Controller (Chicago)

Beech Valley Solutions • Chicago, IL

3d • Onsite

About The Position

The Controller will oversee all accounting and financial reporting functions for a fraternal benefit organization operating under Illinois regulations. This role ensures financial integrity, regulatory compliance, and stewardship of member assets in alignment with the organization’s mission and values.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field (CPA strongly preferred)
• 7–10+ years of progressive accounting experience, with at least 3 years in a leadership role
• Experience with insurance, fraternal benefit societies, or regulated financial entities preferred
• Strong knowledge of statutory accounting principles (SAP) and GAAP
• Familiarity with Illinois Department of Insurance regulations and reporting requirements
• Proven ability to manage audits, financial statements, and internal controls
• Experience overseeing budgeting, forecasting, and investment accounting
• High level of integrity and ability to handle confidential financial and member data
• Strong leadership, communication, and team management skills

Nice To Haves

• Experience working with membership-based or nonprofit organizations
• Understanding of reserve accounting and actuarial coordination
• Proficiency in accounting systems and financial reporting tools (Sage, SOVOS)

Responsibilities

• Monitoring bank activity, analyzing cash positions, and reconciling disbursements with accounting systems.
• Processing payroll (bi-weekly), preparing related reports, handling annuity tax payments, and maintaining accurate records for claims, transfers, and employee benefit updates.
• Reviewing bank safeguards (such as positive pay), managing stop payment requests, updating trust fund interest worksheets, and maintaining documentation for internal reporting.
• Processing pension payments, calculating and tracking annuity interest and investment activity, reconciling claims and bank accounts, and balancing payroll and investment accounts across multiple financial institutions.
• Preparing journal entries, trial balances, and financial reports, as well as verifying transactions such as voided checks and investment payments.
• Reviewing invoices, maintaining financial statements and records, coordinating with internal teams and external vendors, and ensuring all documentation is properly filed.
• Supporting compliance and audit readiness by verifying data accuracy across systems and preparing required reports related to claims, taxes, and annuities.
• Ensuring the accuracy, integrity, and timely processing of financial and payroll operations while supporting broader accounting and reporting functions.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior