Chief Financial Officer
CHIEF FINANCIAL OFFICER, NEW YORK PUBLIC RADIO
About New York Public Radio
With an urban vibrancy and a global perspective, New York Public Radio (NYPR) produces local news, innovative public radio programs, podcasts, musical performances, and live events that serve a passionate community on-air, online, and in person. NYPR is known for award-winning enterprise reporting and storytelling, and for nurturing today’s most talented content creators. Through independent journalism, stories that matter, courageous conversations, and the power of music, NYPR creates an impact – deeper understanding, richer conversation, and more engaged and enlightened communities. NYPR’s work has changed hearts, minds, and sometimes even policy or law.
Growing from its roots as a New York City-owned municipal radio station reaching one million people a month, NYPR today is an independent, mission-based, non-profit serving communities in New York City, New Jersey and beyond. NYPR delivers news and cultural programming to the area’s 18 million residents through eight local radio stations, digital streaming and on-demand platforms and a live performance venue. Through its programming and podcasts, NYPR reaches more than 24 million people a month. NYPR has a $100 million operating budget and 380 employees.
Reporting to NYPR’s Chief Executive Officer (CEO), the Chief Financial Officer (CFO) will play a critical role as a member of the executive leadership team. The CFO will serve as a partner to the CEO and as an advisor to the executive team, providing leadership in both short-term and long-term financial planning. The CFO will partner with senior leaders across the organization to ensure that the finance function is aligned on best practices, will provide consultative support on all planning initiatives and will address financial challenges as they arise. S/he serves as the lead executive and liaison with the Finance, Audit and Investment committees of the board.
The CFO will play a key role in shaping NYPR’s ambitions and embrace the challenge of developing a strategy for growth even as our current listeners move off of broadcast platforms and onto digital platforms, as new audiences adopt listening habits on these new platforms, and as competitive threats and challenges increase. The ambition of the organization, alongside a shifting media landscape, should be a thrilling challenge for the right individual.
The Finance department is charged with safeguarding and growing the company’s assets while ensuring compliance to audit and generally accepted accounting principles and ethical standards. Through proactive financial planning and analysis, the finance department will enable NYPR to plan for and achieve its goals in the most efficient way possible. The department’s core functional areas include:
- Financial Planning and Analysis
- Budgeting and Long Term Financial Planning
- Accounting and Financial Reporting
- Cash Management; all Treasury functions
- Audit, Tax, and other Government/Grant filings
- Investment and Capital account oversight
Reports to: Chief Executive Officer
Direct Reports: VP of Finance and Director of Financial Planning & Analysis [open]
Other relationships COO, Chief Content Officer, SVP, Development, other members of the leadership team; Board of Trustees, Financing Sources and Investment Professionals, Auditors and Tax Professionals
- Act as a strategic partner to NYPR’s CEO and executive leadership team on the development and implementation of the organization’s strategic vision;
- Work with the CEO to prepare the three-year strategy and financial plan and the annual operating budget and work in partnership to ensure programmatic success, and ensuring financial sustainability;
- Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and required compliance and regulatory actions;
- Cultivate and manage relationships across the organization and with key external stakeholders including but not limited to NYPR’s Board of Trustees, donors, and partners.
- Ensuring the integrity of the organization’s financial operations, financial systems, and financial statements.
- Oversee the management and coordination of all fiscal reporting activities and ensure adequate controls are installed to safeguard NYPR’s financial assets;
- Oversee the coordination and activities of independent auditors and ensure that compliance obligations are met and the timely submittal of the IRS Form 990 filing requirements and CPB (Corporation for Public Broadcasting) requirements;
- Analyze and manage cash flow, cost controls and expenses to guide leaders across the organization and to ensure the organization’s needs are met;
- Oversee the production of monthly reports including reconciliations with funders as well as financial statements and cash flow projections for use by senior leadership, as well as the Board of Trustees;
- Develop and implement finance, accounting, financial grants management, and auditing policies and procedures; and approve and coordinate changes and improvement in automated financial and management information systems;
- Train and mentor staff on raising awareness and knowledge of financial management matters; coach, mentor and develop finance staff across the organization.
The ideal candidate will be a broadly skilled, sophisticated finance executive with significant leadership skills and a strong affinity for the mission of NYPR. The successful candidate will have extensive experience as a leader overseeing accounting, financial operations, and financial planning; a strong understanding of a content-driven organization, and demonstrated success working as a part of a senior leadership team driving innovation and business process improvements. The successful candidate will move fluidly between being a strategic advisor and a thought partner to the CEO and senior leaders, and the detail-oriented work of financial operations. The CFO will thrive in a fast-paced, complex media environment where excellence, accountability, flexibility, creativity and a can-do attitude are the norms.
CRITICAL LEADERSHIP CAPABILITIES
NYPR seeks an accomplished finance leader who can provide expert financial leadership and insight in a complex and rapidly changing environment.
- S/he will lead NYPR’s financial management function, ensuring the development of systems, policies and structure to support a robust finance organization with strong discipline and internal controls.
- S/he will work closely with the executive team and board to develop a long-range financial and business model that supports the strategic priorities of NYPR.
- S/he will provide leadership that brings innovative and creative solutions to achieve organizational objectives.
- S/he will identify new processes and/or systems to improve productivity and/or make the business more efficient, implementing best-in-class solutions.
Communication and Influencing Skills
The CFO will be an energetic and collaborative partner.
- S/he will be a finance leader who proactively sees opportunities to support and develop a world-class finance organization.
- S/he will possess well-developed written and oral communication skills; the ability to work effectively with colleagues and others outside the organization (i.e.; independent auditors, vendors, partners).
- Ensure that NYPR is adhering to the financial elements of its strategic vision; providing status reports to executive leadership, Trustees and relevant committees of the Board.
The CFO will be an effective manager and motivator of teams who excels in a dynamic, fast-paced environment
- S/he will set high standards and encourage ambition and creativity for finance personnel across the organization;
- S/he will be a confident manager, coach, and mentor with the ability to attract, develop, and retain a high-quality, diverse and inclusive finance team.
- S/he will advise and collaborate with senior leadership to articulate organizational priorities and implement change in accordance with the Institute’s strategic priorities.