CTU Foundation: Finance Manager

About the role

The CTU Foundation consists of two related organizations operating through a resource-sharing agreement: the Chicago Teachers Union Foundation (CTUF), a 501(c)(4), and the Children and Teachers Foundation (CTF), a 501(c)(3). Together, they support educational, charitable, professional learning, and community-based initiatives through a diverse mix of revenue sources, including grants, contributions, earned income, rental income, and investments.

Responsibilities

• Serve as a strategic advisor to the Executive Director and Board.
• Lead long-range financial planning, forecasting, and scenario analysis.
• Identify financial risks and opportunities and recommend appropriate actions.
• Develop financial dashboards, performance metrics, and management reports.
• Support financial sustainability across CTUF and CTF.
• Lead the annual budgeting process in partnership with leadership and department managers.
• Maintain oversight of the outsourced accounting firm and serve as the primary liaison with auditors, banks, investment advisors, and other financial partners.
• Prepare and present financial analyses for leadership and the Board.
• Monitor organizational financial performance and communicate trends and risks.
• Oversee reporting related to grants, contracts, and restricted funds.
• Oversee cash flow, reserves, investments, and banking relationships.
• Prepare materials and present financial information to the Board and committees.
• Coordinate the annual audit and serve as primary liaison to auditors.
• Develop and maintain financial policies, internal controls, and compliance practices.
• Monitor nonprofit financial, audit, tax, and regulatory requirements.
• Recommend improvements to financial systems, controls, reporting, and workflows.
• Evaluate financial software and reporting tools.
• Promote efficient, transparent, and effective financial operations.

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, Public Administration, or related field.
• Five or more years of progressively responsible financial management experience in the non-profit sector.
• Nonprofit, foundation, labor, education, advocacy, or mission-driven organization experience.
• Experience working within multi-entity organizations, including 501(c)(3) and 501(c)(4) structures.
• Strong relationship management and stakeholder engagement skills.
• Sound judgment, discretion, and commitment to financial stewardship.
• Strong experience in budgeting, forecasting, financial reporting, and financial analysis.
• Experience managing external accountants, auditors, or outsourced financial service providers.
• Excellent analytical, organizational, technology, and presentation skills.
• Ability to communicate complex financial information to diverse audiences.

Qualifications

• Preferred CPA, CMA, MBA, or similar credential.
• Experience with grants management, fund accounting, and restricted funds.
• Fundraising or development experience.
• Experience providing financial oversight in complex organizational environments, including resource-sharing arrangements and multiple funding streams.
• Understanding of nonprofit financial management, governance, IRS regulations, audits, and compliance requirements.

Skills

• Strategic financial planning and analysis.
• Financial reporting and compliance.
• Cash management and investment oversight.
• Board and committee presentations.
• Financial policy development and implementation.
• Financial system and process improvement.

Benefits

Salary range: $125,000–$135,000, commensurate with experience and qualifications.

Pay

Salary range: $125,000–$135,000, commensurate with experience and qualifications.

Schedule

N/A