1865_Chief Financial Officer (CFO)

$120,000 - $120,000/Yr

World YWCA - Springfield, MA

Full-time - Senior

Springfield, MA

Religious, Grantmaking, Civic, Professional, and Similar Organizations

About the position

The Chief Financial Officer (CFO) at YWCA of Western Massachusetts is a senior leadership role responsible for overseeing the financial and facility-related activities of the organization. This position plays a crucial role in developing and implementing financial strategies that support the YWCA's mission of eliminating racism and empowering women. The CFO will lead the budgeting process, manage financial reporting, and ensure compliance with accounting standards and regulations, while also collaborating with the senior management team to achieve the agency's strategic goals.

Responsibilities

• Oversee and lead annual operations and capital budgeting planning process in consultation with the Executive Director and management team.
• Administer all financial plans and budgets, including capital budgets, and monitor progress and changes.
• Maintain a robust contracts management and financial management/reporting system in consultation with the CEO and Programs staff.
• Ensure adherence to funders' contract billing and collection schedules, maintaining steady financial data and cash flow.
• Oversee all financial, project/program, and grants accounting.
• Collaborate with the management team to ensure the agency's strategic goals are met.
• Oversee the accounting system, banking, debt, cash management, and investment instruments.
• Ensure accuracy, clarity, completeness, and integrity of all financial reporting and compliance with standards and regulations.
• Manage agency-owned and rented facilities, overseeing maintenance and service needs, tenant and vendor agreements.
• Manage the year-end close and annual audit process, liaising with external auditors and the Finance Committee of the Board of Directors.
• Serve as staff liaison to the Finance Committee of the Board of Directors, analyzing and presenting financial reports.
• Ensure financial and operational compliance with state and federal regulations.
• Supervise programmatic and fiscal audits annually by grantors and state agencies.
• Participate in collective bargaining process for Union labor contract negotiations.
• Negotiate annual agency health care plan, liability coverage, and property insurance.

Requirements

• Master's degree in Finance or a related field (MBA preferred).
• Five years or more experience in coordinating audit activities and managing reporting, budget development, and analysis.
• Excellent analytic, communication, interpersonal, and supervisory skills.
• High ethical standards with integrity, self-motivation, and reliability.
• Ability to lift 40 lbs.
• Must be insurable under the agency's insurance policy.

Nice-to-haves

• Experience with automated accounting systems.

Benefits

• Health insurance
• Dental insurance
• 401(k)
• 401(k) matching
• Flexible spending account
• Paid time off
• Parental leave
• Employee assistance program
• Vision insurance
• Life insurance
• Retirement plan