Chief Finance Officer | Position Description
YWCA Dayton, dedicated to the elimination of racism and the empowerment of women, seeks an energetic, dedicated person to be an integral part of our Finance team. As the Chief Financial Officer (CFO), this individual is committed to balancing the organization’s social justice outcomes and operating with fiscal transparency, integrity, compliance, and focusing on non-profit market factors. The CFO is a strong collaborator on the executive team and assists the Chief Executive Officer in developing long-range financial plans to support strategic operational plans. The CFO is an effective contributor to the organization’s strategic financial focus, results-driven, and effectively communicates with stakeholders, funding and community partners, vendors, auditors, and representatives of the financial industry regarding the YWCA’s financial affairs. The CFO is responsible for the financial health of the organization, ensuring a profitable, diverse portfolio across programs and physical sites.
- Provide quality leadership to the organization to develop and execute the YWCA’s Financial Strategies, including plans for growth, and recommendations for cost containment
- Provides leadership to oversee an inclusive process to develop and manage the annual operating and capital budgets.
- Provide excellent supervision, leadership, and training to finance staff to support the core finance functions of the organization and to provide internal customer service to other YWCA departments. These core functions include, but are not limited to: coordinating the YWCA’s activities relating to billings, revenue collections, vendor payments, payroll and related taxes, general ledger and fund accounting, financial analysis and reporting, budgeting, debt management, asset management and investments for all funds.
- Develop, amend and manage financial and accounting policies and procedures appropriate for the operations and funding sources of the YWCA. Ensure that these policies and procedures comply with applicable federal and state laws, and are in compliance with US Generally Accepted Accounting Principles (GAAP) and FASB accounting standards.
- Develop, evaluate and track KPIs. Develop plans to address areas of opportunity within the organization’s financial health and financial processes. Collaborate with department leaders to assess the financial efficacy of program operations and establish finance and administrative systems to support program operations.
- Monitor investment and cash management accounts and work to maximize return on investment and resources while protecting principal and liquidity.
- Assist resource development leadership in preparing budgets for grant proposals that fit into the organizational strategy.
- Generate weekly, monthly, quarterly and annual reports as needed to monitor, evaluate and optimize cash flow and liquidity; Present monthly and annual financial statements and risk projections/assumptions to executives, and the board of directors.
- Manage the external audit process and assist in the completion of analysis for the annual external/internal audit.
- Responsible for monthly closing processes, financial statements, and variance analysis, and ensuring financial statements are following corporate policies and US GAAP and FASB; Utilize technology to optimize all reporting and analytical functions.
- Manage finance department personnel including hiring, training, the delegation of duties, and performance management.
- Track new trends in the non-profit financial industry by attending conferences, participating in professional development, and sharing this information with the senior leadership team.
- Manage and staff financially-related organization committees such as Finance Committee, Audit Committee, Investment Committee, etc. Attend additional committee and board meetings in an advisory capacity.
SKILLS, QUALIFICATIONS, AND COMPETENCIES:
- Strong written and oral presentation skills and an ability to speak effectively to diverse groups and stakeholders.
- Exceptional organizational and analytical skills, ability to define problems and seek data-driven solutions, collect data, establish facts and draw valid conclusions.
- Experience in integrating IT/Systems to improve accounting productivity and accuracy.
- Keen understanding, commitment, and alignment of the mission, vision, history, and programs of YWCA USA and YWCA Dayton.
- Ability to read, analyze and interpret complex regulatory, financial, and accounting documents.
- Skilled in grant administration, budgeting, and compliance; writing technical procedures, and managing financial operations in a regulatory environment.
- Experience in change leadership and change management
- Strong motivational and staff leadership abilities; ability to retain and develop a team.
EDUCATION & EXPERIENCE:
- Bachelor’s degree in Accounting, Finance, or Business-related field; CPA strongly preferred.
- Minimum of eight (8) years of progressively responsible work experience in managing the accounting functions in the non-profit or public sector.
- A minimum of five (5) years of management or supervisory experience preferred
- Experience with accounting and financial management software (e.g. Financial Edge software SAP, Quick Books), MS Excel, data analysis, risk management, forecasting methods, and accounting
- Strong leadership experience in budgeting, financial planning, and analysis.
- Technical competency with the US GAAP, Financial Accounting Standards Board (FASB), and Federal Standards for non-profit agencies.
- Knowledge of non-profit finances, payroll procedures, and allocation schedules.
- Handles stress and pressure with poise and professionalism and is resourceful when needed to provide answers and/or solutions.
- Represents him or herself professionally at all times in appearance, words, and actions
- Maintains fiscal and personal integrity
- Demonstrates accountability leadership for self and others within his/her line of reporting
- Consistently follows through on projects and issues and follows through on commitments. Ability to adequately respond to requests and demands promptly.
- Demonstrates agility and flexibility in accommodating changes as the business demands
- Ability to prioritize work to meet deadlines.
Commitment to Service:
- Must be responsive to the needs and requests of staff, volunteers, donors, and the Board of Directors.
- Must extend courtesy, friendliness, and overall respect to all of the above.
- Will collaborate with other staff and/or departments to meet the needs of the organization.
- Will be available at times and events when evenings and weekends will be required to fulfill duties.
- Listens well, shares work-related information is open to others’ perspectives, work styles, and methods.
- Willingly collaborates and cooperates with others in the organization.
- Develops effective working relationships at all levels and values these relationships as critical to effective work.
- Ability to address conflict respectfully.
- Expresses ideas clearly and effectively both verbally and in writing.
- Flexible, adaptable, and responsive to change.
ANTICIPATED SALARY RANGE AND BENEFITS:
- $85,000 – $100,000 per year, based on experience
- Health, dental and vision coverage\
- Paid Parental Leave
- Generous PTO and holiday pay
- Life and AD&D insurance
- Long term disability
- Employee Assistance Program
- YWCA Retirement Fund
- Automatic enrollment in the YWCA National Retirement Fund upon completion of two years of employment (1,000 hours or more worked per year). Employer contributes 7.5% and YWCA USA contributes 3% to contribute a total of 10.5% of gross pay.
TO APPLY: Visit us on the web at www.ywcadayton.org/careers and submit your application
Send your resume directly to Human Resources at email@example.com
YWCA Dayton Culture and Values
Empowering Women and Eliminating Racism
YWCA Dayton is part of the largest and oldest multicultural women’s organization in the world; we leverage that collective strength into a unified movement joined through the comprehensive mission of eliminating racism, empowering women, and promoting peace, justice, freedom, and dignity for all.
Founded in 1870, YWCA Dayton lives its mission and is a champion of women and girls in three key ways: direct service programming, community outreach and education, and advocacy and public policy support. Our core services are focused on preventing and responding to gender-based violence; supporting women’s economic empowerment; strengthening women and girls’ leadership development; and advocating for legislation and policies that promote racial and social justice for women and girls.
- Emergency shelter and crisis support services for women and children fleeing domestic violence
- Crisis and counseling services for survivors of sexual assault, human trafficking, and stalking
- Affordable housing and life skills training for single women transitioning to independent living from homelessness or abuse
- Housing assistance for women and children who have experienced domestic violence and families who are experiencing sudden homelessness
- Girls LEAD!, an in-school, after-school, and summer camp empowerment and education program for girls 11-18
YWCA Dayton continues to be a touchstone, a stepping stone, or a resting stone for more than 100 women and children, every day. We are constantly working to ensure that the Miami Valley community will always have amidst its future, a place dedicated to empowering women and eliminating racism.