Finance / Accounting
Chief Financial Officer
About the Position
The New York Hall of Science is seeking a Chief Financial Officer to lead the company's vital finance function. Reporting to the President and CEO and serving on the executive team, the CFO will oversee financial strategy, operations and compliance during a time of exciting growth. In partnership with the executive team, the Board's Finance and Audit Committee, and other leaders of the organization, the CFO will capitalize on opportunities and proactively address challenges to ensure NYSCI is able to advance its work on the local, national, and international levels.
The CFO will manage a department of 20, with 4 direct reports and an overall budget of $18M.
Responsibilities include, but are not limited to:
Organizational Leadership & Strategy
- Oversee financial decision-making to support organization-wide strategic planning and financial growth opportunities. Advise the CEO and executive team on the organization's financial performance and long-term financial planning
- Serve as organizational leader and manager, exemplifying strength as a team leader to:
- Manage and mentor a highly effective and diverse team to achieve ambitious results, supporting a high standard of excellence and accountability
- Communicate a compelling vision and strategy for the finance function as well as the team and individual goals to drive successful execution of that strategy
- Build a team culture of optimism, excellence, transparency, and adaptability in a rapidly changing environment, supporting team members' learning, development, and career growth
- Report financial information and trends to the Board and manage relationships with the Board's Finance and Audit Committee.
- Partner with the CEO and executive team on key strategic issues and decisions, informed by rigorous financial analyses, risk assessments, "what if" scenario modeling, and due diligence
- Shape an organization-wide culture of financial literacy, empowering leaders to take ownership of their team's budgeting and financial needs
- Foster a culture that encourages growth and supports diversity, equity and inclusion throughout the organization and the work
- Develop and maintain ongoing collegial relationships and exchange of best practices with senior finance staff in New York City nonprofits and cultural institutions
- Develop and manage dynamic financial and business planning models, along with performance metrics, that drive the development of monthly and quarterly reports and the annual budgeting process
- Work with the senior staff, managers and the CEO to produce the annual budget, and establish metrics that can be tracked on a regular basis to assure fiscal control.
- Manage all finance and accounting functions, including day-to-day financial reporting, working capital and cash management, FP&A, financial controls and risk management
- Oversee grants and contract management to ensure optimal allocations to indirect cost recovery, working with both institutional advancement staff and principal Investigators to ensure the appropriate fiscal management of grants and contracts and reporting to all funders
- Ensure effective and compliant business operations, where risk is evaluated and mitigated on an ongoing basis
- Recognize and anticipate opportunities and challenges related to financial systems and processes
- Establish strong external relationships and negotiate with creditors, service providers, and other financial entities
- Ensure all financial audits and related filings are completed on-time and in good standing
Information Technology, Operations, and Facilities
- Manage departmental leads in each of Information Technology, Operations, and Facilities functions, providing coaching, support, and accountability
- Serve as a thought partner, particularly with regard to the allocation of resources and strategic decision making, to each of the departmental leads
- Ensure that all facilities practices and expenditures are in compliance with relevant regulations and funding / grant commitments (e.g.: FEMA requirements)
- 15+ years of financial leadership experience, with a minimum of three years of experience leading the finance function for a dynamic nonprofit organization
- Exceptional strategic and analytical skills, including financial planning, forecasting, modeling and data analysis
- Track record of providing enterprise-wide financial planning and analysis to support decision-making, budget development and budget management
- Demonstrated ability to build relationships with and engage diverse, high-level board members and senior team leaders
- Demonstrated ability to translate big picture strategy into workable finance processes and systems for day-to-day operations
- Track record of success in leading and mentoring high-performing teams
- Ability to lead during periods of change, with a sense of calm, optimism, and pragmatism
- Capacity to thrive in a fast paced, complex organization, working with teams that have competing priorities and unpredictable schedules and agendas
- Strong communication skills; confidently and clearly conveys information and the rationale for decisions
- Takes a teaching orientation when working with others; able to translate complex information and empower others to utilize financial information when making decisions
- CMA (Certified Management Accountant), CFM (Certified Financial Manage), and CPA (Certified Public Accountant) are preferred.
- Sage MIP Fund Accounting experience is a plus.
COMPENSATION AND BENEFITS:
Compensation will be in the $200,000-$250,000 range.
The New York Hall of Science also offers generous benefits and perks for all regular full-time employees. These currently include:
- Health, dental and vision insurance options
- Flexible spending accounts for healthcare, dependent care and commuter benefits
- Pension plan and 401k plan
- Free life insurance coverage
- Paid vacation and sick leave
- 13 paid holidays
- Flexible work schedules
- Employee Assistance Program
- Free onsite parking
NYSCI strives to be an inclusive and equitable place to work and works to foster diverse voices and perspectives, empower staff as problem solvers, and support professional growth for all. NYSCI is an equal opportunity employer committed to fostering an inclusive and innovative environment with the best employees and employment opportunities without regard to age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, military service, marital status or any other protected status in accordance with applicable law. We support a drug-free workplace. If there are preparations we can make to help ensure you have a comfortable and positive interview experience, please let us know.
ABOUT THE ORGANIZATION
NYSCI is New York City's premier interactive museum of science and technology, as well as a global leader in STEM education and a laboratory for new forms of learning. Founded during the 1964 – 1965 World's Fair, NYSCI is recognized for groundbreaking exhibitions, innovative educational programs, youth development and mentorship, teacher professional development initiatives, and large-scale events that draw children and adults into experiential STEM learning.
Located in Flushing Meadows Corona Park, in the borough of Queens, NYSCI welcomes more than 400,000 visitors annually. The cultural vibrancy and diversity of NYSCI's audiences are among the museum's greatest assets. NYSCI is committed to ensuring that our exhibits and programs are broadly accessible, relevant to all learners and reflective of our visitors' creativity and curiosity.
This commitment stems from our mission – to nurture generations of passionate learners, critical thinkers and active citizens through an aspirational approach to learning called Design, Make, Play . We encourage hands-on experimentation, critical thinking, and iterative problem-solving, and design experiences that enable everyone to feel confident and empowered as STEM learners — an approach that has equity and inclusion baked into its core.