Champaign, IL

Finance Jobs in Champaign, IL

2 jobs found

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30d ago

Finance Director

Farnsworth Group Champaign, IL

Champaign, IL

30d ago Closed

$175k - $215k/yr Full time Finance Director Accounting Financial Analysis

This position is no longer accepting applications (closed Sep 15, 2026).

Job Description

Farnsworth Group is seeking a senior finance leader to provide strategic financial direction and oversee end-to-end financial management, planning, analysis, and reporting. In this onsite role, you will partner closely with the CFO, executive leadership, and business unit leaders to support enterprise performance and growth initiatives, including M&A, capital planning, captive insurance modeling, real estate financial management, and enterprise-wide budgeting and forecasting.

Role overview

The Finance Director serves as a key driver of financial execution across the organization, from valuation and transaction analysis through post-close integration, treasury and cash flow modeling, and executive reporting. You will also lead FP&A and forecasting cycles, build KPI and financial dashboards, and deliver clear, decision-ready insights for leadership and the board.

Key responsibilities

Lead financial due diligence for potential acquisitions and strategic partnerships or joint ventures.
Develop and maintain financial models to assess enterprise valuations, deal structures, synergies, and ROI.
Coordinate with legal counsel and internal stakeholders throughout the transaction lifecycle.
Prepare executive-level M&A memos, deal summaries, and board presentation materials.
Support post-close integration, including financial systems consolidation and reporting alignment.
Own and manage the annual enterprise-wide budgeting process with department and business unit leaders.
Develop multi-year financial plans aligned with organizational strategy and capital allocation priorities.
Set budgeting timelines, templates, and governance processes to improve consistency and accuracy.
Monitor budget-to-actual performance, communicate variances, and recommend actions to leadership.
Lead FP&A and deliver monthly, quarterly, and annual financial reporting packages to senior and group leaders.
Create rolling forecasts and scenario analyses for strategic decision-making.
Provide analytical support for capital investments, pricing decisions, and new business opportunities.
Design KPI dashboards and financial metrics aligned to operational and strategic goals.
Perform detailed variance analyses versus budget, forecast, and prior-period results, including root cause identification and actionable recommendations.
Prepare monthly management reporting packages with executive summaries, trend analysis, and commentary.
Support department leaders in interpreting financial results and driving corrective actions.
Build and maintain dynamic cash flow models for short- and long-term liquidity needs; monitor daily cash positioning and optimize working capital.
Partner with banking relationships to manage short-term investments, marketable securities, credit facilities, shareholder distributions, and investment activity.
Partner with the Senior Controller on cash flow forecasting that integrates accounts receivable, accounts payable, and payroll cycles.
Serve as the primary financial liaison for the captive insurance program, overseeing captive financial reporting, premium allocations, loss reserve reviews, and regulatory filings.
Coordinate with captive managers, actuaries, and legal counsel on program structure, compliance, and renewals; analyze performance metrics and recommend optimization opportunities.
Manage the financial aspects of the organization’s real estate portfolio, including lease accounting under ASC 842.
Review and model the financial impact of new leases, renewals, terminations, and amendments; partner with facilities and operations on real estate strategy and occupancy cost analysis.
Develop and manage the annual capital expenditure (CapEx) budget and maintain a CapEx approval framework for justification, prioritization, and authorizations.
Build and maintain CapEx models to evaluate ROI, payback periods, and NPV; track CapEx spending against approved budgets and report variances.
Support long-range planning cycles for equipment replacement, fleet vehicles, and office upgrades.
Draft and review financial memos and board materials, translating complex financial data into clear executive narratives.
Prepare investment committee materials and strategic analysis documents as needed.

Requirements

Bachelor’s degree in finance, accounting, economics, or a business-related field required; MBA acceptable as an alternative.
Minimum of 10 years of progressive finance experience, including 3 to 5 years in a senior finance leadership role.
Demonstrated experience leading M&A financial due diligence and integration efforts.
Proven track record managing FP&A, budgeting, and cash flow modeling for a mid-size organization ($100M to $500M in annual sales).
Experience with captive insurance program preferred.
Familiarity with commercial real estate leases.
3 to 5 years of Treasury and Portfolio management experience.
Advanced proficiency in Microsoft Excel, including complex financial modeling and data analysis.
ERP systems experience, such as Deltek Vantagepoint, Oracle, SAP, NetSuite, Infor, or MS Dynamics.
Proficiency in Microsoft 365, including Word, PowerPoint, and SharePoint.
Experience with business intelligence and data visualization tools is a plus.

Technologies

Microsoft Excel
ERP systems (e.g., Deltek Vantagepoint, Oracle, SAP, NetSuite, Infor, MS Dynamics)
Microsoft 365 (Word, PowerPoint, SharePoint)

Benefits

401(k) with 100% Company Match up to 5%
Medical/Dental/Vision Insurance Plans
Flexible Spending and Health Savings Accounts
Short & Long-Term Disability
Maternity and Paternity Leave
Professional Development and Training
Mentoring Program
Paid Time Off
Wellness/Fitness Reimbursements
Pet Insurance Plan
Hybrid Work Program

Location

Champaign, IL (onsite)

Compensation

USD 175,000 - 215,000 per year
Salary to be determined by education, experience, knowledge, skills, abilities, and internal and external equity

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2mo ago

Director of Insurance Finance

First Mid Champaign, IL

Champaign, IL

2mo ago Closed

$97k - $138k/yr Full time Finance Director Applied Epic Budget Management

This position is no longer accepting applications (closed Aug 15, 2026).

Job Description

The Director of Insurance Finance at First Mid leads the agency's financial strategy, planning, reporting, and operational finance functions from an onsite leadership role in Champaign, Illinois. The position offers a salary range of USD 96,500 to 137,800 per year and requires a Bachelor’s degree with a minimum of three years of related experience in finance leadership.

Responsibilities

Develop and implement the agency's financial strategy aligned with organizational goals.
Report to the CEO or designee and build financial models to support business decisions and strategic initiatives.
Provide financial analysis and recommendations to back growth initiatives, investments, acquisitions, and operational improvements.
Lead long-range financial planning and scenario modeling to anticipate outcomes.
Direct the annual budgeting process and periodic forecasting activities.
Analyze agency performance, profitability, and key financial metrics; monitor variances and identify opportunities to improve financial performance.
Oversee all accounting operations, including general ledger, accounts payable, accounts receivable, payroll, and financial close processes; ensure timely and accurate financial reporting.
Maintain compliance with GAAP and applicable regulatory requirements; coordinate annual audits, tax filings, and external financial reviews.
Monitor and analyze commission revenue, contingent income, fee income, and producer compensation programs; track carrier receivables, agency bill operations, and premium trust accounts as applicable.
Evaluate profitability by department, producer, line of business, and office location.
Develop and maintain agency performance dashboards and key operating metrics; establish internal controls and financial safeguards.
Lead, mentor, and develop accounting and finance personnel; establish performance objectives and foster accountability and continuous improvement.
Foster collaboration across departments and offices; ensure compliance with financial, tax, licensing, and regulatory requirements.
Develop and maintain internal controls and financial policies; support enterprise risk management initiatives and business continuity planning.
Identify opportunities to enhance financial systems, reporting capabilities, and operational efficiencies; lead implementation and optimization of accounting and agency management systems.
Promote data-driven decision making across the organization.
Participate in acquisition evaluations, due diligence, valuation analyses, and integration activities.

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, or a related field is required.
Professional designation such as CPA, CMA, MBA, or equivalent is preferred.
Seven or more years of progressive finance and accounting leadership experience.
Three or more years in a senior financial leadership role.
Experience within the insurance industry, an insurance agency or brokerage, or financial services environment is strongly preferred.
Proven experience with budgeting, forecasting, financial modeling, and strategic planning.
Experience managing audits, tax compliance, and financial reporting.

Technologies

Microsoft Excel
Applied Epic
Vertafore AMS360

Benefits

Competitive health, dental, and vision coverage with HSA match
401(k) with employer match plus Employee Stock Purchase Plan
Generous PTO, paid holidays, and parental leave
Tuition reimbursement and performance-based bonuses
Visit our Total Rewards page to see our full list of benefits

Position Summary

The Director of Insurance Finance leads the agency's financial strategy, planning, reporting, and operational finance functions. This role provides executive leadership in budgeting, forecasting, cash flow management, financial analysis, and accounting oversight, informing strategic decisions. The position partners with agency leadership to drive profitable growth, improve operational efficiency, ensure regulatory compliance, and support mergers.

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Finance Jobs in Champaign, IL

Finance Director

Director of Insurance Finance

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