The Director of Finance provides oversight and management responsibilities for the Festival's financial accounting, budgetary administration, investments, risk management, and insurance functions. The Director is a member of the organization's senior management team; works closely with Board of Directors leadership; and oversees the Festival's approximately $8-10M operating budget and $20M investment portfolio.
Job Type: Direct Hire
Reports to: General Director
Location: Charleston, SC
Areas of Responsibility:
Supervises accounting staff (Controller, Accounting Manager, Season Interns) in maintenance of general ledger, AP/AR, payroll, cash receipts, pledges receivable and contributions, ticket sales, fixed asset, and purchase orders.
Develops and implements operational best-practices and maintains procedures, policies, and internal controls.
Reviews engagement and employment contracts, licensing, co-production agreements.
Serve as a Financial Adviser; collaborate with the General Director to serve as a sounding board, strategists, and risk mitigatory.
Work with senior management and their teams to analyze financial data, craft budgets, and equip the team to manage department and project budgets.
Develops and tracks budget scenarios for all program, operations, and facility areas.
Produces and reviews periodic financial statements and forecasts.
Responsible for timely filings of all state and federal tax returns, reports, and registrations.
Manages cash flow, loans, and lines of credit.
Prepares grant project budgets and financial final reports, reviews applications and monitors compliance.
Collaborates on ticket sales projections and strategy with the Director of Marketing.
Oversees budget and acquisition of fixed assets including technology and facility-related items.
Works annually with independent CPA firm and board audit committee to present audited financial statements.
Oversees foreign exchange accounts and foreign payments.
Prepares reporting packages for and participates in bi-annual and ad hoc Investment Committee meetings.
Compliance & Risk Management:
Provide eligibility and tax compliance oversight for foreign national participants. Responsible for compliance and on- boarding of 350+ seasonal employees including student foreign national employees.
Manages all liability, property, and casualty insurance policies and claims.
Responsible for federal, state, union labor law, immigration compliance, and employment policies.
Helps set technology direction for the organization – identify, procure, implement, and manage IT services/systems to meet the needs of the organization.
Supervises technology staff (Technology Manager) in maintenance of IT services/systems.
Education, Experience & Leadership Attributes:
Bachelor's degree in accounting, business, or related field.
5+ years of senior financial management experience.
Experience in the fields of performing arts and not-for-profit organizations considered an asset.
Experience in a high-volume seasonal personnel environment considered an asset.
Familiarity with Financial Edge FENXT Fund Accounting Software and Tessitura fundraising, ticketing, and customer relationship management software is preferred but not required for consideration.
Spoleto Festival USA offers a competitive salary and benefits package for qualified candidates. The target salary range for this position is $100-130k. The salary offered will be commensurate with the selected candidate’s experience and qualifications. Benefits include health, dental, vision, life insurance, short and long-term disability, vacation and sick leave, paid holidays, and a matching 401(k) plan. Relocation assistance is available for candidates relocating to the area.
About Spoleto Festival USA:
For 17 days and nights each spring, Spoleto Festival USA fills Charleston, South Carolina’s historic theaters, churches, and outdoor spaces with performances by renowned artists as well as emerging performers in: Opera, Theater, Dance, and Music.
Now approaching its 46th season, Spoleto Festival USA is internationally recognized as America’s premier performing arts festival. Spoleto Festival USA is a 501(c)(3) charitable organization.
The Festival’s mission is to present programs of the highest artistic caliber while maintaining a dedication to young artists, a commitment to all forms of the performing arts, a passion for contemporary innovation, and an enthusiasm for providing unusual performance opportunities for established artists. The Festival is proud to provide young performers the opportunity to work with master artists, conductors, directors, designers, and performers. Illustrious artists who performed early in their careers at Spoleto Festival USA include Renée Fleming, Emanuel Ax, Joshua Bell, Yo-Yo Ma, and Jean-Yves Thibaudet. Each season, the Festival employs more than 500 full-time, part-time, and seasonal staffers, including 80 musicians for the Spoleto Festival USA Orchestra and 60 apprentices in arts administration and production.
Spoleto Festival USA was founded in 1977 by Pulitzer Prize-winning composer Gian Carlo Menotti, who sought to create an American counterpart to the annual Festival of Two Worlds in Spoleto, Italy, that he founded in 1958. Looking for a city that would provide the charm of Spoleto as well as its wealth of theaters, churches and other performance spaces, Menotti selected Charleston as the ideal location. The inaugural season was held in 1977. Spoleto has also served as a catalyst for cultural change in Charleston, aiding in the city’s flourishing as a top destination. Together with the city and community leaders, Spoleto has spearheaded the renovations of numerous performance spaces: Festival Hall (formerly Memminger Auditorium), Dock Street Theatre, College of Charleston Sottile Theatre, and the Charleston Gaillard Center.
In a typical season, Spoleto mounts 150 performances in more than 10 venues. The Festival also produces its own operas, specializing in rarely performed masterpieces by well-known composers, American premieres, and traditional works presented in new ways. In its 45-year history, the Festival has produced and/or presented more than 20 opera, dance, and theater world premieres.
Spoleto Festival USA is an equal opportunity employer and committed to diversity in hiring. Equity is central to our culture, mission, and who we are as an arts organization. Spoleto Festival USA does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership, parental status, military status, or any other non-merit factor.
Interested candidates should submit a resume and email of interest to the team at Find Great People at email@example.com . Questions related to this position should be directed to Christin Mack at firstname.lastname@example.org.
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