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A key member of the executive leadership team, the Vice President of Finance (“VP Finance”) serves as the financial officer to ULBGC providing strategic direction, oversight and monitoring of all accounting functions and ensuring sound fiscal management and prudent stewardship of resources. Sets goals and direction in budget control, forecasting and analysis. Oversees agency assets including facilities, technology and investments/endowment. Provides oversight of Human Resource records.
Essential Duties and Responsibilities:
Oversee all financial functions, including creating, implementing and monitoring systems, policies and procedures for internal financial control.
Oversees cash, investment, and asset management.
Oversees cash flow planning and management.
Oversees financial strategies and activities.
Oversees banking relationships.
Develop and utilize forward-looking models and activity-based financial analysis to provide direction to ULBGC’s operations and business plans.
PLANNING & POLICY
Provide timely and accurate analysis of budgets, financial reports, and financial trends in order to assist the CEO and the Board in their oversight of agency. Develop, assess and monitor strategic financial models to assist management and Board decision-making.
Provide technical and financial guidance, advice and support to Vice Presidents, Directors, Club Directors and other senior managers.
Lead strategic and grant planning, including evaluating and forecasting for new opportunities or influences for the agency.
ACCOUNTING & ADMINISTRATION
Review and approve preparation of monthly and annual financial reporting materials and metrics for ULBGC Trustees.
Manage accounting staff members; hire and retain support staff as needed in the future.
Manage relationship with investment managers and consultants in accordance with Investment Committee Execute Finance, Investment, and 401K Committee decisions.
Participate in and provide support to the Finance, Investment, Audit, and 401K Committee. Ensure accurate minutes are prepared and implement approved resolutions. Attend Board of Director meetings, and Executive Committee as needed.
Ensure effective, timely and accurate audit preparation and maintain liaison with audit firm.
Oversee the capital budget and major renovations budget.
Ensure that bank account reconciliations are performed accurately and in a timely manner
Develop successful and trusting relationships with the operations staff and create and sustain an environment at Union League Boys & Girls Clubs that support these relationships.
Ensure 100% of grants are collected and vouchered on a timely basis
Ensure all employee records are up to date including yearly background checks stored in payroll records.
Oversee employee 401K plan and coordinates activity with plan administrator.
Maintain a program of insurance coverage to adequately protect ULBGC and its assets.
Ensure that ULBGC interests are protected in all contractual agreements.
Coordinates with general counsel on all legal matters.
Coordinate professional services and procurement to ensure competitive relationships with all service providers. Develop and implement purchasing/contractual policies and procedures for agency.
Oversee the business management of ULBGC.
Liaison with Union League Club Finance Department.
Oversee, direct, and organize the work of the Finance team
Promote a culture of teamwork and commitment to the cause
Foster a culture of high performance, continuous improvement, and commitment to quality
Develop and mentor staff
Conduct annual plans and performance reviews
Represent ULBGC at Boys and Girls Clubs of America, industry panels and professional associations.
The VP Finance will be a seasoned and mature leader with at least 10-12 years of broad finance experience, ideally beginning in public accounting, followed by experience gathering and evaluating financial information and making actionable recommendations to senior leadership. She or he will ideally have experience managing finance (accounting, budgeting, control, and reporting) for a complex nonprofit with multiple funding sources including government (federal, state and local) grants, foundations, corporations and individuals. The candidate will have the capacity to function in a growing organization.
The VP Finance will have the following experience and attributes:
A minimum of a BS
CPA or equivalent.
At least five years’ experience as VP Finance or equivalent, preferably in a nonprofit organization with a budget of at least $3 million.
Experience in a senior financial-management role, partnering with executive staff, resulting in the development and implementation of strong financial controls and creative financial management strategies.
Significant experience in or knowledge of nonprofit accounting, including sophisticated fund and grant accounting, compliance, and reporting.
Experience working with staff to manage finance and accounting software packages.
Excellent written and oral communication skills.
Demonstrated leadership ability, team management, and interpersonal skills.
Excellent analytical and abstract reasoning skills, plus excellent organization skills.
Strong working knowledge of QuickBooks, Excel, Word, and PowerPoint. Knowledge of Salsa Donor Management a plus.
Additional Salary Information: Salary range - based on experience.
About Union League Boys & Girls Clubs, Non-For-Profit 501 (c) (3) Organization
The mission of the Union League Boys & Girls Clubs is to promote the social, moral, vocational, physical, and educational development of at-risk children residing in Chicago.
The organization was founded on December 26, 1919 by the membership of the Union League Club of Chicago, and became an affiliate member of the Boys & Girls Clubs of America (BGCA) on February 23, 1920. The organization established Club One later that same year through the purchase of a building in the Pilsen neighborhood. In 1924, an 80-acre residential camp was purchased near Salem, Wisconsin. The Camp has since grown to 247 acres and now provides a wide variety of year-round camping experiences to all members of the Clubs. Three other full-service clubs have opened since in Chicago: Club Two in 1927; Barreto Club in 1972; and, Lafayette Club in 2002. In the fall of 2006, the organization moved Club Two from its aging building to newly renovated facilities inside the Talcott Fine Arts & Museum Academy and renamed it Talcott Club. In 2013 Club Two moved into Wells High School 915 N. Ashland. Lafayette merged with Barreto Club in 2009, and extension clubs were established in 201...0 at Roberto Clemente High School and Pickard Elementary/Middle School. Pickard extension site opened in Fall of 2011. Another extension site has opened inside the Chicago Juvenile Detention Center early 2014. In 2015 two new sites opened, one in Stagg Elementary School known as Stagg Club in the Englewood Community and one in the Hammond Elementary School known as Hammond Club in the South Lawndale community. The need in the Englewood Community is great and the ULBGC responded to that need by opening three additional school based sites in 2017, they are: Nicholson STEM Academy known as Nicholson Club; TEAM Englewood Community Academy High School known as TEAM Englewood Club; and, Wentworth Elementary School known as Wentworth Club. In 2018 CPS closed the TEAM Englewood High School while reconstructing the Englewood STEM High School. Englewood STEM High School had its’ grand opening in September 2019 and welcoming the relocation of Union League Boys & Girls Clubs in its’ building with a great start of 200 registered members. At the end of 2019, we had 15,009 registered members – the largest number of members served in the organization’s history.