Director of Finance Job Description
About Renaissance Social Services
Renaissance Social Services (Renaissance) is a leader in Chicago’s response to homelessness. Renaissance provides a range of proven solutions including prevention, outreach, rapid re-housing, permanent supportive housing, behavioral health care, and clinical case management.
Job Summary
The Director of Finance will report to the Executive Director and will oversee all finance and HR operations for Renaissance, supervising two direct reports. This individual will play a critical role in the organization's fiscal health, providing financial leadership and strategic insight to support Renaissance’s mission. The Finance Director will manage day-to-day accounting functions, including budgeting, financial reporting, audits, and compliance, while also collaborating with leadership to drive financial sustainability and transparency.
Compensation
This is a full-time in-person position at Renaissance’s West Side Chicago office with an annual salary range of $100,000-$110,000 based on experience and credentials. See Benefits for information on Renaissance’s comprehensive benefits package.
Primary Duties and Responsibilities
Accounting
- Develop, implement, refine and maintain policies and procedures to improve the finance department’s overall effectiveness and adherence to internal controls.
- Manage the month-end, quarter-end, and year-end closing processes, including reconciliations, journal entries, and reporting.
- Oversee the tracking, bi-weekly and monthly reporting, and reconciliation of Renaissance’s federal, state, and local grant funds and other restricted contributions to ensure compliance with donor and grantor requirements.
- Ensure invoices to all funders are allocable and allowable according to grant guidelines.
- Oversee client billing and collections efforts.
- Review and approve all vendor invoices for payment.
- Manage the preparation for and execution of annual audits, working with external auditors and ensuring the organization adheres to all relevant laws, regulations, and accounting standards.
- Ensure compliance with all IRS, state, and federal reporting requirements, including Form 990, and other related filings.
- Supervise and mentor finance department staff, providing training, guidance, and performance evaluations to ensure high performance and professional growth.
Financial Planning and Analysis (FP&A)
- Build out Renaissance’s FP&A function to provide more robust financial and KPI reporting to management and the Board of Directors.
- Monitor cash flow and ensure that the organization maintains adequate liquidity to meet operational needs.
- Collaborate cross functionally to create, monitor and maintain adequate budgets.
- Prepare and communicate the financial performance to management, the Finance Committee and the Board of Directors. This includes Monthly Budget vs Actual financial reviews, Budgets, Cash Flows and other special projects as required.
- Work with fundraising staff on Foundation grant applications, budgets and financial reports.
- Collaborate with Compliance Officer to complete Medicaid billing financial reporting requirements.
Human Resources
- Execute bi-weekly payroll for staff of ~ 100.
- Oversee the HR aspects of payroll, including updating proper employee deductions in the payroll and benefits system and ensuring allocations are current and correct.
- Oversee expense reimbursements within the HRIS are allocated to the correct grants.
- Ensure accruals for time off are correctly accounted for.
- Support policy creation and oversight.
Qualifications
- Minimum of B.A., ideally with an MBA, CPA or related degree.
- At least 5 years of non-profit accounting experience; broad financial and operational management experience.
- Experience with non-profit grants management; knowledge of state and federal grants is a plus
- Knowledge of non-profit auditing is welcomed but not necessary.
- Ability to present financial data to management, Boards of Directors and Federal, State and Local agencies in a clear and concise manner.
- Experience with Financial Statement preparation, Budgets and Cash Flows. Additional FP&A experience is not required, but candidates should have a desire to grow into more robust FP&A activities.
- Direct supervisory experience is not required, but candidates should have experience leading staff members to achieve goals.
Competencies
- Detail-oriented: You dot your “is” and cross your “ts” when it comes to compliance matters.
- Builder: You are innovative, entrepreneurial and excel at change management; Building a more efficient and effective finance department is a challenge you would embrace.
- Strong Project Manager: You excel at managing multiple competing priorities, collaborating across departments, and leading team members to achieve goals.
- Committed: You are committed to Renaissance’s mission; You are committed to training that will further goals (ex: best practice accounting or human resources topics); You are committed to working hours as necessary for deadlines and special projects.
Benefits (subject to change)
- Quality health insurance options including HMO, PPO, HSA and Hybrid PPO (80% paid by employer for employees and dependants)
- Dental PPO and HMO (80% paid by employer for employees and dependants)
- Vision (80% paid by employer for employees and dependants)
- Long and short-term disability
- Life Insurance
- Retirement plan with employer matching contributions up to 3%
- 15 paid vacation days in the first year
- 5 paid mental health days per year
- 5 paid sick days per year
- 11 paid holidays per year including employee birthday
- Professional development opportunities
- In-person to start with potential opportunity for some hybrid in the future
Equal Employment Opportunity Policy
Renaissance is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law.
Interested candidates should apply here: https://renaissancesocialservicesinc.applytojob.com/apply
