Treasurer

3 days ago

New York, United States Pace Gallery Full time

Pace is a leading international art gallery representing some of the most influential artists and estates of the 20th and 21st centuries, founded by Arne Glimcher in 1960. Holding decades-long relationships with Alexander Calder, Jean Dubuffet, Agnes Martin, Louise Nevelson, and Mark Rothko, Pace has a unique history that can be traced to its early support of artists central to the Abstract Expressionist and Light and Space movements. Now in its seventh decade, under the leadership of CEO Marc Glimcher and President Samanthe Rubell, the gallery continues to nurture its longstanding relationships with its legacy artists and estates while also making an investment in the careers of contemporary artists, including Torkwase Dyson, Loie Hollowell, Robert Nava, Adam Pendleton, and Marina Perez Simo. Pace advances its mission to support its artists and share their visionary work with audiences and collectors around the world through its exhibitions of both 20th century and contemporary art and scholarly projects from its imprint Pace Publishing. Today, the gallery has eight locations globally, including New York, Los Angeles, London, Geneva, Hong Kong, Seoul, and Tokyo.

The Treasurer will lead the treasury function for the gallery including managing the banking relationship and cash management in partnership with the CFO/COO. The role will also lead the team managing budgeting, financial planning, reporting, and risk management.

This role will report directly to the CFO/COO and work closely with senior leadership.

What You'll Be Doing:

Strategic Initiatives

  • Serve in a critical role in contributing to strategic initiatives set forth by Senior Leadership
Treasury Management
  • Oversee the gallery's treasury operations, including cash flow management and reserves, liquidity optimization, assets, liabilities, investment strategies and banking relationships to ensure financial stability
  • Monitor debt and financing strategies
  • Manage foreign exchange risks, interest rates and VAT
  • Lead cash forecasting, ensuring alignment with the gallery's business goals and operational needs
  • Advise and partner with the CEO, CFO/COO and Senior Leadership on financial planning, capital allocation, risk management, cost management and investment strategies
Banking & Financial Relationships
  • Establish, manage and maintain strategic banking and financial institution relationships
  • Negotiate credit, loan agreements and other financial services to ensure favorable terms for the gallery
  • Serve as primary point of contact for banking and financial partners to secure innovative financing
Capital Projects & Investments:
  • Support capital projects, including expansions and major acquisitions, ensuring financial feasibility and return on investment
  • Support management of financial investments in accordance with CEO and CFO/COO directives
In addition to an active and progressive work environment, Pace Gallery offers a competitive benefits package, including medical, dental and vision insurance, retirement plans with a company match, flexible spending accounts and commuter benefits. We encourage a healthy work/life balance and offer a generous vacation policy.

Pace Gallery is proud to be an equal opportunity employer and will consider all qualified applicants regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or expression, Veteran status, or any other legally protected status.

Requirements
  • Bachelor's degree in Finance or Accounting. MBA or CPA preferred
  • 15+ years of progressive experience in senior financial leadership roles, ideally within the arts, cultural institutions, or nonprofit sectors
  • Experience in corporate finance, treasury management and managing banking relationships
  • Proven track record of managing multimillion-dollar budgets and complex financial structures
  • Strong understanding of the financial challenges and opportunities within the art world a plus, including familiarity with art collections, exhibitions, and acquisitions
  • Ability to translate financial data into actionable business strategies
  • Excellent communication skills with the ability to interact effectively with C-Suite, Senior Leadership and key stakeholders
  • A deep understanding of the art world and a passion for contemporary arts strongly preferred
  • Strong leadership skills with a track record of successfully managing complex teams and projects
  • Demonstrated strategic, financial, and managerial acumen
  • Demonstrated experience in effecting, influencing and managing change
  • Demonstrated high emotionally and social intelligence, diplomacy and cultural competence
  • Ability to build, grow and deepen relationships with a wide range of internal and external stakeholders
Benefits
  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan
  • Paid Time Off (Vacation, Sick & Public Holidays

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