Job Postings
CFO, Orange County Performing Arts Center
Contact --Margaret Genovese
Posted on January 15, 2003 at 14:22:10:
ORANGE COUNTY PERFORMING ARTS CENTER
Costa Mesa, California
CHIEF FINANCIAL OFFICER
The Orange County Performing Arts Center (OCPAC), with an annual operating budget of $37 million, currently owns and operates two venues: a 3,000 multi-purpose theater and a 200-300 seat flexible space. OCPAC is currently running a $200 million capital campaign to construct a new facility that will include a 2,000 seat concert hall and a 500 seat performance space. The position of Chief Financial Officer is responsible for managing all financial aspects of the center, including the supervision of finance, accounting, payroll, employee benefits, and information technology.
ORANGE COUNTY PERFORMING ARTS CENTER
The Orange County Performing Arts Center opened in 1986 and has recorded an operating surplus in each of its sixteen years of operation. Presenting approximately 400 performances a year, OCPAC is also the performance home for four local arts organizations including a symphony, an opera company, and a chorale. OCPAC is the largest presenter of dance performances on the West Coast, with annual appearances by leading national and international companies, including the Kirov, the Bolshoi, American Ballet Theatre, San Francisco Ballet, Paris Opera Ballet, and the Royal Ballet. OCPAC also presents touring Broadway companies, jazz, cabaret, family, and commercial engagements.
OCPAC employs approximately 100 full-time staff and 500 part-time staff, including IATSE stage crew, security, box office, and front of house. The center has an endowment that has grown from $1 million in 1986 to approximately $20 million today.
Ground breaking for the new facility is scheduled for June 2003, with completion by 2006.
POSITION OVERVIEW:
Reporting to the President/Chief Operating Officer, the Chief Financial Officer (CFO) plans, manages, and monitors all financial aspects of the center, including, but not limited to the annual budget, capital budgets, and special projects.
The Chief Financial Officer supervises the Finance department’s operations including general accounting, financial forecasting, operational cost accounting, tax compliance, budget planning, cash management, endowment investments, the annual audit, risk management, insurance, and the monitoring of cash, line of credit, and investment activity.
The Chief Financial Officer is the staff support for the Finance, Audit, and Investment Committees of the Board and is responsible for presenting all pertinent financial information to the Board at appropriate intervals. Reporting directly to the Vice President are the Director of Information Technology, the Controller, the Payroll and Benefits Manager, and an Executive Assistant. The accounting software is Compu-Share; the box office currently uses Ticketmaster and fund-raising Enterprise.
SPECIAL SKILLS:
The CFO would be expected to hold a bachelor’s or master’s degree in business management, accounting, or finance, with an emphasis on finance, accounting, planning, and not for profit administration, and ten years experience in the not-for-profit cultural sector with supervisory general management, accounting, systems conversion, and finance responsibilities. A knowledge of tax-exempt financing and construction issues would be helpful.
It is imperative that the new CFO have strong people and communication skills, an innovative spirit, the ability to deal with a diverse organizational mandate, and the flexibility and skill to deal with a variety of financial, accounting, and managerial challenges as they arise. Working closely with a team of senior department heads, the CFO needs to ensure that administrative and operational costs are being monitored and evaluated effectively, while providing leadership for longer-term financial planning and analysis by management.
A knowledge and passion for the performing arts are essential.
COMPENSATION:
This senior level package will be developed to meet the candidate’s experience and capabilities.
TO APPLY:
Please send letters of interest and resume no later than Friday, February 21, 2003 by mail or fax to Margaret Genovese, Genovese, Vanderhoof & Associates, 77 Carlton Street, Suite 1103, Toronto, Ontario M5B 2J7. Fax: 416/340-6276. For more information regarding OCPAC itself, please see its web site: www.ocpac.org.
