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Director of Finance

12 hours ago

Evanston, Illinois, United States Cradle Society Full time

The Cradle, a leading nonprofit organization in Evanston, IL, is seeking a Director of Finance to serve as a trusted partner to the CEO, CAO and the Board of Directors. This hands-on leadership role guides all financial operations, from budgeting and cash flow to investments and insurance management. Ideal candidates bring strong nonprofit finance experience, collaborative leadership skills, and a passion for mission-driven work.

Requirements

Essential Functions

Financial Leadership & Strategy (25%)

  • Partner with senior leadership and the Board to provide financial insights and recommendations.
  • Lead annual budgeting, forecasting, and long-term financial planning.
  • Oversee investment portfolio management to align with liquidity, risk, and mission goals.

Financial Operations & Reporting (40%)

  • Manage all accounting functions including A/P, A/R, payroll, general ledger, and cash flow.
  • Ensure accurate and timely financial reporting in compliance with GAAP and nonprofit standards.
  • Prepare and present financial statements, budgets, and grant reports.
  • Support fundraising efforts through budget development and donor/grant reporting.

Compliance, Risk & Insurance Management (25%)

  • Oversee audits, IRS filings, and compliance with federal, state, and local regulations.
  • Administer all organizational insurance programs (including therapy coverage) and maintain all risk management systems

Team, Systems & Process Leadership (10%)

  • Supervise Finance Staff and collaborate with HR, Operations, and Consultants.
  • Strengthen financial systems, policies, and procedures for efficiency and accuracy.
  • Provide financial guidance and training to staff and managers.

Qualifications

Education & Experience

  • Bachelor's degree in Accounting, Finance, or related field (CPA, CFA, or MBA preferred).
  • 7–10 years of progressive experience in financial management, including at least 3 years in a nonprofit finance leadership role.
  • Proven expertise in cash flow management, investment oversight, insurance carrier administration, and 403(b) plan management.
  • Knowledge of medical billing, payer credentialing, and insurance reimbursement processes is strongly preferred.
  • 3+ years' experience as a supervisor

Skills & Competencies

  • Deep knowledge of GAAP, nonprofit accounting, and fund accounting principles.
  • Proficiency in running payroll, accounting systems (e.g., Financial Edge, Converge) and advanced Excel skills.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong written and verbal communication skills, including the ability to present complex financial data to non-financial audiences.
  • Collaborative leadership style that fosters trust, teamwork, and transparency.
  • Commitment to The Cradle's mission, values, and equity goals.

Benefits. This position is eligible for our full benefits package, which includes medical, dental, vision, short-term disability, life insurance, and a 403b retirement plan. In addition, we offer excellent PTO/paid time off benefits, including vacation, sick and personal time, along with paid holidays.