The Metropolitan Museum of Art
Head of Budget & Financial Planning
The Metropolitan Museum of Art, New York, New York, us, 10261
Overview
The Met presents over 5,000 years of art from around the world for everyone to experience and enjoy. The Museum lives in two iconic sites in New York City—The Met Fifth Avenue and The Met Cloisters. Millions of people also take part in The Met experience online. Since its founding in 1870, The Met has aspired to be more than a treasury of rare and beautiful objects, fostering a collaborative and respectful work environment with a staff as diverse as the audiences we engage. Our staff members are art lovers who are passionate about working toward a common goal: creating the most dynamic and inspiring art museum in the world. At The Met, every staff member lives by our core values of
respect ,
inclusivity ,
collaboration ,
excellence , and
integrity .
GENERAL STATEMENT OF RESPONSIBILITIES & DUTIES: You are an integral partner to the Chief Financial Officer (CFO) and Controller. You will partner with key stakeholders on matters related to annual operating budgets, long-term financial planning, financial and budgetary responsibility, and risk management. You are responsible for periodic management reporting for the Museum’s Operating Budget. Primary Responsibilities & Duties
Prepare, implement, and maintain the Museum's multi-year financial plan for both the Met Fifth and Met Cloisters campuses, coordinating to consolidate for the Museum's overall financial plan (operating + capital). Lead the Museum’s annual financial plan adjustment process and the annual budget submission process, establishing timelines, workflows, and guidelines in alignment with the Museum’s strategic goals. Lead the Museum’s twice-annual, bottoms-up periodic variance analysis and forecasts for each department. Develop three consolidated variance analyses and forecasts for current year operating performance. Lead a team of Budget/Financial Analysts to maintain financial models and templates supporting ongoing budget and planning processes. Lead a team of Divisional Finance Managers to ensure alignment on processes, formats and tools. Collaborate with colleagues to develop financial plans for major new initiatives and programs. Partner with Human Resources to maintain the Museum’s comprehensive compensation model (multi-year headcount and fringe benefits assumptions). In partnership with the Controller’s and Investments teams, enhance and integrate operating cash planning and forecasting into the broader planning suite. In partnership with the Controller’s team, develop new financial reporting formats to support managerial decision-making across the Museum with a focus on continuous improvement. Work closely with the Controller’s Office to crosswalk between GAAP financial accounting rules and Met-specific managerial accounting rules. Other duties as assigned. Education & Experience
Bachelor’s Degree in Accounting, Finance, Business or related field, or equivalent work experience. 10 years of progressively comprehensive budget and financial planning leadership experience within a large, complex environment. Thorough working knowledge of finance, fund accounting, and financial reporting analysis. Experience in higher education, healthcare, global non-for-profit or other complex/multi-faceted large corporation is preferred. Demonstrated ability to manage financial data and prepare/oversee budgets and forecasts, with the ability to distinguish operating expenses from capital expenditures. Ability to effectively influence within a complex institutional environment. Exceptional organizational skills and attention to detail. Solid understanding of internal control concepts and the implementation of internal control systems in a complex business environment. Advanced proficiency in Microsoft Excel. Experience with Workday Financials, HR and/or Adaptive Planning is a plus. Familiarity with or interest in learning project planning and project management software, especially JIRA. Compensation & Benefits
Pay Range: $200,000.00 – $220,000.00 The advertised pay scale reflects the good faith minimum and maximum salary range for this role and is not a promise of a wage for any specific employee. Compensation offered may depend on factors including experience, education, licensing or qualifications, and other factors. Visa Sponsorship & Location
Visa sponsorship is not available for this position. At time of employment, employees are expected to be located within commuting distance of the Museum (Tri-state and PA areas: NY, NJ, CT, PA) and able to commute to the Museum in a single day. Benefits Offerings
The Museum provides competitive compensation and generous benefits and perks for eligible employees. Note: Benefits may differ based on Employee Status. Medical, dental, vision and life insurance 403(b) basic retirement plan and optional matching retirement plan with employer match Paid time off, including annual leave, sick leave, and 13 Museum holidays Long-term disability coverage Flexible Spending Accounts & Health Savings Account Commuter benefits Free financial-planning services Financial assistance for relevant coursework, seminars, and training programs 25% discount for staff in Museum shops Subsidized staff cafeteria Access to the Museums Council pass for free admission to various museums and cultural institutions We recognize that it is highly unlikely that someone meets 100% of the desired attributes for a role. If much of this job description describes you, then please apply for this role. The Met is committed to the full inclusion of all qualified individuals and will provide reasonable accommodations for disabled applicants. If accommodation is needed in this process, please contact benefits@metmuseum.org. The Metropolitan Museum of Art provides equal opportunity to all employees and applicants without regard to race, color, religion, creed, sex, sexual orientation, national origin, ancestry, age, disability, pregnancy, citizenship status, marital status, or other protected categories in all employment decisions. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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The Met presents over 5,000 years of art from around the world for everyone to experience and enjoy. The Museum lives in two iconic sites in New York City—The Met Fifth Avenue and The Met Cloisters. Millions of people also take part in The Met experience online. Since its founding in 1870, The Met has aspired to be more than a treasury of rare and beautiful objects, fostering a collaborative and respectful work environment with a staff as diverse as the audiences we engage. Our staff members are art lovers who are passionate about working toward a common goal: creating the most dynamic and inspiring art museum in the world. At The Met, every staff member lives by our core values of
respect ,
inclusivity ,
collaboration ,
excellence , and
integrity .
GENERAL STATEMENT OF RESPONSIBILITIES & DUTIES: You are an integral partner to the Chief Financial Officer (CFO) and Controller. You will partner with key stakeholders on matters related to annual operating budgets, long-term financial planning, financial and budgetary responsibility, and risk management. You are responsible for periodic management reporting for the Museum’s Operating Budget. Primary Responsibilities & Duties
Prepare, implement, and maintain the Museum's multi-year financial plan for both the Met Fifth and Met Cloisters campuses, coordinating to consolidate for the Museum's overall financial plan (operating + capital). Lead the Museum’s annual financial plan adjustment process and the annual budget submission process, establishing timelines, workflows, and guidelines in alignment with the Museum’s strategic goals. Lead the Museum’s twice-annual, bottoms-up periodic variance analysis and forecasts for each department. Develop three consolidated variance analyses and forecasts for current year operating performance. Lead a team of Budget/Financial Analysts to maintain financial models and templates supporting ongoing budget and planning processes. Lead a team of Divisional Finance Managers to ensure alignment on processes, formats and tools. Collaborate with colleagues to develop financial plans for major new initiatives and programs. Partner with Human Resources to maintain the Museum’s comprehensive compensation model (multi-year headcount and fringe benefits assumptions). In partnership with the Controller’s and Investments teams, enhance and integrate operating cash planning and forecasting into the broader planning suite. In partnership with the Controller’s team, develop new financial reporting formats to support managerial decision-making across the Museum with a focus on continuous improvement. Work closely with the Controller’s Office to crosswalk between GAAP financial accounting rules and Met-specific managerial accounting rules. Other duties as assigned. Education & Experience
Bachelor’s Degree in Accounting, Finance, Business or related field, or equivalent work experience. 10 years of progressively comprehensive budget and financial planning leadership experience within a large, complex environment. Thorough working knowledge of finance, fund accounting, and financial reporting analysis. Experience in higher education, healthcare, global non-for-profit or other complex/multi-faceted large corporation is preferred. Demonstrated ability to manage financial data and prepare/oversee budgets and forecasts, with the ability to distinguish operating expenses from capital expenditures. Ability to effectively influence within a complex institutional environment. Exceptional organizational skills and attention to detail. Solid understanding of internal control concepts and the implementation of internal control systems in a complex business environment. Advanced proficiency in Microsoft Excel. Experience with Workday Financials, HR and/or Adaptive Planning is a plus. Familiarity with or interest in learning project planning and project management software, especially JIRA. Compensation & Benefits
Pay Range: $200,000.00 – $220,000.00 The advertised pay scale reflects the good faith minimum and maximum salary range for this role and is not a promise of a wage for any specific employee. Compensation offered may depend on factors including experience, education, licensing or qualifications, and other factors. Visa Sponsorship & Location
Visa sponsorship is not available for this position. At time of employment, employees are expected to be located within commuting distance of the Museum (Tri-state and PA areas: NY, NJ, CT, PA) and able to commute to the Museum in a single day. Benefits Offerings
The Museum provides competitive compensation and generous benefits and perks for eligible employees. Note: Benefits may differ based on Employee Status. Medical, dental, vision and life insurance 403(b) basic retirement plan and optional matching retirement plan with employer match Paid time off, including annual leave, sick leave, and 13 Museum holidays Long-term disability coverage Flexible Spending Accounts & Health Savings Account Commuter benefits Free financial-planning services Financial assistance for relevant coursework, seminars, and training programs 25% discount for staff in Museum shops Subsidized staff cafeteria Access to the Museums Council pass for free admission to various museums and cultural institutions We recognize that it is highly unlikely that someone meets 100% of the desired attributes for a role. If much of this job description describes you, then please apply for this role. The Met is committed to the full inclusion of all qualified individuals and will provide reasonable accommodations for disabled applicants. If accommodation is needed in this process, please contact benefits@metmuseum.org. The Metropolitan Museum of Art provides equal opportunity to all employees and applicants without regard to race, color, religion, creed, sex, sexual orientation, national origin, ancestry, age, disability, pregnancy, citizenship status, marital status, or other protected categories in all employment decisions. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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