The CFO serves on the CEO’s Senior Leadership Team, is a key contributor to the overall achievement of the Association’s strategic vision and provides leadership and direction to the finance team, consisting of 11 finance professionals.
Areas of Responsibility:
- Creates and establishes yearly financial objectives in conjunction with the Senior Leadership Team that align with the plans for growth and expansion
- Engages consultants, auditors, and investors to maximize opportunities for the Association
- Manages the audit process to achieve an efficient and positive outcome
- Leads, develops and submits annual budget as per organizational deadlines
- Participates in continual improvement of the budgeting process through education of department managers on financial issues impacting their budgets
- Prepares and presents monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division
- Maintains monthly operating budget and annual operating budget
- In conjunction with Senior Leadership team, develops budget presentations for the Board of Directors’ Finance Committee
- Reviews and ensures application of appropriate internal controls, compliance and financial procedures
- Guarantees timely and accurate financial and management reporting data for federal funders, foundations, investors, Board of Directors, and YUSA
- Oversees the preparation and timely filing of all local, state, and federal tax returns
- Ensures SOX compliance regarding all financial functions
- Serves as a key point of contact for external auditors
- Utilizes forward-looking models and activity-based analyses to provide financial insight into the Association’s plans and operating budgets
- Maintains outstanding banking relationships and strategic alliances with vendors and business partners
- Oversees weekly cash management and accounts payable, approves large payables, signs checks, authorizes large wires, and ACHs
- Completes the strategy and contractual arrangements for the Association’s real estate assessment process
- Mentors and develops a team of finance professionals, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic
- Recruits and hires high performing team members
- Promotes a Cause Centered Culture and collaborative work environment
Educational Background:
Master’s degree, CPA/CMA preferred
Skills/Experience:
- 15 or more year’s relevant experience
- Analytical and critical thinking skills; must be flexible and able to multi-task
- Strong level of knowledge about capital development, acquisitions, and financial instruments to support capital development projects, skilled in negotiations
- Able to collaborate with stakeholders across the organization
Job Function:
Organization Info
Listing Stats
Post Date:
Dec 23 2017
Active Until:
Jan 23 2018
Hiring Organization:
YMCA of the USA
industry:
Nonprofit