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Chief Financial Officer

Company: Monterey Bay Aquarium
Location: Modesto
Posted on: September 23, 2022

Job Description:

PLEAS READ THE FOLLOWING STATEMENT FROM THE MONTEREY BAY AQUARIUM Monterey Bay Aquarium has retained the services of an external recruitment agency to assist in conducting this important search. For immediate consideration please apply with your resume and cover letter, formatted in Microsoft Word, via: John D. McNaughtRussell Reynolds Associates101 California Street, Suite 4200San Francisco, CA 94111-5867Direct: 1-415-352-3378Mobile: OR Michael SingletonRussell Reynolds Associates277 Park Avenue, Suite 3800New York, NY 10172Direct: 1-212-351-2551Mobile: Our ClientWith a mission to inspire conservation of the ocean, the Monterey Bay Aquarium (the Aquarium) is the most admired aquarium in the United States, a leader in science education, and a voice for ocean conservation through comprehensive programs in marine science and public policy. Everything they do works in concert to protect the future of our blue planet. Founded in 1984, the Aquarium is known for its focus on local and global research and conservation efforts, excellence in exhibits and educational programs, and animal husbandry techniques. Frolicking sea otters, fast swimming sharks, pulsating jellies and waddling penguins - the Aquarium's world-class exhibits and breathtaking scenery instill a love of the ocean in their visitors. With nearly 2 million visitors a year and over 200 exhibits and 80,000 plants and animals, the Aquarium is a window to the wonders of the ocean. The scientists at the Aquarium are rebuilding sea otter populations, transforming fisheries and aquaculture around the world, and working to protect California's ocean. Their policy experts are moving the needle on legislation to address climate change and end plastic pollution. The Aquarium's Seafood Watch team is shifting the global marketplace to make seafood more sustainable. Education is a top priority at the Aquarium. Since 1984, more than 2.5 million students have visited for free. Their life changing teacher and youth development programs are helping young people find their voices as ocean conservation leaders and will ensure a healthy future for the ocean. The Monterey Bay Aquarium has taken a strong, public stance and made a significant investment in promoting diverse voices in ocean science and conservation. For too long, Black people, Indigenous people and people of color, as well as LGBTQIA people have been underrepresented in marine science and conservation fields. The future health of the ocean relies on the perspectives and innovation of their voices. The Aquarium is working to support diverse young people as they take part in first-hand explorations of marine science and conservation. Their commitment to cultivating diversity in ocean science and conservation professions extends from education programs for teens and teachers to others that support college students. For more information about the organization, please visit the Monterey Bay Aquarium website. The RoleReporting to and partnering with the Executive Director, Julie Packard, the Chief Financial Officer (CFO) plays a critical role in developing and implementing the Aquarium's strategy to achieve its mission to inspire conservation of the ocean. As a critical strategic business partner to the Executive Director, Executive Team, and divisional vice presidents (VPs), the CFO leads the development of short and long-range financial plans to achieve the strategic goals of financial health and long-term sustainability. As the financial steward of the Aquarium, the CFO will lead their Finance function, including accounting and payroll processing, budget development and monitoring, investments management, contracts, and banking relationships. A member of the senior leadership team, the CFO provides support, advice and insight to all divisions to ensure their financial plans and budget management achieve agreed-upon goals. In addition, the CFO will develop, achieve buy-in for, and effectively implement tools and systems to provide critical financial and operational information to inform decisions and make actionable recommendations on both strategy and operations. They will also maintain and share knowledge of external trends and ideas relevant to the Aquarium's work. They are responsible for overseeing all fiscal and fiduciary responsibilities for the organization, in conjunction with the Board of Trustees (Board) and the Finance and Audit Committees. The CFO will effectively communicate financial information to the Board, oversee the annual audit and serve as the principal liaison with the Finance and Audit committees, engaging them around issues and trends affecting the Aquarium's financial operations and strategy. The CFO is responsible for their duties as described in the Aquarium's Bylaws, including all financial and accounting reporting functions and financial analysis. While the Aquarium seeks a talented individual to be responsible for a portfolio of core CFO duties, additional areas of responsibilities will be considered depending on the skills and experience of the successful candidate. Candidate ProfileThe Monterey Bay Aquarium is seeking a strategic thinker and proven leader to build on the successes of the current finance organization. The successful candidate will manifest the highest level of professionalism, stewardship, and integrity in executing the full breadth of the CFO role. This individual will have strong interpersonal skills and the ability to manage and interact effectively with staff at all levels of the organization. The CFO will bring a strong track record of building and maintaining positive relationships internally and externally, and working as a productive and collaborative member of a leadership team. They will have deep experience with strategic planning and implementation, and ensure that effective financial and operational controls are in place to support current needs and future growth. Further, the CFO will be skilled at collaborating with the broader team to design and successfully implement systems and processes that increase efficiencies and effectiveness. This collaborative leader will be effective rallying others around solutions and fully committed to furthering transparency within the organization. The successful candidate will have impeccable integrity and discretion and will actively promote the values and practice of diversity, equity, and inclusion by fostering an environment of belonging and trust. The successful candidate will be experienced operating within a mission-driven environment. They will demonstrate and further strengthen a service-mindset within the finance organization. This individual will have strong problem solving skills, as well as the ability to exercise sound, informed judgment and make decisions based on accurate and timely analyses. The CFO will be an agile, forward looking leader with a track record of developing an infrastructure that enables assessment of an organization's performance against short/long term goals, and establishing and measuring financial benchmarks for the organization. Ideally, this leader will bring experience leading finance at a not-for-profit visitor-focused organization and, subsequently, is familiar with a financial model that has a strong earned revenue component. The successful candidate will have previously led the annual audit process. They will also bring a track record of upgrading technology systems and processes. The successful candidate will bring an exceptional capacity for managing and leading people. They will have superb listening and communication skills, and a passion for developing staff. They will have demonstrated success building a cohesive culture and galvanizing their teams to work together and build strong relationships with each other and other teams throughout the organization. They will have exceptional written, oral, interpersonal, and presentation skills, including the ability to effectively interface with staff at all levels, senior executives, and the Board. They will model a strong commitment to the Aquarium's Core Values and Leadership Competencies. This individual will consistently demonstrate their ability to make well-reasoned and timely decisions as part of a team and in the best interests of the organization for the present and future. In terms of the performance and personal competencies required for the position, we would highlight the following: Setting Strategy The inclination to seek and analyze data from a variety of sources to support decisions and to align others with the organization's overall strategy. An entrepreneurial and creative approach to developing new, innovative ideas that will stretch the organization and enable the broader team to pursue the best ideas for continued leadership in the field. The ability to create and articulate an inspiring financial vision for the organization, and to make critical judgement calls that best serve the Aquarium's mission and values in the course of executing responsibilities. Executing for Results The ability to set clear and challenging goals for improved performance; tenacious and accountable in driving results. Comfortable with ambiguity and uncertainty; the ability to adapt nimbly and lead others through complex situations. A future-focused leader who seeks data and input from others to foresee possible threats or unintended circumstances from decisions, ensuring the organization understands the trade-offs in pursuing new strategies and initiatives A leader who is viewed by others as having a high degree of integrity and forethought in their approach to making decisions, while demonstrating a genuine commitment to soliciting feedback; the ability to act in a transparent and consistent manner while always taking into account what is best for the organization, Leading Teams The ability to attract and recruit top talent, delegate effectively, foster and celebrate diversity within the team, and manage performance; widely viewed as a strong developer of others. The ability to embrace challenges, and exhibit a steadfast resolve and relentless commitment to higher standards. A leader who is self-reflective and openly aware of their own limitations; leads by example and drives the organization's performance with an attitude of continuous improvement; encourages feedback and is committed to ongoing self-improvement. Relationships and Influence A commitment to building the financial acumen and understanding by the entire organization through superlative ability to communicate financial strategy and results in an accessible way. Naturally connects and builds strong relationships with others, demonstrating strong emotional intelligence and an ability to communicate clearly and persuasively; a person who first seeks to understand, then to be understood. Encourages others to share the spotlight and visibly celebrates and supports the success of the team. The ability to examine, reflect, and share where they are on their personal and professional DEI journey; openly acknowledges their own biases or prejudices, and understands how these impact their work and the work of others within and outside of the organization.PDN-970a0364-e689-4bbc-9614-2a308c3ef0ae

Keywords: Monterey Bay Aquarium, Modesto , Chief Financial Officer, Executive , Modesto, California

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