Management Consultants For The Arts - Atlanta, GA

posted 3 months ago

Full-time - Senior
Atlanta, GA
Professional, Scientific, and Technical Services

About the position

The Atlanta Opera is seeking a talented individual with drive, ambition, and strong financial planning and management skills to serve as their next Chief Financial Officer (CFO). The CFO will oversee the Atlanta Opera's financial processes and team with particular focus on the infrastructure and systems needed to support the strategic objectives for the organization's financial health. The CFO will be an active participant in and driver of the organization's overall financial strategy. As a key member of the company's senior management team, the CFO will work closely with the Atlanta Opera's General & Artistic Director (GAD), Managing Director (MD), and other senior leadership to plan and implement the company's ambitious goals for growth, impact, and boundary-breaking opportunities for how to produce opera for contemporary audiences. The Chief Financial Officer is responsible for developing and maintaining systems and procedures for the Atlanta Opera financial operations, exercising independent judgment to ensure conformity with fiscal best practice, company policies and goals. Priority responsibilities for the role include partnering with the Managing Director (MD) & Chief Administrative Officer (CAO) on all operational and strategic issues as they arise, providing strategic recommendations based on financial analysis and projections, and participating in the ongoing strategic planning process as an integral member of the senior management team. The CFO will engage the senior management team with short and long-term financial planning goals and projections, and will also engage the board finance committee, audit committee, and investment committee around the issues, trends, and changes in the Atlanta Opera's financial position. In terms of accounting, the CFO will ensure accurate recording of all financial transactions in accordance with GAAP, overseeing general ledger activity, reviewing and approving account reconciliations, payables, payroll, and journal entries. The CFO will also manage the yearly audit as the direct liaison with external auditors and serve as the primary contact for the Audit Committee on all financial compliance and reporting. The CFO will have significant, relevant experience in accounting and financial planning and analysis with a strong understanding of financial management in a not-for-profit environment. The role requires strong skills in hiring, mentoring, and maintaining a professional and committed staff, along with excellent verbal and written interpersonal communication skills. Experience with and knowledge of performing arts and media are strongly preferred.

Responsibilities

  • Oversee the Atlanta Opera's financial processes and team.
  • Develop and maintain systems and procedures for financial operations.
  • Provide strategic recommendations based on financial analysis and projections.
  • Participate in the ongoing strategic planning process as a member of the senior management team.
  • Engage the senior management team with short and long-term financial planning goals and projections.
  • Engage the board finance committee, audit committee, and investment committee regarding financial position issues.
  • Ensure accurate recording of all financial transactions in accordance with GAAP.
  • Review and approve all monthly and quarterly account reconciliations.
  • Review and approve weekly payables and bi-weekly payroll.
  • Manage the yearly audit as the direct liaison with external auditors.
  • Develop and prepare a monthly financial statement package with detailed analytics of operational results.
  • Coordinate the planning, compilation, and presentation of the annual budget.
  • Manage all debt relationships and assess debt requirements.
  • Forecast monthly, quarterly, and annual cash flows.
  • Oversee, mentor, and supervise the Atlanta Opera's finance team.

Requirements

  • Significant experience in accounting and financial planning and analysis.
  • Strong understanding of financial management in a not-for-profit environment.
  • Skill in hiring, mentoring, and maintaining a professional staff.
  • Excellent verbal and written interpersonal communication skills.
  • High personal integrity.

Nice-to-haves

  • Experience with and knowledge of performing arts and media.

Benefits

  • Annual salary starting at $140,000.
  • Benefits package commensurate with other organizations of its size.
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