The Managing Director is responsible for the administration and conduct of the business and affairs of the corporation pursuant to the guidelines established by the Board. The Managing Director’s mission is to ensure the organization’s financial health and operational efficiency while working toward the organization’s mission. The Managing Director is responsible for operational execution, strategic planning, financial oversight, fundraising and development to support the organization’s mission. The workplace for this position is at Freehold Theatre.
Key Responsibilities:
Operational Execution:
- Oversee day-to-day operations to ensure efficiency and effectiveness.
- Supervise the business staff, including the Development & Communications Coordinator, Finance & Operations Manager, and Facilities Manager.
- Conduct annual performance reviews and regular check-ins to evaluate employee progress, set goals, and provide constructive feedback.
- Address and resolve employee performance issues or conflicts that arise, ensuring a productive and positive work environment.
- Oversee operations and maintenance of the physical space(s) where Freehold resides, including the offices and studios.
Strategic Planning:
- Collaborate with the Artistic Circle and Board to develop the strategic plan that translates the organization’s mission into executable plans.
- Monitor progress on strategic planning goals and objectives and report on progress on a quarterly basis to the Artistic Circle and Board.
- Monitor industry trends and suggest appropriate new strategies that align with the organization’s mission.
Financial Oversight:
- Develop the annual budget supporting Freehold’s goals set by the strategic plan, in collaboration with the Finance & Operations Manager, Artistic Circle and Board.
- Ensure financial controls and compliance with legal and ethical standards.
- Prepare and implement a fundraising and development plan annually in alignment with the approved budget with the Development & Communications Coordinator.
- Work with Operations & Finance Manager to provide monthly financial statements to the Board including cash flow projections and balance sheets.
Fundraising/Development:
- Cultivate and maintain positive relationships with Freehold’s existing donors to ensure ongoing support and engagement.
- Identify and explore new opportunities to reach prospective donors and expand the organization’s donor base.
- Develop and implement strategies to increase contributed income through targeted fundraising efforts.
- Collaborate with the Artistic Circle, and Development & Communications Coordinator to create compelling donor communications and campaigns.
- Monitor fundraising progress and adapt strategies to achieve financial goals and sustain community support.
- Identify and develop new earned income opportunities, leveraging creative and inquisitive abilities to discover and capitalize on unrecognized potential.
- Evaluate and expand existing revenue streams, ensuring alignment with the organization’s capacity and strategic goals.
- Provide regular monthly updates on development and fundraising efforts to the Artistic Circle and Board.
Collaboration:
- Partner with the Artistic Circle to align operational support with artistic goals.
- Communicate regularly with the Board regarding financial health and operational performance.
External Relations:
- Represent the organization in business dealings and community partnerships.
- Maintain Freehold’s brand image and voice in all external communications with oversight from the Artistic Circle.
- Oversee Freehold’s regular communications via all channels including but not limited to, classes, newsletters, events, program marketing, studio related emails, etc.
- Oversee Freehold’s marketing related initiatives, keeping it in line with brand image and voice.
- Find new and effective ways to expand Freehold’s audience, reach and brand recognition.
Qualifications:
- Bachelor’s degree in Business Administration, Arts Management or a related field, or equivalent experience.
- Proven management experience in a non-profit or arts organization.
- Strong financial acumen and experience managing budgets.
- Excellent leadership and team-building skills.
- Proven ability to collaborate effectively with artistic personnel.
- Agreed-to alignment and willingness to make decision that empower the organization’s mission.