Chief Financial Officer

General Summary

Reporting to the CEO & President, the Chief Financial Officer (CFO) is primarily responsible for the financial and risk management of Artis—Naples. Financial duties include the development of a financial and operational strategy; metrics tied to that strategy and the ongoing development and monitoring of control systems designed to preserve organizational assets and investments and report accurate financial results while managing risk. Working with the CEO & President, Board of Directors, the Senior Leadership Team and independent consultants, the CFO develops, recommends and implements policies, strategies, and initiatives for the finances of Artis—Naples. Working through direct reports, the CFO oversees key aspects of the department including internal asset management, external asset management, compliance and staffing. The CFO is also a member of the organization’s senior leadership team. The CFO collaborates with the CEO & President on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and securing new funding.

Supervises:                                                 

• Controller
• Assistant Controller
• Information Technology                                     

Essential Duties & Responsibilities (other duties may be assigned)

 Financial

• Provide strategic, financial direction regarding all aspects of the organization and its financial decision-making processes. Recommend short/long term financial goals for the organization and execute strategies.
• Ensure timely financial and statistical reporting and analysis for Artis—Naples and monitor financial performance of all departments/divisions.
• Oversee the creation and implementation of fiscal controls and policies. Direct the preparation of the annual operating budget of all departments/divisions.
• Develop and maintain systems of internal controls to safeguard financial assets of the organization. Oversee the coordination and activities of independent auditors ensuring all audit issues are resolved, and the preparation of the annual financial statements is in accordance with Generally Accepted Accounting Principles (GAAP), federal and state regulations.
• Monitor banking activities of the organization and ensure adequate cash flow to meet the organization's needs.
• Create and maintain a Finance team of professionals.
• Oversee all key day-to-day departmental activities.
• Collaborate with CEO & President to ensure success of the financial strategic planning. Through regular reports on the strategic direction, make progress toward strategic initiatives and compliance with policy and guidelines.
• Develop business support systems encouraging cross-functional cooperation of departments and divisions; facilitates the integration of communications between departments and divisions; and removes obstacles, improves responsiveness and facilitates decision-making.
• Work with the Investment Liaison to monitor the performance of the endowment, reserves, and other investment accounts against benchmarks and investment policy guidelines.
• Work to implement digital strategies outlined in the Digital Roadmap project.

Information Technology

• Oversee, lead and work with third party managed services provider to ensure all organizational technology needs are met.
• Support a culture of institutional innovation and facilitate collaboration with the senior leadership team. Explore new technology to enhance programs and campus experiences.
• Work with managed services provider to identify, introduce and implement IT solutions that enhance operational security, efficiency and effectiveness.
• Work with managed services provider to review computer system needs for management of information and functional operations to determine scope and priorities of projects and discuss technology acquisitions.

 Board of Directors Relations

• Serve as principal liaison for the Finance and Audit and Risk Committees as well as the liaison with the Board of Directors on financial matters.
• Meet monthly with the Board’s Investment Committees to discuss investment strategy, initiatives, performance, and other appropriate matters. Maintain open and constructive relations with the Board of Directors.
• Meet regularly with Board Committee Chairs to discuss finance issues and set the monthly committee meeting agenda.
• Assume responsibility for all financial reports to the Board.

 Risk Management, Legal and Contracts

• Ensure adequate internal management controls are in place to protect Artis—Naples assets. As appropriate, design and document control policies and procedures and ensure there is a flexible and responsive risk management system that evaluates controls and measures financial exposure, including appropriate insurance coverage (property, casualty, liability, cyber, D&O, etc.).
• Ensure all programs, activities and operations are carried out in compliance with federal, local, state regulations and laws governing business and nonprofit operations.
• Manage relationship with property manager for the Toni Stabile building

Supervisory Responsibilities

• Increase leadership and managerial abilities of staff while carrying out supervisory responsibilities in accordance with the organization’s policies and applicable laws.
• Provides oversight and supervision to the finance staff: financial policies, plans and accounting practices, budgeting, insurance, external and internal audit activities.
• Observe safety Report safety issues and items requiring work orders to Supervisor or Security.
• Work effectively with all Artis—Naples team members.

 QUALIFICATIONS: Competencies, Core Values, Education and Experience

Competencies

To perform the job successfully, an individual should possess and demonstrate the following competencies:

Analytical: Compiles complex or diverse information into meaningful and relevant financial management tools; collects and researches data; uses intuition and experience to complement data; designs workflows and procedures. Is able to analyze and interpret financial data and prepare financial reports, statements and/or projections.

Financial: Has knowledge of and experience in nonprofit financial accounting, budgeting, control, and reporting principles, methods, techniques, and standards; demonstrates ability and or experience in handling of banking and treasury relations, and effectively handle investment activities; ability to quantify and illustrate complex financial reports, comparisons, impacts, and/or projections; and, has knowledge of federal and state financial regulations.

Problem Solving: Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; develops alternative solutions; works well in-group problem solving situations; uses reason even when dealing with sensitive topics.

Technical Skills: Knowledge of computerized information systems used in financial and accounting applications and office systems. Understands how to supervise the implementation of new technologies.

Oral Communication: Speaks clearly, confidently and persuasively in positive or negative situations; listens and gets clarification; participates constructively and thoughtfully in meetings. Maintains poise under pressure.

Written Communication: Writes clearly and informatively; varies writing style to meet needs; presents numerical data effectively; presents information to all stakeholder groups in effective and appropriate language and formats.

Teamwork: Balances team and individual responsibilities; exhibits objectivity and openness to others' views; gives and welcomes feedback; contributes to building a positive team spirit; puts success of team above own interests; builds morale and group commitments to goals and objectives; supports other’s efforts to succeed; fosters a cooperative work environment.

Leadership: Displays passion and optimism; inspires respect and trust; provides vision and inspiration to peers and subordinates and mobilizes them to fulfill the vision; exhibits confidence in self and others.

Quality Management: Improves and promotes quality; demonstrates accuracy and thoroughness. Demonstrates attention to detail, ability to multi-task, and commitment to achieve deadlines.

Business Acumen: Understands business implications of decisions; displays orientation to profitability; demonstrates knowledge of market and competition; aligns work with strategic goals; develops policy and procedure documentation.

Cost Consciousness: Works within approved budgets; develops and implements cost saving measures; contributes to positive revenue generation; conserves organizational resources.

Diversity: Shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes a harassment-free environment; builds a diverse workforce.

Ethics: Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values.

Strategic Thinking: Develops strategies to achieve organizational goals; understands organization's strengths and weaknesses; analyzes market and competition; identifies external threats and opportunities; adapts strategy to changing conditions.

Organizational Core Values

Collaborative – work internally and externally to accomplish something together that we may not be able to accomplish separately in order to realize shared goals.

Transparency – behave and communicate in a manner that exudes openness and sheer honesty.

Excellence – a standard of performance that surpasses ordinary standards.

Accountability – the acceptance and assumption of responsibility for actions, decisions and results.

Patron-first – place the patron at the center of our efforts.

Integrity – a commitment to the highest standards, values and principles through every action and decision.

Education/Experience

• Bachelor’s degree in accounting, finance or business required, master’s degree preferred
• Certified Public Accountant (CPA) preferred
• Seven to ten years of direct experience related to the duties and responsibilities specified, preferably in nonprofit arts management
• Knowledge of nonprofit accounting in accordance with US Generally Accepted Accounting Principles, Solomon software (or other similar not-for-profit general ledger software)
• Must be proficient in fixed income, equity investments and accounting standards
• Create and assess financial statements and budget documents
• Recognize and be responsive to the needs of colleagues of Artis—Naples, including the Board of Directors
• Supervise staff, including regular progress reviews and plans for improvement
• Communicate effectively in both written and verbal form

 Physical 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.

• While performing the duties of this position, the employee is regularly required to sit and use hands to finger, handle, or feel.
• The employee is frequently required to reach with hands and arms and talk or hear.
• The employee is occasionally required to stand and walk.
• The employee must occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this job include close vision and color vision.

Work Environment

The work environment is consistent with general office conditions, with moderate noise.

This position description reflects management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.