Dir-Finance & Oper (CCCF)

Fueled by the generosity of Chicago’s philanthropic community, the City Colleges of Chicago Foundation (CCCF) is a separate not-for-profit, 501(c)(3) organization, governed by an independent board of directors that exists to secure philanthropic resources to provide financially for the needs of the City Colleges of Chicago that cannot be met through government funding or student tuition income.

Charitable contributions raised by CCCF supports students from all backgrounds in reaching their academic and career goals. Contributions support: innovative programming that prepares students for future workforce and transfer opportunities, creative partnerships including the strongest-ever relationship with the Chicago Public Schools, scholarships that create access to a quality, affordable education, and student supports from emergency funding to housing coordination that ensure CCC continues to meet the needs of all students.

PRIMARY OBJECTIVE

The Director of Finance and Operations – CCC Foundation manages the foundation’s business operations relating to the strategic financial management and accounting of the foundation’s financial resources including gifts, donations, grants and other contributions; ensures financial activities adhere to sound fiscal practices and support the advancement services functions of the foundation; and participates in the strategic planning for the allocation and spending of funds. Performs related duties as required.

The position reports to the President of CCCF and works closely with the CCCF Board of Directors, CCC’s Chief of Staff and Strategy, and CCC’s Chief Financial Officer who also serves as the CCCF Board Treasurer.

ESSENTIAL DUTIES

• Develops the Foundation’s annual income and expense budget in coordination with the CCCF Board and President.
• Performs financial analysis of CCCF’s spending and income. Develops and presents financial reports to Foundation President and Board to support decision-making on CCCF finances and planned expenditures.
• Attends quarterly CCCF Board meetings and makes presentations on financial forecasting and various expenditure, income, and budgetary issues as requested.
• Monitors and ensures gifts, grants and other contributions are spent in accordance with donor requests or grant agreements. Works closely with Principal Investigators (PIs) and other key staff in creating operating budgets, reviewing budget expenditures, and preparing reports.

• Manages the expenditures of private grants, major gifts and scholarships and conducts monthly reconciliation of accounts.
• Prepares quarterly and annual spending reports to funders on disbursement of funds.
• Maintains and ensures accuracy of various financial and accounting records and compliance with financial reporting requirements relating to the disbursement of foundation resources.

• Attends quarterly meetings with CCCF asset management vendor. Manages and implements work related to asset management.
• Oversees and participates in the review and approval of various accounts payable requests for the disbursement of funds including scholarship payments, grant budget allocations, and vendor payments.
• Monitors and ensures the functionality of Bloomerang, a proprietary donor management and fundraising software platform, for CCCF. Generates various fund account reports to review fund balances and prepare reports.
• Oversees staff engaged in the entering data relating to gifts, donation and related contributions to CCCF utilizing Bloomerang.
• Works with District Finance in creating and establishing systems to effectively track foundation expenditures and streamline financial reporting.
• Collaborates with various CCC stakeholders, such as members of the Institutional Resource Development and Finance teams, to ensure the transfer and exchange of relevant grant information, data, and financials
• Supports CCC President and Board of Directors in the development of gift acceptance policies and procedures.
• Performs other duties as required.

REPORTING RELATIONSHIPS

Reports To President – City Colleges of Chicago Foundation

Direct Supervision TBD

QUALIFICATIONS

• Bachelor's degree from an accredited college or university in Accounting, Business Administration, or a related field
• CPA or advanced experience in charitable foundation fund accounting required
• Five (5) years of progressively responsible experience in accounting field, preferably in education or other non-profit organization
• Experience with fund accounting for a 501(c) organization is preferred
• Competency with finance / accounting software applications required
• Knowledge of fundraising CRM’s required; Bloomerang preferred.
• Demonstrated knowledge of accounting principles and best practices
• Must possess a high attention to detail
• Ability to work evenings and weekends as needed; travel to events on and off campus.
• Self-starter and critical thinker with the ability to think beyond the numbers and how they have the capacity to tell stories
• Strong analytical and strategic thinking skills to provide thought leadership and identify financial, operational, and process improvement opportunities.
• Ability to interact professionally and tactfully with people of different levels of education, cultural backgrounds, and life experiences
• Proficiency in use of Microsoft Office (Work, Excel, PowerPoint)

WE OFFER: Excellent health and welfare benefit package and long-term savings and investment programs including 403(b) & 457(b) Investment Plans and a pension plan with the State University Retirement System (SURS) Plan. Generous vacation, holiday, personal and sick days, and tuition reimbursement. For a more detailed overview of benefits, please visit the benefits page of our website.

We are an equal opportunity and affirmative action employer.

Chicago residency is required for all full-time employees within 6 months of hire.

Thank you for your interest in CCC!

TBD