Chief Financial Officer - Non-Profit

The Chief Financial Officer / Assistant Vice President provides oversight of direct reports and CFO services to non-profit organizations by executing contractual obligations, including managing the full-cycle accounting functions of multiple clients, such as financial statement preparation, cash management, grant management, budgeting, and audit preparation support. The Assistant Vice President also serves as a brand ambassador and thought-leader of Quatrro and helps initiate, maintain, and develop relationships.

Location: Hybrid: Chicago, IL.

Quatrro is a technology-enabled, cloud-based outsourcing firm that’s changing the way companies think about accounting, human resources, and technology services. We provide world-class expertise to small, mid-sized, and enterprise companies across multiple industries, including non-profit, retail, auto, and restaurant. With smarter systems and over 2,200 specialists, Quatrro helps you see further, scale smarter, and stand stronger. That’s why we consistently achieve high customer and employee satisfaction ratings.

 CFO / AVP  R oles and Responsibilities:

  Direct Client Services (80%)

1. Serves as the primary point of contact for assigned nonprofit clients, offering strategic financial advice and guidance to support their organizational objectives.

2. Conducts thorough financial assessments for each client, analyzing budgets, cash flow, and financial statements to identify areas for improvement and efficiency.

3. Collaborates with clients to develop comprehensive budgets and financial forecasts, ensuring alignment with their long-term goals and objectives.

4. Oversees and supports the preparation and delivery of accurate and timely financial reports to clients.

5. Delivers financial presentations to key client stakeholders such as the finance committee and board of directors.

6. Provides insights and recommendations based upon key financial metrics and industry trends.

7. Ensures client compliance with all relevant financial and funding regulations and reporting requirements by proactively identifying and addressing any potential compliance issues.

8. Assesses and mitigates financial risks for clients by implementing effective strategies to safeguard their financial assets and investments.

9. Evaluates and streamlines financial processes and procedures for clients, leveraging technology and best practices to enhance efficiency and effectiveness.

10. Reviews and recommends cost saving measures and revenue generation strategies, including but not limited to recommending funding opportunities such as federal, state, and local government grants.

11. Serves as subject matter expert and advisor on all client related accounting and financial matters including but not limited to the Code of Federal Regulations, indirect cost rates, allocation methodologies, and accounting standard updates (ASU’s).

12. Fosters strong, collaborative relationships with key stakeholders at each client organization, serving as a trusted advisor and advocate.

13. Addresses client concerns and ensures timely resolution.

Supervisory Responsibilities (15%):  

1. Oversees team deliverables and execution of contractual deliverables.

2. Manages multiple direct reports and provides mentoring, training, and professional development.

3. Reviews team performance and provides constructive feedback and signoff on individual development plans.

Other Duties and Responsibilities: (5%)

1. Provides thought leadership through presentations on technical and management issues to organizations and prospective clients.

2. Supports review and management of contract scope, pricing, and staffing to ensure financial profitability of assigned engagement(s).

3. Engages and participates in the client’s community and mission through various means such as volunteer opportunities.

4. Other duties as requested.

Extent of Public Duties:

1. Serves as a representative of Quatrro as a “Thought-Leader” to various organizations within the industry and broader community, displaying courtesy, tact, consideration, and discretion in all interactions.

General Knowledge and Skills :

• Required :
  Bachelor’s degree in accounting, ability to prioritize tasks, excellent interpersonal skills, advanced knowledge of industry-specific accounting software, advanced Excel skills,
  10+ years of industry-specific experience
  10+ years of senior accounting experience (DOF/Controller/CFO/CAO), business acumen, and ability to communicate with key stakeholders and C level executives.

Preferred :
Master’s Degree, CPA, experience in people management, and experience in creating/implementing processes and efficiencies.
Experience working with State and Federal funding and grants.
IFDCFS, DCFS, DHS, IL DMH, City of Chicago DFSS, ICJIA, IL DCEO, US DOL (WIOA)).

Desirable : Work experience in consulting and/or business process outsourcing (BPO).

Industry Specific Matters (Required) :

1. Industry Experience: health and human service organizations.
2. Grant Experience: federal grant administration/management experience, State of Illinois grant administration / GATA experience

Physical demands: This position requires daily use of fingers, talking, sitting, listening, and vision. Equipment used includes, but is not limited to: computers and keyboards, calculators, writing utensils, and telephones. Employee must be able to lift up to 40 pounds.

Travel Requirements: This position primarily operates remotely from a home office or a local office, at the employee’s discretion. Travel, while unlikely, may be required at the discretion of the Company. Required travel is typically local to client sites in Greater Chicago but may require travel out of state for periods of time.

#INDPE2023 #INDPE2023

Quatrro Business Support Services is the market leader in providing cost-effective financial and accounting outsourcing solutions, technical support services and a range of affordable business support services for small and midsized businesses across many industries. We utilize best practices to streamline labor-intensive processes, resulting in significant cost savings and improved business insight for our clients. If you are interested in joining a dynamic and rapidly growing team please apply today!