Vice President of Finance
The Vice President of Finance ensures that there are sound short-term and longer-term financial plans to support the Museum's overall strategic plan. The Vice President analyzes the effectiveness of all financial systems, policies, practices and procedures and leads process and internal control improvements to maximize and protect the Museum's resources.
Working closely with the President, the Vice President will drive the development and implementation of Mystic Seaport Museum's strategic financial plan as well as annual operating and capital budgets and investments. The Vice President is expected to be a strategic thinker and problem solver, who resolves issues and identifies opportunities.
The Vice President of Finance is responsible to ensure that proper financial controls are in place and that all financial transactions conform with all applicable laws and regulations.
Other key responsibilities include:
- Work closely with all Museum departments in all budget related matters; cultivate collaborative and trustworthy relationships with Museum Directors
- Provide strategic vision and improvement of the Museum's accounting policies and procedures to streamline accounting operations to improve overall efficiency
- Formally develop and report accurate monthly, quarterly and annual financial projections and results to senior leadership and the Board of Trustees
- Lead and manage the monthly closing process and coordinate with external auditors during all review/audit engagements
- Manage external vendors and oversee contract negotiations; create opportunities for revenue growth during these processes.
- Manage a team of financial professionals against key performance indicators and metrics, and foster an environment of candor and collaboration that addresses performance deficiencies and provide coaching/mentoring to ensure the highest levels of individual and team performance when needed
- Provide focus on cash management, cash flow reporting and ways to minimize cash draw downs
- Provide oversight and management of the company's investments
- Provide management of Museum's non- benefit related insurance plans and broker relationships
Requirements:
- Must have received or be willing to receive the COVID-19 vaccination by date of hire to be considered. Proof of vaccination will be required.
- A bachelor's degree in Business, Finance
- CPA (Certified Public Accountant) preferred
- Diverse financial background, including non-profit experience
- Ten or more (10+) years of experience in mid to senior level financial management
- Extensive knowledge of finance, accounting, budgeting, P&L forecasting, and cost control principles and investments
- Demonstrated financial modeling skills; knowledge of federal and state financial regulations
- Proven ability to effect change and meet business goals, monitor progress, and take corrective actions when necessary
- Ability to analyze financial data and prepare financial reports, statements, and projections
- Demonstrated ability to lead improvement and change through effective problem solving and communication skills
- Excellent presentation and public speaking skills with the ability to address external stakeholders
- Strong ability to exercise sound judgment and maintain positive working relationships with a wide variety of organizations and individuals
- Strong organizational skills, ability to maintain productivity and effectiveness in a fast-changing environment with sometimes conflicting priorities; and able to prioritize workloads and resources to meet deadlines