Chief Financial Officer (55109)

ASSOCIATION FOR INDIVIDUAL DEVELOPMENT • Elgin, IL

19d • $150,000 - $175,000 • Onsite

About The Position

The Association for Individual Development (AID) is a long-standing, mission-driven nonprofit empowering individuals with developmental, intellectual, physical, and mental health challenges to live lives of dignity, independence, and purpose across the greater Fox Valley and surrounding Illinois communities. Since 1961, AID has provided comprehensive, person-centered services spanning behavioral health care, crisis outreach, developmental disability support, employment services, community integration, and permanent supportive housing for thousands of children and adults. Today, AID’s impact is visible not only in the lives it touches but in the breadth of its presence across the region. Services are delivered within and through 70 buildings, including affordable housing apartments, single-family homes, community day centers, clinics, and programmatic and administrative spaces. In 2025 alone, AID served 4,800 individuals through these programs, supported by a dedicated team of nearly 750 employees committed to strengthening communities through inclusive care and stable living environments. To learn more, please visit: https://www.aidcares.org Role Summary: AID is seeking a Chief Financial Officer who will serve as a true strategic partner to the CEO while directly owning and executing the organization’s financial operations. In this role, the CFO helps shape how the organization grows, invests, and advances its mission while remaining accountable for translating strategy into disciplined financial execution. This is a role for a leader who plays an active part in major organizational decisions, including capital renovations, asset purchases, funding strategy, and large-scale operational investments, while personally overseeing the financial analysis, planning, and execution that supports those decisions across a complex, $58M multi-site organization. With significant government funding at the core of AID’s revenue, this CFO will be directly responsible for navigating the nuance, compliance, and rigor that public funding requires. They will personally ensure timely, accurate, and transparent financial reporting for the Board, leadership, and staff, while strengthening the internal infrastructure that supports sound, organization-wide decision making. AID has thoughtfully transitioned most financial functions in-house, and this leader will oversee the final step of that evolution by bringing preparation of financial statements fully internal from an external partner. Overseeing both Finance and Asset Management, the CFO leads two direct reports and a broader team of approximately 13–15 staff. Reporting directly to the CEO, this is an opportunity for a working CFO who enjoys operating at both a strategic and hands-on level - someone who can assess what exists, elevate what is needed, remain closely involved in the ongoing management of financial operations, and help position AID for its next chapter of stability, accountability, and growth.

Requirements

• Finance Team Architect & Builder The ideal candidate brings the ability to thoughtfully design and structure a high-performing finance function for a growing, evolving organization. As AID has transitioned most outsourced financial work in-house and expanded its internal team, this leader will assess what the ideal finance org structure should look like and put it into place - hiring where needed, leveraging temporary support during transitions, and ensuring the right roles, responsibilities, and workflows exist to produce timely, accurate financial statements and strong operational execution.
• Strategic Thought Partner & Organizational Leader The ideal candidate will serve as a true strategic partner to the CEO and leadership team - someone who brings a broader organizational lens and a willingness to take shared ownership for the direction of AID. The CEO is seeking a strong, confident voice at the table who can help carry the weight of big decisions, offer thoughtful analysis, and contribute meaningfully to discussions around capital projects, funding strategies, program expansion, and long-term sustainability. This leader will complement a decisive, action-oriented CEO by bringing a careful, multi-angle perspective to help shape decisions.
• Collaborative & Approachable Executive Given the realities of government funding and shifting priorities, this leader brings steadiness, adaptability, and a methodical approach to their work. They thoughtfully engage with financial requests from other departments - taking the time to understand needs, ask the right questions, and educate others on financial considerations rather than simply approving or denying requests. With the ability to translate complex financial information into clear, accessible language, they ensure that non-financial leaders and staff can engage meaningfully in budgeting and reporting conversations.

Responsibilities

• Oversee the overall financial health of the organization, ensuring timely, accurate financial statements and reporting for the Board, CEO, and leadership team.
• Direct all cash management, investment policies, financing options for large capital expenditures, insurance renewals, risk management, and regulatory and audit compliance.
• Provide financial oversight for affordable housing developments, including HUD multifamily projects (e.g., 811), IHDA programs, and other state and federal funding resources.
• Lead the organization-wide annual budgeting process from development through Board approval, in partnership with program and operations leaders to align financial resources with service delivery.
• Oversee tracking, allocation, and reporting of government contracts and grants, ensuring proper cost allocation and adherence to funding requirements.
• Monitor cash flow, reimbursement cycles, and funding timelines to ensure operational continuity across programs.
• Oversee and actively manage financial planning related to facilities, renovations, property management, and long-term capital improvements across multiple sites.
• Evaluate funding strategies and financial feasibility for major asset purchases, capital projects, and infrastructure investments.
• Work closely with program and operations leaders to support financial decision-making related to staffing, purchasing, and program execution.
• Assess and design the optimal finance team structure, personally leading hiring, role design, and transition planning to support a high-performing internal function.
• Ensure effective adoption, optimization, and team-wide utilization of the recently implemented Sage Intacct accounting system to strengthen reporting accuracy and workflows.
• Strengthen financial systems, workflows, and cross-departmental collaboration to improve transparency and organizational understanding of budgets and reporting.

Benefits

• AID offers a comprehensive benefits package including medical, dental, and vision coverage, a retirement plan with employer contributions, life insurance, short- and long-term disability coverage, and a competitive paid time off policy.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive