Summary

The Maryland Center for History and Culture seeks a CFO with some operating duties. The executive, in addition to overseeing the activities described in detail below, must effectively communicate decision support information about the operations of the enterprise to the Board and fellow executives, and continue to work with the real estate developer and our neighbors to transform the city block which we occupy. The CFO will supervise the Finance, IT and Facilities & Operations departments and is the lead communicator to the Board’s Finance, Audit, Investment, and Buildings & Grounds committees. We envision a part- time arrangement with a veteran CFO committed to the mission of the organization.

Responsibilities

Accounting and Financial Reporting

• Maintain master multi-year financial model used to communicate cash sources and uses among unrestricted operating, endowment (donor and board-designated) and restricted funds, including sinking fund for maintenance of long-term assets. Use it to frame annual budgets for approval by the Finance Committee and Board of Trustees. Plan for and report on the financial sustainability of the organization by creating models and planning reports, as well as forecasting future cash needs as part of the organizational budgeting process
• Manage internal financial compliance and control operations:
  • Supervise Accounting Manager and Finance & Administrative Specialist who use MIP Fund Accounting to maintain the general ledger;
  • Oversee and advise on the creation of departmental budgets, and help to engage leadership staff in the budgeting process (such processes are currently at an early stage in the organization);
  • Sign and review weekly accounts payable check runs;
  • Oversee and approve the annual audit and tax reporting including the filing of the 990 working with SC&H;
  • Handle the planning, reporting and movement amongst the funds of MCHC’s investment accounts;
  • Finance Committee and Investment Committee and maintain relations with participating board members and the committee chairs;
  • Review and approve payroll, working with Human Resources & President to make decisions regarding compensation;
  • Approve the financial component of benefit plans as recommended by the Human Resources team;
• Monitor the cash flow of fundraising campaigns by reconciling expenses against donations and planned giving;
• Work with the Director of Grants and Government Affairs on grant applications and grant reporting;
• Determine legal, insurance and risk assessment needs. Approve insurance renewals and file any insurance claims. Participate in contract creations and negotiations as they arise between MCHC and outside parties.

Facilities/Operations

• MCHC until recently owned all the buildings on the Baltimore City block bounded by Park, Monument, Center and Howard Streets. It has sold the former Greyhound bus station building, and a block of former retail stores on Howard Street is under contract to a redeveloper who will convert the structure to townhouses. The historic Enoch Pratt residence at the corner of Park and Monument is vacant and has been retained by MCHC and funds are being raised to restore and repurpose it. Our CFO is the point person for interacting with third parties key to execution of these plans, managing shared parking and security, and monitoring the reserve study data which will govern long term funding of the organization.
• Supervise the Director of Facilities & Director of Internal Operations;
  • Oversee and approve all projects involving the regular maintenance of the campus;
  • Participate and advise on all campus development for the MCHC campus by examining transaction analysis and impact, ensuring that MCHC does all possible due diligence regarding the sale of buildings on the MCHC campus, and future forecasting by regularly updating a 5-10 year financial model;
  • Develop and present content for the Buildings and Grounds Committee.

Information Technology

• Supervise IT Manager, whose scope encompasses network infrastructure and hosting of enterprise applications for the collection, Library, and Education programming
  • Create and maintain a budget for IT spending;
  • Approve and advise on IT projects as presented by the IT Manager, including changes to software, security, hardware upgrades and remote access.

Qualifications

• Bachelor’s Degree in Accounting, Finance or related field (MBA preferred);
• Professional accounting designation (CA, CMA or CPA) preferred;
• 8+ years of experience in a senior financial managerial position. Experience in the nonprofit sector or knowledge of museum practices, a plus;
• Advanced computer skills, including proficiency in Microsoft Office;
• Exceptional communication skills;
• Results-oriented, strategic thinker and planner.

About MCHC

The Maryland Center for History and Culture is an equal opportunity employer that seeks to educate people of all ages about the American experience through the rich history of Maryland using their collections and to preserve important objects and archival materials from prehistoric Maryland to the present day. We do not discriminate based on race, color, religion, sex, national origin, disability, or any other status protected by law and strongly encourage all qualified professionals to apply.

The Maryland Center for History and Culture collects, preserves, and interprets the history, art, and culture of Maryland. By exploring multiple perspectives and sharing national stories through the lens of Maryland, MCHC inspires critical thinking, creativity, and community. Learn more at mdhistory.org.

Compensation

We previously engaged a CFO for a 3-day-a-week commitment to for this position. We have budgeted $125K for 4 days a week going forward, and intend to tailor compensation to our best candidate.

To Apply

Please email a cover letter, resume, and contacts of three professional references to [email protected], using the subject line: Chief Financial Officer. Incomplete applications may not be considered. No phone calls, please.