Assoc VC-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.

Reporting to the CCC Chief Financial Officer and the CCCF President, the Associate Vice Chancellor of Finance and Operations CCC Foundation (CCCF) serves as CCCFs senior financial and operational leader, providing strategic oversight of financial resources, fundraising portfolios, and business operations in support of philanthropic and institutional priorities. The AVC
manages the Foundations business operations relating to the strategic financial management and accounting of the Foundations 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; participates in the strategic planning for the allocation and spending of funds; and oversees portfolio-level financial planning and budget management for large-scale, multi-year fundraising priorities and campaigns.

Performs related duties as required.

The position works closely with the AVC of Development & Major Gifts and the CCCF Board of Directors.

Develops the Foundations annual income and expense budget in coordination with the CCC Chief Financial Officer, CCCF Board, and President.

Performs financial analysis of CCCFs revenues, expenditures, and financial performance. Prepares and presents financial reports to Foundation President and Board to support strategic decision-making on CCCF finances and planned expenditures.

Leads budget planning processes, including the development and oversight of multiyear program budgets, and provide data driven analysis to support informed leadership decisions regarding fundraising activities, program budgets, and timely donor financial reporting.

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 administered in accordance with donor intent and grant agreements. Works closely with Principal Investigators (PIs) and other stakeholders to develop operating budgets, monitor expenditures, and prepare financial reports.

Prepares quarterly and annual spending reports for funders on disbursement of funds.

Partners with CCC Principal Investigators (PIs) and the Foundations Development team to design, develop, and manage multiyear, multi-million-dollar programs or campaign budgets.

Collaborates with PIs and grant managers to forecast program spending, monitor fund utilization timelines, and identify potential budgetary risks affecting program implementation.

Provides regular financial analysis and strategic recommendations to Foundation leadership regarding funding gaps, remaining needs, and budget adjustments.

Tracks, synthesizes, and continuously updates…