Under the general direction of the Chief Financial Officer, the VP of Finance is responsible for leadership and management of the organization’s accounting functions, internal and external financial reporting, and tax compliance. The VP of Finance is responsible for, and will work to continuously improve, the creation and monitoring of internal controls and establishment and maintenance of organizational business/financial policies and procedures. In addition, the VP of Finance will provide business/finance leadership and guidance to YMCA operations and family center staff.
Areas of Responsibility:
- Accountable for the successful completion of assigned goals as measured by the effectiveness, accuracy and timeliness of tasks, within a framework of independent judgment and YMCA mission, policies, and goals.
- Financial accounting, internal and external financial reporting, tax compliance and internal controls function at high levels of quality.
- Family center staff are trained, knowledgeable, and monitored in aspects of organizational business processes and practices.
- Good teamwork exists with CFO, corporate staff, and center staff in furthering the goals and objectives of YMCA of South Hampton Roads.
Essential Functions
- Lead and manage the accounting function for a $50 Million+ organization with 25+ locations and over 2,500 employees: Oversee supervision of entire accounting department, including at least two direct reports. Manage monthly closing process, cash management and treasury functions, short-term investments and short-term borrowings.
- Manage and improve the organization’s financial accounting and reporting, including full ownership of internal and external reporting. Ensure accurate and timely reporting of all transactions.
- Report on monthly financial performance for internal management purposes. Provide information for monthly reports to the Board of Directors and its Committees. Reporting includes metrics covering all financial aspects of the organization, and is not limited to overall financial statements.
- Lead efforts to develop, evaluate, monitor and continuously improve financial / business practices throughout the organization. Create and maintain written financial policies and procedures.
- Periodically review, analyze, monitor, and document general ledger account activity and ensure that account balances are accurately stated. Monitor, reconcile, and report on data from subsystems, including payroll, revenue/receivables, fundraising, and expenditures. Ensure accounting and business procedures are documented and adhered to.
- Lead preparation and completion of year-end audits (including A-133, if necessary), as well as quarterly GAAP conversions. Monitor and report on compliance with loan covenants. Work with external auditors and accounting consultants. Ensure the timely and accurate completion of periodic financial reporting to outside organizations such as United Way, YMCA of the USA, banking institutions, etc. Prepare reports and meet filing requirements of governmental, regulatory, funding, and other outside agencies.
- Coordinate preparation and completion of tax returns, including Form 990, Form 990-T (if required), Form 5500, and all other required returns and forms. Monitor and manage organizational compliance with nonprofit and other IRS regulations
- Supervise Resource Operations Center (ROC) Director. Ensure billing, collections, and other accounting functions are performed efficiently and effectively. Foster excellent communication between the ROC and center staff. Balance financial results with operational goals, and ensure processes are documented and made available across the organization.
- Assist the CFO in leading an effective budgeting and forecasting process for the organization. Improve the processes and tools used for budgeting, with a focus on adding value. Work with the CFO to prepare budget guidelines and monitor compliance. Ensure chart of accounts guidelines are current and clear.
- Serve as a resource for Center Executives in the areas of accounting, finance, business processes / practices and strategy. Regularly communicate with center and corporate office leadership and ensure timely and effective finance department support for business functions throughout the organization. Work with VPs and Center Executives when new family center accounting issues are discovered, raised, or implemented.
- Ensure business practices executed at family centers are performed in the most efficient and effective manner. Responsibilities include staff training and education, assistance, and monitoring. Report any family center internal control and/or staff concerns to CFO.
- Continually design, establish, monitor and improve internal accounting controls
- Assist the CFO in identifying, investigating, and managing risk with respect to financial matters.
- Participate in the evaluation of strategic options and issues in finance and related areas.
- Serve as a liaison with various stakeholders, including Finance Committee, Audit Committee, and Endowment Committee members, software vendors, banking representatives, and other business related vendors. Serve on assigned internal staff committees.
- Interpret, communicate and promote YMCA mission, goals, and objectives to employees, volunteers, members and the community.
- Complete all assigned new employee trainings, including Blood borne Pathogens and Child Abuse Prevention.
- Complete YMCA certifications as defined by YMCA of South Hampton Roads.
- All other duties and projects assigned by the Chief Financial Officer.
Educational Background:
Bachelor’s degree in accounting.
Skills/Experience:
- CPA license.
- Ten years of experience in accounting and financial reporting with progressive experience managing accounting/finance staff. Experience with nonprofit accounting is beneficial but not required.
- Deep knowledge of accounting fundamentals, financial processes and internal controls.
- Aptitude for learning proprietary software and related research and reporting functionality.
- Proficiency with Microsoft Office Suite – Excel, Word and PowerPoint.
- Ability to communicate effectively, both orally and in writing, with people at all levels of technical knowledge.
- Ability to effectively supervise staff, and to develop and foster cooperative relationships within the corporate office, with family center staff, and with outside stakeholders.
- Analytical and problem-solving skills and ability to plan, develop, organize, manage and administer projects.
- Ability to set priorities and manage multiple concurrent tasks.
- Ability to read, analyze and interpret complex documents.
Compensation/Benefits:
The YMCA of South Hampton Roads is committed to the development of staff leadership. In addition to a robust benefit program, the YMCA of South Hampton Roads also provides training to secure a promising future for our employees and our association. Excellent benefits package includes competitive pay, generous time off, membership, health benefits and the industry leading 12% retirement plan.
Job Function:
Organization Info
Listing Stats
Post Date:
Sep 14 2018
Active Until:
Oct 14 2018
Hiring Organization:
YMCA of the USA
industry:
Nonprofit