Position Overview:Reporting to the Chief Financial Officer (CFO), the Director of Financial Planning and Analysis (FP&A) serves as a strategic financial leader for the Museum, and is responsible for overseeing annual budgeting, forecasting, long-range financial planning, and business analysis. The Director partners with the CFO and other members of the executive leadership, department heads and Board committees to develop financial plans that support the Museum's mission, strategic priorities and long-term financial sustainability.
This position leads the annual operating and capital budget process, develops financial models and forecasts, analyzes financial and operational performance, and provides actionable insights to support decision-making across the organization. The Director also serves as an internal consultant on strategic initiatives, operational improvements, earned revenue opportunities, capital investments, and financial risk management.
Essential Functions:Financial Planning, Budgeting & Forecasting- Lead the development, coordination, and administration of the annual operating and capital budgets, as well as multiyear and strategic financial plans for the Museum.
- Partner with department leaders to support budget development, resource planning, and financial needs assessment.
- Recommend, evaluate, and implement appropriate revenue, expense, and capital investment assumptions.
- Develop and maintain both short-term and longer-term financial models to support strategic planning, budget development, forecasting, and special projects.
- Review and validate budget and forecast outputs against financial models to ensure accuracy and consistency.
Forecasting & Financial Analysis: - Develop and maintain rolling forecasts and long-range financial plans.
- Prepare monthly, quarterly, and annual financial analyses for senior leadership and the Board of Trustees.
- Analyze actual results against budget, forecast, and prior-year performance.
- Identify financial risks, opportunities, trends, and key performance drivers.
- Develop scenario analyses and sensitivity models to support strategic decision-making.
- Evaluate the financial implications of new programs, exhibitions, capital initiatives, and business ventures.
Strategic Planning:- Partner with the CFO and Leadership Team in the development and monitoring of the Museum's strategic plan.
- Lead financial modeling and business case development for strategic initiatives.
- Support enterprise-wide planning efforts by providing financial projections, benchmarking, and performance metrics.
- Assess the financial impact of organizational changes, new revenue streams, and operational investments.
- Support evaluation of major capital projects and long-term facility planning.
Leadership & Collaboration:- Supervise FP&A staff and related analytical functions.
- Develop and mentor team member(s), creating professional growth opportunities and fostering a culture of continuous improvement.
- Collaborate with Accounting, Development, Member and Visitor Services, Curatorial, Retail, Facilities, Human Resources, Information Technology, and other departments.
- Serve as a trusted advisor to Museum leadership on financial, operational, and strategic matters.
- Participate in Leadership Team meetings and present financial analyses to executive leadership and Board committees.
Requirements and Characteristics:- Master's degree in Finance, Business Analytics, Economics or a related field; or Bachelor's degree with substantial directly related experience.
- 10+ years of progressive experience in Financial Planning & Analysis, budgeting, and forecasting, including leadership responsibilities.
- Must have experience within a mid-to-large nonprofit organization, including familiarity with endowment accounting.
- Demonstrated experience supporting executive leadership and governing boards.
- Experience developing complex financial models and long-range forecasts.
- Experience in hiring, training and coaching staff, with a proven ability to develop and lead a team, with an eye towards creating a strong and collaborative learning environment.
- A solution-minded and proactive approach in addressing performance or other issues as they arise.
- Advanced ability to organize, analyze, and interpret data from multiple sources.
- Excellent quantitative, financial modeling, and analytical skills.
- Strong executive-level verbal and written communication skills, with the ability to present to senior leadership and Trustees.
- Ability to communicate complex financial information in lay terms.
- Advanced proficiency in Microsoft Excel and financial modeling.
- Strong interpersonal and collaboration skills; ability to build relationships across departments.
- Excellent organizational, prioritization, and project management skills.
- Demonstrated professionalism, integrity, and ability to handle confidential information with discretion.
- A commitment to staying abreast of best practices, legal requirements and compliance.
Salary Range: $150,000 - $200,000, Commensurate with Experience
