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Chief Financial Officer FJN Job Listing

FJN® Job Listing

Chief Financial Officer - Rockford, IL US
FJN® JOB Number 140501

Job Description:
Category: CFO, COO
Job Title: Chief Financial Officer 
Company Name: YMCA
Company Web Site:
Industry/Product: Other; Not Listed  
Annual Salary: Full-Time  
Responsibilities: The YMCA of Rock River Valley is seeking an ambitious, business-savvy Chief Financial Officer. YMCAYMCA of Rock River Valley LocationRockford, IL Job Description The Chief Financial Officer provides direction and leadership for the YMCA's business operations and strategic initiatives. Serving as a Senior Leader of the organization, the CFO acts as an active strategic partner to the CEO, COO and the board of directors. Principle accountability for the planning, development, organization, implementation, direction and evaluation of the organization's fiscal performance and function. The CFO will work closely with and engage the finance committee of the board of directors, serving as the staff liaison.The CFO will adopt and provide leadership to a finance and accounting team of 7. Founded in 1858, the YMCA of Rock River Valley is one of the longest standing community organizations in the Northern Illinois region. Rock River Valley is currently a $10,000,000 operation with 6 total branches, including two facility branches, two program branches, a 150-acre camping services branch, a Central Association Office, three summer day camps, as well as 19 before & after school sites in Rockford, Machesney Park, Loves Park and Pecatonica. Two additional satellite facility branches are currently under development in our neighboring communities. Our Y's history is embedded in the roots of Rockford. We serve over 30,000 members through programs and services that strengthen spirit, mind and body. Over 800 donors contribute to our annual campaign of $1,000,000 and the Y raises an additional $2,000,000 annually in capital fundraising. Learn more about our association: 0 0 1 145 829 YMCA of Rock River Valley 6 1 973 14.0 0 0 1 46 266 YMCA of Rock River Valley 2 1 311 14.0 96 800x600 Compensation is dependent upon the skill & experience level of the employee. The YMCA of Rock River Valley offers excellent benefits including: 12% Employer paid retirement contribution Paid time off (PTO): Vacation, Holidays and Sick Leave Group Health Coverage, Dental, Vision, LTD, Life insurance & supplemental life insurance Family YMCA membership and child care. Qualifications1. Bachelor's degree in business, finance or equivalent; MBA, CPA or CMA preferred. 2. Ten or more years of experience in accounting, financial management and business administration. 3. Knowledge and understanding of general business matters required including budget development, financial reporting, cash management, business taxes, banking and debt financing instruments. 4. Knowledge of computer systems, including experience with system selection, new system implementation and project management. Personal computer skills required. 5. Experience with investment management and asset allocation preferred. 6. Experience in effectively managing a staff team. 0 0 1 104 596 YMCA of Rock River Valley 4 1 699 14.0 96 800x600 7. Previous experience with voluntary/nonprofit organizations preferred but not required. Essential Functions1. Monitors monthly financial operations, prepares analysis and reports, and gives guidance to executive and operating staff. Works closely with operations staff on issues that affect financial outcome. Prepares specific recommendations. 2. Manages the staff and oversees the operations of the accounting/finance, information systems and other assigned departments. 3. Works directly with assigned committee(s) of the board (Finance, Insurance, Investment, Audit, for example) to build volunteer relationships, develop policies, monitor their implementation and meet the related needs of the board. 4. Reviews, updates, and/or develops internal control systems for the YMCA and oversees internal audits which check for compliance on a variety of policies and standards. Provides recommendations for improvement. 5. Oversees and certifies the annual audit and meets periodically with the outside auditors to maintain communications and keep them informed of changes in the YMCA. Ensures that current accounting standards and legal requirements are met. 6. Manages investments, under the direction of the Investment Committee, and within the risk tolerance expressed by the Board via the asset allocation policy. 7. 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. 8. Oversees preparation of reports to United Way, YMCA of the USA and governmental agencies. Oversees preparation of tax returns. 9. 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. 10. Manages tax-exempt bond transactions and files all necessary reports. Establishes, maintains and/or monitors all banking and financing relationships. 11. Maintains all necessary records and accounting reports and records all transactions on a timely basis. 12. Maintains good working relationships with auditors, bankers, investment counselors, attorneys and other professional advisors. 0 0 1 328 1871 YMCA of Rock River Valley 15 4 2195 14.0 96 800x600 13. Represents the YMCA with key community organizations and events as required. Cause-Driven Leadership® CompetenciesMission Advancement: Incorporates the Y's 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. 0 0 1 226 1291 YMCA of Rock River Valley 10 3 1514 14.0 96 800x600 Personal Growth: Creates a learning organization. Effectively drives change by leveraging resources and creating alignment to expand organizational opportunities. Shares authority and demonstrates courage andhumility. 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. Salary$85,000.00 - $105,000.00 Fort Wayne Jobmatch., Keywords: Chief Financial Officer (CFO), Location: Rockford, IL - 61104
Requirements: Degree: Undergraduate
Language(s): English
Additional Information:
Apply Online:
Job Location:
    City: Rockford
    State: IL
    Country: US
Travel Required: No
Relocation Provided: No
Submit Resume/C.V.: Yes  
Submit Salary History: Yes 

Send resume to:
Contact Name: HR Recruitment  
Zip/Country Code:
Country: US
Telephone: N/A

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