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Posted: Friday, November 17, 2017 12:10 AM

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Job Description:

The Chief Financial Officer (CFO) is responsible for the financial management and systems infrastructure of the organization and reports directly to the President & CEO. The CFO is a key member of the senior management team, working with all department heads, board of directors and finance staff. The CFO will continue to manage and refine effective administrative/financial systems, including financial, accounting, legal, IT, HR and physical infrastructure. The YWCA Greenwich is currently conducting a comprehensive strategic planning process, which will give the CFO an opportunity to help chart a path for the continued success of the organization.

At this time, YWCA Greenwich has 125+ staff members with an operating budget of $6.5 million and $15.5 million in assets. The unique financial model of the organization includes a mix of revenues: 65% from fee for service programs and 35% from different types of fundraising. Fee revenue is generated in the childhood education programs (which include preschool, after school programs, and summer camps), aquatics (which includes lessons and swim team), fitness memberships, health & recreation programs, fundraising and government funding.

ESSENTIAL FUNCTIONS:

Financial Management

Prepare monthly and annual financial reporting materials and metrics for senior management, the board of directors and board committees; oversee general ledger accounting, accounts payable, accounts receivable, payroll and cash flow management; prepare annual and periodic budgeting and financial forecasting for administration and existing programs; oversee outside management and monitoring of the organization’s endowment; coordinate annual audit and Form 990 filing activities; oversee annual insurance renewals and risk management for the organization; prepare transmittals to YWCA USA and Retirement Fund; provide support and financial summaries for public and private grant applications and reports, as well as other fundraising efforts; evaluate and manage employee benefit programs; monitor and manage legal issues and risk profile.

Key competencies include: leadership, organization and prioritization, flexibility, attention to detail, goal setting, communication, and continual expansion of knowledge and opportunities in relevant subject areas.

Managing Systems, Internal Controls, Capital Infrastructure, Operations and Security

The CFO is responsible for all internal controls of the organization, as well as managing and improving financial, billing and other data reporting or software systems, including HR systems, payroll and IT functions. The CFO is also responsible for maintaining the YWCA’s building and property in central Greenwich, including forward capital planning, and maintaining the security systems and safety procedures for the organization. The CFO also oversees the efficiency of space utilization and the smooth functioning of the building operations for members, patrons and the public who use the building.

Key competencies include: leadership, organization and prioritization, flexibility, attention to detail, goal setting, communication, and continual expansion of knowledge and opportunities in relevant subject areas.

Leading a Finance Team and Related Directors

The CFO’s role in leading the staff team will be critical to the CFO’s success. The CFO must help recruit, develop and retain a high performing team. Direct reports include two full time accounting staff, the Director of Facilities and the Director of Member Services. The CFO should possess high-level communication skills, build relationships, model the core values of the organization and be a conscientious leader who knows how to identify and align people’s strengths in an effort to advance the mission of the organization.

Key competencies include: leadership, collaborative approach, team building, strategic planning and management, listening skills, staff development and retention, and energy.

Execution of Strategy and Monitoring of Outcomes

The CFO will be responsible for the execution of all strategies in the CFO’s portfolio, as well as establishing appropriate performance metrics and monitoring the outcome of departmental efforts. The CFO will work closely with the President & CEO and the Board in this regard, particularly during the ongoing strategic planning process. The CFO will also work closely with other members of the organization’s executive management team to integrate the CFO’s efforts with all other departments and operations at the organization, with the larger goal of advancing the organization’s mission.
Key competencies include: attention to detail, strategic planning and management, pragmatism, and passion for the organization’s mission.

Qualifications:

MINIMUM EDUCATION & REQUIREMENTS

Bachelor’s degree required. Advanced degree is preferred. Candidates must have demonstrated experience in financial management and accounting, ideally in the nonprofit sector. Experience should include legal, audit, compliance, budget and resource development. Candidates should further demonstrate resourcefulness in setting priorities, proposing new ways of creating efficiencies, and guiding investment in people, systems and infrastructure. Candidates should have proven effectiveness in leading staff in finance and accounting, as well as possess sophisticated knowledge of IT and systems management. Candidates should possess leadership skills, flexibility, ability to multitask while also being highly detail-oriented. Personal qualities should include integrity, credibility and commitment to the organization’s mission.

Salary:

Commensurate with Experience

How to Apply:

Please email cover letter and resume to: 

Eileen M. O'Connor, Administrative Assistant, at the following email address:

e.oconnor@ywcagreenwich.org


• Location: Bridgeport, Greenwich, CT

• Post ID: 20272652 connecticut
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