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Director of Accounting or Finance

  • Location: Geneva, Illinois, 61034
  • Salary: 125000.0
  • Job Type:Permanent

Posted 30 days ago

MATRIX has partnered with a premier organization in the western suburbs to fill a high level leadership financial leadership position.  This is a great opportunity to expand your career and work with a well known organization and look towards career growth.

Are you a Sr. Executive in the Finance space and/or have previous CFO experience?  Do you enjoy working with executive leadership including the CEO to secure the short and long term visions of organizations?  Have you overseen and directed the Finance and Accounting functions for organizations? Are you looking for your next career opportunity? This position may be for you!!!

Title:  Chief Financial Officer (CFO)

Position Summary
The organization is dedicated to following sound financial principles for non-profit organizations that will insure the longevity and sustainability of our organization. This position will oversee and direct the Finance and Accounting functions for the organization. As part of the executive management team, this position will also participate in the Organizational Strategy Team.

Financial & management reporting and analysis, regulatory reporting, internal controls, treasury management, risk management and oversight of IT function.

 

Essential Functions

  • Manage team of 2 Accountants and 1 Senior Accounting Analyst.
  • Responsible for oversight of all financial functions of the organization, including Accounts Payable, Accounts Receivable, Payroll, Grant Accounting, General Ledger Accounting, preparation of financial statements and Banking and Investments.
  • Develop, implement and maintain all financial policies and procedures.
  • Oversee and prepare budgeting and monthly reporting for government-funded programs.
  • Oversee annual financial audit process and prepare audit information for areas of responsibility.
  • Oversee the preparation of annual audit-format financial statements, Statement of Federal Expenditures and 990 reporting package. Oversee the preparation of information for annual letter to agencies of federal awards.
  • Oversee payroll processing and payroll taxes. Provide approval of bi-weekly payroll.
  • Manage inventory valuation processes and subledger reconciliations. Participate in the review of monthly and annual inventory counts. Work with inventory team to improve inventory processes.
  • Internal controls
  • Risk management
  • Board & finance committee management
  • IT oversight
  • Oversee monthly bank, investment account and 401k account reconciliations and quarterly petty cash reconciliation, insuring appropriate segregation of duties.
  • Manage the banking relationships. Direct the organization’s banking by negotiating bank loans, lines of credit, etc.
  • Manage investments
  • Oversee review of contracts for entire organization. Maintain central file of contracts.
  • Assist the CEO in the preparation of the annual operating budget and strategic plan updates. Provide assistance to individual department heads in the preparation and maintenance of departmental operational budgets, consolidating these budgets and reviewing actual performance against budgeted performance. Prepare reports explaining budget deviations and overall financial performance.

 

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

 

Required Education, Skills, & Experience

  • Bachelor’s Degree in Accounting or Finance.
  • Seven plus years of experience leading an Accounting and/or Finance team with experience in inventory accounting required.
  • CPA or demonstrated up-to-date knowledge of the unique requirements in non-profit accounting is required.
  • Experience with reporting and audit requirements for federal funding is desired.
  • Advanced Excel Skills and proficiency in Power Point, Word, and Microsoft Office.
  • Excellent analytical skills and advanced skills in turning data into relevant and useful information based on understanding of the organization and its operations.
  • Technologically savvy and process driven.
  • Detail oriented.
  • Shows leadership and initiative in taking on new projects and improving business processes.
  • Demonstrated excellence in teamwork, working cross-functionally across and at different levels in the organization.

 

Preferred Education, Skills, and Experience

CFO experience for a non-profit organization is highly desired.

 

Supervisory Responsibility

This position supervises multiple employees.

 

Work Environment

This job operates in a professional office environment.  This role routinely uses standard office equipment such as computers, phones, photo copiers, filing cabinets and fax machines.

 

Physical Demands

While performing the duties of this job, the employee is regularly required to communicate. This is largely a sedentary role; however, some filing is required. This would require the ability to move files, open filing cabinets and position self on a stool as necessary.

 

Position Type and Expected Hours of Work

This is a full-time position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5 p.m. Some flexibility in hours is allowed, but the employee must be available during the "core" work hours of 8:00 a.m. to 5:00 p.m. and must work 40 hours each week to maintain full-time status.

 

Travel

Minimal travel is required.