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Job Description
Position: Chief Financial Officer
Reports to: President & Chief Executive Officer
Status: Exempt
Hours: Full-Time / Minimum of 40 hours per week
Hours of Operations : Mon-Fri 8am-5pm
Organizational Description. North Lawndale Employment Network is a comprehensive workforce development agency on Chicago’s West Side dedicated to advancing the economic outcomes of the community’s residents through innovative employment initiatives, including our social enterprises. In August 2021, North Lawndale Employment Network transitioned to a new campus which features a premier community café for residents and stakeholders.
Our Mission. To improve the earning potential of the North Lawndale community through innovative employment initiatives that lead to economic advancement and an improved quality of life for residents.
Opportunity. We are seeking a Chief Financial Officer (CFO) to direct the overall accounting and finance strategy for the North Lawndale Employment Network. As an integral part of the Executive Leadership Team, the Chief Financial Officer is responsible for managing the financial operations of the North Lawndale Employment Network and its social enterprise subsidiaries, ensuring the organization’s financial health and sustainability. This executive leadership role will oversee all financial reporting, budgeting, forecasting needs, financial analysis, and compliance requirements, and is a key contributor of the company’s strategy through oversight of critical projects and initiatives, negotiation and review of contracts, risk management, and due diligence on acquisition and investment activity.
Additionally, the CFO manages a HR Manager and a team of accounting and finance professionals, associates, and clerks, to implement the department’s goals to include analyzing and structuring compensation (bonus and commissions), budget management, cost benefit analysis, financial reporting, tax compliance, financial and regulatory issues, and sourcing strategic capital and investment. CFO is responsible for delivering an unmodified audit option for each years’ independent audit. The CFO is expected to present and fully explain comprehensive financial and accounting reports, including forecasted financial reports, to the Finance Committee and Board of Directors.
Key Responsibilities
Financial Management
Budgeting and Forecasting
Strategic Planning and Leadership
Board Relations and Reporting
Responsibilities related to HR Department
Qualifications
Certified Public Accountant (CPA) certification is required.
Minimum 5 years of senior financial management experience in the non-profit or governmental sectors of at least $5M in annual revenues.
Extensive practical knowledge of accounting, financial reporting, planning, and analysis within the not-for-profit or governmental sector.
Demonstrated comprehension of analyzing financial statements, budget documents, variance reports and other financial reports and recommending actions for improvements.
Ability to maintain confidentiality, prioritize workload, work well independently under pressure, meet deadlines, and maintain focus and attention to detail in a fluid environment.
Advance written and verbal communication skills, and the ability to present financial reports to the Finance Committee and Board of Directors.
Maintain current knowledge of current accounting and financial developments, regulations, and laws effecting our industry.
Must possess the highest level of integrity, strong analytical skills, quantitative ability, self-motivated,
critical thinking skills, strategic planning, and problem-solving abilities
Full Time
$183k-309k (estimate)
04/28/2024
05/15/2024
nlen.org
CHICAGO, IL
50 - 100
1999
LAUREN WESLEY
$5M - $10M
The North Lawndale Employment Network was founded in 1999 to improve the earnings potential of the North Lawndale Community through innovative employment initiatives that lead to economic advancement and an improved quality of life for residents. NLEN continually updates its services to meet the employment needs of clients and the community at large. NLENs approach to addressing the extremely high rates of unemployment and underemployment in North Lawndale is to offer employment services and transitional jobs to North Lawndale residents, many of whom are formerly incarcerated persons and other...s with significant barriers to employment. NLEN is committed to: Assisting those with barriers to employment, especially former offenders, in securing jobs with family- supporting wages Partnering with employers in recruiting and retaining workers Advocating on behalf of low-income job-seekers Empowering job seekers with access to financial tools and literacy Creating a thriving and sustainable community Follow us on Facebook https://www.facebook.com/nlen.org and Twitter @nlen_jobs
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