Chief Financial Officer

Lauterbach & Amen•Lombard, IL

18d

About The Position

The Chief Financial Officer (“CFO”) is responsible for the execution of all fiscal, financial, and audit functions of the agency. The CFO is also available to advise and assist the ED and other senior staff in matters related to account and auditing related matters pertaining to portfolio compliance, internal investment operations and administration. Subject to administrative approval of the Executive Director, the CFO is responsible for development and implementation of all investment financial controls, regulations and total management of investment accounting and financial functions for the agency.

Requirements

Bachelor’s degree in accounting or related field.
Minimum of six years professional experience in developing policy in financial matters and/or directing a complex investment accounting system, experience in investment, public or private accounting, auditing or financial field.
Strong written and oral communication skills.
Knowledge of computer networks and various applications such as Microsoft Office 365.
Knowledge of investment policy matters and proven ability to communicate effectively.

Nice To Haves

CPA or applicable advanced degree preferred.

Responsibilities

Act as senior advisor to the ED and the Board regarding portfolio administration.
Serve as senior policy formulating administrator in planning, directing, implementing and administering all aspects of financial accounting and auditing administration for FPIF.
Serve as an expert authority in collaboration with the ED in the planning and development of all aspects of investment accounting administration.
Responsible for the direction, implementation and on-going administration of investment portfolio accounting and auditing policies, procedures and guidelines.
Monitor the verification FPIF investment managers’ compliance with financial reporting mandates and conformity with FPIF financial reporting requirements to ensure that the valuation of the investment portfolio is performed in accordance with Generally Accepted Accounting Principles (GAAP).
Responsible for staffing the Audit Committee meetings and coordinating the participation of relevant staff.
Supervise the preparation of all Audit Committee materials and agendas to be submitted at meetings.
Participate in the development and implementation of policies and control procedures to provide full accountability over all assets and internal administrative and operations.
Serve as a point of contact regarding the status of initiatives and strategic goals on investment financial issues with the Custodian Bank, external auditors, internal audit firm, and various investment and government entities to respond to inquiries and provide substantiations regarding submitted financial information requests.
Oversee preparation of budget submitted on an annual basis including requests for supplemental information.
Responsible for oversight of financial management, coordination of custodian bank accounting reporting and monitors these components performance to ensure policy and procedure development is consistent with Agency objectives.
Advise the ED and the COO regarding technology needs and goals for FPIF.
Other duties as required or assigned.