Ymcafw
Chief Financial Officer
Ymcafw, Fort Worth, Texas, United States, 76102
Downtown YMCA, Fort Worth, Texas, United States of America
Job Description
Posted Tuesday, February 20, 2024 at 6:00 AM | Expires Saturday, March 16, 2024 at 4:59 AM Join our YMCA team as the next Chief Finance Officer! The position of Chief Financial Officer requires exceptional financial leadership and strategic planning skills; a deep understanding of financial management in the nonprofit sector; and the ability to align financial strategies with the mission and goals of the YMCA of Metropolitan Fort Worth. The CFO must also possess effective communication skills to convey financial information to diverse stakeholders, utilizing both traditional and modern communication channels to promote financial transparency and ensure the fiscal health of the organization. AWARENESS & KNOWLEDGE
Possess a deep understanding of nonprofit financial management. Stay informed about industry trends and best practices. Maintain awareness of the unique challenges and opportunities in our community. Oversee and manage information systems. Offer strategic direction for YMCA business operations and initiatives. Position YMCA of Metropolitan Fort Worth as a community convener and collaborator. Work closely with the CEO and senior leadership to drive financial excellence. PROVEN SKILLS
Demonstrated track record of financial leadership and success in a nonprofit or similar setting. Strong financial analysis and forecasting skills. Exceptional communication and interpersonal skills, including the ability to collaborate with diverse stakeholders. Proven ability to develop and implement financial strategies that align with organizational goals. Effective leadership and management skills to lead a finance team. IDEAL CANDIDATE
Passionate commitment to the YMCA's mission of youth development, healthy living, and social responsibility. A strategic business partner who can work well with a visionary CEO in financial matters. A collaborative and inclusive leader who fosters teamwork and cooperation. Dedication to living and promoting the YMCA's core values of welcoming, nurturing, hopefulness, determination, and genuineness. Residing in the community served by the YMCA of Metropolitan Fort Worth. Significant experience in nonprofit financial management with a proven track record of success. JOB DESCRIPTION
The YMCA of Metropolitan Fort Worth is seeking a dynamic CFO to provide strategic leadership while conducting a culture of financial excellence and organization. This position supports the work of the YMCA of Metropolitan Fort Worth, which consists of 12 locations. The Chief Financial Officer serves on the CEO's senior leadership team; oversees and manages financial matters, investments, and information systems; and provides strategic direction and leadership for YMCA business operations and initiatives. EDUCATION
Bachelor's degree in business, finance, or related discipline; MBA, CPA, or CMA strongly preferred. YMCA leadership certification required within three years from date of hire. SKILLS/EXPERIENCE
Five+ years of substantive, relevant experience in accounting and fiscal management. Leadership experience totaling a minimum of five years, which includes managing teams. Knowledge and understanding of general business matters required, including budget development, financial reporting, cash management, business taxes, and debt financing instruments. Knowledge of computer systems, including experience with systems selection, new system implementation, and project management. Experience with investment management and asset allocation preferred. Experience in effectively leading and managing a staff team. Previous experience with volunteer/nonprofit organization required. Develop and implement financial strategies that support the organization's mission and goals. Lead and manage all financial operations, including accounting, budgeting, forecasting, and financial analysis. Anticipate trends and their implications on the future of the organization. Oversee investments through a professional management company and under the direction of the Finance Committee. Oversee compliance with Federal contracts, New Market Tax credit agreements, and tax-exempt bond transactions. Manage tax-exempt bond transactions and file all necessary reports. Oversee financial operations, prepares analysis and reports, and give guidance to executive and operating staff. Review, update, and/or develop internal control systems for YMCA of Metropolitan Fort Worth and oversee internal audits. Lead and manage staff and oversee the operations of the accounting/finance and information systems and other assigned departments. Oversee and certify the annual audit. Actively engage with the Board and the Finance Committee in challenging conversations and decision making. Develop performance indicators and measurement systems for tracking strategic plan objectives. Oversee the development of the annual operating budget, including all branch budgets. Maintain all necessary records and accounting reports. Maintain effective working relationships with auditors, bankers, investment counselors, attorneys, and other professional activities. COMPENSATION & BENEFITS
The YMCA of Metropolitan Fort Worth offers a competitive salary and benefits package for selected candidates. The yearly salary range for this role is between $175,000 to $190,000, which will be determined based on the candidate's experience and qualifications. In addition to the base salary, an end-of-year bonus will be available. Additionally, as a demonstration of our commitment to helping you transition to our community, the YMCA of Metropolitan Fort Worth is pleased to offer a relocation benefit of up to $20,000. The YMCA provides competitive health benefits, a well-rounded wellness program, and a 403-B Retirement Fund paid fully at 12% of your total salary each year. THE SELECTION PROCESS & TIMELINE
Position launch by end of February. Application acceptance through March 15th - must include cover letter, resume, and six references. Qualified candidates that demonstrate alignment will be contacted throughout March for an initial Zoom introductory conversation. Applications will close promptly on March 15th. Preliminary interviews will be held on Zoom. Following preliminary interviews, selected candidates will be called to set up in-person interviews in Fort Worth. Following the face-to-face interview process, final candidates will be selected. This job description is not intended to be all-inclusive. It is understood that the employee will also perform other reasonable association duties and will be responsible for implementation of the policies, procedures, and standards established by the Metropolitan Board, the branch Board of Managers, and the Association Leadership. Downtown YMCA, Fort Worth, Texas, United States of America
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Posted Tuesday, February 20, 2024 at 6:00 AM | Expires Saturday, March 16, 2024 at 4:59 AM Join our YMCA team as the next Chief Finance Officer! The position of Chief Financial Officer requires exceptional financial leadership and strategic planning skills; a deep understanding of financial management in the nonprofit sector; and the ability to align financial strategies with the mission and goals of the YMCA of Metropolitan Fort Worth. The CFO must also possess effective communication skills to convey financial information to diverse stakeholders, utilizing both traditional and modern communication channels to promote financial transparency and ensure the fiscal health of the organization. AWARENESS & KNOWLEDGE
Possess a deep understanding of nonprofit financial management. Stay informed about industry trends and best practices. Maintain awareness of the unique challenges and opportunities in our community. Oversee and manage information systems. Offer strategic direction for YMCA business operations and initiatives. Position YMCA of Metropolitan Fort Worth as a community convener and collaborator. Work closely with the CEO and senior leadership to drive financial excellence. PROVEN SKILLS
Demonstrated track record of financial leadership and success in a nonprofit or similar setting. Strong financial analysis and forecasting skills. Exceptional communication and interpersonal skills, including the ability to collaborate with diverse stakeholders. Proven ability to develop and implement financial strategies that align with organizational goals. Effective leadership and management skills to lead a finance team. IDEAL CANDIDATE
Passionate commitment to the YMCA's mission of youth development, healthy living, and social responsibility. A strategic business partner who can work well with a visionary CEO in financial matters. A collaborative and inclusive leader who fosters teamwork and cooperation. Dedication to living and promoting the YMCA's core values of welcoming, nurturing, hopefulness, determination, and genuineness. Residing in the community served by the YMCA of Metropolitan Fort Worth. Significant experience in nonprofit financial management with a proven track record of success. JOB DESCRIPTION
The YMCA of Metropolitan Fort Worth is seeking a dynamic CFO to provide strategic leadership while conducting a culture of financial excellence and organization. This position supports the work of the YMCA of Metropolitan Fort Worth, which consists of 12 locations. The Chief Financial Officer serves on the CEO's senior leadership team; oversees and manages financial matters, investments, and information systems; and provides strategic direction and leadership for YMCA business operations and initiatives. EDUCATION
Bachelor's degree in business, finance, or related discipline; MBA, CPA, or CMA strongly preferred. YMCA leadership certification required within three years from date of hire. SKILLS/EXPERIENCE
Five+ years of substantive, relevant experience in accounting and fiscal management. Leadership experience totaling a minimum of five years, which includes managing teams. Knowledge and understanding of general business matters required, including budget development, financial reporting, cash management, business taxes, and debt financing instruments. Knowledge of computer systems, including experience with systems selection, new system implementation, and project management. Experience with investment management and asset allocation preferred. Experience in effectively leading and managing a staff team. Previous experience with volunteer/nonprofit organization required. Develop and implement financial strategies that support the organization's mission and goals. Lead and manage all financial operations, including accounting, budgeting, forecasting, and financial analysis. Anticipate trends and their implications on the future of the organization. Oversee investments through a professional management company and under the direction of the Finance Committee. Oversee compliance with Federal contracts, New Market Tax credit agreements, and tax-exempt bond transactions. Manage tax-exempt bond transactions and file all necessary reports. Oversee financial operations, prepares analysis and reports, and give guidance to executive and operating staff. Review, update, and/or develop internal control systems for YMCA of Metropolitan Fort Worth and oversee internal audits. Lead and manage staff and oversee the operations of the accounting/finance and information systems and other assigned departments. Oversee and certify the annual audit. Actively engage with the Board and the Finance Committee in challenging conversations and decision making. Develop performance indicators and measurement systems for tracking strategic plan objectives. Oversee the development of the annual operating budget, including all branch budgets. Maintain all necessary records and accounting reports. Maintain effective working relationships with auditors, bankers, investment counselors, attorneys, and other professional activities. COMPENSATION & BENEFITS
The YMCA of Metropolitan Fort Worth offers a competitive salary and benefits package for selected candidates. The yearly salary range for this role is between $175,000 to $190,000, which will be determined based on the candidate's experience and qualifications. In addition to the base salary, an end-of-year bonus will be available. Additionally, as a demonstration of our commitment to helping you transition to our community, the YMCA of Metropolitan Fort Worth is pleased to offer a relocation benefit of up to $20,000. The YMCA provides competitive health benefits, a well-rounded wellness program, and a 403-B Retirement Fund paid fully at 12% of your total salary each year. THE SELECTION PROCESS & TIMELINE
Position launch by end of February. Application acceptance through March 15th - must include cover letter, resume, and six references. Qualified candidates that demonstrate alignment will be contacted throughout March for an initial Zoom introductory conversation. Applications will close promptly on March 15th. Preliminary interviews will be held on Zoom. Following preliminary interviews, selected candidates will be called to set up in-person interviews in Fort Worth. Following the face-to-face interview process, final candidates will be selected. This job description is not intended to be all-inclusive. It is understood that the employee will also perform other reasonable association duties and will be responsible for implementation of the policies, procedures, and standards established by the Metropolitan Board, the branch Board of Managers, and the Association Leadership. Downtown YMCA, Fort Worth, Texas, United States of America
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