What are the responsibilities and job description for the Vice President of Finance position at YMCA of Greater Michiana?
YMCA of Greater Michiana
Job Title: Vice President of Finance
Reports To: CEO
Position Summary:
The YMCA of Greater Michiana is seeking an experienced, analytical, and energetic professional to join its management team as our new Vice President of Finance. The VP of Finance provides strategic leadership, oversight, and guidance for all aspects of the organization’s finances.
Principle Activities:
· Develop financial plans that enable the YMCA to fulfill its mission and achieve its strategic goals, while controlling expenses
· Timely delivery of monthly financial reports with the highest level of accuracy to the CEO, Board and Finance Committee
· Ensure all accounting procedures are in accordance with GAAP
· Supervise the development, administration, and reporting of the annual budget including facility improvement budget
· Manage the YMCA’s cash flow, including collections and receivables, to ensure needed liquidity and adequate return, guided by the level of risk acceptable to the Association
· Ensure financial records are properly maintained and internal controls are in place, communicated, and consistently implemented across the Association
· Ensure reconciliation of balance sheet accounts
· Prepare regular financial forecasts to project fiscal year operating results
· Represent the Association in annual audits and oversee the preparation of IRS Form 990
· Assist Directors to prepare department budgets
· Provide financial analyses and reports
· Advise CEO and Human Resource Department in staff compensation decision-making
· Advise COO and CDO on accounting procedures for grants, to assure compliance with potential audits
· Oversee the operation of the accounting/finance information systems
· Attend and report at Board of Directors and Committee meetings
· Prepare and submit reports to YMCA of the USA and governmental agencies
· Cultivate ongoing working relationships with representatives of the YMCA’s banks, auditors, and other finance-related business relationships
· Work closely with the CEO, Board, and Board Committees, and build strong relationships with operations staff
Staff Supervision:
· Oversee growth and development of staff under supervision
· Hire, train, supervise and evaluate performance of staff under supervision
· Serve as a collaborative member of the leadership team
Cause-Driven Leadership Competencies:
· Developing others
· Communication and influence
· Fiscal management
Qualifications:
· Bachelor’s degree in business, finance or equivalent
· 5 years of substantive experience in accounting and fiscal management
· Knowledge and understanding of general business matters including budget development, financial reporting, cash management, banking, and debt financing instruments
· Ability to effectively present data to management and Board of Directors, verbally and in writing
· Proficiency in QuickBooks preferred
· Proficiency in Microsoft Office products
· Strong understanding of nonprofit financial budgeting and management including tracking, analyses, reporting and forecasting
· Experience supervising full-time staff
· Detail-oriented, organized, and analytical
· Reliable, a problem solver, and has a strong work ethic
· Collaborative and has strong decision-making skills
· Excellent verbal and written communication and interpersonal skills
· Ability to manage multiple projects in a fast-paced environment
· Meet deadlines
Salary and Benefits:
· Salary commensurate with experience
· Medical/prescription coverage - 70/30 cost share for employee plus dependents
· Dental/Vision – available at employee’s expense
· Generous PTO plus organization paid holidays
· 10% funded retirement savings (after meeting qualifications)
· Free family membership and program/activity discounts
Job Type: Full-time
Pay: $116,930.00 - $175,000.00 per year
Benefits:
- Dental insurance
- Employee discount
- Flexible schedule
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Retirement plan
- Vision insurance
Work Location: In person
Salary : $116,930 - $175,000