Finance Director

Richmond Ballet, the State Ballet of Virginia, seeks a Finance Director to join a dynamic and diverse team of arts professionals at one of the country’s most admired and accomplished regional ballet companies.

Under the direction of the Managing Director, the Finance Director will oversee all functions related to finance including monitoring the budget, preparing forecasts, managing cash flow, month-end reporting, including journal entries to close books, coordinating the annual budget process, and assisting department heads on an ongoing basis in understanding the budget process and departmental responsibilities. In coordination with the Artistic Director and Managing Director, this position ensures full transparency over financial performance and provides monthly reporting to the Finance Committee and Board leadership.

Supervisory Responsibilities:

• Reviews transactions posted to bank accounts to identify any unusual transactions or activity that requires recording in NetSuite
• Leads a staff of accounting professionals dedicated to managing the financial controls and accounting procedures of the organization
• Accomplishes department objectives by managing, planning and evaluating department activities
• Monitors and coaches staff results by communicating job expectations and performance reviews

Job Duties/Responsibilities:

• Reviews transactions posted to bank accounts to identify any unusual transactions or activity that requires recording in NetSuite
• Reviews posting of cash receipts and disbursements, as recorded by Accountants
• Records Campaign cash receipts and payments
• Reviews payroll JE prepared by Accountant
• Reviews and posts all month-end JEs prepared by Accountants during month-end close
• Reviews monthly bank reconciliations prepared by Accountant, including follow up on outstanding checks and deposits in transit
• Reviews account coding for all credit card purchases
• Records activity in operating reserve and endowment accounts per Davenport statements
• Records depreciation expense
• Prepares monthly reconciliations for activity of the School of Richmond Ballet (SRB)
• Prepares operating statement and presents operating statement to Finance Committee and Board
• Comparison of actual to budget (via discussion with department leaders) to prepare updated forecast for inclusion in the operating statement
• Reviews all balance sheet and income statement accounts for missing payments or miscoded transactions
• Reconciles contributed revenue accounts to Neon, with the assistance of Development Associate
• Monitors need for invoices and communicates this to Accountant for preparation and distribution
• Reconciles campaign activity to validate balance in Campaign cash account
• Prepares all audit schedules, including pledge confirmations, and preparation of annual financial statements
• Prepares all schedules requested by external auditor for preparation of 990s; review and tie-out of 990s prepared by external auditor
• Performs all year-end close activities including recording of receivables/payables, trades/in-kinds, and realized gains/losses on investment activity as well as overseeing performance of shoe, bar and merchandise inventory counts
• Calculates annual endowment draw and prepares draw
• Prepares annual budget, including 5-year capex budget
• Participates in meetings with insurance broker to evaluate insurance needs and renewals
• Files all compliance requirements such as VDACS registration, business license renewal, SCC annual reports, debt covenant calculations, tax exempt applications, etc.
• Reviews 1099s prepared by Accountant for accuracy and completeness before filing
• Reviews/approves checks and wires prepared by Accountant and ensures consistency between check amount and amount recorded in NetSuite
• Maintains manual fixed asset and depreciation schedule
• Performs other duties as required or assigned which are reasonably within the scope of the job classification

Required Knowledge, Skills and Abilities:

• An approachable and broad minded communication style with excellent verbal, written and interpersonal skills;
• A belief in and enthusiasm for Richmond Ballet’s mission;
• The ability to quickly pivot and adjust as variables or circumstances change;
• Strong leadership, time management, attention to detail and problem-solving skills;
• Ability to prioritize tasks and delegate responsibilities in a high-paced, at times stressful environment.

Education/ Experience:

• BA or BS in Accounting/Finance
• 10+ years accounting experience working in a leadership role

Employment Details:

Salary and Job Type: Full-Time, Exempt
Benefits: Health, Dental, Vision, Life & AD&D, Long-Term Disability, Accidental/Critical Illness insurance policies, Health Savings Account, 403(b) Retirement Account
Location: Richmond, Virginia, United States

Prospective candidates should send a cover letter, resume and salary requirements to jobs@richmondballet.com.

Richmond Ballet is an Equal Opportunity Employer and is committed to embracing and promoting Diversity, Equity and Inclusion (DEI) throughout the organization including talent recruiting and retention, training, artistic programming, community outreach and workplace culture. Richmond Ballet is a drugfree workplace.