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Company name
YMCA of the USA

Charlotte, NC

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Under the direction of the Chief Executive Officer (CEO) and consistent with the Christian mission of the YMCA, the CFO is responsible for leading and directing association financial strategy and for managing the Finance / Accounting function. While maintaining sound balance sheet discipline, s/he will work with the CEO, COO, other staff leaders and key volunteers on the development of new branches and expansion or repositioning of existing branches. The CFO will initiate discussions of strategic financial and operational issues; in addition, s/he will provide direction and leadership of key initiatives. When appropriate, the CFO will function as a spokesperson for the YMCA with various Branch Boards and the Metro Board of Directors.


Four-year degree in accounting or finance, preferably an MBA or advanced degree. CPA designation is preferred but not required.

Twelve to fifteen years of progressive financial management experience, including three to five years experience as a CFO or Divisional CFO for a sizable public or private company.

Deep knowledge of accounting fundamentals, financial processes and internal controls.

Knowledge of capital structure and financing issues, experience with significant ($10M ) long-term borrowing and/or restructuring of such loans.

Demonstrated ability to successfully negotiate with lenders, landlords, insurance carriers, and similar vendors whose work has organization-wide financial and operational impact.

Familiarity with insurance programs and policies, as well as risk management strategies / programs.

Ability to relate to employees in a positive manner, emphasizing cooperation and teamwork.

Strong verbal and written communication skills.

Experience with multi-location entities, their management and operation.


Sit for extended periods of time



Push, pull and lift up to 30 lb

Ability to work in excess of a 40-hour week with irregular work hours

Ability to speak concisely and effectively communicate

Ability to travel as needed

Essential Functions

Leadership and management of the financial reporting and accounting functions for a $92 million organization with 20 locations including two resident camps and over 4,000 employees: Supervise VP-Accounting &Finance and accounting staff; monitor / manage monthly closing process, internal controls, cash management, short-term investments and short-term borrowings.

Oversight of the Association’s balance sheet, capital structure, long-term borrowings and short-term borrowings, including bond issuance ($47 million as of 3/31/2018), lines of credit, bridge financings and investments; provide leadership of the Association’s ongoing multi million dollar capital spending plans (could range from $5 million to $20 million in a given year).

Financial planning and forecasting: Provide monthly/quarterly reports on the Association’s cash flow. Work with Financial Development staff to provide long-term financial projections, which integrate the expected results from fund raising initiatives. Work with VP-Facilities to project capital expenditures. Support COO and volunteer leadership of the YMCA’s Capital Planning Committee.

Management Reporting: Work with COO and operations staff to report on monthly performance of the Association, including analysis of major variances from budget and prior year. Update year-end Association and Branch forecast on a monthly basis. Provide summary-level information to volunteer-treasurer for periodic reports to the Board.

Budgeting: Supervise and lead an effective budgeting process for the Association. Carefully monitor cost allocations, shared services charges and similar issues to ensure inter-entity activity is properly analyzed and reported. Continuously improve the processes and tools used for these activities, with a focus on adding value.

Supervision andpreparation of year-end audited financial statements and quarterly compiled financial statements; management of the audit process.

Coordination of year-end tax return (990) preparation; management of IRS compliance issues.

Endowment investment management (> $14 million invested as of 12/31/2017), coordination with financial development staff and branch staff.

Insurance and risk management: arrange and negotiate liability and property insurance coverage. Coordinate coverage discussions with Director of Risk Management (who reports through the Y-Experience function in operations). Lead the Association’s Enterprise Risk program in coordination with all senior and volunteer leadership.

Communications: Work with the YMCA’s Treasurer, Finance Committee Chair, Audit Committee Chair, Investment Committee Chair and other volunteers on their periodic reports to the YMCA’s Board of Directors. When appropriate, provide leadership for presentations to Branch Boards related to Association-wide initiatives.

Association Strategy: Drive the Association in its strategic consideration of finance issues, branch development, significant transactions / negotiations and related areas. Actively participate in the evaluation of strategic issues not discussed above

Cause-Driven Leadership® Competencies

Mission Advancement:

Incorporates the Y’s mission and values into the organization’s vision and strategies. Ensures community engagement; promotes the global nature of the Y. Leads a culture of volunteerism ensuring engagement, inclusion, and ownership. Leads a culture of philanthropy.


Advocates for and institutionalizes inclusion and diversity throughout the organization. Initiates the development of relationships with influential leaders to impact and strengthen the community. Is recognized as an inspirational community leader who navigates complex political and social circles with ease. Communicates to engage and inspire people within and outside the YMCA. Ensures that a talent management system is in place and executed effectively.

Operational Effectiveness:

Possesses penetrating insight and strong strategic and critical thinking skills. Invests resources in well-designed innovation initiatives. Creates a structure to deliver organization-wide results to achieve objectives. Develops and implements stewardship strategies. Determines benchmarks and ensures appropriate leadership to meet objectives.

Personal Growth:

Creates a learning organization. Effectively drives change by leveraging resources and creating alignment to expand organizational opportunities. Shares authority and demonstrates courage and

humility. 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.

Company info

YMCA of the USA
Website :

Company Profile
We know that lasting personal and social change comes about when we all work together. That’s why at the Y, strengthening community is our cause. Every day, we work side-by-side with our neighbors to make sure that everyone, regardless of age, income or background, has the opportunity to learn, grow and thrive. The Y is a nonprofit like no other. That’s because in 10,000 neighborhoods across the nation, we have the presence and partnerships to not just promise, but deliver positive change. The Y is community centered. For nearly 160 years, we’ve been listening and responding to our communities. The Y brings people together. We connect people of all ages and backgrounds to bridge the gaps in community needs. The Y nurtures potential. We believe that everyone should have the opportunity to learn, grow and thrive. The Y has local presence and global reach. We mobilize local communities to affect lasting, meaningful change.

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