Job Title: Director of Finance
Reports to: President/CEO
Location: Winston-Salem, NC (Hybrid)
Employment Type: Part-Time
Organization Overview: Arts Council of Winston-Salem and Forsyth County is a nonprofit organization dedicated to enriching the cultural life of the region by supporting local arts initiatives, partnering with arts organizations, and fostering the creative sector. The Director of Finance will play a critical role in ensuring the financial stability and sustainability of the organization.
Position Summary: The Director of Finance will oversee all financial aspects of Arts Council, including managing an operational budget, disbursing grant awards, monitoring revenues and cash flow and ensuring sound procurement practices. This leadership role will also collaborate with the executive team to strategize and implement financial and programmatic solutions that support the mission of the organization.
Key Responsibilities:
Financial Management:
Oversee and manage Arts Council’s operational budget, ensuring efficient allocation of resources and adherence to financial policies.
Develop annual budgets, long-term financial projections, and financial strategies in collaboration with the President/CEO.
Manage the financial reporting process, including regular updates to the CEO, Board of Directors, and other stakeholders.
Lead financial planning and analysis, providing recommendations to optimize financial performance.
Monitor cash flow projections and make budgetary adjustments and recommendations as needed.
Maintain accurate records and oversee the audit process, ensuring compliance with legal and regulatory standards.
Administer and oversee the distribution of funding to Arts Council partners.
Operations Management:
Establish and oversee procurement policies, ensuring cost-effectiveness and alignment with organizational objectives.
Manage annual insurance renewal for liability and benefits coverage as well as manage annual open enrollment.
Work closely with Facility and Event Managers to ensure buildings are maintained and preventative measures are taken to ensure the physical integrity of facilities. Identify capital needs and work with development to find resources for funding.
Work with staff to negotiate contracts with vendors and service providers, insuring financial prudence and high service levels.
Fundraising & Resource Development:
Work closely with the development team to strategize fundraising goals and align them with financial planning.
Ensure that financial goals are incorporated into grant applications and donor communications.
Provide financial guidance and reporting for major fundraising initiatives and capital campaigns.
Leadership & Strategy:
Serve as a key advisor to the President/CEO on financial and human resources matters.
Collaborate with the leadership team to align financial strategies with organizational goals.
Evaluate and implement technology solutions to improve efficiency for financial reporting, development needs, and theatre operations.
Qualifications:
Bachelor’s degree in Accounting, Finance, Business Administration, or a related field (MBA/CPA preferred).
Minimum of 7-10 years of progressive financial management experience, with at least 3-5 years in a nonprofit organization.
Proven experience in managing organizational budgets, financial reporting, and strategic financial planning.
Strong knowledge of nonprofit financial regulations, GAAP, and audit requirements.
Excellent communication, leadership, and interpersonal skills.
Proficiency in financial management software and Microsoft Office Suite.
Benefits:
Salary range is $65,000 - $70,000 annually
Part-time, 25–29 hours/week with a flexible schedule, including one remote day per week
Competitive salary and benefits including 403B and generous leave package
Opportunities for professional development and advancement.
Work in a collaborative and dynamic environment dedicated to supporting the arts.
How to Apply: Interested candidates should submit their resume and a cover letter detailing their qualifications and interest in the position to showard@intothearts.org. Applications will be considered until the position is filled.
Arts Council of Winston-Salem and Forsyth County is committed to building a staff that reflects the community served by our mission and strategic priorities. We invite applications from diverse candidates and will not discriminate on the basis of race, color, sex, religion, national origin, sexual orientation, gender identity, age, genetic information and veteran or disability status.
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