Demo

Director of Finance

Scion Executive Search
New York, NY Full Time
POSTED ON 2/5/2025
AVAILABLE BEFORE 3/6/2025

Scion Nonprofit Staffing an award-winning full-service staffing firm, has been engaged to conduct a search for a Director of Finance for a prominent nonprofit performing arts organization based in New York, NY. This full-time position presents an exciting opportunity for an experienced finance leader to oversee and optimize financial operations in a dynamic and creative environment.


POSITION SUMMARY:

The Director of Finance will manage the financial operations of a $29 million budget for a renowned theater company. This role involves overseeing operating and investment funds, developing cash management strategies, and providing timely financial reporting to all departments. The successful candidate will work closely with executive staff and the Board of Directors, reporting directly to the Executive Director and managing a team of three in the Business Department, with additional oversight of two in the Technology Department.


KEY RESPONSIBILITIES:

Financial Operations and Reporting

  • Manage accounting functions, including general ledger, accounts payable, accounts receivable, and cash flow.
  • Maintain accurate financial statements, forecasts, and budget reports in accordance with nonprofit GAAP.
  • Oversee revenue recognition, tracking, and prepare supporting information for annual audits.
  • Manage relationships with financial institutions and oversee credit lines.


Board and Committee Liaison

  • Serve as staff representative to Board Finance, Audit, and Investment Committees.
  • Provide quarterly financial performance reports and respond to inquiries.
  • Collaborate with Executive Director on financial materials for Board review.


Compliance and Risk Management

  • Ensure recordkeeping complies with applicable laws, regulations, and contractual obligations.
  • Maintain corporate insurance portfolio, including D&O, E&O, and property coverage.
  • Guarantee full compliance with grant requirements, funder covenants, and governmental regulations.


Process Improvement

  • Identify opportunities for enhancing productivity, quality, and customer service.
  • Implement cost reduction and systems enhancement initiatives.



QUALIFICATIONS:

  • Master's Degree in Finance or Accounting.
  • 7-10 years of experience in a similar large institutional theater or performing arts organization.
  • Strong ability to work collaboratively with creative and non-financial teams to support organizational objectives.
  • Proficiency in GAAP, particularly in nonprofit revenue recognition.
  • Expertise in financial planning, analysis, and risk assessment.
  • Excellent presentation skills and the ability to communicate financial information effectively to diverse stakeholders.
  • Experience with policy development and fiscal control measures.
  • Familiarity with Microsoft Great Plains accounting software and Tessitura is a plus.
  • Proven success in fostering a collaborative work environment and implementing process improvements within finance and accounting functions.
  • Strong organizational skills with the ability to meet tight deadlines and manage multiple priorities.
  • Exceptional written and verbal communication skills.


COMPENSATION AND BENEFITS

In addition to a competitive salary of $165,000 annually, our client offers a full benefits package including vacation, medical and dental insurance, retirement plan, life insurance and long-term disability coverage upon eligibility.


HOW TO APPLY:

For immediate consideration, please provide your resume and cover letter, sharing more about your experience and interest in this role via https://scionexecutivesearch.com/job/12596/.


ABOUT OUR SEARCH FIRM:

Scion Nonprofit Staffing is an award-winning national nonprofit recruitment and staffing specialist for nonprofit organizations, foundations, associations, and educational institutions! Since 2006, we have had the pleasure of successfully placing thousands of talented professionals supporting incredible missions and programs. Through our innovative team building and recruiting solutions, we bridge the gap in executive leadership searches, direct hire nonprofit recruiting, interim leadership placement, and temporary professional staffing.


We are proud to be part of the Forbes lists of the Best Recruitment Firms and the Best Executive Search Firms in America. Additionally, Scion has been recognized as a ClearlyRated Best of Staffing firm as well as a top recruitment firm by The Business Times. Additional information about our firm and our practices can be found online. Scion Nonprofit Staffing is an equal opportunity employer and service provider and does not discriminate based on race, religion, gender, gender identity, national origin, citizenship status, sexual orientation, disability, political affiliation or belief, or any other protected class. We are committed to the principles of Equal Opportunity Employment and are dedicated to making employment decisions based on merit and value, for ourselves, our client companies, and the candidates we represent.


For opportunities located in a region that has enacted fair chance, arrest, or conviction-based employment ordinances, Scion Nonprofit Staffing proactively follows the enacted guidance and considers for employment all qualified applications with arrest and conviction records. We engage in socially conscious business practices and believe that diverse, equitable, inclusive, and non-biased talent and recruitment processes are foundational to the success of Scion as well as every client organization with whom we partner.


Salary : $165,000

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