Job description statements are intended to describe the general nature and level of work being performed by employees assigned to this job title. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required.
SCH’s mission is to provide comprehensive counseling, education and housing resources necessary for Latinos and other low-to-moderate income families in the Chicagoland area, to develop competence and responsibility in meeting their financial and housing needs, and advocate for and proactively promote additional resources for them. SCH has three locations to serve the North and South sides of Chicago and sees over 10,000 clients per year with a current budget of $2.5 million. We deliver quality programs and compassionate service to all residents in need.
The Finance Director is a member of the senior management team and is responsible for maintaining the financial health of the organization. This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation and applies principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and loss statements, and utilizing appropriate accounting control procedures. Coordinates preparation of annual audit in a timely basis. Works with Executive Director, Board, and Managers to prepare annual budget.
Analyze, review and manage multiple budgets and expenditures for local, state, federal, and private funding, contracts, and grants
Obtain and maintain a thorough understanding of the financial reporting and general ledger structure
Provides management with timely reviews of the financial status and progress in its various programs and activities. Identify financial risks related to organization and make recommendations for management of risk to Executive Director and Board of Directors
Prepares reports which summarize and forecast activity and financial position in areas of income, expenses, and earnings based on past, present and expected operations and for Board presentation
Develop the annual operating budget and consult with departmental management on the fiscal aspects of program planning, salary recommendations, and other administrative actions
Make approval or rejection recommendations of company, lines of credit and commercial real estate, and loans
Develop and analyze information to assess the current and future financial status of firms.
Create or change, implement, and enforce accounting policies and procedures as required to maintain the financial health of the organization
Recommend, develop and maintain financial data bases, computer software systems and manual filing systems
Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control
Provide supervision to all finance staff member(s), ensuring all accounting and bookkeeping tasks are completed
Review and renew insurance policies (liability, property, Directors and Officers, etc.)
Keep abreast of the various inspections and licensing requirements needed (fire department, etc.). Ensure that forms are filed, fees paid, and inspections occur.
Files all organizational annual reports to state and federal entities (such as Attorney General, Secretary of Illinois, IRS, sam.gov).
Monitor and review accounting and related system reports for accuracy and completeness
Prepare and review payroll entries, allocations, invoices, and other accounting documents
Prepare profit and loss statements and monthly closing and cost accounting reports
Compile and prepare entries to accounts, such as general ledger accounts, and document business transactions
Establish, maintain, and coordinate the implementation of accounting and accounting control procedures
Ensure an accurate and timely monthly, quarterly and year end close
Supervise the input and handling of financial data and reports
Explain billing invoices and accounting policies to staff, vendors and clients
Resolve accounting discrepancies
Conduct bank reconciliations
Produce a balance sheet
Prepare year-end financial reports and audit schedules for CPA-Auditors
Interact with other internal and external auditors in completing audits
Maintains security measures in accounting software
Reviews and approves biweekly payroll using Paylocity
Ensure that the following bookkeeping tasks are completed by staff in a timely and accurate manner:
Reconcile accounting and fundraising databases
Prepare and review account journal entries
Prepare checks as backup
Prepare monthly grant vouchers as backup
Record payroll data in accounting system
Allocate program expenses for contracts and grants ensuring compliance with contracts and applicable laws
Maintain knowledge of SCH’s programs
Attend and actively participate in required department and staff meetings and other programs
Mandatory participation at weekend events hosted by employer and/or affiliates of sponsoring agencies.
Protect organization's value by keeping information confidential
Update job knowledge by participating in educational opportunities; reading professional publications; participating in networks and professional organizations
Perform other duties as assigned by supervisor
Job description statements are intended to describe the general nature and level of work being performed by employees assigned to this job title. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required
Bachelor’s degree in accounting, or a related field.
Seven years prior experience as a nonprofit accountant required; a minimum of three years of managing accounting department. Strong supervisory skills necessary
Knowledge of budgeting, cost control principles, and Generally Accepted Accounting Principles required.
Knowledge of federal and state financial regulations; understands nonprofit allocations.
Proven ability to analyze financial data and prepare financial reports, statements and projections.
Detail-oriented, organizational skills, time management skills and the ability to learn new tasks quickly, excellent verbal and written communication skills.
Strong interpersonal and customer service skills required.
Previous experience working with various department directors/leaders necessary. Previous experience presenting to a Board of Directors helpful.
Must be well organized, ability to multi-task, work under pressure and meet deadlines required, ability to problem-solve and prioritize
Ability to work independently and as part of a team and take on new tasks with high level of difficulty
Must be PC proficient and able to thrive in a fast -pace setting. Must have strong experience with Blackbaud Financial Edge and, Excel spreadsheet layouts and Word.
Work requires willingness to work a flexible schedule. Occasional weekend and evening work required.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee must occasionally lift and/or move up to 30 pounds. While performing the duties of this job, the employee is regularly required to use hands and talk or hear. The employee is frequently required to stand; walk; sit; reach with hands and arms balance, stoop, kneel or crouch.
Occasional night and weekend hours are required a few times a year.
Work place is a smoke- and drug-free environment.
SCH is an equal opportunity employer and seeks to employ qualified individuals based on individual merit. SCH does not discriminate against any individual with respect to the terms and conditions of employment based on that individual’s race, sex, age, religion, color, national origin, disability, genetic information, marital status, veteran status, sexual orientation, gender identity or expression, housing status, or any other non-merit factor protected under state, local or federal laws. Equal Employment Opportunity applies to all personnel actions such as recruiting, hiring, compensation, benefits, promotions, training, transfer, termination, and opportunities for training. SCH is committed to a fair and equitable workplace where everyone is a respected and valued member of the team.
Additional Salary Information: Salary is in the $61,000-$70,000 range, depending on experience. Excellent compensation package; affordable health insurance, dental, and life; employer-matching 401K contribution; and opportunities for professional development.
Submit cover letter, resume, and salary requirement to Jennifer Singletary via email to firstname.lastname@example.org. Please put your last name, first name in the Re: subject line and also indicate where you learned of the open position in your email.
Position begins immediately. No phone calls please.
SCH is the largest not-for-profit housing counseling organization dedicated to the needs of Latinos in the Midwest. We serve low-income residents and families who are seeking to save their home from foreclosure, take control of their finances and credit, buy their first home and be a stable renter and professional landlord. All of our services are offered in English and Spanish to serve the needs ...of our communities. We give residents the tools to make positive change in their lives and maintain stable housing.