Vice President of Finance and Accounting - Non-profit
Location: Local, Remote Hybrid Client-Site based out of Chicago
Industry: Nonprofit Health & Human Services
Revenue Scope: $50- ~$70 Million
Overview
We are seeking a dynamic Vice President of Finance and Accounting to serve as Chief Financial Officer (CFO) for a leading nonprofit organization in the health and human services sector. This executive-level role blends strategic leadership with hands-on financial stewardship, delivering high-impact advisory, compliance oversight, and operational excellence. The VP will lead complex finance and accounting functions, mentor a high-performing team, and drive mission-aligned financial strategy.
Key Responsibilities
Executive Financial Leadership
• Serve as CFO for a nonprofit client, acting as the primary financial advisor to executive leadership and boards.
• Deliver strategic financial planning to support growth, sustainability, and alignment with organizational mission.
• Present financial performance, forecasts, and recommendations to boards, finance committees, and senior leadership.
Financial Operations & Compliance
• Lead monthly and quarterly reporting cycles, including financial statement analysis, budgeting, forecasting, and cash flow management.
• Ensure compliance with nonprofit accounting standards (GAAP/ASC 958), federal cost principles (2 CFR 200), and state regulations.
• Manage annual audits, single audits, and grantor reviews with precision and timeliness.
• Develop and refine internal controls, financial systems, and process improvements to enhance efficiency and transparency.
Strategic Advisory & Risk Management
• Collaborate with client leadership on budgeting, multi-year forecasting, and scenario modeling.
• Advise on financial risk mitigation strategies, including liquidity planning, reserve policies, and investment oversight.
• Support strategic initiatives such as mergers, capital projects, new funding streams, and grant applications.
• Provide technical guidance on accounting standards, cost allocations, and indirect rate methodologies.
Team Leadership
• Supervise finance and accounting professionals (controllers, managers, analysts) across client engagements.
• Ensure timely, accurate, and high-quality deliverables aligned with client expectations and contractual obligations.
• Foster a culture of mentorship, professional development, and performance excellence.
Practice Management
• Partner with the Assistant Practice Leader to manage client portfolios, ensuring profitability, compliance, and satisfaction.
• Contribute to firm-wide initiatives, including process standardization, training programs, and thought leadership.
• Support strategic growth planning and cross-functional service expansion.
Additional Duties
• Participate in scope reviews, pricing strategies, and contract management to optimize engagement margins.
Industry Engagement
• Represent the firm as a thought leader within the nonprofit finance community, demonstrating professionalism, discretion, and influence.
Qualifications
Required
• Bachelor’s degree in Accounting, Finance, or related discipline.
• 10+ years of progressive leadership experience, including CFO or equivalent roles.
• Expertise in nonprofit accounting (GAAP/ASC 958), federal compliance (2 CFR 200), and audit management.
• Proven success advising boards and executive teams.
• Strong team leadership and multi-client management capabilities.
• Advanced proficiency in Microsoft Excel and ERP/accounting systems.
• Exceptional communication and relationship-building skills.
• Strategic mindset with operational execution capabilities.
Preferred
• Master’s degree (MBA, MPA) or CPA certification.
• Familiarity with nonprofit sectors such as HHS, housing, or behavioral health.
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