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Vice President of Finance

This job is no longer available

Boston, MA, USA
Full-time

The YMCA of Greater Boston has an amazing opportunity for a dynamic Cause Driver Leader to become our next Vice President of Finance!

Oversees the organization’s finance and accounting practices and financial operations, including accounts payable, accounts receivable and payroll. In partnership with CFO, ensures a system of strong internal controls, best practices and preparation of its financial reports in accordance with Generally Accepted Accounting Principles (GAAP). Manages the annual external audits for the Organization, the 990 tax return and the preparation of reporting for outside lenders and other stakeholders.

Areas of Responsibility: 
  • Manages all functions of accounting and business operations, ensuring that legal and audit requirements are met and that best practices and maximum efficiency are obtained.
  • Implements appropriate systems and internal controls to adequately safeguard the YMCA’s financial resources and to provide a solid basis for accurately reporting financial data. Ensures that records are maintained in accordance with generally accepted accounting principles and meet all other requirements of third parties.
  • Hires, trains, and oversees assigned staff and provides direct supervision to same. Creates an environment of transparency, team building, and customer service to the entire organization.
  • Oversees the month-end and year-end closings and the preparation of all required financial statements and reports required by management, the Board, funders, lenders and other outside agencies. Analyzes financial results with respect to revenues, expenses, trends and compliance with budgets and applicable debt and financing covenants.
  • Manages the annual independent audits for the YMCA of Greater Boston, the preparation of financial statements and the IRS 990 tax form. Prepares and oversees the preparation of required audit schedules, maintains records, and acts as liaison with audit team.
  • Support CFO and COO in preparation of annual operating and capital budgets including reporting and analysis of budget projections, growth assumptions of revenue and cost variables and cash flow implications. Responsibility for specific analyses in support of existing budget guidelines such as endowment fund interest allocation, depreciation, and other non-controllable cost factors.
  • Serves as resource person association leadership and branch operations staff in financial planning and results management. Works with Association and branch staff to understand revenue and cost drivers and define appropriate reports for tracking.
  • Manages cash flows of organization, specifically in areas of working capital management, capital budgeting and debt service.
  • Works with Chief Financial Officer to maintain relationships with banking/lending/financial institutions and vendors.
  • Performs other business and financial initiatives as assigned.
Educational Background: 
Bachelor’s degree or higher in Accounting or Finance required; CPA preferred.
Skills/Experience: 
  • Ten (10) or more years of experience in an accounting and financial leadership role. Previous supervisory experience required.
  • Unquestionable integrity and collaborative leader with a passion for work, attention to detail and a true team player.
  • Strong organizational skills and effective communication skills to present information, gather feedback, and highlight risks, opportunities and key business points.
  • Experience in a nonprofit environment leading both accounting and financial planning and analysis function is required.
  • Experience operating in a complex multi-faceted organization. Ability to meet deadlines and flexibility to deal with shifting priorities.
  • Knowledge of and expertise with accounting and critical business systems and standard business software tools. Experience with system implementations preferred.
  • Advanced analytical skills necessary to analyze data from multiple business systems and provide meaningful reporting to stakeholders.

Organization Info

YMCA of the USA

Overview
Headquarters: 
Chicago, IL, United States
Annual Budget : 
$100-500M
Founded: 
1983
About Us
Mission: 

The YMCA mission is: To put Christian principles into practice through programs that build healthy spirit, mind and body for all. YMCA of the USA (Y-USA) is the national resource office for the Y, one of the nation's leading nonprofits strengthening communities through youth development, healthy living and social responsibility. Across the U.S., 2,700 Ys engage 22 million men, women and children – of all ages, incomes and backgrounds – to nurture the potential of children and teens, improve the nation's health and well-being and provide opportunities to give back and support neighbors. Anchored in more than 10,000 communities, the Y has the longstanding relationships and physical presence needed not just to promise, but also to deliver, lasting personal and social change.

Programs: 
  1. YOUTH DEVELOPMENT: Nurturing the potential of children and teens
  2. HEALTHY LIVING: Improving the nation’s health and well-being
  3. SOCIAL RESPONSIBILITY: Giving back and providing support to neighbors

Listing Stats

Post Date: 
Jun 30 2019
Active Until: 
Jul 30 2019
Hiring Organization: 
YMCA of the USA
industry: 
Nonprofit