Vice President for Finance and Administration Bachelor's Degree Job1 month ago - Other categories - New York City - 133 views
Vice President of Finance & Administration
The American Antiquarian Society, a respected learned society and independentresearch library, seeks a skilled Vice President of Finance and Administration to lead the organization’s financial and administrative operations and collaborate with staff to support the essential functioning of the organization’s programs. This position is well suited for a finance and operations professional who has non-profit experience, especially with academic and cultural institutions, and an interest in supporting the preservation of American history and culture.
Reporting to the President, the Vice President of Finance & Administration (VPFA) leads the organization’s finance, accounting, and operations functions; partners with the executive leadership team to support planning for the ongoing advancement and sustainability of the organization; and safeguards the assets of the organization. The former VPFA stepped down in 2020, and the Society has secured outsourced accounting support until a new VPFA is hired.
As the American Antiquarian Society continues to grow and advance its mission, the VPFA performs a key role in serving the institution, including overseeing finance and operations, maintaining the financial books and records of the Society, updating and implementing internal control policies to safeguard assets, monitoring the investment portfolio, and working collaboratively as part of a larger staff team. The VPFA is responsible for the following:
- Lead the overall daily accounting operations of the Society, including restricted and unrestricted funds.
- Ensure timeliness and accuracy of the general ledger and subsidiary records.
- Perform monthly and year-end closings and account reconciliations, including monthly reconciliations with the advancement department.
- Oversee bi-weekly payroll.
- Prepare and analyze monthly, quarterly, and annual financial reports and forecasts for the President, Council, Committee chairs and auditors as appropriate.
- Ensure successful cash management including preparing forecasts and recommending funding sources/transfers as appropriate.
- Develop budgets and financial analyses.
- Track funds and investments in the endowment, and manage transfers/draws to support the operating budget.
- Collaborate with advancement and program professionals to support grants budgeting, implementation, and financial reporting.
Internal Controls, Policies & Procedures
- Recommend and enforce internal controls to safeguard assets.
- Ensure finance records and systems align with GAAP.
- Evaluate the effectiveness and efficiency of the Society’s accounting and related software platform and modules, with an eye to moving operations to a paperless environment.
- Implement asset capitalization policy; maintain records for amortization and depreciation of capital assets.
- Oversee year-end audit, compliance reporting, MA annual report filings.
Administration & Operations Management
- Manage and collaborate with managers for Human Resources, Information Technology, and Buildings & Grounds.
- Develop capital budgets to support future investments in information technology hardware/software and facilities and grounds.
- Ensure cybersecurity and ADA compliance across facilities.
- Lead operations risk management, including employment compliance, cybersecurity, ADA compliance, and appropriate insurance coverage (worker’s compensation, D&O, commercial liability, etc.) American Antiquarian Society uses a variety of tools in its finance and operations: AccuFund software, Paylocity payroll services, Raiser’s Edge CRM, and Microsoft Office tools including Word, Excel, Outlook and Teams.
Successful candidates for this position will bring a variety of experiences and competencies to the Society including:
- Alignment with American Antiquarian Society’s values.
- Minimum 5 years relevant experience in roles managing finance, accounting, and operations.
- Nonprofit finance and accounting with experience in grant revenues (foundation & government), current revenue recognition standards, and restricted and unrestricted funding preferred.
- Minimum 2 years supervisory experience.
- Demonstrated ability to work effectively and collaboratively with team members, council members, and external business partners.
- Detail-oriented and skilled at financial analyses and projections.
- Excellent oral and written communication skills; demonstrated ability to communicate financial information to non-financial audiences.
- Bachelor’s degree in Accounting, Business, or Finance; or relevant nonprofit
accounting experience. CPA, MBA, and/or MS in Finance or Accounting preferred.
- Proficiency in Microsoft Office programs; advanced Excel proficiency preferred.
- Experience with AccuFund or other nonprofit accounting systems and major payroll software; experience with software that supports electronic accounts payable, timesheets, and/or budgeting a plus.
How to Apply