Theatricals Financial Leadership Role

6 days ago

New York, New York, United States Concord Full time

Overview of Concord:

We are the independent, worldwide leader in the development, management and acquisition of sound recordings, music publishing, theatrical performance rights and narrative content. Our global presence spans multiple offices across continents, including Nashville, Los Angeles, New York, London, Berlin, Melbourne, and Miami, with staff in Auckland, Sydney, Tokyo, and Toronto.

The CFO, Theatricals Role:

This position provides first-class financial leadership and support to the Theatricals business, aiming to increase the group's EBITDA, cash flow, and shareholder value. As the primary objective, the role is responsible for the Theatricals accounting function, including consolidation and reporting of monthly financials.

Responsibilities:

  • Financial Stewardship:

    • Operate as a financial and commercial partner to the Chief Theatricals Executive.
    • Assess financial and commercial returns on new Theatrical investments and strategic initiatives.
    • Actively engage with the business to focus on improving gross and EBITDA margins.
    • Provide Concord board with historical and future reporting and insight.

  • Financial Reporting and Consolidation:

    • Oversee and lead Theatricals finance team preparing monthly management accounts.
    • Critically appraise monthly financial performance providing monthly finance report detailing key variances.
    • Enhance management information available for decision-making, particularly gross profit and EBITDA-related information.
    • Ensure group accounting policies are consistently applied throughout Concord Theatricals.

  • Financial Planning:

    • Work with business managers to create detailed and accurate revenue, overhead, and investment forecasts and budgets.
    • Submit consolidated forecasts and budgets in group reporting format.
    • Monthly detailed pipeline licensing revenue and overage analysis, identifying potential budget variance issues in advance of reporting.
    • Prepare ad hoc financial analyses for senior management.

  • Cash Management:

    • Manage Concord Theatricals cash resources, including control over working capital.
    • Ensure completion of rolling cash flow forecasts.
    • Prepare monthly advance and working capital analyses for the division.

Qualifications:

  • Bachelor's Degree in Accounting required, with a Master's Degree in Accounting or Business preferred.
  • A CPA-qualified accountant with a minimum of 8 years post-qualification accounting experience in a senior management position (either CFO or Board Level).
  • Exceptional leadership skills and considerable leadership experience, with the ability to evaluate and elevate employee capabilities.
  • Good business judgment and the ability to grasp the big picture.
  • Commercial experience of theatrical and/or live entertainment sector highly recommended.
  • Proven experience with organizational and process design.
  • Good communication skills and interpersonal skills with the ability to interface with all levels of leadership and employees.

Compensation and Benefits:

The estimated salary range for this position is $250,000 - $300,000 per annum. We offer comprehensive medical and wellness benefits, generous time off, parental leave, charity match, paid time off for volunteering, and other fun company perks. We have beautiful new offices and a culture committed to supporting everyone's growth and development.

EEO Statement:

Concord is an equal opportunity employer. We employ, train, compensate, and promote regardless of race, religion, color, national origin, sex, disability, age, veteran status, and other protected status as required by applicable law. We believe that diversity, inclusion, and equity are paramount for the creation of music, theater, and film that celebrates and empowers all cultures.

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