Director of Finance
The Director of Finance will be responsible for oversight of all finance, accounting, and reporting activities for the Cincinnati Symphony Orchestra (CSO) and partner organizations. As the number-two accountant, the Director of Finance will be involved in supporting presentations to the Board, Finance, Audit and Investment Committees and will work closely with the senior leadership team.
The Director of Finance will supervise a team of staff members and will lead all day-to-day finance operations, including functional responsibility over accounting, general ledger reconciliation, accounts payable, accounts receivable, payroll, and grants administration. The Director of Finance will ensure that CSO has the systems and procedures in place to support effective program implementation and conduct flawless audits.
The Director of Finance will work closely with departmental leaders and their staffs, not only to educate them regarding finance and accounting procedures, but also to explore how the Finance function can support program operations. In addition, s/he will partner with the CFO, senior leadership, Human Resources (HR) and Information Technology (IT) staff to enhance and better integrate Finance, HR, and IT functions.
Finance and Accounting Leadership
• Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements.
• Oversee all financial activity, reconciling and reporting for CSO and partner organizations.
• Maintain internal control and safeguards for receipt of revenue, costs, and program budgets and actual expenditures.
• Maintain and further enhance the system of capturing contribution margin by product line. Provide analysis of the contribution margin and present to senior management.
• Coordinate all audit and tax reporting activity.
• Consistently analyze financial data and present financial reports in an accurate and timely manner; clearly communicate monthly, quarterly, and annual financial statements; monitor progress and changes and keep senior leadership abreast of CSO’s financial status.
• Assist CSO’s leadership in the annual budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate.
• Support the CFO in engaging the board’s audit and finance committees around issues and trends in financial operating models and delivery.
• Oversee all financial, project/program, and grants accounting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period; collate financial reporting materials for government, corporate, and foundation grants.
• Manage organizational cash flow forecasting by working in partnership with the program vice presidents; continuously collaborate with program vice presidents to assess the financial efficacy of program operations and establish finance and administrative systems to support program operations.
• Manage and track the performance of invested assets in keeping with policies and investment guidelines.
• Conduct periodic vendor reviews, assessing vendor costs and benefits versus alternatives, and facilitating institution-wide volume purchases as appropriate
• Other duties as assigned.
• Leverage strengths of the current Finance team members, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals.
• Provide leadership in strengthening internal communications with staff at all levels throughout the organization
• Create and promote a positive and supportive work environment.
Reporting Relationship: The Director of Finance reports to the Vice President & Chief Financial Officer.
Qualifications: This is an extraordinary opportunity for a mature leader with five to ten years of accounting and finance experience, ideally beginning in accounting and audit, followed by experience gathering, evaluating, presenting, and reporting financial information to executive teams and external stakeholders. S/he will ideally have experience in a complex nonprofit that has multiple programs and entities. Other qualifications include:
• Personal qualities of integrity, credibility, and unwavering commitment to CSO’s mission; a proactive, hands-on strategic thinker who will own, in partnership with the CFO, the responsibility for finance
• Minimum of a Bachelor’s degree required
• Solid experience coordinating audit activities and managing reporting, budget development, and analysis, accounts payable and receivable, general ledger, payroll, and accounting for investments
• A track record in grants management as it relates to compliance and reporting of government, corporate, and foundation grants is essential
• Technology savvy with experience selecting and overseeing software installations and managing relationships with software vendors; advanced knowledge of Microsoft Excel and accounting and reporting software
• Commitment to recruiting, mentoring, training, and retaining a diverse team; the foresight and ability to delegate accordingly
• Keen analytic, organization, and problem solving skills, which allows for strategic data interpretation vs. simple reporting
• Strong interpersonal and communication skills; experience in effectively communicating key data, including presentations to senior management, board, or other outside partners
• Ability to organize, evaluate, and present information effectively in writing and verbally
• Ability and desire to translate complex financial concepts to individuals at all levels including finance and non-finance managers
• Ability to work in a fast paced environment and to manage time in order to meet important deadlines
• Capable of discerning and maintaining confidentiality of information
• Self-starter, self-motivator, self-director
Compensation and Benefits: The Director of Artistic Administration position garners a competitive salary. The CSO offers generous benefits including; medical, dental, long term disability, life, accidental death and dismemberment insurance, health savings account, 403(b) participation and employer contribution, and the opportunity to work for an artistically thriving and financially stable nonprofit organization.
Please send cover letter and resume to:
Please put “Director of Finance” in the subject line.
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No third party applications will be accepted.
The CSO celebrates diversity! We are proud to be an Equal Opportunity, Minority, Female, Disabled, Veteran Employer.