As an institution, we believe the Denver Art Museum is both a platform for and an amplifier of the voices of people of all races. We acknowledge that Black lives matter and communities of color – Latinx, Indigenous, Black, and others – have been underrepresented in art museums over decades, both internally and externally. We are committed to elevating all voices, artworks and perspectives and strive to support racial equity inside and out. Candidates with a firm commitment to our institutional position are encouraged to apply.
Qualified candidates are expected to exemplify the DAM’s internal values, which include being dynamic, respectful, inclusive, creative, and curious. The ability to maintain effective and positive working relationships with visitors, employees, volunteers, representatives of public and private entities, policy making bodies, and contractors is critical to the success of this position.
The hiring salary for the position is $58,000-$65,000 based on experience.
A comprehensive benefits package including medical, dental, and vision coverage, 100% paid life insurance, short- and long-term disability insurance. Paid time-off for vacation, sickness and holidays. 403(b) Retirement Plan with immediate eligibility to contribute and, after one year of employment, an employer contribution and match. An RTD Eco pass at a discounted rate. A free membership to the DAM at the Family level.
This position is primarily responsible for the day to day accounting of the Denver Art Museum’s Foundation (DAMF) activity and the Museum’s (DAM) treasury functions. This includes: preparing required documentation for purchasing and selling of investments, initiating banking transfers, the recording of transactions in the accounting system, reconciliation of bank, credit card and stock account activity, and preparation and distribution of monthly, quarterly, and annual performance reports. This position is also responsible for month end and year end processes including compiling information for the annual audit and tax returns. The position requires adherence to internal control procedures in order to safeguard Museum assets.
Recurring Cash and Investment Duties
Prepares daily reporting on cash balances
Records cash and credit card activity
Makes bank deposits, as needed
Prepares and initiates DAMF investment transfers, as needed
Researches and resolves bank discrepancies
Research credit card chargebacks
Reviews the Museum’s stock account for new contributions and record.
Prepares the subscription documents to initiate new DAMF investment purchases
Prepares notifications to investment managers for the selling of Foundation investment
Monthly Accounting Responsibilities
Records monthly DAMF investment portfolio performance in accounting system
Monitors the current DAMF illiquid investment portfolio
Completes monthly bank reconciliations for the Museum and the Foundation
Completes monthly credit card reconciliations for the Museum
Completes reconciliation of gift annuitants and investment income.
Completes quarterly balance sheet reconciliations, as assigned.
Completes monthly investment account reconciliations for the Museum and the Foundation
Prepares monthly investment performance reports for the Foundation and its investment advisors
Prepares quarterly investment performance reports for other Foundations
Prepares quarterly allocations and reports of Foundation investment portfolio performance to endowment fundsPrepares annual distribution calculation
Performs trend analysis by incorporating financial and non-financial inputs relevant to revenue streams and expenses.
Provides investment firm advisors necessary documents to accurately compile the Foundation’s investment portfolio and performance
Prepares monthly banking fee analysis report
Prepares monthly credit card fee analysis report
Prepares schedules and information for the biannual board meetings
Other critical duties
Assists in preparing necessary schedules and information for the annual audit for the Museum and the Foundation. Assists in preparing necessary schedules and information for the annual tax return for the Museum and the Foundation.
Assists with cashflow projections, as needed.
Serve as backup to new account setup in accounting system and other Accounting duties
Develop and document current processes and procedures for the Foundation’s accounting
Responsible for training designated personnel to serve as the backup to this position
Lead and participate in department and Museum projects
Supports other accounting team members
Other projects and duties as assigned
Job Qualifications – Required
BA/BS in Accounting or Finance, or equivalent experience required.
Minimum 4 years professional experience working in accounting or finance.
Excellent communication and organizational skills.
Strong initiative and ability to manage multiple projects with strong follow through skills.
Ability to complete projects timely and accurately.
Logical analysis skills that require thinking through and solving problems step by step, often looking beyond the obvious solution to a problem and digging deeper for the best solution.
Ability to look at financial and other data and be able to explain trends and fluctuations.
Ability to maintain confidentiality.
Extensive Excel experience.
Ability to function in a team environment and interact with other departments within the Museum.
Job Qualifications – Preferred
Working understanding of GAAP
Working understanding of not-for-profit accounting
Working Environment/Physical Activities
Prolonged periods of sitting
Open office working environment
Written and oral comprehension
May require some light lifting occasionally
Note: This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the job.