Chief Financial Officer

Twin Cities PBS, one of the most widely celebrated and recognized stations in public media, is searching for our next Chief Financial Officer. This position is responsible for the management of our $46-million-dollar annual operating budget and will facilitate the creation and evolution of innovative financial strategies, processes, and procedures organization wide. The successful candidate will demonstrate an ability to provide visionary, organized, data-driven, and inclusive leadership.

Salary Range: $225 - $240K Base Salary (Depending on experience)

*This position is eligible for incentive compensation based on individual and organizational performance. **

MAJOR AREAS OF RESPONSIBILITY:

Financial Leadership (30% of time)

• Champion financial transparency, building the organization's financial acumen and a culture of financial stewardship and accountability.
• Oversee all financial functions of TPT, to include financial planning and analysis, budgeting, reporting and forecasting, treasury, cash and financing/capital, ensuring enterprise-wide coordination and transparency.
• Ensure that core financial systems and technologies integrate with other relevant systems.
• Ensure internal controls are properly designed and operating efectively.
• Perform financial modeling and reporting on operations and key business intiatives.
• Identify key cost drivers and implement solutions to improve business unit performance.
• Support the fiduciary oversight of all investments, to include TPT's endowments and 401(k) plans.
• Serve as key management point person to the Board Finance and Investment Committee on oversight of our $40M operating reserve/endowment.
• Participate on the Board Audit and Risk Committee.

Strategy Leadership (10% of time)

• Together with the President & CEO and President's Advisory Team, create the vision for TPT's transformation, and lead implementation of enterprise-wide plans and objectives.
• Actively participate in external facing networking opportunities and keep the pulse on developments in financial, accounting and investment practices, as well as changes in media and nonprofit environments.
• Participate in enterprise risk management planning to identify, monitor, assess, and mitigate the impact of organizational risks.

Budgeting, Financial Planning and Reporting (25% of time)

• Create and establish yearly and long-term financial goals in partnership with the CEO for operating and capital budgets that align with the TPT mission and opportunities.
• Develop and oversee annual budgeting process.
• Ensure adequate capital and liquidity to meet current needs and plans for future needs through sound capital structures and banking/financial relationships.
• Work with finance team to assess and report on organizational performance including but not limited to monthly, YTD, forecast, and long-term planning.
• Review capital and expense requests and the preparation of long and short-term budgets.
• Perform financial modeling and reporting on operations and key business initiatives.
• Oversee production management, including production and initiative budgets and forecasts, cashflow and grant compliance requirements.

Staff Management (20% of time)

• Inspire and motivate exceptional performance, communicate expectations, ensure team members have all needed tools, evaluate team members' effectiveness, support professional development and performance management.
• Hire, train, and evaluate employees.
• Organize workflows to accomplish established objectives and delegate responsibilities.
• Coach and mentor team members to learn new skills, achieve more ambitious goals and deepen their impact.

Compliance Leadership (10% of time)

• Ensure compliance with IRS regulations, investment regulations, GAAP, FAS and all related audit requirements, and accurate and timely external reporting to rating agencies, public funders and other financial institutions.
• Serve as Key Contact for internal and external audit and 990 process.

Other Responsibilities (5% of time)

• Participate in organizational events and initiatives.
• Complete other projects as assigned.

QUALIFICATIONS

Required Experience

• BA degree in accounting, finance or related field
• 15 years of financial leadership experience
• 10 years of people management experience
• Experience working with Boards

Preferred Experience

• MBA or Master's degree
• CPA
• Experience as a CFO within the nonprofit sector
• Experience in media, arts, culture, education, entertainment or adjacent industry

Knowledge, skills and abilities:

• Leadership style that is forward thinking, self-aware, and collaborative
• Expert knowledge of GAAP, grants management, tax, investment and compliance
• Excellent knowledge of data analysis and forecasting methods
• Demonstrated experience building, mentoring, developing, and managing a diverse team
• Exceptional skills in applying analytical, strategic and tactical lenses to complex problem-solving.
• Deep commitment to advancing inclusion, diversity, equity and accessibility (IDEA) in all aspects of their work
• Deep knowledge of financial systems and processes
• Exceptional communication skills with the ability to relay complex concepts in clear ways, engender trust, adapt presentation style to the audience, and collaborate easily with financial and non-financial professionals.
• High level of integrity and dependability with a results-oriented approach
• Strong technical skills: general ledger (Great Plains), reporting (Adaptive), Office 365
• Commitment to public media

We know that engaging, building trust, and making a difference relies on the collective wisdom and strength of a truly diverse organization. With this in mind, and as an equal opportunity employer, we encourage and strongly welcome candidates of all identities, lived experiences, orientations, and communities to apply.