Chief Financial Officer

YMCA
How to Apply
Apply Online
Resumes Accepted Until
JOIN THE DYNAMIC TEAM AT THE YMCA OF METROPOLITAN CHATTANOOGA - Chattanooga, TN Now Hiring a Chief Financial Officer
Job Description

Our City

Surrounded by mountains, rivers and lakes, Chattanooga and Hamilton County, Tennessee, offer a little bit of everything -- the fastest internet service in the western hemisphere, a thriving innovation business district and a booming downtown along the Tennessee River, brimming with shops, dining and history. Awarded Outdoor Magazine’s “Best Town Ever” title for two years, the Scenic City always delivers.

Economic highlights include:

  • Manufacturing Magnet- Since the late 1800s, Chattanooga has been a center of manufacturing prowess in the Southeast. Today, we are home to companies that make everything from Allegra allergy medicine to Volkswagen automobiles.
  • Financial Services and Technology- Thousands of Chattanooga employees work in the financial services and technology sectors. Insurers like Blue Cross Blue Shield of Tennessee and UNUM were born here and we have a thriving base of young technology and logistics companies experiencing exponential growth.
  • Entrepreneurial Ecosystem- Chattanoogans were the first to put Coca Cola in a bottle. We invented the tow truck. Today, we are building on this legacy with a strong infrastructure to support Chattanooga business owners.

Our Y

The YMCA of Metropolitan Chattanooga operates on annual revenues of $23M per year. We are a YMCA focused on strengthening our long-term capacity to serve our region, and we know that we must be able to respond creatively to the challenging demands of our stakeholders.

The YMCA of Metropolitan Chattanooga operates four family branches, one resident camp, three Y-CAP locations and two community branches serving 120 program sites in five counties including North Georgia. We have nearly 1,000 staff team members serving program members and participants across our footprint. We are proud of our over 150 years of service to the community, but we remain even more so hopeful about the impact yet to come.

Job Description

Under the supervision of the President and CEO, the CFO is responsible for the development, analysis, and implementation of the strategies that strengthen the asset base of the 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.

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.
Essential Functions
  • 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.
Cause-Driven Leadership Competencies

Resource Developer:  Tells the YMCA story in a compelling way that influences others to donate both time and resources to support the YMCA mission and strategy. Staff must be able to articulate how the YMCA is a charitable organization.

Mission Advancement: Incorporates theY’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, ownership, and 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. 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.

Operational Impact:  Continually seeks to master job demands to assist priority setting and planning, i.e., participates in Association initiatives.