Provides financial leadership and management of the Trust’s assets and $5-$6 million annual operation.
Manages Trust functions for the receipt, disbursement, and protection of cash, of assets and investment of funds. Responsible for recording, reporting, controlling, and analyzing all aspects of the Trust’s financial assets and operations. Ensures maintenance of accounting, legal compliance, and procedures and reporting practices in accordance with generally accepted accounting principles for nonprofit organizations.
1.Monitor and implement a robust set of processes for internal controls. Regularly test these processes to insure they are meeting the objectives for which they were designed.
Ensure the accuracy and integrity of all Trust accounting systems, including general ledger, cash receipts/disbursements, accounts payable, accounts receivable, and payroll.
Monitor and update cash forecasts and financial projections, while working with the CEO, Board Treasurer and Board finance committee to effectively manage the operating results and financial position of the Trust.
Maintain a complete general ledger to reflect all financial activity of the Trust from properly documented and approved detail and from systems output such as Financial Edge, Shopify, ADP and Altru.
Responsible for overall month-end and year-end close process including reconciliations and adjusting entries. Review and distribute to the department heads monthly accounting reports and cost analysis information. Ensure the proper reconciliation and review of monthly bank statements and weekly cash flow report.
Provide management and financial reporting and analysis to Board of Directors, Executive Committee, and Finance Committee.
Coordinate the annual audit, working with all departments to accumulate data required by auditors. Prepare or oversee preparation of audit schedules, audit reports, financial statements and annual report detail. Act as key liaison to outside auditors.
Prepare agendas and reports for Finance Committee meetings and present the financial results, financial position and cash flows in a clear and concise manner.
Ensure compliance with all state, federal and local reporting requirements.
The Trust operates four internationally-known sites (the Frank Lloyd Wright Home & Studio in Oak Park, the Robie House in the Hyde Park neighborhood of Chicago, the Rookery Building in downtown Chicago, and the Emil Bach House in the Rogers Park neighborhood of Chicago) and is recognized as a leader in the restoration and preservation of historic sites, research, education and community outreach.