Finance Director

Description

We are seeking an individual who values integrity, accountability, collaboration and responsible stewardship to protect the financial health, strengthen financial decision-making, develop capable staff, and ensure resources are used effectively to advance the YMCA's mission. The Director of Finance is a key member of the leadership team, providing strategic leadership and oversight of finance, IT and business operations. This position oversees budgeting, forecasting, reporting, and business office operations while providing the Executive Director, Finance Committee, and Board of Directors with financial insight to support sound decisions. 

Requirements

ESSENTIAL FUNCTIONS:

1. Strategic Planning & Financial Leadership: Translate organizational goals into actionable financial and operational plans, establishing priorities, performance indicators, and accountability measures to support the YMCA’s strategic objectives.

2. Financial Management & Accounting Operations: Oversee all accounting and financial operations, ensuring accurate financial records, efficient business practices, regulatory compliance, and timely completion of month-end and year-end financial closings.

3. Budget Development & Oversight: Lead the annual budgeting process, including establishing guidelines, training staff, reviewing departmental budgets, monitoring financial performance, and providing ongoing budget analysis and recommendations.

4. Financial Reporting, Audit & Compliance: Oversee the preparation of financial statements, annual independent audits, IRS Form 990, and required financial reports and filings, ensuring compliance with applicable accounting standards, legal requirements, and grant obligations.

5. Financial Analysis & Strategy:  Responsible for financial performance analysis, forecasting, cash flow management, and capital planning.

6. Internal Controls & Risk Management: Develop, implement, and monitor financial policies, procedures, and internal controls to safeguard organizational assets, ensure accurate reporting, and oversee business insurance and financial risk management practices.

7. Treasury, Investment & Financial Relationships: Manage banking, financing, and investment activities; maintain relationships with financial institutions and professional advisors; and provide financial analysis and recommendations to the Finance and Investment Committees.

8. Payroll & Administrative Oversight: Oversee payroll administration, compensation-related processes, insurance, information systems, and related vendor relationships to ensure accurate, compliant, and efficient administrative operations.

9. IT Oversight: Oversees the organization’s information technology (IT) assets, systems, and service providers, ensuring reliable, secure, and cost-effective technology operations. Manages technology inventory, maintenance, upgrades, vendor relationships, and technical support to meet operational needs and support organizational efficiency.

10. Staff Leadership & Development: Recruit, hire, train, supervise, and evaluate assigned finance, accounting, and administrative staff, fostering accountability, professional development, and alignment with YMCA values and organizational goals.

11. Organizational Collaboration & Community Engagement: Serve as a financial resource and strategic partner to executive leadership, staff, and board committees; represent the YMCA with community partners and professional organizations; and perform other duties as assigned.

QUALIFICATIONS:

1. Bachelor's degree in accounting, finance, business administration, or a related field, or an equivalent combination of education and relevant professional experience. CPA, CMA, or MBA preferred but not required.

2. Five or more years of progressively responsible experience in accounting or financial management, with demonstrated success in financial planning, reporting, budgeting, and organizational financial stewardship.

3. Strong knowledge of generally accepted accounting principles (GAAP), financial reporting, budgeting, forecasting, cash flow management, internal controls, audit preparation, and financial risk management. 

4. Demonstrated ability to serve as a strategic financial partner to executive leadership, providing financial analysis, actionable insights, and recommendations that support sound business decisions

5. Proven ability to lead, coach, and develop staff, establish clear expectations and promote accountability. Experience building financial knowledge and decision-making capabilities among managers and emerging leaders.

6. Advanced proficiency in Microsoft Excel, financial analysis, and accounting systems. Demonstrated ability to leverage technology, strengthen financial processes, improve reporting efficiency, and support system implementation or optimization. Experience with Paylocity and/or Daxko preferred but not required.

7. Understanding of nonprofit financial management principles, including fund accounting, restricted contributions, grant reporting, nonprofit financial statements, and regulatory compliance, preferred. Prior nonprofit experience is desirable but not required.

8. Ability to collaborate effectively with external financial advisors, auditors, banking partners, and other professional service providers.

9. Demonstrated commitment to ethical leadership, financial transparency, confidentiality, accountability, and responsible stewardship of organizational resources.