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Director of Finance and Operations

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Creative Financial Staffing

2024-10-05 02:44:57

Job location Chicago, Illinois, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

About the Company:

Our client is a rapidly growing non-profit organization who are looking to add a VP of Finance and Operations to their team. The organization has enjoyed incredible success in the last few years' and are seeking a candidate with a similar finance background to join their team as they continue their expansion.

Reasons to Work Here:

  • Strong medical / dental / vision
  • Hybrid - Two days working from home
  • Strong medical / dental / vision
  • Life insurance
  • Strong PTO
  • Long and short term disability
  • Reporting directly into the Executive Director
  • Strong longevity in the team
  • Strong mission statement
  • $120,000 - $130,000 salary

Expected Goals & Objectives:

Strategy, Vision, and Leadership

  • Advise the executive director and other key members of senior management on financial planning budgeting, cash flow, investment priorities, and policy matters.
  • Serve as the management liaison to the board and audit committee; effectively communicate and present critical financial matters at select board of directors and committee meetings.
  • Contribute to the development of the strategic goals and objectives as well as the overall management of the organization.
  • Maintain continuous lines of communication, keeping the executive director informed of all critical issues.
  • Represent the organization externally, particularly in managing relationships with core vendors, government contractors, auditors, banking partners and leasing agencies.

    Team Development/Leadership
  • Oversee, direct, and organize the work of the finance and operations teams.
  • Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.
  • Ensure staff members receive timely and appropriate training and development.
  • Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals, and administer salary adjustments.
  • Mentor and develop staff using a supportive and collaborative approach: assign accountabilities; set objectives; establish priorities; and monitor and evaluate results.

    Finance
  • Oversees and directs accounting, budgeting, audit, and long-range forecasting activities.
  • Appraises the organization's financial position, providing timely and accurate financial and operating reports to the Executive Director, the senior management team, and the Board of Directors.
  • Plans, coordinates, and executes annual budget development and forecasting process.
  • Provides analytical support to the senior management team, including the development of necessary reporting capabilities and formats.
  • Formulates and recommends sound fiscal policies, systems, procedures, and forms. Oversees the development of and adherence to internal control policies.
  • Ensures compliance with all regulatory tax filings and audit requirements.
  • Continuously improves administrative and operational accounting services such as treasury management, 403-B plan, grants payment processing, payroll, accounts payable, and purchasing.

Operations

  • Upgrade and implement an appropriate system of policies, internal controls, accounting standards, and procedures.
  • Ensure that the organization is adhering to the strategic plan, delivering status reports to the board.
  • Provide analytical support to the internal management team including development of internal management reporting capabilities.
  • Negotiates and monitors contracts for all vendors, subcontractors, and service agreements, including solicitation of bids for major repairs, capital improvements and contracts.
  • Develops and oversees our Information Technology plan to ensure our networks and systems are up-to-date and secure.
  • Develops a long-term capital equipment retention and disposal schedule in collaboration with the IT service provider.

    Qualifications
  • Business or Accounting degree mandatory, a master's in business administration is preferred.
  • Must be familiar with nonprofit finance and accounting regulations, and demonstrated experience in financial management and accounting, including experience in budgeting, financial reporting, audit, and federal grants management.
  • Minimum 10 years' experience in a senior management role ideally with both external audit and in-house financial management experience gained in a high growth organization.
  • Executive with operational experience and a proven track record of creative problem-solving and change management.
  • Excellent judgment and creative problem-solving skills, including skills in negotiation and conflict resolution; must possess strong mentoring and coaching skills with experience in leading a team with diverse levels of expertise.
  • Energetic, flexible, collaborative, and proactive; a team leader who can positively and productively impact both strategic and tactical finance and operational initiatives.
  • Exceptional written, oral, and interpersonal communication skills as well as the ability to effectively interface with senior management and the Board of Directors.



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