ICI Seeks Chief Financial Officer


Independent Colleges of Indiana, Inc. seeks applications from motivated accountants interested in using their skills to help further the work of Indiana’s private, nonprofit colleges and universities.  As one of America’s premier consortia of private, nonprofit colleges and universities, ICI supports its 29 member institutions through a comprehensive array of professional services including: public policy advocacy; media and public relations; research; collaborative partnerships; and resource enhancement. ICI acts state-wide from offices located in downtown Indianapolis. Employees enjoy some workplace flexibility but most of the CFO’s time will be spent in the office.

The successful applicant will manage and monitor investment assets, accounts payable, accounts receivable, payroll, retirement, and all other routine banking entries and reconciliations. The CFO will also manage disbursements for the Lilly Endowment Community Scholarship Program fund as well as other scholarships and grants administered by ICI. The ideal candidate will be capable of managing a $90M balance sheet, including a variety of funds, supporting several different grants and programs. Also, the candidate should have experience in preparing documents for external auditors in support for the annual audit and Form 990. Experience in budget preparation and presentation is necessary. The CFO will manage all aspects of the accounting function at ICI, from entering journal entries and writing checks, to strategic vision regarding the existing budget and the financial management of emerging member opportunities and projects. This compilation of skills will allow the staff member to gain hands-on knowledge of the organization in order to help guide decision making from a financial perspective.

Strategic management of time, resources and tasks will be necessary to be successful in this role. Attention to detail must be a top priority, not only in financial record keeping, but also in written communication and attention to due dates and deadlines. The Chief Financial Officer must be driven and intrinsically motivated to independently complete work, meeting organizational, state, and federal deadlines. This person must be exceedingly well-organized, flexible and enjoy the challenges of working on a variety of projects simultaneously. A high level of professionalism and confidentiality is crucial to this role.


  • Bachelor’s degree in accounting or business with accounting emphasis.
  • Working knowledge of finance law and regulatory standards (GAAP).
  • Ability to prepare, review, and summarize financial reports and accounting records; prepare background documents and present pertinent information to the president, board of directors, committee members, or other staff members.
  • Ability to manage the accumulation and consolidation of all financial data necessary for an accurate accounting of consolidated business results while providing strong attention to detail and the ability to regularly conduct advance planning to accomplish all necessary tasks.
  • Ability to prioritize and manage multiple projects simultaneously and follow through on issues in a timely manner.
  • Minimum of 5 years accounting experience.


  • Experience in non-profit accounting, including management of restricted funds, investment fund accounting, and use of non-profit accounting software.
  • Comfort in using Sage MIP Fund Accounting or similar software.
  • Bachelor’s degree from an ICI member institution is especially appealing.
  • Active CPA license.


Please email a letter of interest that details the nexus between your qualifications and the position announcement, resume and a list of at least four references (references will not be contacted without your prior approval) to Kelly Smith, executive assistant and search chair, at ksmith@icindiana.org.

Incomplete applications will not be considered. Review of materials will begin immediately and continue until the position is filled.