
VP of Finance
CFS, Chicago, IL, United States
Salary min: $48.00
Salary max: $60.00
Duration: Full Time
About the Company:
Our client is a rapidly growing non-profit organization who are looking to add a VP of Finance to their team. The company has enjoyed incredible success in the last few years' and are seeking a candidate with a similar accounting background to join their team as they continue their expansion.
Reasons to Work Here:
- Strong medical / dental / vision
- Firmly established – been there 50 years’
- Lots of longevity in the organization
- Strong mission statement
- Growth opportunities – succession planning
- 403B match
- $100k - $125k salary
- Office based role
JOB SUMMARY:
Under the supervision of the Chief Executive Officer (CEO), the Vice President of Finance directs,
coordinates, and performs financial functions for the agency administering day-to-day management of
the Finance Department and supervises the accounting staff. This position is responsible for the overall
sound financial planning and functioning of all programs and components of the agency.
SUPERVISORY RESPONSIBILITIES:
1. Provides direct supervision for the following functions to facilitate daily operations: Accounts
Receivable, Accounts Payable, and Payroll.
2. Coordinates work schedules of all above functions to ensure efficient use of available resources.
3. Conducts staff performance appraisals, makes and implements recommendations when hiring,
promoting, disciplining, and/or terminating employees.
ESSENTIAL DUTIES:
1. Develops, implements and monitors agency standards of operations.
2. Monitors and/or performs checks and balances and other internal controls.
3. Prepares the operating budgets, and administers the business affairs, including property
management of all facilities of the organization.
4. Exercises control over the agency operating budgets upon approval by the CEO, which includes
receipt, custody, disbursement, investment, accounting, and auditing of all agency
funds/accounts.
5. Assists the CEO in formulating policies and procedures governing the financial affairs of the
agency.
6. Prepares financial analysis, reports, statements, budgets, and forecasts for review by the CEO.
7. Prepares and submits regular and special financial reports to government bodies as requested.
8. Analyzes records of present and past operations, trends and costs, estimated and realized
revenues, administrative commitments, and obligations incurred and makes recommendations
based on results of the analysis.
9. Makes recommendations, based upon analysis of financial reports, for cost effectiveness
measures to be implemented.
10. Create or revise program financial budgets for funders and develop working relationships with
respective counterparts at funding sources. This includes Liaison to federal/state/local offices
and personnel.
11. Drive the collaboration process of proactively researching ways to increase the revenue model.
12. Ensure all grants and awards are achieving or exceeding desired spending limits. This includes
regular analysis of actual-to-budget spending by programs and various line items in the budget.
13. Contribute to the submission of public grant funding with respect to outcomes and budget
development.
14. Continually designs and modifies existing accounting system that provides a record of assets,
liabilities, and financial transactions of the agency.
16. Arranges and works with outside auditors for annual organizational audit.
17. Provides all necessary financial and agency planning information and reports to funding agencies
and/or regulatory agencies and makes necessary changes on an as-needed basis.
18. Performs property management routine inspections of all facilities, lease negotiations, etc.
19. Participates as part of the Senior Management team in strategic and annual planning activities of
the agency; attends regular management meetings and participates in agency fundraising
efforts.
20. Represents with external authorities and the community as required.
21. Maintains knowledge of current trends and developments in the field to enhance professional
expertise by reading appropriate journals, books, and other professional literature; and
attending conferences, seminars, etc.
22. Participates in grant management and submissions as needed.
23. Manages and supervises other departments as needed.
24. Manage new processes.
REQUIRED SKILLS/ABILITIES:
1. Good supervisory skills (i.e., team building and coaching skills, with the ability to lead,
encourage, and train staff).
2. Must know federal and state rules and regulations for non-profit organizations.
3. Knowledge of information systems, managed care, and financial operation.
4. Ability to communicate accurately and effectively in both verbal and written correspondence.
5. Good computer skills, including extensive use of Excel spreadsheets and troubleshooting skills
for Windows applications.
6. Possession of a valid State Driver’s License and willingness to use personal vehicle in course of
employment.
EDUCATION & EXPERIENCE:
1. Master’s degree from an accredited college or university, in Business Administration, Finance, or
Accounting or a Bachelor’s degree and at least five (5) years relevant experience is preferred.
CPA preferred.
2. A minimum of five (5) years of experience in administration of a non-profit organization,
preferred.
3. Must have a minimum of five (5) years of proven experience in successful budgeting and grant
management.
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