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Director of Finance
SUBMITTED DATE: 11/30/2017

Florida Grand Opera: Is celebrating its 77th season of producing opera in South Florida. It is the oldest performing arts organization is the State and the seventh oldest opera company in the United States. The budget for the 2017-18 season is $10 million. The company employees a full time staff of 20+. More information about the company is available at www.fgo.org.

Position Summary: The Director of Finance (DOF) has overall responsibility for the financial management and record-keeping of the Florida Grand Opera (FGO) and its affiliated organizations. The DOF provides disciplined financial management of organizational resources, clear and transparent reporting (internally and externally), and identifies and addresses the short and long-term financial needs of the organization. The DOF is a leader in providing the financial, HR, and administrative infrastructure, supporting a high performance environment for the staff. The DOF is an individual of unquestioned integrity with the drive to support the artistic and community aspirations of the FGO.

Representative Duties and Responsibilities: 

Inform key institutional decisions through thorough, easily understood financial analyses.
  • Work cross-functionally to fully understand the financial implications of existing and proposed FGO programs and initiatives.
  • Actively communicate findings to support organizational growth.
  • Clearly present and communicate findings for use by non-financial managers and stakeholders Develop and monitor the annual operating budget.
Prepare the annual budget in a timely way to enable departments to develop and implement operating plans for the upcoming season.
  • Monitor, evaluate and communicate variances to budget on a monthly basis throughout the fiscal year.
  • Lead efforts to course correct, as required, to maintain the financial stability of the organization Develop forward-looking projections for the organization.
Develop and update a three-year outlook of the organization’s finances in the context of known trends and future expectations.
  • Assess the financial strength of the organization by disaggregating recurring and nonrecurring sources of revenue and expense.
  • Project and communicate cash flow needs on a rolling basis.
  • Identify financing solutions to address capital and cash flow needs, as required.
  • Identify key risk factors that might materially impact the organization
Manage the daily activity and reporting requirements and needs of the organization
  • Oversee the timely and thorough preparation of organizational reports (e.g., 990, audit).
  • Provide financial support for grant applications and follow-up reports and other financial information to support fundraising objectives, including proposals and event budgets.
  • Maintain currency on key accounting and financial issues.
  • Maintain daily processing activity, including cash receipts, accounts receivable, accounts payable, payroll and all financial related activities.
  • Maintain monthly processing activities, including month-end closing, reconciliation and reporting
Provide staff leadership to the Finance and Investment committees of the Board.
  • Inform and leverage committee members to address key organizational matters.
  • Facilitate the development of committee recommendations for full Board adoption.
  • Maintain records of committee meetings and actions
Actively monitor the performance of endowment assets for best results (when appropriate).
  • Inform the Investment Committee of endowment performance and suggested changes through investment management counsel.
  • Implement actions of the Investment Committee.
  • Regularly report the performance of the endowment portfolio to the Board of Directors
Oversee vendor relationships.
  • Recruit, hire and evaluate the performance of key financial vendors, including audit, banking and investment services in accordance with the policies of the Board.
  • Coordinate enterprise-wide insurance activities, including property, liability, fiduciary, health and other insurance benefits.
  • Conduct periodic vendor reviews, assessing vendor costs and benefits versus alternatives, and facilitating institution-wide volume purchases as appropriate
Oversee the administrative functions of the organization, including HR, IT and office support.
  • Oversee HR functions including efforts to improve organizational effectiveness and the administration of benefit programs
  • Oversee the delivery of other administrative functions (e.g., mail, supplies, etc.) to ensure the smooth functioning of the entire organization
  • Other duties as assigned
Requirements:
  • A minimum of 5 years of experience in finance or accounting
  • Experience working in opera or arts administration highly preferred
  • Not for profit experience required.
  • Experience effectively leading and managing a department
  • Proficiency in Excel, QuickBooks and other not for profit financial software products
  • Degree in Accounting or Finance
  • CPA certification a plus
Reports to: General Director & CEO

Direct reports: 
  • Accounting Staff
  • Operations Manager
  • Tessitura In House Staff/Trainer
Compensation: Commensurate with experience.

Special Note: This is a not for profit organization that often requires additional hours. If you are unable or unwilling to work outside of normal business hours, please do not apply.

Application Process: Interested candidates should email letter of interest, resume, salary requirements or range, and references to jobs@fgo.org no later than December 15, 2017. Reviews of resumes will begin immediately and references will not be contacted without notification.

Florida Grand Opera is an Equal Opportunity Employer. 

Questions?
Questions about Membership or this application? Please contact Vincent Covatto, organizational membership manager, at VCovatto@operaamerica.org or by calling 646.699.5237.
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