What are the responsibilities and job description for the Vice President of Finance position at Powerhouse Arts?
Job Description
Job Description
Powerhouse Arts is a not-for-profit organization committed to creative expression. Housed in a purpose-built-facility in Brooklyn, the organization hosts an extended network of art and fabrication professionals and educators who work together to co-create and share artistic practices vital to the well-being of artists and the communities to which they serve. Our new facilities house fabrication services, production services, production spaces, and member workshops for artisans.
We are seeking an experienced VP of Finance to steward the organization into its new phase of growth and stability. The VP of Finance has a primary responsibility to oversee and direct financial, accounting, and investment activities in support of the organization's stability and long-term goals. This role will streamline PHA's financial reporting systems, ensuring the proper tools and protocols are implemented to support the organization's current and growing infrastructure. This person will be a creative problem solver who understands the balance between numbers, data, programmatic narratives, and overall sustainability.
Reporting to the President, the VP of Finance will be a member of the Senior Leadership team, who collectively advances the organization's long-term strategy objectives in line with our values. The VP of Finance will supervise, coach, and mentor the finance team's staff, which currently includes (1) direct report, and will oversee and evaluate the relationship with a third-party financial services firm, to foster excellence, accountability, collaboration, and transparency. As an organization with a strong culture that is highly collaborative in nature, the VP of Finance will be an important culture carrier of our values and team leader.
Responsibilities : Financial Leadership
- Partner with the President, and Executive Leadership Team, to develop long-term financial plans, setting targets for organizational growth.
- Assess organizational performance against both the budget and long-term strategy; provide strategic recommendations based on revenue / expense analysis and projection; make actionable recommendations on both financial strategy and operations.
- Lead the design and assessment of financial strategy and practice against annual and long-term budget and other performance goals, fostering organizational effectiveness and sustainability.
- Assess and mitigate risks related to financial performance and investment strategy.
- Generate and maintain a multi-year income and expense financial model that aligns with the organization's strategic plan and other guiding documents, and shifts as necessary as the organization grows.
- Manage organizational cash flow forecasting to ensure revenue and expenditures align with the operating budget and financial reporting requirements for government, corporate, and foundation grants.
- Partner with Executive Team, program directors, and Finance Director to understand the nuances of each line of business and how business operations affect income and expenses.
- Proactively engage, and advise, leadership and Board on major external or internal changes by presenting analysis of potential significant repercussions or opportunities.
- Serve as the staff lead for the board Finance and Investment Committees :
Work closely with board committee members to advance overall finance and investment strategy.
Report ongoing financial results, annual budget, and audit reports.
Generate reports and develop tools to provide critical financial and operational information.
Compliance :
Team Leadership :
Qualifications :
Powerhouse Arts is a safe, inclusive workplace for people of all backgrounds and walks of life. We strongly encourage you to apply if you are from a marginalized or underrepresented group. The requirements listed are guidelines. You do not have to satisfy every requirement or meet every qualification listed. If 80% of what you read fits you, or if you have skills that are transferable, please apply.
To Apply : Please apply with a thoughtful cover letter and resume. Qualified candidates will be contacted for virtual interviews.
Compensation : The salary for this position is $170,000-$220,000 annually. We offer excellent benefits including health, dental and vision insurance, employer sponsored retirement plan and professional development opportunities. Time off includes vacation, holidays, personal days, and a week off at year's end.
Powerhouse Arts is an equal opportunity employer. Applicants receive consideration without regard to race, age, ethnicity, religion, gender, gender identity or expression, sexual orientation, national origin, disability, or any other basis prohibited by law. Powerhouse is committed to promoting a diverse and inclusive workplace and recognize the positive value of diversity.
For more information, visit www.powerhousearts.org
Salary : $170,000 - $220,000