Chief Financial Officer | The Atlanta Opera

OPPORTUNITYThe 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.POSITION, RESPONSIBILITIES, AND QUALIFICATIONSThe 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 are:Strategy and PlanningPartner with the Managing Director (MD) & Chief Administrative Officer (CAO) on all operational and strategic issues as they arise.Provide strategic recommendations to the MD, CAO, and General & Artistic Director (GAD) based on financial analysis and projections, cost identification, and allocation, and revenue/expense analysis.Participate in the ongoing strategic planning process as an integral 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 around the issues, trends, and changes in the Atlanta Opera’s financial position.Develop and maintain documentation for procedures and policies for the finance department.AccountingEnsure accurate recording of all financial transactions in accordance with GAAP, taking charge of general oversight and approval of all general ledger activity including but not limited to activity in cash, investments, prepaid expenses, fixed assets, accounts payable, accruals, deferred revenue, restricted net assets, contributions, and sales activity.Review and approve all monthly and quarterly account reconciliations, as prepared by the Controller.Review and approve weekly payables and bi-weekly payroll, as prepared by the Controller or Staff Accountant.Review and approve all general journal entries, as prepared by the Controller or Staff Accountant.Review and approve all employee/contractor information returns and quarterly wage filings, as prepared by the Controller or Staff Accountant.Sign checks and authorize direct payments to vendors and employees.In conjunction with the external audit firm, prepare, review, and file annual federal and state income tax returns, serving as the primary contact with the IRS.Manage the yearly audit as the direct liaison with the external auditors, including preparing necessary audit schedules.Serve as primary contact for the Audit Committee on all financial compliance and reporting.Financial Management and Oversight of TeamServe as primary contact for the Finance and Executive Committee on all finance issues, the Investment Committee for the review of the Endowment, and other Board committees as needed.Develop and prepare a monthly financial statement package that includes detailed analytics of operational results along with detailed budget variance analysis, for distribution to senior management and the executive committee.Coordinate the planning, compilation, and presentation of the annual budget; maintain all records of progress in relation to the budget.Review monthly variance reports with senior management and ensure budget goals are met.Manage all debt relationships with regards to new borrowing and paydown schedules, primary contact with lenders, assess debt requirements.Forecast monthly, quarterly, and annual cash flows, manage funds available to accommodate seasonality and other influences on cash flow.Oversee, mentor, and supervise the Atlanta Opera’s finance team (currently a Controller, two Staff Accountants, and a Bookkeeper).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 CFO should show a great deal of skill in hiring, mentoring, and maintaining a professional and committed staff. Verbal and written interpersonal communication skills are a priority for this leadership role, combined with a great sense of high personal integrity. Experience with and knowledge of performing arts and media are strongly preferred.COMPENSATION AND START DATEThe annual salary range for the Chief Financial Officer begins at $140,000 and includes a benefits package commensurate with other organizations of its size. The Atlanta Opera hopes to make its decision by the summer of 2024 with the chosen candidate taking on the position shortly thereafter.The Atlanta Opera is an Equal Opportunity Employer and does not discriminate on the basis of age, color, national origin, ethnic origin, citizenship status, disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, marital status, veteran status, or any other characteristic protected by federal, state, or local law in its employment policies. In addition, the Atlanta Opera will provide reasonable accommodations for qualified individuals with disabilities.

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