Chief Financial Officer (CFO)

YMCA of Metropolitan Washington

Job Description

Full job description

Chief Financial Officer

Are you ready to make a profound impact in your community? The YMCA of Metropolitan Washington is a cornerstone of community support and empowerment with a mission to foster youth development, healthy living, and social responsibility. We’re looking for a visionary Chief Financial Officer (CFO) to lead our financial strategy and help us continue to provide needed programs and services to our communities.

As the CFO, you’ll be a key architect in building our financial future. You’ll provide strategic direction, ensure our financial health, and drive innovative financial solutions that align with our mission and goals. If you’re passionate about making a difference and have the expertise to lead our financial operations, we want to hear from you!

What you will do at the Y:

  • Strategic Leadership: In collaboration with the CEO and Senior Team, develop and implement forward-thinking financial strategies that support our mission and growth.
  • Financial Oversight: Lead budgeting, forecasting, financial planning, and reporting with precision and insight, optimizing our Productivity Ratio and managing overhead costs.
  • Collaboration Across Branches: Build strong relationships with branch leaders across the association, providing them with financial support, insights, and guidance to ensure the effective management of branch finances and alignment with the overall strategic plan.
  • Fundraising Partnership: Work with the development team to secure funding and increase revenue from fundraising efforts, ensuring diverse and sustainable revenue streams.
  • Compliance and Integrity: Ensure strict compliance with all regulations and policies, maintaining the highest standards of financial integrity and transparency.
  • Liquidity Management: Oversee liquidity to maintain appropriate level of operating reserves, ensuring financial resilience.
  • Team Development: Mentor and inspire our finance team, fostering a culture of excellence, customer service, and continuous improvement.
  • Board Engagement: Present clear, insightful financial reports to the Board of Directors, Finance Committee, and senior leadership.
  • External Relations: Manage key relationships with auditors, financial institutions, and stakeholders.
  • Risk Management: Identify and mitigate financial risks to protect and strengthen our organization.
  • Strategic Growth: Partner with the CEO on strategic growth, including real-estate management in the DMV.
  • Financial Controls: Implement robust financial policies to ensure transparency and accountability in a nonprofit environment

Who You Are:

  • Experienced Leader: Bachelor’s degree in Accounting, Finance, Business Administration, or a related field (MBA or CPA preferred) with at least 10 years of progressive financial management experience, including 5 years in a senior role in an organization of $50M or more.
  • Nonprofit Passion: Experience in nonprofit financial management, ideally within the YMCA or similar organizations.
  • Financial Expertise: Deep knowledge of accounting principles, financial reporting, budgeting, and analysis, with experience managing operating reserves and overhead efficiency.
  • Strategic Thinker: Strong leadership and strategic thinking skills, with a knack for solving complex problems.
  • Relationship Builder: Proven ability to collaborate and build strong relationships with branch leaders and stakeholders across multiple locations.
  • Excellent Communicator: Outstanding communication and interpersonal skills, capable of engaging diverse stakeholders.
  • Tech-Savvy: Proficiency in financial software and systems.
  • Innovative: A passion for forward-thinking tools and trends. Enjoy teaching others.
  • Mission-Driven: High integrity and a strong commitment to our mission and values.

Why you should join us:

The YMCA offers a supportive and dynamic work environment that encourages personal and professional growth. By joining our team, you will have the opportunity to make a meaningful impact in the community while enjoying a range of benefits designed to support your overall well-being. Here are some of the benefits you can enjoy as an employee:

  • Impactful Work: Make a meaningful difference in your community every day.
  • Supportive Environment: Thrive in a collaborative, mission-driven workplace.
  • Competitive Compensation: Salary reflective of your skill and experience.
  • Relocation Support: Comprehensive relocation assistance to help ease your transition.
  • Medical, Dental, and Vision Insurance: Comprehensive plans to ensure you and your family can receive the care you need.
  • Wellness Programs: Y membership for you and your family to support your physical and mental health.
  • Retirement Plans to Secure your Financial Future: The Y will contribute 10% of your salary into the Y’s retirement savings plan. You also have the option to make additional contributions to the Y’s 403(b) and ROTH plans.
  • Work-Life Balance: Generous vacation, sick leave, and holidays.
  • Flexible Work Arrangements: Opportunities for flexible scheduling.
  • Training and Development: Access to professional development programs, workshops, and certifications.
  • Inclusive Environment: A commitment to diversity, equity, and inclusion ensuring all employees feel valued.

The YMCA of Metropolitan Washington is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Job Types: Full-time, Part-time

Pay: $240,000.00 - $265,000.00 per year

Expected hours: No less than 40 per week

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Employee assistance program
  • Employee discount
  • Health insurance
  • Life insurance
  • Paid time off
  • Referral program
  • Relocation assistance
  • Vision insurance

Schedule:

  • Monday to Friday
  • Weekends as needed

Application Question(s):

  • How many years experience in nonprofit financial management, ideally within the YMCA or similar organizations?
  • Do you have 5+ years in a senior role in an organization of $50M or more?

Education:

  • Bachelor's (Required)

Experience:

  • fundraising efforts in nonprofits: 10 years (Required)
  • philanthropy: 10 years (Required)

License/Certification:

  • CPA (Preferred)

Ability to Relocate:

  • Washington, DC 20009: Relocate before starting work (Required)

Work Location: Hybrid remote in Washington, DC 20009

 

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