Chief Financial Officer

Supervises: General Manager, Director of Finance, Human Resources/Finance Manager, IT Consultants

Desired

Start Date:

June 15, 2026

POSITION SUMMARY

Olney Theatre Center for the Arts, an award-winning, multi-venue, nonprofit regional theatre in Olney, MD (metro Washington, DC) now in its 87th Season, seeks a Chief Financial Officer (CFO) to provide essential financial vision and management as Olney Theatre enters its next era. The CFO ensures the Theatre has the proper tools, models and approach to ensure financial health and operating efficiency.

The ideal candidate has the demonstrated ability to budgetarily manage the delicate balance between artistic mission and long‑term fiscal sustainability of a mid‑sized nonprofit producing regional theatre. The CFO is an integral member of Olney Theatre’s Senior Staff and is a strategic partner to the Artistic and Executive Directors, and provides important support to the Finance, Investment and Audit Committees of the Board of Directors.

Key Responsibilities

• Lead all long‑term financial planning, scenario modeling and forecasting, including capital campaigns for facility upgrades.
• Serve as a thought partner to the Executive and Artistic Directors, supporting appropriate organizational growth, capitalization and financial sustainability.
• Advise the Executive Director and Board on fiscal risks and opportunities.
• Represent the Finance and Administration department on Senior Staff.
• Model inclusivity, transparency, and shared accountability into organizational culture and decision‑making to support a thriving, creative, and mission‑driven team.
• Lead the annual $10+M budget process that includes productions and programs across four stages and five buildings, producing and presenting models; create scenarios for various season configurations (e.g., a high‑cost musical vs. a small‑cast play; number of actor contracts and weeks that can be afforded), as well as contingency plans and regular updated forecasts.
• Manage cash flow for annual operations and special projects.
• Provide day‑to‑day budget management for the entire organization, including responding to mid‑year requests from department heads, and weekly cash reports.
• Lead budget‑to‑actual oversight in partnership with department heads.
• Provide budget reporting as needed to senior leadership.
• Oversee Finance Director’s management of annual audit and 990 filing and ensure compliance with IRS and Accounting rules.
• Maintain and improve internal controls and systems to prevent fraud and ensure accurate financial reporting across departments (Box Office, Development, and Production).
• Oversee financial management of capital campaigns and related capital expenditures.
• Serve as primary contact for Financial Advisors and track all funds, including reserves and endowment.
• Oversee banking relationships, investment accounts and financial due diligence.
• Manage endowment disbursements and reporting, in partnership with Financial Advisors.
• Supervise and support the Director of Finance and their operational leadership of accounting, accounts payable and receivable, payroll, and compliance.
• Responsible for risk management, specifically overseeing insurance policies.
• Serve as the primary staff liaison to the Board’s Finance, Investment and Audit Committees. Advise the Board on investment policies and endowment spending.
• Lead quarterly reporting to the Finance Committee.
• Prepare and present financial materials to the Board with clarity and insight.

• Provide financial analysis for collective bargaining agreements with unions (AEA, AFM, USA, SDC) and lead, or help lead, negotiations as appropriate, working alongside Artistic and Production to assess their needs.
• Supervise and support the General Manager and their operational leadership of facilities, company management, artist agreements, vendor contracts, and licensing and rights matters.

• Oversee HR and Finance Manager who handles hiring procedures, personnel files, personnel conflicts, and the employee handbook and policies.
• Provide essential leadership for the HR and Finance Manager to manage payroll systems and benefits…