The IMAN Finance Internship offers:

Visibility & Networking: Interns will be exposed to a rich network of colleagues, leaders, mentors, and other experienced professionals.  In addition, the internship will provide multiple opportunities for increased visibility in Chicago’s nonprofit community.

Skills Development: Interns will engage in intensive skill-building projects designed to fast track their functional understanding of board management, finance and administration, fundraising, grants management, and change management.  It will also provide the opportunity to research, evaluate and recommend best practices to improve IMAN’s financial services.  The Intern will be assigned to a primary area of focus as well as broad areas of exposure to 3-4 organizational departments.

Finance Director Modeling: Interns will have the opportunity to have candid conversations with the Finance Director, as well as participate in meetings and collaboration sessions with key stakeholders and area leaders.

Advising & Peer Coaching: The Interns will receive formal advice and support during each month of the program.  Peer coaching sessions with other organization interns will also be facilitated to help participants achieve personal leadership goals though various assignments.  Targeted training and development opportunities will be available.

Stretch Assignment: The capstone of the Internship is a personal stretch assignment that allows Interns to customize and pursue a specific learning goal.  For example, an Intern may take on a fundraising project to gain development experience, or improve the efficiency of a particular programmatic area through performance management tracking and analysis.  Stretch assignments are to be completed by the end of the program with a formalized presentation to the Staff and/or Directors.  A formal proposal with an attached timeline is due by the end of the 2nd month of the internship.

I.     Primary Focus Area:  Financial Management

A.     Formally assume Financial Manager role, delegating to others when appropriate

a.    Manage payables and receivables
b.    Reconcile account balances
c.    Prepare and maintain budgets

B.    Develop Financial Office Policies and Procedures
C.    Point person for basic financial requests and deliverables
D.    Managing conversion to new accounting and fundraising platforms

II.     Cross Organizational Exposure Fellowship Requirements
Health Clinic

A.    Support Health Clinic director in establishing medical billing systems
B.    Liaise with consultants and new hires accountable for forwarding the FQHC process

Budgeting

A.    Develop models and templates to support Directors in establishing program plans and relevant reports related to tracking, maintaining and updating budgets

III.    Stretch Project

A.     A formal proposal with an attached timeline is due by the end of the 2nd month of the fellowship.

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