Company
National Theatre
What can you receive?
£50k+ pro rata
Link
https://jobs.nationaltheatre.org.uk
Deadline
27 October 2024
We are looking for a Finance Director to join the National Theatre Finance Team.
We are looking for a Finance Director to play an integral role in leading the National Theatre, ensuring our finances are carefully managed to support financial sustainability and our resources are deployed effectively to match the scale of our ambitions.
You will report to the Chief Operating Officer, sit on the Senior Leadership Team (SLT), and lead a well-developed and effective finance team of 38 that is centrally positioned in the organisation and works with all departments.
This opportunity comes at an exciting time for the National Theatre. Our audience numbers have returned to pre-pandemic levels, our digital offer was turbo charged during the pandemic and continues to grow and our global reach is at record levels with increasing ambition. Despite the financial challenges presented during and following the pandemic, the real term cut to our state subsidy of 53% over the last 14 years and the on-going challenge of high inflation to our financial model, we have confidence in our financial outlook. Our five year Entertain and Inspire Strategy and accompanying business plan identifies a glide path to deliver a break even revenue model by 2026/27, with sufficient financial resources to support until that point and current unrestricted reserves at their target level of £15m.
In addition to this break-even revenue model challenge, we have a concurrent urgent need to upgrade the infrastructure of our Grade II* listed building to ensure our facilities are fit-for-purpose for world-class artists to make their best work. Two key steps forward in delivering to this challenge are a UK Government capital grant of £26.4m announced in the Spring 2024 Budget, and the launch of our £125m revenue and capital funding campaign, Stories Start Here, the most ambitious campaign in our history.
The Finance Director will play a key role in supporting this funding challenge, leading the on-going management of our resources to ensure the NTs long term financial sustainability, whilst ensuring sufficient resources to meet our key objectives, including our artistic and audience reach ambitions.
