YMCA of Greater Seattle

Chief Financial Officer

Job Locations US-WA-Seattle
Posted Date 3 weeks ago(2/28/2018 2:21 PM)
Regular Full-Time
# of Openings
Association Office
909 4th Avenue


The YMCA of Greater Seattle is the Northwest’s leading nonprofit organization strengthening communities through youth development, healthy living and social responsibility. The Y nurtures the development of children and teens, equips and encourages people to improve their health and well-being and mobilizes volunteers and community partners to address critical social needs. Founded in 1876, the Y enhances the lives of more than 260,000 people annually through 13 branches, two overnight camps and hundreds of program sites throughout King and south Snohomish counties.  


Our Cause & Community Presence

At the Y, strengthening community is our cause. We work side-by-side with our neighbors throughout King and south Snohomish counties to help kids and families thrive – and apply their positive behaviors and goals at home, school, the workplace and beyond.

  • 13 branches
  • 2 overnight camps
  • More than 200 program sites

The Y’s mission and broad range of services continue to be of high need and significant benefit to the communities of Greater Seattle.  This is a time of growth as the Y opened a new branch in Sammamish in 2016 with plans to begin construction in 2018 for a branch in Kent as well as plans for a major replacement of the University District Y.  Annual revenue for 2017 was over $100 million with expenses just above $90 million.  The excess of revenue is primarily the result of a multi-year capital campaign.   Total assets exceed $225 million with net assets of approximately $180 million.  The corporate administration offices are located in downtown Seattle on 4th Ave.

The Y is an equal opportunity employer committed to workplace diversity, inclusion and equity.



 TO APPLY Contact CFO Selections:


Alex de Soto – (206) 686-4480 x136 or email to Alex@CFOSelections.com


Jamie Peters– (206) 686-4480 x121 or email to JPeters@CFOSelections.com




With a holistic organization perspective, focused on the achievement of the mission, the CFO position ensures the Seattle Y’s present and future financial viability and utilizes technology systems to have efficient operations and metrics to manage performance, and is responsible for having strong risk management policies and processes.  The CFO serves as a key member of the senior leadership team and participates in general management and decision-making.  An overriding goal of the senior leadership team is to strengthen the foundations of our communities through aligned, equitable, productive, collaborative and sustained internal and external partnerships.


The CFO reports to the CEO and:

  • provides fiscal leadership for strategic initiatives and collaborates with operations in evaluating and assisting with their financial plans and economic modeling,
  • engages in and provides management recommendations concerning financial strategic and tactical planning,
  • provides senior leadership staff support to the board of directors and the board finance, audit, insurance and investment committees,
  • oversees and directs the general financial, investment, information systems, risk management affairs, and member and donor services of the Association.




  • High performing, impact-driven staff team that successfully collaborates across the Association building productive relationships with branches, camps and other Association departments in support of the Seattle Y mission.
  • Annual integrated enterprise plans aligned with Vision 2025 for areas of accountability, finance, information systems, member/donor services and risk management that support the Association’s overall strategic plan.
  • Annual tactical plans for areas of accountability in support of Vision 2025.
  • Productive, collaborative working relationships with external partners, vendors, regulatory bodies and community leaders.
  • Reports, filings, executive and daily management dashboards, presentation materials and documents relevant to areas of accountability, compliant with applicable federal, state and local regulatory authorities, agencies and suitable to represent the Association to the Board and at high levels of community, government and corporate organizations. suitable to represent the Association management to the Board and at high levels of community, government and corporate organizations
  • Performance metrics for areas of accountability at or above annually established goals.





  1. Provides strategic financial input and leadership on initiatives, issues affecting the Association inclusive of the evaluation and recommendation of potential community alliances, collaborations, investments, etc.
    1. Develops and utilizes effective planning, modeling and forecasting tools in support of Association strategies, initiatives, etc.
  2. Participates in the development of the corporation's plans and programs as a strategic partner.
  3. Evaluates and advises on the impact of vision planning, introduction of new programs/ strategies and regulatory action.


Senior Association Leadership

  1. Maintains credibility and productive collaborative working relationships throughout the Association and with the Board and Board committees as an effective developer of solutions to business challenges.
  2. Leads and/or participates in major cross-functional/Association projects within and outside of direct areas of accountabilities.
  3. As needed, represent the CEO within the Association and the broader communities.

Staff Management and Development

  1. Provides overall leadership and management of staff/team members within Accounting, Risk Management, Membership/Donor Backroom Operations, and Information Services, inclusive of hiring, performance management and development.
  2. Evaluates each of the CFO’s departments’ structure and team plan for continual improvement of the efficiency, effectiveness and engagement of the teams.


Investment and Treasury Management

  1. Manages, with the assistance of the Board Investment Committee and investment advisor with discretionary authority, the long term investment of endowment and reserve funds, seeking to achieve the highest returns possible within the risk tolerance expressed by the Board via the investment policy.
  2. Optimizes and manages the banking, financing and investment advisor relationships. Regularly assess investment management, risk, asset allocation and investment policy. Initiates appropriate strategies to enhance cash position.
    1. Manages the investment of cash from new gifts and the distribution of cash for spending.
    2. Ensures that accurate and useful recommendations and reports are available to staff, board, committees, and other interested parties.
    3. Seeks to increase the value of the endowment through investment earnings, a prudent spending policy, and through soliciting the occasional endowment contribution.
  3. Manages the investment of short-term operating cash.
  4. Manages tax-exempt bond and interest rate swap transactions and files all necessary reports.


Financial, Risk and Information Services Management

  1. Plans, develops, organizes, implements, directs and evaluates the Association's fiscal, risk and information system functions and performance.
  2. Develops performance indicators and measurement systems relative to areas of accountability for tracking progress toward strategic plan objectives.
  3. Works closely with the CEO, Board and other senior executives concerning financial issues. Monitors monthly financial operations, prepares accurate analysis of and guidance concerning financial reports, trends to ensure short and long term goals and objectives are met.  Prepares specific recommendations.
  4. Oversees the development of the annual operating budget, including all branch budgets, and all Association Office budgets. Works closely with each member of the senior leadership team to ensure that branch budgets are well-planned, realistic, and prepared in a timely manner.
  5. Develops a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs.
  6. Oversees preparation of reports to United Way, YMCA of the USA and governmental agencies. Oversees preparation of tax returns.
  7. Reviews all significant legal contracts for the Association and is primary contact with legal counsel on all non-human resources matters. Manages risk associated with various contracts by crafting appropriate contract language, using legal counsel when warranted.  
  8. Enhances and/or develops, implements and enforces policies and procedures of the Association by way of systems that will improve the overall operation and effectiveness of the Association.
  9. Ensures that current accounting standards and legal requirements are met. Reviews, updates, and/or develops internal control systems for the Association and oversees internal audits.
  10. Oversees and certifies the annual audit and meets periodically with the outside auditors to maintain communications and keep them informed of changes in the Association.
  11. Manages litigation within areas of accountability.


Volunteer and Community Relations

  1. Works directly with the Finance, Investment, Audit and Insurance Committees of the board to build volunteer relationships, develop policies, monitor their implementation and operation and meet the related financial needs of the Board.
  2. Represents the Association with key community organizations and events as required.



  • Education/Certifications
    • Bachelor’s degree in business, finance or equivalent coursework.
  • Functional Technical Experience
    • Minimum ten years’ experience
      • in the capacity of organizational/business leader with a financial management background; and,
      • effectively engaging and managing a multi-team organization.
    • Successful financial management in organizations with $100+M in revenues, derived from multiple sources.
    • Direct experience with investment management, asset allocation, bond financing and other complex investment instruments.
    • Direct experience working with Boards of Directors and Board Committees.
    • Strategic visionary experience with sound technical skills, analytical ability, good judgment and strong operational focus.
    • Experience with and understanding of general business matters including balanced metrics/scorecards, budget development, financial reporting, cash management and investments, business taxes, banking relationships, debt financing instruments and not-for-profit fund raising.
    • Direct experience overseeing the information technology department with strong understanding of technology system selection, new system implementation and project management.
  • General Experience and Abilities
    • Excellent communication (verbal and written) skills, inclusive of successful experience directly preparing and delivering materials and presentations on controversial or complex topics that influence decision makers at high levels of foundations, government, community organizations, corporations and across diverse communities of interest.
    • Ability to read, analyze, and interpret the most complex documents.
    • Ability to work as a member or leader of cross-functional teams in a collaborative and productive manner
    • Proven ability to relate to people at all levels of an organization and successfully work with leaders possessing a wide range of financial skills and acumen.
    • Demonstrated ability to develop strategic and operational plans and successfully implement through change management.
    • Ability to align with and provide leadership to the Seattle Y’s mission, values and commitment to advancing equity.
    • Ability to respond effectively to the most sensitive inquiries or complaints.
    • Strong personal computer skills



  • Education
    • Advanced education or degree MBA, Masters in Finance, or related field
    • Certified Public Accountant or Certified Management Accountant designation
  • Functional Technical Experience
    • Experience with voluntary/non-profit organizations.
    • Successful contract negotiation experience
  • General Experience and Abilities
    • Ability to be decisive while maintaining a "big picture" perspective
    • Knowledge of, and previous experience with, diverse populations (language, culture, race, physical ability, sexual orientation, etc.).
    • Ability to speak any language in addition to English.
    • YMCA Organizational Leader certification.



Organizational Leader – Cause Driven Leader Level

  • Mission Advancement
    • Values
    • Community
    • Volunteerism
    • Philanthropy
  • Collaboration
    • Inclusion
    • Relationships
    • Influence
    • Communications
    • Developing Others
  • Operational Effectiveness
    • Decision Making
    • Innovation
    • Project Management
    • Finance
    • Quality Results
  • Personal Growth
    • Self-Development
    • Change Capacity
    • Emotional Maturity
    • Functional Expertise



 TO APPLY Contact CFO Selections:


Alex de Soto – (206) 686-4480 x136 or email to Alex@CFOSelections.com


Jamie Peters– (206) 686-4480 x121 or email to JPeters@CFOSelections.com


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