Job Description

TITLE:                                                    Senior Financial Consultant (Fractional CFO)

ORGANIZATIONAL CONTEXT:

Converge Consulting is a social enterprise, owned by Forefront and delivers financial, accounting, and back-office solutions to nonprofits and foundations. Converge Consulting aims to be Illinois’ premier financial services consulting firm for organizations in the social impact sector throughout the state of Illinois, furthering the mission of Forefront.

ABOUT FOREFRONT

Forefront is one of few statewide associations in the US whose membership includes grant makers, operating nonprofits, and their advisors. Members are its primary customers. Within the context of the mission, Forefront programs are designed to provide opportunities for networking, education, policy engagement, leadership development, and collaboration among members.

THE ROLE

The Senior Financial Consultant works directly with clients to maximize return on financial assets by establishing financial policies, procedures, controls, and reporting systems, ensuring compliance through testing and training, and working directly with top management to create budgets, forecasts, and long-term financial goals.

This role mandates someone with customer service skills, the ability to proactively engage decision makers, and take control when providing solutions. Solutions to be provided include but not limited to: accounting, accounts payable, accounts receivable, audit preparation, bank account reconciliation, book keeping, billing, budgeting, cash management, chart of accounts, cost methodology, financial analysis, financial statement generation, investment account management, multi- year grant and funding reports, tax preparation.

The SFC will be the face of Converge Consulting for the client, able to articulate the mission and value proposition of Converge.

RESPONSIBILITIES

• Work directly with the board of directors and senior management in all financial matters
• Oversee and coordinate with Client’s CPA firm for year-end taxes
• Lead the financial reporting and budgeting process.
• Analyze operations to recommend and implement new policies, procedures, and systems.
• Planning, directing, and controlling the accounting function for a nonprofit organization.
• Identifying and addressing financial risks and opportunities.

• Monitoring financial performance by measuring and analyzing results.
• Reporting financial status by developing and maintaining forecasts.
• Managing multiple projects with competing priorities and deadlines.
• Guide financial decisions by recommending and executing the establishment, monitoring, and enforcement of policies and procedures
• Oversee and manage government grants as applicable
• Implement and manage revenue streams affected by ASU606
• Establishing, monitoring, and enforcing internal controls
• Monitor and confirm financial condition by conducting internal audits; providing information to external auditors
• Comply with federal, state, and local legal requirements by studying existing and new legislation; anticipating future legislation; enforcing adherence to requirements; filing financial reports; advising management on needed actions.
• Maintain professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.

QUALIFICATIONS

• Bachelor’s degree in accounting, finance or related field.
• Must have at least 5 years’ experience in nonprofit accounting
• Certified Public Accountant and/ or Private Foundation experience strongly preferred but not required
• Exceptional communication skills with ability to convey complex issues in easy- to-understand terms.
• Strong familiarity with multiple accounting software and platforms including QuickBooks.
• Must have mature, highly professional demeanor.
• Must have experience with federal, state, and city grant compliance
• Demonstrated ability to navigate and understand ambiguous situations.
• Candidates must have a high proficiency in client management as well as project management. They must demonstrate the ability to manage multiple clients and projects to successful completion on time.
• Leadership skills and the ability to achieve results.
• Technology driven, forward thinking mindset.
• Initiative and follow through; and demonstrate that they are highly motivated, a self-learner, and able to work independently.
• Work is primarily remote but must be able to travel to client sites on occasion.

COMPENSATION

Full-time position, eligible for benefits Salary range:

$70,000 – $90,000 base salary; additional incentives Benefits:

• 403(b) and up to 8% company contribution
• Dental Insurance
• Employee assistance program