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
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