Senior Director of Accounting
Post Date: May 30, 2024- Organization Name: The Connecticut Museum of Culture and History
- Organization URL: https://www.connecticutmuseum.org/
- Job Type: Full Time
- Contact Email Address: spresutti@connecticutmuseum.org
- Contact Phone Number:
- Deadline: July 26, 2024
- Reports to: Executive Director/CEO
- Department: Administration
- Classification: Non-exempt
KEY RESPONSIBILITIES
The Senior Director will be a seasoned financial leader with the demonstrated track record to lead finance and oversee information technology. S/he will have the following responsibilities:
- Develop an in-depth understanding of the vision, program, and strategic priorities for Connecticut Museum; and
- Participate actively on the Executive Team and Management Team, contributing to overall organizational initiatives.
Financial Leadership
- Lead and oversee business and financial management, including bookkeeping (general ledger, accounts receivable and payable, reconciliation), mark to market accounting, endowment and grant accounting, payroll, contract administration, banking, and investment portfolio management;
- Manage partnerships with the Connecticut Museum’s investment management vendors;
- Responsible for the accuracy and integrity of all financial data and reporting;
- Manage endowment accounting;
- Oversee accounts payable and receivable process, invoice preparation, review accounts receivable to identify collection issues, and recording of cash receipts and bank deposits;
- Oversee monthly reconciliations of bank, credit card account, and balance sheets;
- Prepare other financial schedules as requested by the Board of Trustees and organizational leadership;
- Supervise the business office staff in the performance of accounts payable and receivable processes; recording of cash receipts and bank deposits; preparing trial balance and reconciling entries; monthly reconciliations of bank, credit card accounts, and investment statements; preparation of monthly financial statements and internal budget reports; and processing of Museum staff payroll and applicable fringe benefits;
- Partner and support the Connecticut Museum’s auditing firm to complete the annual audit process, implementing generally accepted principles and practices for financial statements and annual audited financial statements and to provide support for the completion of the IRS Form 990 and other related financial reports to assure regulatory compliance;
- Partner with the Executive Director/CEO, senior staff, and the Finance Committee of the Board of Trustees to prepare the annual budget;
- Responsible for all retirement plan audits and required reporting;
- Work collaboratively with the Director of Human Resources to ensure the Museum’s compliance with applicable 403 (b) regulations and employee benefit offerings, audits, and required reporting, while assisting in the management of the various plan designs and their budgetary impacts;
- Develop and lead financial forecasting and fiscal strategies;
- Perform contract reviews;
- Serve as primary staff liaison to the Finance, Investment, and Audit Committees of the Board of Trustees and
- Work with the Executive Director/CEO on potential alternative expansion opportunities for the organization including appropriate due diligence tasks.
- Information Technology
- Oversee the Connecticut Museum’s information technology vendor, Innovative Network Solutions, who will support staff and end users by understanding, diagnosing, and resolving issues with information technology (e.g., desktop support, network management, user management);
- Oversee the Museum’s information technology program, including maintenance, user support, server management, and the completion of the cloud migration;
- Oversee the strategic development of information technology policy, procedures, and practices ensuring effective utilization and updating of technology systems;
- Manage hardware life cycles and institutional computer services (excluding discipline specific applications), including the hiring and monitoring of an outside IT service vendor, as applicable;
- Manage procurement for hardware, including copies, scanners, telephones, and audio, visual, and meeting equipment; and
- Manage and lead strategic decisions for file management and computer software (including Office Suite, TMS, Bibliovation, Adobe, InDesign, Altru, Accufund, Paycor).
IDEAL QUALITIES
The Connecticut Museum seeks an energetic, passionate, and seasoned financial leader. In addition to the demonstrated ability to meet the above responsibilities and competencies, the ideal candidate will possess the following qualities and experience:
- Passion and energy for the Connecticut Museum’s mission and vision, collection, public programs, and exhibitions;
- Emotionally intelligent and mature leader with the stature, energy, and experience to effectively engage and support colleagues, staff, and external partners;
- Exceptional analytical and organizational skills, attention to detail, and ability to manage multiple tasks and meet multiple, recurring deadlines;
- Strong financial knowledge with an understanding of a fund accounting environment, endowment accounting, and grant accounting and reporting;
- Experience in managing change, improving processes, effectively collaborating with peers, and being comfortable with role versatility dependent on context;
- Strong verbal and writing skills, high attention to detail and follow-up, and excellent organizational and project management skills;
- Confidence and flexibility, combined with focused energy, patience, and a healthy sense of perspective;
- Ability to creatively solve problems and design systems and procedures to meet current and long-term needs
- Strong computer skills with working knowledge of accounting software (AccuFund or similar software), cloud/file management, and IT systems and environment, with comfort working and teaching users about new technologies and systems
- Significant experience in non-profit financial management
- Experience and proven ability to supervise employees
- The ability to work with diverse staff members, members of the board of trustees, and representatives of outside funding sources;
- Public-private partnership experience preferred; and
- Bachelor’s degree in Finance, Accounting, Business, or related field required; advanced degree preferred.
COMPENSATION AND BENEFITS
The compensation and benefits package will be competitive and commensurate with the successful candidate’s background and experience.
The Connecticut Museum is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
CONFIDENTIAL INQUIRIES AND HOW TO APPLY
The Connecticut Museum of Culture and History has retained Freeman Philanthropic Services, LLC to assist on this recruitment. FPS is a national leader in executive recruitment for the not-for-profit sector and brings a proven track record of recruiting top talent to diverse institutions.
Please send all confidential inquiries, applications, and nominations directly to FPS via email at ConnecticutMuseumAccountant@glfreeman.com.
All applications must include: (1) an up-to-date resume; (2) a formal letter of interest (addressed to Gail L. Freeman, President of FPS) that specifically cites the experiences that best prepare the applicant for this role and why this particular opportunity at the Connecticut Museum is the logical and desired next step in their career, and (3) a list of references. Additional materials and information will be requested during the search and interview process.