For more than 135 years, the Art Institute of Chicago and School of the Art Institute of Chicago have shared a commitment to the preservation, education and exploration of the artistic ideal. The Museum and the School are proud of our longstanding relationship, and form a single corporation called the Art Institute of Chicago. While the Museum and School have a shared mission of promoting the arts and art education, their operations are largely separate and each has its own chief executive who reports directly to the corporation's Board of Trustees.
The Executive Director, Financial Planning and Analysis is responsible for overseeing the operating budget for the Museum. This includes designing and leading the Museum budgeting process, supporting cost-benefit analyses for major business decisions, leading a team to communicate budget decisions and resolve issues, and identifying opportunities for process and reporting improvement. This position will work closely with the Department of Analytics and Strategy to better incorporate enterprise data and analytic tools into financial planning and decision-making.
DUTIES AND RESPONSIBILITIES:
Leading process with senior leadership to establish the ~$100M annual budget
Introducing and educating colleagues on new financial and budgeting concepts
Working directly with colleagues across the museum to create departmental budgets
Incorporating applied data and analytics into financial management across the Museum
Independently identifying areas for financial improvement in all areas of the business
Leading cost-benefit analysis for major strategic initiatives
Developing practical approaches for setting capital and exhibition project budgets
Master's degree in Business Administration, Public Administration, Finance, Economics or a directly related field
Five years of budgetary and financial analysis experience in a complex organization or an equivalent combination of education, training and experience
A management style that balances a willingness to lead and offer opinions and direction with a collegial and flexible approach
Demonstrated ability to communicate across all levels of the organization, including those less familiar with financial and budgetary concepts
Experience and comfort with modern analytic platforms and data visualization techniques.
An entrepreneurial mindset with excitement for change and comfort with ambiguity
Ability to maintain an independent perspective and collaborative approach when presented with competing viewpoints
The Art Institute of Chicago is an equal opportunity, equal access employer fully committed to achieving a diverse and inclusive workplace.
About The Art Institute of Chicago
The Art Institute of Chicago is a world-renowned art museum housing one of the largest permanent collections in the United States. It is encyclopedic in nature with strong holdings across all media, all traditions and all ages. The Art Institute is particularly recognized for its extraordinary Impressionist, Modern, Contemporary and American collections, among other aspects of its holdings. In addition to housing its permanent collection, it typically stages 35-40 special exhibitions a year. In 2014, it was named by Trip Advisor travelers as the number one museum in the world, a remarkable recognition that speaks not only to the quality of the collection but to the entirety of the visitor experience.The Art Institute welcomes between 1,400,000 and 1,800,000 visitors a year and has a membership of 100,000. The museum has an annual operating budget of approximately $110 million.Founded in 1879, the Art Institute grew with the success of Chicago and quickly attained world class stature given the strength of its collection. The Art Institute has expanded several times in its history, most recently and notably with the opening in 2009 of the 264,000 square foot Modern Wing designed... by internationally acclaimed architect Renzo Piano. The addition has been critically important to the museum as it not only provided much needed gallery space, but also allowed the Art Institute to reorganize its galleries to present the collection in a more logical and accessible fashion. The new addition also includes one of the largest education facilities at any museum and this center has allowed the Art Institute to expand its already impressive array of offerings.