Chief Finance Officer

at  YMCA of Greater Saint John

The YMCA of Southwestern New Brunswick is working hard to address the critical issues facing the region: the health crisis, population decline, youth outmigration and child poverty. At the Y, we are striving to build a diverse and inclusive community where each person is valued for the unique perspectives and contributions they bring.
The Y team is a community of 450 employees and 500 volunteers, offering a diverse set of programs at 19 locations within the city and surrounding municipalities. If you don’t have a Y story yet – now is your opportunity. We invite you to see what the power of belonging can do for you, your career and your community.
The Opportunity
As a Chief Finance Officer (CFO), you will be responsible for overseeing the financial and IT strategy, planning, and management of the organization. In this role, you will play a critical role in driving financial performance, ensuring fiscal health, and aligning financial operations with the organization’s long-term goals. This role involves managing financial reporting, budgeting, cash flow, payroll and employee benefits, IT systems and investments while ensuring compliance with relevant laws and regulations. The CFO is a key member of the senior leadership team; provides strategic recommendations to the CEO and Board of Directors; leads financial risk management; and supports key initiatives such as capital projects and organizational growth.

Overall Accountabilities:

• Financial Management
• Budgeting and Forecasting
• IT Road Map and Operating Systems
• Financial and Association Strategic Collaboration
• Association and Team Leadership
• Board Relations and Reporting
• Tax filing, Compliance, and Insurance
• Risk Management

The YMCA has two separate funds which will require the CFO to manage, operations and endowment. These require knowledge of fund accounting and the intricacies of consolidation.
Responsibilities

Financial Management:

• Development, analysis, and interpretation of statistical and accounting information in order to assess and communicate the operational results in terms of profitability, performance against budget, and other matters relating to the financial and operational effectiveness of the Association;
• Prepare and present all financial reports to the Senior Leadership Team (SLT) and Board of Directors, providing projections, analysis and recommendations as needed;
• Provides support and strategic advice to the CEO, Board and senior staff regarding the operational and administrative infrastructure of the Association including finance, IT, data management, grant administration and office and registration administration.
• Maintain the accounting and operating systems with appropriate controls and procedures to ensure accuracy of financial information;
• Maintain the financial records to satisfy corporate and legal accounting, reporting standards and requirements, as well as, providing relevant and timely management information;
• Ensures compliance with CRA filings and other regulatory bodies and manages the annual audit process.
• Provides consultation and guidance in all financial matters related to operations, capital or special projects, including viability and impact on the Association.
• Ensures adequate risk management plan is in place including appropriate insurance coverage at all levels. Reviews all contracts from a financial and legal perspective.
• Manages Association Finance and Risk Management and Endowment Investment/Finance Committees;
• Manages the IT function and oversees implementation and updating of IT strategies;
• Ensures payroll adheres to employment legislation and administers the group benefits plan and pension plan;
• Ensures operating procedures and policies are up to date and adhered to;
• Provide Leadership and mentorship to the Finance and IT Team, fostering a culture of continuous improvement and “In-Service too”
• Foster an inclusive working environment for the Finance team, with a focus on developing and growing high performing staff and providing opportunities for growth
• Collaborate with Executive, Senior, and People Leaders across the Association to educate and build strong financial understanding

Philanthropy, Community Relations, Promotion and Marketing:

• Demonstrate and promote a personal understanding of and appreciation for the mission, vision, and values and the YMCA programs and services.
• Participates in annual campaign events and fundraising initiatives and represents the Association at community events.
• Provide input and achieve the YMCA’s strategic goals through participation on the association’s Senior Leadership Team and through the effective performance management of all department staff and volunteers.

Other Duties: Any other tasks as required.

Competencies:

• Coaching and Development: Commits to assisting staff, volunteers, and participants in continuous learning and development.
• Leadership: Ability to develop and direct performance of others to achieve desired results.
• Effective Interpersonal Communications: Ability to speak, write, listen, and secure information in a variety of settings.
• Self-Management: Ability to direct personal performance to achieve desired results.
• Teamwork: Ability to work effectively with others to achieve optimal collective results.
• Flexibility/Managing Change: Strong political acumen with ability to understand the environment and initiate and respond effectively to changing conditions.
• Stewardship: Ensure the health of the Association today, while protecting and enhancing the future.

Qualifications:

• CPA designation plus a university degree in related field or related experience
• 3 years of senior leadership/management experience or equivalent
• Experience producing monthly financial statements, cash management, accounting in charitable and non-profit organizations, and dealing with banks and other stakeholders.
• Strong communication and interpersonal skills, both written and verbal
• Proven experience implementing internal controls and measuring performance indicators
• Strong knowledge of relevant business technology; experience with Accpac software is an asset
• Ability to furnish clean Criminal Record Check and Vulnerable Sector Search prior to accepting position

What We Offer:

• YMCA membership
• In-house training and professional development opportunities
• Uniform and uniform allowance
• Personal “Y Day”
• Competitive compensation package, including benefits and pension plan
• Opportunities for career growth
• Opportunities for cross-training across department
• Paid job related certifications (i.e. First aid/CPR)

We ask qualified applicants to submit their cover letter and resume. The YMCA of Southwestern New Brunswick appreciates the interest of all applicants; however, only those selected for interviews will be contacted

Please refer the Job description for details