For over fifty years, MTC has been the creative and artistic home for America’s most gifted theatrical artists, producing works of the highest quality by American and international playwrights. We are strongly committed to producing work that is made by, and tells the stories of, a wide range of voices from all walks of life and to making that work accessible to all audiences including those that have historically lacked access to the arts and cultural sector. MTC produces up to eight plays annually in Broadway’s restored Samuel J. Friedman Theatre on West 47th Street and Off-Broadway at the historic NY City Center complex on West 55th Street.
The Director of Finance manages the financial operations of MTC’s $29 million budget. This individual oversees MTC’s operating and investment funds, develops cash management strategies, and provides accurate and timely financial reporting to all departments within the organization so that each can effectively and strategically manage their respective programs. The Director also prepares all financial reports needed for executive staff and Board of Directors and collaborates closely with The General Manager and HR. This position will report to the Executive Director and manages a team of three in the Business Department, as well as oversight of two in the Technology Department.
KEY RESPONSIBILITIES:
- Financial Operations. Manages the accounting function, including general ledger, accounts payable, accounts receivable, and cash flow. Negotiates and manages working relationships with financial & banking entities and manages MTC’s credit lines.
- Financial Reporting. Maintains timely and accurate financial statements, forecasts and budget reports that are in accordance with nonprofit generally accepted accounting principles (GAAP). Ensures all annual, quarterly, and periodic filings to national, state, and local entities are completed. Oversees revenue recognition and tracking. Prepares all supporting information for the annual audit, responsible for managing audit and tax returns processes and filings. Assists the Executive Director and the Chair of the Finance Committee with financial analysis and reporting as required.
- Board Committees. Functions as a staff representative to the Board Finance, Audit, and Investment Committees. Provides the Finance Committee and the Board with quarterly reports on the financial performance of the organization; works closely with Executive Director in preparing financial materials for Board review. Responsible for the presentation of financial statements to the Board and its committees and responding to related inquires & requests for additional information/analysis.
- Compliance. Ensures that recordkeeping and record retention in the organization complies with applicable laws, regulations, and contractual obligations. Ensures full compliance with grant requirements, funder covenants, and governmental regulations.
- Process Management. Ensures compliance with internal financial and accounting policies and procedures. Identifies and undertakes opportunities inside the Finance department for process improvement, cost reduction, and systems enhancement that lead to improvements in productivity, quality, and customer service for internal and external customers.
- Risk Management. Maintains the corporate insurance portfolio including D&O, E&O, and property.
EXPERIENCE AND COMPETENCIES:
- Master’s Degree in Finance or Accounting and 7- 10 years’ experience working in a similar large institutional theatre or performing arts organization OR an equivalent combination of education and experience are required.
- The ability to work well with artistic and other non-financial types and facilitate the communication necessary to complete complicated projects.
- Demonstrated knowledge of GAAP, particularly of different types of revenue recognition.
- Excellent skill in financial planning and analysis.
- Demonstrated strength in presenting information effectively and responding to needs and questions from different internal and external audiences.
- Ability to formulate, initiate and administer policies and procedures for effective fiscal control.
- Experience with Microsoft Great Plains accounting software and Tessitura a plus.
- Track record of success in developing a collaborative working environment and implementing integrated systems within finance and accounting that promote accountability and streamlined processes.
- Ability to complete responsibilities accurately and in a timely manner, often with strict and/or conflicting deadlines.
- Excellent written and verbal communication skills.
To Apply:
Send resume and cover letter (MS Word, PDF or plain text format only) with “Dir Finance” and your last name in the subject line to Director, Human Resources at: jobs@mtc-nyc.org. Due to the large number of applicants we have for all positions at MTC, we cannot accept calls to inquire about the position. Qualified candidates will be contacted directly. This position pays $165,000 annually.
Manhattan Theatre Club believes that equity, diversity and inclusion should be essential elements of all activity within the organization. We are proud to be a preeminent theatre in one of the most diverse cities in America and strive to represent that both on and off-stage. MTC is an Equal Employment Opportunity Employer. Applicants with diverse backgrounds, experiences, ability and perspectives are encouraged to apply.
