Provides direction and leadership for YMCA finance and business operations. Oversees the YMCA’s financial matters and investments including accounting practices, the maintenance of its fiscal records, and the preparation of its financial reports. Ensures a system of cash handling procedures, strong internal controls and maintains fiscal soundness. Manages the annual external audit, the 990 tax return, the preparation of information for outside funders, and all investment accounts.
Areas of Responsibility:
- Monitors monthly financial operations including operating cash flow, prepares analysis and reports, and gives guidance to executive and operating staff. Works with staff on issues that affect financial outcome. Prepares specific recommendations.
- Manages the accounting staff and oversees the operations of the accounting/finance department including the adequacy and effectiveness of the accounting systems and internal controls. Arranges back-up for staff as needed.
- Oversees entire payroll process including payroll tax returns and annual W-2 filings.
- Oversees time and attendance/payroll system, gas/electric/phone contracts, property/liability insurance and business licensures to retain tax exempt status.
- Provides guidance to branches on business office functions including cash handling and accounts receivable.
- Works directly with assigned committee(s) of the board (Finance, Investment and Metro) to build volunteer relationships, develop policies, monitor their implementation and meet the related needs of the board.
- Manages the annual independent audit, the preparation of financial statements and the IRS 990 tax form. Prepares or oversees the preparation of required audit schedules; maintains records.
- Acts as liaison with YMCA Budget/Finance and Audit Volunteer Committee.
- 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.
- Oversees and provides leadership with Chief Operating Officer assistance to the annual budget process including: issuing guidelines, targets and procedures; training staff, auditing budgets, overseeing data input and preparing reports.
- Oversees preparation of reports to United Way, YMCA of the USA, external grant funders and governmental agencies. Oversees preparation of tax returns.
- Acts as coach to our Risk Management cabinet to assess overall risk and liabilities association-wide.
- Prepares or supervises the preparation of outside reports and filings.
- Oversees the month-end and year-end closings and the preparation of statements and reports.
- Collects and maintains data on all contracts and grants.
- Represents the YMCA with key community organizations and events as required.
- Develops appropriate reports regarding the Y’s investments and ensures that investments policies are being followed. Serves as liaison to the investment managers.
- Assists the CEO and COO in assessing organizational risks and ensuring that adequate and appropriate insurance coverage is in effect.
Educational Background:
Bachelor’s degree in accounting or finance; MBA, CPA or CMA preferred.Monitors monthly financial operations including operating cash flow, prepares analysis and reports, and gives guidance to executive and operating staff. Works with staff on issues that
Skills/Experience:
- Six to ten years of experience in accounting and financial 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 in effectively managing a staff team.
- Previous experience with voluntary/nonprofit organizations preferred.
Compensation/Benefits:
Salary: $90,000.00 - $105,000.00
Job Function:
Organization Info
Listing Stats
Post Date:
Sep 6 2018
Active Until:
Oct 7 2018
Hiring Organization:
YMCA of the USA
industry:
Nonprofit