Andrew T. Smaha

CFO @Portland Museum of Art

Portland, ME, US

Through targeted modernization of financial controls, disciplined financial management, strategic investment, operational efficiency, and collaborative labor relations, I have guided the PMA past longstanding $1M+ annual budget deficits and into a moment of unprecedented mission fulfillment. These tactical measures prioritized fiscal stability and organizational resiliency to better position our nonprofit for a transformative $150M capital expansion project.Asset Growth and Endowment Protection- Grew organizational assets by $8 million over two cycles- Accelerated decision-making to safeguard the endowment against volatile market conditions- Invested temporarily restricted funds in short-term money market instruments- Directed short-term investment gains into the operating budget- Implemented bank account sweeps- Leveraged energy credits to bolster cash flow- Reconnected with original donors to update and lift outdated, restrictive languageStrategic Budget Management- Conducted extensive internal audits to identify cost-saving opportunities- Renegotiated third-party contracts, including insurance and employee benefits, property leases, shipping, preventative maintenance, printing, IT managed services- Reduced administrative burden by implementing new systems for accounting, payroll, compliance, procurement, and a myriad of additional technology solutions- Created metric-driven reporting and performance analysis with clear KPI goals- Decreased personnel expenses by 7% through the implementation of new standardized wage scales- Tightened overtime, wage adjustments, and new hire wage levelingOrganizational Development- Led a comprehensive reorganization of staff to optimize roles and responsibilities- Invested in expanding the fundraising team and upgrading the donor database- Enhanced external sales efforts to diversify and increase revenue streams- Served as management representative in securing two new multi-year, cost-controlled CBAs

Tufts University

Bachelor of Arts, Political Science