Chief Financial Officer

Position: Chief Financial Officer (Fractional)

Schedule: 15 hours/week

Compensation: $72,000 - $80,000/year

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Company Description:

Wharton Arts is comprised of 4 core programs: the Performing Arts School, New Jersey Youth Symphony, Paterson Music Project, and New Jersey Youth Chorus. Our programs include private lessons and group classes, high-level ensembles and educational experiences, and exceptional performance opportunities for students of all levels, ages, and socio-economic backgrounds.

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Job Summary

Wharton Arts is seeking a highly-qualified Fractional Chief Financial Officer to work closely with the new President and Chief Executive Officer, driving change that promotes fiscal stability and preparing for a planned 2028-29 facilities transition to consolidate the organization’s well-regarded programs. Wharton’s annual budget is approximately $4 million, and the organization employs 18 full-time and 120 part-time employees across three locations, serving 2,000 students each year with community music and creative youth development programs. The Fractional CFO is responsible for financial strategy, reporting and analysis.

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Responsibilities:

Finance:

• Responsible for annual budget and monthly forecasting processes.
• Responsible for management of restricted and unrestricted assets, and allocation of costs among program, fundraising, and general & administrative classes.
• Supports development team with grant budgets.
• Prepares monthly financial reporting for Finance Committee and Board of Trustees.
• Provides financial analysis needed for business decisions.

Risk Management and Oversight:

• Reviews monthly financial close, approving all adjusting and closing entries.
• Manages annual audit and annual federal and state filings with external auditors.
• Provides representation in banking relationship.
• Monitors organizational risk and insurance coverage.

Reports To: President and Chief Executive Officer

Supervises: Comptroller

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Skills/Qualifications:

• Certified Public Accountant
• Experience in real estate transitions
• Nonprofit experience
• Scenario analysis

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How to Apply

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