
Vice President and CFO
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Overview
Schedule
Full-time
Education
CPA
Career level
Executive
Remote
Option for remote
Compensation
$130,000-$175,000/year
Benefits
Career Development
Job Description
TITLE: Vice President and Chief Financial OfficerREPORTS TO: Chief Executive OfficerSTATUS: Exempt; full-time, 1 FTE (40 hrs/wk)LOCATION: Minneapolis. Primarily onsite, some remote work possibleCOMPENSATION $130,000 - $175,000Job SummaryThe Vice President and CFO plays a key leadership role in guiding MacPhail’s financial and mission success and reports directly to the CEO. This includes financial strategy, risk management, planning and analysis, and ensuring the overall financial health of the organization. The Vice President and CFO directly oversees the internal accounting & finance team, the internal IT team, manages relationships with financial institutions, and is a key liaison with the board Audit & Finance and Investment Committees. The Vice President and CFO will lead in a manner based on MacPhail’s core values of creativity, collaboration, responsive listening, access and inclusion, and accountability.RESPONSIBILITIES & ESSENTIAL FUNCTIONSLeadership
- Partner with the CEO on financial strategy and guidance relating to achieving the goals of the organization.
- Member of MacPhail’s Senior Leadership team providing updates, insights and input to guide decision making and business direction.
- Lead the Finance & Accounting and IT functions that support the organization’s teams, programs, projects, budgets, and mission success.
- Partner with the Development team for financial planning, reporting, and management of contributed revenue.
- Partner with Music Program leadership team to provide reporting and insights that guide balance between mission and money as it relates to program profitability.
- Inform the MacPhail Board of MacPhail’s financial efforts on a regular basis. Provide recommendations and active involvement in staffing the Audit and Finance Committee (AFC) of the Board of Directors.
- Coordinate Board AFC and Investment committee meeting content.
- Lead finance and IT department employees, providing direction for continuous improvement of processes, technology, and insights to ensure all investments and technology resources support the mission of the organization.
- Guide development of accounting procedures, practices, and internal controls that ensure transparency, accountability, and engagement in the financial sustainability of the organization.
- Responsible for investment in technology and infrastructure that supports the mission of the MacPhail; assist with vendor management to ensure financially sustainable information technology function.
- Responsible for reviewing all key organizational contracts to assess terms and challenge costs for supporting organizational functions.
- Participate in organizational wide learning, development, and culture building activities.
- Perform other duties as assigned.
- Oversee financial reporting, forecasts, dashboards, and analysis to monitor financial performance and guide decision making.
- Manage cash flow, including monitoring bank balances, processing account transfers, and reporting on endowed investments and their usage.
- Complete the final review of monthly accounting, ensuring accuracy of numbers and ability to use information to review financial performance versus budget and prior year expectations.
- Oversee relationships with banks and professional service providers.
- Lead the annual budget development process that aligns with strategic plans and goals.
- Oversee compliance and outside evaluation, including annual audit and tax return preparation.
- Bachelor’s degree in accounting, finance, or a related field required; CPA certification preferred.
- 15+ years of experience in accounting and/or financial management, non-profit industry preferred.
- 10+ years of experience successfully supervising and managing staff and teams.
- Excellent communication, leadership, and interpersonal skills.
- Mastery of and proficiency implementing FASB standards and GAAP accounting principles, including knowledge of nonprofit accounting.
- Strategic, cross-functional thinker with a strong desire to move towards implementation and action.
- Excellence in managing projects from conception to completion.
- Ability to work collaboratively and effectively with all levels of the organization.
- Consistency and goal orientation, problem-solving aptitude, flexibility, creativity, discretion, and passion for MacPhail’s mission and values.
- Demonstrated commitment to diversity, equity, and inclusion.
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FAQs About Vice President and CFO Jobs at MacPhail Center for Music
What is the work location for this position at MacPhail Center for Music?
This job at MacPhail Center for Music is located in Minneapolis, MN, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at MacPhail Center for Music?
Candidates can expect a pay range of $130,000 and $175,000 per year.
What employment applies to this position at MacPhail Center for Music?
MacPhail Center for Music lists this role as a Full-time position.
What experience level is required for this role at MacPhail Center for Music?
MacPhail Center for Music is looking for a candidate with "Executive" experience level.
Does MacPhail Center for Music allow remote work for this role?
Yes, this position at MacPhail Center for Music supports remote work, giving candidates the flexibility to work outside the primary office location.
What education level is required for this job?
The education requirement for this position is CPA. Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by MacPhail Center for Music for this role?
MacPhail Center for Music offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at MacPhail Center for Music?
You can apply for this role at MacPhail Center for Music either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.