The Cleveland Institute of Music (CIM), internationally renowned
for the excellence and breadth of its conservatory programs, seeks
a Chief Financial Officer to join a vibrant leadership team at one
of the world’s preeminent, independent conservatories. The Chief
Financial Officer will have a passion for classical music, deep
experience in higher education, and an intellect and instinct for
the art of strategic financial planning, analysis, and oversight.
He or she will be a proactive and collaborative leader, a superb
communicator with a commitment to transparency, have a substantial
record of strategic financial leadership., and will be dedicated to
continuing to move The Cleveland Institute of Music forward as a
center of excellence in classical music.
As a senior member of CIM’s President’s Council and designated
by the President as an administrative and executive officer, the
CFO will be a thought-partner alongside a strategically driven and
innovative President and Provost – as well as an equally driven and
supportive Board of Trustees, faculty, staff and student body – in
overseeing and enhancing the financial management of the Institute,
which includes: resource allocation, financial strategy, capital
planning, debt management, external financial reporting, cash flow
optimization, and financial information systems. The CFO’s business
responsibilities encompass treasury, investment, budgets,
accounting systems, financial audits, insurances, legal &
compliance, and accounting oversight of the endowment. She or he
will manage a team that includes a Controller, Staff Accountants
and Mailroom & Copy Center Coordinator.
The ideal CFO candidate will have, as a minimum, 10 years of
relevant experience in a financial leadership role, preferably with
both external audit and in-house financial management experience.
Experience with, and knowledge of, higher education finance is
preferred. She or he will hold a business, finance, or accounting
degree, with a master’s or graduate degree in related field highly
desirable. A CPA designation, while not required, is desirable. The
preferred candidate would also have significant senior level
administrative experience in financial and business operations of
higher education or not-for-profit arenas, and demonstrated success
in working with all levels of staff (board, executive,
administrative, faculty, students, etc.) The CFO role requires
broad knowledge of various aspects of operations and finance
including contract negotiations, public bond financing and lease
vs. purchase analysis.
The Cleveland Institute of Music, founded in 1920 with composer
Ernest Bloch as the founding director, is one of just seven
independent conservatories of music in the United States, one of
three devoted exclusively to classical music performance and the
only one nestled in America’s heartland. CIM’s campus – in the
world-class center of innovation in healthcare, education and arts
& culture known as University Circle – offers an incomparable
environment for learning, study and artistic development. CIM’s
graduates command the most celebrated and revered stages in the
world as soloists, chamber musicians and ensemble members; compose
meaningful, award-winning new repertoire; and are highly
sought-after teaching artists, administrators and thought leaders.
More than half of the members of The Cleveland Orchestra are
connected to CIM as members of the faculty, alumni or both. The
Institute’s diverse talent tapestry uniquely positions CIM as the
future of classical music.
All CIM students benefit from access to world-renowned visiting
artists and conductors, intensive study with CIM’s stellar faculty
and the rich curriculum offered by CIM’s partner Case Western
Reserve University. CIM’s Center for Innovative Musicianship (known
as CIM²) embraces the school’s mission to empower the world’s most
talented classical music students to fulfill their dreams and
potential by offering extensive experiential opportunities for
students to foster the practical skills necessary for a seamless
transition into a professional career.
Review of applications will begin immediately and will remain
open until December 15, 2021. Candidates should provide, as two
separate documents, a resume and a letter of application that
addresses the responsibilities and requirements described in the
detailed leadership profile, which will be provided to interested
applicants. These materials and informational requests should be
Larry S. Imely
Lawrence Stephen Partners, Inc.
The Cleveland Institute of Music is an Equal
Opportunity/Affirmative Action Employer and has a strong
institutional commitment to diversity. Women, minorities, persons
with disabilities and veterans are encouraged to apply. CIM’s
policies, programs, and activities comply with federal and state
laws and regulations prohibiting discrimination on the basis of
race, color, religion, age, national origin, gender, sex, gender
identity and/or expression or sexual orientation.