Chief Financial Officer Opportunity
The Canadian Opera Company (COC) seeks a senior professional to join our dynamic team as Chief Financial Officer (CFO). As a key member of the Executive Management team and reporting directly to the Managing Director, the successful candidate will provide strategic and operational leadership for the overall financial integrity of the COC group of companies with consolidated revenue of approximately $40 million. This includes responsibility for financial reporting, audits, operating and capital budgets, taxation, treasury, forecast analysis, cash management, insurance, accounting controls, and payroll systems. The CFO will also provide financial leadership as we embark on the next phase of the COC’s strategic plan, including but not limited to, the future development and evolution of the COC facilities and associated logistical planning. In addition, the CFO acts as an Officer of the company attending Board of Directors’ meetings and works closely with members of the Executive Management team and various Board sub-committees. The individual also oversees the Information & Technology (IT) department by providing guidance, support, and advice for developing and implementing IT initiatives.
The CFO acts as a key financial resource for all long-term company planning and operational decisions. The individual will also assess and look for continuous improvement with initiatives that impact the financial performance and future direction of the COC while providing advice on the financial merits or risks associated with these initiatives. The CFO’s ability to enhance the efficiency and effectiveness of internal financial and accounting systems and make sound recommendations for change is desirable. The CFO is responsible for maintaining a reputation of integrity and transparency of all financial transactions. This includes operating in a fiscally responsible and cost-effective manner, and being a proactive resource to all operating departments.
The COC requires an individual with a strong record of professional accomplishment overseeing all aspects of Finance. Candidates should have 10+ years of recent, relevant and progressive management experience complemented by a university degree or equivalent education and experience in a field related to business, commerce or accounting along with a professional accounting designation. Along with an appreciation of opera and a passion for the performing arts, candidates should have an understanding of reporting for donations, endowments, government grants, and sponsorships. Experience working with charitable organizations and understanding of specific not-for-profit accounting rules/sales tax regulations is highly desirable.
Candidates should have a relentless curiosity to seek continuous improvement and efficiencies with internal systems and practices. The incumbent will also exhibit strong business and analytical acumen along with planning, prioritization, and execution skills. They should have proven experience collaborating with members of senior management, Board of Directors, and various Board sub-committees. In addition to their strong work ethic and solid negotiation skills, candidates should exhibit a high level of integrity, accountability, and urgency. While they can act as a key strategic advisor on financial priorities, they also enjoy the hands-on operational side of the finance role and bring solid experience in areas such as cash management, financial analysis, forecasting, and operating and capital budgeting, to name a few. A highly respected leader, candidates must demonstrate excellent communication skills and have a natural ability to coach and guide members of the finance and IT teams. Experience working closely with IT and facilities would be considered a major asset.
ABOUT THE CANADIAN OPERA COMPANY
Based in Toronto, the Canadian Opera Company is the largest producer of opera in Canada and one of the largest in North America. The COC enjoys a loyal audience support-base and one of the highest attendance and subscription rates in North America. Under its leadership team of General Director Alexander Neef and Music Director Johannes Debus, the COC is increasingly capturing the opera world’s attention. The COC maintains its international reputation for artistic excellence and creative innovation by creating new productions within its diverse repertoire, collaborating with leading opera companies and festivals, and attracting the world’s foremost Canadian and international artists. The COC performs in its own opera house, the Four Seasons Centre for the Performing Arts, hailed internationally as one of the finest in the world. Designed by Diamond Schmitt Architects, the Four Seasons Centre opened in 2006. For more information on the COC, visit coc.ca.
Interested candidates are invited to apply for this position through our external search partner, Farber Executive Search, by clicking here.
We thank you for your interest in this opportunity.
The COC is committed to providing accommodations for people with disabilities in all parts of the hiring process. If you require an accommodation, please let us know and we will work with you to meet your needs.