Similar Positions
Chief Financial Officer
YMCA of Metropolitan Washington
Senior Accounts Payable Analyst – Treasury Services (Association Office)
YMCA of Greater New York
Controller
YMCA of Metropolitan Detroit
We are seeking a dynamic Chief Financial Officer to drive financial and IT strategy across both Stevens Point and South Wood County YMCAs.
Job Description
The Chief Financial Officer (CFO) will lead the financial and IT operations for both the Stevens Point Area YMCA and South Wood County YMCA. Reporting directly to the senior leadership teams of both YMCAs, the CFO will manage all financial matters, investments, and information systems, providing strategic direction and leadership to drive YMCA business operations and initiatives. This role will also serve as a community convener, addressing critical social issues and fostering community collaboration.
Qualifications
Bachelor’s degree in business, finance, or related field required.
MBA, CPA, or CMA preferred.
YMCA Organizational Leader certification preferred.
Six or more years of experience in accounting and fiscal management.
Comprehensive knowledge of budget development, financial reporting, cash management, and business taxes.
Experience with computer systems, including system selection and implementation.
Previous experience with nonprofit organizations preferred.
Proven ability to manage and lead a diverse team.
Essential Functions
- 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 YMCA 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 technology systems and other assigned departments.
- Oversees and certifies the annual audit and meets periodically with the outside auditors to maintain communications and keep them Informed of changes in the YMCA. Ensures that current accounting standards and legal requirements are met.
- Actively engages the board in challenging conversations and decision making to advance the Y's impact. Works directly with assigned committee(s) of the board (e.g., Finance, Insurance, Investment, Audit) to build volunteer relationships, develop policies, monitor their implementation and meet the related needs of the board.
- Anticipates trends and their implications on the future of the organization. Manages investments, under the direction of the Finance and Investment Committee(s), and within the risk tolerance expressed by the Board via the asset allocation policy.
- 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.
- Assists in preparation of reports to United Way, YMCA of the USA and governmental agencies.
- Oversees preparation of tax returns including IRS Form 990.
- Directs the development of the annual operating budget. Guides the organization to make tough choices about what to stop, start, and continue. Works closely with operations staff to ensure that budgets are well-planned, realistic, and prepared in a timely manner.
- Manages tax-exempt bond and/or new market tax credit transactions and files all necessary reports. 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.
Cause-Driven Leadership Competencies
Critical Thinking & Decision Making
Fiscal Management
Program/Project Management
Volunteerism