The Director, Finance & Accounting for the Science Museum of Minnesota is responsible for accounting procedures and controls, fiscal reporting and records management, financial planning & analysis and treasury management. This position provides expertise and guidance relating to GAAP, tax implications, and regulatory compliance, as well as, decision support to Management and the Board of Trustees. This includes leading and developing the team to ensure quality operations that meet operational and regulatory requirements.
- Designs, implements, and leads financial reporting and control structures to ensure the museum complies with all applicable legal and financial regulations.
- Leads the preparation and follow through of all annual, federal, state, and Uniform Guidance. Also coordinates internal audits as needed.
- Responsible for preparation, follow through and submittal of federal, state, various trust and partnership tax returns on a timely basis.
- Leads maintenance of bank covenant certification, tax-exempt status, multi-state fundraising compliance, and the federal indirect cost rate negotiations.
- Reviews and analyzes contracts to ensure appropriate controls and regulatory compliance.
- Leads development and maintenance of accounting policies and procedures.
- Designs, implements, and leads Financial Planning & Analysis and Treasury Analysis structure to ensure the museum optimizes long-term performance and liquidity.
- Develops and leads the forecasting and annual budget processes including income statement, balance sheet, and cash flow projections.
- Analyzes monthly departmental expenditures for compliance within the approved budget, forecast and/or project;
- Provides project support to business leaders to optimize business performance.
- Provides financial analyses of operations in an effort to understand the financial impact of Museum activities.
- With CFO evaluates investment strategy and options to ensure liquidity necessary to support operations.
- Coaches, manages, supervises, and develops the Finance & Accounting team to achieve high performance.
- Manages, develops, and directs internal controls, risk management and overall controllership of all accounting functions.
- Leads grants management program.
- Member of team that manages allocation of investment activity and follow through.
- Leads Month End Close, proactively managing the month end close of the museum’s general ledger on a timely basis.
- Prepares monthly financial statements and other ad-hoc reporting as needed.
- Builds effective relationships across the organization to support successful execution of the business strategy.
- Advises senior leaders on accounting implications of initiatives designed to achieve organizational goals and objectives.
- Supports and advises Audit & Finance and Investment Committees of the BOT as needed
- Promotes training and process simplification to enhance efficiencies and build fiduciary skills throughout the organization.
- Provides accurate and timely external reporting to fulfill regulatory and other third party requirements.
- Performs other related duties as assigned.
CRITICAL SUCCESS FACTORS
- Communication: Expresses oneself clearly in conversations and interactions with others and ensures that information is shared with others who should be informed.
- Collaboration: Develops, maintains and strengthens partnerships with others inside or outside the organization who can provide information, assistance, and support.
- Customer Service: Demonstrates an understanding of the SMM mission by ensuring that their own interactions with internal and external customers consistently support the mission.
- Fostering an Inclusive Community: Contributes to a museum environment, and people, that reflect and respond to the diverse needs and cultures of our community (internal and external).
- Results Orientation: Focuses on providing a best-in-class visitor experience through work outcomes by meeting personal and organizational work objectives.
- Management: Coaches and develops employees by providing feedback, development opportunities, and work direction while creating a sense of connection and belonging amongst staff and volunteers.
- Bachelor’s degree or equivalent experience. MBA preferred
- 7 years financial management, a minimum of 3 years in a management capacity, including nonprofit experience.
- CPA or CMA certification highly preferred.
The annual salary range for this role will be $150,000 to $180,000 commensurate with qualifications and experience. In addition, the Science Museum of Minnesota offers excellent benefits including group health insurance, dental/vision, 403b retirement match, PTO, and more.
David Edgerton Jr. of The DEJ Group has been exclusively retained for this search. To express your interest in this role, please submit your cover letter and resume via email to [email protected] All inquiries and discussions will be considered strictly confidential.
The Science Museum of Minnesota is committed to attracting, developing, and retaining exceptional people, and to creating a work environment that is dynamic, rewarding, and that enables each person to realize their potential. The Science Museum of Minnesota’s work environment is safe and open to all employees and partners, respecting the full spectrum of races, ethnicities, national origins, ages, sexual orientations, gender identities, beliefs, religions, faiths and ideologies, cultures, socio-economic backgrounds, and levels of physical ability.
ABOUT THE DEJ GROUP
The DEJ Group is a national retained executive search and recruiting firm that works to connect exceptional diverse talent with exceptional inclusive companies. We deliver measurable results, finding exceptionally talented people who truly fit the unique culture of our client organizations and ensuring that organizations have the resources and strategies to support them. For more information about The DEJ Group, visit thedejgroup.com.