1 Director of Finance Job in Village, IL
Kenneth Young Center is Hiring a Director of Finance Near Village, IL
- Accounting and Finance Leadership. In tandem with the agency’s CFO.
- Oversee and coordinate agency’s annual budgeting and planning process, work with the Leadership Team on their individual cost center budgets for the submission to the CFO for final approval; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate
- Maintain a system of effective internal controls and safeguards throughout the organization for receipt of revenue, costs and program budgets, actual expenditures and cash disbursements
- Ensure that finance staff maintains financial record systems in accordance with Generally Accepted Accounting Principles; oversee preparation of all required account reconciliations and account analyses
- Consistently analyze financial data and present financial reports in an accurate and timely manner; distribute and communicate quarterly and annual financial statements; monitor progress and changes and keep the Leadership Team abreast of KYC financial status
- Oversee all financial, project/program and grants accounting & reporting; ensure that expenditures are consistently aligned with grant and program budgets throughout the grant/fund period; collate financial reporting materials for agency funders based on their requirements
- Oversee and coordinate the preparation of contractual/grant budgets and related monthly, quarterly and annual reporting materials for funding organizations
- Monitor receipt of state and federal funding; follow-up as needed
- Manage cash flow and forecasting
- Coordinate all audit activities including oversight for preparation of all required audit schedules
- Review all formal finance procedures, processes and administration, recommending improvements to systems in place and manage the systems going forward
- Coordinate banking activities for the agency, including bank accounts, mortgage, line of credit, and credit cards
- Monitor and coordinate accounting and reporting for investment portfolio activities; present findings to Investments Committee
- Assist in management of payroll database and oversee recording of semi-monthly payroll entries in GL
- Oversee and coordinate all aspects of the CIS Program, including GL accounting & reporting, monthly maintenance billings, accounts receivable and collections
- Administration
- Member of Leadership Team
- Prepare quarterly financial statements for the Operations/Executive Committee of the Board of Directors. Attend quarterly Operations/Executive Committee meetings to present financial statements and annual budget
- Supervise finance staff
- Other duties as necessary
- Bachelor degree in accounting, finance or related field
- Master degree and/or CPA certification preferred
- Seven to ten years of experience in non-profit accounting with three to five years in a leadership role
- Advanced knowledge in the use of financial software applications, databases, spreadsheets, and word processing.
- Monday – Friday
- Full Time
- Exempt
- 403(b) plan with organizational matching
- Medical Insurance (Blue Cross and Blue Shield of Illinois - BCBS)
- Dental (BCBS), and Vision Insurance (BCBS) with low employee premiums
- Long Term and Short Term Disability (BCBS), no cost to employee
- Flexible Spending Account (with annual rollover)
- Basic life insurance (50k) paid for by the organization and option for additional voluntary coverage for self, spouse, or dependents (BCBS)
- Incentive program with potential for quarterly bonuses
- Opportunity for annual bonus and salary increase (discretionary based on annual KYC financial audit)
- Eligibility to participate in the Public Service Loan Forgiveness Program (PSLF)
- 4 weeks of Paid Time Off (With increases based on seniority)
- 8 Paid Organization-Wide Holidays
- 3 Personal Floating Holidays annually
Job Summary
Full Time
$189k-256k (estimate)
05/31/2024
07/29/2024
kennethyoung.org
Elk Grove Village, IL
200 - 500
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Quotes from people on Director of Finance job description and responsibilities
A Director of Finance makes high-level decisions regarding a business’s health, leaving details for the finance and accounting departments.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Director of Finance jobs
Becoming a director of finance requires a combination of education and relevant work experience.
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They must also be good team players, with management skills to lead the finance department.
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At least 10 years of accounting and finance experience.
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Create partnerships with the other stakeholders.
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Step 3: View the best colleges and universities for Director of Finance.
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