The Institute of Contemporary Art

25 Harbor Shore Drive
Boston, MA 02210
www.icaboston.org

Date Posted:
May 08, 2017

Region:
Eastern Massachusetts

Category:
Operations/Finance

Type:
Full-Time

Chief Financial Officer

Description:

The Chief Financial Officer will assist with charting the financial health of the ICA through strategic financial planning and modeling, forecasting, budgeting and tracking. The CFO will ensure the ICA’s financial management systems, databases, controls and reporting requirements meets or exceeds accounting standards and informational business needs. Ideal candidate will assist with monitoring the employee benefits package in an effort to ensure it is competitive for attracting and maintaining a diverse, qualified and motivated workforce.

Responsibilities

  • Develop financial models and strategies allowing the ICA to meet its financial goals and objectives
  • Assume full control of the Accounting department inclusive of payroll, financial controls, AP/AR, accounts/donor receivables, budget tracking and financial statements
  • Collaborate with Senior management and Controller on all facets of the annual operating and capital budgets
  • In conjunction with the Controller, oversee the annual financial audit, preparation of financial statements and the organization tax filings
  • Ensure accounting policies, procedures and systems meet or exceed applicable industry regulations
  • Complete financial surveys and grant specific financial reports
  • Develop and maintain external relationships with banks and other financial institution
  • Negotiate and secure business loans and lines of credit

· Manage the ICA’s 403(b) retirement plan

· Ensure effective corporate and merchant credit card systems are in place and monitor cash flows

  • Collaborate with Investment Committee to track performance and oversee the management of all investments
  • Keep abreast of the ICA’s endowed funds and report when necessary

· Serves as staff liaison to the Board’s Audit, Finance, and Investment Committees

Qualifications:

· Bachelor’s Degree in Finance, Accounting, Arts Administration or a related field; MBA or CPA is preferred

· Minimum of seven to ten years of financial management experience with a minimum of five years working in a senior level position or non-profit organizations; prior supervisory experience is required.

· Thorough understanding of not for profit financial statements and accounting standards.

· Ideal candidate must have excellent financial management, planning, budgeting, and organizational skills; understanding of financial issues associated with cultural institutions is preferred.

· Possess excellent written and verbal communication, presentation, negotiating, and project management and organization skills.

· Prior experience working with board committees is preferred.

· Proficiency with MS office suite particularly Word, Excel and Power point.

· Experience with accounting software packages is strongly preferred.

· Possess a demonstrated ability working in a collaborative environment.

· Must have high levels of interpersonal and management skills with the ability to partner with diverse groups of internal and external constituents.


The salary for this position is commensurate with the candidate’s education and experience. The ICA offers an excellent benefit package that includes health and dental insurance, flexible spending plans, 403(b) retirement plan, short and long term disability plans and a generous time off policy.


How To Apply:

Interested candidates should send a cover letter, resume and salary requirements to jobs@icaboston.org. When applying, include “CFO” in the subject line of the email.


The ICA is an Equal Opportunity Employer.

Apply by:
June 17, 2017
About this Organization:

The Institute of Contemporary Art strives to share the pleasures of reflection, inspiration, provocation, and imagination that contemporary art offers through public access to art, artists, and the creative process.

The ICA’s primary activities are to present outstanding contemporary art in all medium, including visual art exhibitions, music, film, video, and performance that is deserving of in depth public attention to Boston audiences. To provide innovative experiential learning opportunities for people of all ages through direct encounters with artists and art making. To design interpretative programs that provide context for, develop appreciation of, and add meaning to contemporary art and culture