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Chief Financial and Administrative Officer

Employer
World Monuments Fund
Location
New York, United States
Salary
$230,000.00 - $250,000.00
Closing date
Jun 30, 2023

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ORGANIZATION

World Monuments Fund (WMF) is the leading independent nonprofit organization dedicated to safeguarding the world’s most treasured places to enrich people’s lives and build mutual understanding across cultures and communities. Since its inception in 1965, WMF’s experts have been racing against time, applying proven techniques to preserve important architectural and cultural heritage sites on more than 700 projects in 112 countries and advocating for the protection of over 800 treasured places. Headquartered in New York City with affiliate organizations in Britain, Cambodia, France, India, Peru, Portugal, and Spain, WMF champions the conservation of cultural heritage worldwide.

Partnering with local communities, funders, and governments, WMF draws on heritage to address some of today’s most pressing challenges: climate change; underrepresentation; imbalanced tourism; and post-crisis recovery. With a commitment to the people who bring places to life, WMF embraces the potential of the past to create a more resilient and inclusive society.

WMF exercises a global reach with an operating budget of nearly $20 million, a global full-time staff of 45, an annual project employment of approximately 400 people (working for WMF more than three months a year), an international board of trustees of 29 members, and six boards of local affiliates. To learn more, please visit wmf.org.

 

POSITION OVERVIEW

Reporting to the President and CEO, the Chief Financial and Administrative Officer (CFAO) will be a seasoned nonprofit executive who will provide overarching financial and operational leadership for WMF and play a critical role in the execution of WMF’s strategic plan.

The CFAO will maintain efficient and transparent day-to-day operations, coordinate the annual budget and audit processes, and create an operational plan that advances WMF’s strategic position. The CFAO will clearly articulate metrics for success, enhance systems and procedures, and contribute to strengthening WMF’s workplace culture. This is a hands-on position that requires both management, financial, human resources, and leadership skills.

The CFAO will work closely with WMF’s program staff in the New York headquarters, affiliates in the field, and funders, partners, and advisors, providing the guidance, tools, and resources necessary to help program leads, staff, and project managers thrive and make strategic decisions which reflect and are in line with WMF’s funding, goals, and priorities.

Compensation range: $230,000 to $250,000.

 

PRIORITIES

  • Quickly get to know WMF as a whole – its leadership, history, culture, programs, infrastructure, finances, and funding sources – and the substantive issues critical to the success of a complex global organization.
  • Direct and manage WMF’s finance staff in implementing the day‐to‐day accounting and fiscal operations (payroll, accounts payable, insurance, and general accounting and bookkeeping, including credit card and cash reconciliations) and develop policies to ensure quality assurance, internal control, overall financial health, WMF solvency.
  • Develop and implement financial plans and systems in support of WMF’s strategic, programmatic, and/or operational interests; ensure timely and accurate financial reporting, forecasting, and analysis which will help to inform programmatic investments, partnerships, and decision making.
  • Develop a more robust, transparent, and collaborative budget and multiyear planning processes; become familiar with the current grants and allocation of resources; instill a sense of financial accountability, ownership, and discipline at the program, department, and affiliate levels.
  • Provide treasury and investment management, negotiate and manage working relationships with financial and banking entities, and, in collaboration with the Board, lead the implementation of WMF’s investment policy, including the development of investment criteria, selection of investment managers, and ongoing monitoring of investments.
  • Establish an open and consistent dialogue with the President and CEO, the Executive Team, key Board members, and Committee Chairs as appropriate; prepare and present financial reports for Trustees and ensure the effective functioning of the Audit & Finance and Investment Committees of the Board; advise and serve as a critical resource on matters of financial and administrative leadership and direction; communicate financial and operations information and recommendations in a concise and timely manner.
  • Be an integral partner and resource to the development department; lead the development of budgets for grant proposals and financial reporting as required by funders; oversee revenue recognition and tracking of restricted funds while ensuring compliance with GAAP standards, regulatory requirements, and other policies and best practices.
  • Assess, and update as necessary, WMF’s technology platform including financial and donor development tracking systems, communications, and website development.
  • Oversee human resources; identify key talent and opportunities for increased efficiencies at all levels; strengthen procedures related to the staffing process including outreach, recruiting, interviewing, firing, and onboarding; clarify lines of responsibility; ensure compliance with applicable employment laws, policies, and regulations and maintain internal control procedures over the Human Resources function; manage payroll and benefits.
  • Prioritize and champion key policies, procedures, and training efforts which reflect WMF’s commitment to sustainability and diversity, equity, and inclusion; support WMF’s DEI working group in their continuing efforts to put in place improved standards and best practices.

 

IDEAL EXPERIENCE AND PERSONAL CHARACTERISTICS

The ideal candidate will be a proven hands-on finance executive and team player. Additionally, this person will have or be:

  • Proven senior-level problem-solving and planning capability and significant financial experience in a well-regarded nonprofit organization of similar scope or scale; CPA desirable but not required, with ten or more years of progressively responsible work experience managing accounting, strategic finance, and/or investments; coming out of the heritage preservation field would be a plus but is not required.
  • Experience in global nonprofits with operations on multiple continents would also be a plus.
  • Demonstrated ability to work at a strategic level, driving process, organization, and business practice changes, as well as at a tactical level; demonstrated ability to organize, direct, and coordinate operations and administration.
  • Thorough knowledge of budgeting and accounting practices, processes, and procedures of nonprofit organizations; proficiency with accounting software, word processing, and spreadsheets.
  • Excellent analytical, strategic thinking, and problem‐solving skills; superior verbal and written communication skills; someone who uses his or her knowledge of finance and operations to drive strategic business decisions; demonstrated ability to respond nimbly to change.
  • Adept at working with people from various cultures – not only important for HR matters in working with WMF teams in New York and across the world, but also in understanding and exhibiting the sensitivities needed to guide how WMF works within a diverse set of communities.

 

The ideal candidate will also be:

  • A resolute leader/manager who is self-motivated and can take charge, build consensus, and effect change; someone who understands the subtleties of motivating and directing a team with different work styles.
  • Resourceful and results oriented; provenly open to innovative ideas; politically savvy; able to change directions yet make tough calls and/or compromise as necessary; adept at planning, prioritizing, organizing, and following through.
  • Someone who can impart credibility, trust, integrity, ethics, and enthusiasm.

 

World Monuments Fund is an equal opportunity employer and considers applicants for all positions regardless of race, color, religion, creed, gender, national origin, age, disability, marital or veteran status, sexual orientation, and/or any other legally protected status.

 

Please send applications and nominations to Mark Tarnacki at WMFCFAO@PhillipsOppenheim.com.

 

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