Manager, Financial Planning & Analysis

Network(s):
Finance, HR, & Administration

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 Manager of Financial Planning and Analysis is a member of the Financial Planning and Analysis (FP&A) team within Lyric’s Finance department. Reporting to the Director of Financial Planning and Analysis, the Manager of FP&A serves as a partner to Finance departmental leadership and plays a key role in the company’s financial performance by leading the day-to-day budgeting, forecasting, and reporting activities.

This role oversees a team of two financial analysts and maintains a portfolio of departments while also ensuring consistent support, accountability, and reporting across all department portfolios. This position helps explore opportunities to optimize existing business processes and/or implement new processes.

Manager, Financial Planning and Analysis

Director, Financial Planning and Analysis

Full-time, Exempt

Manage the annual budget planning cycle, ensuring that all departments create complete, accurate, and well-supported budgets that align with current and long-range planning.

Oversee the quarterly process of reforecasting fiscal year-end results through leading and attending quarterly review meetings with each department to discuss risks and opportunities.

In both budgeting and forecasting activities, review departmental submissions and professionally challenge assumptions when necessary.

As part of Finance’s monthly close activities, lead the budget reporting process, preparing and distributing monthly financial activity reports to each department alongside the financial analysts.

Partnering with cross-departmental budget holders, facilitate and attend budget variance analysis meetings to review weekly and monthly revenue and expense activities with each department.

Monitor budget to actual performance during the fiscal year and provide regular updates to the Director of Financial Planning and Analysis and other department personnel that identify and flag potential cost overruns and other areas of concern.

Work with the Director of Financial Planning and Analysis to provide corrective actions and timely communication to areas of concern, when appropriate.

Support month- and year-end reporting activities, including providing variance analyses and report reconciliations for assigned areas.

Prepare routine components of financial analysis for executive-level and Board Committee reporting.

Lead annual process of uploading and maintaining department budgets in Prophix, Lyric’s budget planning system, and assist departments with navigating and understanding their Prophix reports.

Perform Prophix system maintenance and updates as required, serve as a back-up system administrator.

Other duties as assigned.

Serve as a partner to Director of FP&A, other members of the Finance department, and cross-departmental colleagues, establishing strong working relationships that grow company-wide awareness of financial results and sustain a culture of departmental accountability.

Supervise a team of two financial analysts providing guidance and mentorship that supports development of strong…