POSITION TITLE: Chief Financial Officer
REPORTS TO: Chief Executive Officer
STATUS: Part-Time, Non-Exempt
PAY RANGE: $50-$55/hour
POSITION SUMMARY:
This position supports the work of the Y, a leading nonprofit, charitable organization committed to strengthening community through youth development, healthy living and social responsibility. The Chief Financial Officer at B.R. Ryall YMCA serves on the senior leadership team and leads financial strategy and operations.
ESSENTIAL FUNCTIONS:
1. Conducts financial planning and analysis, including variance analysis, forecasting, and budget oversight.
2. Leads the annual budgeting process, developing system models, financial plans, and providing training and support to departmental users.
3. Monitors financial operations, prepares analysis and reports, and provides guidance to executive and operating staff.
4. Reviews, updates, and develops internal control systems; oversees internal audits to ensure compliance with policies and standards.
5. Leads the Board Finance Committee and partners with the CEO, senior leadership team, and program areas to align efforts.
6. Manages investment strategies in coordination with the Investment Committee and Board of Directors.
7. Supervises accounting month-end financial close and financial statement preparation.
8. Develops key performance indicators and measurement systems to track strategic plan objectives.
9. Ensures proper internal controls to safeguard assets, periodically reviewing and updating as needed.
10. Attends staff, committee and board meetings as required.
YMCA CORE VALUES:
Caring: Demonstrates a sincere concern for others, for their needs and well-being. Shows compassion, forgiveness, generosity and kindness.
Honesty: Tells the truth, demonstrates reliability and trustworthiness through actions that are in keeping with stated positions and beliefs. A person of integrity and fairness.
Respect: Treats others as they would like to be treated. Values the worth of every individual, including themselves. Shows acceptance, empathy, self-respect and tolerance.
Responsibility: Does what is right. Accountable for their choices of behavior and actions and promises. Shows commitment, courage, good health, service, professionalism and citizenship.
YMCA COMPETENCIES:
Mission Advancement: Models and teaches the Y’s values. Ensures a high level of service with a commitment to changing lives. Provides volunteers with orientation, training, development, and recognition. Cultivates relationships to support fund-raising.
Collaboration: Champions inclusion activities, strategies, and initiatives. Builds relationships to create small communities. Empathetically listens and communicates for understanding when negotiating and dealing with conflict. Effectively tailors communications to the appropriate audience. Provides staff with feedback, coaching, guidance and support.
Operational Effectiveness: Provides others with frameworks for making decisions. Conducts prototypes to support the launching of programs and activities. Develops plans and manages best practices through engagement of team. Effectively creates and manages budgets. Holds staff accountable for high-quality results using a formal process to measure progress.
Personal Growth: Shares new insights. Facilitates change; models adaptability and an awareness of the impact of change. Utilizes non-threatening methods to address sensitive issues and inappropriate behavior or performance. 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. Continually strives for improvement and the pursuit of personal/professional development.
QUALIFICATIONS:
1. Bachelor's degree in business, finance, or related field; MBA, CPA, or CMA preferred.
2. 7+ years of professional experience in accounting, financial planning, and fiscal management.
3. Knowledge and experience in budget development, financial reporting, forecasting, cash management, business taxes, banking, and debt financing.
4. Strong expertise in financial software, system implementation, and project management.
5. Experience working with many different constituencies or stakeholders ranging from the Board of Directors to budget managers.
6. Experience managing investment portfolios and asset allocation strategies preferred.
7. Previous experience in nonprofit financial management preferred.
8. Strong communication and presentation skills with the ability to convey financial concepts clearly.
9. Strong attention to detail and ability to prioritize and manage multiple projects.
10. Ability to relate effectively to diverse groups of people from all social and economic segments.
Pay: $50.00 - $55.00 per hour
Work Location: Hybrid remote in Glen Ellyn, IL 60137
