Finance Consultant

This is a Full Time Job

A Finance Consultant at Arts FMS reports to one of Arts FMS’s Managing or Senior Finance Consultants. The Finance Consultant is a flexible, industrious, and detail-oriented project manager, who will be invested in relationships with two to five clients. Depending on the size of those client organizations, the Finance Consultant may be charged with complete oversight of the relationship, responsible for payroll, bill pay, bookkeeping, and month close. For larger organizations, they may be acting as a controller and collaborating with a Managing or Senior Finance Consultant on the relationship. For smaller organizations, they may or may not have the support of a Finance Associate or Assistant, requiring a solid confidence in all client-related tasks. Capable of taking on a broad array of responsibilities, the Finance Consultant needs to be judicious about their time to manage numerous projects and deadlines with care and accuracy.

Key Responsibilities

for Arts FMS
• Effectively drive their projects to completion; this includes reviewing their own work and that of a Finance Associate or Assistant on an ongoing basis.
• Deliver excellent client service through ongoing verbal and written communication, and analysis of the client’s needs.
• Handle multiple time-sensitive priorities that require in-depth knowledge of GAAP and nonprofit accounting, reporting, and compliance.
• Utilize Excel and QuickBooks Online. Frequent

Responsibilities

in working for Arts FMS Clients Strategy
• Collaborate with executive leadership to develop financial strategies aligned with the organization’s objectives.
• Identify and pursue opportunities for financial growth and sustainability. Budgeting
• Lead an institution-wide budgeting initiative annually, in consultation with executive leadership.
• Create and maintain forecasts and long-range projections and financial models.
• Prepare cash flow and balance sheet projections to ensure adequate capital for all needs.
• Conduct monthly financial forecast reviews.
• Monitor and analyze financial performance against budgets.

4 Financial Reporting
• Manage the organization’s cash flow.
• Lead and oversee the annual financial audit of an organization.
• Manage the preparation of internal financial reports to provide management insight into revenue and operating expense trends.
• Propose and maintain best accounting and reporting practices to track project spending.
• Understand and anticipate the reporting needs for executive leadership and an organization’s Board of Directors.
• Prepare and present timely, accurate, transparent, and comprehensive financial reports for senior leadership, board of directors, and stakeholders.
• Attend an organization’s Board, Finance, and Audit Committee meetings. Organizational Assistance
• Build and maintain relationships with external partners such as auditors, banks, funders, or lending institutions.
• Directly manage relationships with financial and administrative service vendors and consultants.
• Evaluate business insurance needs and maintain appropriate policies.
• Oversee the organizational payroll, including expense reimbursements, retirement plan contributions, benefit allocations, and tracking of employee PT

O. Qualifications

• 5+ years of nonprofit accounting, demonstrating strong abilities in managing an organization’s accounting and finances, preferably in the arts sector.
• Experience working in a finance department and managing several aspects of financial operations, including accounting software and transactions management.
• Experience in creating financial management documents for both board and staff.
• Strong communication skills.
• Interest in building strong external relationships with clients through mostly virtual communication channels.
• Ability to work efficiently and flexibly in order to manage competing priorities and at times, shifting portfolios.
• Self-assurance to work proactively and confidence to ask for guidance or support, when needed.
• A genuine interest in the performing and/or visual arts.
• Master’s degree in a relevant field is a plus