Serves as a member of the President/CEO’s senior leadership team, providing strategic leadership in financial management to advance the YMCA’s mission through effective stewardship. Oversees and manages financial matters, investments, and debt financing. Provides direction and leadership for YMCA business operations and strategic initiatives. Assists with development of policies and ensures their implementation.
Monitors monthly financial operations, prepares analysis and reports, and gives guidance to operating staff. Works closely with operations staff on issues that affect financial outcome. Prepares specific recommendations.
Serves as primary staff to the Finance Committee of the Board of Directors.
Manages the staff and oversees the business service department, including finance and payroll.
Develops, implements and ensures compliance with internal control systems for the YMCA and oversees compliance on a variety of policies and standards. Provides recommendations for improvement.
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.
Manages investments, under the direction of the Investment Committee, and within the risk tolerance expressed by the Board 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 United Way, YMCA of the USA and governmental agencies. Oversees preparation of tax returns.
Oversees the development of the annual operating budget, including all center budgets. Works closely with operations staff to ensure that center budgets are well-planned, realistic, and prepared in a consistent and timely manner.
Manages tax-exempt bond transactions and files all necessary reports. Establishes, maintains and/or monitors all banking and financing relationships.
Maintains all necessary records and accounting reports and records all transactions on a timely basis.
Maintains good working relationships with auditors, bankers, investment counselors, attorneys and other professional advisors.
Represents the YMCA with key community organizations and events as required.
Ability to manage real estate leases, sales, acquisitions and related contracts.
YMCA Culture & Cause Expectations
Our mission and core values are brought to life by our culture. It’s who are, who we aspire to be and how we show up every day. We are cause-driven. We don’t just show up, we show up with purpose. As a cause driven leader you are expected to be:
Welcoming-Accept neighbors eagerly, warmly, hospitably, and as equal participants.
Nurturing-To care for, support, and help develop through encouragement.
Hopeful-Take an optimistic or positive view of future outcomes.
Determined-To devote full strength and concentrated attention to the cause.
Genuine–To be honest and open in relationships with others.
Bachelor’s degree in business, finance or equivalent; MBA, CPA or CMA may be preferred.
Ten or more years of experience in accounting and financial management.
Ability to visualize operating results translated into financial statements.
Knowledge and understanding of general business matters required including budget development, financial reporting, cash management, business taxes, banking and debt financing instruments.
Established relationships with rating agencies preferred.
Established relationships with commercial banks preferred.
Knowledge of computer systems, including experience with system selection, new system implementation and project management. Personal computer skills required.
Experience with investment management and asset allocation preferred.
Experience in effectively managing a staff team.
Previous experience with voluntary/non-profit organizations preferred.
Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals. Ability to write routine reports and correspondence. Ability to speak effectively before groups of customers or employees of organization.
May directly supervises exempt and non-exempt employees. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; reviewing and approving timesheets; appraising performance; rewarding and disciplining employees; monitoring and updating all required staff certifications; addressing complaints and resolving problems.
Skills are essential in all of the Microsoft Office applications including Word, Excel, and Access. Ability to use these programs to lighten work load, develop reports and to automate procedures is very necessary. Ability to diagnose basic PC problems and to communicate those problems is very important.
Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
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 stand, walk, sit and talk or hear. The employee must occasionally lift and/or move up to 25 pounds.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
Travel is primarily local between assigned centers during the business day, although some out-of-area and overnight travel may be expected.
Additional Salary Information: The YMCA of Greater Houston has outstanding benefits including medical, dental, and vision insurance, long-term disability, life insurance, paid holidays, generous vacation time and 12% retirement paid by our Association upon meeting eligibility requirements and there is no state tax in Texas. Salary is commensurate with experience.
About YMCA of Greater Houston
Our mission is to put Judeo-Christian principles into practice through programs that build healthy spirit, mind and body for all. Everyone is welcome.
The Y is a cause-driven organization that is for youth development, for healthy living and for social responsibility. A strong community can only be achieved when we invest in our kids, our health and our neighbors.
• The Y is community-centered. For over 125 years, we've been listening and responding to our communities.
• The Y brings people together. All ages and backgrounds connect 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 effect lasting, meaningful change.
Areas of Focus
At the Y, we’ve always known that positive change only comes about when we invest in our kids, our health and our neighbors. All of our programs and community initiatives fall into one or more of the following focus areas: Youth Development, Healthy Living, Social Responsibility.