Director of Finance

Cradle Society

Director of Finance

Evanston, IL

 

Job Type

Full-time

 

Description

 

The Cradle, a leading nonprofit organization in Evanston, IL, is seeking a Director of Finance to serve as a trusted partner to the CEO, CAO and the board of directors. This hands-on leadership role guides all financial operations, from budgeting and cash flow to investments and insurance management. Ideal candidates bring strong nonprofit finance experience, collaborative leadership skills, and a passion for mission-driven work.

 

Requirements

 

Essential Functions

 

Financial Leadership & Strategy (25%)

 

• Partner with senior leadership and the Board to provide financial insights and recommendations.

• Lead annual budgeting, forecasting, and long-term financial planning.

• Oversee investment portfolio management to align with liquidity, risk, and mission goals.

 

Financial Operations & Reporting (40%)

 

• Manage all accounting functions including A/P, A/R, payroll, general ledger, and cash flow.

• Ensure accurate and timely financial reporting in compliance with GAAP and nonprofit standards.

• Prepare and present financial statements, budgets, and grant reports.

• Support fundraising efforts through budget development and donor/grant reporting.

 

Compliance, Risk & Insurance Management (25%)

 

• Oversee audits, IRS filings, and compliance with federal, state, and local regulations.

• Administer all organizational insurance programs (including therapy coverage) and maintain all risk management systems

 

Team, Systems & Process Leadership (10%)

 

• Supervise Finance Staff and collaborate with HR, Operations, and Consultants.

• Strengthen financial systems, policies, and procedures for efficiency and accuracy.

• Provide financial guidance and training to staff and managers.

 

Qualifications

 

Education & Experience

 

• Bachelor’s degree in accounting, Finance, or related field (CPA, CFA, or MBA preferred).

• 7–10 years of progressive experience in financial management, including at least 3 years in a nonprofit finance leadership role.

• Proven expertise in cash flow management, investment oversight, insurance carrier administration, and 403(b) plan management.

• Knowledge of medical billing, payer credentialing, and insurance reimbursement processes is strongly preferred.

• 3+ years’ experience as a supervisor

 

Skills & Competencies

 

• Deep knowledge of GAAP, nonprofit accounting, and fund accounting principles.

• Proficiency in running payroll, accounting systems (e.g., Financial Edge, Converge) and advanced Excel skills.

• Excellent analytical, problem-solving, and decision-making skills.

• Strong written and verbal communication skills, including the ability to present complex financial data to non-financial audiences.

• Collaborative leadership style that fosters trust, teamwork, and transparency.

• Commitment to The Cradle’s mission, values, and equity goals.

 

Salary Description

 

$100,000 - $110,000 annually