YMCA of the USA
Chief Financial Officer – Greater Lowell Family YMCA
The Greater Lowell Family YMCA is seeking an experienced finance professional to lead the financial aspects of our organization. The Chief Financial Officer serves on the leadership team; oversees and manages financial matters, investments and information systems; and provides strategic direction and leadership for YMCA business operations and initiatives.
Job Description In this strategic role, the CFO will be accountable for the organization’s fiscal health, ensuring rigorous financial planning, reporting, and compliance while supporting the YMCA’s mission and growth.
Essential Functions
Monitors monthly financial operations (both restricted and unrestricted), prepares analysis and reports, and provides guidance to executive and operating staff. Works closely with operations staff on issues that affect financial outcomes. Secures and allocates program or project resources to achieve strategic objectives and prepares specific recommendations.
Reviews, updates, and develops internal control systems for the YMCA and oversees internal audits that check for compliance with policies and standards. Provides recommendations for improvement.
Manages the staff—including hiring, supervision, training, development, and evaluation—and oversees the operations of the accounting/finance and other assigned departments.
Oversees and certifies the annual audit, maintaining communications with outside auditors and ensuring that 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 board committees (e.g., Finance, Financial Development, Strategic Plan) to build volunteer relationships, develop policies, monitor implementation, and meet related needs.
Develops performance indicators and measurement systems for tracking strategic‑plan objectives. Evaluates current business models and leads efforts to modify or redesign models where necessary.
Oversees preparation of reports to YMCA of the USA, governmental agencies, and other entities as appropriate, including tax returns (Federal IRS Form 990 and the State Public Charities Report).
Oversees preparation of the annual operating budget, including all branch and capital budgets. Guides the organization in making tough decisions about program priorities and works closely with operations staff to ensure budgets are well‑planned, realistic, and timely.
Manages tax‑exempt bond transactions, files required reports, and establishes and maintains banking and financing relationships.
Maintains all necessary records and accounting reports, ensuring timely recording of all transactions.
Maintains good working relationships with auditors, bankers, investment counselors, attorneys, and other professional advisors.
Develops association purchasing strategy, reviewing, negotiating, and approving vendor agreements, bids, contracts, and services to ensure optimal service, pricing, and protection for the association.
Qualifications
Bachelor’s degree in business, finance, or equivalent; MBA, CPA, or CMA preferred.
Five or more years of substantive experience in accounting and fiscal management.
Knowledge of general business matters, including budget development, financial reporting, cash management, business taxes, banking, and debt financing instruments.
Experience with computer software systems, including system selection, new system implementation, and project management.
Personal computer skills required.
Experience overseeing government funding.
Experience with the Massachusetts Uniform Financial Report.
Experience with investment management and asset allocation preferred.
Experience effectively managing a staff team.
Prior experience with voluntary/non‑profit organizations preferred.
Employment Details Seniority Level: Executive
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Employment Type: Contract
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Job Description In this strategic role, the CFO will be accountable for the organization’s fiscal health, ensuring rigorous financial planning, reporting, and compliance while supporting the YMCA’s mission and growth.
Essential Functions
Monitors monthly financial operations (both restricted and unrestricted), prepares analysis and reports, and provides guidance to executive and operating staff. Works closely with operations staff on issues that affect financial outcomes. Secures and allocates program or project resources to achieve strategic objectives and prepares specific recommendations.
Reviews, updates, and develops internal control systems for the YMCA and oversees internal audits that check for compliance with policies and standards. Provides recommendations for improvement.
Manages the staff—including hiring, supervision, training, development, and evaluation—and oversees the operations of the accounting/finance and other assigned departments.
Oversees and certifies the annual audit, maintaining communications with outside auditors and ensuring that 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 board committees (e.g., Finance, Financial Development, Strategic Plan) to build volunteer relationships, develop policies, monitor implementation, and meet related needs.
Develops performance indicators and measurement systems for tracking strategic‑plan objectives. Evaluates current business models and leads efforts to modify or redesign models where necessary.
Oversees preparation of reports to YMCA of the USA, governmental agencies, and other entities as appropriate, including tax returns (Federal IRS Form 990 and the State Public Charities Report).
Oversees preparation of the annual operating budget, including all branch and capital budgets. Guides the organization in making tough decisions about program priorities and works closely with operations staff to ensure budgets are well‑planned, realistic, and timely.
Manages tax‑exempt bond transactions, files required reports, and establishes and maintains banking and financing relationships.
Maintains all necessary records and accounting reports, ensuring timely recording of all transactions.
Maintains good working relationships with auditors, bankers, investment counselors, attorneys, and other professional advisors.
Develops association purchasing strategy, reviewing, negotiating, and approving vendor agreements, bids, contracts, and services to ensure optimal service, pricing, and protection for the association.
Qualifications
Bachelor’s degree in business, finance, or equivalent; MBA, CPA, or CMA preferred.
Five or more years of substantive experience in accounting and fiscal management.
Knowledge of general business matters, including budget development, financial reporting, cash management, business taxes, banking, and debt financing instruments.
Experience with computer software systems, including system selection, new system implementation, and project management.
Personal computer skills required.
Experience overseeing government funding.
Experience with the Massachusetts Uniform Financial Report.
Experience with investment management and asset allocation preferred.
Experience effectively managing a staff team.
Prior experience with voluntary/non‑profit organizations preferred.
Employment Details Seniority Level: Executive
—
Employment Type: Contract
#J-18808-Ljbffr