Under the supervision of the Director of Finance, ensures that contract and subcontract
budgets reflect the actual cost of operations and the fiscal guidelines established by each funder and by Illinois Action for Children; tracks and analyzes expenditures for contracts and sub-contracts in relation to budgets; and oversees fiscal reporting by IAFC to funders, and by sub-contractors to IAFC.
Specific responsibilities include:
- Develops and maintains expertise on the fiscal requirements of each outside
funding source, including allowable costs, basis for reimbursement, documentation
requirements, cash flow plans, and reporting requirements.
categories and IL Action for Children categories. Creates budgets and oversees the expenditure reporting system for sub-contractors and service contractors. Ensures that Illinois Action for Children staff are monitoring expenses properly and that contract requirements are being met. Trains IAFC program staff and sub-contractors on financial reporting and recordkeeping
requirements. Develops manuals, forms and procedures for their use in
reporting program expenditures. Reviews site financial systems for compliance with
- Creates, revises, manages and receives approvals for budgets for each contract
and grant in the format required by the funding source, and prepares financial
reports as required by each funder. Creates a crosswalk between funders