Director of Finance

2 days ago


Chicago, Illinois, United States New Moms Full time
About the Organization:

New Moms is a nonprofit organization that empowers young mothers to achieve their full potential. Our comprehensive approach provides housing, job training, academic coaching, and family support to give moms and their children a path to lasting success.

We combine behavioral research, proven methodology, and 40 years of real-world experience to establish an equity-driven model for generational change, challenging the barriers caused by systemic poverty and racism.

Our Commitment to Equity:

New Moms prioritizes racial equity as a strategic and organizational imperative. We strive to integrate diversity, equity, and inclusion (DEI) values into our work goals and evaluate our impact accordingly.

About the Job:

The Director of Finance plays a critical role in our organization, responsible for data gathering and reporting functions to create budgets and prepare for audits.

Key responsibilities include:

  • Overseeing government contracts, including fiscal reporting, monthly close, and financial controls
  • Implementing and maintaining financial systems, such as ERP software (Oracle, NetSuite)
  • Executing tasks related to the monthly close, accounting reports, journal entries, bank deposits, and credit card reconciliation
  • Managing daily accounting functions, including tasks performed by third-party providers
  • Providing payroll allocations and reviewing payroll reports
  • Managing annual and periodic audits, including the Uniform Guidance Audit (UG)
  • Updating and implementing policies and procedures that impact finances
  • Collaborating with leadership to identify financial shortfalls and develop controls
  • Participating in forecasting and mitigating risks through continuous review of policy and procedures
  • Supporting the research and implementation of new technology systems
  • Leading special projects as assigned by Chief Officers
  • Providing financial and accounting expertise for new and major projects

This position requires a high level of verbal skills to coordinate with staff and external stakeholders, interpret and explain complex materials, and negotiate contracts and agreements.

The ideal candidate will have:

  • More than five years of experience in applying GAAP standards and nonprofit accounting principles
  • Advanced knowledge of financial planning and budgets at a senior level
  • Hands-on experience with ERP software (Oracle, NetSuite)
  • More than five years of experience in supervision and hiring/leading diverse teams
  • Experience working with government contracts, including fiscal reporting

New Moms offers a comprehensive benefits package, including health, dental, vision, disability, and life insurance, matching on retirement savings, 15 paid holidays, and generous paid time off.

We also offer unique benefits, such as discounts on Bright Endeavors products, free optional spiritual direction services, and half days on Fridays in the summer.



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