Monday, August 27, 2018

Business Manager - Jobs in the Theatre - Part 7

The business manager in a theatre is the person who is in charge of all the financial aspects. In a large theatre, the business manager will oversee that the proper actions are being completed by each person to which they are delegated. In a smaller theatre, the business manager may be the only person who takes care of financial matters.



The business manager will know the most up-to-date status of the theatre's financial health. He or she is an extremely important person in the theatre because of this. It allows the theatre to know what can be spent in different ways.

The business manager pays bills, executes payrolls, makes financial deposits, and keeps financial records. He or she is also responsible for the money that comes through the box office and concessions. He or she also deals with accounting, taxes, financial reporting, and dealing with auditors.

The business manager may also help with budgeting, concessions, contracts for both producing plays and hiring employees, licensing rights for plays, union negotiations, endowments, investments, and personnel policies. He or she is also the primary liaison with the business community. While the business manager may also be given the title "director of finance," it is important to realize that he or she is a principal executive of the theatre and not just a bookkeeper.

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1 comment:

  1. What a passion!
    As many caps as the bussiness manager wear, as more passionate he or she is. Thank you for the information.

    ReplyDelete