Chief Financial Officer

YMCA
Salary
$180,000.00
$205,000.00
Resumes Accepted Until
Resume Contact
[email protected]
Join the YMCA of Greater Long Beach as CFO and help strengthen communities through strategic financial leadership.
Job Description

The CFO is responsible for all financial matters for the YMCA of Greater Long Beach association.  Serves as a member of the CEO’s senior executive team, providing strategic leadership in association finances to advance the Y’s mission. The CFO provides staff leadership to the following committees: Finance Committee, Audit Committee, and the Investment Committee.  Must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing a finance staff of five and IT staff of two. Supports a decentralized association structure, in service to branches operations.

Qualifications

Education & Certifications:  Bachelor’s degree in business, finance, accounting or equivalent; MBA, CPA or CMA or equivalent preferred.  YMCA Organizational Leader certificate required within three years from date of hire.
Experience & Background:  Ten or more years of progressive experience in accounting and financial management.  Knowledge and understanding of general business matters required including budget development, financial reporting, cash management, banking and debt financing instruments.  Foundation and government grant accounting expertise.  Knowledge of computer systems, including experience with system selection, new system implementation and project management.  Experience with investment management and asset allocation preferred.  Experience in effectively managing an accounting staff team.  Previous experience with voluntary/nonprofit organizations preferred.  Ability to relate and communicate with top community leaders and lead volunteer committees.  

Essential Functions
  • Monitors monthly financial matters, prepares analysis, and reports, and gives guidance to executive and operating staff. Works closely with operations staff on issues that affect financial outcomes.
  •  Manages the staff and oversees the operations of the accounting/finance, payroll, and other assigned departments.
  • Works directly with assigned committees of the board to build volunteer relationship, develop policies, monitor their implementation, and meet the relative needs of the board.
  • Reviews, updates, and/or develops internal control systems and oversees internal audits which check for compliance on a variety of policies and standards.
  •  Oversees and certifies the annual state audit and general audit, meets periodically with the outside auditors to maintain communications, and keep them informed of changes. Ensures that current accounting standards and legal requirements are met.
  •  Manages investments, under the direction of the Finance and Investment Committees, upholding investment guidelines 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.
  • Oversees preparation of reports to the YMCA of the USA and governmental agencies. Oversees preparation of tax returns.
  • Oversees the development of the annual operating budget, including all branch budgets. Works closely with operations staff to ensure that branch budgets are well-planned, realistic, and prepared in a timely manner.
  • Oversees the IT function for the association and ensures dependable access to functional systems that are current and affordable.
  •  Establishes, maintains and/or monitors all banking and financing relationships.
  • Maintains all necessary records and accounting reports and all transactions on a timely basis.Maintains good working relationships with auditors, bankers, investment counselors, attorneys and other professional advisors.
  • Manage government and grant funded contracts and accounting.