The CFO is responsible for the development, analysis, and implementation of the strategies that strengthen the asset base of our YMCA Association regarding all revenue sources, fund investment, and properties. This would include operations; investment portfolios; developing capital financing programs; supervision of the Association’s capital development and construction programs; developing a variety of facility models and analysis for service delivery; and ensuring risk controls, risk management, purchasing and conducting annual audits in a way to ensure the fiscal viability of the Association.

• Provides strategic direction, analysis, and support for financial accounting, risk management, purchasing, record keeping, reporting and compliance with regard to the legal, tax and audit requirements. Sets annual budget targets and ensures effective management of investment portfolio.
• Supervises accounting, business operations, IT, and risk management functions.
• Oversees and provides strategic direction and analysis for all financing by the Association to include leasing, banking, and other relationships to ensure the association is properly financed.
• Develops reliable operating pro-formas, financial modeling, and analysis to identify opportunities and risks associated with projects, ventures and programs.
• Develops strategic plans for all purchasing in the Association and works with the YMCA Purchasing Group to negotiate vendor agreements, bids, contracts and services to ensure optimum service and pricing for the Association.
• Mentors, coaches, trains, and develops staff and associates to ensure succession, proper staffing levels, and skills to manage all areas of responsibility.
• Assists in establishing yearly objectives, meeting agendas, selecting, and engaging outside consultants, including auditors and investment advisors.
• Oversees long-term budgetary planning and cost management in alignment with the Y’s strategic plan, especially as the Association considers potential acquisitions and collaborations with external organizations.
• Manages cash flow and forecasting. Develops a reliable cash flow projection process and reporting mechanism that includes minimum cash thresholds to meet operating needs. Optimizes the handling of bank relationships and initiates appropriate strategies to enhance cash positions.
• Manages and tracks the performance of the Y’s endowment fund in keeping with the policies and investment guidelines established by the Investment Committee of the Board of Trustees.
• Provides leadership and staff support around issues, trends, and changes in operating models and operational delivery to the Finance, Executive, Metro Board and other Association/Branch Boards and ad hoc committees as necessary.
• Oversees Association capital development program and provides support to the capital planning committee.
• Provides support to the President/CEO, Board of Directors and committees as needed.
• Performs other duties as required to ensure the success of the Association.

Qualifications

• 10-15 years of broad finance experience, including a strong understanding of fund accounting and the ability to evaluate complex financial information resulting in actionable recommendations to senior leadership; experience managing finance, IT, and construction and facility functions within a diverse, division-based entity.
• 4-year degree in accounting, finance or business. Prefer MBA. CPA a plus.
• Demonstrate a passion for the Y’s mission; a hands-on leader with integrity and a desire to work in a dynamic and collaborative environment.
• Mature and proactive, with evidence of having worked as a true business partner to the CEO of a multi-divisional organization. If coming from the for-profit world, nonprofit board experience is preferred.
• Creativity and experience funding activities in ways that both cover costs and generate operating margins.
• Ability to build effective teams, use effective performance management techniques, manage staff and motivate peers as well as subordinates.
• Ability to do complex modeling, manipulate data within spreadsheets and other mediums and report in understandable terms.
• Ability to use the computer, business equipment and required software in the performance of duties.
• Ability to do statistical modeling, complex math analysis, ratios, and use new technologies.
• Ability to communicate effectively including written and oral presentations, public speaking and reporting financial data in understandable terms.
• Adherence to all policies, standards, and behaviors consistent with employees of the YMCA. Modeling leadership behaviors consistent with a senior executive.