Chief Financial Officer

Chief Financial Officer

Chicago, IL

Hybrid - 3 days on-site

Position Overview

Be a part of a nonprofit organization dedicated to improving the earning potential of the local community through innovative employment initiatives that lead to economic advancement and an improved quality of life for residents. As the Chief Financial Officer, you will be responsible for managing the financial operations of the organization and its social enterprise subsidiaries, ensuring the organization's financial health and sustainability while overseeing a team of finance and HR professionals.

Responsibilities

Develop and implement financial strategies that support the organization's mission and goals

Manage and oversee all financial operations

Implement and update all accounting and financial policies and procedures to be compliant with relevant standards

Establish and monitor all reporting activities and highlight variances for the organization

Oversee the daily financial functions

Regularly prepare and present monthly financial reports and provide analysis and recommendations

Ensure compliance with all financial reporting requirements

Manage relationships with external partners

Develop and maintain systems of internal controls and risk management procedures to safeguard financial assets of the organization

Manage the annual external audit by independent auditors

Regularly review and revise the Accounting and Financial Management Handbook

Manage the annual process of reviewing and renewing the various business insurance policies

Prepare the annual budget planning and coordination with key managers and other stakeholders

Develop and monitor the organization's Cost Allocation Plan and Indirect Cost Allocation Plan

Establish sound forecasting assumptions and evaluate strategy implemented to achieve forecasts

Direct the HR Manager in the design and implementation of wage incentives, commissions, bonus' and salaries for staff

Monitor actual performance against budget and provide regular updates and analysis

Develop and maintain financial forecasting models that support long-term financial planning and decision-making

Develop and present concise financial reports to effectively communicate the financial condition and internal control status

Develop and implement financial policies and procedures that align with the organization's values and strategic goals

Represent the organization at internal and external events and meetings, providing financial guidance and support

Develop HR strategies aligned with the organization's financial goals

Monitors HR Operations and financial oversight to external providers

Provide oversight to the annual group insurance open enrollment process to ensure competitive and cost-effective benefits packages

Ensure a comprehensive and streamlined process for recruitment, onboarding, performance evaluation, compensation review, disciplinary procedures, and staffing transitions

Develop and implement appropriate systems of internal control over payroll processing

Qualifications

Certified Public Accountant certification required

5+ years of senior financial management experience in the non-profit or governmental sectors of at least $5M in annual revenues

Proven work experience as a CFO, preferably within a nonprofit organization or governmental agency

Proven leadership capability with the ability to manage and develop positive morale by recognizing and capitalizing on their staff's skills at all levels

Experience working with external auditors and compliance requirements

Previous experience leading HR processes or team

Extensive practical knowledge of accounting, financial reporting, planning, and analysis within the not-for-profit or governmental sector

Demonstrated comprehension of analyzing financial reports and recommending actions for improvements

Display the utmost level of integrity

Results oriented

Ability to work independently and meet deadlines in a fast-paced environment

Excellent attention to detail, strong analytical skills, and time management

An effective communicator, with strong oral and written skills

Remain up to date on current accounting and financial developments, regulations, and laws effecting the industry

Demonstrated critical thinking, strategic planning, and problem-solving abilities

Deep familiarity/expertise with multiple funding sources

Compensation

Salary: $150,000 - $175,000

Medical, Dental, Vision

Paid Vacation

401k Match

Career Blazers Nonprofit Search maintains a broad focus so that your search can be thorough, and inclusive of all relevant options. We carefully consider your desired outcome, skills, and experience. The professionals at Career Blazers Nonprofit Search maintain your confidentiality and will not send your resume to a client without your approval.

Career Blazers is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender, gender identity, national origin, disability, or protected veteran status.