Chief Financial Officer

Lansing YMCA; Wilkes-Barre (Luzerne County); On-site; USD 150,000 - 230,000; Full time

Job summary

The Chief Financial Officer at YMCA oversees financial strategy for a $13 million, multi-branch association, guiding the annual budget, long-range planning, cash flow and reserves, and the annual audit. The CFO leads the finance team responsible for monthly close, grants, and child care subsidy accounting while advising the Board and partnering with leadership across branches.

The role requires nonprofit accounting expertise, GAAP, grant compliance, and strong experience with debt financing,

Qualifications

• Bachelor’s degree required in accounting, finance or business.
• CPA, MBA or MPA strongly preferred.
• 8+ years of progressive financial leadership, including at least 3 years as CFO, controller or director of finance.

Responsibilities

• Owns financial strategy, annual budget and long-range plan.
• Manages cash flow, reserves, treasury and debt; oversees audit and regulatory compliance.
• Leads finance team handling monthly close, AP, billing, grants and child care subsidy accounting.

Skills

Advanced Excel

Financial modeling

Budgeting

Forecasting

Board liaison

Staff leadership

Education

Bachelor’s degree in accounting, finance or business

CPA/MBA/MPA preferred

Tools

Accounting software

Membership/CRM systems

Payroll systems

Job description

The Chief Financial Officer is the senior finance executive for a $13 million, multi-branch association and a member of the CEO’s executive leadership team. The CFO owns financial strategy, the annual budget and long-range plan, cash flow and reserves, treasury and debt, program cost and margin analysis, the annual audit and all regulatory compliance, and leads the finance team that runs the monthly close, accounts payable, billing, child care subsidy and grant accounting.

The role is the staff lead to the Finance Committee and the primary financial advisor to the Board of Directors and Board of Trustees, and it carries oversight of human resources, risk management and insurance, and information technology and cybersecurity. The CFO partners with the COO and branch directors so that every branch, child care center and camp operates on a budget it understands and owns, and models the Y’s core values of caring, honesty, respect and responsibility.

Work environment
Office-based with regular travel to branches, child care centers and camp. Evening Board and committee meetings; extended hours during budget season, year-end close and the annual audit. Must be able to lift up to 20 pounds occasionally.

Required

• Bachelor’s degree in accounting, finance or business; CPA, MBA or MPA strongly preferred.
• 8+ years of progressive financial leadership, including at least 3 years as CFO, controller or director of finance with full responsibility for close, audit and budget.
• Nonprofit accounting expertise: GAAP, fund and restricted-gift accounting, ASU 2016-14 net asset presentation, ASU 2018-08 contribution recognition, Form 990.
• Hands-on experience with grant and government-contract compliance, including Uniform Guidance; child care subsidy (ELRC/CCIS) or Pre-K Counts experience is a strong plus.
• Demonstrated experience building and sustaining operating reserves, funding depreciation through capital reserves, and running rolling cash-flow forecasts in a seasonal, multi-site organization.
• Experience presenting to and advising a board of directors and board committees.
• Experience supervising a finance team and overseeing HR, risk or insurance functions.
• Advanced Excel and financial modeling; experience selecting and implementing accounting, membership/CRM and payroll systems.
• Ability to explain financial results clearly to non-financial directors, volunteers and front-line staff.
• Pennsylvania Act 153 clearances (PA Child Abuse History, PA State Police Criminal Record, FBI fingerprint) before start date.
• Demonstrated experience with debt financing: lines of credit, bridge and term loans, covenant compliance and lender reporting.
• Program cost accounting and margin analysis experience, with a track record of using it to change pricing, staffing or program mix.
• Experience overseeing IT and cybersecurity through managed-service providers, including vendor management, security policy, backups and incident response.

Preferred

• YMCA or other multi-site, multi-entity nonprofit experience; experience with mergers, affiliations or opening new sites.
• Experience with Daxko Operations and a nonprofit ERP.
• Capital project and real-estate finance experience, including grant-funded construction.
• YMCA Organizational Leader certification, or willingness to obtain it within the first two years.