Chief Financial Officer

This position supports the work of the Channel Islands YMCA, a leading nonprofit committed to strengthening communities through youth development, healthy living, and social responsibility. The CFO is responsible for managing the financial actions of the association. Their duties include tracking cash flow, analyzing strengths and weaknesses to propose corrective action plans when necessary and preparing accurate forecasts so that management can make informed decisions about future investments or cuts.

• Must be at least 21 years old
• Bachelor’s degree in related field
• 10+ years related work experience preferred
• Certified Public Accountant or Certified Management Accountant designation is preferred
• Complete required certifications within 60 days of hire
• Complete all required Branch and Position-specific trainings as required within two weeks of hire
• Ability to obtain a criminal record clearance
• Maintain a valid California driver’s license, active participation in the California DMV Pull Program, an acceptable driving record and approval status as determined by the Channel Islands YMCA and/or its insurance carrier

What does a Chief Financial Officer do?

• Work directly with the Finance, Investment, Endowment, Audit, and Risk Management Committees of the board to develop policies and monitor their implementation and operation
• Monitor and coordinate the preparation of financial reports for management, finance committee, granting agencies, YUSA, and governmental agencies when requested
• Manage the investment of operating cash, reserves, and capital funds to maximize investment earnings
• Review, update, and develop internal control systems for the Association
• Coordinate finance committee meetings with committee chair
• Manage accounting, finance, and payroll department
• Ensure compliance with federal, state, and local payroll, wage, and hour laws
• Develop, maintain responsive, and cooperative relationships with auditors, bankers, vendors, and other professional advisors to the Association
• Coordinate preparation of annual audited financial statements in accordance with GAAP
• Coordinate the preparation of the annual IRS 990
• Provide oversight relating to the development of policies and procedures relative to assigned areas of responsibility
• Coordinate the implementation of new technology, including hardware and software programs
• Analyze financial information and develop strategies for recommendations to the CEO and/or finance committee
• Develop budget planning cycle and timeline. Provide staff with budget information, and assist with development and review

Our Commitment to Belonging

At the Channel Islands YMCA, we are committed to building bridges within our communities. We aspire to create spaces, experiences, and a culture where all people belong and feel connected