Merrimack Valley YMCA
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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 the Merrimack Valley YMCA 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 Chief Financial Officer also positions the Y as a community convener and collaborator to address critical social issues. 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 the Merrimack Valley YMCA 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 Chief Financial Officer also positions the Y as a community convener and collaborator to address critical social issues.
Our Culture
Our mission and core values are brought to life by our culture. In the Y, we strive to live our cause of strengthening communities with purpose and intentionality every day.
We are welcoming:
we are open to all. We are a place where you can belong and become.
We are genuine:
we value you and embrace your individuality.
We are hopeful:
we believe in you and your potential to become a catalyst in the world.
We are nurturing:
we support you in your journey to develop your full potential.
We are determined:
above all else, we are on a relentless quest to make our community stronger beginning with you.
Essential Functions
Monitors monthly financial operations (both restricted and unrestricted), prepares analysis and reports, and gives guidance to executive and operating staff. Works closely with operations staff on issues that affect financial outcome. 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 (hiring, supervision, training, development, and evaluation) and oversees the operations of the accounting/finance, payroll, 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, 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 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 YMCA of the USA, governmental agencies and other entities as appropriate. Oversees preparation of tax returns including Federal IRS Form 990 and the State Public Charities Report. Oversees the development of the annual operating budget, including all branch and capital 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 ensure the recording of all transactions on a timely basis. Maintains good working relationships with auditors, bankers, investment counselors, attorneys and other professional advisors. Develops strategy for association purchasing to review, negotiate and approve vendor agreements, bids, contracts and services to ensure optimum service, pricing and protection for the association.
Leadership Competencies
Critical Thinking & Decision Making Fiscal Management Communication Program/Project Management Volunteerism
Qualifications
Bachelor’s degree in business, finance or equivalent; MBA, CPA or CMA preferred. YMCA Organizational Leader certification preferred or completed within the first year. Ten 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 software systems, including experience with system selection, new system implementation and project management. Personal computer skills required. Experience with oversight of government funding. Experience with investment management and asset allocation preferred. Experience in effectively managing a staff team. Previous experience with voluntary/nonprofit organizations preferred.
Work Environment & Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to use a computer for extended periods of time and be able to communicate using a computer and phone/smart device. The employee frequently is required to sit and reach, and must be able to move around the work environment. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, and the ability to adjust. The noise level in the work environment is usually moderate.
Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Non-profit Organizations Referrals increase your chances of interviewing at Merrimack Valley YMCA by 2x Sign in to set job alerts for “Chief Financial Officer” roles.
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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 the Merrimack Valley YMCA 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 Chief Financial Officer also positions the Y as a community convener and collaborator to address critical social issues. 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 the Merrimack Valley YMCA 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 Chief Financial Officer also positions the Y as a community convener and collaborator to address critical social issues.
Our Culture
Our mission and core values are brought to life by our culture. In the Y, we strive to live our cause of strengthening communities with purpose and intentionality every day.
We are welcoming:
we are open to all. We are a place where you can belong and become.
We are genuine:
we value you and embrace your individuality.
We are hopeful:
we believe in you and your potential to become a catalyst in the world.
We are nurturing:
we support you in your journey to develop your full potential.
We are determined:
above all else, we are on a relentless quest to make our community stronger beginning with you.
Essential Functions
Monitors monthly financial operations (both restricted and unrestricted), prepares analysis and reports, and gives guidance to executive and operating staff. Works closely with operations staff on issues that affect financial outcome. 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 (hiring, supervision, training, development, and evaluation) and oversees the operations of the accounting/finance, payroll, 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, 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 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 YMCA of the USA, governmental agencies and other entities as appropriate. Oversees preparation of tax returns including Federal IRS Form 990 and the State Public Charities Report. Oversees the development of the annual operating budget, including all branch and capital 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 ensure the recording of all transactions on a timely basis. Maintains good working relationships with auditors, bankers, investment counselors, attorneys and other professional advisors. Develops strategy for association purchasing to review, negotiate and approve vendor agreements, bids, contracts and services to ensure optimum service, pricing and protection for the association.
Leadership Competencies
Critical Thinking & Decision Making Fiscal Management Communication Program/Project Management Volunteerism
Qualifications
Bachelor’s degree in business, finance or equivalent; MBA, CPA or CMA preferred. YMCA Organizational Leader certification preferred or completed within the first year. Ten 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 software systems, including experience with system selection, new system implementation and project management. Personal computer skills required. Experience with oversight of government funding. Experience with investment management and asset allocation preferred. Experience in effectively managing a staff team. Previous experience with voluntary/nonprofit organizations preferred.
Work Environment & Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to use a computer for extended periods of time and be able to communicate using a computer and phone/smart device. The employee frequently is required to sit and reach, and must be able to move around the work environment. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, distance vision, and the ability to adjust. The noise level in the work environment is usually moderate.
Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function Finance and Sales Industries Non-profit Organizations Referrals increase your chances of interviewing at Merrimack Valley YMCA by 2x Sign in to set job alerts for “Chief Financial Officer” roles.
Chief Financial Officer – Managed Services/IT Transformation Services Growth, 78859
Working Capital & Trade Finance - Vice President or Associate (various locations)
Boston, MA $125,000.00-$200,000.00 3 weeks ago Boston, MA $120,000.00-$187,500.00 2 weeks ago Associate Vice President & University Controller, Financial Operations
Boston, MA $190,000.00-$210,000.00 2 weeks ago Vice President, Tech Solutions - Business Software (Finance Systems)
Boston, MA $220,000.00-$276,000.00 2 weeks ago Boston, MA $225,000.00-$275,000.00 4 days ago Director, CFO Services (OPEN TO ALL US LOCATIONS)
PEPI: Senior Director, CFO Services - Digital Finance (OPEN TO ALL US LOCATIONS)
PEPI: Associate, CFO Services (OPEN TO ALL US LOCATIONS)
PEPI: Associate, CFO Services -- Digital Finance (OPEN TO ALL US LOCATIONS)
PEPI: Senior Associate, CFO Services (OPEN TO ALL US LOCATIONS)
PEPI: Senior Associate, CFO Services -- Digital Finance (OPEN TO ALL US LOCATIONS)
Senior Associate, CFO/F&A Technology Business Analyst
Director of Financial Planning and Analysis
Director of Financial Planning & Analysis (FP&A)
Senior Director, Financial Planning & Analysis (FP&A)
Director of Financial Planning and Analysis
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr