Controller

Museum of Fine Arts, Boston

Job Description

Controller
 
The Opportunity
 
The Controller will join an engaging and fun organization at an exciting time of its trajectory. This is an opportunity for an energetic and mission driven financial leader to continue critical and ongoing work to build and strengthen the Controller’s Office and join a renowned cultural institution in an inspiring and vibrant environment.
 
Reporting to the CFO, the Controller is an integral member of the Financial leadership team and serves as the leader of the Controller’s Office at the Museum. In collaboration with the CFO, the Controller will be responsible for the development of the MFA ‘s financial management strategy and contribute to the development of the organization’s strategic goals.
 
In addition to the strategic components, the Controller will be charged with developing and implementing more sophisticated accounting systems and policies & procedures both in the financial and general operational realms. This is an exceptional opportunity for a leader with accounting experience, and a proven track record of creative problem-solving and management to join in a mission-driven organization. While the emphasis of this role is finance, it includes responsibilities for managing a diverse staff and requires an individual who is strategic, tactical, and inspirational.
 
Our culture is built on scholarship, collaboration, trust, and mutual respect. We embrace change and the opportunity it brings and are committed to develop, reward, and retain our valuable staff.
 
About MFA, Boston
 
As one of the world’s renowned art museums, the Museum of Fine Arts, Boston (MFA) boasts a collection that spans nearly all cultures and time periods. The original MFA opened its doors to the public in July of 1876 with 5,600 works of art.
 
Today, the MFA is recognized for the quality and scope of its collection, exhibited in more than 140 galleries, which includes Art of the Americas; Art of Europe; Contemporary Art; Art of Asia; Art of Africa and Oceania; Art of the Ancient World; Prints and Drawings; Photography; Fashion, Textiles, and Jewelry; and Musical Instruments. Today, in addition to this collection that now encompasses nearly 500,000 works of art, the MFA is a lively social destination that offers concerts, films, and lectures while also serving as an important community and learning resource for schools, families, and visitors near and far. In recent years, the MFA has welcomed more than 1.2 million visitors each year, and in FY 2019 the museum saw more than 1.3 million visitors, a level of attendance not seen at the MFA since 1999.
 
The MFA’s mission is to collect and preserve its collections thoughtfully and share the works of art in the Museum with Boston and beyond while creating and providing engaging and memorable experiences. While the Museum is deeply rooted in the Boston community, it is an international institution with programming and research partnerships throughout the world. This is all possible through the efforts and dedication of the MFA’s talented staff, volunteers, donors, members, and community partners. The MFA culture is built on collaboration, generosity, trust, and service.
 
The MFA’s most recent strategic plan, MFA2020, has served as a catalyst for undertaking a broad range of projects through a strong spirit of collaboration. Initiatives are designed to deepen the MFA’s connection to its current audience while expanding and engaging with new and diverse communities to make it a more inclusive museum where everyone feels they belong. Many projects mark new opportunities for the Museum while others are expansions of successful programs. All are designed to actively cultivate conversation, engagement, connection, and understanding through art, both externally for visitors as well as internally for staff.
 
For more information on MFA Boston, please visit the Museum of Fine Arts, Boston website http://www.mfa.org/
 
Position Overview
 
The Controller is responsible for developing, leading, and coordinating the day-to-day financial operations within the Museum, including the fiscal close processes and the annual financial auditing process. Responsibilities also include the training and managing of staff, as well as acting as a financial resource for persons and/or departments performing related functions over all internal and external financial activities of the Museum.  
 
Key Responsibilities:
 
• Oversee all accounting operational and financial reporting functions including preparation of books and journals of original entry; account analysis including reconciliation of accounts.  Prepare all internal and external financial reports and analysis in a timely and accurate manner; maintain and oversee the data processing system; monitor control policies and procedures for financial and related operating functions, while also providing recommendations for improvements.
 
• Consult and provide support necessary to the Chief Financial Officer and other Museum members of the leadership team in the development and monitoring of overall Museum financial and accounting policy. Attend meetings, create, and make financial presentations before any and all Museum Board and committees. Participate in Leadership Team and Department Heads discussions, Board, Budget & Finance, and Audit Committees as appropriate.
 
• Plan and direct the completion of the annual external audit working with external auditors and division heads.
 
• Build and inspire a strong and effective team, with a focus on staff development and engagement, and establish strong and effective relationships with a variety of internal and external stakeholders.
 
• Direct the preparation of all required reports to federal state, city and other regulatory bodies and groups for taxes, licenses, and other purposes. Coordinate and oversee all audits by regulatory agencies.
 
• Provide direct supervision over the general accounting/financial reporting and accounts payable functions including all personnel related actions such as hiring, training, coaching, mentoring and performance evaluation and management.
 
• Consult the Director of Budget and Financial Planning in the preparation, presentation and monitoring of the operating and capital budgets and the formulation of long-term financial forecasts and strategic planning and with the Director of Treasury in the accounting for, monitoring and safeguarding of the investments of the Endowment fund assets.
 
• Establish and monitor key performance indicators for core operational functions and ensure performance meets established targets, or opportunities for improvement are identified and implemented. Ensure that critical financial functions and operations are carried out successfully, with a high level of customer service.
 
• Maximize financial systems functionality to implement efficiencies and enhancements that would benefit the institution; create an environment of continuous improvement, leveraging technology and process improvements to develop best practices in financial operations.
 
Secondary Elements:
 
• Provide consultation and technical assistance to the Museum’s operational departments, and related finance areas (including Budget and Financial Planning, Treasury Management; Procurement and Payroll) where necessary, including, but not limited to, modification of General Ledger system, functionality to implement new /expanded methods for payment, and other technology initiatives.
 
• May represent the Financial department in making presentations to State and Federal control groups, boards, committees, and others within the Museum and on the outside.
 
Candidate Profile
 
The ideal candidate has 7-10 years of financial accounting experience within mid to large nonprofit organizations, including at least 2 years in a management/leadership role overseeing complex financial portfolios. This leader excels in fast-paced environments, maintaining high accuracy and attention to detail. The Controller demonstrates strong computer literacy and relationship management skills and is adept at handling highly confidential information with discretion. A bachelor’s degree in finance or a related field, along with a CPA designation, is required.
 
Passion for Mission
 
The Controller will have an affinity for, and interest in working in a cultural institution and will be committed to the Museum’s mission and efforts to support inclusion, equity and accessibility (IDEA). The Controller will bring a clear understanding of how their role contributes to the vision and mission of Museum and will be an individual of unquestionable ethics and integrity.
 
Collaborative Leadership
 
With demonstrated leadership skills, the Controller will be adept at hiring, training, evaluating, coaching and mentoring staff, as well as managing performance issues as needed. This leader will promote professional development and growth opportunities for staff, creating a culture of trust, transparency and accountability. Known for their collaborative leadership style, the Controller will work effectively across all levels of the organization to achieve organizational goals.
 
Accounting/Financial Expertise
 
The Controller will bring technical expertise as an accounting professional and business leader, with specialized expertise in nonprofit accounting including accounting for endowments, processing gift and pledge transactions and fund accounting. This leader will be well-versed in Generally Accepted Accounting Principles (GAAP) and financial reporting, with experience leading audit processes. The Controller will understand uniform guidance requirements as it relates to single audits and have a strong background in compliance, contracts, grants, capital projects, and ideally retail operations. Lastly, this leader brings excellent analytical skills and sound judgment, with the ability to think critically about complex issues, consider key information and feedback, and make well-informed decisions.
 
Operational and Change Management Skills
 
With a solid foundation in best practices and industry tools, the Controller will bring strong operational expertise, setting clear metrics and KPIs to track progress toward goals. As a systems-savvy leader, this individual will have a proven track record of implementing or upgrading accounting systems to streamline workflows, simplify policies and procedures, and eliminate redundancies. Resourceful and solutions-oriented, this leader will excel in problem-solving and effectively allocating resources to meet organizational needs. An adept change manager, they are skilled at building consensus and collaborating with a diverse range of stakeholders.
 
Excellent Communication & Relationship Building Skills
 
The Controller will be an effective communicator and will provide accurate and timely financial reports to support leadership in decision making around strategic financial priorities throughout the organization. With strong interpersonal and relationship building skills, this leader will work collaboratively with and inspire trust and confidence with key stakeholders internally and externally, and in particular with the Leadership Team, Board, Budget & Finance and Audit Committees, and Department Heads. Additionally, the Controller will excel at conveying financial concepts in clear and accessible language.
 
Compensation & Benefits
 
Salary is competitive and commensurate with experience. The compensation for this position begins at $200,000; based on experience and ability to have broad impact early, the salary range could be up to $230,000. Note that the final salary will reflect internal equity and the selected candidate’s individual experiences and qualifications.
 
Benefits: 
The Museum of Fine Arts, Boston, offers a competitive and comprehensive benefits package to include:
 
Health and Wellness: Medical, dental, and vision insurance, with options for family coverage
 
Retirement Plans: 403(b) retirement savings plan with generous matching contributions 
 
Paid Time Off (PTO): 4 weeks of vacation, 13 paid holidays, personal and sick pay
 
Flexible Work Options: Hybrid work options
 
• Life and Disability Insurance
 
Additional Perks: Flexible spending accounts, legal services, pet insurance, wellness programs
 
Contact
 
Koya Partners, the executive search firm that specializes in mission-driven search, has been exclusively retained for this engagement. Medelene Beasley and Naree W.S. Viner of DSG/Koya Partners have been exclusively retained for this search. To express interest in this role please submit your materials mbeasley@koyapartners.com All inquiries and discussions will be considered strictly confidential.
 
Koya Partners is committed to providing reasonable accommodation to individuals living with disabilities. If you are a qualified individual living with a disability and need assistance expressing interest online, please email NonprofitSearchOps@divsearch.com. If you are selected for an interview, you will receive additional information regarding how to request an accommodation for the interview process.
 
Koya Partners is an equal opportunity employer and strongly encourages applications from people of color, persons with disabilities, women, and LGBTQ+ applicants.
 
About Koya Partners
 
Koya Partners, a part of Diversified Search Group, is a leading executive search and strategic advising firm dedicated to connecting exceptionally talented people with mission-driven clients. Our founding philosophy—The Right Person in the Right Place Can Change the World—guides our work as we partner with nonprofits & NGOs, institutions of higher education, responsible businesses, and social enterprises in local communities and around the world. At Koya, we don’t just accept difference—we celebrate it, support it, and thrive on it for the benefit of our team, our clients, and the communities we serve. For more info visit koyapartners.com.
 
To apply, visit https://apptrkr.com/5818602