Director of Finance COCA (Center of Creative Arts)

Description

The Director of Finance (Director), reporting to the Sr. Director of Development & Finance, is responsible for directing strategies, systems, and procedures dedicated to the continued financial stability, growth, and maximum impact and success of COCA. This position is a key member of COCA’s leadership team, working in collaboration with the Senior Director team to create long-term, strategic planning objectives for artistic programs, campaigns and operations. The Director will also work with an engaged Board of Directors and committee volunteers. As an organization-wide resource, the Director of Finance will oversee a team responsible for the entire range of accounting and finance, forecasting, reporting, investment management, and other financial activities.

Company Bio: COCA (Center of Creative Arts)

COCA (Center of Creative Arts) is a leading, multidisciplinary community arts organization committed to enriching lives and building community through the arts. As an innovative model for arts education and nationally accredited for artistic and educational excellence, COCA serves as a regional hub for learning in and through the arts for all ages from all backgrounds and skill levels. The organization was founded with the intention of being a place of artistic learning that would transcend the boundaries of geography, race, and class. COCA celebrates diversity in perspectives, backgrounds, artistic disciplines, and experiences, and believes everyone should have access to experience the arts. It has grown to become one of the most diverse cultural institutions in St. Louis, a position bolstered by a commitment to access and equity.

COCA employs a mixed-income business model to deliver its mission-aligned programs and services. The annual operating budget for the current fiscal year (ending August 31) is $7.6 million; additionally, COCA’s endowment is presently valued at $6 million. COCA owns and manages a 92,000-square-foot building in University City, which includes the historic B’nai Amoona Synagogue, which was built in 1950 and served the community as a religious site until the 1980s; the original building is listed on the National Register of Historic Spaces. In 2020, construction completed on a 52,000-square foot expansion, including the state-of-the-art Catherine B. Berges Theatre, additional studios, scenic and costume shops, and a community commons space. The expansion was funded through a $49 million Create Our Future capital campaign and financed in part through New Market Tax Credit partnerships. COCA has a professional full-time staff of 36, and more than 250 part-time employees, including artistic faculty and theatre production teams.

Responsibilities

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

Financial and Operational Management:

  • Oversee budgeting and the implementation of budgets to monitor progress and present operational metrics both internally and externally; this includes, but is not limited to the tracking of receipts and releases of restricted funding.
  • Ensure that Accounting staff stewards and maintains the integrity of financial record systems in accordance with Generally Accepted Accounting Principles and monitor the use and control of all funds.
  • Oversee the creation and approval of all financial reporting materials for the Board of Directors, the Finance and Investment Committees, and appropriate external stakeholders.
  • Drive the creation of timely and accurate forecasts, reports, and analyses to keep staff and Board members apprised and engaged in ensuring COCA’s optimal financial operating position and long-term sustainability.
  • Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting; maintain all banking relationships (debt, treasury, etc.).
  • Manage cash flow and forecasting, including but not limited to directing all financial, project-based, and departmental accounting.
  • Maintain all banking relationships (debt, treasury, etc.).
  • Coordinate all audit activities including managing relationship with external auditing firm, drafting and presenting financial statements and notes, and implementing recommendations.

Team Management & Organizational Leadership:

  • Directly manage the accounting personnel (presently 2.5 FTE employees), including the hiring, supervising and mentoring of department employees.
  • Serve as an engaged member of the Directors’ Forum to address near- and long-term organizational goals and objectives.
  • Manage and serve as primary contact for COCA’s Finance Committee and Investment Committees.
  • Actively collaborate with leadership across COCA to build capacity for financial literacy, planning and analysis.
  • Be actively engaged with the onboarding of new staff employees; facilitate budgetary and analysis trainings to ensure organizational competency.
  • Participate in and/or guide larger multidisciplinary teams outside direct span of control, as requested.

Qualifications / Requirements

Education and/ or Qualifications:

  • MBA or CPA is required.
  • Seven to ten years of experience in relevant accounting and/or finance roles required.
  • Three to five years of experience in non-profit accounting required.
  • Three to five years of experience managing teams required.
  • Strong analytical skills and experience interpreting a strategic vision into an operational model.
  • Demonstrated record of success in budgeting, forecasting, and setting revenue and expense targets for multiple programs in multiple venues.
  • Commitment to COCA’s mission and strong interest in arts education and community engagement.
  • Commitment to diversity, equity, and inclusion.
  • Eagerness to attend occasional evening and weekend performances and actively engage with COCA’s community, including students, parents, donors, audience members, and artists as a member of the COCA’s leadership team.

Competencies:

  • Ethics - Treats people with respect; Keeps commitments; Inspires the trust of others; Works with integrity and ethically; Upholds organizational values.
  • Cost Consciousness - Works within approved budget; Develops and implements cost saving measures; Contributes to profits and revenue; Conserves organizational resources.
  • Judgement - Displays willingness to make decisions; Exhibits sound and accurate judgment; Supports and explains reasoning for decisions; Includes appropriate people in decision-making process; Makes timely decisions.
  • Leadership - Exhibits confidence in self and others; Inspires and motivates others to perform well; effectively influences actions and opinions of others; Accepts feedback from others; Gives appropriate recognition to others.
  • Quality Management - Looks for ways to improve and promote quality; Demonstrates accuracy and thoroughness.

Physical Demands & Work Environment:

  • While performing the duties of this position, the employee is frequently required to walk, stand, bend, kneel, stoop, communicate, reach and manipulate objects.
  • The position requires mobility. Duties involve moving materials weighing up to 10 pounds on a regular basis such as files, books, office equipment, etc., and may infrequently require moving materials weighing up to 20 pounds.
  • Manual dexterity and coordination are required while operating equipment such as computer keyboard, calculator, and standard office equipment.
  • This position may be required to participate in events, board meetings, or committee meetings that may be outside typical business hours.
  • This position is expected to work onsite at least three (3) days per week.

COVID-19 Considerations: 

COCA is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions at COCA are based on business needs, job requirements, and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. COCA is committed to achieving a diverse workforce through application of its affirmative action, equal opportunity, and nondiscrimination policy in all aspects of employment. COCA complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact hr@cocastl.org.

Salary Range: $95,000 to 105,000

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