Chief Financial Officer/Co-Chief Executive Officer (Madison) Job at Arts Industry, Madison, WI

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  • Arts Industry
  • Madison, WI

Job Description

Position Summary

As a member of Overture Centers executive shared leadership team, the Chief Financial Officer (CFO) and CoChief Executive Officer (CoCEO) will be responsible for guiding the organizations strategic direction, leadership culture, and operational success in partnership with their fellow CoCEOs and the Board of Directors. This role will combine executive leadership in financial and business operations with shared responsibility for the strategic, cultural, and missiondriven direction of the organization. As CFO/CoCEO, this position will provide strategic leadership of all finance and business operations functions, including budgeting, financial reporting, compliance, legal affairs, risk management, insurance, administrative operations, and support for governance. The CFO/CoCEO will ensure that Overture Center remains financially resilient, operationally sound, and aligned with best practices, while fostering collaboration, transparency, and valuesaligned decisionmaking. The CFO/CoCEO will safeguard Overture Centers taxexempt status through rigorous compliance with all applicable nonprofit tax laws and reporting requirements.

Roles and Responsibilities

Organizational Leadership and Strategy

  • Serve as a member of the Executive Leadership Team and partner with the CoCEOs to shape strategy, champion an inclusive culture, and align financial practices with organizational goals.
  • Model shared leadership and coaccountability in decisionmaking, risk management, and mission delivery.
  • Direct the Manager of Executive Support and Board Operations in supporting the Executive Leadership Team, coordinating meetings, managing executive communication, and delivering on special projects.
  • Lead special crossfunctional initiatives that support innovation, organizational alignment, and administrative excellence as required.
  • Represent Overture Center internally and externally, fostering trust, visibility, and mission alignment across stakeholder groups.
  • Participate in the Capital Projects and Capital Expenses Work Group, steering financing, budgeting, and risk management for facility upgrades and major equipment purchases.
  • Oversee all federal and state nonprofit tax filings IRS Forms 990, 990T, Wisconsin Form 4T, and related schedules ensuring accuracy, compliance, timely submission, and ongoing protection of Overture Centers taxexempt status, including strict adherence to lobbying and politicalactivity limits.
  • Embrace other organizational leadership and strategy responsibilities as required.

Finance, Business Operations, and Risk Management

  • Provide datadriven strategic leadership of Overture Centers Finance and Business Operations functions, including multiyear financial modeling, contingency planning, internal controls, and budget development that promote transparency, accountability, and organizational learning.
  • Partner with Programming, Marketing, and Operations to forecast and reconcile all earnedrevenue streams box office, concessions, merchandise, rentals and lead nightly tour/union show settlements to protect margins and ensure strong cash flow.
  • Monitor and manage cash flow, liquidity, and short and longterm financial sustainability.
  • Ensure effective oversight of payroll processes in partnership with the Director of Finance, including compliance with applicable laws, accurate reporting, and integration with financial systems and budgeting.
  • Develop and implement financial policies, procedures, systems, training, and internal controls in alignment with nonprofit best practices that support organizational resilience and proactive risk mitigation.
  • Maintain strong relationships with banking partners and financial institutions to support operating needs, compliance, and investment strategies.
  • Oversee enterprisewide risk management, including insurance coverage, claims, legal compliance, and cybersecurity strategy in coordination with IT.
  • Embrace other finance, business operations, and risk management responsibilities as required.

Board and Governance Support

  • Serve as the primary staff liaison to the Finance, Audit, Investment, Governance and Nominations, and Overture Foundation Corporation (OFC) Committees of the Board.
  • Participate in Board of Directors meetings, Executive Committee sessions, and committee chair meetings.
  • Provide direction to the Manager of Executive Support & Board Operations to ensure timely preparation of meeting materials, policy compliance, and effective board communications.
  • Monitor board policy compliance and ensure that boardapproved actions are appropriately documented and executed.
  • Collaborate with the Board of Directors and fellow executives to ensure alignment between strategic plans and operational execution across departments.
  • Lead endowment and longterm investment strategy with the Board Investment Committee, monitoring performance and ensuring policy compliance to safeguard Overture Centers longrange financial stability.
  • Embrace other board and governance support responsibilities as required.

Internal Culture Development and External Relations

  • Champion a workplace culture grounded in trust, transparency, collaboration, and innovation, and promote behaviors that foster belonging, respect, and shared accountability.
  • Align culturebuilding efforts with business outcomes by integrating employee experience, inclusion, and engagement metrics into operational planning and leadership evaluation.
  • Serve as a thought leader and culture carrier across the organization to ensure corporate culture is aligned with Overture Centers mission and strategic vision of responsible financial stewardship and operational excellence.
  • Oversee business contracts and serve on the Negotiation Team for union agreements, ensuring alignment with operational and cultural priorities.
  • Negotiate and monitor residentorganization rent models and present copromotion agreements, ensuring terms balance mission impact with cost recovery.
  • Collaborate with legal counsel to reduce organizational risk and ensure proper handling of legal matters.
  • Embrace other internal culture development and external relations responsibilities as required.

Traits and Characteristics

The Chief Financial Officer (CFO) and CoChief Executive Officer (CoCEO) will be a skilled visionary leader who values frequent interaction and collaboration with others. They will possess exceptional people skills and the capacity to work collaboratively with staff, customers, and other stakeholders. The CFO/CoCEO will be comfortable working in a fastpaced environment, prioritizing tasks, and responding to the needs of others. Strategic thinking, trustworthiness, adaptability, and a sense of humor will be important traits of the successful CFO/CoCEO. Responsible and knowledgeable, they will be a clear communicator, supportive, understanding, and balanced. A natural collaborator, the CFO/CoCEO will advocate for and with the internal staff and external contractors. The CFO/CoCEO will possess a deep appreciation for the arts and will champion the continuing improvement of the Overture Centers experience, ensuring the organizations longterm success.

Other key competencies include:

  • Teamwork, Planning, and Organizing The capacity to cooperate with others to meet objectives as well as establish courses of action to ensure that work is completed effectively.
  • Leadership and Conceptual Thinking The ability to organize and influence people to believe in a vision, create a sense of purpose and direction, and the ability to analyze hypothetical situations, patterns, and abstract concepts to formulate connections and new insights.
  • Problem Solving and Personal Accountability The clarity to define, analyze, and diagnose key components of a problem to formulate a solution, while at the same time being answerable for personal actions.
  • Decision Making and Negotiation The dexterity to analyze all aspects of a situation to make consistently sound and timely decisions while also listening to a variety of diverse groups and absorbing different viewpoints.

Experience and Qualifications

The Chief Financial Officer (CFO) and CoChief Executive Officer (CoCEO) will have senior management experience in a multifaceted, multivenue public events facility with a minimum of eight years of progressively responsible finance and business leadership experience, including four years in a senior or executive role. A bachelors degree in finance, accounting, business administration, or a related field is required; a CPA or MBA is strongly preferred. Experience in nonprofit arts or cultural organizations, including working with nonprofit boards and governance committees, is strongly preferred, with a deep knowledge of nonprofit financial regulations, GAAP, budgeting, investment policy, and compliance. The CFO/CoCEO will have previously demonstrated excellence in executive leadership, strategic thinking, and change management. Strong interpersonal, facilitation, and communication skills, including board and public engagement, with proven ability to influence across diverse internal and external stakeholders. Experience negotiating union contracts and managing legal risk is preferred. Proficiency in the Microsoft Office suite, budgeting software, and board governance platforms, and strong digital literacy and adaptability are beneficial. Overture Center values the many ways leadership and financial acumen are developed, both professionally and personally. Overture Center strongly encourages applicati]]> <

Job Tags

Full time, For contractors, Work at office, Night shift,

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