Director, Finance

Company: White Cube
Location: New York
Posted on: March 3, 2025

Job Description:

JOB DESCRIPTIONJob Title: Director, FinanceReporting to: Chief Financial Officer / Chief Operations Officer, USWorking hours: Monday to Friday 10:00am to 6:00pm (additional hours as required)Salary: $170,000 - $200,000 DOELocation: New York____________________________________________________________________________OverviewThe Director, Finance will be an important part of our New York team and will oversee the various finance functions for White Cube Inc, working closely with the global finance team. The successful candidate will bring strong financial accounting and analytical skills, alongside the ability to operate seamlessly with the other departments in the business including the sales team and global finance team. Maintaining strong internal controls over all financial matters will be expected as well as contribution to the overall strategic direction of White Cube Inc. This position will work closely with the Sales Team providing guidance on deal structure in relation to sales and secondary market consignments as well as advice on sales tax and compliance.Key Responsibilities

• Accounting Responsibilities:--- Preparation of monthly management accounts, balance sheet reconciliations and analysis for review and consolidation--- Carry out regular reviews to ensure the accuracy / completeness of the sales & purchase ledger--- Work closely with colleagues to complete month end close process, including posting of journal entries, preparation of account analyses--- Monthly sales tax reconciliations and submissions--- Oversee submission and reconciliation of credit card expenses for the NY team--- Liaise with US tax advisors, accountants etc. where required--- Ensure compliance with accounting policies, standards and other relevant legislation--- Advise on existing and new financial policies, internal controls and processes including but not limited to invoicing and sales tax--- Manage successful implementation of new processes and policies with the local and global sales and finance teams--- Prepare for and manage any audits of White Cube Inc
• Sales and Consignments:--- Provide advice to sales team on commercial deals, sales tax implications and other compliance related matters--- Work closely with the Secondary Market team to advise on deal structure of consignments--- Raising sales invoices as required--- Work closely with registrar team regarding the movement and release of artworks
• Budget and Reporting:--- Preparation of the annual budget and forecasts for White Cube Inc working closely with CFO to deliver final budget--- Working alongside the local team to manage expenditure and ensure adherence to annual budget--- Train local staff on budget setting and managing on an ongoing basis--- Contribute to the delivery of the White Cube Inc business plan and strategic planning for the coming years--- Regular Financial analysis and reporting for the management team on expenditure and revenue
• HR and Insurance:--- Management of some key HR functions including of Health Insurance policy and renewal with COO, US--- Ensure compliance with relevant legislation relating to employment and benefits and, liaising with HR and Payroll, advise on matters of compliance--- Work with outsourced payroll company as required--- Manage insurance policies related to White Cube Inc such as workers compensation, public liability, professional indemnityPerson Specification:--- Minimum of 5 years prior accounting and finance experience, ideally working in a gallery or other art world organisation.--- Relevant accountancy qualification or qualified by experience--- Excellent communication skills and a professional manner--- Detailed knowledge / understanding of sales tax--- Ability to structure tasks and balance competing priorities and multiple stakeholders--- Strong attention to detail--- Advanced Excel skills--- Experience of SAGE accounting software would be an advantage
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Keywords: White Cube, New York , Director, Finance, Accounting, Auditing , New York, New York