VP, Finance

Description

MISSION

To put the Christian principles of love, respect, honesty, responsibility and service into practice through programs that build a healthy spirit, mind and body for all.

POSITION SUMMARY

This position supports the work of the YMCA of Columbia-Willamette, a leading, philanthropic organization committed to strengthening the foundations of our communities. The Vice-President, Finance stewards the Y’s cause and advocates for the Y’s mission and strategic plan, promoting and protecting the brand and reputation as a global, inclusive organization. The Vice-President, Finance serves on the CEO’s senior leadership team; oversees and manages financial matters, investments and information systems; and provides strategic direction and leadership for YMCA business operations and initiatives. The Vice-President, Finance also positions the Y as a community convener and collaborator to address critical social issues.

OUR CULTURE

· We are a group of individuals committed to love, integrity, and humility.

· We believe in each other and demonstrate it by holding ourselves and each other accountable, encouraging creativity and empowering each other to act in pursuit of our mission.

· We will create lasting impact in our communities by how we look, how we behave, what we say, how we treat others, how we do our jobs, and how we live our lives.

GENERAL RESPONSIBILITIES

I. Financial Development

Working with the YMCA’s CEO and upper management, manages the YMCA’s finances, establishes budget processes and monitors revenue/expense, controls costs, and ensures that operating strength and integrity are sustained. Direct areas of responsibility include:

a. monitors monthly financial operations, prepares analysis and reports, and gives guidance to executive and regional staff; works closely with regional staff on issues that affect financial outcome; secures and allocates program or project resources so that strategic objectives can be achieved

b. 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

c. 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

d. manages investments, including endowments, under the direction of the Investment Sub-Committee, and within the risk tolerance expressed by the Board via the Investment Plan and Investment Policy

e. develops performance indicators and measurement systems for tracking strategic plan objectives; evaluates current business models and makes recommendations to modify or redesign business models
where necessary

f. oversees preparation of reports to YUSA and governmental agencies

g. oversees preparation of annual tax returns, including IRS Form 990 and property tax returns

h. works with the CEO in the development of the annual operating budget; works closely with regional staff to ensure that regional budgets are well-planned, realistic, and prepared in a timely manner

i. establishes, maintains and/or monitors all banking and financing relationships

j. provides strategic direction and analysis for all financing by the Association, including leasing, banking and other relationships to ensure the Association is properly financed and compliance obligations are met

k. collaborate with regions to develop operating pro-forma, financial modeling and analysis to identify opportunities and risks associated with projects, ventures and programs

l. oversee negotiation and execution of material vendor agreements, bids, contracts and services to ensure optimal service and pricing

m. work with CEO and COO to select and engage outside consultants, including financial advisors, auditors, and attorneys.

n. manage cash flow and forecasts by working with regions to develop cash flow projections, including operating forecast and capital needs

o. understand scope of risks within the organization, assess impacts, work with leadership to mitigate risk and report on exposures

p. oversee annual commercial insurance renewal alongside broker

q. ensures all General Ledger, Fixed Asset and Financial Statement systems and files are maintained in an orderly fashion.

II. Philanthropic Development

Working with the CEO, Vice-President of Philanthropy, and related staff, ensures the success of the Y’s annual philanthropic plan. Direct areas of responsibility include:

a. works directly with the association’s Vice-President of Development in all aspects of ann