The YMCA of Greater Seattle is the Northwest’s leading nonprofit organization strengthening communities through youth development, healthy living and social responsibility. The Y nurtures the development of children and teens, equips and encourages people to improve their health and well-being and mobilizes volunteers and community partners to address critical social needs. Founded in 1876, the Y enhances the lives of more than 260,000 people annually through 13 branches, two overnight camps and hundreds of program sites throughout King and south Snohomish counties.
This is a time of growth as the Y opened a new branch in Sammamish in 2016 with plans to begin construction in 2018 for a branch in Kent as well as plans for a major replacement of the University District Y. Annual revenue for 2017 was over $100 million with expenses just above $90 million. The excess of revenue is primarily the result of a multi-year capital campaign. Total assets exceed $225 million with net assets of approximately $180 million. The corporate administration offices are located in downtown Seattle on 4th Ave.
The Y is an equal opportunity employer committed to workplace diversity, inclusion and equity.
Seattle, a city on Puget Sound in the Pacific Northwest, is surrounded by water, mountains and evergreen forests, and contains thousands of acres of parkland. Washington State’s largest city, it’s home to a large tech industry, with Microsoft and Amazon headquartered in its metropolitan area and is also the home of Starbucks and Nordstrom. The Boeing Company and United Parcel Service both started out in Seattle. This is a city of great innovation combined with a deep passion for the natural environment. Below are a few links to get you started in learning more about Seattle, the Emerald City.
With a holistic organization perspective, focused on the achievement of the mission, the CFO position ensures the Seattle Y’s present and future financial viability, utilizes technology systems to have efficient operations and metrics to manage performance, and is responsible for having strong risk management policies and processes. The CFO serves as a key member of the senior leadership team and participates in general management and decision-making. An overriding goal of the senior leadership team is to strengthen the foundations of our communities through aligned, equitable, productive, collaborative and sustained internal and external partnerships.
The CFO reports to the CEO and:
provides fiscal leadership for strategic initiatives and collaborates with operations in evaluating and assisting with their financial plans and economic modeling,
engages in and provides management recommendations concerning financial strategic and tactical planning,
provides senior leadership staff support to the board of directors and the board finance, audit, insurance, and investment committees,
oversees and directs the general financial, investment, information systems, risk management affairs, and member and donor services of the Association.
POSITION QUALIFICATIONS SUMMARY
Bachelor’s degree in Business Administration or Accounting. MBA and/or CPA (active or inactive) are highly desired.
Commitment to the missions of youth development, healthy living and social responsibility.
Desire to being a leader in an organization committed to diversity and social equity. Able to analyze vendor relationships from a social equity perspective, not just the lowest price.
Successful financial management in organizations with $100+M in revenues, derived from multiple sources.
Direct experience with investment management, asset allocation, bond financing and other complex investment instruments.
Direct experience working with Boards of Directors and Board Committees.
Experience with voluntary/non-profit organizations
Knowledge of, and previous experience with, diverse populations (language, culture, race, physical ability, sexual orientation, etc.).
Strong financial planning and analysis skills.
Employer will assist with relocation costs.
About CFO Selections
CFO Selections provides finance and accounting interim consulting and executive search services to a wide range of organizations in the Pacific Northwest. Established in 2002, the company focuses on locating and recruiting the highest caliber senior-level talent available. Its team of consulting CFOs and Controllers work in a collaborative and problem- solving way to generate maximum results.