Director of Finance

About the Toledo Museum of Art
Since its founding in 1901, the Toledo Museum of Art has earned a global reputation for the quality of its collection, its innovative and extensive education programs, and its architecturally significant campus. Thanks to the generosity of its founders and the continued support of its members, TMA remains a privately endowed nonprofit institution that opens its collection to the public free of charge. TMA is dedicated to integrating art into people's lives and to cultivating an organizational culture where every individual feels valued, inspired, respected, and empowered.

Position Summary
The Director of Finance is an executive finance leader responsible for providing strategic financial leadership, business model innovation, and forward-looking partnership across the Museum. Reporting to the Director & CEO, this position oversees all accounting and finance operations while serving as a trusted advisor to senior leadership and the Board in support of organizational strategy, financial sustainability, and responsible growth.

This role is intentionally designed as a succession opportunity. Working closely alongside the outgoing Chief Financial & Operating Officer through a structured transition, the successful candidate will be positioned to assume executive financial leadership following the planned retirement of the current CFOO at the end of 2027. The ideal candidate will be both rigorous with financial accounting and growth-oriented in approaching the Museum's business and operating model.

The Director of Finance directly leads the Museum's Finance Department and partners closely with the Chief Development Officer and the Director & CEO, as well as other senior leaders, to strengthen financial planning, maximize philanthropic impact, evaluate emerging revenue opportunities, and support innovative models that advance the Museum's mission.

Key Accountabilities

Revenue Strategy & Executive Business Partnership:
- Work closely with the Chief Development Officer on campaign planning, endowment strategy, restricted gifts, and philanthropic forecasting
- Develop financial analyses supporting exhibitions, visitor experience, retail, earned revenue, and entrepreneurial initiatives
- Create business cases supporting strategic investments
- Assist departments in understanding financial performance and opportunities for improvement
- Participate in long-term financial and operational planning, supporting institutional sustainability with a holistic approach to financial reporting

Financial Stewardship & Operational Excellence:
- Oversee accounting operations and the finance department
- Lead the annual budgeting process
- Oversee monthly and annual financial reporting
- Maintain compliance with GAAP and nonprofit accounting standards
- Oversee grant accounting and restricted funds
- Manage treasury and cash flow
- Lead annual audit processes
- Strengthen internal controls and enterprise risk management
- Ensure continued regulatory compliance
- Promote professional development and knowledge sharing within the team

Financial Innovation & Emerging Technologies:
- Monitor emerging financial technologies and evolving business models
- Evaluate opportunities involving blockchain-enabled financial transactions, digital assets, auction guarantees, innovative collection financing strategies, and evolving payment technologies
- Assess opportunities for AI-supported financial analytics, forecasting, and business intelligence
- Develop financial frameworks supporting innovative partnerships and revenue models
- Recommend financial controls that appropriately balance innovation with stewardship

Stakeholder Engagement:
- Serve as a strong manager of the Finance department
- Build a finance function recognized as a trusted strategic partner throughout the Museum
- Collaborate with the leadership team and Board of Directors to present financial reports, strategic plans, and operational updates
- Build and maintain effective relationships with external stakeholders, including auditors, banks, vendors, and government agencies
- Provide financial and operational insights to support fundraising efforts and donor relations

Education and Experience
- Bachelor's degree in finance, accounting, or business administration required; master's degree in a related field preferred
- CPA or CMA certification highly desirable
- 10+ years of demonstrated experience in financial management, strategic planning, and operational leadership, with leadership or governance experience in a museum, cultural institute, or similar sector preferred
- Demonstrated experience in financial strategy, working with external auditors, investment stewardship, restricted funds, major capital initiatives, and innovative financing models

Specialized Knowledge, Competencies, and Abilities
- Strong knowledge of financial analysis, budgeting, forecasting, and financial reporting
- Excellent verbal and written communication skills
- Excellent interpersonal skills with the ability to influence and navigate complexity
- Strong leadership skills with a proven track record of collaboration and management of strategic initiatives
- Excellent organizational and project management skills
- Experience developing data infrastructure to dynamically measure key performance indicators
- Ability to adapt to organizational needs, prioritize tasks, and delegate appropriately
- Demonstrated experience implementing process improvements and optimizing operational efficiency
- Exceptional analytical, problem-solving, and decision-making abilities
- Expert with Microsoft Office Suite and proficiency using AI tools ethically and appropriately

Compensation and Benefits
The compensation range for this role is $122,777.22 - $144,263.24. This is a full-time, on-site, exempt position based in Toledo, OH, reporting to the Director & CEO.

Benefits include:
- 25 Days of Paid Time Off Annually
- 6 Paid Holidays and 2 Floating Holidays Annually
- 3 Paid Volunteer Days Annually
- Birthday Paid Day Off
- Medical, Dental, & Vision Insurance
- 403(b) Retirement Savings Plan with option to direct employer matching toward qualified student loan payments
- Short-Term Disability, Long-Term Disability, Term Life, and AD&D Insurance
- 12 Weeks Paid Parental Leave
- Pet Insurance
- Discounted YMCA of Greater Toledo Membership
- Employee Assistance Plan

Deadline to Apply: 12:00pm Eastern on August 21, 2026