Financial Analyst
4 weeks ago
Position Title: Financial Analyst
Department: Asset Management
Join our Team At IHDA we strive to create and maintain a work environment that promotes diversity, recognition and inclusion. IHDA is committed to hiring and investing in individuals of diverse talents and backgrounds to ensure a range of perspectives and experiences inform and guide our work of financing affordable housing in the state of Illinois.
Who we are: The Illinois Housing Development Authority (IHDA) is one of the Nation’s preeminent Housing Finance Agencies and one of the State’s ten largest financial institutions. Our mission is to finance the creation and preservation of affordable housing across the state. IHDA oversees more than 20 federal and state programs on behalf of the state of Illinois and serves as one of the state’s primary resources for housing policy and program administration. For over 50 years, IHDA has led the state in financing and supporting affordable housing.
Summary: Under the direction of the Manager – Portfolio Analysis, this position is housed within the Asset Management department, which monitors long-term physical, financial, operational, and administrative compliance for IHDA-assisted developments. This particular position is housed within the following group:
Portfolio Analysis: Ensures financial viability of properties through financial analysis, insurance and reserves administration, and loan servicing. Proactively identifies and responds to portfolio risks through an array of intervening measures including restructuring of ownership, management, and/or financing.
Essential Functions:
Implements proactive strategies to resolve properties’ financial condition compliance issues.
Informally paired with a compliance group for each project inclusive of an Asset Manager, Compliance Analyst, and Physical Inspector.
Collects and contributes data to determine annual financial rating.
Conducts financial monitoring reviews of assigned portfolio of projects based on prescribed timeframes (to assess and facilitate compliance with applicable Federal, State, local rules and standards).
Prepares and maintains all financial compliance documentation (including compliance monitoring findings, responses, resolutions, reports) in hard copy or electronic form as required.
Proactively communicates with the property owner, manager, agent regarding financial issues, compliance requirements, options and deadlines for resolution.
Proactively follows up on previously noted financial compliance deficiencies to ensure proper and timely resolution.
Reviews audits, financial statements, operating budgets, and other financial documents to verify compliance.
Performs simple and complex financial calculations based on owner/agent submissions as well as internal data to assess financial feasibility/viability and ensure compliance.
Intakes and tracks annual compliance submissions, review packages for completeness, follow-up regarding incomplete or error-filled submissions, and process.
Reviews, approves, and processes reserve withdrawal requests.
Analyzes escrow deposits.
Analyzes debt service coverage ratios.
Performs client interface related to debt service payments, resolution of delinquent accounts, and financial reporting requirements.
Appropriately refers troubled properties to the Portfolio Risk Management group.
Participates in pre-closing, closing, pre-occupancy, and post-closing discussions and meetings as appropriate.
Performs other duties and handles other special projects/initiatives as assigned.
Participates in regular loan monitoring, watchlist, delinquency meetings as appropriate.
Education and Experience Requirements:
Bachelor’s degree required. Experience may be substituted for education at the discretion of the Asset Management department.
At least 2 years’ experience conducting financial analysis or fiscal monitoring for multifamily rental housing developments required. Experience with affordable housing preferred.
Proficiency in Generally Accepted Accounting Principles (GAAP) and audit protocols desired.
Thorough knowledge of the following funding sources/programs desired: LIHTC, HOME, Section 8, Risk Share, Tax Exempt Bonds, and Illinois Affordable Housing Trust Fund.
Proficiency in Microsoft Office Suite required.
Financial, financial compliance, risk management training required (completed within one year or earliest available date, whichever is later).
CFS certification desired (achieved within one year or earliest available date, whichever is later).
Valid Driver’s License: Not required.
Access to Personal Vehicle: Not required.
Frequency of Travel: Not required.
What We Offer:
Paid time off, plus paid holidays
Currently in a hybrid work arrangement, but candidates must reside in Illinois at time of hire.
Medical/dental/vision/life insurance plans
Short/long term disability
Tuition reimbursement
Flex spending
401K plan – immediate vesting
IHDA employees may be eligible for federal loan forgiveness programs.
Must be a resident of Illinois or willing to relocate. Flexible scheduling is available, upon completion of a six-month probationary period.
EOE
#J-18808-Ljbffr
-
Financial Analyst
7 days ago
Chicago, United States Creative Financial Staffing Full timeFINANCIAL ANALYST Well-respected manufacturing company is seeking a Financial Analyst. This organization has gone through explosive growth over the last few years, mainly due to acquisition, which has lead to the creation of this newly created role. Why Work for the Company/Take the Financial Analyst role: They offer a dynamic, entrepreneurial company...
-
Senior Financial Analyst
5 days ago
Chicago, United States Creative Financial Staffing Full timeSENIOR FINANCIAL ANALYST - Why take a Senior Financial Analyst position with this company? Company has grown tremendously over the last year organically and through merger and acquisitions. Career path for this person is to move into a Manager role down the line Hybrid and flexible schedule Full benefits to include healthcare, 401k w/match, unlimited PTO (as...
-
Senior Financial Analyst
4 weeks ago
Chicago, United States Creative Financial Staffing Full timeSENIOR FINANCIAL ANALYST - Why take a Senior Financial Analyst position with this company? Company has grown tremendously over the last year organically and through merger and acquisitions. Career path for this person is to move into a Manager role down the line Hybrid and flexible schedule Full benefits to include healthcare, 401k w/match, unlimited PTO...
-
Senior Financial Analyst
1 week ago
Chicago, United States Creative Financial Staffing Full timeWell-respected global company is seeking a Senior Financial Analyst. This organization has gone through explosive growth over the last few years, mainly due to acquisition, which has lead to the creation of this newly created role. Why Work for the Company/Take the Senior Financial Analyst Role: Great leadership Fast growing company- lots of opportunity to...
-
Valuation Reporting Analyst
4 weeks ago
Chicago, United States Valuation Reporting Analyst Full timeSeeking a Valuations Systems Platform Analyst/Administrator for a direct hire opportunity in Chicago. Based in Chicago, Illinois, the Valuation Reporting Analyst will serve as a key member of our Client’s Global Business Enablement team, with the primary role of supporting the technology underlying their proprietary valuation model. The Valuation Reporting...
-
Senior Financial Analyst
2 weeks ago
Chicago, United States IFG International Financial Group Ltd Full timeIFG's client has a Senior Financial Analyst opening due to growth. This exciting and high exposure role will oversee the FP&A responsibilities for a new acquisition. Better still, in 18-24 months there will be opportunities for advancement for a top performer. In this role you will dig into Revenue, SG&A, EBITDA & the Balance Sheet while supporting monthly...
-
Financial Analyst
19 hours ago
Chicago, United States Motorola Solutions Full timeThis position is for a financial credit analyst supporting credit processes within North America Services. The role will partner with various MSI groups as well as customers to support order release and project reconciliations, billing, and timely ca Financial Analyst, Financial, Credit Analyst, Accounting, Banking, Analyst, Manufacturing
-
Financial Analysis
5 days ago
Chicago, United States Creative Financial Staffing Full timeFINANCIAL ANALYST About Our Company: Are you ready to be a part of a dynamic and rapidly growing tech company located in the heart of downtown? Our company specializes in cutting-edge technology solutions that are transforming industries and changing the way we live and work. We are passionate about innovation and are committed to staying at the forefront of...
-
Financial Analyst
1 week ago
Chicago, United States Cushman & Wakefield Full timeResponsible to conduct financial analysis on lease and purchase transactions (office and industrial properties) and assist with client facing documentation. The selected candidate will support a team of 7 brokerage professionals providing corporate r Financial Analyst, Financial, Analyst, Property Management, Banking, Real Estate
-
Financial Analyst
7 days ago
Chicago, United States The NuHire Group Full timeAbout Us Wabash Marketplace (marketplace.onewabash.com) is a groundbreaking joint venture between Wabash and Fernweh Group LLC and presents an exciting opportunity for talented professionals to pioneer digital innovation in the logistics and transportation sectors. This strategic collaboration is dedicated to creating new capabilities that cater to all...
-
Financial Analyst
7 days ago
Chicago, United States Connect Search Full timeFinancial Analyst Responsibilities: Manage full P&L analysis, including revenue forecasting, expense tracking, and variance analysis Develop and maintain complex financial models to support budgeting, forecasting, and decision-making processes Collaborate with cross-functional teams to gather financial data, identify trends, and provide actionable...
-
Financial Analyst
1 month ago
Chicago, United States Heartland Alliance Health Full time**Title**: Financial Analyst **Shift**: 8:30AM - 5:00PM CST / M-F **Department**: Business Operations **Location**: Remote/ WFM **Heartland Alliance Health’s (HAH)** mission is to transform healthcare for the most vulnerable - particularly people experiencing homelessness, mental illness or addictions, or struggling with multiple chronic illnesses -...
-
Financial Analyst
14 hours ago
Chicago, United States Connect Search Full timeFinancial Analyst Responsibilities: Manage full P&L analysis, including revenue forecasting, expense tracking, and variance analysis Develop and maintain complex financial models to support budgeting, forecasting, and decision-making processes Collaborate with cross-functional teams to gather financial data, identify trends, and provide actionable insights...
-
Financial Analyst
2 days ago
Chicago, Illinois, United States Orion Group Full timeFinancial Analyst6-month initial contract M-F 8am-4:30pm$22/HRNorth Chicago, IL Orion Group is hiring a Financial Analyst to work onsite for our pharmaceutical client in North Chicago, IL. To be considered for this position you must take an Excel Skills Test at the end of the indeed application to show proficiency with V-lookups, Pivot Tables, and other...
-
Financial Analyst
2 weeks ago
Chicago, United States Connect Search, LLC Full timeFinancial Analyst Responsibilities:Manage full P&L analysis, including revenue forecasting, expense tracking, and variance analysisDevelop and maintain complex financial models to support budgeting, forecasting, and decision-making processesCollaborate with cross-functional teams to gather financial data, identify trends, and provide actionable...
-
Financial Analyst
2 weeks ago
Chicago, United States Connect Search, LLC Full timeFinancial Analyst Responsibilities:Manage full P&L analysis, including revenue forecasting, expense tracking, and variance analysisDevelop and maintain complex financial models to support budgeting, forecasting, and decision-making processesCollaborate with cross-functional teams to gather financial data, identify trends, and provide actionable...
-
Financial Analyst
1 week ago
Chicago, United States IDR, Inc. Full timeIDR is seeking a passionate Financial Analyst to join one of our top clients in McLean, VA! If you are looking for an opportunity to join a large organization and work within an ever-growing team-oriented culture, please apply today! Position Overview/Responsibilities For The Financial Analyst Compiles and analyzes financial information for an organization....
-
Financial Analyst
7 days ago
Chicago, United States LaSalle Network Full timeLaSalle Network has partnered with a leading global company in Rosemont, IL to hire a strong two-year Financial Analyst to handle FP&A for one of their largest business units. A successful candidate will be responsible for full P&L management, leveraging advanced Excel skills to streamline budgeting processes and ensure financial accuracy. This role offers...
-
Financial Analyst
5 days ago
Chicago, United States LaSalle Network Full timeLaSalle Network has partnered with a leading global company in Rosemont, IL to hire a strong two-year Financial Analyst to handle FP&A for one of their largest business units. A successful candidate will be responsible for full P&L management, leveraging advanced Excel skills to streamline budgeting processes and ensure financial accuracy. This role offers...
-
Financial Analyst
7 days ago
Chicago, United States LaSalle Network Full timeLaSalle Network has partnered with a leading global company in Rosemont, IL to hire a strong two-year Financial Analyst to handle FP&A for one of their largest business units. A successful candidate will be responsible for full P&L management, leveraging advanced Excel skills to streamline budgeting processes and ensure financial accuracy. This role offers...
