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Director of Finance

3 months ago

Chicago, United States Hirewell Full time

SUMMARY

Director of Finance and Operations oversees the Finance, Operations and Human Resources functions of the association. Working closely with the Executive Director, this position’s responsibilities include ensuring compliance with state and federal laws pertaining to nonprofit organizations, directing, and managing financial, accounting and human resource systems to support the association’s strategic goals.


DUTIES AND RESPONSIBILITIES


Finance

•Prepares monthly financial statements, bank reconciliations and investment reports for Executive Director and Board’s review in an accurate, and timely manner.

•Oversees and leads annual budgeting and planning process in conjunction with the Executive Director; administers and reviews all financial plans and budgets; monitors progress and changes; and keeps the Executive Director and Executive Board abreast of the organization’s financial status.

•Ensures the adequacy of accounting practices and policies, the handling of funds, internal controls, and reporting standards.

•Monitors endowed investment accounts, Permanent Investment Fund, and short-term cash management account.

•Coordinates and oversees the annual audit, including preparation of various supporting schedules and supporting data as required by the outside auditors.

•Effectively communicates and presents critical financial matters to the Executive Director and to the Finance and Budget Committee.

•Perform other duties as assigned.


Operations

•Oversees employees’ payroll and benefits programs including group insurance, retirement plan, and transit program and other benefits.

•In conjunction with the Executive Director, review and update employee handbook; ensure compliance with state and federal employment laws.

•Maintains personnel files as required by law.

•Further develops the Association’s human resources and operations enhancing professional development, compensation and benefits, performance evaluation, training, and recruiting, as approved by the Executive Director.

•Perform other duties as assigned.


RELATIONSHIPS

•Supervises the Coordinator for Administrative Support who conducts day to day bookkeeping, including AR/AP

•Work collaboratively with members, vendors, staff and others as needed.


QUALIFICATIONS AND REQUIREMENTS

•Bachelor's degree or higher in Accounting, Finance, Business, or related field; CPA is a plus.

•Solid knowledge of non-profit, professional organizations.

•At least five years of overall professional experience; ideally working across finance, audit, and operations.

•Demonstrated expertise in managing an organization’s financial activity, including budgeting, forecasting, accounting, cash flow, and reporting.

•High level of proficiency in accounting and reporting software.


PREFERRED SKILLS

•A team player, excited and ready to collaborate.

•Solution oriented team leader and highly accountable for own actions.

•Excellent communication, presentation and relationship building skills with an ability to prioritize, and work with a diverse and cross functional team.

•Detail-oriented with a high level of accuracy while multi-tasking.