This position supports the work of the Y, a leading nonprofit committed to strengthening community through youth development, healthy living and social responsibility. Oversees and manages financial matters, investments and information systems. As a member of the senior management team, this position provides strategic direction and leadership for YMCA business operations and initiatives. Recommends related policies and ensures their implementation.
Areas of Responsibility:
- 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. Prepares specific recommendations.
- Manages the staff and oversees the operations of the business department.
- Works directly with the Finance Committee to build volunteer relationships, develop policies, monitor their implementation and meet the related needs of the board.
- 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.
- 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.
- Manages investments, under the direction of the Finance Committee, and within the risk tolerance expressed by the Board via the investment policy. Directly responsible for developing and managing the metro branch budget.
- Oversees preparation of reports to United Way, YMCA of the USA and governmental agencies. Oversees preparation of tax returns including IRS Form 990.
- 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.
- Manages tax-exempt bond transactions and files all necessary reports. Establishes, maintains and/or monitors all banking and financing relationships.
- Evaluates and manages the annual renewal of the association insurances policies including property/casualty, general liability, D & O, etc.
- 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.
- Attends meetings of the Senior Cabinet.
- Represents the YMCA with key community organizations and events as required.
- Performs other duties as assigned.
Educational Background:
Bachelor’s degree in business, finance or equivalent; MBA, CPA or CMA may be preferred.
Skills/Experience:
- Eight or more years of substantive 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 with investment management and asset allocation preferred.
- Experience in effectively managing a staff team.
- Previous experience with voluntary/nonprofit organizations preferred.
Compensation/Benefits:
Salary: $64,000.00 - $74,000.00
How to Apply:
Job Function:
Organization Info
Listing Stats
Post Date:
Aug 12 2019
Active Until:
Sep 12 2019
Hiring Organization:
YMCA of the USA
industry:
Nonprofit