Controller

The Newark Museum Of Art•Newark, NJ

14h•$125,000 - $140,000•Hybrid

About The Position

As a member of the Directors Group within the Leadership Team, the Controller is critical to the Museum’s Strategic Vision Plan. The Controller develops strong partnerships with department heads to promote cross-functional work. This individual oversees financial governance strategy and compliance, and will work closely with the Interim CFO and Interim COO to keep Finance Committee members and the Trustees abreast of critical financial matters. Responsible for continuously evaluating the Museum’s financial risks to mitigate and minimize exposures. Leads financial business process improvement and change management. Collaborates to implement the organization’s strategy, while promoting collective effort and unity.

Requirements

CPA or equivalent certification is required.
Minimum ten (10) years’ experience in accounting; with five (5) years functioning in a leadership role; nonprofit experience required.
Demonstrated expertise in financial planning and analysis, audit management, budgeting, general ledger oversight, payroll, and grant accounting.
Progressive experience managing diverse teams, including hiring, mentoring, and performance development.
Experience with Blackbaud required.
Ability to translate complex financial concepts into clear insights for trustees, artists, department leaders, and external stakeholders.
Proven capacity to manage multiple complex initiatives simultaneously with precision and sound judgement.
Strong project management skills are required.
Excellent communication skills both written and verbal.
Possesses extensive ERP implementation experience and understands the IT controls in finance.
Has high level of Project Management skills
Holds in-depth knowledge and stands as Subject Matter Expert in accounting rules and regulations including: USGAAP, USGAAS, FASB Accounting Section Codification (ASC) 958 Not for Profit Entities, Yellow Book Audit, IRS regulations, and other finance and compliance requirements.
Strong interpersonal skills, with the ability to engage with individuals from diverse backgrounds.
High attention to detail, accuracy, and internal control integrity.
Emotional intelligence and sensitivity to the creative culture of a museum environment, operating effectively within a collaborative leadership structure.

Nice To Haves

Experience in grant compliance; familiarity with Uniform Grant Guidance (UGG) a plus.
Knowledge of Raiser’s Edge preferred.
Audit experience is preferred.
Governmental reporting experience is preferred.

Responsibilities

Completes monthly, quarterly, and annual closing on a timely basis.
Oversee financial governance strategy and compliance.
Develop an annual budget, forecast and/or mid/long-term financial plan in collaboration with the Museum’s senior leaders and department heads.
Establishes, reviews, and standardizes the Museum’s accounting policies and procedures.
Responsible for assessing the design and effectiveness of internal controls.
Works with user departments to search for improvements and provide practical solutions.
Oversee the purchase-to-pay business cycle.
Manages expense classifications, accounts payables and accruals.
Oversee the revenue cycle by monitoring various income streams, ensuring accuracy and completeness of financial records, and assessing the collectability of receivables.
Works closely with the Development department to manage grants and contributions and assist in related grants reporting.
Oversees merchant banking and other online transactions to ensure completeness and accuracy.
Develops and tracks capital project budgets with Facilities and Development departments.
Monitors and adapts to changes and deviations.
Responsible for the issuance, maintenance, and improvement of managerial reporting.
Provides monthly variance analysis and solutions to the deviations.
Responsible for various presentation materials for committees, executives, and other ad hoc projects.
Ensures timely issuance of audited financial statements and filing of various tax forms including Form 990.
Primary contact for an external accounting firm.
Manages cash flows.
Maintains effective banking and broker relationships and employs their services.
Maintains a healthy level of working capital by utilizing cash flow from revenue and purchase cycles.
Monitors various financing vehicles to manage cash flow and maintain sufficient working capital, including debt, credit cards, and other liabilities.
Monitors financial covenant requirements and ensures the requirements are met.
Trains, develops, and mentors internal accounting teams.
Collaborates closely with the People and Culture team to ensure accuracy of compensation and benefits.
Collaborates closely with the Grants Compliance team to ensure effective journal controls are in place.
Commits to advancing the Museum’s commitment to a culture of inclusive excellence.