Chief Financial Officer - BAI : Job Details

Chief Financial Officer

BAI

Job Location : all cities,IL, USA

Posted on : 2024-12-01T00:14:20Z

Job Description :
Chief Financial OfficerChicago, ILReports to: President & Chief Executive Officer

BAI and RMA have come together as ProSight Financial Association, a $60M leading industry organization whose purpose is to empower financial services leaders to strengthen and advance the industry. The strategic combination of two influential non-profit organizations brings together BAI's expertise in serving the retail banking and regulatory compliance functions and RMA's experience in serving the commercial banking and risk management functions. Our industry-leading offerings include: research & comparative analytics, decision support tools, learning and development, thought leadership, large industry events and executive peer sharing roundtables and forums.

We are seeking a Chief Financial Officer to be a key member of the ProSight senior leadership team and a strategic partner to the CEO, business leaders and the ProSight Board of Directors. This position collaborates with all areas of the organization and contributes significantly to developing and executing ProSight's strategic growth priorities. The Chicago-based CFO reports directly to the CEO and serves as the staff lead for the finance and audit committees of the Board of Directors. As a member of the senior leadership team, the CFO will serve as an executive role model to ProSight's 225+ employees.

What You'll Do:
  • Play an influential role in strategic and operational planning, collaborating closely with business leaders and providing information and insights to help shape business strategy.
  • Oversee and direct all areas of finance including accounting, financial planning, treasury, audit, tax, investments, financial systems and risk management. Ensure proper accounting and financial reporting activities and controls are established and performed on a consistent basis to provide timely and accurate financial information.
  • Direct the investment activities with the Board Finance Committee and ProSight's investment advisor and serve as custodian of all funds, securities and assets.
  • Communicate directly with the ProSight Board of Directors and key Board committee members as the primary source of all financial presentations and reports summarizing the organization's financial position, results and plans.
  • Working closely with the Business Operations and IT teams, direct the systems development, implementation, execution and maintenance of technology systems relating to accounting, finance and business reporting functions.
  • Develop reports and tools to measure, predict and communicate the organization's expected and actual financial performance.
  • Lead and mentor the finance and accounting team, fostering an engaged, collaborative and high-performance culture within the department that places a high value on collaboration with business leaders.
  • What We're Looking For:
  • 15+ years of progressive management and leadership experience in the financial function of growth-oriented businesses.
  • Experience as a CFO in a small to mid-sized professional services or non-profit environment preferred.
  • Ability to work collaboratively across all areas of the organization. Excels at building strong working relationships with business leaders and at all levels in the organization.
  • Ability to lead strategically and manage tactical execution to achieve company and individual goals.
  • Effectively sets priorities, meets deadlines and manages multiple projects in a fast-paced changing environment.
  • Displays a proactive and forward-looking mindset.
  • Has a history of successfully managing and motivating teams, setting objectives and holding team members accountable.
  • Bachelor's degree required, MBA preferred.
  • Ability to travel approximately 5-10% of the time.
  • Work Location:

    This is a hybrid role in our downtown Chicago office where you will work both in the office and remote/work from home.

    To learn more about our company please visit www.prosightfa.org, www.bai.org, and www.rmahq.org.

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