Job #1179: Senior Vice President of Finance - Ridgewood, NJ (6-21-19)
Job TitleSenior Vice President of Finance
This position supports the work of the Y, a leading nonprofit, charitable organization committed to strengthening community through youth development, healthy living and social responsibility. The Senior Vice President of Finance at the Ridgewood Y serves on the CEO’s senior leadership team; oversees and manages financial matters, investments and information systems; and provides strategic direction and leadership for Y business operations and initiatives for both the Oak Street and Camp Bernie branches. The Senior Vice President of Finance also positions the Y as a community leader and collaborator to address critical social issues.
- Monitors monthly financial performance, prepares dashboard analysis and reports, and gives guidance to executive and operating staff. Works closely with operations staff on issues that affect financial performance. Secures and allocates program or project resources so that strategic objectives can be achieved.
- Responsible for all Treasury functions, including analysis of cash flow and financing needs, relationship with banks and interface with outside investment manager of the Endowment portfolio.
- Responsible for analysis and determination of economic viability of programs and third party relationships; direct input with CEO and Program Managers on pricing of programs and memberships.
- Reviews, updates, and/or develops internal control systems for the Y and oversees internal audits which check for compliance on a variety of policies and standards. Provides recommendations for process and control improvement.
- Manages the staff and oversees the operations of the accounting/finance, information systems and other assigned departments.
- Oversees the annual external audit and meets periodically with the external auditors to maintain communications and keep them informed of changes in the Y. Ensures that current accounting standards and compliance requirements are met.
- Actively engages the board in challenging conversations and decision making to advance the Y's impact. Works directly with assigned committee(s) of the board (e.g., Finance, Investment, Trustees) to build volunteer relationships, develop policies, monitor their implementation and meet the related needs of the board.
- Anticipates trends and their implications on the future of the organization. Reviews investments, under the direction of the Trustees, and within the risk tolerance expressed by the Board of Trustees via the asset allocation policy.
- 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.
- Oversees preparation of reports to Donors, Foundations, YMCA of the USA and governmental agencies. Oversees preparation of tax returns including IRS Form 990.
- Oversees the development of the annual operating budget, including all branch budgets. Guides the organization to make tough choices about what to stop, start, and continue. Works closely with operations staff to ensure that branch budgets are well-planned, realistic, and prepared in a timely manner.
- Manages various types of donation transactions and files all necessary reports. Establishes, maintains and/or monitors all banking, equity and financing relationships.
- Maintains all necessary records and accounting reports; records all transactions on a timely basis.
- Maintains good working relationships with auditors, bankers, investment counselors (MODERA), attorneys and other professional advisors.
- Critical Thinking & Decision Making
- Fiscal Management
- Program/Project Management
- Bachelor’s degree in business, finance or equivalent; MBA, CPA or CMA preferred.
- YMCA Organizational Leader certification preferred.
- Eight or more years of substantive experience in accounting and financial management.
- Knowledge and understanding of general business matters required including budget development, financial reporting, cash management, business taxes, banking and debt financing instruments.
- Knowledge of computer systems, including experience with system selection, new system implementation and project management.
- Personal computer skills required.
- Experience in effectively managing and motivating a team.
- Previous experience with voluntary/nonprofit organizations preferred.
Work Environment and Physical Demands:
- The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- While performing the duties of this job, the employee is regularly required to use a computer for extended periods of time and be able to communicate using a computer and phone/smart device.
- The employee frequently is required to sit and reach, and must be able to move around the work environment.
- The employee must occasionally lift and/or move up to 10 pounds.
- Specific vision abilities required by this job include close vision, distance vision, and the ability to adjust.
- The noise level in the work environment is usually moderate.
Interested candidates should send resumes to Ernie Lamour at: email@example.com. Please mention that you are a member of EisnerAmper's Friends of the Firm program. Make sure to include Job #1179 in the subject line and to copy Nkrumah Pierre and Isabella Brilliant at firstname.lastname@example.org on your email.