Job Opportunity: YMCA of WNC Chief Financial Officer

Outstanding benefits include health insurance, generous paid time off, retirement plan, free Y membership, and discounts on afterschool childcare and summer camp The Chief Financial Officer (CFO) of the YMCA of Western North Carolina reports to the President and CEO and serves on the CEO’s senior leadership team. The CFO oversees and manages financial matters, investments and information systems and provides strategic direction and leadership for YMCA business operations and initiatives. The Chief Financial Officer also positions the Y as a community convener and collaborator to address critical social issues. This position requires a cause-driven, visionary, inspiring leader who communicates well and excels at problem solving and process improvement efforts. This leader must work effectively with staff, the Board of Directors, community and local leaders, donors, and volunteers to maintain the Y’s position as a community leader. This position will require the skill sets and background to successfully rebuild and re-engage the Y’s multisite, multiprogram, complex organization through these pandemic-impacted times and beyond. Essential functions Monitors monthly financial operations, prepares analysis and reports, and gives guidance to executive and operating staff. Works closely with operational staff on issues that affect financial outcomes. Secures and allocates resources so that strategic objectives can be achieved. Prepares specific recommendations. Reviews, updates, and/or develops internal control systems for the YMCA and oversees internal audits which check for compliance on a variety of policies and standards. Provides recommendations for improvement. Manages the staff and oversees the operations of the accounting/finance, information systems and other assigned departments. Oversees and certifies the annual audit and meets periodically with the outside auditors to maintain communications and keep them informed of changes in the YMCA. Ensures that current accounting standards and legal requirements are met. Actively engages the board in challenging conversations and decision making to advance the Y’s impact. Works directly with assigned committee(s) of the board (e.g., Finance, Insurance, Investment, Audit) to build volunteer relationships, develop policies, monitor their implementation and meet the related needs of the board. Anticipates trends and their implications on the future of the organization. Manages investments, under the direction of the Finance Committee, and within the risk tolerance expressed by the Board via the asset allocation policy. Develops performance indicators and measurement systems for tracking strategic plan objectives. Evaluates current business models and works closely with operations staff to modify or redesign business models where necessary. Oversees preparation of reports to United Way, YMCA of the USA and governmental agencies. Oversees preparation of tax returns including IRS Form 990. Oversees the development of the annual operating budget, including all branch budgets. Guides the organization to make tough choices about what to stop, start, and continue. Works closely with operations staff to ensure that branch budgets are well-planned, realistic, and prepared in a timely manner. Manages tax-exempt bond transactions and files all necessary reports. Establishes, maintains and/or monitors all banking and financing relationships. Maintains all necessary records and accounting reports and records all transactions on a timely basis. Maintains good working relationships with auditors, bankers, investment counselors, attorneys and other professional advisors. Qualifications Bachelor’s degree in business, finance or equivalent; MBA, CPA or CMA preferred. YMCA Organizational Leader certification preferred. Eight or more years of substantive experience in accounting and fiscal management. Knowledge and understanding of general business matters required including budget development, financial reporting, cash management, business taxes, banking and debt financing instruments. Knowledge of computer systems, including experience with system selection, new system implementation and project management. Experience with investment management and asset allocation preferred. Experience in effectively managing a staff team. Previous experience with nonprofit organizations preferred. Benefits package Medical, dental, and vision insurance Group life insurance and long-term disability paid by the Y; short-term disability, term life insurance and dependent life insurance available for purchase Generous paid time off Retirement plan with current employer contribution of 12% of salary (subject to minimum requirements) Free YMCA membership Discounts on afterschool childcare and summer camp How to apply The application deadline for this position is

May 14, 2021 . Go to https://ymcawnc.org/careers

and click on the Administration button to apply. The YMCA of WNC does not discriminate in employment opportunities or practices on the basis of race, color, faith, gender, pregnancy, national origin, age, disability, sexual orientation, gender identity, veteran status, citizenship status, genetic information, gender expression, or any other characteristic protected by applicable law, except where a bona fide occupational qualification applies.

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