Chief Financial Officer

Want more than a job and have a passion for making the community a better place? The YMCA of Coastal Carolina is the perfect place for you.
Job Description

Consistent with the Christian mission of the YMCA, the CFO 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. The CFO also positions the Y as a community convener and collaborator to address critical social issues.

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.
  • Personal computer skills required.
  • Experience with investment management and asset allocation preferred.
  • Experience in effectively managing a staff team.
  • Previous experience with voluntary/nonprofit organizations preferred.
  • Supports the YMCA’s commitment to child abuse prevention by:
    • Reporting any items that may provide a health or safety hazard to staff, members, or guests to your supervisor.
    • Following all policies and procedures related to keeping children safe in our facilities and programs, including those related to the monitoring and supervision of children.
    • Reporting any suspicious behavior and violation of policy and procedures to your supervisor.
  • CPR, First Aid, AED certifications and assigned safety training within 30 days of hire date. 
Essential Functions
  • Monitors monthly financial operations, prepares analysis, and reports, and gives guidance to executive and operating staff. Works closely with operations staff on issues that affect financial outcomes. Secures and allocates program or project 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 for the future of the organization. Manages investments, under the direction of the Investment 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 leads efforts 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.
Cause-Driven Leadership Competencies
  • Communication & Influence
  • Critical Thinking & Decision Making
  • Fiscal Management
  • Program/Project Management
Required Certifications

Bachelor’s degree in business, finance or equivalent; MBA, CPA or CMA preferred.