Chief Financial Officer

KESHET • Northbrook, IL

145d • $120,000 - $140,000

About The Position

The Chief Finance Officer (CFO) is responsible for all aspects of the financial operations and provides programmatic support for Keshet. The CFO supervises the finance department and is the chief financial spokesperson for the organization. The CFO reports directly to the Chief Executive Officer and directly assists the Chief Offices on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs, and the securing of new funding.

Requirements

• Bachelors’ degree in related field required.
• M.B.A., master’s degree in related field or equivalent work experience.
• Minimum of five to eight years of senior management experience in Finance with a non-profit organization.
• Must be an actively licensed Certified Public Accountant.
• Not-for-profit accounting in accordance with US Generally Accepted Accounting Principles.
• Resources of public and private social service and related agencies.
• Organizational development and program operations.
• Payroll reporting and processing of payroll taxes.
• Employee benefits management, including health care and retirement plans.
• General office software, particularly Microsoft Office Suite, and accounting software packages.
• Ability to analyze and solve problems effectively and efficiently.
• Ability to supervise staff and provide performance evaluations and improvement plans.
• Effective communication skills both verbally and in writing.
• Ability to recognize and be responsive to the needs of all clients of the organization.

Nice To Haves

• Strong commitment to and passion for the mission of Keshet.
• Positive outlook; a talent and joy for supporting others in their work.
• Experience in establishing and cultivating strong relationships with colleagues, organizational partners, and donors.
• Ability to take initiative, set priorities, and to work independently and as a team player.
• Excellent research skills and resourcefulness.
• Must possess a valid driver’s license and safe driving record.
• Respect diverse cultures and provide culturally appropriate support.

Responsibilities

• Assist in performing all tasks necessary to achieve the organization’s mission and help execute staff succession and growth plans.
• Directly lead, develop, and supervise the finance department and train staff on raising awareness and knowledge of financial management matters.
• Work with the CEO on the strategic vision including fostering and cultivating stakeholder relationships, as well as assisting in the development and negotiation of contracts.
• Participate in developing new business, specifically assist the CEO and CPO in identifying new funding opportunities, drafting prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.
• Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits.
• Provide the CPO with an operating budget and ensure programmatic success through cost analysis support and compliance with all contractual and programmatic requirements.
• Oversee the management and coordination of all fiscal reporting activities for the organization including organizational revenue/expense and balance sheet reports.
• Develop and maintain systems of internal controls to safeguard financial assets of the organization and oversee federal awards and programs.
• Attend Board and Subcommittee meetings as needed; including being the lead staff on the Audit/Finance Committee and Investment Committee.
• Oversee the organization’s banking activities and actively manage cash flow to ensure it meets organization needs.
• Oversee the payroll processes, implementation, and system updates.
• Serve as one of the trustees and oversee administration and financial reporting of the organization's Savings and Retirement Plan.
• Stay current with finance trends regarding programs and technology.
• Oversee ISBE and DHS rate determinations, billing and compliance including submission of annual cost reporting.
• Review efficiency/effectiveness of employee benefit programs, investigating cost-effective plans for the organization’s employees.
• Manage the organization’s liability insurance program, including ongoing risk analysis.
• Develop and foster professional relationships with key stakeholders.
• Assist Directors with developing budgets for the organization as a whole, and new/proposed/expanded services.
• Oversee the Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place.
• Oversee business insurance plans and health care coverage.
• Oversee the production of monthly reports including reconciliations with funders and pension plan requirements.
• Ensure that the design, implementation and calculations of wages and incentives are within the budgeted framework.
• Track cash flow, analyze strengths and weaknesses to propose corrective action plans when necessary.
• Oversee the maintenance of the inventory of all fixed assets purchased assuring all are in accordance with federal regulations.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees