Demo

Finance Dir: Planning, Analytics, & Reporting

Ravinia Festival Association
Highland, IL Full Time
POSTED ON 2/22/2025
AVAILABLE BEFORE 5/21/2025

Job Description

Job Description

Company Description Ravinia® is North America’s longest-running not-for-profit music festival and its most artistically diverse. Over 100 different events by a mix of classical, rock, pop, jazz, R&B, indie, and country performers make up a typical summer season on our two open-air and two indoor stages. Each year the Chicago Symphony Orchestra is featured in six weeks of concerts, many with Chief Conductor Marin Alsop. During the same summer months, Ravinia’s Steans Institute provides young professional classical and jazz musicians with career-advancing training and concert settings.Offstage and year-round, Ravinia’s Reach Teach Play education programs engage 50,000 children and adults—in schools with little to no music curriculum, in our Chicagoland communities, and at our 36-acre park—in our mission to make music equitably accessible to all.

Job Overview

The Finance Director : Planning, Analytics, and Reporting will support the Chief Financial Officer (CFO) in analyzing financial data, managing budgets and forecasts, and responsible for some month-end close financial processes / reviews. This position requires strong analytical skills, attention to detail, and the ability to communicate insights effectively to support the organization’s financial decision-making and long-term strategy.

Key Responsibilities

Budget Management, Financial Analysis and Reporting

Lead the annual planning, collaborating with department heads to align financial plans with the organizational goals and objectives.

Monitor performance, track variances, and recommend adjustments as needed.

Analyze financial data to identify trends, risks, and opportunities.

Prepare detailed financial models and forecasts to support strategic decision-making.

Assist in the preparation of monthly, quarterly, and annual financial reports for the CFO and other stakeholders.

Work closely with Ravinia’s Data, Research & Analytics Team (DART) to build and support data models for organizational initiatives.

Contribute to the development of 5-year long-term financial planning initiatives.

Endowment Tracking and Reconciliation

Perform monthly reconciliations of endowment accounts, ensuring accuracy and compliance with organizational policies.

Track endowment fund activity, including contributions and capital calls, earnings, distributions, and fees.

Collaborate with investment managers and external advisors to verify fund performance and resolve discrepancies.

Operating Reconciliation

Monitor and manage the organization's cash flow, ensuring timely payments, and maintaining adequate reserves and liquidity.

Prepare monthly reconciliations of operating bank accounts and credit card statements.

Compliance and Risk Management

Identify, assess, develop, and implement mitigation strategies for financial risks such as fraud, theft, and non-compliance.

Ensure adherence to financial regulations and internal controls.

Assist in audits and tax compliance by preparing necessary documentation and responding to inquiries.

Support the implementation of financial policies and procedures.

Collaboration and Stakeholder Support

Serves as a strategic partner with the CFO to address financial inquiries and provide insights for board and finance committee presentations.

Work closely with other departments to ensure smooth financial operations and alignment of objectives.

Provide training or guidance to staff on financial processes and tools.

Process Improvement

Identify opportunities to enhance efficiency in financial processes and reporting.

Leverage technology and financial software to optimize workflows.

Qualifications

Education : Bachelor's degree in Accounting and / or Finance or equivalent experience. CPA and / or MBA preferred.

Experience : 10 years in various finance / accounting roles including budgeting, reporting, and analysis. Non-profit financial management experience preferred.

Skills : Proficient in NetSuite or similar accounting systems, Prophix or similar financial budgeting and reporting systems, knowledge of non-profit accounting standards

Communications : Strong communication and leadership abilities Polished writing and presentation skills.

Work Environment

This is a full-time salaried position based in Highland Park, IL. Employees embrace and actively support Ravinia’s culture of integrity, professionalism, collaboration, mutual respect, and customer focus.

Location : Ravinia Office, 418 Sheridan Road, Highland Park, IL. The position is primarily in-office 4-5 days a week, with some remote work flexibility.

Compensation and Benefits

Salary range : $110,000 - $140,000

Excellent health (medical, dental, vision) and welfare (life insurance, short-term, long-term disability) benefits, including comprehensive time off (holidays, vacation, sick, and personal days), generous retirement savings plan 401(a) and 403(b) plan, learning and mentorship opportunities, access to various staff working groups, and a general admission season pass to Ravinia events.

Ravinia is an Equal Opportunity Employer

As an equal opportunity employer, Ravinia strongly believes that diversity of backgrounds, experiences, and perspectives is essential to our success. We strive to create and sustain an equitable and inclusive environment for all our employees. Ravinia does not discriminate on the basis of any protected status under federal, state, or local law. We encourage individuals of all identities and abilities to apply.

All your information will be kept confidential according to EEO guidelines.

Salary : $110,000 - $140,000

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Job openings at Ravinia Festival Association

Ravinia Festival Association
Hired Organization Address Highland, IL Full Time
Job Description Job Description Company DescriptionRavinia® is both North America’s longest-running not-for-profit music...
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Company Description Ravinia® is both North America’s longest-running not-for-profit music festival and its most artistic...
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