Finance Director

Elim•Crestwood, IL

7d•$145,000 - $165,000

About The Position

Elim is a leader in offering education and skills training for children and adults with developmental disabilities. The Finance Director plays a critical leadership role in ensuring the financial health, integrity, and sustainability of Elim Christian Services. At Elim, we believe that every person has a God-given purpose, and we are passionate about helping children and adults with developmental disabilities discover and pursue theirs. Through our special education programs, vocational training, and adult services, we create a place where students and adults are not only cared for but celebrated. Hours: Monday - Friday 7:00am - 3:30pm 52 weeks/year

Requirements

Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
Seven years of progressive experience in finance and accounting roles, with three years in a managerial or leadership position.
Experience working in a non-profit setting preferred.
Strong knowledge of financial planning and analysis, budgeting, financial reporting, and accounting principles.
Proficiency in financial modeling, forecasting, and financial analysis.
Experience in strategic financial management, including developing and implementing financial strategies and policies.
Excellent leadership, communication, and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.

Nice To Haves

MBA or CPA preferred.
Experience working in a non-profit setting preferred.

Responsibilities

Develop and implement financial strategies, policies, and procedures to ensure the financial health and stability of the organization.
Oversee the preparation of accurate and timely financial reports, including monthly, quarterly, and annual financial statements.
Manage the budgeting process, including the development of annual budgets, periodic forecasts, and variance analysis.
Conduct financial analysis to support strategic decision-making and identify opportunities for cost optimization and revenue growth.
Monitor cash flow, liquidity, and financial risk management, and implement measures to mitigate financial risks.
Ensure compliance with all relevant laws, regulations, and accounting standards, including GAAP and tax regulations.
Assemble the source material and oversee the preparation of the annual return of non-profit organizations (990) by the public accounting firm.
Annually prepare the Consolidated Financial Report (CFR) and other governmental reports as required.
Oversee the annual financial statements audit by the public accounting firm.
Ensure maximization of revenue from government funding agencies including but not limited to DHS, ISBE/PCRB, and DCFS.
Prepare state and federal financial reports as needed.
Provide appropriate documentation and evaluate, through testing, the system of internal controls. Also provide reports to the Audit Committee regarding the design and the operating effectiveness of the system of internal controls.
Process decisions regarding investment activity made by the Elim Christian Services Foundation (the Foundation) Board of Directors and keep records of investments.
Evaluate and recommend insurance coverage for property, liability, and workers compensation exposure.
Collaborate with internal stakeholders, including department heads and senior management, to provide financial insights and support business initiatives.
Manage relationships with external stakeholders, including auditors, bankers, and regulatory authorities.
Lead and develop the finance and accounting team, providing guidance, mentorship, and professional development opportunities.
Serve as an attending advisor to the Foundation Board of Directors.
Perform other duties as assigned by Vice President of Finance and Operations.
Provide leadership and guidance to the payroll, accounts payable, and accounts receivable teams, ensuring efficient and accurate processing of financial transactions.
Oversee payroll operations, including payroll processing, tax compliance, and benefits administration, to ensure timely and accurate payment to employees.
Supervise accounts payable functions, including vendor payments, invoice processing, and expense management, to maintain strong vendor relationships and optimize cash flow.
Manage accounts receivable processes, including invoicing, billing, and collections, to maximize cash flow and minimize bad debt risk.
Lead and mentor finance and accounting team members, fostering a culture of collaboration, professional growth, and high performance.
Set performance goals and objectives for direct reports, conduct regular performance evaluations, and provide constructive feedback and coaching to support employee development and career progression.
Collaborate with cross-functional teams to streamline processes, implement best practices, and drive continuous improvement initiatives in finance and accounting operations.
Ensure compliance with internal policies and procedures, as well as external regulations and accounting standards, related to payroll, accounts payable, and accounts receivable functions.
Foster a culture of accountability, integrity, and transparency within the finance and accounting team, promoting adherence to ethical standards and professional conduct.