Chief Financial Officer

YMCA of Greater Hartford Job Description

Job Title: Chief Financial Officer

FLSA Status: Exempt Job Grade: Grade 18

Primary Department: Finance

Reports to: Chief Executive Officer

Revision Date: 3/2025 Leadership Level: Leader

The YMCA of Greater Hartford is an association open to all committed to helping people reach their potential in spirit, mind, and body. Our commitment is based on the belief that the purpose of this three-fold development is to live out the values of Caring, Honest, Respect and Responsibility.

POSITION SUMMARY:

Under the direction of the Chief Executive Officer, the Chief Financial Officer will provide leadership and direction for YMCA finance and business operations. The CFO will oversee the YMCA's accounting practices, the maintenance of its fiscal records, and the preparation of its financial reports. Ensure a system of strong internal controls and maintain fiscal soundness. Manage the annual external audit, the 990 tax return and the preparation of information for outside funders.

Benefits Include:

• Tuition Reimbursement. Up to $1,000 per year.
• 50% Tuition Discount from Post University.
• FREE Y Membership - Value $750.
• Childcare discount: 50% off first child, 25% off second child.
• Standard program discounts (Swim Lessons, Camp, Sports)
• Paid Time Off
• Full Time (30+ hours) Benefits: Medical, Dental, Vision. (90% of employers paid premiums for medical for employees of high-deductible plans.
• Generous Retirement Savings (full and part-time). 12% of current employers contribute after 2 years of service working 1,000 hours a year.
• Employee Assistance Program (EAP) Free confidential services, resources, and counseling.
• Free 6-month SNOO rental for expecting parents working 20 hours or more.

ESSENTIAL FUNCTIONS:

Participate in the development of the Association's plans and programs as a strategic partner.

Recommend, evaluate, and provide strategic financial leadership on the impact of short- and long-range planning, introduction of new programs/strategies and other efforts/issues affecting the organization.

Develop and ensure continued credibility for the finance group by providing timely and accurate analysis of budgets, financial reports, and financial trends to assist the President/CEO, the Board of Directors, various Committees, and the executives of the Association in performing their responsibilities.

Develop and maintain financial models and forecasting for future association growth and informed decision-making.

Provide technical financial advice and knowledge to others within financial discipline.

Ensure continual improvement of the budgeting process through education of department managers on financial issues impacting their budgets.

Establish and align financial policies, procedures, reporting, and control systems with the Strategic Plan of the Association.

Stay abreast of trends and regulations to ensure effectiveness and compliance for the finance organization.

Build, develop, and manage a finance team capable of carrying out needed initiatives.

Management of contributed income (gifts and grants) and state/federal funding contracts to ensure compliance, proper revenue allocations and fiscal reporting.

Perform other related duties as assigned by the President/CEO.

QUALIFICATIONS:

• An experienced leader and financial executive with a Master's Degree and/or at least 10 years of appropriate industry experience
• CPA preferred
• Experience managing state and federal single audits a must
• Familiar with ADP Advanced Time/Workforce Now and other complex systems is preferred
• An energetic, forward-thinking and creative individual with high ethical standards, and a team player.
• A strategic visionary with sound technical skills, analytical ability, and good judgment and management skills.
• A well organized and self-directed individual with excellent written and verbal communication skills.
• The ability to make effective and persuasive speeches and presentations on controversial or complex topics to the Board and other external and internal audiences.
• A decisive individual who possesses a "big picture" perspective and is well versed in systems.

YMCA COMPETENCIES (Organizational Leader):

Mission Advancement: Reinforces the Y's values within the organization and the community. Effectively communicates the benefits and impact of the YMCA's efforts for all stakeholders. Implements effective systems to develop volunteers at program, fundraising, and policy leadership levels. Secures resources and support for all philanthropic endeavors.

Collaboration: Develops strategies to ensure staff and volunteers reflect the community. Builds and nurtures strategic relationships to enhance support for the YMCA. Serves as a community leader building collaborations based on trust and credibility to advance YMCA mission and goals. Communicates for influence to attain buy-in and support of goals. Provides tools and resources for the development of others.

Operational Effectiveness: Integrates multiple thinking processes to make decisions. Involves members and community in the development of programs and activities. Ensures execution of plans. Institutes sound accounting procedures, investment policies and financial controls. Assigns clear accountability and ensures continuous improvement.

Personal Growth: Fosters a learning environment embracing diverse abilities and approaches. Creates a sense of urgency and positive tension to support change. Anticipates challenges that can sidetrack or derail growth and personal learning. 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.

PHYSICAL REQUIREMENT:

• Ability to walk, stand, and sit (including on the floor) for long periods of time.
• Must be able to lift up to 50 pounds in weight.
• Visual and auditory ability to respond to critical situations and physical ability to act swiftly in an emergency