Director of Finance

Job Title: Director of Finance
Location: Alton, Illinois
Schedule: Monday - Friday, 8:00 am to 4:30 pm
Compensation: $100,000 to $110,000 (based on experience) plus benefits 

Our nonprofit client, located in Alton, IL, is seeking a Director of Finance. Join an organization that has operated for over 60 years as a social enterprise committed to serving individuals with disabilities. Over the years, it has earned a reputation as a trusted business partner to private commercial companies and federal and state government agencies. The organization is driven by its core values: community, helpfulness, abilities, leadership, learning, ethics, innovation, growth, and effective outcomes. These values have powered their success, enabling them to serve over 1,300 individuals with disabilities annually.

Position Summary:
Reporting to the EVP of Finance and Strategic Initiatives, the Director of Finance is responsible for implementing the organization’s financial management strategy. This role supports the mission to help individuals with different abilities receive the work support and development they need to achieve the highest level of independence possible. Operationally, the Director of Finance manages the fiscal functions of the company and its affiliated entities in accordance with generally accepted accounting principles (GAAP). This position ensures the provision of accurate and timely financial and business information to all levels of management and provides leadership to the finance team.

Key Responsibilities:

1. Financial Statement Preparation, Analysis, and Distribution:
   • Ensure adherence to the strategic plan by monitoring progress against milestones and goals.
   • Deliver status reports to the EVP of Finance, Strategic Initiatives, and Senior Team.
   • Develop and maintain a thorough understanding of business functions, programs, and interrelationships to evaluate needs and support contracts and programs.
   • Complete monthly financial close within agreed-upon business days each month while maintaining a GAAP-compliant general ledger for Residential Options, Challenge Unlimited, AOS (Advanced Outsource Solutions), and Project CU, Inc.
2. Accounting and Annual Audits:
   • Supervise and review general ledger account reconciliations monthly and resolve discrepancies.
   • Coordinate annual external audits, resolve accounting or procedural issues, and implement auditor follow-up recommendations.
   • Provide analytical support to the management team, including developing internal management reporting capabilities.
   • Create and oversee financial standard business practices and standard operating procedures.
   • Oversee payroll processing, tax payments, and governmental filings.
3. Budget:
   • Lead the annual operating and capital budget process with all departments for Residential Options, Challenge Unlimited, AOS, and Project CU Inc. within agreed-upon fiscal year timeframes.
   • Develop the Finance budget and review financial reports as requested/assigned by the EVP.
   • Review Finance’s budget, monitoring and controlling the department's labor, supply, and capital expenses.
   • Make recommendations and project estimates on expenses for future months and fiscal year.
   • Propose and submit capital expenditure budgets to EVP for review/consideration.
4. Fiscal Reporting and Analysis:
   • Ensure cost accounting and program allocations are compliant with federal and state requirements.
   • Audit revenue and expenses to match contract specifications and for applicable company and department coding.
   • Process direct labor ratio reports and report results to Source America (NISH).
   • Provide analytical support to the management team, including developing internal management reporting capabilities.
   • Oversee various governmental financial reporting at state and federal levels.
   • Develop financial strategies to maximize the use of company financial resources.
   • Coordinate quarterly finance committee meetings.

Qualifications:

• Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.
• Minimum of 7-10 years of progressive financial management experience.
• Strong knowledge of GAAP and financial reporting.
• Proven leadership skills with the ability to manage and develop a finance team.
• Excellent analytical, strategic thinking, and problem-solving skills.
• Strong communication and interpersonal skills.
• Experience with financial software and systems.
• Must pass criminal background check, various State and Federal registry checks, credit history check and DCFS Abuse and Neglect Tracking System checks.
• Must pass driving history check and Company policy criteria, maintain valid driver’s license, and be 21 or older to drive.
• Pre-Employment Tests: Intermediate+ level Excel; proficient with Word and Outlook.

Why Join Us?

• Be part of a mission-driven organization that makes a real difference in the lives of individuals with disabilities.
• Work in a supportive and collaborative environment.
• Opportunities for professional growth and development.
• Benefits:
  • Health Care Plan (Medical, Dental & Vision)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Short Term & Long-Term Disability
  • Training & Development
  • Retirement Plan (401k, IRA)
  • Family Leave (Maternity, Paternity)
  • Wellness Resources