Chief Financial Officer - YMCA of Southern Maine

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Job Description

Our Mission: 

Building an inclusive and healthy community for all, regardless of ability to pay. 

Our Promise: 

We are the strongest when we promise to make sure everyone has the opportunity to learn, grow, and thrive at the Y. 

We accomplish that when we value the diversity of everyone’s personal beliefs, respect the rights to those beliefs, and we expect all to honor our core values of caring, honesty, respect and responsibility with one another — everything we do stems from that expectation. 

Accountability Pledge: 

I am responsible, self-empowered, and accountable for understanding, the role, the task, the final deliverable, and the due dates for every assignment given to me or that I take on. 

I am also responsible for understanding how my role fits into the association's (YMCA of Southern Maine) mission and organizational goals. 

It is up to me to be clear and successful in my role and to work with association wide team members to achieve the overall success of the YMCA of Southern Maine. 

If obstacles or conflicting priorities arise, it is still up to me to take the necessary steps to regain focus and create greater effectiveness.

No Fault. No Blame. No Guilt. 

Benefits:

Generous Paid Time Off Policy granted Immediately upon hire: 264 hours of PTO (prorated based on hire date), 40 hours of Floating Holiday and 9 paid Holidays. Cost shared premium with Health, Dental, and Vision. Employer paid Short & Long Term Disability and Life insurance, 7% employer contribution toward Retirement plan when eligible, optional 403(b) available immediately, free Individual or Family YMCA membership, casual work environment with a culture focused on relationship building and our mission.  

Position Summary: 

The Chief Financial Officer is a member of the President/CEO’s senior leadership team, providing strategic leadership for all financial aspects of the organization, including accounting systems, financial analysis, internal controls system, annual external audit, budget process, procedures, IT systems, and contractual arrangements.  

Under the direction of the President and CEO, and in collaboration with the senior leadership team, the Chief Financial Officer directs the development and analysis of financial and information services, processes and systems for the YMCA of Southern Maine in accordance with Our Mission, Our Promise, and Strategic Plan, ensuring the highest level of quality and accuracy.

Qualifications
  1. Bachelor’s degree in a financial, business administration or related field; Master’s degree and/or CPA certification preferred.
  2. Five or more years of professional leadership experience in financial management (nonprofit experience preferred).
  3. Ability to build genuine, respectful relationships and quickly establish credibility with people from all socio-economic segments and levels of leadership, and all dimensions of diversity.
  4. Ability to read and understand complex documents, including federal and state regulations, legal documents and financial reports and to apply principles of logical or financial thinking to a wide range of intellectual and practical problems; ability to deal with a variety of abstract and concrete variables; capacity to solve practical problems and design and implement work processes.
  5. Ability to effectively present information to management, public groups and the board of directors, verbally and in writing.
  6. A criminal background check is required and may include fingerprinting through the Office of Children and Family Services (OCFS), prior to hire.  
  7. The ideal candidate must be able to complete all physical requirements of the job with or without reasonable accommodation.   

 

Essential Functions

Essential Functions and Expectations: Using a collaborative approach, provide guidance and leadership for the organization, including: 

  • Operational Effectiveness: Possesses strong strategic and critical thinking skills. Creates a structure to deliver organization-wide results to achieve objectives. Demonstrates and sustains the Y’s nonprofit operational model. Has the functional and technical knowledge and skills required to perform successfully. Uses best practices and demonstrates up-to-date knowledge and skills in technology.
  • Oversees the hiring, training, accountability, development and supervision of the Finance team.
  • Ensures all accounting procedures are in accordance with GAAP.  
  • Ensures monthly financial reports are delivered with the highest level of accuracy and submitted to the CEO on a timely basis.
  • Under direction of the CEO’s vision and Association’s strategic goals, oversees the annual budgeting process to ensure accurate budgets.
  • Manages cash flow of YMCA, including collections and receivables, to ensure proper liquidity and adequate return within the risk deemed acceptable by the organization.  
  • Ensures financial records are properly maintained and internal controls are in place, communicated, and consistently implemented to across the Association.
  • Represents organization in financial audits.
  • Provides financial analysis and strategy.
  • Oversees YMCA information technology infrastructure and contracts, ensuring quality, reliable and secure systems.
  • Collaboration: Advocates for and institutionalizes inclusion and diversity throughout the organization. Communicates to engage and inspire people within and outside the YMCA. Ensures that all levels of staff understand their role in our Association’s financial success.   
  • Cultivates ongoing working relationships with representatives of the organization’s banking services, auditors, and other finance-related partnerships.
  • Serves as a committed and collaborative member of the Senior Leadership Team, identifying the Senior Leadership Team as their top priority.   
  • Mission Advancement: Ensures the Y’s mission, values, vision, and strategies are prioritized in their work. Ensures community engagement; promotes the global nature of the Y. Supports a culture of volunteerism and philanthropy.
  • Serves as staff leader, with CEO, to the Finance and Endowment Committees.
  • Performs special projects as directed by the CEO.
  • Supports the annual fundraising campaign as requested.
  • Adheres to all Y Brand guidelines and protocols.
  • Other duties as required.  
  • Personal GrowthSupports a learning organization. Effectively drives organizational priorities. Demonstrates core values of caring, honesty, respect and responsibility with courage and humility. Leads self and others through change by navigating ambiguity and adapting to new situations and opportunities.