Accounting Director

Accounting Director

This position supports the work of the Mystic Valley YMCA, a leading nonprofit located in Malden, Massachusetts with a mission to strengthen our communities with relevant, continually evolving programs and services that enrich the lives of all people in spirit, mind and body. 

The accounting director manages the overall accounting function, including general ledger postings, reconciliations and reporting.  This person also works closely with the payroll administrator, ensures preparation of complete and accurate monthly and annual financial statements in accordance with GAAP, and assists in the preparation of the annual operating budget.  The accounting director trains staff, administers approved accounting policies and procedures and maintains internal controls throughout the YMCA.

Qualifications

1. Bachelor’s degree in accounting or equivalent.
2. Understanding of and experience in GAAP are required.
3. Five years of experience or more in a supervisory accounting role.
4. Experience in a nonprofit environment is preferred.
5. Knowledge of banks, banking systems and cash management.
6. Knowledge of and expertise with computerized accounting systems.
7. Ability to develop spreadsheets and familiarity with standard business software systems.  Excellent spreadsheet skills are critical.

Essential Functions

1. Hires, trains, supervises and manages all accounting personnel including accounts payable and receivable, and accounting clerk.
2. Maintains the MVYMCA’s accounting system to accomplish the proper recording and reporting of all operations, transactions, assets and liabilities of the YMCA for all funds.  Also maintains systems to track all data required for disclosure in the audited financial statements.
3. Serves as resource person to management and program personnel in all matters relating to accounting, cash receipts and cash disbursements.
4. Supervises or prepares reconciliations of all YMCA banking, investment and financial asset accounts on a monthly basis.
5. Prepares financial statements required by management, the Board, and outside agencies.
6. Prepares reports for various federal and state governmental agencies. In coordination with the external auditors compiles information for the IRS Form 990 tax return.
7. Facilitates key functions such as the annual independent audit. Develops and maintains key relationships, including with banks and vendors.
8. Manages operating cash flow management including insuring timely payment to vendors and to project cash flow requirements throughout the year.
9. Conducts special internal audits, accounting studies, analyses and cost studies as required.  Provides recommendations.
10. Makes recommendations to ensure that computer and software systems provide accurate information and adequate internal controls.

Notice to All Applicants: The YMCA enforces its policies and practices to prevent child abuse. 

Allegations or suspicions of child abuse are taken very seriously at the YMCA and will be reported to the proper authorities for investigation. We have abuse reporting procedures, there are unscheduled visits from supervisors, we have an open door for parents, and we have a code of conduct for staff. We minimize opportunities for abuse to occur and we talk with children about personal safety and touching limits. We also screen carefully to prevent abusers from being hired and we provide child abuse prevention training to staff.