Chief Financial Officer -YMCA of Greater Long Beach
The YMCA of Greater Long Beach is currently seeking for a Dynamic Chief Financial Officer who will be responsible for all financial matters for the YMCA of Greater Long Beach. Serves as a member of the President & CEO’s senior executive team, providing strategic leadership in association finances to advance the Y’s mission. The CFO provides staff leadership to the following committees: Finance Committee, Audit Committee and the Investment Committee. Must be able to adapt to a continually evolving environment and thrive in an autonomous and deadline-oriented workplace while managing an accounting staff of four. Building authentic relationships in the service of enhancing individual and team performance support the Y’s work and effectively communicating with the various stakeholders is important. The ideal candidate will demonstrate a dedication to their own improvement of capabilities, and show this through the continual expansion of knowledge and skills.
Essential Duties and Responsibilities:
- Monitors monthly financial matters, prepares analysis and reports, and gives guidance to executive and operating staff. Works closely with operations staff on issues that affect financial outcomes.
- Manages the staff and oversees the operations of the accounting/finance, payroll and other assigned departments.
- Works directly with assigned committees of the board to build volunteer relationship, develop policies, monitor their implementation and meet the relative needs of the board.
- Reviews, updates, and/or develops internal control systems and oversees internal audits which check for compliance on a variety of policies and standards.
- Oversees and certifies the annual state audit and general audit, meets periodically with the outside auditors to maintain communications and keep them informed of changes. Ensures that current accounting standards and legal requirements are met.
- Manages investments, under the direction of the Finance and Investment Committees, upholding investment guidelines 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 the YMCA of the USA and governmental agencies. Oversees preparation of tax returns.
- Oversees the development of the annual operating budget, including all branch budgets. Works closely with operations staff to ensure that branch budgets are well-planned, realistic, and prepared in a timely manner.
- Oversees the IT function for the association and ensures dependable access to functional systems that are current and affordable.
- Establishes, maintains and/or monitors all banking and financing relationships.
- Maintains all necessary records and accounting reports and all transactions on a timely basis.
- Maintains good working relationships with auditors, bankers, investment counselors, attorneys and other professional advisors.
- Manage government and grant funded contracts and accounting.
YMCA Organizational Leader Core Competencies:
Mission Advancement: Incorporates the Ys mission and values into the organization’s vision and strategies. Ensures community engagement; promotes the global nature of the Y. Leads a culture of volunteerism ensuring engagement, inclusion, and ownership. Leads a culture of philanthropy.
Collaboration: Advocates for and institutionalizes inclusion and diversity throughout the organization. Initiates the development of relationships with influential leaders to impact and strengthen the community. Is recognized as an inspirational community leader who navigates complex political and social circles with ease. Communicates to engage and inspire people within and outside the YMCA. Ensures that a talent management system is in place and executed effectively.
Operational Effectiveness: Possesses penetrating insight and strong strategic and critical thinking skills. Invests resources in well-designed innovation initiatives. Creates a structure to deliver organization-wide results to achieve objectives. Develops and implements stewardship strategies. Determines benchmarks and ensures appropriate leadership to meet objectives.
Personal Growth: Creates a learning organization. Effectively drives change by leveraging resources and creating alignment to expand organizational opportunities. Shares authority and demonstrates courage and humility. 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.
We are looking for an Chief Financial Officer who demonstrates a desire to serve others and fulfill community needs. Building rapport and relating to others is critical. Our goal at the Y is to meet or exceed expectations and deliver a high-value experience for our stakeholders. We embrace new approaches and ideas on how to create a stronger YMCA. If this sounds like a job for you please apply for this position.
The YMCA of Greater Long Beach is an Equal Opportunity Employer!
The YMCA of Greater Long Beach is a $20M organization with 656 employees. The YMCA of Greater Long Beach has three traditional YMCA branches offering membership throughout the service area, the Weingart-Lakewood Family YMCA in Lakewood, CA is the largest facility, the entire facility was newly renovated this year with state of the art exercise equipment, a pool and newly renovated gymnasium. The two centers in Long Beach, CA are the Los Altos Family YMCA in east Long Beach and the Fairfield Family YMCA in north Long Beach. In the Big Bear, CA area the association has a full service resident camp. In the Bellflower community the Los Cerritos YMCA offers day camp, aquatics and afterschool programming. The Early Childhood Education program, funded by the State of California, operates 5 preschools throughout the Greater Long Beach area. In Downtown Long Beach the Community Development branch runs the Youth Institute and Change Agent Productions. In addition to these centers, there are 30+ afterschool programs located across the 13 city service area.
Skills / Requirements
Experience & Background:
- Ten or more years of progressive experience in accounting and financial management.
- Knowledge and understanding of general business matters required including budget development, financial reporting, cash management, banking and debt financing instruments.
- Foundation and government grant accounting expertise.
- Knowledge of computer systems, including experience with system selection, new system implementation and project management.
- Experience with investment management and asset allocation preferred.
- Experience in effectively managing a staff team.
- Previous experience with voluntary/nonprofit organizations preferred. Ability to relate and communicate with top community leaders.
- Criminal Clearance: Including Fingerprints and background clearance
- Cleared: Physical Exam, Negative TB test, and Negative Drug test
- Complete New Employee Orientation/Child Abuse Prevention
Environmental Factors: Indoor and outdoor facilities (e.g. kitchen and recreational sites); exposure to heat, cold, potentially hazardous chemicals, toxic materials; work on slippery or uneven surfaces. Noise level is usually moderate.
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 hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to stoop, bend, kneel, crouch, talk, hear, stand, walk, sit, and reach with hands and arms. The employee must occasionally lift, push, pull, and/or move up to 30 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.
Pay: $110,000 to $130,000/year
In addition to a competitive salary package, the YMCA of Greater Long Beach provides a progressive work environment with great benefits, including a 12% employer-funded retirement plan after two years of service with immediate vesting, ability to make additional contributions to retirement benefits through 403(b) savings plan, high quality and affordable healthcare benefits including medical, dental, vision, life insurance and long term disability (medical 90% employer-paid for the employee), free use of YMCA facilities for immediate family, a generous paid time off package and the ability to work with creative, talented and diverse individuals!
Job Status: Full Time