Director of Finance

Job Title: Director of Finance Department: Finance Reports to: Director & CEO FLSA Status: Exempt Employment Status: Full-Time Compensation: $ - $
Final date to receive applications: 12:00pm Eastern on August 21, 2026

Since our founding in 1901, the Toledo Museum of Art has earned a global reputation for the quality of our collection, our innovative and extensive education programs, and our architecturally significant campus. Thanks to the benevolence of its founders, as well as the continued support of its members, TMA remains a privately endowed, non‑profit institution and opens its collection to the public, free of charge.

At the Toledo Museum of Art, we are dedicated to fulfilling our mission of integrating art into the lives of people and our commitment to cultivating an organizational culture where every individual feels valued, inspired, respected, and empowered. We believe fostering such a culture requires everyone to work daily at positively enhancing the experience of our team members.

The Director of Finance is an executive finance leader responsible for providing strategic financial leadership, business model innovation, and forward‑looking partnership across the Museum. Reporting to the Director & CEO, this position oversees all accounting and finance operations while serving as a trusted advisor to senior leadership and the Board in support of organizational strategy, financial sustainability, and responsible growth.

This role is intentionally designed as a succession opportunity. Working closely alongside the outgoing Chief Financial & Operating Officer through a structured transition, the successful candidate will be positioned to assume executive financial leadership following the planned retirement of the current CFOO at the end of 2027. The ideal candidate will be both rigorous with financial accounting and growth‑oriented in approaching the Museum’s business and operating model.

The Director of Finance directly leads the Museum's Finance Department and partners closely with the Chief Development Officer and the Director & CEO, as well as other senior leaders, to strengthen financial planning, maximize philanthropic impact, evaluate emerging revenue opportunities, and support innovative models that advance the Museum's mission. The Director of Finance works closely with the leadership team, departmental leaders, and the Board of Directors to shape the financial and operational expectations for the museum and to oversee execution against those expectations.

• Develop and implement financial strategies aligned with institutional priorities to optimize financial performance.
• Lead institutional financial planning and multi‑year forecasting.
• Provide strategic financial recommendations to the Board and senior leadership in partnership with the CEO.
• Prepare analyses supporting major organizational investments and initiatives.
• Support Board as the liaison for both the Audit & Finance and Investment Review Committees.
• Work with external auditor to deliver the annual audit and 990.
• Partner with TMA’s investment consultant to oversee the Museum’s substantial endowment.
• Serve as a member of the Museum’s Enterprise Risk Management team.
• Manage operational cash flow, investments, debt, and financial risk management.
• Monitor financial performance, analyze variances, and recommend mitigation efforts as needed.
• Ensure compliance with accounting standards, legal requirements, and regulations.
• Partner in the development of alternative revenue streams, including accounting and structure.

• Work closely with the Chief Development Officer regarding campaign planning, endowment strategy, restricted gifts, and philanthropic forecasting.
• Develop financial analyses supporting exhibitions, visitor experience, retail, earned revenue, and entrepreneurial initiatives.
• Create business cases supporting strategic investments.
• Assist departments in understanding financial performance and opportunities for improvement.
• Participate in long‑term financial and operational planning, supporting institutional sustainability with a…