Senior Director of Finance

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Position Summary:

The Sr. Director of Finance (Director), reporting to the President & CEO, is responsible for directing strategies, systems, and procedures dedicated to the continued financial stability, growth, and maximum impact and success of COCA. This position is a key member of COCA’s leadership team, working in collaboration with the Senior Director team to create long-term, strategic planning objectives for artistic programs, campaigns and operations. The Director will also work with an engaged Board of Directors and committee volunteers. As an organization-wide resource, the Director will oversee a team responsible for the entire range of accounting and finance, forecasting, reporting, investment management, and other financial activities.

Essential Functions:

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions

Financial and Operational Management:

• Provide strategic leadership for the development of annual and multi-year budgets. This includes oversight on the implementation of budgets to monitor progress and present operational metrics both internally and externally; this includes, but is not limited to the tracking of receipts and releases of restricted funding.
• Oversee the creation and approval of all financial reporting materials for the Board of Directors, the Finance and Investment Committees, and appropriate external stakeholders. Proactively report any variances from budget goals that could potentially affect funding for programs and/or operations.
• Manage an annual budget in excess of $6MM, a capital budget that varies by year, and an endowment investment portfolio ($6MM and growing) to help ensure that the organization’s strategic initiatives are met.
• Ensure that Accounting staff stewards and maintains the integrity of financial record systems in accordance with Generally Accepted Accounting Principles and monitor the use and control of all funds.
• Develop and execute an annual operating plan with accountable monthly, quarterly and annual monetary and activity goals; submit reports to executive management demonstrating progress toward departmental, program and organizational financial goals.
• Guide the development of organizational and program pro forma budgets that support the short- and long-term objectives for stability and impact.
• Drive the creation of timely and accurate forecasts, reports, and analyses to keep staff and Board members apprised and engaged in ensuring COCA’s optimal financial operating position and long-term sustainability.
• Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting; maintain all banking relationships (debt, treasury, etc.).
• Maintain all banking relationships (debt, treasury, etc.).
• Coordinate all audit activities including managing relationship with external auditing firm, drafting and presenting financial statements and notes, and implementing recommendations.

Team Management & Organizational Leadership:

• Directly manage the accounting personnel (presently two (2) FT employees), including the hiring, supervising, and mentoring of department employees. Participate in annual compensation and performance evaluations.
• Serve as an engaged member of the Directors’ Forum to address near- and long-term organizational goals and objectives.
• Manage and serve as primary contact for COCA’s Finance Committee and Investment Committees.
• Actively collaborate with leadership across COCA to build capacity for financial literacy, planning and analysis.
• Be actively engaged with the onboarding of new staff employees; facilitate budgetary and analysis trainings to ensure organizational competency.
• Participate in and/or guide larger multidisciplinary teams outside direct span of control, as requested.

Education and/ or Qualifications:

• MBA or CPA is required.
• Seven to ten years of experience in relevant accounting and/or finance roles required.
• Three to five years of experience in non-profit accounting required.
• Three to five years of experience managing teams required.
• Strong analytical skills and experience interpreting a strategic vision into an operational model.
• Demonstrated record of success in budgeting, forecasting, and setting revenue and expense targets for multiple programs in multiple venues.
• Commitment to COCA’s mission and strong interest in arts education and community engagement.
• Commitment to diversity, equity, and inclusion.
• Eagerness to attend occasional evening and weekend performances and actively engage with COCA’s community, including students, parents, donors, audience members, and artists as a member of the COCA’s leadership team.

Competencies:

• Ethics – Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
• Cost Consciousness – Works within approved budget; Develops and implements cost-saving measures; Contributes to profits and revenue; Conserves organizational resources.
• Judgment – Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
• Leadership – Exhibits confidence in self and others; Inspires and motivates others to perform well; effectively influences actions and opinions of others; Accepts feedback from others; Gives appropriate recognition to others.
• Quality Management – Looks for ways to improve and promote quality; Demonstrates accuracy and thoroughness.

Physical Demands & Work Environment:

• While performing the duties of this position, the employee is frequently required to walk, stand, bend, kneel, stoop, communicate, reach and manipulate objects.
• The position requires mobility. Duties involve moving materials weighing up to 10 pounds on a regular basis such as files, books, office equipment, etc., and may infrequently require moving materials weighing up to 20 pounds.
• Manual dexterity and coordination are required while operating equipment such as computer keyboard, calculator, and standard office equipment.
• This position may be required to participate in events, board meetings, or committee meetings that may be outside typical business hours.
• This position is expected to work onsite at least three (3) days per week, once they have satisfied the probationary period set forth in COCA’s Remote & Hybrid Work Policy.

COCA is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions at COCA are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. COCA is committed to achieving a diverse workforce through application of its affirmative action, equal opportunity, and nondiscrimination policy in all aspects of employment. COCA complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact hr@cocastl.org.