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The Chief Financial Officer (CFO) provides executive leadership and oversight of the financial and accounting operations of assigned Colorado YMCAs. The CFO works closely with the YMCA leadership to ensure the financial health, integrity, and operational effectiveness of the YMCAs by providing exceptional and accurate financial and accounting management, stewardship, and accountability. As a key member of the executive team, the CFO, with the support of a rightsized, cost-effective shared services team, is responsible for budgeting, forecasting, financial reporting, treasury management, investments, audits, compliance and financial and accounting systems for each Colorado YMCA. The CFO ensures that the shared services staffing structure and cost-allocation methodology remain transparent, budget-proportional, and scaled to each Association’s size and need.
OUR CULTURE:
Our mission and core values are brought to life by our culture. In the Y, we strive to live our cause of strengthening communities with purpose and intentionality every day. We are welcoming: we are open to all. We are a place where you can belong and become. We are genuine: we value you and embrace your individuality. We are hopeful: we believe in you and your potential to become a catalyst in the world. We are nurturing: we support you in your journey to develop your full potential. We are determined: above all else, we are on a relentless quest to make our community stronger beginning with you.
ESSENTIAL FUNCTIONS:
- Oversee accounting, financial reporting, treasury, cash management, banking relationships, debt obligations, and investment activities.
- Ensure the accuracy, integrity, and timeliness of financial records, transactions, and reporting systems.
- Provide leadership and oversight for finance, accounting, information systems, and other assigned functions.
- Design, implement, and regularly reassess a shared services staffing model – including centralized and local/embedded roles – that scales to each Association’s budget, transaction volume, and operational need, rather than applying a uniform staffing structure across all Associations.
- Develop and maintain a transparent, budget-proportional cost allocation methodology for shared financial services; monitor and report annually on cost impact to each participating Association relative to prior arrangements.
- Lead the annual budgeting process, financial forecasting and performance monitoring.
- Provide financial analysis, reporting, and recommendations to executive leadership and the Boards to support informed decision-making.
- Partner with operational leaders to align resources, capital investments, and growth initiatives with organizational priorities.
- Evaluate trends, organizational performance, and business models to support long-term sustainability and strategic objectives.
- Manage organizational investments and financing activities in accordance with Board-approved policies and risk tolerance. Page 2 of 3 • Monitor financial performance and recommend actions to strengthen fiscal health and achieve organizational goals.
- Serve as staff liaison to assigned Board committees.
- Prepare and present financial reports, forecasts, and recommendations to the Board and committees.
- Support effective governance through policy development, implementation monitoring, and financial stewardship.
- Build strong and appropriate relationships with Board members, volunteers, and key stakeholders to advance organizational impact.
- Maintain strong internal controls, financial policies, compliance practices, and accountability systems throughout the organization.
- Oversee internal and external audits, regulatory filings, Form 990 preparation, YMCA of the USA compliance, and compliance with all other applicable standards and requirements.
- Maintain Colorado Secretary of State reporting compliance.
- Ensure compliance with accounting standards, legal requirements, grant obligations, and reporting requirements.
- Recruit, develop, and lead high-performing teams while fostering a culture of accountability, collaboration, and continuous improvement.
- Support the financial and operational development of leaders across the organization.
- Maintain productive relationships with auditors, bankers, investment advisors, attorneys, and other professional partners.
LEADERSHIP COMPETENCIES:
- Critical Thinking & Decision Making
- Fiscal Management
- Program/Project Management
- Volunteerism
WORK ENVIRONMENT & PHYSICAL DEMANDS:
Essential functions are the fundamental job duties, meaning the position exists to perform the function; there is a limited number of employees among whom the performance of the function can be distributed; and/or the incumbent is hired for expertise or ability to perform the function due to its high specialization. The Americans with Disabilities Act of 1990 (ADA) and associated Federal regulations protect qualified individuals with disabilities from discrimination in all areas of employment. To be considered qualified, an individual must be able to perform the essential functions of a position, with or without reasonable Page 3 of 3 accommodation. It is important that the physical tasks associated with the essential functions be identified appropriately so that persons with disabilities can determine if any accommodation is necessary.
ACKNOWLEDGEMENT
This job description is not:
- Meant to be all-inclusive
- A written or implied contract
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field required; MBA, CPA, CMA, or other advanced credential strongly preferred.
- Minimum of 8-10 years of progressive experience in accounting, financial management, and leadership roles.
- Strong knowledge of accounting, budgeting, forecasting, financial reporting, treasury and cash management, audits, internal controls, compliance, business taxes, banking, and debt financing.
- Experience with investment management and asset allocation.
- Proven leadership experience managing and developing high-performing staff teams.
- Experience in multi-site organizations.
- Experience working with nonprofit organizations, including YMCA, multi-entity, or multi-location environments, preferred; YMCA Organizational Leader certification preferred.
- Experience designing or leading shared/centralized financial services across multiple affiliated nonprofit organizations, including scalable staffing models and equitable, budget-proportional cost allocation approaches, strongly preferred.
- Demonstrated ability to collaborate effectively with executive leadership, boards, and volunteer committees.
- Knowledge of financial and business systems, including system selection, implementation, project management, and proficiency with computer applications.
- Strong written, verbal, presentation, analytical, organizational, and time-management skills, with the ability to prioritize multiple responsibilities effectively.
- Positive, proactive, and solutions-oriented approach to leadership and problem-solving.
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