Vice President of Finance

The New Canaan Community YMCA is seeking an experienced, analytical, and energetic professional to join its management team as our new Vice President of Finance. The VP of Finance provides strategic leadership, oversight, and guidance for all aspects of the organization’s finances.

Essential Functions:

The ideal candidate:

• Can develop financial plans that enable the YMCA to fulfill its mission and achieve its strategic goals, while controlling expenses
• Is detail-oriented, organized, and analytical
• Is reliable, a problem solver, and has a strong work ethic
• Is collaborative and has strong decision-making skills
• Can work closely with the Executive Director, Board, and Board Committees, and builds strong relationships with operations staff
• Has excellent communication skills (written and oral) and interpersonal skills
• Has the ability to manage multiple projects in a fast-paced environment
• Meets deadlines

Principal Activities:

• Timely deliver monthly financial reports with the highest level of accuracy to the Executive Director and Board Finance Committee
• Ensure all accounting procedures are in accordance with GAAP
• Supervise the development, administration, and reporting of the annual budget including capital budget
• Manage the YMCA’s cash flow, including collections and receivables, to ensure needed liquidity and adequate return, guided by the level of risk acceptable to the Association
• Ensure financial records are properly maintained and internal controls are in place, communicated, and consistently implemented across the Association
• Ensure reconciliation of balance sheet accounts
• Prepare regular financial forecasts to project fiscal year operating results
• Represent the Association in annual audits and oversee the preparation of IRS Form 990
• Assist Directors to prepare department budgets
• Manage tax-exempt bond compliance
• Provide financial analyses and reports
• Advise Executive Director and Human Resource Department in staff compensation decision-making
• Consult with Director of Financial Assistance to guide process and decision-making
• Oversee the operation of the accounting/finance information systems
• Oversee third party providers of building and information technology services
• Attend and report at Board of Directors and Committee meetings
• Prepare and submit reports to YMCA of the USA and governmental agencies
• Cultivate ongoing working relationships with representatives of the YMCA’s banks, auditors, and other finance-related business relationships
• Oversee growth, development, and advancement of Directors under supervision
• Hire, train, supervise and evaluate performance of staff under supervision
• Serve as a collaborative member of the Senior Staff

Qualifications:

1. Bachelor’s degree in business, finance or equivalent; MBA, CPA or CMA preferred
2. Five or more years of substantive experience in accounting and fiscal management in an organization with an annual budget of $8.5 million
3. Knowledge and understanding of general business matters including budget development, financial reporting, cash management, banking, and debt financing instruments
4. Ability to effectively present data to management and Board of Directors, verbally and in writing
5. Proficiency in Abilia and ActiveNet a plus
6. Strong understanding of nonprofit financial budgeting and management including tracking, analyses, reporting and forecasting
7. Experience supervising three or more full-time exempt staff

Salary range : $120,000 + (commensurate with experience)

The New Canaan YMCA offers comprehensive benefits which include:

• Medical/Dental/Vision coverage - with a 90/10 employee share for medical
• Retirement savings with employer contribution
• Life Insurance and LTD at no cost to employee
• Free Family membership and discounts for programs/activities
• Generous PTO and paid holidays