Job Title: Chief Financial Officer (CFO)
Location: Muncie, Indiana
Reports to: President & CEO
Salary: $90,000 - $107,740
About the YMCA of Muncie
The YMCA of Muncie is a leading nonprofit organization dedicated to strengthening community through youth development, healthy living, and social responsibility. Our mission is to put Christian principles into practice through programs that build healthy spirit, mind, and body for all. We are committed to nurturing the potential of every child and teen, improving the nation's health and well-being, and providing opportunities to give back and support to our neighbors. With a focus on inclusivity, we welcome all individuals regardless of age, income, or background.
Position Overview
The Chief Financial Officer (CFO) is a key member of the senior leadership team at the YMCA of Muncie, providing strategic and operational direction for the organization’s financial health. The CFO will lead all financial operations, including budgeting, forecasting, financial planning, and risk management. As the financial leader, the CFO will ensure the Y’s fiscal integrity, maintain financial stability, and uphold the organization's mission of making a positive impact on the Muncie community.
Key Responsibilities
- Oversee and direct the financial management of the YMCA of Muncie, including budget development, accounting, financial reporting, and audits.
- Lead the development and management of the annual operating and capital budgets.
- Analyze financial trends and forecasts to provide strategic insights and recommendations to senior leadership and the Board of Directors.
- Develop financial strategies and policies to support the sustainability and growth of the organization.
- Ensure compliance with all financial and accounting regulations, including overseeing audits and tax filings. Initiates necessary internal controls.
- Manage cash flow and ensure the availability of funds for operational and capital needs.
- Lead and mentor the finance team, providing oversight and professional development; identifying, analyzing and resolving financial concerns.
- Collaborate with the COO and department heads to develop budgets and manage financial resources effectively.
- Present regular financial reports to the CEO, Board of Directors, and Finance Committee.
- Ensure effective management of endowment funds and grants, including reporting and compliance with donor requirements.
- Manage relationships with banks, auditors, and other financial partners.
- Contribute to strategic planning and organizational decision-making as a key member of the executive team.
- Coordinates short-term and long-term financing, including lease/purchasing transactions.
- Supervises the Management Service Organization (MSO) Liaison and the Human Resources (HR) Director.
- Contributes to the YMCA of Muncie Building Corporation.
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field (MBA or CPA preferred).
- A minimum of 7-10 years of progressively responsible financial leadership experience, ideally in the nonprofit sector.
- Demonstrated experience in financial planning, analysis, and budgeting.
- Experience with financial management systems and software (knowledge of DAXKO preferred).
- Strong analytical and problem-solving skills, with the ability to translate complex financial data into actionable insights.
- Exceptional leadership, communication, and interpersonal skills.
- Commitment to the YMCA’s mission and values, with a passion for strengthening community.
- Experience in managing grants and endowment funds is a plus.
Benefits
- Competitive salary and benefits package, including health insurance, retirement plan with YMCA contribution, and paid time off.
- Professional development opportunities.
- Free YMCA membership for employees and immediate family.
- Opportunity to be part of a mission-driven, community-focused organization that positively impacts thousands of individuals every year.
Key Dates Overview:
Job Posting: October 1, 2024 – October 15, 2024
Application Deadline: October 31, 2024
Initial Screenings: November 1, 2024 – November 10, 2024
Second-Round Interviews: November 13, 2024 – November 17, 2024
Offer Extended: November 20, 2024 – November 24, 2024
Start Date: December 15, 2024
How to Apply
- Apply via www.Muncieymca.org – Career Center, by October 31, 2024. Please attach a cover letter, resume and any other certification through the recruitment module when applying.
- Applications will also be accepted via email to: HR@muncieymca.org by October 31, 2024. Please include “CFO Application – YMCA of Muncie” in the subject line. A cover letter, resume and any other certifications will also need to be attached along with the submission of the application.
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