and ensure availability of funds as needed.
• Ensure timeliness, accuracy, and usefulness of financial and management reporting for federal and state funding, foundations, private grants, and the Board; oversee the preparation and communication of monthly and annual financial statements.
• Ensure maintenance of appropriate internal controls and…