“With its new Smith Center for the Performing Arts, Las Vegas has staked a place on the musical map, presenting to the globe a venue where even the best ensembles will be glad to appear. Certainly, the Cleveland Orchestra sounded great there.” The Plain Dealer, April 13, 2012
Located in downtown’s 61-acre urban development Symphony Park, The Smith Center for the Performing Arts is a public/private partnership that is the new centerpiece of cultural life in Las Vegas, offering a blend of performances by resident companies, as well as first-run touring attractions. The five-acre cultural campus, which opened in March 2012, features three performance spaces: the 2,050-seat main performance area in Reynolds Hall and Boman Pavilion’s 258-seat Cabaret Jazz and 250-seat Troesh Studio Theater. In addition, it is home to a 1.7-acre park, which will be used for outdoor concerts. The campus will also be the new location of the Discovery Children’s Museum.
The Smith Center is the cultural center for Las Vegas – a place that educates, entertains, and excites the citizens of the Las Vegas community. Its offerings include a full-length Broadway Las Vegas season, with 12,000 subscribers in its inaugural year, extensive jazz and cabaret programming, internationally renowned classical ensembles and soloists, and a robust education and outreach program. The Las Vegas Philharmonic and Nevada Ballet Theatre are also resident companies at The Smith Center.
The Smith Center opened with an endowment of $45 million, and its current operating budget is $33.8 million, with total earned revenue of $25.6 million. It is governed by an 18-member Board of Directors. President and CEO Myron Martin leads the 6-member executive team and a staff of 230. After its extremely successful opening, the Center is poised to build the artistic and programming vitality and financial sustainability of Las Vegas’s new cultural centerpiece.
Las Vegas’ nightlife and legendary status as the “Entertainment Capital of the World” are well recognized. While that is a major draw for visitors, residents celebrate other factors that set the region apart. Las Vegas is a city that embraces the arts, both performing and visual. It is a community that appreciates spectator sports and nurtures burgeoning sports teams. It is home to a people who share a love of the great outdoors and recognize the beauty of the desert.
Las Vegas had dubbed 2012 as “The Year of Downtown,” as $789 million worth of projects make their debut, helping to revitalize the urban area. These include The Smith Center, The Mob Museum, The Neon Museum, a new City Hall complex, and renovations for Zappos.com’s newly relocated corporate headquarters.
Las Vegas is located in Clark County in Southern Nevada, the nation’s 14th-largest county, with a population of more than 2 million citizens. The region offers some of the lowest taxes in the United States (no state corporate tax as well as no personal income tax), affordable housing, a young and educated workforce, a diverse group of people who bring skills from around the world, and an airport where connections to that world are quite easy. Southern Nevada is one of the most technologically connected places on earth. Las Vegas is headquarters for the world's two largest Fortune 500 gaming companies, Caesars Entertainment and MGM Resorts International. The city is also home to the world's largest concentration of firms in the gaming machinery and technology sectors.
Clark County is the fifth largest school district in the country serving approximately 300,000 students. In addition to providing its standard school curriculum, Clark County operates 21 select or magnet schools which offer specialized programs in aerospace and aviation, information technologies, performing and fine arts, communications, law, health services, travel and tourism, and engineering. The University of Nevada, Las Vegas, is a comprehensive research university with internationally recognized hotel administration programs, professional degrees in law, architecture and dental medicine, and leading programs in the fine arts, sciences and education.
Nevada has no shortage of compelling landscapes, and Clark County is no different. Mt. Charleston and skiing are just 45 minutes away, and Red Rock National Conservation area beckons on the western fringe of the Las Vegas Valley. Lake Mead National Recreation Area, located 30 miles southeast of Las Vegas, caters to boaters, swimmers, fishermen, hikers, wildlife photographers, and roadside sightseers. Meanwhile, gambling is offered in the destinations of Mesquite, Primm and Laughlin, located on the fun-filled Colorado River.
Sources: www.lasvegasnevada.gov, www.lvrelocationguide.org, www.cber.unlv.edu
The Vice President and Chief Financial Officer will be a senior strategic partner on The Smith’s Center leadership team, responsible for managing the financial affairs of the corporation. As a young institution, The Smith Center is transitioning from its building and opening phase to a one of infrastructure strengthening and institutional sustainability. With that in mind, the Vice President and Chief Financial Officer will be a sharp, analytical thinker with the ability to forecast long-range outcomes and develop suitable business strategies to meet the ongoing financial and accounting needs of The Smith Center. He/she will play crucial role in creating a financial model emphasizing efficiency and productivity while leading to a successful institutional net result. Reporting to the President and Chief Executive Officer, the Vice President and Chief Financial Officer will work closely with the board’s finance/investment and audit committees and lead The Smith Center’s finance, human resources, and information technology staff.
• Provide strategic recommendations to the President and Chief Executive Officer based on financial analysis and projections, cost identification and allocation, and revenue/expense analysis.
• Participate in the ongoing strategic planning process as an integral member of the senior leadership team.
• Oversee long-term budgetary planning and cost management in alignment with The Smith Center’s mission and strategic objectives.
• Engage the Board’s finance/investment and audit committees around issues, trends, and changes in the operating model and operational delivery.
Financial and Operational Management
• Guide the preparation and approval of all financial reporting materials for funding organizations and The Smith Center’s board of directors; prepare and communicate monthly and annual financial statements.
• Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting.
• Oversee the development and implementation of budgets, monitor progress, and present operational metrics both internally and externally.
• Ensure that finance staff maintains financial record systems in accordance with Generally Accepted Accounting Principles (GAAP) and Financial Accounting Standards Board (FASB).
• Coordinate all audit activities.
• Review and manage finance procedures, processes, and administration, and make recommendations for their improvement.
• Assure legal compliance with all local, state, and federal tax filings and regulations.
• Provide guidance to human resource functions, including establishing, reviewing, and updating policies and procedures and monitoring and reporting on human resources compliance issues.
• Oversee, administer, and monitor employee benefit programs.
• Supervise information technology ensuring that all computers, office equipment, and software are maintained and compatible with The Smith Center’s needs.
• Oversee capital improvements to The Smith Center.
• Develop and manage direct reports, including Controller, Senior Budget Analyst, Accounting Staff, Director of Information Technology, and Director of Human Resources.
• Engage other members of the senior leadership team to facilitate cross-department collaboration that ensures that all financial, information technology, and human resources solutions positively support The Smith Center’s strategic, operational, and data collection needs.
• Support development of The Smith Center’s organizational culture of collegiality, ownership, and pride and its organizational values of integrity, respect, inspiration, service, education, and sustainability.
TRAITS AND CHARACTERISTICS
The Vice President and Chief Financial Officer must be a confident, goal-oriented leader with superior conceptual thinking and problem solving abilities. A systematic and practical person with strong intellectual curiosity, he/she will have a well-rounded set of capabilities that sets him/her apart from others and strong data analysis and decision-making skills. Additionally, the Vice President and Chief Financial Officer will possess the following competencies:
• Personal Accountability – Embraces his/her own capacity to be answerable for personal actions and professional decisions.
• Planning & Organizing – Develops, establishes, and implements plans that are relevant, realistic, and attainable.
• Self-Management – Independently pursues objectives in an organized and efficient manner, prioritizes activities, maintains a high level of activity without direct supervision, and completes high quality work on time, on budget, and on mission.
Qualified applicants will have a CPA (preferred) and/or MBA, and a minimum of 7-10 years of experience in a CFO, Vice President of Finance, or in similar position. Experience in a nonprofit performing arts organization preferred and nonprofit financial management, reporting, and experience required. Solid knowledge of Microsoft Office, particularly Excel and PowerPoint, and the ability to effectively utilize accounting and business process software. Excellent communication skills. A strong interest in and passion for the performing arts center and a commitment to its inherent value in society.
COMPENSATION & BENEFITS
Very competitive compensation, an annual incentive plan, and benefits package, including health, dental, and vision insurance, life insurance, disability insurance, vacation, ability to contribute towards a 401(k) retirement plan, and a quality of life that Las Vegas and The Smith Center provide.
APPLICATIONS AND INQUIRIES
Cover letter and resume outlining demonstrable accomplishments to:
Mr. Bruce D. Thibodeau, President
Arts Consulting Group, Inc.
8581 Santa Monica Boulevard, Suite 406
Los Angeles, CA 90069-4120
Tel: (323) 936.0626
Fax: (323) 936.1196
The Smith Center for the Performing Arts is an Equal Opportunity Employer