The Y’s mission and broad range of services continue to be of high need and significant benefit to the communities of Greater Seattle. This is a time of growth as the Y opened a new branch in Sammamish in 2016 with plans to begin construction in 2018 for a branch in Kent as well as plans for a major replacement of the University District Y. Annual revenue for 2017 was over $100 million with expenses just above $90 million. The excess of revenue is primarily the result of a multi-year capital campaign. Total assets exceed $225 million with net assets of approximately $180 million.
With a holistic organization perspective, focused on the achievement of the mission, the CFO position ensures the Seattle Y’s present and future financial viability and utilizes technology systems to have efficient operations and metrics to manage performance, and is responsible for having strong risk management policies and processes. The CFO serves as a key member of the senior leadership team and participates in general management and decision-making. An overriding goal of the senior leadership team is to strengthen the foundations of our communities through aligned, equitable, productive, collaborative and sustained internal and external partnerships.
The CFO reports to the CEO and:
- provides fiscal leadership for strategic initiatives and collaborates with operations in evaluating and assisting with their financial plans and economic modeling,
- engages in and provides management recommendations concerning financial strategic and tactical planning,
- provides senior leadership staff support to the board of directors and the board finance, audit, insurance and investment committees,
- oversees and directs the general financial, investment, information systems, risk management affairs, and member and donor services of the Association.
- Commitment to the missions of youth development, healthy living and social responsibility.
- Desire to being a leader in an organization committed to diversity and social equity. Able to analyze vendor relationships from a social equity perspective, not just the lowest price.
- Successful financial management in organizations with $100+M in revenues, derived from multiple sources.
- Direct experience with investment management, asset allocation, bond financing and other complex investment instruments.
- Direct experience working with Boards of Directors and Board Committees.
- Experience with voluntary/non-profit organizations
- Knowledge of, and previous experience with, diverse populations (language, culture, race, physical ability, sexual orientation, etc.).
- Strong financial planning and analysis skills.