Chief Financial Officer

YMCA
Salary
$240,000.00
$265,000.00
Resume Contact
[email protected]
Are you ready to make a profound impact in your community? 
Job Description

The YMCA of Metropolitan Washington is looking for a visionary Chief Financial Officer (CFO) to lead our financial strategy and help us continue to provide needed programs and services to our communities.  As the CFO, you'll be a key architech in building our financial future.  You'll provide strategic direction, ensure our financial health, and drive innovative financial solutions that align with our mission and goals.  If you're passionate about making a difference and have the expertise to lead our financial operations, we want to hear from you!

Qualifications
  • Experienced Leader: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field (MBA or CPA preferred) with at least 10 years of progressive financial management experience, including 5 years in a senior role in an organization of $50M or more.
  • Nonprofit Passion: Experience in nonprofit financial management, ideally within the YMCA or similar organizations.
  • Financial Expertise: Deep knowledge of accounting principles, financial reporting, budgeting, and analysis, with experience managing operating reserves and overhead efficiency.
  • Strategic Thinker: Strong leadership and strategic thinking skills, with a knack for solving complex problems.
  • Relationship Builder: Proven ability to collaborate and build strong relationships with branch leaders and stakeholders across multiple locations.
  • Excellent Communicator: Outstanding communication and interpersonal skills, capable of engaging diverse stakeholders.
  • Tech-Savvy: Proficiency in financial software and systems.
  • Innovative: A passion for forward-thinking tools and trends. Enjoy teaching others.
  • Mission-Driven: High integrity and a strong commitment to our mission and values.
Essential Functions
  • Strategic Leadership: In collaboration with the CEO and Senior Team, develop and implement forward-thinking financial strategies that support our mission and growth.
  • Financial Oversight: Lead budgeting, forecasting, financial planning, and reporting with precision and insight, optimizing our Productivity Ratio and managing overhead costs.
  • Collaboration Across Branches: Build strong relationships with branch leaders across the association, providing them with financial support, insights, and guidance to ensure the effective management of branch finances and alignment with the overall strategic plan.
  • Fundraising Partnership: Work with the development team to secure funding and increase revenue from fundraising efforts, ensuring diverse and sustainable revenue streams.
  • Compliance and Integrity: Ensure strict compliance with all regulations and policies, maintaining the highest standards of financial integrity and transparency.
  • Liquidity Management: Oversee liquidity to maintain appropriate level of operating reserves, ensuring financial resilience.
  • Team Development: Mentor and inspire our finance team, fostering a culture of excellence, customer service, and continuous improvement.
  • Board Engagement: Present clear, insightful financial reports to the Board of Directors, Finance Committee, and senior leadership.
  • External Relations: Manage key relationships with auditors, financial institutions, and stakeholders.
  • Risk Management: Identify and mitigate financial risks to protect and strengthen our organization.
  • Strategic Growth: Partner with the CEO on strategic growth, including real-estate management in the DMV.
  • Financial Controls: Implement robust financial policies to ensure transparency and accountability in a nonprofit environment

Why you should join us:

The YMCA offers a supportive and dynamic work environment that encourages personal and professional growth. By joining our team, you will have the opportunity to make a meaningful impact in the community while enjoying a range of benefits designed to support your overall well-being. Here are some of the benefits you can enjoy as an employee:

·         Impactful Work: Make a meaningful difference in your community every day.

·         Supportive Environment: Thrive in a collaborative, mission-driven workplace.

·         Competitive Compensation: Salary reflective of your skill and experience.

·         Relocation Support: Comprehensive relocation assistance to help ease your transition.

·         Medical, Dental, and Vision Insurance: Comprehensive plans to ensure you and your family can receive the care you need.

·         Wellness Programs: Y membership for you and your family to support your physical and mental health.

·         Retirement Plans to Secure your Financial Future: The Y will contribute 10% of your salary into the Y’s retirement savings plan. You also have the option to make additional contributions to the Y’s 403(b) and ROTH plans.

·         Work-Life Balance: Generous vacation, sick leave, and holidays.

·         Flexible Work Arrangements: Opportunities for flexible scheduling.

·         Training and Development: Access to professional development programs, workshops, and certifications.

·         Inclusive Environment: A commitment to diversity, equity, and inclusion ensuring all employees feel valued.

Cause-Driven Leadership Competencies

Mission Advancement: Incorporates the Y's mission and values into the organization's vision and strategies. Ensures community engagement; promotes the global nature of the Y. Leads a culture of volunteerism ensuring engagement, inclusion, and ownership. Leads a culture of philanthropy.

Collaboration: Advocates for and institutionalizes inclusion and diversity throughout the organization. Initiates the development of relationships with influential leaders to impact and strengthen the community. Is recognized as an inspirational community leader who navigates complex political and social circles with ease. Communicates to engage and inspire people within and outside the YMCA. Ensures that a talent management system is in place and executed effectively.

Operational Effectiveness: Possesses penetrating insight and strong strategic and critical thinking skills. Invests resources in well-designed innovation initiatives. Creates a structure to deliver organization-wide results to achieve objectives. Develops and implements stewardship strategies. Determines benchmarks and ensures appropriate leadership to meet objectives.

Personal Growth: Creates a learning organization. Effectively drives change by leveraging resources and creating alignment to expand organizational opportunities. Shares authority and demonstrates courage and humility. Has the functional and technical knowledge and skills required to perform well; uses best practices and demonstrates up-to-date knowledge and skills in technology.