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 $93,900 - $122,100
About UNION LEAGUE BOYS & GIRLS CLUBS
For nearly 140 years, the Union League Club of Chicago (ULC) has upheld the sacred obligations of citizenship, promoted honesty and efficiency in government, supported cultural institutions and the beautification of the city, and supported our nation’s military and their families. Today, the ULC continues its pursuit to remain committed to community including the active involvement of its members and their support of the Union League Boys & Girls Clubs.
For over 95 years, the Union League Boys & Girls Clubs have served the after-school development needs of at-risk youth in Chicago. The Union League Boys and Girls Club was founded December 26, 1919 and became an affiliate member of the Boys & Girls Clubs of America on February 23, 1920. The Union League Boys & Girls Clubs strives to enable all young people - especially those who need them most - to reach their full potential as productive, responsible, and caring citizens. Currently, Clubs serve more than 14,700 enrolled members between the ages of 6 and 18 at 10 locations. Each day, more than 2,000 youth take part in programming focused on academic success, healthy lifestyles, and good character and citizenship. The organi...zation also staffs and manages its own 247-acre summer camp in Salem, Wisconsin where youth from Chicago’s inner city participate in enrichment activities in an environment free from drugs, gangs and violence. The Union League Boys & Girls Clubs also launched a programming initiative at the Cook County Juvenile Temporary Detention Center aimed at reducing the high rate of recidivism among the juvenile detainees. The Union League Boys & Girls Clubs help youth prepare to reach their full potential! In 1919, Club One in Chicago’s Pilsen neighborhood provided a safe place for a young man who had just lost his father as World War I came to an end in Europe. Ninety- six years later, a female high school student at Club Two finds a place to safely assert herself as a leader among her peers through community service, and a young boy at ULBGC’s Barreto Club feels free to pursue his interest in science without fear of being ridiculed by the “cool” kids at his school. Thanks to the generous support of its donors and programming partners, the youth of the Union League Boys & Girls Clubs have the opportunity to succeed in life and to find their voices in the world.