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Provide strategic financial leadership, including predictive cash flow modeling and budget management, to ensure organizational sustainability. Oversee financial system migrations and provide mentorship to the finance team while ensuring grant compliance and audit readiness.
Requires a CPA, CMA, or MBA with over 10 years of experience, including 7+ years in senior financial leadership. Must have proven mastery of restricted fund accounting for complex nonprofit grant portfolios and proficiency in QuickBooks.
Position Overview
CGLA seeks a strategic, forward-thinking Fractional CFO with deep experience in nonprofit accounting, cash flow modeling and projection, grant reporting and compliance, organizational budget management, and financial systems integration. This role, reporting to the Executive Director, is critical in ensuring financial sustainability, optimizing financial operations, and supporting strategic growth.
The Fractional CFO will support our existing Senior Accountant and Finance Team, working closely with the Executive Director and Board of Directors to strengthen financial reporting and risk management while aiding leadership to make more informed decisions.
The ideal candidate will provide high-level financial strategy, build upon predictive cash flow models, add support an in-progress transition to an automated payment and reimbursement system, strengthen organizational budget management and internal controls, and provide mentorship and guidance our existing finance team.
CGLA seeks leaders who demonstrate cultural humility, a commitment to justice, and the ability to work effectively supporting communities disproportionately impacted by the criminal legal system.
Key Responsibilities
1. Strategic Financial Leadership & Modeling
2. Team Leadership, Systems Integration & Operational Overlap
3. Grant Compliance & Accounting Oversight
Qualifications & Experience
Compensation & Commitment
This is a part-time, contract-based position with an estimated commitment of 35-45 hours per month (or 8-12 hours per week). This role is structured as a fractional executive engagement and does not include employee benefits. Compensation is $4,500 to $7,500/month, commensurate with nonprofit financial management experience.
Giving Justice a Voice.
CGLA was established in 1973 to serve legal needs arising from the lack of opportunity, criminalization of poverty, and racial inequity experienced within the Cabrini Green community. Since then, CGLA has grown beyond a single neighborhood to become a citywide, countywide, and now recognized statewide leader in supporting low-income individuals negatively impacted by the criminal justice system. Our goal is to ensure that people are able to move beyond the barriers to achieve positive outcomes and lead successful lives. Annually, CGLA serves over 7,000 clients, and each year, we continue to evolve, strengthen, and better address the needs of our community on their journey to justice.
Offices: 6 S Clark St, 200, Chicago, Illinois 60603, US
Based on 5134 listings with disclosed salaries, most management & leadership jobs in Chicago, IL pay between $67k–$180k per year. Individual offers vary with seniority, company size, and specialization.
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