Chief Financial Officer

Posted:
8/11/2024, 5:00:00 PM

Location(s):
New York, New York, United States ⋅ New York, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Finance & Banking

If you are a current YAI employee, please click this link to apply through your Workday account.

Leads the financial strategy and systems for YAI and its affiliates. A key strategic partner to the CEO and Board on all fiscal matters, guiding and shaping the organization's financial planning, strategic growth opportunities, cash management, banking, financial controls, and accounting. Collaborates and engages with other members of the senior leadership team including the Chief Program Officer, Chief Compliance Officer, and Chief Human Resources Officer, to develop and advance effective systems and strategic initiatives. 

Strategy, Planning and Innovation 

  • Partner with the CEO and Executive Leadership team to assess organizational performance against YAI’s annual budget and long-term strategy; provide recommendations on both financial strategy and operations based on financial projections, cost identification and allocation, and revenue/expense analysis. 

  • Oversee long-term budgetary planning and cost management in alignment with YAI’s strategic plan; identify financial and operational opportunities for revenue maximization and expense minimization to improve YAI’s overall bottom line. 

  • Identify creative and sustainable new funding streams aimed at bringing YAI into a stronger overall financial position. 

  • Engage with other members of the Executive Leadership Team to facilitate cross-departmental collaboration that ensures all financial solutions support YAI’s strategy, program, and service delivery needs. 

  • Report to YAI’s Chief Executive Officer and Boards for YAI and it affiliates on YAI’s financial position and opportunities; generate reports and develop tools to provide critical financial and operational information to the CEO and Board of Directors. 

Financial Management and Systems 

  • Develop and improve systems and processes, financial policies, and procedures, to increase efficiencies across the organization. 

  • Ensure a strong system of oversight and administration of all funding sources including government grants and reimbursement, institutional, and individual donor support through accurate and detailed record keeping and reporting. 

  • Establish strong communication with funders to optimize reimbursement rates and timeliness of payments to YAI. 

  • Optimize the handling of Lines of Credit and banking relationships; implement appropriate strategies to enhance cash positions. 

Organizational Leadership, Management, and Culture Building 

  • Lead, coach, and mentor a high-performing team of accounting and finance Directors. 

  • Contribute to the organization’s efforts to build and support an organizational culture of collaboration, respect, and accountability. 

  • Ensure clear and thoughtful communications with the Board, staff, and other relevant stakeholders, to ensure clarity of mission and vision, as well as an environment of transparency, accountability, and excellence. 

Minimum Qualification Requirements:

  • 15+ years of progressive experience in finance with significant experience managing a large finance team. 

  • CPA/CGMA both preferred and/or commensurate experience that demonstrates exemplary strategic and financial acumen. 

  • Demonstrated commitment to serving mission-driven organizations. 

  • Proven financial leadership in a large, complex organization. 

  • Demonstrated ability to develop strong and trusting cross-functional relationships and foster a supportive culture of collaboration and accountability. 

  • Highly collaborative, with a track record of developing strong relationships with program teams. 

  • Experience leading a large team; proven track record of strong leadership and collaborative management skills. 

  • Strong written and verbal communication skills with the ability to engage diverse groups. 

  • Strategic, creative, and analytical thinker with demonstrated ability to develop and grow innovative programs  

Preferred Qualification Requirements:

  • Experience leading in a multi-site, geographically dispersed non-profit. 

  • Experience in multiple states. 

  • Experience with mergers and acquisitions. 

  • Real estate experience.

Compensation & Benefits:

Competitive compensation package that will include a base salary of $300,000-$325,000 plus eligibility for an annual bonus and participation in a management incentive program, as well as an attractive, comprehensive benefits package.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or status as a Vietnam or disabled veteran. YAI is an Equal Opportunity Employer.