Chief Financial Officer (55109)

The Association for Individual Development (AID) is a long-standing mission-driven nonprofit empowering individuals with developmental intellectual physical and mental health challenges to live lives of dignity independence and purpose across the greater Fox Valley and surrounding Illinois communities. Since 1961 AID has provided comprehensive person-centered services spanning behavioral health care crisis outreach developmental disability support employment services community integration and permanent supportive housing for thousands of children and adults.

Today AIDs impact is visible not only in the lives it touches but in the breadth of its presence across the region. Services are delivered within and through 70 buildings including affordable housing apartments single-family homes community day centers clinics and programmatic and administrative 2025 alone AID served 4800 individuals through these programs supported by a dedicated team of nearly 750 employees committed to strengthening communities through inclusive care and stable living environments.
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Role Summary:
AID is seeking a Chief Financial Officer who will serve as a true strategic partner to the CEO while directly owning and executing the organizations financial this role the CFO helps shape how the organization grows invests and advances its mission while remaining accountable for translating strategy into disciplined financial execution. This is a role for a leader who plays an active part in major organizational decisions including capital renovations asset purchases funding strategy and large-scale operational investments while personally overseeing the financial analysis planning and execution that supports those decisions across a complex $58M multi-site organization.

With significant government funding at the core of AIDs revenue this CFO will be directly responsible for navigating the nuance compliance and rigor that public funding requires. They will personally ensure timely accurate and transparent financial reporting for the Board leadership and staff while strengthening the internal infrastructure that supports sound organization-wide decision making. AID has thoughtfully transitioned most financial functions in-house and this leader will oversee the final step of that evolution by bringing preparation of financial statements fully internal from an external partner.

Overseeing both Finance and Asset Management the CFO leads two direct reports and a broader team of approximately 1315 staff. Reporting directly to the CEO this is an opportunity for a working CFO who enjoys operating at both a strategic and hands-on level - someone who can assess what exists elevate what is needed remain closely involved in the ongoing management of financial operations and help position AID for its next chapter of stability accountability and growth.

Key Responsibilities Include:
Financial Stewardship Risk & Compliance
Oversee the overall financial health of the organization ensuring timely accurate financial statements and reporting for the Board CEO and leadership team.
Direct all cash management investment policies financing options for large capital expenditures insurance renewals risk management and regulatory and audit compliance.
Provide financial oversight for affordable housing developments including HUD multifamily projects (e.g. 811) IHDA programs and other state and federal funding resources.

Budgeting Funding & Financial Planning
Lead the organization-wide annual budgeting process from development through Board approval in partnership with program and operations leaders to align financial resources with service delivery.
Oversee tracking allocation and reporting of government contracts and grants ensuring proper cost allocation and adherence to funding requirements.
Monitor cash flow reimbursement cycles and funding timelines to ensure operational continuity across programs.

Asset Management & Capital Oversight
Oversee and actively manage financial planning related to facilities renovations property management and long-term capital improvements across multiple sites.
Evaluate funding strategies and financial feasibility for major asset purchases capital projects and infrastructure investments.
Work closely with program and operations leaders to support financial decision-making related to staffing purchasing and program execution.

Finance Team Leadership & Systems Infrastructure
Assess and design the optimal finance team structure personally leading hiring role design and transition planning to support a high-performing internal function.
Ensure effective adoption optimization and team-wide utilization of the recently implemented Sage Intacct accounting system to strengthen reporting accuracy and workflows.
Strengthen financial systems workflows and cross-departmental collaboration to improve transparency and organizational understanding of budgets and reporting.

Leadership & Competency Expectations
The ideal candidate will be outcomes oriented and have a deep commitment to AIDs mission and take personal responsibility for delivering strong financial stewardship in service of that mission.While its understood that no single candidate will bring every single competency strong candidates will offer the following skills characteristics and experiences:Finance Team Architect & Builder
The ideal candidate brings the ability to thoughtfully design and structure a high-performing finance function for a growing evolving organization. As AID has transitioned most outsourced financial work in-house and expanded its internal team this leader will assess what the ideal finance org structure should look like and put it into place - hiring where needed leveraging temporary support during transitions and ensuring the right roles responsibilities and workflows exist to produce timely accurate financial statements and strong operational execution.

Strategic Thought Partner & Organizational Leader
The ideal candidate will serve as a true strategic partner to the CEO and leadership team - someone who brings a broader organizational lens and a willingness to take shared ownership for the direction of AID. The CEO is seeking a strong confident voice at the table who can help carry the weight of big decisions offer thoughtful analysis and contribute meaningfully to discussions around capital projects funding strategies program expansion and long-term sustainability. This leader will complement a decisive action-oriented CEO by bringing a careful multi-angle perspective to help shape decisions.

Collaborative & Approachable Executive
Given the realities of government funding and shifting priorities this leader brings steadiness adaptability and a methodical approach to their work. They thoughtfully engage with financial requests from other departments - taking the time to understand needs ask the right questions and educate others on financial considerations rather than simply approving or denying requests. With the ability to translate complex financial information into clear accessible language they ensure that non-financial leaders and staff can engage meaningfully in budgeting and reporting conversations.

Location Compensation and Benefits

This position is an on-site role based in Elgin Illinois. Our Executive team works from our multiple office locations throughout our current area of impact to support our community engagement networking and fundraising events. Upon completion of your onboarding period you will have the option of a more flexible schedule with some possibility for remote working.

Compensation for this role ranges from $150000$175000 commensurate with experience and qualifications. AID offers a comprehensive benefits package including medical dental and vision coverage a retirement plan with employer contributions life insurance short- and long-term disability coverage and a competitive paid time off policy.

How to Apply
To express your interest in this opportunity please submit your resume and cover letter via the Maneva website. inquiries and discussions will be handled with the utmost confidentiality. We are actively recruiting for this position and applications will be reviewed on a rolling basis until the search is concluded.
We look forward to connecting with you!

About Maneva Group
Maneva Group is a leading woman and minority owned executive search firm dedicated to connecting exceptional talent with organizations committed to making a meaningful impact. Through a consultative and client-focused approach Maneva Group partners with mission-driven organizations to build transformative leadership teams.
Our name Maneva comes from the combination of two Sanskrit words: Mānav meaning mankind & Sevā meaning service. We are driven by the ideal of our name - service to humanity.