Director of Finance - Robert Rauschenberg Foundation
New York City, NY
About the Job
About the Robert Rauschenberg Foundation:
The Robert Rauschenberg Foundation expands the legacy of artist Robert Rauschenberg (1925–2008), who believed in the power of art as a catalyst for social change. The Foundation delivers its mission through research, support for exhibitions, and sustaining innovative artists and socially engaged institutions. It supports small to midsize arts and socially engaged organizations that are experimental and courageous, driving equity and embodying Rauschenberg's multidisciplinary approach. Additionally, the Foundation promotes his legacy through residencies, commissions, public platforms, and global partnerships.
Position Summary:
The Finance Director will oversee all financial operations for the Robert Rauschenberg Foundation and its related entity, Untitled Press, Inc. Reporting to the COO, this role is responsible for day-to-day cash management, budgeting, financial reporting, and supporting the organization's mission through financial stewardship and strategy. The Director will manage a small finance team, including a Staff Accountant, and will partner closely with department heads to develop budgets, forecasts, and operational reports that inform key decision-making processes.
This position will serve as a key financial advisor to the COO and executive leadership, playing a crucial role in the financial planning and growth of the Foundation. This role offers an opportunity to lead the finance function during a time of dynamic organizational initiatives, including the return of the residency program and the celebration of Rauschenberg's centennial.
Essential Duties & Responsibilities:
Financial Reporting & Analysis
- Prepare monthly financial reports for the Board of Directors and the Board Finance Committee.
- Direct or prepare financial reports, ledger reviews, and forecasts for decision-making and budget preparation processes.
- Analyze and present monthly financial statements to management.
- Monitor revenues and expenses, ensuring accurate recording and compliance with Foundation guidelines.
- Investigate and critique variances from expectations to recommend appropriate management responses.
Cash Management & Accounting:
- Direct all cash management activities to ensure the availability and proper use of funds.
- Oversee accounts payable, accounts receivable, and payroll functions in coordination with HR.
- Coordinate the annual internal and external audit processes.
- Maintain internal financial controls for purchasing, cash handling, disbursements, asset inventories, payroll, and employee records.
Budget & Planning:
- Partner with the COO to provide reports for the budget development process.
- Assist in preparing annual financial plans and supporting division and department heads with their respective budgets.
- Assist with capital planning by providing accurate financial information and analysis.
Payroll & Benefits Administration:
- Collaborate with the Director of HR to manage payroll, including the timely processing of employee salaries and benefits administration.
- Ensure compliance with payroll tax requirements and oversee employee benefits payments.
- Work with HR to review and audit payroll-related systems and processes for accuracy and efficiency.
Systems & Process Improvement:
- Ensure the maintenance and periodic upgrading of finance systems and equipment.
- Provide guidance on accounting software and process improvements across departments.
- Continually look for opportunities to streamline financial operations and enhance system efficiency.
Team Management:
- Supervise the activities of the Staff Accountant, ensuring accuracy and efficiency in their work.
- Provide ongoing training, mentorship, and performance evaluations to the accounting team.
- Act as a leader and motivator, fostering a collaborative and supportive team environment.
- Performs additional duties that are relevant and pertinent to the role as required to support the Foundation's mission.
Experience & Skills Required:
- Minimum of 7+ years of nonprofit accounting experience, ideally within a private foundation.
- Strong management and supervisory skills with the ability to lead and develop accounting staff.
- Proficiency in accounting and tax preparation software; experience with QuickBooks Online, Divvy, Bill.com, and FileMaker Pro is preferred.
- Exceptional analytical, organizational, and time-management skills.
- Ability to manage both day-to-day accounting operations and high-level financial strategy.
- Maverick-level Excel skills, with expertise in financial modeling and analysis.
- A flexible self-starter with an operational systems orientation.
- Strong attention to detail with the ability to multitask and work in a fast-paced environment.
- Emotionally intelligent with excellent communication and interpersonal skills.
- Ability to think strategically while managing tactical details.
- Master's degree in accounting, finance, or business administration preferred
- CPA preferred
ADA Specifications:
- As the Robert Rauschenberg Foundation is located in a historic building, entrance to the office requires the ability to walk up 13 steps.
- While largely sedentary, this position requires the ability to sit, stand, lift up to 50 lbs, as well as speak, and hear, sometimes for extended periods of time.
- Requires the ability to use a computer and office equipment traditionally found in office.
Compensation & Benefits:
Salary Range: $150,000–$175,000 per year, commensurate with experience and qualifications. Competitive benefits package, including health, dental, vision, retirement, and paid time off.
As an equal opportunity employer and in our commitment to creating an equitable and inclusive work environment, the Rauschenberg Foundation strives to attract a diverse mix of talented people. Opportunities are based upon individual capabilities and qualifications without regard to race, color, religion, gender, pregnancy, sexual orientation/affectional preference, age, national origin, marital status, citizenship, disability, veteran status, or any other protected characteristic as established under law. Individuals from historically underrepresented backgrounds in art organizations are strongly encouraged to apply.