Director of Finance and Administration
Cain Center for the Arts
Cornelius, North Carolina
The Moran Company is pleased to partner with Cain Center for the Arts to recruit the organization’s next Director of Finance and Administration.
About Cain Center for the Arts
Cain Center for the Arts is a 501(c)(3) organization with the mission of providing exceptional visual arts, performing arts, and social experiences to the Lake Norman Region of North Carolina. Founded in 2016, the organization operates two arts facilities in downtown Cornelius, and provides programs in arts education, performing arts, and community impact. It is funded through ticket sales, class and education tuition, philanthropic gifts, and local, state, and federal government grants.
Following an eight-year journey and a successful $25 million capital campaign, Cain Center for the Arts opened its new arts and community center in downtown Cornelius in January 2023. The 34,000 square foot building sits upon a 1.6 acre site and includes a
400-seat theater, art gallery, dance studio, classrooms, two-story lobby, board room, and support spaces. The site surrounding the center also includes a public plaza and downtown greenspace/park. The organization also operates the Cornelius Arts Center, which is located in Historic Oak Street Mill directly behind the Cain Center. The Cornelius Arts Center houses a second art gallery, additional classrooms, and the very popular ceramics program.
More than just a place for the community to attend arts events and classes, Cain Center for the Arts is an innovative organization committed to making the arts accessible to everyone in the Lake Norman Region. Through numerous community impact initiatives such as the Community Music Lesson Program, Arts in Schools program, and Arts & Communities Program, the center provided arts opportunities to over 15,000 residents in 2023-2024.
To learn more, visit cainarts.org.
Position Summary
Cain Center for the Arts seeks an experienced and skilled Director of Finance and Administration to join a fast-paced team of professionals who are guiding the execution of exciting and diverse programs and the growth of the organization. This position will function as a deputy to the Executive Director and will be responsible for managing and executing the day-to-day general accounting processes and functions for the center, expanding the financial operations, and helping provide a long-range vision for the organization’s growth and stability. In addition, this position will ensure the integrity and accuracy of all accounting and financial information recorded, reported, and retained on behalf of the organization.
The Director of Finance and Administration will report to the Executive Director and advise on financial and administrative decisions. The director will assist in developing strategies and project work plans supported by a strong understanding of nonprofit financial reporting and will serve as the staff liaison to the Finance Committee.
Direct reports to this position include Director of Ticketing and Patron Services and the Receptionist/Administrative Assistant. This position will also be responsible for the outsourced contracts for Human Resources, IT, and Accounting.
Responsibilities
Financial management
- Manage and maintain financial records, oversee and review the entering and tracking of transactions, reconciling monthly credit card statements and vendor payments
- Oversight and review of month-end close processes including:
- Bank reconciliations, expense allocations, and reclasses
- Monthly statement of activities, balance sheet, and cash flow on a regular reporting cycle
- Act as liaison to grant contracts for budgeting, monitoring, reporting and reconciling transactions
- Manage and prepare departmental and organizational budgets, financial forecasting, and cash flow for administration, existing programs, and proposed new programs/projects
- Develop annual revenue and expense projections
- Develop reports and communications vehicles for staff and board of directors, providing regular financial updates and suggesting adjustments as needed with the appropriate stakeholders
- Oversight of all restricted funding to ensure proper restrictions/releases and estimates of rollover funding
- Monitor and maintain internal controls to ensure compliance
- Coordinate and supervise the annual audit with the external auditors
- Manage the relationship with the outsourced accounting team to ensure a smooth transition to in-house responsibility over finance responsibilities
- Ensure that all financial and accounting functions are developed and performed according to the highest professional standards and in clear compliance with the general accepted accounting principles (GAAP)
- Remain current on GAAP accounting, reporting and control best practices, and state and federal law regarding nonprofit financial operations
Administration
- Serve as a strategic business partner to the Executive Director on the organization’s financial, budgeting, and administrative processes, with an eye to continuously developing and improving systems
- Manage the relationship with the HR Service Provider, overseeing HR administration, payroll, and benefits
- Oversee organizational compensation philosophy and periodic compensation and benefits study to inform appropriate salary adjustments
- Manage the relationship with the IT Service Provider to support the ongoing IT and Administrative needs of the team
Professional Qualifications and Experience
- Bachelor’s degree in accounting, finance, or related field
- Five years or more of related experience in an enterprise of similar budget and complexity
- Experience in nonprofit management and accounting preferred, including fund and grant accounting, compliance, and reporting
- Experience in managing diverse revenue streams such as ticket sales, food and beverage and rentals is a plus
- Familiarity with and/or ability to learn multiple accounting software platforms
- Experience with outsourced contract organizations is a plus
Essential Skills and Attributes
- Entrepreneurial mindset
- Self-motivated and results-oriented
- Positive attitude, high energy, and ability to work in a fast-paced environment and have a high degree of initiative
- Teambuilder and strong relationship management skills, including the ability to build relationships with staff and volunteers
- Strong acumen with the ability to forecast the budgetary and workforce impact of long-term plans
- Demonstrated attention to detail and mastery of current best practices in accounting and administration
- Strong organizational skills and ability to manage multiple priorities and projects at once to ensure work is completed in a timely and productive manner
- Excellent communication skills, both orally and in writing
- Strong analytical skills and the ability to develop and present concise and clear solutions
- Commitment to the Cain Center for the Arts’ mission, vision, and values
Compensation
The salary range for this position is $90,000 - $110,000. Benefits include PTO and holidays, employer sponsored group health insurance, and professional development support.
Statement of Non-Discrimination
Cain Center for the Arts actively seeks a diverse pool of candidates. The Cain Center for the Arts is committed to a policy of equal employment opportunity without regard to race, color, national origin, religion, disability, gender, gender identity, sexual orientation, or age.
Cain Center Values
- Inspirational: To be a center that inspires and encourages creativity.
- Community-centered: To be a center that serves everyone. To expose, invite, and engage as a destination for all members of the community.
- Creative: To serve as a hub of creativity, providing a platform for unique and individual expression.
- Entertaining: To provide a holistic experience that produces valuable, enjoyable experiences while also focusing on comfort.
- Educational: To be a center where the arts and education connect.
Application Process
The search for the Director of Finance and Administration is being conducted by The Moran Company. To apply for this position, please submit your cover letter and resume electronically to Jane Lampo, The Moran Company. The cover letter should highlight your qualifications and experience and how they align with the requirements of Cain Center for the Arts.