Senior Finance Consultant

This is a Full Time Job

Job Description

A Senior Finance Consultant at Arts FMS reports to one of Arts FMS’s Managing Consultants or Principals. They manage a team of two to four people and work with five to ten clients. They maintain a list of responsibilities that are directly related to the operations of Arts FMS and then also oversee or manage a variety of financial tasks for each client. While a Senior Finance Consultant builds the external relationships and oversees the day-to-day work that Finance Consultants complete for clients, they need to have the skills to fulfill many responsibilities for clients when called upon.

Key Responsibilities for Arts FMS

• Effectively manage two to four direct reports and drive their projects to completion; this includes reviewing their work on an ongoing basis and performing annual reviews to support their growth and advancement.
• 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.

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 PTO.

Qualifications

• 10+ years of nonprofit accounting, demonstrating proficiency in managing an organization’s accounting and finances, preferably in the arts sector.
• Extensive experience in leading a finance department and managing all aspects of financial operations including accounting software and transactions management.
• Extensive 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.