Chief Financial Officer

One Family Illinois•Chicago, IL

just now

About The Position

The Chief Financial Officer serves as a key member of the executive leadership team and strategic partner to the CEO. The CFO provides financial leadership, ensures organizational sustainability, and drives data-informed decision making. This role oversees financial management, planning, compliance, and reporting, while aligning financial strategy with the mission and growth of One Family Illinois. This role leads financial strategy, planning, and performance while ensuring strong internal controls, regulatory compliance, and data-informed decision making. The CFO oversees financial operations and provides executive oversight of Information Technology functions to ensure alignment across systems, people, and financial performance. The CFO partners closely with the Board of Directors and Finance Committee to support fiduciary oversight and advance the organization’s mission to strengthen families and communities.

Requirements

Bachelor's degree in accounting, Finance, or related field
Minimum of 7–10 years of progressive financial leadership experience
Strong knowledge of nonprofit accounting, GAAP, and regulatory compliance
Experience with budgeting, forecasting, and financial strategy development
Ability to pass DCFS required criminal background check including CANTS/SACWIS and SORS
Ability to provide required DCFS Medical Report/TB test
Valid Illinois driver's license with acceptable driving record
Insured and reliable transportation
Strategic thinking with strong analytical and problem-solving skills
Ability to translate complex financial data into clear insights
Strong leadership and team development capabilities
Excellent communication and interpersonal skills
High level of integrity, professionalism, and accountability
Ability to manage multiple priorities in a dynamic environment

Nice To Haves

CPA
Master’s degree
Experience in nonprofit, human services, or government-funded environments

Responsibilities

Serve as a strategic advisor to the CEO and executive team on financial planning, growth, and sustainability
Lead long-term financial strategy, including multi-year forecasting and scenario planning
Align financial planning with organizational priorities, program impact, and strategic goals
Translate financial data into actionable insights to support decision making
Oversee all financial operations, including accounting, budgeting, payroll, and financial reporting
Ensure strong internal controls and compliance with GAAP, federal and state regulations, and nonprofit standards
Monitor cash flow, reserves, and financial performance to ensure organizational stability
Lead the annual audit and tax processes in partnership with external auditors
Lead the development and implementation of the annual budget and multi-year financial plans
Partner with program and department leaders to align budgets with operational and strategic priorities
Monitor financial performance and recommend adjustments to ensure fiscal health
Implement systems that support accurate cost allocation and program-level financial analysis
Ensure financial compliance with all government contracts, grants, and funding requirements
Oversee financial reporting, billing, and revenue tracking for all funding sources
Support funding strategy through financial analysis and cost recovery optimization
Serve as financial liaison with government agencies and funding partners
Lead financial reporting and presentations to the Board of Directors and Finance Committee
Provide clear, concise financial insights to support governance and decision making
Maintain relationships with banking institutions, auditors, insurers, and external partners
Advise on financial implications of contracts, partnerships, and organizational initiatives
Ensure effective financial systems, processes, and controls are in place
Oversee risk management strategies, including insurance, compliance, and financial safeguards
Support agency-wide understanding of financial performance and accountability
Provide financial oversight for agency events and initiatives as needed
Partner with the Chief Strategy Officer to align financial planning with strategic priorities, performance metrics, and organizational growth, including Human Resources
Collaborate with the Chief Program Officer to ensure program budgets, cost structures, and financial performance align with service delivery goals
Partner with the Chief Advancement Officer to support fundraising strategy, revenue forecasting, and donor reporting
Support cross-functional planning and decision making through financial insight and analysis
Review and advise on technology investments that support financial operations and data security
Oversee preparation of agency payroll and reporting
Perform analysis and projections on agency compensation costs and ensure proper cost recording
Serve as an Agency internal expert and provide guidance to agency staff on IRS regulations concerning not-for-profit organizations
Ensure receipt of agency tax returns completed by external auditors; ensure compliance with and filing and reporting of federal – state taxes for payroll and sales taxes
Provide leadership over the agency’s payroll and benefits programs
Ensure compliance with benefit laws, identify benefit opportunities and cost reductions
Perform other duties as assigned by the CEO
Provide direct supervision and leadership to all finance staff, including Accounts Payable, Accounts Receivable, and the Business Manager
Build and lead a high-performing finance team focused on accuracy, accountability, and continuous improvement
Support staff development in financial management, budgeting, and reporting practices
Establish and maintain effective policies, procedures, and internal controls across financial functions