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Part Time Cfo Jobs in Illinois (NOW HIRING)

Center Director

Jacksonville, IL · On-site

$46K - $63K/yr

... part-time, between 18-28 hours to fulfill the role. Reports To: Chief Operating Officer (COO) ... Manage the annual expense budget and monthly reports from the CFO; communicate with your team.

Center Director

Jacksonville, IL · On-site

$24 - $28/hr

... part-time, between 18-28 hours to fulfill the role. Reports To: Chief Operating Officer (COO) ... Manage the annual expense budget and monthly reports from the CFO; communicate with your team.

... part-time status: Access to health, dental and vision benefits 401k retirement plan with company ... Financial Management Assist in the preparation and management of annual operating and capital ...

... part-time status: * Access to health, dental and vision benefits * 401k retirement plan with ... Financial Management * Assist in the preparation and management of annual operating and capital ...

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Showing results 1-20

Part Time Cfo information

See Illinois salary details

$50.4K

$253.4K

$387.6K

How much do part time cfo jobs pay per year?

As of Sep 1, 2026, the average yearly pay for part time cfo in Illinois is $253,432.00, according to ZipRecruiter salary data. Most workers in this role earn between $136,600.00 and $387,600.00 per year, depending on experience, location, and employer.

What is a part-time CFO?

Part-time CFOs, also known as fractional CFOs, are experienced financial executives who work with organizations on a part-time or contract basis. They provide strategic financial leadership, manage cash flow, oversee budgeting and forecasting, and support high-level decision-making—without the cost of hiring a full-time executive. This arrangement is ideal for startups, small businesses, or companies in transition that need expert financial guidance but don't require or can't afford a full-time CFO.

What does a part-time CFO do?

A part-time CFO (chief financial officer) lends their expertise to a company when needed, which is on either an hourly or contract basis. An as-needed structure is beneficial to enterprises that want to reap the benefits of a CFO’s knowledge without paying the high salaries that accompany this position. A CFO offers guidance in accounting and finances and oversees critical financial aspects of a business, like the budget and expenses, to manage cash flow, margins, key performance indicators, and the overall profit picture. Your job duties also include educating other top-level executives on how to improve the company’s financial health.

What are the key skills and qualifications needed to thrive as a part-time CFO, and why are they important?

To thrive as a Part Time CFO, you need strong financial acumen, experience in strategic planning, and a background in accounting or finance, often supported by a CPA or MBA. Familiarity with financial reporting software, ERP systems, and budgeting tools is typically required. Exceptional communication, analytical thinking, and adaptability are key soft skills that distinguish top performers. These skills ensure effective financial leadership, strategic decision-making, and adaptability to changing business needs in a part-time capacity.

How does a part-time CFO typically collaborate with existing finance teams and leadership in an organization?

A part-time CFO usually works closely with in-house finance staff and senior leadership to provide strategic financial guidance while leveraging existing resources. They often focus on high-level tasks such as financial forecasting, budgeting, and advising on major business decisions, while delegating routine accounting and bookkeeping to the internal team. Regular check-ins and clear communication help ensure everyone stays aligned on goals and deliverables. This structure allows organizations to benefit from CFO expertise without the cost of a full-time executive, and also creates opportunities for current team members to learn and grow from the CFO's mentorship.

What is the difference between Part Time Cfo vs Bookkeeper?

AspectPart Time CfoBookkeeper
CredentialsFinancial management experience, CPA or similar preferredBasic accounting skills, often no formal certification required
Work EnvironmentStrategic financial planning, high-level decision makingData entry, transaction recording, daily bookkeeping tasks
Employer & Industry UsageSmall to medium businesses, startups, non-profitsSmall businesses, retail, service industries

The main difference between a Part Time Cfo and a Bookkeeper lies in their responsibilities and expertise. A Part Time Cfo provides strategic financial guidance and high-level management, often requiring advanced credentials. In contrast, a Bookkeeper handles routine transaction recording and basic accounting tasks. Both roles are essential for business financial health but serve different functions.

What are the most commonly searched types of Cfo jobs in Illinois?

The most popular types of Cfo jobs in Illinois are:

What are popular job titles related to Part Time Cfo jobs in Illinois?

For Part Time Cfo jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Part Time Cfo jobs in Illinois look for?

The top searched job categories for Part Time Cfo jobs in Illinois are:

What cities in Illinois are hiring for Part Time Cfo jobs?

Cities in Illinois with the most Part Time Cfo job openings:

Infographic showing various Part Time Cfo job openings in Illinois as of August 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 78% Physical, 8% Hybrid, and 14% Remote job distribution, with an average salary of $253,432 per year, or $121.8 per hour.

FINANCE DIRECTOR/CHIEF FINANCIAL OFFICER (CFO)

Urbana, IL

Full-time, Part-time

Re-posted 8 days ago


Job description

The City of Urbana is seeking a strategic, collaborative, and experienced leader to serve as the next Finance Director/Chief Financial Officer (CFO). The Finance Director/CFO is the chief fiscal officer of the City. This full-time, executive management position serves as a key member of the City's executive leadership team and reports directly to the Mayor. 

The incumbent performs advanced professional work managing a wide and highly complex array of financial functions within the City's Finance Department. This position is responsible for providing strategic and administrative oversight to the City's finance and accounting functions; the development, implementation, and maintenance of internal control systems and OF financial policies and procedures; acting as a trusted advisor to the Mayor, City Council, and staff and as a liaison between City departmentS and auditors, outside financial agencies, and the public; and is responsible for ensuring compliance with applicable laws and regulations. An employee in this classification works under limited supervision and broad, general direction; exercises considerable independence; should have advanced knowledge of Government Accounting Standards; and have superior written and oral communication skills. 

Successful performance in this position requires effective and supportive leadership and management skills and the ability to foster collaboration; support staff development; and model superior internal and external customer service, ethical standards, and integrity. This position is responsible for the supervision of management, professional, and administrative support staff.  The incumbent has considerable interface with all City departments, the City Council, and other elected officials, and community stakeholders. 
 


About Urbana
The City of Urbana, IL (40,795) is located in Champaign County in east central Illinois. It is home to the University of Illinois at Urbana-Champaign, one of the preeminent research institutions in the world. Boasting a richly diverse population, a Big Ten University, two regional medical centers, and a flourishing arts and entertainment scene, Urbana offers its residents and visitors a wide range of exciting and unique urban amenities in a small, charming, and friendly package. 

Urbana was founded in 1833 and is the County Seat of Champaign County. Along with its neighboring municipalities, Urbana is part of the Urbana-Champaign MSA consisting of over 310,000 people. Urbana is known for its beautiful neighborhoods, excellent educational opportunities, high quality of life, recreational amenities, and responsive local government. It is a hub for shopping, dining, and recreation in east central Illinois. The community is also home to world-class healthcare provided by two major medical centers: Carle Foundation Hospital and OSF Medical Center. Major regional employers include the University of Illinois and several Fortune 500 companies such as Kraft/HeinzFedEx, State Farm Insurance, Caterpillar, John Deere, Yahoo!, and Intel.


Urbana also enjoys a beautiful array of historic commercial and residential buildings whose history and architecture illustrate the evolution of the community. Urbana residents and visitors also enjoy a vibrant and eclectic downtown, home to the popular Urbana Market at the Square and a variety of local businesses and venues; a host of parks and recreation resources maintained and supported by the Urbana Park District; and the historic Urbana Free Library, which houses the Champaign County Historical Archives.
 



Urbana Municipal Government
The City of Urbana is governed by Mayor DeShawn B. Williams and a seven-member City Council, each elected by wards to four-year overlapping terms. The Mayor is elected at-large to a four-year term. The Mayor is a full-time position and functions as the City's Chief Executive Officer. With the advice and consent of the Urbana City Council, the Mayor appoints (among other appointees) the City Administrator and the department directors, including the Finance Director/CFO, while the City Administrator oversees the day-to-day functions of each operating department.




The City has an annual budget of $93 million and employs 290 full- and part-time employees. The municipality provides a full complement of services to the residents via the following operating departments: Police, Fire, Public Works, Community Development, Finance, and an Executive Department that houses City Administration, Human Resources, Legal, Human Rights & Equity, and Information Technology.



Finance Department
The Finance Department has 15 employees and a general fund budget of $2.2 million, The department is comprised of three divisions: Administration; Administrative Services, which houses the Customer Service and Parking Enforcement sections; and Financial Services, which is responsible for the accounts payable and receivable, payroll, and accounting functions. 




The Finance Director/CFO is a member of the City's executive management team and functions under the general direction of the Mayor. The major responsibilities of the position include the following:

  • Advises the Mayor, City Council, and staff regarding sound financial practices and policies, financial planning, and funding strategies.
  • Directs and manages activities related to the City's budget, financial and accounting reporting systems, and audits.
  • Develops the annual budget format, coordinates the budget process, and prepares the budget document; reviews all proposed budget amendments and ordinances.
  • Manages the development and implementation of departmental operating procedures; approves updates and changes to departmental procedures.
  • Reviews key financial operations and activities at regular intervals to ensure standard operating procedures are followed and performance standards are met; recommends and/or implements changes to same.
  • Manages investment of City funds including maintaining, updating, and ensuring compliance with investment policy.
  • Provides long-range City financial forecast to establish future revenue needs and updates annually. Recommends strategies for revenue increases or budget reductions, based on the forecast.
  • Reviews and approves purchases (approves all purchases above $10,000) and budget transfers pursuant to availability of funds, City Code requirements, and policies; provides guidance to City departments related to the City's decentralized procurement processes.
  • Develops and ensures compliance with policies related to all City financial and purchasing functions.
  • Attends City Council and other meetings as required and prepares items for Council action.
  • Develops systems to monitor the fiscal status of all City functions, prepares reports, and regularly reviews and advises the Mayor on fiscal condition, changes, and trends.
  • Manages and monitors financial matters related to  risk management,  and coordinates with Legal and Human Resources Divisions on worker's compensation and/or liability claims, as needed. Directs procurement of insurance products.
  • Reviews and approves long-range financial plans for automation of financial processes; oversees the implementation of financial technologies including but not limited to those related to financial reporting, customer service, and revenue collection.
  • Maintains effective relationships with other City departments and governmental officials, community leaders, citizens, news media representatives, etc.

Required and Desirable Qualifications
The City welcomes applicants with any combination of education and experience that will provide the required knowledge and abilities to perform the duties of the Finance Director/CFO as outlined above. Applicants are generally expected to have a bachelor's degree in accounting, finance,  or some other closely related field. A master's degree in finance, accounting, business administration, public administration, or another relevant field is desirable but not required. Applicants should also have at least ten (10) years of progressive executive experience in governmental budgeting and financial planning and management, including preparation of governmental annual comprehensive financial reports (ACFR) and extensive experience in all aspects of accounting, general ledger control, financial reporting, debt issuance, investments, banking, accounts payable and revenue billing, and collection., with at least five (5) years at a supervisory level.


 

The City considers the following skills, abilities, knowledge, and commitments to be essential for the successful candidate:

  • Ability to plan, organize, analyze, and direct the comprehensive financial programs of a municipal finance department and communicate complex information effectively regarding the City's finances and financial programs to a wide variety of audiences
  • Ability to formulate and implement finance and accounting policies, methods and procedures and ensure that these comply with federal, state, and local law
  • Committed to responsible fiscal stewardship
  • Ability to provide supportive and collaborative leadership to department staff and among City staff and foster cross-departmental communication, teamwork, and education related to the City's financial programs and processes
  • Committed to staff development and involvement, with an intentional focus on developing future leaders for the department and the City
  • Exceptional aptitude to anticipate and solve problems, identify alternative courses of action, and to prepare, present, and defend proactive recommendations
  • Commitment to responsive and dedicated customer service
  • Excellent communication skills, including listening actively, presenting effectively, and creating documents and reports that are clear and concise
  • Thorough knowledge of principles, practices, and procedures of modern municipal financial management, including municipal budgeting, government fund accounting, financial forecasting, financial controls, audits, and financial planning
  • Thorough knowledge of controlling laws, regulations, and rules governing financial management
  • Thorough knowledge of principles and practices of public procurement.
  • Thorough knowledge of financial systems and technologies
  • Knowledge of risk management, including claims management, insurance, and liability


Compensation and How to Apply
The full annual salary range for this position is $133,233.20 to $219,834.78. The starting annual salary (hiring range) for the position is $133.233.20 to $176,533.99 DOQ/E, with the opportunity to move through the full pay range based on performance. The City of Urbana provides its employees with a highly competitive package of fringe benefits. Relocation assistance may be negotiated with the successful candidate. 

To apply, submit a resume, cover letter, and contact information for five professional references to Jobs@UrbanaIL.gov; please type "Finance Director/CFO" in the subject line. The position will remain open until filled. Inquiries may be directed to Femi Fletcher, Human Resources Manager, at (217) 384-2451.
 

The City of Urbana Welcomes Diversity!
We foster an environment that values and encourages mutual respect, inclusion of all people, and utilizing differences and similarities as an organizational asset.  EOE.