Chief Financial Officer - Richmond Symphony

The Richmond Symphony, a cornerstone of Central Virginia’s vibrant arts community, is seeking a dynamic and strategic Chief Financial Officer (CFO) to join its accomplished leadership team. This is a unique opportunity to shape the financial future of a nationally recognized orchestra that is committed to innovation, artistic excellence, and community engagement. As CFO, you will play a pivotal role in ensuring the Symphony’s fiscal sustainability, operational excellence, and positive organizational culture, enabling the Symphony to enrich the lives of audiences and participants of all ages. The CFO will work closely with the President & CEO, Board of Directors, the Foundation Trustees, and the Symphony’s Leadership Team to provide financial leadership, manage human resources functions, and represent the Symphony within the broader community.

The Organization
Founded in 1957, the Richmond Symphony is an innovator known for forward-thinking in musical presentation and in demonstrating the future potential of orchestral performance. Now the largest performing arts organization in central Virginia, the Richmond Symphony consists of an orchestra of 69 professional musicians, 30 administrative staff, a 150-voice chorus, and more than 180 students in its Youth Orchestra programs. The Richmond Symphony, under the superb direction of Music Director Valentina Peleggi, has experienced a period of growth in artistry and recognized excellence since her arrival in the 2020/21 season. Prioritizing the high caliber of programming has led to truly remarkable experiences for audiences in Richmond, broader educational reach throughout the community, and a variety of programming that connects to Richmonders and attracts tourists to visit the region. As the Symphony continues to expand its impact, the CFO will be instrumental in supporting its mission and strategic growth.

Responsibilities
Strategic Financial Leadership and Management
• Develop and implement financial strategies to ensure long-term sustainability and growth.
• Oversee all financial operations for both the Richmond Symphony and Richmond Symphony Foundation, including budgeting, forecasting, accounting, payroll, and financial reporting.
• Ensure the accuracy and completeness of financial records and systems.
• Manage relationships with external partners such as banks, auditors, vendors, and financial advisors.
• Identify opportunities for revenue growth and cost optimization.
• Lead the annual budgeting process and develop financial forecasting models to support decision-making.
• Monitor performance against budget and forecast, providing regular analysis and updates to leadership and governing boards.

Compliance and Risk Management
• Ensure compliance with all applicable laws, regulations, and reporting requirements, including tax filings and benefit plan disclosures.
• Implement risk management strategies to protect financial stability and employee well-being.
• Oversee labor law and employee benefits compliance, including ERISA and state-specific requirements.

Human Resources Oversight
• Develop and implement HR policies and procedures aligned with the Symphony’s mission and values.
• Oversee talent acquisition, onboarding, retention, and employee development.
• Manage employee relations, performance evaluations, and compensation programs.
• Administer competitive and cost-effective benefits programs.
• Promote diversity, equity, inclusion, and belonging throughout the organization.

Organizational Leadership and Culture
• Foster a workplace culture that embodies the Symphony’s core values: Passion, Quality, Innovation, Welcoming, and Inclusion.
• Collaborate on strategic initiatives and provide organizational leadership through participation in board and committee meetings.
• Maintain a visible presence at concerts, events, and community activities.
• Represent the Symphony at professional meetings and cultural events.

Compensation and Benefits
• $125k to $130k starting annual salary.
• Annual bonus potential of up to 4% of gross salary based on attainment of agreed-upon goals set in advance.
• Health, dental, vision, life, and disability insurance.
• Retirement benefits upon eligibility.
• Generous paid time off and sick leave policy.
• Instrument insurance and access to concerts.
• Great organizational culture and work environment.

Requirements

Qualifications
• Bachelor’s degree in finance, accounting, or related field; MBA and/or CPA preferred.
• Minimum of 7–10 years of experience in fiscal management, with at least 5 years in a senior leadership role, preferably in a nonprofit or arts organization.
• Strong understanding of nonprofit finance and accounting principles.
• Experience in human resources management, including policy development and implementation.
• Excellent analytical, problem-solving, communication, and interpersonal skills.
• Passion for the arts and commitment to the Symphony’s mission and values.
• Ability to work independently with minimal supervision and manage multiple priorities.
• Willingness to work on location in downtown Richmond and at performance or event sites.
• Availability for a robust schedule of performances, donor engagements, and community events on evenings and weekends.
• Ability to pass a background check and be legally eligible to work in the United States.

Knowledge, Skills, and Abilities
• Innovative and strategic thinker with a track record of developing creative financial solutions.
• Collaborative leader, able to work effectively with diverse stakeholders.
• Strong ethical standards and commitment to transparency.
• Proficient in Microsoft Office Suite, QuickBooks, payroll software, and related tools.
• Capable of handling complex budgets, payroll, cash flow, and financial approvals.
• Calm and clear communicator, especially in high-pressure situations.
• Committed to ongoing learning and staying current with financial and HR best practices.

Application Instructions

To Apply
Qualified candidates should submit a resume and cover letter (required) outlining their qualifications and interest in the CFO position by June 27, 2025. Please apply at: https://warrenwhitney.isolvedhire.com/jobs/1510588