Job Description: The Educational Theatre Association has a unique opportunity for an experienced Finance Director. Responsibilities include financial reporting and analysis, investment review, cash management, and budgeting and audit processes. This position requires a hands-on strategic thinker to partner with leadership to grow our financially successful association.
Develops and maintains financial accounting systems and controls for all activity including accounts payable, accounts receivable, general ledger, month-end and year-end closing, audits, budgets, cash flow and forecasting, management reporting, etc.
Formulates and recommends policies on banking, receipt and disbursement of funds, extension of credit, fiscal and accounting matters, cash management, and use of investment funds.
Directs the budgeting process and implementation of budget plans; prepares budget worksheets, identifies and projects future costs, and prepares final budget; monitors progress.
Oversees and reviews financial aspects of payroll functions including cash requirements and tax withholding.
Oversees financial reporting and IRS compliance for Chapters and the Foundation.
Conducts fiscal year closing and is responsible for required audits of financial operations and proper filing of tax returns.
Ensures implementation of GAAP and compliance with federal, state and local legal requirements.
2. Financial Analysis and Support to Business Management
Provides status of financial condition of the organization by interpreting and reporting key financial statement data, and providing forward-looking insight to leadership team.
Partners with functional leaders on financial strategy and decision-making including pricing strategy, cost savings, and revenue growth.
Responsible for development, implementation and reporting of best financial practices within board policies.
Prepares timely reports for leadership team including performance vs. budget, variance analyses, forecasting and financial metrics to guide operations and ensure alignment with strategic plan.
Prepares estimates of expenditures and analysis of current and past operations, variance, trends, and costs.
Prepares and presents reports and statistics for management and board reflecting earnings, surplus, cash balances, cash flow, income and expense and other financial results.
Ensures investments are handled in accordance with association plans and policies in collaboration with the Finance Committee.
Partners with Executive Director and Chief Operating Officer in preparation of monitoring reports for Governing Board to ensure compliance with Board policies.
3. Educational Theatre Foundation
Develops financial structure and processes to support the vision of the Foundation.
Leads stewardship of restricted funds and community funds to ensure donor restrictions are followed.
Proactively collaborates with Program Directors and VP of Development to communicate status of restricted funds and guide funding of new donations.
Partners with VP Development, ETF President, and Program Directors to develop annual budget report status, forecast, and recommend changes.
Partners with Development to benchmark best-in-class foundations to develop future financial projections and recommend best practices.
4. Staff Management
Hires, trains, mentors and develops the accounting team of 2 direct reports; effectively manages work allocation, communication, problem resolution, and performance evaluation to build an effective team dynamic.
Skills and Qualifications:
7-10 years of relevant professional experience including financial accounting controls, processes and procedures, and managing a small staff, preferably in a non-profit setting.
Extensive knowledge of generally accepted accounting principles and practices as relates to non-profit organizations.
Thorough knowledge of budget preparation, cash flow projections and financial analysis.
Strong analytical skills and experience interpreting a strategic vision into financial operations model.
Ability to effectively communicate key financial data to senior management, Board or other outside partners.
Ability to work as a business partner with executive team to build a financially successful association.
Ability to plan and determine strategies to move the organization forward, set goals, create and implement action plans, and evaluate the process and results.
Advanced attention to detail and accuracy in all work, along with the ability to anticipate and see big picture perspective.
Ability to prioritize a wide-ranging work load for self and department, and work independently.
Ability to maintain the highest levels of confidentiality regarding business and staff information.
Strong working knowledge of Microsoft Office Suite applications (Word, Excel, PowerPoint, Outlook), accounting software packages and various association software solutions that interact with financial data.
Ability to foster teamwork by working cooperatively and effectively with others to set goals, resolve problems and make decisions that enhance organizational effectiveness.
Ability to manage staff to meet accuracy, quality and deadline requirements.
Internal Number: 2019-1
About Educational Theatre Association
The Educational Theatre Association is an international association with more than 135,000 active members. EdTA’s mission is shaping lives through theatre education: honoring student achievement in theatre; supporting teachers by providing professional development, resources, and recognition; and influencing public opinion that theatre education is essential and builds life skills.