22 Oct
|
Shambhala Music Festival
|
Toronto
22 Oct
Shambhala Music Festival
Toronto
Turn financial data into decisions and strategy into action
Join our team as Chief Financial Officer and make an impact that counts.
This full-time, permanent position
will start in March 2026, and will primarily work at our head office on Baker Street in beautiful Nelson, BC.
Festival Site Work:
The successful candidates will also be required to work in office at the festival location near Salmo, BC for about 1 month each July.
Applications will be accepted until the end of January 2026, with candidate review & 1st interviews taking place in February.
The Chief Financial Officer defines and safeguards the financial future of Shambhala Music Festival and its 14 related corporations. This role requires a seasoned financial leader experienced in high-volume multi-entity environments, ideally including large-scale events or similarly complex seasonal operations. The CFO must bring advanced financial management expertise, strong risk governance, and sound decision-making during time-sensitive operational periods. The position leads long‑range financial planning, multi‑corporation governance, compliance, and cash‑flow management while ensuring financial systems and practices support Shambhala’s mission, culture, and operational needs. The CFO also supports revenue growth and maintains sustainable financial health across all entities.
A CPA designation is required.
Roles and Responsibilities:
Strategic Financial Planning:
Lead the company’s financial planning and long‑term strategy, ensuring alignment with organizational goals and financial stability while providing strategic financial guidance to the CEO and executive leadership team.
Financial Oversight:
Manage all financial transactions and balances across 14 entities,
ensuring accuracy, transparency, and compliance. Oversee consolidated financial statements, inter‑company transactions, and tax strategy. Maintain real‑time financial oversight during festival build, live operations, and teardown while using predictive analysis to identify trends and mitigate risks.
Risk Mitigation:
Identify and address festival‑specific risks, including vendor and talent settlement risk, rapid procurement needs, and operational contingencies. Conduct annual risk assessments focused on liquidity, liabilities, compliance, and operational safety, with targeted reviews of settlement processes across departments. Evaluate liabilities and investments to strengthen financial safeguards and ensure ongoing stability.
Budget Management:
Collaborate with stakeholders to resolve budget discrepancies and project‑specific financial challenges. Lead budget creation and management for all departments, including talent, production, staging, security, medical, and festival operations. Develop annual budgets, pro‑forma models, scenario analyses, and long‑range projections. Monitor budgets and report variances promptly to protect the company’s financial position.
Financial Reporting:
Oversee year‑end financial reporting, budgets, and monthly feedback processes to maintain transparency and accountability.
Produce accurate year‑end financial statements, monthly reporting packages, and budget‑to‑actual analyses. Implement real‑time reporting tools and dashboards for festival operations. Generate and present monthly financial reports for each operating entity and track and report on financial key performance indicators.
Team Leadership:
Supervise and mentor all financial team members and provide on‑site financial leadership during festival build, live operations, and teardown.
Performance Analysis:
Analyze current and projected financial statements to ensure operational activities and decisions align with the company’s goals and objectives.
Cash Flow Management:
Guarantee appropriate cash flow for day‑to‑day operations, maintaining liquidity to support growth, sustainability, and large seasonal cycles. Plan and manage high‑volume cash cycles, including pre‑festival procurement and post‑event settlement, ensuring the organization remains prepared through festival‑intensive periods.
Investment Strategies:
Formulate and execute investment strategies that account for cash and liquidity risks, balancing risk, liquidity, and long‑term organizational growth to ensure optimal use of financial resources. Oversee financial planning for capital projects, including utilities, infrastructure upgrades, communications systems, and long‑term site development to support sustainable expansion.
Compliance and Governance:
Ensure compliance with CRA, WorkSafeBC, and all provincial regulations relevant to large‑scale festival operations. Maintain strong governance frameworks across all corporations and ensu
📌 Chief Financial Officer (Toronto)
🏢 Shambhala Music Festival
📍 Toronto