Job Posting: Finance Director
About the Illinois Equal Justice Foundation:
Created with the passage of the Illinois Equal Justice Act in 1999, the Illinois Equal Justice Foundation (IEJF) administers and advocates for the state appropriation for civil legal aid. Since its first grant round in 2001, the IEJF has awarded $27.3 million in grants to nonprofit legal aid organizations across the state serving over 590,000 vulnerable Illinoisans impacted by domestic violence, foreclosure and consumer fraud. In the past five years, the IEJF has been asked to administer three additional appropriations. Three of the four pass through the IL Attorney General’s Office and the fourth is funded through the IL Department of Human Services and subject to GATA and requires monthly invoicing.
Due to this new influx of funding and added reporting requirements, the IEJF has decided to expand its staff to a Finance and Operations Director.
The Finance Director is responsible for the finance and compliance work of the IEJF while collaborating closely with the Executive Director on budget development, human resources and operations. The Finance Director reports to the Executive Director.
- Develop and implement financial systems.
- Provide financial analyses and recommendations to the Executive Director and Board of Directors. Timely reporting of financial performance and related metrics.
- Develop and implement financial policies and ensure that all accounting activities are aligned with those policies and comply with applicable legal and regulatory requirements and professional standards.
- Oversight of all accounting and financial controls.
- Financial compliance and timely reporting.
- General bookkeeping and government grant compliance/invoicing.
- Budgeting and budget monitoring.
- Payroll, personnel records management and benefits management.
- Operations, technology and equipment management.
- Perform bookkeeping activities including accounts payable, accounts receivable, payroll and benefits administration.
- Prepare monthly invoicing of IEJF and grantees’ expenses to IDHS.
- Prepare and present quarterly financial reports to the Executive Director, Finance Committee and Board of Directors.
- Coordinate annual budgeting process, working closely with Executive Director and Finance Committee.
- Oversee the preparation and administration of grant budgets and fee-for-service contracts.
- Ensure timely compliance with all accounting and financial reporting requirements of federal, state, and local governments, and other regulatory authorities.
- Document, monitor, and maintain internal controls in order to protect assets.
- Oversee annual audit, including preparation of schedules as necessary. Work with Audit/Compliance Committee on audit firm selection.
- Prepare bank reconciliations for month-end closing for review by Executive Director.
- Prepare monthly account analysis of balance sheet and income statement.
- Prepare monthly financial statements and related analysis, including budget vs. actual and recurring and special request management reports.
- Oversee issuance, monitoring and payment for IEJF-issued credit cards.
- Analyze and manage cash flow.
- Ensure proper recording of fixed assets, including periodic review and annual audit.
- Oversee and implement financial and accounting systems, including QuickBooks.
- Liaison to financial advisors and consultants, lenders, auditors, bankers, and payroll, benefits, technology and equipment vendors.
- Staff liaison to the Board of Directors’ Finance and Audit/Compliance Committees.
- Attend Board meetings, communicating status of finances and compliance to the Board.
- Bachelor’s degree required.
- 8 years of professional experience in an accounting environment of a nonprofit organization or public accounting firm, supervisory experience preferred.
- CPA preferred.
- Strong knowledge of Generally Accepted Accounting Principles (GAAP) and Generally Accepted Auditing Standards (GAAS).
- Ability to recognize and comply with accounting standards and procedures applicable to laws, rules, regulations and codes. Demonstrated experience with state/federal reporting and invoicing requirements such as GATA.
- Demonstrated understanding of operational accounting procedures and non-profit accounting practices.
- Budgeting experience.
- Experience with overseeing audits by external auditors.
- Strong computer skills, including accounting systems (QuickBooks preferred), Excel, Word, Office 365.
- Strong verbal and written communication skills, with the ability to effectively interact with executive level management and the Board of Directors.
- Good judgment, critical thinking skills, and attention to detail.
- Demonstrated commitment to Illinois Equal Justice Foundation’s mission and goals (see iejf.org).
$75,000, health insurance, SIMPLE IRA, paid vacation.
Successful candidates will explain in a detailed cover letter how their qualifications and experience complement the position requirements. Email your resume and cover letter addressed to Leslie Corbett, Executive Director, to email@example.com by July 16, 2021.