Financial Services Director

The Lawyers Trust Fund of Illinois (LTF) is hiring a Financial Services Director who will support the financial integrity and operational efficiency of our organization. This position is responsible for maintaining accurate financial records, processing transactions, and ensuring compliance with applicable accounting standards and regulatory requirements. The Financial Service Director will work closely with program staff, grants team, leadership, and external partners to ensure that financial practices align with the organization’s mission, values, and donor expectations.LTFisacharitablefoundationthatprovidesfinancialsupporttonot-for-profitlegalaid organizations based in Illinois. Legal aid is a vital social service that makes justice accessible for people who cannot afford to hire an attorney.Responsibilities:Maintain and reconcile the general ledger, including all journal entries and month-end closingsProcess accounts payable and accounts receivable, including vendor payments, invoicing, and deposits and reconciliations. Reconcile bank and credit card statements monthly.Review cash receipts and disbursements for proper coding.Track restricted and unrestricted funds, grants, and donations in accordance with fund accounting principles.Review financial data in accounting software.Maintain accurate and organized financial records in compliance with internal policies and external regulations.Collaborate with program and development staff to ensure proper allocation of expenses and grant compliance.Monitor cash flow and alert leadership to any financial concerns.Financial Reporting and Year-End PreparationPrepare monthly, quarterly, and annual financial reports for leadership and board of directors with actionable insights.Support the preparation of documentation for annual audits and 990 filings.Provide workpapers and documentation for year-end audit.Participate in meetings with auditors and tax preparers as needed.Compliance SupportHandle 401k administration.Manage and ensure payroll tax filings are completed in coordination with payroll service provider.Review preparation of Forms W-2, 1099 and 1096.Provide documentation needed for annual Form 990 filing.Internal Audit SupportAssist with internal audit processes.Periodically review accounting functions.Draft and review accounting memos to document processes.Payroll Tax ComplianceReview and reconcile payroll records.Review quarterly and annual payroll tax returns.Budgeting AssistanceSupport budgeting processes and provide financial data for planningAssist with annual budget preparation and periodic forecasting.QualificationsAssociate’s degree in accounting, or related field, college level coursework required. At least 5 years of accounting experience, preferably in a nonprofit setting.Experience with payroll tax filings.Technical Proficiency: Strong proficiency in accounting software, QuickBooks experience preferred; expertise in Microsoft Office, particularly with ExcelProblem-Solving: Ability to analyze and resolve technical issues effectively. Attention to Detail: Ensuring accuracy and thoroughness in all tasks. Knowledge of Accounting Practices: Demonstrated understanding of nonprofit accounting principles, including fund accounting, internal controls, and compliance with financial reporting standards and data security requirements.Salary & BenefitsTheFinancial Services Directoris a full-time position, with a salary range of $110,000 -$125,000,dependingonexperience.LTFoffers excellent benefits, including Blue Cross/Blue Shield PPO medical insurance; dental, vision, and life-insurancecoverage;paidvacationandpaidtimeoff.LTFalsomakesanannual contributiontoanemployer-sponsored401Kretirementaccount followinganinitial12-month period of employment. An LTF laptop, iPhone with paid cellular anddataservice will be issued,along withotherequipmentasnecessary.Work LocationTheLawyersTrustFundmaintainsaphysicalofficeindowntownChicago butisoperating underamostly hybrid worksystem. Candidates must live in the Chicago area and be able to commute to the office a few times a week.Our Commitment to Diversity & InclusionAtLTF,webelievethatdiversityandinclusionarefundamentallyimportantobjectivesthat makeorganizationsmoreeffective.Inourhiringandourwork,wesupportdiversityinallits forms,encompassingbutnotlimitedtoage,disabilitystatus,economiccircumstance, ethnicity,genderidentity,race,religion,and/orsexualorientation.Powered by JazzHRCompensation details: 110000-125000PIa7e029551e71-35196-38523077