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Chicago Commons

Chief Financial Officer

Chicago Commons, Chicago, Illinois, United States, 60290

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About Us We are a mission‑driven organization committed to advancing equity and excellence in Early Childhood Education. Our mission is two‑fold as we also have a footprint in Seniorcare including working with people with disabilities. Our work is rooted in supporting seniors, people with disabilities, children, families, and communities through high‑impact programs funded by federal, state, and city grants.

Position Summary We are seeking a strategic and compliance‑driven Chief Financial Officer (CFO) with deep experience in managing public sector grants, particularly in the Early Childhood Education space. The CFO will lead the financial strategy, ensure fiscal integrity, and oversee all financial operations including budgeting, reporting, and compliance with grant requirements. This position is responsible for facilities management and procurement.

Key Responsibilities

Lead financial planning, forecasting, and budgeting processes across the organization.

Oversee fiscal management of federal, state, and city grants, ensuring full compliance with all regulations and reporting requirements.

Develop and maintain internal controls and financial policies aligned with best practices and grantor expectations.

Collaborate with programs to align financial strategy with programmatic goals.

Prepare and present financial reports to executive leadership, board of directors, and funders.

Manage audits with external auditors and regulatory agencies.

Supervise finance staff and foster a culture of accountability and continuous improvement.

Create and execute a facilities plan aimed at optimizing working capital and supporting long‑term sustainability.

Direct and manage the revenue cycle activities including charge capture, charge master, health information management, billing and collections, account adjudication and revenue cycle compliance.

Oversee the management and coordination of all fiscal reporting activities for the organization including revenue/expense and balance sheet reports. Direct the production of monthly reports as well as financial statements and cash flow projections for use by the Executive Team and the Board of Directors.

Responsible for integrity of the organization’s internal control structure to safeguard financial assets of the organization. Ensures all financial practices, systems, activities, and records are in compliance with applicable government and regulatory requirements as well as contractual and funding sources standards and obligations.

Ensure availability of financial resources to meet organization’s current and future needs through oversight and management of organization’s investments, liabilities, assets and receivables. Advise President of significant changes in various factors such as markets, tax laws, regulatory environment, revenues, or costs, which could necessitate changes or adjustments in overall financial plans and strategies.

Oversee the management and initiatives of the facilities and procurement.

Serve as the Leader of the Finance committee.

Required Qualifications

Proven experience as a CFO or senior financial leader in a nonprofit or public sector organization.

7+ years of experience as a CFO or VP of Finance.

Extensive knowledge of grant management, especially in Early Childhood Education (ECE).

Strong understanding of federal (e.g., Head Start, CCDF), state, and city funding streams.

Demonstrated success in financial compliance, reporting, and audit readiness.

CPA, MBA, or equivalent advanced degree preferred.

Exceptional leadership, communication, and analytical skills.

Preferred Qualifications

Proven experience working with financial systems and grant management platforms.

Strong understanding of OMB Uniform Guidance and federal compliance requirements.

Ability to interpret and communicate complex financial data in a clear, actionable way for non‑financial audiences.

Excellent communication skills, with the ability to present information effectively in person, virtually, and in written formats.

Compensation & Benefits

Compensation Range: $185,000 – $200,000 annually.

Paid Time Off: 22 accrued PTO days per year.

Company Holidays: 10 paid holidays annually.

Insurance Coverage: Employer‑paid short‑term and long‑term disability, life insurance, and AD&D coverage.

Flexible Spending Options: Health and Dependent Care Flexible Spending Accounts (FSAs).

Retirement Benefits: 403(b) retirement plan with employer matching contributions.

How to Apply Please submit your resume and a cover letter detailing your applicable experience.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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