The Chief Financial Officer position is a hands-on, career-building role responsible for overall financial operations of the Foundation including accounting, budgeting and banking relations, tax and regulatory filings, employee benefits, year-end audit and financial information and management systems.
The Chief Financial Officer reports directly to the President and CEO.
Essential Duties and Responsibilities
Serve as the primary financial advisor to the organization on strategic financial issues such as cash flows, investing, property and equipment, and internal
Monitor internal review procedures controlling up to $14 million in annual revenues for tickets, retail, food and beverage, contributed income, and
Perform detailed reviews of monthly account reconciliations and either review or prepare financial statements prior to submission of the financial statements to the Finance Committee by agreed upon
Analyze and prepare financial dashboards and/or executive summaries highlighting key financial results noted in the financial
Conduct regular team meetings and proactively manage, train, and mentor finance staff members, which consists of a Controller and an eventual, part-time HR/Finance
Oversee and review internal controls, policies and procedures for proper implementation of all programs and financial
Continually improve business processes to ensure the organization follows recommended industry best
Prepare for and coordinate organization’s annual financial statement audit or other audits as may be requested or needed from time to time assuring compliance with GAAP. Implement or otherwise respond to the recommendations in the auditor’s management letter.
Serve as the staff liaison for the Finance Committee, Investment Committee, and Audit Committee.
Prepare and present the annual budget, monthly forecasts and other ad hoc reports for senior management and the Finance/Investment Committees, quarterly for Executive Committee and Board of Directors, and as requested for Audit
Supervise accounts payable and receivable
Prepare short and long-term cash flow analysis determining operating and investment balances. Coordinate investment activities with the Investment
Oversee preparation of all corporate tax filings, including federal Forms 990, 990-T, and Maryland income and property
Serve as liaison with the Foundation’s bank and ensure compliance with any applicable loan covenants.
Administer the financial applications of the Foundation’s information technology systems including Blackbaud general ledger. Prepare reports using on-line banking and Tessitura ticketing
Supervise payroll and benefits compliance for all employees including employees covered by collective bargaining
Maintain liaison for Strathmore payroll with Montgomery County Government for all health and pension benefits billing and
Satisfactory completion of this job will be evidenced by excellent attention to detail, anticipation of financial needs, exercising sound professional judgment, meeting financial goals, building and maintaining good working relationships with staff, partners and other colleagues, keeping excellent records, and working well as member of the Executive Leadership team. It will also be determined by operating within the Strathmore approved budget.
Proven ability to work well with and “teach” department managers appropriate financial skills, e.g., understanding nonprofit financial statements, budgeting, proper account coding, and navigating regulatory and compliance issues as may
Comprehensive knowledge of nonprofit accounting standards and issues as well as a good understanding of nonprofit tax
Strong experience (at least 8 years) in directing and analyzing the financial operations of a progressive not-for-profit organization (preferably a performing arts institution), or a public accounting background with a focus on not-for-profit clients. CPA is preferred, however, the Foundation will consider an individual with an MBA and equivalent hands-on
Strong communication and interpersonal skills are required to interact with trustees, senior management and all staff. Must have demonstrated ability to provide direction to staff through establishing clearly defined responsibilities and
Experience in the preparation of not-for-profit tax filings and understanding of the current tax issues affecting not-for-profit organizations and handling of tax-deductible
In-depth knowledge of information technology systems relating to accounting financial management and ticketing services. Blackbaud’s Financial Edge, Financial Edge NXT, Paychex, Power Plan, and Tessitura preferred but not
Compensation and Benefits
Compensation will be commensurate with experience, with a benefits package that includes a generous health insurance plan, retirement plan, parking, paid time off, and other employee benefits.
Strathmore is committed to providing equal employment opportunities to all employees and applicants for employment. Accordingly, Strathmore provides employment opportunities without regard to race, color, religion, creed, ethnicity, sex, pregnancy, national origin or ancestry, age, physical or mental disability, citizenship status, marital status, sexual orientation, gender identity, family responsibilities, genetic status or information, military or veteran status or in any status protected by federal, state, or local law.
This policy applies to all terms and conditions of employment, including, but not limited to, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Strathmore will not tolerate unlawful discrimination, harassment, or retaliation under any circumstances.
Application Information (applications will be accepted until February 15)
Please submit the following items:
A résumé showing demonstrable accomplishments
If submitting your application electronically (PDF), the email SUBJECT line must contain the words “Chief Financial Officer.” Only qualified applicants will be contacted. Please direct all submissions to: Human Resources, email@example.com
Although emailed applications are strongly preferred, applications may also be mailed to: Human Resources
Chief Financial Officer 5301 Tuckerman Lane North Bethesda, MD 20852
Additional Salary Information: Benefits package that includes a generous health insurance plan, retirement plan, parking, paid time off, and other employee benefits.
Strathmore Hall Foundation, Inc., is a nonprofit multi-disciplinary arts center and presenting organization based one-half mile outside the Capital Beltway in North Bethesda, Maryland. Best known for performances and events at the 1,976-seat Music Center at Strathmore, the organization has been presenting accessible, affordable visual and performing arts in the smaller historic Mansion at Strathmore and all over its 16-acre site since 1981. Strathmore operates the facilities on its campus in partnership with Montgomery County, MD government, which owns the buildings and property.
Additionally, AMP by Strathmore, located at Pike and Rose, is a live music venue that operates throughout the year. Strathmore is a welcoming and creative place, where every member of our community can gather and experience the arts from every angle. Strathmore houses and maintains unique partnerships with the Baltimore Symphony Orchestra at Strathmore, the National Philharmonic, Washington Performing Arts, Levine Music, and CityDance among other groups.