VP of Finance & Accounting - Nonprofit

Vice President of Finance and Accounting - Non-profit Location: Local, Remote Hybrid Client-Site based out of Chicago Industry: Nonprofit Health & Human ServicesRevenue Scope: $50- ~$70 MillionOverviewWe are seeking a dynamic Vice President of Finance and Accounting to serve as Chief Financial Officer (CFO) for a leading nonprofit organization in the health and human services sector. This executive-level role blends strategic leadership with hands-on financial stewardship, delivering high-impact advisory, compliance oversight, and operational excellence. The VP will lead complex finance and accounting functions, mentor a high-performing team, and drive mission-aligned financial strategy.Key ResponsibilitiesExecutive Financial Leadership• Serve as CFO for a nonprofit client, acting as the primary financial advisor to executive leadership and boards.• Deliver strategic financial planning to support growth, sustainability, and alignment with organizational mission.• Present financial performance, forecasts, and recommendations to boards, finance committees, and senior leadership.Financial Operations & Compliance• Lead monthly and quarterly reporting cycles, including financial statement analysis, budgeting, forecasting, and cash flow management.• Ensure compliance with nonprofit accounting standards (GAAP/ASC 958), federal cost principles (2 CFR 200), and state regulations.• Manage annual audits, single audits, and grantor reviews with precision and timeliness.• Develop and refine internal controls, financial systems, and process improvements to enhance efficiency and transparency.Strategic Advisory & Risk Management• Collaborate with client leadership on budgeting, multi-year forecasting, and scenario modeling.• Advise on financial risk mitigation strategies, including liquidity planning, reserve policies, and investment oversight.• Support strategic initiatives such as mergers, capital projects, new funding streams, and grant applications.• Provide technical guidance on accounting standards, cost allocations, and indirect rate methodologies.Team Leadership• Supervise finance and accounting professionals (controllers, managers, analysts) across client engagements.• Ensure timely, accurate, and high-quality deliverables aligned with client expectations and contractual obligations.• Foster a culture of mentorship, professional development, and performance excellence.Practice Management• Partner with the Assistant Practice Leader to manage client portfolios, ensuring profitability, compliance, and satisfaction.• Contribute to firm-wide initiatives, including process standardization, training programs, and thought leadership.• Support strategic growth planning and cross-functional service expansion.Additional Duties • Participate in scope reviews, pricing strategies, and contract management to optimize engagement margins.Industry Engagement• Represent the firm as a thought leader within the nonprofit finance community, demonstrating professionalism, discretion, and influence.QualificationsRequired• Bachelor’s degree in Accounting, Finance, or related discipline.• 10 years of progressive leadership experience, including CFO or equivalent roles.• Expertise in nonprofit accounting (GAAP/ASC 958), federal compliance (2 CFR 200), and audit management.• Proven success advising boards and executive teams.• Strong team leadership and multi-client management capabilities.• Advanced proficiency in Microsoft Excel and ERP/accounting systems.• Exceptional communication and relationship-building skills.• Strategic mindset with operational execution capabilities.Preferred• Master’s degree (MBA, MPA) or CPA certification.• Familiarity with nonprofit sectors such as HHS, housing, or behavioral health.

Salary : $50 - $70