Chief Financial Officer
Location: San Francisco, CA
Reports to: Chief Executive Officer
Member of the senior leadership team
Team: Three direct reports and associated staff
The Organization:
SFJAZZ is an international leader in jazz creation, presentation, and education. Located in San Francisco, SFJAZZ explores the full spectrum of jazz—from the music’s origins in the African American community, to its diverse present-day expressions around the world. As a 501c3 non-profit organization, SFJAZZ works to develop the audience for jazz in the San Francisco Bay Area and beyond. SFJAZZ celebrates jazz as a living art form, built on a constantly evolving tradition. The SFJAZZ Center launched in 2013 and the 37-year-old non-profit organization now crafts distinguished programming and education services from the heart of the San Francisco arts district. The 2019-20 season budget was almost $20 million (pre-COVID) with more than half coming from ticket sales.
Position Summary:
SFJAZZ seeks a Chief Financial Officer (CFO) to serve as the strategic leader of the finance function of the organization, working in a highly collaborative environment.
The CFO is responsible for the strategic and tactical management of the areas of accounting, budgeting and forecasting, balance sheet, audits, investments, cash management, payroll, support, corporate compliance, 401(k) plan management, and risk management.
Key Responsibilities:
Partnering with the CEO, other members of the senior leadership team, the finance department and staff, the CFO will focus on the following priorities:
Board and Committee Relationships:
- The CFO is responsible for staff support for the following Board Trustee Committees:
- Audit Committee, Investment Committee, Finance Committee, and Compensation Committee.
Investments and Endowment Management:
- The CFO manages cash flow and liquidity pursuant to Finance and Investment Committee policies.
- The CFO establishes and ensures compliance with all investment and endowment policies as approved by the Committees and/or Board of Governors and recommends and implements appropriate endowment draw policies and spending plans.
Corporate Governance:
- The CFO ensures compliance with all corporate governance requirements, including updates to corporate bylaws.
- Working with the CEO, and appropriate Board committees, the CFO establishes and monitors policies and procedures to ensure the highest level of compliance and transparency for SFJAZZ.
- The CFO, along with the Director of Human Resources, serves as administrator for the organization’s “whistleblower” (anonymous reporting) process.
Accounting:
- With the Controller, the CFO is responsible for general ledger accounting, endowment accounting, investment and 401K accounting, revenue accounting, accounts payables and payroll.
- They ensure appropriate internal controls are in place under GAAP standards; GAAS and ensures the effectiveness of accounting systems within SFJAZZ.
- The CFO periodically evaluates SFJAZZ’s accounting software to ensure it meets the needs of the organization.
Budgeting, Forecasting and Financial Analysis:
- The CFO is responsible for developing the annual operating and capital budgets and securing approval from the Finance Committee and the Board of Trustees.
- The CFO manages the ongoing annual budgeting and long-range forecasting process to ensure accuracy of financial information and manages the relationship with the Chair of the Finance Committee.
- Through the finance staff, the CFO prepares financial analyses for a variety of constituencies, including grant applications, surveys, and other external reporting.
Audits and Reporting:
- The CFO works closely with outside auditors and the Audit Committee of the Board of Trustees. They also manage the relationship with the external Audit Partner-in-Charge and the Chair of the Audit Committee to ensure all required filings and reporting are completed in an accurate and timely fashion, including 990, 990-T, 199, etc.
- Financial reporting for internal constituencies (including musicians), donors, and the general public is also a responsibility of the CFO.
401K Plan:
- The CFO works with third party retirement advisors and administrators to ensure full plan compliance with all applicable laws and regulations and annual filing requirements for the 401K plan.
Insurance and Risk Management:
- The CFO ensures the Organization is covered by appropriate property and casualty insurance, including coverage types and limits.
- Working with all areas of the organization and the City and County of San Francisco, the CFO creates, implements and monitors appropriate risk management policies and procedures.
Experience Required:
- A minimum of 7 years experience in senior finance and accounting roles, ideally including experience in a non-profit organization; clear career progression, with achievement of strong business results in each position.
- Staff management experience with responsibility for building and managing the Finance and Accounting departments.
- A track record of building diverse, high-performing teams that excel at both the tactical and strategic levels.
- Significant experience building new systems and implementing policies and procedures.
- Tech-savvy with understanding of finance systems that support and meet complex organizational and finance needs.
- Prior experience working directly with high-performing non-profit Boards and managing Board committees, strongly preferred.
Skills & Characteristics:
- A highly-developed interpersonal style that is effective in a complex, highly collaborative organization.
- Proven ability to work successfully and collaboratively in a diverse environment and community is essential.
- Self-aware with high EQ; positive, resilient, and proactive.
- Executive presence, strong verbal, presentation and writing skills.
- Ability to work independently within a fast-paced, multi-disciplinary team.
- Appreciation for and love of jazz music is a plus.
Education:
- Four-year college degree, or equivalent experience.
- Strong candidates will be a CPA and/or hold a Master’s Degree in Business Administration.
Please send cover letter and resume to jobs@sfjazz.org
San Francisco Jazz Organization is an Equal Opportunity Employer.