Chief Financial Officer
Creative Financial Staffing - Chicago, IL
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Our client is looking for a Chief Financial Officer to join their team. The Chief Financial Officer (CFO) will serve as a key member of the executive leadership team, providing strategic financial direction to support the organization's mission and long-term sustainability. The CFO will oversee all financial operations, including budgeting, financial planning and analysis, accounting, risk management, and compliance. The ideal candidate will be a hands-on, participative manager who leads and develops internal teams to support finance, business planning, and budgeting.Key Responsibilities:Financial Strategy & LeadershipDevelop and execute financial strategies to support the organization's goals and objectives.Collaborate with the CEO and senior leadership on long-term financial planning and sustainability.Serve as a financial advisor to the CEO, Board of Directors, and executive team, offering insights on financial implications of key decisions.Financial Management & ReportingOversee the organization's financial health, including cash flow, grants management, forecasting, and financial reporting.Ensure timely and accurate preparation of monthly, quarterly, and annual financial statements, budgets, and reports.Present financial reports to the Board of Directors and key stakeholders.Ensure the organization is in compliance with financial regulatory standards and nonprofit accounting practices, including GAAP.Budgeting & ForecastingLead the annual budgeting process in collaboration with department heads and ensure alignment with the organization's strategic goals.Monitor organizational performance against the budget and provide analysis and recommendations to management.Audit, Compliance & Risk ManagementLead and coordinate annual audits and liaise with external auditors.Ensure compliance with local, state, and federal financial regulations and reporting requirements.Oversee risk management processes, including insurance, tax filings, and legal compliance.Manage internal controls and safeguard the organization's assets.Team LeadershipLead, mentor, and develop the finance and accounting team to foster a high-performance culture.Establish and maintain sound financial policies, procedures, and systems across the organization.Work with program staff to develop grant budgets and oversee financial reporting for funders.Qualifications:Education: Bachelor's degree in Accounting, Finance, or a related field required. Master's degree (MBA or equivalent) or CPA preferred.Experience: At least 10 years of senior financial leadership experience, with a preference for experience in nonprofit finance.Proven experience overseeing financial strategy, budgeting, and compliance in the nonprofit sector.Knowledge of nonprofit financial management practices, including restricted and unrestricted funds management, and experience with grant and contract accounting.Strong understanding of GAAP for nonprofits and familiarity with auditing standards.Hands-on experience with financial software and proficiency in Excel.Exceptional leadership, team-building, and communication skills.INSEP2024ZRCFS
Created: 2024-10-06