Director of Finance

Description

The Virginia Symphony Orchestra seeks an experienced, results-oriented Director of Finance with a passion for the community and the arts. The Director reports to and serves as a trusted advisor to the President & CEO, is a member of the SeniorTeam, and helps to provide sound financial guidance and reporting to the Board and Senior Management. The Director is responsible for creating and streamlining processes and systems to provide accurate, reliable and timely financial reports used for strategic and operational decision-making.

The Director is accountable for all financial planning, accounting, the annual audit, cash flow projections and budgetary functions. This position is part of the management team in musician union negotiations and works with outside vendors and service providers such as legal counsel, auditors, and insurance agents.

The Director is the Human Resources Leader and oversees the Human Resources functions including payroll, benefits administration and renewals, ACA compliance and investigates and helps to resolve personnel issues. The Director also oversees Information Technology (IT) systems and security within the organization.

This position provides quarterly financial reporting to affiliate – the Virginia Symphony Foundation.

Job Duties

Financial Responsibilities

 ◆Develop, implement and monitor financial and administrative
policies, procedures, and internal controls for accounting,
auditing, budgeting, and purchasing.
 ◆Works with senior management to develop and implement
strategic plans.
 ◆Monthly preparation of financial statements and variance
analysis.
 ◆In coordination with senior management, prepares operating
budgets and forecasts and monitor revenues and expenses
against budget.
 ◆Prepares governmental grant budgets and financial reporting
in coordination with the Development department.
 ◆Forecasts and manages cash flow.
 ◆Preparation of schedules for the annual audit and Form 990
questionnaires. Review of draft audited financial statements
and tax returns.
 ◆Oversight and implementation of strong internal controls.
 ◆Primary staff liaison for the VSO Finance (and Audit)
Committee.
 ◆Prepares annual reports/surveys and regulatory reporting
including: League of American Orchestra salary and
statistical surveys, US Census survey, Charitable Solicitation
report, workers’ compensation audit, BMI & ASCAP reports,
admission tax filings, and SCC filing.
 ◆Oversees annual corporate insurance and instrument
insurance policy renewals.
 ◆Prepares quarterly financial statements, calculates annual
distribution and monitors/distributes Vision Forward
campaign funds to affiliate – the Virginia Symphony
Foundation.

Human Resources Responsibilities

 ◆Designs and oversees all aspects of the Human Resource
function including payroll, employment policies and
handbook, annual benefit renewal census/policy selection,
compliance with Collective Bargaining Agreement
compensation/benefit terms, and onboarding/offboarding of
staff and musicians.
 ◆Key member of management negotiation team evaluating
financial impacts of union proposals on organization’s
finances. Assists with union negotiation strategies.
 ◆Primary contact to help resolve personnel issues.
 ◆Analyzes and prepares annual ACA testing and reporting.
 ◆Oversight of Flex Spending Section 125 plan and related
reporting.

IT Responsibilities

 ◆Oversight of Managed IT Service firm and network, email and
IT systems.
 ◆On-site administrator for software purchasing and
installation.
 ◆Maintains IT inventory list.
 ◆Provides managed service firm employee
onboard/offboarding IT instructions.

Skills Required

Professional Requirements

 ◆B.S. in Accounting or Finance
 ◆CPA preferred
 ◆3+ years in accounting in a leadership role
 ◆Experience in not-for-profit accounting required
 ◆Strong analytical and organizational skills
 ◆Skilled in the use of Microsoft products, proficiency in Excel
 ◆Experience in Financial Edge software or other major
accounting products
 ◆Experience in Human Resource benefit management

Work Schedule

Monday-Friday from 9:00-5:00 (in-person)

Additional Info

The Director of Finance oversees the Accountant Manager

The Virginia Symphony offers a generous benefits package and a flexible work environment