About The Shed
The Shed is a new cultural institution of and for the 21st century. We produce and welcome innovative art and ideas, across all forms of creativity, to build a shared understanding of our rapidly changing world and a more equitable society. In our highly adaptable building on Manhattan’s west side, The Shed brings together established and emerging artists to create new work in fields ranging from pop to classical music, painting to digital media, theater to literature, and sculpture to dance. We seek opportunities to collaborate with cultural peers and community organizations, work with like-minded partners, and provide unique spaces for private events. As an independent nonprofit that values invention, equity, and generosity, we are committed to advancing art forms, addressing the urgent issues of our time, and making our work impactful, sustainable, and relevant to the local community, the cultural sector, New York City, and beyond.
About the Position
The Shed seeks a Controller to work as a member of a highly accomplished and skilled management team. The Controller will report to the Chief Financial and Administration Officer (CFAO) and provide day-to-day financial oversight of The Shed’s operating and building construction budgets. Areas of responsibility include accounting, budgeting, investments, banking relations, cash management, annual audit, federal and state tax filings, monthly financial statements, capital projects reconciliation, and maintenance of financial information systems. Due to the start-up nature of The Shed, the ideal candidate will be well versed in developing policies and systems for a new organization.
Oversee the general accounting of the institution, including, among other things, journal entries, cash disbursements, accounts payable, cash receipts, accounts receivable, reconciliation of bank accounts, and adjusting journal entries
Oversee weekly and bi-weekly payroll processing
Assist in preparation and monitoring of the operating budget working closely with CFAO and department heads
Develop and maintain relationships with staff at all levels to provide support and guidance in implementing The Shed’s fiscal objectives
Prepare monthly financial reports
Prepare short- and long-term cash flow analysis, monitor cash flow, and make short-term investment decisions based on working capital needs
Monitor and implement internal control procedures
Prepare and oversee the annual audit and preparation of federal filings including IRS Form 990
Maintain relationships with banks, auditors, and investment advisors
Maintain financial accounting system
Work with Development department to monitor and reconcile contributions, pledges, and rental revenues
Liaise with retail and catering vendors to report and reconcile earned income streams
Report uses of restricted grants to individuals, foundations, and government funders
Monitor the uses of restricted net assets
Prepare for “release” of assets on a timely basis
Supervise 3 Finance department staff
Qualifications and Qualities
BA in accounting or finance; CPA preferred
Five or more years of management experience; experience in a cultural institution with annual budget of at least $10M desired
Extensive experience with GAAP and nonprofit accounting principles, practices, and regulations
A demonstrated ability to work collaboratively as part of a highly motivated, energetic team
Strong oral and written communication skills
Strong computer skills essential; advanced Excel user
Ability to multitask and work well under pressure and in a fast-paced environment.
Must be able to work evenings and weekends as needed
Compensation will be commensurate with experience. Please provide salary requirements with your application.
The Shed is an Equal Opportunity Employer, committed to the goal of building a culturally diverse staff, and strongly encourages applications from minority candidates.
Interested candidates should complete an application and submit résumé and cover letter in a single Word or PDF document saved as candidate’s first and last name through our Career Center page at the link below.
Only résumés and cover letters submitted in this format will be reviewed. No phone calls, please.