Senior Director, Financial Planning And Analysis

REPORTS TO: Chief Financial and Administrative Officer

STATUS: Full-time, Exempt

Through artistic excellence coupled with innovative, relevant programming; initiatives to connect with and grow new audiences; engagement with communities to ignite creativity across Chicago; and a modernized Opera House that is the setting for truly great experiences, Lyric is leading the advancement of opera. This collaborative vision will deliver ever more exciting, thought-provoking, and inclusive audience and community experiences – while increasing the gravitational pull of our art form, company, and city.

The Senior Director, Financial Planning and Analysis (SDFPA) is a senior member of the Finance Department and a key business partner to the Chief Financial and Administrative Officer (CFAO). The SDFPA will bring a proven track record of financial planning and budget management, leading the full suite of financial planning and analysis functions and have a superior understanding of planning and budgeting processes and strategies necessary to support the organization and its initiatives. The SDFPA has direct oversight for the day-to-day operations of the financial planning and analysis department, ensuring all internal and external requirements are met in the areas of responsibility: Financial Planning and Analysis, Management Reporting, Budgeting, and Long-Range Planning.

Critical to success in this role, the SDFPA will be skilled at building and sustaining excellent relationships across Lyric and will partner with senior leaders and other managers to evaluate, advise, and implement financial planning strategies and solutions. The SDFPA is comfortable operating at both a strategic and tactical level, unafraid to offer input on broad initiatives or to delve into the details.

DUTIES AND RESPONSIBILITIES:

• Translate outputs from budget planning, variance analyses and management reports to meaningful data, trends, and obstacles to the Executive Leadership Team. Communicate how the data and trends can impact the organization.
• Working with the FP&A department, prepare materials for Finance and Executive Committee meetings, and Board of Directors meetings.
• Manage, mentor, and develop department staff of two.
• Deliver accurate and timely monthly management reports and coordinate ongoing variance analysis reviews with department leaders.
• Demonstrate leadership in alignment with Lyric’s mission and vision and in Lyric’s commitment to inclusion, diversity, equity, and accessibility initiatives.
• Support union negotiations, providing key data points and other information to the negotiating team.
• Lead the company’s annual budget, periodic forecast, and financial planning and analysis processes, working with department leaders to create annual budgets and to monitor performance against budget.
• Lead initiative to integrate and establish regular and routine financial planning review and analyses of all areas within the organization. Develop and implement oversight process.
• Participate in insurance and other renewal processes.
• Monitor and update rolling 3-year detailed budgets, including subsidiary revenue forecasts (marketing, development, rental revenue) and line-item cost detail.

KNOWLEDGE AND SKILLS:

• Bachelor’s Degree in accounting, finance, or business administration.
• Experience working with unions and/or collective bargaining agreements preferred.
• Enterprise Resource Planning (ERP) experience and savviness, and exceptional excel skills.
• Demonstrated financial accounting experience and 7 or more years of financial planning and analysis experience with an emphasis on budget planning.
• Outstanding communication and people skills and a high degree of emotional intelligence.
• Strong business and financial acumen and experience with designing financial and scenario modeling to help solve complex business problems and drive key decisions is required.

WORK CONDITIONS:

• Ability to work in a fast-paced and demanding environment.
• Ability to perform essential functions of the job with or without accommodations.
• Ability to work some weekends and evenings as needed.
• Ability to work a flexible schedule to meet business needs.

COMPENSATION:

Job Classification: Full-time, Exempt

Salary is $135,000-$150,000

Lyric Opera offers benefits including health, dental, vision, 403B (no company match), 401(k) with company match, PTO (including sick, vacation, and personal days, and holidays), life/AD&D coverage, opportunities for professional development, and complimentary tickets.

The Lyric Opera of Chicago is committed to enhancing our diverse work environment and is proud to be an equal opportunity employer. Lyric does not discriminate on the basis of race, color, national origin, sex, gender identity, religion, sexual orientation, age, disability, parental status, veteran status, or any other protected status under applicable laws. We encourage individuals of all backgrounds to apply.

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