Vice President of Finance

Finance · Miami, Florida
Department Finance
Employment Type Regular, Full-Time
Minimum Experience Senior Executive

ABOUT THE NATIONAL YOUNGARTS FOUNDATION 


The National YoungArts Foundation (YoungArts) was established in 1981 by Lin and Ted Arison to identify the most accomplished young artists in the visual, literary and performing arts, and provide them with creative and professional development opportunities throughout their careers. Through a wide range of annual programs, performances, and partnerships with some of the nation’s leading cultural institutions, YoungArts aspires to create a strong community of alumni and a platform for a lifetime of encouragement, opportunity and support.   


YoungArts’ signature program is an application-based award for emerging artists ages 15–18 or in grades 10–12 from across the United States. Selected through a blind adjudication process, YoungArts winners receive valuable support, including financial awards of up to $10,000, professional development and educational experiences working with renowned mentors—such as Debbie Allen, Mikhail Baryshnikov, Frank Gehry, Wynton Marsalis, José Parlá, Jeanine Tesori, Mickalene Thomas and Salman Rushdie—and performance and exhibition opportunities at some of the nation’s leading cultural institutions, including the John F. Kennedy Center for the Performing Arts (Washington, D.C.), The Metropolitan Museum of Art (New York), The Museum of Modern Art (New York) and New World Center (Miami). Additionally, YoungArts winners are eligible for nomination as U.S. Presidential Scholars in the Arts, one of the nation’s highest honors for high school students who exemplify academic and artistic excellence. 


YoungArts winners become part of a thousands-strong alumni network of artists, which offers them additional professional opportunities throughout their careers. YoungArts alumni who have gone on to become leading professionals in their fields include actresses Viola Davis, Anna Gunn, Zuzanna Szadkowski and Kerry Washington; Broadway stars Raúl Esparza, Billy Porter, Andrew Rannells and Tony Yazbeck; recording artists Josh Groban, Judith Hill and Chris Young; Metropolitan Opera star Eric Owens; musicians Terence Blanchard, Gerald Clayton, Jennifer Koh and Elizabeth Roe; choreographers Camille A. Brown and Desmond Richardson; visual artists Daniel Arsham and Hernan Bas; internationally acclaimed multimedia artist Doug Aitken; New York Times bestselling author Sam Lipsyte; and Academy Award winners Doug Blush and Tarell Alvin McCraney.


For more information, visit youngarts.orgFacebookInstagram or Twitter.
To watch a brief video about YoungArts, click here.


VICE PRESIDENT OF FINANCE


General Summary:

The Vice President of Finance oversees all aspects of YoungArts’ finances and operations. Operations includes IT and facilities management (engineering, custodial, landscaping, security, and general property management). Reporting to the Executive Director and serving as a key member of senior leadership, the Vice President will be responsible for advancing YoungArts’ approach to financial and operational management and contributing to YoungArts’ overall strategic direction. In addition, this person will be responsible for financial projections and forecasts, performance and reporting, banking and insurance, compliance and accounting and will ensure that accurate and useful financial reporting and modelling guides decision-making. The Vice President will be responsible for ensuring that best processes and policies are in place for both finance and operations. The Vice President will manage a team of eight staff and oversee relationships with a number of external vendors and consultants.


This is a great opportunity for a proven leader with strong analytic, finance, and operational skills to contribute to a mission-driven organization in the arts.


Key Responsibilities: (Performs other duties as assigned)


Strategy, Vision and Leadership

  • Advise the ED and other key members of senior management on financial planning, budgeting, cash flow, investment priorities, and policy matters.
  • Serve as the management liaison to the board and finance, investment, and audit committees; effectively communicate and present critical financial matters at select board of trustees and committee meetings.
  • Contribute to the development of strategic goals and objectives as well as the overall management of the organization.
  • Maintain continuous lines of communication, keeping the ED informed of all critical financial and operational issues.
  • Represent the organization externally, as appropriate, particularly in banking and negotiations.
  • Play a strong strategic role in designing and implementing processes, frameworks, systems and reporting that allow us to capture and utilize timely and accurate data across the business to make better decisions.
  • Contribute to key strategic decisions, including how and whether to pursue opportunities to extend YoungArts’ work, helping to chart and model out potential economic models for different options.
  • Demonstrate a strong commitment to diversity, equity, and inclusion, both in interactions internally and in approaches to processes such as vendor selection.


Team Development/Leadership

  • Oversee, direct, and organize the work of the finance, IT, and facilities management teams and vendors.
  • Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.
  • Ensure staff members receive timely and appropriate training and development as it relates to finance and operations practices.
  • Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer salary adjustments.
  • Mentor and develop staff using a supportive and collaborative approach: monitor and evaluate results.


Operations

  • Working to continually assess and upgrade YoungArts’ approach to internal controls, compliance with accounting standards, and other relevant finance policies and practices.
  • Plan, coordinate, and execute the annual budget process.
  • Ensure that YoungArts is adhering to the strategic plan, delivering status reports to the ED and board.
  • Provide analytical support to the internal management team including development of internal management reporting capabilities.
  • Improve administrative and accounting services such as treasury management, grants payment processing, accounts payable, and purchasing.
  • Be responsible for preparing departmental budgets/forecasts and reviewing budget to actual performance. Prepare balance sheet, profit and loss, cash flow and supporting schedules in line with GAAP standards.
  • Preparation of periodic (monthly, quarterly and annual) financial and operating reports including comparisons with budget and analysis of variances. Complete the monthly closing of internal financials, including analysis of bank accounts, A/R, A/P and accruals along with preparation of WIP schedule, etc.
  • Work closely with the Advancement department to support contract negotiations and revenue.
  • Have oversight of collections, accounts receivable, payable, general ledger, and banking.
  • Manage outside auditors, tax professionals, corporate tax planning, payments and record keeping.
  • Manage corporate liability, property and workers comp insurance policies.
  • Directing information technology for the organization, overseeing relationship with IT vendors.
  • Work in collaboration with Human Resources to ensure accurate payroll administration and 401(k) account management.
  • Work closely with ED and legal support for contract review and management.

 

Qualifications:

  • Business or Accounting degree mandatory, an MBA and/or CPA are required
  • Minimum 10 years’ experience in a senior management role ideally with both external audit and in-house financial management experience gained in a high-growth organization
  • Experience either as an employee or board member of a nonprofit organization; must be familiar with nonprofit finance and accounting regulations
  • Proven track record of success facilitating progressive organizational change and development within a growing organization
  • Excellent judgment and creative problem solving skills including negotiation and conflict resolution skills
  • Strong mentoring, coaching experience to a diverse team with varying levels of expertise
  • Entrepreneurial team player who can multitask
  • Superior management skills; ability to influence and engage direct and indirect reports and peers
  • Self-reliant, good problem solver, results oriented
  • Energetic, flexible, collaborative, and proactive; a team leader who can positively and productively impact both strategic and tactical finance and administration initiatives.
  • Exceptional written, oral, interpersonal, and presentation skills and the ability to effectively interface with senior management, board of trustees, and staff
  • Flexible, energetic, with a high sense of individual responsibility and an ability to anticipate needs and plan accordingly
  • Ability to operate as an effective tactical as well as strategic thinker
  • Proficient in Blackbaud systems and Excel
  • Passion for the YoungArts mission


Typical Physical/Mental Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


Requires mobility.  Requires prolonged sitting, standing, walking, bending, stooping, and kneeling.  Ability to climb stairs at a rapid pace.  Ability to grasp, lift, and/or carry or otherwise move goods weighing 50 pounds.  Eye/hand coordination and manual dexterity.  Ability to distinguish letters, symbols, and colors.  Normal hearing range.  Vision must be 20/20 or corrected to 20/20 using corrective eyewear.


Working Conditions:

Work is performed in an office environment and/or in an outdoor event/venue setting.  Ability to tolerate varying conditions of noise level, temperature, illumination, and air quality. Remote working conditions are currently required, until further notice.

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  • Location
    Miami, Florida
  • Department
    Finance
  • Employment Type
    Regular, Full-Time
  • Minimum Experience
    Senior Executive