Financial Director

4 weeks ago

Chicago, Illinois, United States City of Chicago Full time
Job Summary

The City of Chicago seeks a highly skilled and experienced Financial Director to lead the financial management and operations of the Department of Planning and Development (DPD) and the Department of Housing (DOH). The ideal candidate will have a strong background in financial management, accounting, and budgeting, with a proven track record of success in managing complex financial systems and leading high-performing teams.

Key Responsibilities
  • Plan and direct the work of professional staff engaged in managing, analyzing, and reporting on financial matters for DPD and DOH.
  • Direct the development and implementation of policies and procedures to ensure sound fiscal management and operational efficiency.
  • Direct the accounts payable and revenue management functions for both departments.
  • Oversee the development of internal accounting procedures to improve financial reporting of department receipts and expenditures.
  • Participate in annual city-wide audits, including the Tax Increment Finance (TIF) report and Single-Audit Review.
  • Direct and participate in the design and implementation of new computerized accounting systems to improve the effectiveness of financial reporting.
  • Direct the costing of proposed programs and the preparation of related reports.
  • Approve program and operational budgets and amendments for appropriateness of funding.
  • Direct the financial management and operations of Federal, State, and local grants, including cost allocation and personnel time tracking and activity reporting systems.
  • Monitor expenditures from grant, revenue, and TIF funds, ensuring spending practices are in compliance with contract provisions and government regulations.
  • Authorize spending adjustments and fund re-allocations to ensure funding availability.
  • Establish and implement internal auditing systems and financial controls to ensure the appropriate use of funding.
  • Direct and authorize the preparation of fiscal reports summarizing and forecasting the department's financial position.
  • Function as departmental liaison on financial-related issues to the Office of Budget Management, City Comptroller's Office, Department of Procurement Services, and government and delegate agencies.
  • Make staffing-related decisions, including hiring plans, work scheduling, and labor/employee relations.
Requirements

The ideal candidate will have a Bachelor's degree in Accounting, Finance, or a related field, with 15 semester hours in Accounting or Finance, and five years of professional financial management experience, including four years in a supervisory role. Alternatively, a Master's degree in Accounting, Finance, or a related field, with 15 semester hours in Accounting or Finance, and four years of professional financial management experience, including four years in a supervisory role, may be considered.

The City of Chicago is an equal employment opportunity employer and welcomes applications from diverse candidates. The selected candidate will be required to complete an interview and undergo a thorough background check.

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