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The Cradle

Director of Finance

The Cradle, Chicago, Illinois, United States

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Chief Administrative Officer at the Cradle The Cradle, a leading nonprofit organization in Evanston, IL, is seeking a

Director of Finance

to serve as a trusted partner to the CEO, CAO and the board of directors. This hands‑on leadership role guides all financial operations, from budgeting and cash flow to investments and insurance management. Ideal candidates bring strong nonprofit finance experience, collaborative leadership skills, and a passion for mission‑driven work.

Essential Functions

Financial Leadership & Strategy (25%)

Partner with senior leadership and the Board to provide financial insights and recommendations.

Lead annual budgeting, forecasting, and long‑term financial planning.

Oversee investment portfolio management to align with liquidity, risk, and mission goals.

Financial Operations & Reporting (40%)

Manage all accounting functions including A/P, A/R, payroll, general ledger, and cash flow.

Ensure accurate and timely financial reporting in compliance with GAAP and nonprofit standards.

Prepare and present financial statements, budgets, and grant reports.

Support fundraising efforts through budget development and donor/grant reporting.

Compliance, Risk & Insurance Management (25%)

Oversee audits, IRS filings, and compliance with federal, state, and local regulations.

Administer all organizational insurance programs (including therapy coverage) and maintain all risk management systems.

Team, Systems & Process Leadership (10%)

Supervise Finance Staff and collaborate with HR, Operations, and Consultants.

Strengthen financial systems, policies, and procedures for efficiency and accuracy.

Provide financial guidance and training to staff and managers.

Qualifications Education & Experience

Bachelor’s degree in accounting, Finance, or related field (CPA, CFA, or MBA preferred).

7–10 years of progressive experience in

financial management , including at least 3 years in a

nonprofit finance leadership

role.

Proven expertise in

cash flow management ,

investment oversight ,

insurance carrier administration , and

403(b) plan management .

Knowledge of

medical billing ,

payer credentialing , and

insurance reimbursement

processes is strongly preferred.

3+ years’ experience as a supervisor.

Deep knowledge of

GAAP , nonprofit accounting, and

fund accounting principles .

Proficiency in running payroll, accounting systems (e.g., Financial Edge, Converge) and advanced Excel skills.

Excellent analytical, problem‑solving, and decision‑making skills.

Strong written and verbal communication skills, including the ability to present complex financial data to non‑financial audiences.

Collaborative leadership style that fosters trust, teamwork, and transparency.

Commitment to The Cradle’s mission, values, and equity goals.

Additional Information

Work Location:

On‑site at The Cradle’s Evanston headquarters.

Background Requirements:

DCFS background check, fingerprinting, and medical exam required.

Salary Range:

$100,000–$110,000.

Benefits:

Comprehensive benefits package including health, dental, vision, 403(b) retirement plan, and generous paid time off.

The Cradle The Cradle is an equal‑opportunity employer. We value diversity and are committed to creating an inclusive environment for all employees.

Seniority level

Director

Employment type

Full‑time

Job function

Finance and Sales

Industries

Non‑profit Organizations

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