Has primary overall responsibility for monitoring, reporting, and assisting the President and COO to manage the state of the institution’s financial health. Responsible for developing and monitoring the Garden’s operating and capital budgets; tracks NYBG’s long-range plans; and works with other departments to prepare and track business plans which are derived from the revenue goals of the long-range plan. Oversees financial operations, including cash and debt management, accounts payable and receivable, accounting, etc., and manages the finance system.
Specific Duties & Responsibilities
- Oversees the Financial Services Department which is comprised of budgeting, accounting, accounts payable and receivables, payroll, grants management, investments, capital debt financing, and cash management;
- Prepares, manages, tracks, and reports on the Garden’s operating budget as well as the capital budgets for each capital project;
- Oversees the annual audit;
- Tracks and reports on the Garden’s investment activities and serves as the primary liaison with the Garden’s investment managers;
- Ensures that revenue streams are budgeted, monitored and tracked through the development of annual business plans and regular reconciliation processes with primary revenue generators, including the Development department, the principal areas of earned income, endowment income, and government support;
- Ensures that the Garden complies with all government regulations with respect to government grants and contracts;
- Identifies, reviews and reports on areas of potential institutional risk and manages the Garden’s insurance program;
- Identifies, prepares, and reports financial analyses (both those that are to be regularly produced as well as those that are ad hoc) that may support the proper management of the Garden’s financial health and facilitate and long- and short-range planning;
- Reviews and executes contracts and serves as liaison to internal and outside counsel when needed;
- Serves as interdepartmental team leader for special projects and works to solve financial, management, and legal issues from an institutional perspective;
- Oversees the management of financial related information systems, including the periodic update, enhancement, or replacement of these systems; and
- Provides staff support for the Board of Managers’ Investment, Budget and Audit Committees.
- Bachelor’s degree minimum, graduate degree preferred;
- At least 5 years managerial experience, preferably in financial management and with institution-wide scope in a non-profit organization;
- Essential skills in writing, presentation, financial modeling, working knowledge of GAAP, FASB, but CPA not required; and
- Strong management, analytical, problem solving, and people skills.