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Chief Financial Officer

The Salvation Army USA Central Territory
Chicago, IL Full Time
POSTED ON 2/18/2024 CLOSED ON 4/5/2024

What are the responsibilities and job description for the Chief Financial Officer position at The Salvation Army USA Central Territory?

THE SALVATION ARMY

North & Central Illinois Division

POSITION TITLE: Chief Financial Officer

LOCATION/DEPT: DHQ-Finance

REPORTS TO (TITLE): Divisional Commander

FLSA CATEGORY: Exempt

The Chief Financial Officer (CFO) provides financial operational support at all levels of the North and Central Illinois Division. This position supervises the Finance Department (Finance and Payroll) and is the primary Financial spokesperson for the organization. The Chief Financial Officer directly manages the Assistant Divisional Finance Director on all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the analysis of new funding opportunities as well as the Payroll Manager.


As a key member of the Management team, the Chief Financial Officer reports to the Division Commander and assumes a strategic role in the overall financial management of the division. The Chief Financial Officer will have primary day-to-day responsibility for planning, implementing, managing, and controlling all financial-related activities of the North and Central Illinois Division. This will include direct responsibility for accounting, finance, strategic planning, capital financial tracking, forecasting, financials of property management, payroll, government and private funding relationships and reporting compliance.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Provide leadership in the development for the continuous evaluation of short and long-term strategic financial objectives with the Division Leadership Team, the Territory staff, and the Corps officers.

Ensure credibility of Finance group by providing timely and accurate analysis of budgets, financial trends, audits, and forecasts for the Division and Area Commands.

Take hands-on lead position of developing, implementing, and maintaining a comprehensive budget and financial analysis system.

Direct and oversee all aspects of the Finance & Accounting functions of the organization through the Assistant Finance Director.

Direct and oversee all aspects of the Payroll functions of the organization through the Payroll Manager.

Evaluates and advises on the impact of long-range planning, introduction of new programs/ strategies and regulatory action.

Establish and maintain strong relationships with department heads so as to identify their needs and seek full range of business solutions.

Provide senior management with advice on the financial implications of business activities and programs.

Provide recommendations to strategically enhance financial performance and mission opportunities.

Ensure that effective internal controls are in place and ensure compliance with GAAP and applicable federal, state, and local regulatory laws and rules for financial non-profit reporting.

Other duties and projects, as assigned.

REPORTING RELATIONSHIPS

This position reports to the Division Commander.

This position supervises, directly and indirectly, the Finance Department and Payroll staff and those in each Area Command.

This individual relates to and interacts with a wide range of contacts both within and outside The Salvation Army (including, but not limited to outside contacts, vendors, applicants, DHQ/THQ staff, department heads, institutions, and Corps personnel). In these contacts, they act as a representative of the Army and its mission.

EDUCATIOIN/EXPERIENCE

BS in Accounting or Finance, and an MBA and/or CPA required.

Over 10 years in progressively responsible financial leadership roles, preferably in nonprofit environment, financial and property management.

Auditing skills to include knowledge of the Single Audit (A-133 Audit) standards.

PC proficiency is essential (Windows environment) and strong working knowledge of Accounting software and Excel

THE SALVATION ARMY MISSION STATEMENT

The Salvation Army, an international movement, is an evangelical part of the universal Christian church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination.


All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. The Salvation Army is committed to providing reasonable accommodation for qualified job applicants, job candidates, and employees with disabilities to ensure they enjoy equal access to all employment opportunities and benefits of employment as required by the Americans with Disabilities Act. EEO is the Law.

 

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