The Museum of Modern Art (MoMA)
Position Type: Full-Time (Paid)
Primary domain: Arts, Culture and Humanities
City: New York
Postal code: 10019
State: New York
Country: United States
Established in 1929, The Museum of Modern Art is the world’s preeminent institution dedicated to the art of our time. With a dynamic exhibition program and one of the world’s largest collections of modern and contemporary art, MoMA bridges the past and present, the established and the experimental, bringing new ideas to over three million onsite visitors per year—and many more millions in the digital realm. We offer an exciting, inclusive work environment for innovative, talented individuals who are eager to take part in MoMA’s mission, responding to new ideas and initiatives with insight, imagination, and intelligence.
ABOUT THE ORGANIZATION:
The Museum of Modern Art (“MoMA”) is a private, non-profit institution chartered by the State of New York Department of Education in 1929 to foster public awareness of modern and contemporary art. In pursuit of this goal, the Museum has collected approximately 200,000 works of art across a myriad of mediums. As a central part of its mission, the Museum also operates a scholarly publishing program, conducts an extensive education program, and maintains a major library, archives, and conservation laboratory that are recognized as international centers of research. Its exhibitions are circulated nationally and internationally.
The Museum has an annual budget of ~$150 million with admission fees and membership dues, grants from individuals, foundations, and corporations, investment income, revenues from retail operations, and other revenues representing the primary sources of support. Investment income for operations is generated by an endowment of approximately $1.2 billion.
To learn more, please see: https://www.moma.org/
ABOUT THE POSITION:
The Museum of Modern Art is currently seeking a Controller to lead the accounting and reporting operations for the organization. Reporting to the Chief Financial Officer and managing and motivating a team across Accounting and Payroll with key interfaces to Finance and Human Resources, among other areas, the Controller is a key role in the organization. As a key position in the organization, the Controller will maintain oversight and compliance of all external financial reporting and ensure that internal reporting metrics and processes are tied to the strategy and operations of the Museum. The Controller will also work closely with program leaders and their staff, both to educate and support them regarding finance and accounting, and to explore opportunities for continuous improvement in supporting program operations via the cloud-based systems that undergird MoMA’s internal control and reporting structure.
As a key member of the Finance leadership team, the Controller will support in presenting financial information to the Board and will work closely with the executive leadership team.
Responsibilities include, but are not limited to:
Management of Compliance, Accounting, and Reporting
Oversight of all external financial reporting, including financial audits of the Museum’s ~$150 million annual budget and $2 billion in total assets, IRS and other tax reporting and compliance, bond compliance, and State reporting as required
Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate generally accepted accounting principles (GAAP) and regulatory requirements
Manage and coordinate the activities of the Accounting team to ensure the timely close of monthly financial activities and preparation of accurate monthly and year-end financial statements and other key performance metrics from the general ledger
Oversee the Museum-wide payroll through management of the Payroll team and in coordination with Human Resources
Liaise with the fundraising team to ensure timely receipt of all pledge payments and ensure donor restrictions are adhered to and correctly reflected in financial statements
Oversee cash management and coordination with the Investments team as appropriate
Supervise/manage accounting and analysis of various other earned revenue streams, including Retail stores and Museum admission fees, and major cost areas
In coordination with General Counsel and the curatorial areas, maintain and interpret contractual obligations related to art acquisitions and sales
Lead, manage, motivate, and mentor a direct staff of approximately twelve people, (consisting of union and non-union staff) in a dynamic and decentralized environment that requires a collaborative and communicative culture and is highly responsive and adaptive to the needs of Museum constituents
Hire, develop, mentor and train team members to achieve individual and organizational goals; build a team that provides exceptional service and support
Leverage strengths of the current Accounting and Payroll team members, clarify roles and responsibilities, and develop and implement training programs in order to maximize and reach optimal individual and organizational goals and build trust
Manage and coordinate outside expertise as needed, including actuaries, tax experts, attorneys, and other professionals
Assist the CFO on the organization’s financial and administrative processes with an eye to continuously developing and improving processes and systems
Present to the Audit Committee of the Board of Trustees and senior management and work closely with the senior leadership team as required in preparing for Finance, Investments, and Audit Committee meetings of the Board of Trustees
Partner with Finance, Human Resources, Information Technology, Management Information, and other staff to enhance and improve underlying technology, processes, and functionality
Generate and support special projects and strategic decisions as needed; work proactively to improve the operating and financial performance of the Museum, rethinking existing strategies, structures, processes, and technology when necessary
Work closely with Museum leaders and their staff to provide and facilitate program support and initiatives as needed; provide superior customer service and promote a positive and supportive work environment
Provide leadership in strengthening internal communications with staff at all levels throughout the organization and in supporting the organization’s diversity and inclusion priorities
Collaborate with key business leaders in leveraging systems for the timely reporting of key performance indicators and monthly financial reporting as part of a data driven approach to Museum-wide decision-making
At least seven to 10+ years of professional experience in accounting and finance, evaluating, presenting, and reporting financial information to executive teams and external stakeholders
Experience managing professional accounting staff within a large and complex organization either as a divisional Controller (> $100 million in revenues) or the Controller of an organization (> $100 million in revenues); ideally the individual will have experience in a complex nonprofit or forprofit that has multiple revenue streams and programming activity
Personal qualities of integrity, credibility, and unwavering commitment to the Museum’s mission
Experience coordinating audit activities and managing reporting, analysis, disbursement, receivable collection, general ledger, payroll, and investment accounting
Strong interpersonal and communication skills; capable of managing difficult situations with tact and diplomacy
Experience in effectively communicating key data, including presentations to senior management, board members, or other outside partners; ability to interpret and translate complex financial concepts to individuals at all levels
Technologically savvy with experience leveraging cloud based platforms for collaboration and a willingness to explore the potential of new technology developments
Advanced knowledge of accounting and reporting software. Specific knowledge of Salesforce and FinancialForce a plus; familiarity with Business Intelligence/Analytics software also a plus
Keen analytic, organization, and problem-solving skills which allows for strategic data interpretation and presenting proposed solutions to solve problems.
Demonstrated ability to translate complex financial concepts to individuals at all levels including finance and non-finance managers, with a strong customer service orientation
Minimum Bachelor’s degree with a CPA preferred
Salary and benefits will be competitive and commensurate with experience.
Commensurate with Experience
Posting Expiration Date:
How to Apply:
QUALIFIED INDIVIDUALS, PLEASE APPLY:
The Museum of Modern Art is an equal opportunity employer and considers all candidates for employment regardless of race, color, sex, age, national origin, creed, disability, marital status, sexual orientation or political affiliation.
On-Ramps is deeply committed to diversity, equity, and inclusion. We believe social change happens when people with a wide range of backgrounds, experiences, and identities come together with a common purpose. We’re partnering with the team at MoMA to build a team that reflects their mission and work.
Posted By: On-Ramps
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