POSITION SUMMARY:
The Chief Financial Officer (CFO) serves on the CEO's senior leadership team and is responsible for the strategic and operational stewardship of the YMCA's finances. This includes oversight of budgeting, accounting, audit, investment management, and financial systems. The CFO is a collaborative leader who ensures transparency across departments, partners actively with the CEO and C-suite on financial performance, and serves as the lead staff partner to the Finance Committee of the Board. The CFO will consistently demonstrate strong interpersonal and communication skills, with the ability to translate complex financial information into clear, actionable insights for diverse audiences including program leaders, board members, and external partners. After a period of vacancy, this role will play a key part in restoring consistency, strengthening internal systems, and building confidence across teams and stakeholders.
OUR CULTURE:
Our mission and core values are brought to life by our culture. In the Y, we strive to live our cause of strengthening communities with purpose and intentionality every day. We are welcoming: we are open to all. We are a place where you can belong and become.?We are genuine: we value you and embrace your individuality.?We are hopeful: we believe in you and your potential to become a catalyst in the world.?We are nurturing: we support you in your journey to develop your full potential.?We are determined: above all else, we are on a relentless quest to make our community stronger beginning with you.
ESSENTIAL FUNCTIONS:
- Re-establishes and strengthens internal financial systems and team culture after a period of executive vacancy. Fosters clarity, dependability, and trust in financial operations across the organization.
- Monitors monthly financial operations, prepares analysis and reports, and gives guidance to executive and operating staff. Works closely with operations staff on issues that affect financial outcome. Secures and allocates program or project resources so that strategic objectives can be achieved. Prepares specific recommendations.
- Reviews, updates, and/or develops internal control systems for the Y and oversees internal audits which check for compliance on a variety of policies and standards. Provides recommendations for improvement.
- Manages the staff and oversees the operations of the accounting/finance, information systems and other assigned departments. Coaches and develops the teams reporting to the CFO, ensuring staff feel supported, aligned, and accountable.
- Oversees and certifies the annual audit and meets periodically with the outside auditors to maintain communications and keep them informed of organizational changes. Ensures that current accounting standards and legal requirements are met.
- Leads consistent, transparent communication with senior leadership on financial performance, including monthly updates on year-to-date budgets across all departments. Builds financial fluency and accountability across the executive team and fosters cross-departmental partnership to align strategy with resources.
- Actively engages the board in strategic and challenging financial conversations to advance the Y's impact. Serves as the lead staff partner to the Finance Committee of the Board, driving preparation, facilitation, and follow-up for all committee meetings. Builds strong volunteer relationships, ensures members are well-informed, and supports timely decision-making. Collaborates with other assigned board committees as needed (e.g., Audit, Investment, Insurance) to develop financial policies, monitor implementation, and meet the evolving needs of the organization.
- Anticipates trends and their implications on the future of the organization. Manages investments under the direction of the Investment Committee and consistent with the Investment Plan approved by the Board.
- Develops performance indicators and measurement systems for tracking strategic plan objectives. Evaluates current business models and leads efforts to modify or redesign business models where necessary.
- Leads improvements to finance systems and digital tools that support operational clarity and user-friendliness.
- Oversees preparation of reports to YMCA of the USA and governmental agencies. Oversees preparation of tax returns including IRS Form 990.
- Oversees the development of the annual operating budget, including all branch budgets. Guides the organization to make tough choices about what to stop, start, and continue. Works closely with operations staff to ensure that branch budgets are well-planned, realistic, and prepared in a timely manner. Contributes to inclusive decision-making and equitable resource allocation.
- Supports the planning, tracking, and financial management of capital project budgets, ensuring alignment with organizational priorities and funding sources.
- Establishes, maintains and/or monitors all banking and financing relationships.
- Maintains all necessary records and accounting reports and records all transactions on a timely basis.
- Maintains good working relationships with auditors, bankers, investment counselors, attorneys and other professional advisors.
LEADERSHIP COMPETENCIES:
- Critical Thinking & Decision Making
- Fiscal Management
- Program/Project Management
- Communication & Relationship Management
- Volunteerism
QUALIFICATIONS:
- Bachelor's degree in business, finance or equivalent; MBA, CPA or CMA preferred.
- Eight or more years of substantive experience in accounting and fiscal management.
- Knowledge and understanding of general business matters required including budget development, financial reporting, cash management, business taxes, banking and debt financing instruments.
- Knowledge of computer systems, including experience with system selection, new system implementation and project management.
- Personal computer skills required.
- Experience with investment management and asset allocation preferred.
- Demonstrated success in leading, developing, and retaining high-performing finance or operations teams.
- Previous experience with voluntary/nonprofit organizations preferred.
Compensation details: 00 Yearly Salary
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