Theatre Finance Manager Job Description
Overview:
The Theatre Finance Manager is a critical role responsible for overseeing all financial aspects of the theatre organization. This includes budgeting, financial reporting, accounting, payroll, grant management, and ensuring compliance with relevant regulations. The ideal candidate will possess strong financial acumen, excellent organizational skills, and a passion for the performing arts.
Responsibilities:
- Financial Planning and Budgeting:
- Develop and manage the annual operating budget, working closely with department heads to ensure alignment with artistic and strategic goals.
- Forecast revenue and expenses accurately, identifying potential financial risks and opportunities.
- Monitor budget performance throughout the year, providing regular updates and analysis to senior management.
- Financial Reporting and Analysis:
- Prepare monthly, quarterly, and annual financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
- Analyze financial data to identify trends, variances, and areas for improvement.
- Present financial reports to the board of directors, finance committee, and other stakeholders.
- Accounting and Bookkeeping:
- Oversee all accounting functions, including accounts payable, accounts receivable, general ledger, and bank reconciliations.
- Maintain accurate and up-to-date financial records.
- Implement and maintain internal controls to safeguard assets and ensure data integrity.
- Payroll and Benefits Administration:
- Manage payroll processing, ensuring accurate and timely payment of employees and contractors.
- Administer employee benefits programs, including health insurance, retirement plans, and other benefits.
- Comply with all applicable payroll tax regulations.
- Grant Management:
- Manage grant applications and reporting, ensuring compliance with grant requirements.
- Track grant revenue and expenditures, providing regular updates to grantors.
- Develop and maintain relationships with funding sources.
- Compliance and Auditing:
- Ensure compliance with all applicable federal, state, and local regulations.
- Manage the annual audit process, working closely with external auditors.
- Develop and maintain financial policies and procedures.
- Other Duties:
- Negotiate contracts with vendors and service providers.
- Manage cash flow and investments.
- Provide financial support to other departments as needed.
Qualifications:
- Bachelor’s degree in Accounting, Finance, or a related field. CPA preferred.
- Minimum of 5 years of experience in financial management, preferably in a non-profit or arts organization.
- Strong knowledge of GAAP.
- Proficiency in accounting software (e.g., QuickBooks, Sage Intacct).
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and as part of a team.
- Passion for the performing arts.
To Apply:
[Instructions on how to apply. Include email address and application deadline.]