Chief Financial Officer (CFO) Job at Motown Museum, Detroit, MI

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  • Motown Museum
  • Detroit, MI

Job Description

About Motown Museum

In the 1960s, Hitsville U.S.A. was buzzing with activity. These modest buildings on Detroit’s West Grand Boulevard housed dozens of the music industry’s most talented, passionate and successful people. More than half a century later, the walls of Motown Museum continue to hold that entrepreneurial energy for its staff—and you could be part of our team. 

As a museum and cultural institution, we seek to hire talented and skilled individuals interested in careers, internships, and volunteers across a variety of functions—including staff for collections, programming, fund development, guest services, retail, management, and more.

Overview

The Chief Financial Officer is responsible for enacting a strategic vision as well as day-to-day accounting functions, budgeting and forecasting for the organization and expansion. This person is also responsible for Museum Services, Systems and IT.

Essential Functions

Executive Leadership

  • Promote strategic vision of the organization and direct the Museum Operations including overseeing Museum Services, Systems and IT.
  • Along with the CEO and COO, develops and implements actionable strategic plans to achieve short- and long-term goals in alignment with the Museum’s mission.

Financial Management

  • Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
  • Achieves accounting operational objectives by contributing accounting information and recommendations to strategic plans and reviews; preparing and completing action plans; implementing production, productivity, quality, customer service standards; and resolving problems. identifies trends; determines system improvements; & implements change.
  • Completes audits; Work with outside auditors and prepare work papers to complete the fiscal year-end audit, annually.
  • Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing financial reports for Board meetings and other meetings as needed.
  • Maintains accounting controls by establishing a chart of accounts; defining accounting policies and procedures.
  • Guides other departments by researching and interpreting accounting policy; applying observations and recommendations to operational issues.
  • Provides financial data and support services for grant submissions.
  • Troubleshoot online ticket sales and process payments as needed.
  • Maintains financial security by establishing internal controls.
  • Avoids legal challenges by understanding current and proposed legislation; enforcing accounting regulations; recommending new procedures.
  • Protects organization’s value by keeping information confidential.
  • Accomplishes accounting and organization mission by completing related results as needed.
  • Reconcile accounts, prepare invoices, and process sales tax.
  • Create and record payroll journal entries in Excel and QuickBooks.
  • Prepare and track budgets.
  • Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.

Staff Management and Administration

  • Foster an open, positive and collegial organizational culture.
  • Creates and applies creative solutions to problems; adapting and shifting as needed.
  • Participates in and attends museum administrative team meetings, institutional programs and events as needed.

Competencies

  • Proven executive management and visionary leaderships skills
  • Exceptional communication skills
  • Demonstrated strategic planning ability
  • Exceptional organizational skills
  • Ability to prioritize and manage multiple tasks
  • Knowledge of technical advancements experience with systems implementation
  • Strong working knowledge of accounting principles, financial reporting and operations management
  • Strong analytical and problem-solving skills
  • Customer service and detailed oriented
  • Ability to work in a fast-paced environment
  • Ability to manage multiple tasks and priorities
  • Ability to operate a 10-key calculator and copy machine to perform calculations and produce and scan documents
  • Organizational astuteness
  • Capable of making impactful decisions
  • Ability to work independently as well as part of a team
  • High degree of integrity and ability to maintain confidentiality
  • Proficient in QuickBooks, Microsoft Office Suite, Accounting Software and Outlook 365
  • Knowledge of ADP time clock software and payroll processing a plus
  • Knowledge of Retail Inventory accounting a plus

Supervisory Responsibility

Yes. This position manages the Staff Accountant.

Work Environment

This position operates in an office setting. This role routinely uses standard office equipment such as computers, a 10-key calculator, phones, photocopiers, filing cabinets, and fax machines.

Physical Demands/Strength

While performing the duties of this position, the employee is regularly required to sit and use repetitive motions. The employee is occasionally required to reach, handle, grasp, talk, and hear. Rarely, does the position require standing, walking, lifting, carrying, pushing, pulling, climbing, balancing, stooping, kneeling, crouching, crawling, feeling, and eye/hand/foot coordination. The position requires little physical effort.

Environmental Conditions

Moderate noise.

Position Type/Expected Hours of Work

Salaried.

Travel

None.

Education/Experience

  • Bachelor’s Degree (required) in Accounting (preferred)
  • Accounting certificate, Masters degree in Accounting or Business Administration (MACC, CPA, CMA OR MBA) preferred
  • 7+ years of accounting experience in a nonprofit environment.
  • Ability to troubleshoot issues with POS, Altru, website, IT, and phones (preferred).
  • Ability to automate processes when applicable.

AAP/EEO

Motown Museum is an equal employment opportunity employer.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Job Tags

Temporary work, Internship, Work at office, Shift work,

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