Director of Finance

Company:  Sioux Falls Family YMCA
Location: Sioux Falls
Closing Date: 04/11/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

POSITION SUMMARY:

The Finance Director oversees and manages financial matters, investments, human resources, and information systems. This role provides direction and leadership for the Sioux Falls Family YMCA's business operations and strategic initiatives. The Finance Director assists with the development of policies and ensures their implementation.

OUR CULTURE:

Our mission and core values are brought to life by our culture. At 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.

ESSENTIAL FUNCTIONS & JOB DUTIES:

  • Monitor monthly financial operations, prepare analysis and reports, and provide guidance to operating staff.
  • Work closely with operations staff on issues that affect financial outcomes and prepare specific recommendations.
  • Ensure that legal and audit requirements are met and that best practices and maximum efficiency are obtained.
  • Prepare ratio, capital structure, statistical and cash flow analysis, and capital budgeting.
  • Manage the staff and oversee the operations of the accounting/finance, information systems, human resources, and other assigned departments.
  • Perform all monthly General Ledger closing procedures and bank account reconciliations.
  • Work directly with assigned committee(s) of the board to build volunteer relationships, develop policies, monitor their implementation, and meet the related needs of the board.
  • Review, update, and/or develop internal control systems for the YMCA and oversee internal audits which check for compliance on a variety of policies and standards. Provide recommendations for improvement.
  • Oversee and certify the annual audit and form 990, and meet periodically with the outside auditors to maintain communications and keep them informed of changes in the YMCA’s policies and operations.
  • Ensure that current accounting standards and legal requirements are met.
  • Develop performance indicators and measurement systems for tracking strategic plan objectives. Evaluate current business models and lead efforts to modify or redesign business models where necessary.
  • Oversee the preparation of reports to YMCA of the USA and governmental agencies.
  • Oversee the preparation of tax returns.
  • Oversee the development of the annual operating budget, including all branch budgets. Work closely with operations staff to ensure that branch budgets are well-planned, realistic, and prepared in a timely manner.
  • Establish, maintain, and/or monitor all banking and financing relationships.
  • Maintain all necessary records and accounting reports and record all transactions on a timely basis, including government contracts and grants.
  • Maintain good working relationships with auditors, bankers, investment counselors, attorneys, and other professional advisors.
  • Represent the YMCA with key community organizations and events as required.
  • Take a leadership role in the annual campaign, articulating mission and needs, and leading assigned aspects of the annual campaign.
  • Work closely with IT staff to ensure that computer and software systems provide accurate information and adequate internal controls. Develop and manage system security, including backup processes. Evaluate issues pertaining to information systems for strategic planning and innovation. Research areas of technology that relate to the YMCA’s needs and make recommendations.

PHYSICAL DEMANDS:

  • Must be mobile with the ability to get from one location in the office or to other locations in and outside the primary office or work site(s).
  • Ability to sit and/or stand for prolonged periods of time.
  • Ability to perform manipulative skills such as writing, using a keyboard and/or calculator with accuracy.
  • Ability to see and read objects closely as in reading/proofreading narrative or financial reports. Ability to read plans, maps, or diagrams and read from a computer monitor.
  • Ability to hear normal sounds with background noise as in hearing, using a telephone. Ability to distinguish verbal communication and communicate through speech.
  • Ability to communicate effectively in oral and written form.
  • Ability to concentrate on complicated detail and complex issues for more than three hours at a time with some interruption, pressure, and changing priorities.
  • Memory to perform multiple and diverse tasks over long periods of time and ability to remember information that has been read, studied, or previously learned.
  • Ability to use knowledge and reasoning to solve complex problems.
  • Ability to learn and apply new information, methodologies, techniques, and legislation applicable to departmental activities.
  • Ability to distinguish between public and confidential information and handle it appropriately.

JOB QUALIFICATIONS:

EDUCATION:

- Bachelor’s degree in business, finance, or accounting required; Master’s degree, MBA, or CPA preferred.

KNOWLEDGE/EXPERIENCE:

  • Five or more years in accounting, tax preparation, budget, grant, and financial management.
  • Investment management and asset allocation experience preferred.
  • Experience in effectively managing a staff team.
  • Experience in non-profit accounting including oversight or preparation of Form 990 required.
  • Knowledge of general business matters including budget development, financial analysis and reporting, cash management, business taxes, banking, and debt financing instruments.
  • Knowledge of computer systems, including experience with system selection, new system implementation, and project management.
  • Personal computer skills including alternative operating systems, database and security management, financial/accounting, and payroll management software (e.g., DAXKO, ADP) required.
  • Must pass CPR/AED/1st Aid certification by an approved provider within 3 months from the original date of hire and maintain while employed.

DESIRED END RESULT:

Successful management of corporate resources in compliance with Federal and State law, implementation of new systems technologies, and modernization and efficiency.

COMPENSATION:

Personnel policy governs work conditions and benefits. The first 90 days of employment are considered a trial period at which time performance will be evaluated by the Chief Executive Officer.

Job Types: Full-time, Part-time

Pay: $30.00 - $35.00 per hour

Expected hours: 25 – 40 per week

Benefits:

  • 401(k)
  • 401(k) matching
  • Flexible schedule
  • Paid time off
  • Vision insurance

Physical Setting:

  • Office

Schedule:

  • Monday to Friday

Experience:

  • Accounting: 5 years (Preferred)

License/Certification:

  • CPA (Preferred)

Ability to Commute:

  • Sioux Falls, SD 57108 (Preferred)

Ability to Relocate:

  • Sioux Falls, SD 57108: Relocate before starting work (Required)

Work Location: In person

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